National Association Of Rocketry

Organization Overview

National Association Of Rocketry is located in Marion, IA. The organization was established in 1963. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 12/2021, National Association Of Rocketry employed 2 individuals. This organization is the central organization for a national or regional group of organizations. National Association Of Rocketry is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, National Association Of Rocketry generated $639.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $606.4k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ASSOCIATION IS A MEMBER HOBBY ORGANIZATION WHOSE PURPOSE IS TO PROMOTE THE EDUCATIONAL AND SCIENTIFIC ASPECTS OF THE HOBBY OF MODEL ROCKETRY. THE ASSOCIATION JOINTLY SPONSORS THE TEAM AMERICA ROCKETRY CHALLENGE FOR PROMOTING SCIENTIFIC AND SPACE CAREERS FOR YOUNG PEOPLE, ALONG WITH OTHER ACTIVITIES THAT PROMOTE THE HOBBY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NATIONAL AND INTERNATIONAL EVENTS: 2 NATIONAL LEVEL LAUNCHES AND 1 NATIONAL CONVENTION INTERNATIONAL COMPETITION TEAM AMERICA ROCKETRY CHALLENGE WHICH IS A US 7-12 GRADE COMPETITION PROMOTING SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATIC SKILLLS TO ENCOURAGE AN INTEREST IN THROSE FIELDS FOR HIGH EDUCAITON AND CAREER. THESE EVENTS BENEFIT OVER 7000 PERSONS


SPORT ROCKETRY PUBLICATION AND NEWSLETTER - BIMONTHLY MAGAZINE AND NEWSLETTER THAT DISSEMINATES INFORMATION TO MEMBERS REGARDING SAFETY, EDUCATION, TECHNICAL AND MEMBER ACTIVITIES. SPORT ROCKETRY PUBLICATION AND NEWSLETTER BENEFIT 7200 MEMBERS.


MEMBERS INSURANCE - ASSOCIATION PROVIDES PRIMARY LIABILITY COVERAGE OF $5,000,000 TO MEMBERS, CLUBS, AND LANDOWNERS. MEMBER INSURANCE BENEFITS 7200 MEMBERS ACROSS 175 SECTIONS


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Board, Officers & Key Employees

Name (title)Compensation
Carol Marple
Vice President
$0
Mark Wise
Secretary
$0
John Hochheimer
President
$0
Kevin Johnson
Treasurer
$0
Stephen Lubliner
Trustee
$0
Becky Green
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$394,522
Fundraising events$0
Related organizations$0
Government grants $108,822
All other contributions, gifts, grants, and similar amounts not included above$41,014
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$544,358
Total Program Service Revenue$82,814
Investment income $13
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $639,191

Grants Recieved

Over the last fiscal year, we have identified 1 grants that National Association Of Rocketry has recieved totaling $690.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$690
View Grant Recipient Profile

Endowment Analysis

Net Contributions$25,000
Ending Balance$25,000

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