Civic Intelligence

The Astronauts Memorial Foundation Inc.

990 • Fiscal year 2016 • EIN 59-2637266

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

State Road 405 M6-306Kennedy Space Center, FL 32899

(321) 452-2887

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.09x

Higher debt load relative to revenue than 26% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

19th percentile

-8.4%

Higher net margin than 19% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

53rd percentile

$182,016

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

31st percentile

-1.9%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-21%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$12,140,526

Down $236,704 (-1.9%) from 2015

Net Assets

Down

$12,027,613

Down $258,289 (-2.1%) from 2015

Liabilities

Up

$112,913

Up $21,585 (+24%) from 2015

Revenue

Down

$1,234,860

Down $322,456 (-21%) from 2015

Expenses

Down

$1,338,562

Down $100,169 (-7.0%) from 2015

Net Income

Down

-$103,702

Down $222,287 (-187%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $13,603,750Liabilities 2010: $157,962Net Assets 2010: $13,445,7882010Assets 2011: $13,721,282Liabilities 2011: $201,892Net Assets 2011: $13,519,3902011Assets 2012: $13,150,418Liabilities 2012: $305,026Net Assets 2012: $12,845,3922012Assets 2013: $12,551,195Liabilities 2013: $26,820Net Assets 2013: $12,524,3752013Assets 2014: $12,634,030Liabilities 2014: $86,229Net Assets 2014: $12,547,8012014Assets 2015: $12,377,230Liabilities 2015: $91,328Net Assets 2015: $12,285,9022015Assets 2016: $12,140,526Liabilities 2016: $112,913Net Assets 2016: $12,027,6132016Assets 2017: $12,196,495Liabilities 2017: $110,284Net Assets 2017: $12,086,2112017Assets 2018: $12,065,449Liabilities 2018: $231,286Net Assets 2018: $11,834,1632018Assets 2019: $11,794,865Liabilities 2019: $267,385Net Assets 2019: $11,527,4802019Assets 2020: $13,639,838Liabilities 2020: $217,632Net Assets 2020: $13,422,2062020Assets 2021: $13,862,910Liabilities 2021: $200,292Net Assets 2021: $13,662,6182021Assets 2022: $12,766,095Liabilities 2022: $137,306Net Assets 2022: $12,628,7892022Assets 2023: $12,051,546Liabilities 2023: $154,266Net Assets 2023: $11,897,2802023Assets 2024: $11,433,140Liabilities 2024: $216,008Net Assets 2024: $11,217,1322024Assets 2025: $10,970,269Liabilities 2025: $190,966Net Assets 2025: $10,779,3032025

Highlighted filing

2016

Assets$12,140,526
Liabilities$112,913
Net Assets$12,027,613

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,587,0072010Expenses 2011: $1,667,1942011Expenses 2012: $1,552,2392012Revenue 2013: $621,037Expenses 2013: $1,186,346Net Income 2013: -$565,3092013Revenue 2014: $1,010,724Expenses 2014: $1,315,367Net Income 2014: -$304,6432014Revenue 2015: $1,557,316Expenses 2015: $1,438,731Net Income 2015: $118,5852015Revenue 2016: $1,234,860Expenses 2016: $1,338,562Net Income 2016: -$103,7022016Revenue 2017: $1,072,132Expenses 2017: $1,303,019Net Income 2017: -$230,8872017Revenue 2018: $1,114,071Expenses 2018: $1,458,152Net Income 2018: -$344,0812018Revenue 2019: $1,385,116Expenses 2019: $1,668,876Net Income 2019: -$283,7602019Revenue 2020: $3,579,772Expenses 2020: $1,625,524Net Income 2020: $1,954,2482020Revenue 2021: $1,069,432Expenses 2021: $1,197,906Net Income 2021: -$128,4742021Revenue 2022: $1,167,493Expenses 2022: $1,704,838Net Income 2022: -$537,3452022Revenue 2023: $1,291,283Expenses 2023: $2,093,084Net Income 2023: -$801,8012023Revenue 2024: $1,359,657Expenses 2024: $2,139,572Net Income 2024: -$779,9152024Revenue 2025: $1,538,147Expenses 2025: $2,145,788Net Income 2025: -$607,6412025

Highlighted filing

2016

Revenue$1,234,860
Expenses$1,338,562
Net Income-$103,702
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$1,234,860
Mission and Program Overview

Mission

The astronauts memorial foundation honors and memorializes those astronauts who have sacrificed their lives for the nation and the space program by sponsoring the national space mirror memorial, and by implementing innovative educational technology programs.

