Air Space And Missile Defense Association - Asmda
- Assets
- $991.9k
- Revenue
- $284.8k
- Investments
- $692.2k
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- 02/1997
- Data as of
- 12/2022
- EIN
- 31-1466898
Organization Overview
Air Space And Missile Defense Association - Asmda is located in Huntsville, AL. The organization was established in 1997. According to its NTEE Classification (Q43) the organization is classified as: National Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Air Space And Missile Defense Association - Asmda 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 12/2022, Air Space And Missile Defense Association - Asmda generated $284.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $86.9k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE AIR, SPACE, & MISSILE DEFENSE ASSOCIATION IS TO PROMOTE THE SECURITY OF OUR NATION BY PROVIDING PROGRAMS AND SUPPORT FOR ACTIVITIES THAT CONTRIBUTE TO THE ADVANCEMENT OF A COMMON UNDERSTANDING OF THE VITAL IMPORTANCE OF AIR, SPACE & MISSILE DEFENSE SYSTEMS TO OUR NATIONAL FUTURE. TO FOSTER COMMUNICATIONS AND RELATIONSHIPS BETWEEN GOVERNMENT ACTIVITIES WITH RESPONSIBILITIES FOR OR INTERESTS IN AIR, SPACE, AND MISSILE DEFENSE; LOCAL GOVERNMENT ORGANIZATIONS; AND LOCAL INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED FIVE 5,000 ACADEMIC SCHOLARSHIPS FROM THE ASMA "LORETTA SPENCER" COLLEGE AND UNIVERSITY SCHOLARSHIP PROGRAM ON 9 AUGUST 2022 AS PART OF THE 2022 SPACE AND MISSILE DEFENSE SYMPOSIUM WHICH TOOK PLACE ON 9-11 AUGUST 2022.
AWARDED SCHOLARSHIPS TO 16 9-11-YEAR-OLDS FROM ASMDA SUPPORTED ORGANIZATIONS LIVING BOTH CONUS AND OCONUS TO ATTEND THE US SPACE AND ROCKET CENTER SPACE CAMP IN HUNTSVILLE, AL IN JULY 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Jenkins President | Officer | 2 | $0 |
Marsha Holmes Vice-Preside | Officer | 2 | $0 |
David Diaddario Treasurer | Officer | 3 | $0 |
Julie Brown Secretary | Officer | 3 | $0 |
Pete Weiland Board Member | Trustee | 1 | $0 |
Mary Beth Keolbl Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $274,443 |
| Investment income | $13,197 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,812 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $284,828 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $71,688 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,079 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $516 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $300 |
| All other expenses | $0 |
| Total functional expenses | $86,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,657 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 | $692,242 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $991,899 |
| 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 | $0 |
| 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 | $991,899 |
| Total liabilities and net assets/fund balances | $991,899 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Air University Foundation Maxwell Afb, AL | $4,138,161 | $408,669 |
Air Space And Missile Defense Association - Asmda Huntsville, AL | $991,899 | $284,828 |
Friends Of Intelligence Practitioners Inc Lake Worth, FL | $41,375 | $0 |
Infraguard North Florida Members Alliance Inc Tallahassee, FL | $1,025 | $1,160 |
Music City Ngaus 2009 Inc Nashville, TN | $411,302 | $0 |