National Space Club And Foundation
- Assets
- $1.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/2014
- Data as of
- 06/2023
- EIN
- 46-2820184
Organization Overview
National Space Club And Foundation is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Space Club And Foundation 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 06/2023, National Space Club And Foundation generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $998.9k during the year ending 06/2023. 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
TO FOSTER EXCELLENCE IN SPACE ACTIVITY THROUGH INTERACTION BETWEEN INDUSTRY AND GOVERNMENT, AND THROUGH A CONTINUING PROGRAM OF EDUCATIONAL SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GODDARD MEMORIAL DINNER - ANNUAL EVENT HONORING THE ANNIVERSARY OF THE FIRST SUCCESSFUL LIQUID-FUELED ROCKET FLIGHT THAT BRINGS TOGETHER NEARLY 2,000 MEMBERS OF THE GOVERNMENT, INDUSTRY AND EDUCATIONAL SPACE COMMUNITY.
YOUTH EDUCATION AND BREAKFASTS - THE SPACE CLUB AND FOUNDATION PROMOTES THE EDUCATION OF YOUTH IN THE AREAS OF SPACE FLIGHT, SPACE SCIENCE AND RELATED TECHNOLOGIES THROUGH INTERNSHIPS AND SCHOLARSHIPS, AND TO INSPIRE THE NEXT GENERATION OF LEADERS IN THE AEROSPACE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Lisa A Monaco President | OfficerTrustee | 2 | $0 |
Joe Vealencis Chairperson/president Elect | OfficerTrustee | 2 | $0 |
Megan Marsh Treasurer | OfficerTrustee | 2 | $0 |
Kevin Mortensen Director | Trustee | 2 | $0 |
Robbie Sabathier Director | Trustee | 2 | $0 |
Sharon Dunbar Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hilton Washington Venue For Goddard Dinner | 6/29/16 | $326,566 |
Giuffrida Associates Management Incl. Exe. Dir. Compensation | 6/29/16 | $143,817 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $474,260 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $504,110 |
| Total Program Service Revenue | $815,935 |
| Investment income | $8,055 |
| 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 | $1,328,100 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $122,700 |
| 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 | $241,470 |
| Fees for services: Legal | $2,061 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,285 |
| Advertising and promotion | $0 |
| Office expenses | $40,244 |
| Information technology | $14,809 |
| Royalties | $0 |
| Occupancy | $3,301 |
| Travel | $18,778 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $461,302 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,680 |
| All other expenses | $0 |
| Total functional expenses | $998,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,040,673 |
| 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 | $13,450 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $607,198 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,661,321 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $55,400 |
| 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 | $55,400 |
| Net assets without donor restrictions | $1,605,921 |
| 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 | $1,661,321 |