The foundation honors and memorializes astronauts who have sacrificed their lives for the nation and space program by sponsoring the national space mirror memorial, & implementing innovative educational technology programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,984,748$8,814,408▼ $170,340
Investments Program Related$3,260,795$2,835,083▼ $425,712
Savings and Temporary Cash Investments$37,829$349,844▲ $312,015
Accounts Receivable$71,393$55,531▼ $15,862
Cash and Non-Interest-Bearing Accounts$400$400→ $0
Total Assets$12,377,230$12,140,526▼ $236,704
Other Assets Total$22,065$85,260▲ $63,195
Liabilities
Accounts Payable and Accrued Expenses$82,402$112,913▲ $30,511
Deferred Revenue$8,926--
Total Liabilities$91,328$112,913▲ $21,585
Net Assets / Fund Balance
Unrestricted Net Assets$12,285,902$12,027,613▼ $258,289
Total Net Assets Fund Balance$12,285,902$12,027,613▼ $258,289
Total Liabilities and Net Assets / Fund Balance$12,377,230$12,140,526▼ $236,704

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,977,037-$6,977,037
Buildings$1,805,583$4,237,832$6,043,415
Equipment$31,788$335,043$366,831
Investment Program Related Org$855,132--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$3,057,054-▼ $29,392-$2,987,958
2014$3,054,000-▲ $75,045-$3,057,054
2013$3,110,573-▲ $374,698-$3,054,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thad AltmanPresident /FT$165,516$16,500$182,016
Thad AltmanPresident / CEO-$165,516$16,500$182,016

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$618,062
Program Service Revenue
$17,245
Investment Income
$125,195
Other Revenue
$474,358
All Other Contributions
$618,062
Change in Net Assets
$-103,702

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,234,860
Revenue Not Reported on Form 990
$-154,587
Total Revenue per Audited Statements
$1,080,273
Total Revenue per Form 990
$1,234,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$687,359
Other Expenses$651,203
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$327,437$92,354-$419,791
Depreciation Depletion$211,387--$211,387
Current Officers, Directors, Trustees, and Key Employees$33,103$132,413-$165,516
Fees for Services Accounting-$57,935-$57,935
Office Expenses$43,398$2,284-$45,682
Pension Plan Contributions$10,430$34,919-$45,349
Fees for Services Lobbying-$39,000-$39,000
Payroll Taxes$8,768$29,353-$38,121
Occupancy$36,505--$36,505
Information Technology$20,219--$20,219
Advertising-$19,734-$19,734
Other Employee Benefits$4,274$14,308-$18,582
Travel$7,634$4,111-$11,745
Other Expenses$6,361$3,311-$6,361
Total Functional Expenses$908,840$429,722$0$1,338,562

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,338,562
Total Expenses per Audited Statements$1,338,562
Total Expenses per Form 990$1,338,562
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The tax return is reviewed by the finance director and president / ceo.

Form 990, Page 6, Part VI, Line 12C

Annually, the organization's directors and officers are required to review conflict of interest policy and disclose any known conflicts of interest, any financial transactions with a related party or involving an officer or director where a conflict of interest in prohibited.

Form 990, Page 6, Part VI, Line 15A

The compensation of the organization's president is established by the compensation committee of the board of directors with consideration given to compensation provided to other presidents of organizations of like kind and size. Compensation of the organization's other officers and key employees are established by the president, after considering comparable compensation for similar positions with similar organizations and experience. Annually, the salary and benefits of the president are reviewed by the compensation committee and executive committee of the board of directors. The compensation committee uses an independent consultant firm to advise it on the compensation of the president.

Form 990, Page 6, Part VI, Line 19

Governing documents, including form 1123, application for recognition for exemption, are available for public inspection at our corporate offices, or upon written request.

Filing and Contact Details

Filer

Filer Name
Astronauts Memorial Foundation Inc
EIN
59-2637266
Phone
3214522887
Address
STATE ROAD 405 M6-306, KENNEDY SPACE CENTER, FL 32899

Signing Officer

Name
Thad Altman
Title
President / CEO
Phone
3214522887
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thad Altman
Formed
1986
Legal Domicile
Fl
Voting Board Members
17
Independent Board Members
17
Employees
15
Volunteers
54

Preparer

Firm
Davies Houser & Secrest CPA Pa
Address
PO BOX 129, COCOA, FL 32923-0129
Preparer
Todd M Russell CPA
Phone
3216360426
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The astronauts memorial foundation honors and memorializes those astronauts who have sacrificed their lives for the nation and the space program by sponsoring the national space mirror memorial, and by implementing innovative educational technology programs.

Form 990, Page 2, Part III, Line 4C

School groups take part in a lecture/demonstration program as well as hands on science activities using actual space hardware and artifacts. Visitors enjoy the hands on portion of the program nasa's educator resource center. As an educator, you are invited to visit nasa's educator resource center, also located in the center for space education. You will receive a packet of nasa printed material and have the opportunity to copy a variety of videotapes, slides and software onto your own blank tapes, film and disks. The center houses the amf educational technology institute, a national organization which provides training, demonstration and developmental programs for educators in partnership with corporations, government agencies, educational institutes and national associations florida space institute.

