National Space Grant Foundation Inc
- Assets
- $3.3m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, OR
- Founding
- 04/2001
- Data as of
- 12/2023
- EIN
- 52-2288711
Organization Overview
National Space Grant Foundation Inc is located in Albany, OR. The organization was established in 2001. According to its NTEE Classification (U12) the organization is classified as: Fund Raising & Fund Distribution, 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 Grant Foundation Inc 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, National Space Grant Foundation Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $3.0m during the year ending 12/2023. While expenses have increased by 10.7% 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.
Since 2014, National Space Grant Foundation Inc has awarded 121 individual grants totaling $2,535,993. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND ENHANCE THE SPACE GRANT CONSORTIA IN EVERY STATE TO CARRY OUT EDUCATION, RESEARCH, AND OUTREACH ACTIVITIES IN SCIENCE, MATHEMATICS, ENGINEERING, AND TECHNOLOGY, AND ADDITIONAL FIELDS RELATED TO SPACE, AERONAUTICS, AVIATION, AND EARTH SYSTEM SCIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT AND ENHANCE THE SPACE GRANT CONSORTIA IN EVERY STATE TO CARRY OUT EDUCATION, RESEARCH, AND OUTREACH ACTIVITIES IN SCIENCE, MATHEMATICS, ENGINEERING, AND TECHNOLOGY, AND ADDITIONAL FIELDS RELATED TO SPACE, AERONAUTICS, AVIATION, AND EARTH SYSTEM SCIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Freese Chief Executive Officer | Officer | 10 | $50,400 |
Kevin Crosby Treasurer | OfficerTrustee | 2 | $0 |
Shawna Mcbride Chair | OfficerTrustee | 1 | $0 |
Jaydeep Mukherhee Vice Chair | OfficerTrustee | 1 | $0 |
Joe Orr Board Member | Trustee | 1 | $0 |
Andy Arena Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $490,264 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,247 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $560,511 |
| Total Program Service Revenue | $2,646,373 |
| Investment income | $55,659 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,498 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,614,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $361,035 |
| Grants and other assistance to domestic individuals. | $921,954 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,400 |
| 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 | $954 |
| Fees for services: Accounting | $1,194 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,000 |
| Fees for services: Other | $187,457 |
| Advertising and promotion | $15,912 |
| Office expenses | $310 |
| Information technology | $14,357 |
| Royalties | $0 |
| Occupancy | $1,130 |
| Travel | $165,098 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $272,684 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,079 |
| All other expenses | $16,758 |
| Total functional expenses | $3,000,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,151,126 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92,495 |
| 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 | $2,098,411 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,342,032 |
| Accounts payable and accrued expenses | $1,476 |
| 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 | $1,476 |
| Net assets without donor restrictions | $2,772,552 |
| Net assets with donor restrictions | $568,004 |
| 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 | $3,342,032 |
Grants Awarded
Over the last fiscal year, National Space Grant Foundation Inc has awarded $346,506 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NORTH TEXAS PURPOSE: SUBCONTRACT | $30,000 |
UNIVERSITY OF MARYLAND PURPOSE: SUBCONTRACT | $12,000 |
NORTH DAKOTA STATE UNIVERSITY PURPOSE: SUBCONTRACT | $30,000 |
UNIVERSITY OF MICHIGAN PURPOSE: SUBCONTRACT | $6,780 |
UNIVERSITY OF MICHIGAN PURPOSE: SUBCONTRACT | $17,700 |
OHIO STATE UNIVERSITY PURPOSE: SUBCONTRACT | $7,769 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Give To Research Yelm, WA | $4,657,410 | $4,428,357 |
National Space Grant Foundation Inc Albany, OR | $3,342,032 | $3,614,257 |
Vertuelab Portland, OR | $6,880,373 | $2,827,087 |
The National Academies Corporation Irvine, CA | $17,957,983 | $281,213 |
Unitary Fund San Francisco, CA | $536,413 | $835,211 |
Perlan Project Inc Beaverton, OR | $1,489,134 | $860,423 |
Idaho Stem Action Center Foundation Boise, ID | $9,457 | $621,319 |
Center For The Study Of Partisanship And Ideology Sierra Madre, CA | $558,482 | $187,842 |
California Grape Rootstock Research Foundation Sacramento, CA | $2,162,322 | $245,605 |
Siebel Energy Institute Redwood City, CA | $0 | $0 |
Usrca Lafayette, CA | $12,961 | $41,653 |
Phyllis And Mark Leppert Foundation For Fertility Research Bellevue, WA | $1,975 | $0 |
Bill Nye Science Foundation Los Angeles, CA | $248,526 | $0 |
Schefsky Foundation San Francisco, CA | $123,241 | $130 |
Coptic Business Solutions Yorba Linda, CA | $0 | $0 |
Electrijet Research Foundation Greenacres, WA | $406 | $0 |