Washington Aerospace Scholarsfoundation
- Assets
- $448.9k
- Revenue
- $338.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Seattle, WA
- Founding
- 04/2007
- Data as of
- 12/2023
- EIN
- 20-5085342
Organization Overview
Washington Aerospace Scholarsfoundation is located in Seattle, WA. The organization was established in 2007. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. As of 12/2023, Washington Aerospace Scholarsfoundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Aerospace Scholarsfoundation 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 12/2023, Washington Aerospace Scholarsfoundation generated $338.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $369.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) THROUGH A STATEWIDE INTERACTIVE LEARNING EXPERIENCE AND RESIDENCY AT THE MUSEUM OF FLIGHT IN SEATTLE FOR HIGH SCHOOL JUNIORS IN WASHINGTON STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WASHINGTON AEROSPACE SCHOLARS FOUNDATION (WAS) PROGRAM, HOSTED BY THE MUSEUM OF FLIGHT IN SEATTLE, WAS MODELED AFTER A SUCCESSFUL NASA PROGRAM TO PROMOTE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) LEARNING AMONG HIGH SCHOOL JUNIORS. WAS IS COMPOSED OF TWO PARTS: (1) A FIVE-MONTH COMPETITIVE STATEWIDE INTERACTIVE ONLINE LEARNING EXPERIENCE FOLLOWED BY (2) A SIX-DAY SUMMER "DESIGN" EXPERIENCE HOSTED BY THE MUSEUM OF FLIGHT. DURING THE SUMMER RESIDENCY, OVER 100 STUDENTS JOINED US IN-PERSON AT THE MUSEUM OF FLIGHT, ALONG WITH 12 WASHINGTON STATE CERTIFIED TEACHERS, TO WORK IN COLLABORATIVE TEAMS WITH INPUT FROM PROFESSIONAL SCIENTISTS AND ENGINEERS ON THE DESIGN OF A HUMAN MISSION TO MARS. THEY ALSO TOURED STEM INDUSTRY FACILITIES AND COMPETED IN A HANDS-ON ENGINEERING CHALLENGES. AFTER COMPLETING THE PROGRAM, STUDENTS ARE ENCOURAGED TO PURSUE STEM CAREERS AND REPORT THEIR POST-HIGH SCHOOL COLLEGE AND DEGREE FIELD CHOICES TO THE WAS ALUMNI ASSOCIATION. THE PROGRAM WAS FUNDED THROUGH PRIVATE SOURCES SO THAT ANY INSPIRED STUDENT WILLING TO WORK COULD PARTICIPATE, REGARDLESS OF ECONOMIC ABILITY. STUDENTS REPRESENT MANY LEGISLATIVE DISTRICTS IN THE STATE, AND ALL GENDERS, AS WELL AS UNDERREPRESENTED ETHNIC AND CULTURAL GROUPS. AS OF DECEMBER 2023, OVER 4,000 STUDENTS HAVE PARTICIPATED IN THE DISTANCE LEARNING PORTION OF THE WASHINGTON AEROSPACE SCHOLARS PROGRAM AND 2,171 STUDENTS HAVE PARTICIPATED IN A SUMMER EXPERIENCE AND BECAME PROGRAM ALUMNI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jovonia Taylor-Thibert President | OfficerTrustee | 1 | $0 |
Marisa Herrera PHD Vice President/treasurer | OfficerTrustee | 1 | $0 |
Brian Douglas Director/secretary | OfficerTrustee | 1 | $0 |
Lucia Blackwell Director | Trustee | 1 | $0 |
Lucy Casale Director | Trustee | 1 | $0 |
Alfonso Gonzalez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $132,725 |
| All other contributions, gifts, grants, and similar amounts not included above | $118,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $251,467 |
| Total Program Service Revenue | $86,150 |
| Investment income | $404 |
| 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 | $338,021 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,114 |
| Pension plan accruals and contributions | $4,454 |
| Other employee benefits | $17,219 |
| Payroll taxes | $8,438 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,886 |
| Advertising and promotion | $3,699 |
| Office expenses | $15,375 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $137,977 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $21,821 |
| Total functional expenses | $369,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $269,194 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $179,679 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $448,873 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $448,873 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $448,873 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Earth & Space Research Seattle, WA | $592,727 | $1,487,563 |
Pacific Northwest Aerospace Association Redmond, WA | $522,704 | $1,191,680 |
Washington Aerospace Scholarsfoundation Seattle, WA | $448,873 | $338,021 |
Klamath Outdoor Science School Klamath Falls, OR | $510,968 | $310,646 |
Alaska Endeavour Petersburg, AK | $18,910 | $197,233 |
Foundation For The Law Of Time Ashland, OR | $133,195 | $234,999 |
Soil Carbon Coalition La Grande, OR | $86,932 | $0 |
Columbia Aviation Association Aurora, OR | $362,852 | $0 |
Owyhee Gem & Mineral Society Inc Caldwell, ID | $121,326 | $0 |
Tillamook Bay Watershed Council Garibaldi, OR | $8,465 | $0 |
American Foundry Society Tukwila, WA | $21,544 | $0 |