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IRS990/MissionDesc0THE ASTRONAUTS MEMORIAL FOUNDATION HONORS AND MEMORIALIZES THOSE ASTRONAUTS WHO HAVE SACRIFICED THEIR LIVES FOR THE NATION AND THE SPACE PROGRAM BY SPONSORING THE NATIONAL SPACE MIRROR MEMORIAL, AND BY IMPLEMENTING INNOVATIVE EDUCATIONAL TECHNOLOGY PROGRAMS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ASTORNAUTS MEMORIAL FOUNDATION CAPTURES THE TECHNOLOGY DEVELOPED IN THE UNITED STATES' SPACE PROGRAM AND APPLIES IT TO THE FIELD OF EDUCATION. WE PARTNER WITH THE NATIONAL AERONAUTICS AND SPACE ADMINISTRATION TO PROVIDE TECHNOLOGY TRAINING TO EDUCATORS THROUGHOUT THE NATION WITH A PARTICULAR EMPHASIS ON SPACE-RELATED TECHNOLOGY. IN ADDITION, AT THE CENTER FOR SPACE EDUCATION WE OFFER SPACE-RELATED EDUCATIONAL OPPORTUNITIES FOR INDIVIDUALS, AND, IN DOING SO, WE IMPROVE THE QUALITY OF THE WORK-FORCE IN THE SPACE INDUSTRY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0OPERATIONS AND MAINTENANCE OF THE CENTER FOR SPACE EDUCATION. THIS "LIVING MEMORIAL" TO THE ASTRONAUTS HAS A TWOFOLD MISSION. TO FOSTER AN UNDERSTANDING OF SPACE EXPLORATION AMONG PEOPLE, TEACHERS, AND KENNEDY SPACE CENTER VISITORS. TO IMPROVE AMERICAN EDUCATION THROUGH THE ACCELERATED AND EFFECTIVE APPLICATION OF TECHNOLOGY IN OUR SCHOOLS. THIS 47,000 SQUARE-FOOT FACILITY IS LOCATED ON SIX ACRES AT THE KENNEDY SPACE CENTER VISITOR COMPLEX, WHICH DRAWS NEARLY THREE-MILLION VISITORS EACH YEAR TO SPACE EDUCATION AT THE CENTER. NASA CONDUCTS MANY SPACE EDUCATION PROGRAMS IN THE CENTER. ITS POPULAR EXPLORATION STATION HOSTS MORE THAN 1,000 SCHOOL FIELD TRIPS EACH YEAR AND HUNDREDS OF THOUSANDS OF OTHER VISITORS. CONTINUED ON SCHEDULE O - SCHOOL GROUPS TAKE PART IN A LECTURE/DEMONSTRATION PROGRAM AS WELL AS HANDS ON SCIENCE ACTIVITIES USING ACTUAL SPACE HARDWARE AND ARTIFACTS. VISITORS ENJOY THE HANDS ON PORTION OF THE PROGRAM NASA'S EDUCATOR RESOURCE CENTER. AS AN EDUCATOR, YOU ARE INVITED TO VISIT NASA'S EDUCATOR RESOURCE CENTER, ALSO LOCATED IN THE CENTER FOR SPACE EDUCATION. YOU WILL RECEIVE A PACKET OF NASA PRINTED MATERIAL AND HAVE THE OPPORTUNITY TO COPY A VARIETY OF VIDEOTAPES, SLIDES AND SOFTWARE ONTO YOUR OWN BLANK TAPES, FILM AND DISKS. THE CENTER HOUSES THE AMF EDUCATIONAL TECHNOLOGY INSTITUTE, A NATIONAL ORGANIZATION WHICH PROVIDES TRAINING, DEMONSTRATION AND DEVELOPMENTAL PROGRAMS FOR EDUCATORS IN PARTNERSHIP WITH CORPORATIONS, GOVERNMENT AGENCIES, EDUCATIONAL INSTITUTES AND NATIONAL ASSOCIATIONS FLORIDA SPACE INSTITUTE.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.0$0.19$10.8$1.54$2.15$0.61
2024Detailed filing. Detailed filing data is available for this year.$11.4$0.22$11.2$1.36$2.14$0.78
2023Detailed filing. Detailed filing data is available for this year.$12.1$0.15$11.9$1.29$2.09$0.80
2022Detailed filing. Detailed filing data is available for this year.$12.8$0.14$12.6$1.17$1.70$0.54
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$0.20$13.7$1.07$1.20$0.13
2020Detailed filing. Detailed filing data is available for this year.$13.6$0.22$13.4$3.58$1.63$1.95
2019Detailed filing. Detailed filing data is available for this year.$11.8$0.27$11.5$1.39$1.67$0.28
2018Detailed filing. Detailed filing data is available for this year.$12.1$0.23$11.8$1.11$1.46$0.34
2017Detailed filing. Detailed filing data is available for this year.$12.2$0.11$12.1$1.07$1.30$0.23
2016Detailed filing. Detailed filing data is available for this year.$12.1$0.11$12.0$1.23$1.34$0.10
2015Detailed filing. Detailed filing data is available for this year.$12.4$0.09$12.3$1.56$1.44$0.12
2014Detailed filing. Detailed filing data is available for this year.$12.6$0.09$12.5$1.01$1.32$0.30
2013Summary only. Only limited summary data is available for this year.$12.6$0.03$12.5$0.62$1.19$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$0.31$12.8$1.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$0.20$13.5$1.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$0.16$13.4$1.59