Overview
What is Friends Of Amateur Rocketry Inc?
Friends of Amateur Rocketry Inc is a nonprofit organization with a focus on STEM education. Based on the provided information, they aim to foster learning in aerospace and engineering through hands-on experiences. They accomplish this by offering upgraded facilities and providing a bipropellant liquid fuel kit. This kit allows individuals to engage directly with the practical aspects of rocketry, fostering a deeper understanding and passion for these fields. The organization's mission is to support and educate, empowering individuals to explore the wonders of aerospace engineering.
Official website here: www.friendsofamateurrocketry.org
Is Friends Of Amateur Rocketry Inc legitimate?
Friends Of Amateur Rocketry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Amateur Rocketry Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $22,675
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.friendsofamateurrocketry.org
What is the mission statement of Friends Of Amateur Rocketry Inc?
Friends of Amateur Rocketry Inc. is a nonprofit organization dedicated to promoting STEM education through amateur rocketry. Their mission is to support individuals by providing them with enhanced facilities and a bipropellant liquid fuel kit, enabling hands-on aerospace and engineering education. By doing so, the organization aims to inspire and foster a deeper understanding of these fields.
Official website here: www.friendsofamateurrocketry.org
What is the revenue of Friends Of Amateur Rocketry Inc?
Friends Of Amateur Rocketry Inc's revenue in 2024 was $207,182.
Official website here: www.friendsofamateurrocketry.org
Who are the executives of Friends Of Amateur Rocketry Inc and what are their salaries?
There 6 volunteers at Friends Of Amateur Rocketry Inc.
Here are 4 key members and their salaries:
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $5,325
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
Official website here: www.friendsofamateurrocketry.org
Where can I find the form 990 for Friends Of Amateur Rocketry Inc?
Friends Of Amateur Rocketry Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.friendsofamateurrocketry.org
Learn more at the official website: www.friendsofamateurrocketry.org
Mission Statement of Friends Of Amateur Rocketry Inc
Friends of Amateur Rocketry Inc, a nonprofit organization, is dedicated to promoting STEM education through amateur rocketry. Their mission is to provide individuals with the necessary resources and facilities for hands-on aerospace and engineering education. To achieve this, they offer an upgraded setup and a bipropellant liquid fuel kit. This equipment allows individuals to engage in practical learning, fostering a deeper understanding of rocketry and related engineering concepts. By providing these tools, Friends of Amateur Rocketry Inc empowers individuals to explore the exciting world of rocketry, encouraging innovation and fostering a passion for STEM subjects.
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Impact
August, 2024
Friends Of Amateur Rocketry Inc has a significant impact in the field of STEM education by providing hands-on aerospace and engineering education opportunities to individuals through their upgraded facilities and bipropellant liquid fuel kit. Their work helps to inspire a new generation of rocketry enthusiasts and future aerospace professionals.
This information is meant to be a general summary of Friends Of Amateur Rocketry Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $129
- Program Service Revenue: $188,295
- Gross Receipts: $207,182
Assets and Liabilities:
- Total Assets: $375,893
- Total Liabilities: $0
- Net Assets: $375,893
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rocket Static Firing and Launches
Revenue
$165,875
Launch Contests
Revenue
$16,120
Rocket Launch and static Firing Safety Symposium
Revenue
$6,300
Organization Details
Principal Officer
Mark Holthaus
NTEE Category
Code: B30 - Education
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