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Space Prize Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270839387 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Space Prize Foundation Inc?

Space Prize Foundation Inc, located in New York, New York, is a nonprofit organization dedicated to empowering young women to engage in the expanding space economy. Their flagship initiative, Space Prize Portugal, is a global competition aimed at Portuguese female students between the ages of 18 and 22. The competition offers mentorship opportunities to five finalists and a zero-gravity flight to two winners, provided by AirZeroG/NovEspace in Bordeaux, France. With a small team of two employees, Space Prize Foundation Inc is committed to inspiring and fostering the participation of young women in this exciting and evolving field.


Official website here: www.spaceprize.org

Is Space Prize Foundation Inc legitimate?

Space Prize Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Space Prize Foundation Inc submitted a form 990, 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: $97,812
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.spaceprize.org

What is the mission statement of Space Prize Foundation Inc?

The Space Prize Foundation Inc's mission is centered around empowering young women, specifically those between the ages of 18 and 22. This is done with the objective of enabling their participation in the expanding space economy. Through various initiatives, the foundation aims to provide opportunities for these young women, such as mentorship programs and experiences like zero-gravity flights. The Space Prize Portugal, one of their programs, is an example of their commitment to this mission, offering a global contest for Portuguese female students to foster their interest and involvement in the space sector.


Official website here: www.spaceprize.org

Who is the CEO of Space Prize Foundation Inc?

Kimberly Macharia is the Executive Director of Space Prize Foundation Inc.


Official website here: www.spaceprize.org

What is the revenue of Space Prize Foundation Inc?

Space Prize Foundation Inc's revenue in 2022 was $329,752.


Official website here: www.spaceprize.org

Who are the executives of Space Prize Foundation Inc and what are their salaries?

The average compensation at Space Prize Foundation Inc during 2022 was $48,906. There are 2 employees at Space Prize Foundation Inc.


Here are 5 key members and their salaries:


Mark Wagner (President)
  • Compensation: $59,479
  • Related: $0
  • Other: $15,626
Kimberly Macharia (Executive Director)
  • Compensation: $38,333
  • Related: $0
  • Other: $15,626
Susanne Moore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roman Chipotukha (Chairman Of The Board Of Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Miller (Vice Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spaceprize.org

Where can I find the form 990 for Space Prize Foundation Inc?

Space Prize Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.spaceprize.org

Learn more at the official website: www.spaceprize.org

Mission Statement of Space Prize Foundation Inc

Space Prize Foundation Inc, with a focus on empowerment, aims to encourage young women to join the expanding space economy. The organization's mission is to provide a platform for Portuguese female students between the ages of 18 and 22, offering them the opportunity to participate in this growing sector. This is achieved through the Space Prize Portugal challenge, a global contest that Space Prize Foundation Inc organizes in partnership with Mário Ferreira, the first Portuguese citizen to venture into space. The contest provides five finalists with a year of mentorship, offering them valuable guidance and insights into the space industry. Two winners are further rewarded with an exhilarating zero-gravity flight experience in Bordeaux, France, courtesy of AirZeroG/Novespace. Through these initiatives, Space Prize Foundation Inc is instrumental in fostering the participation of young women in the space economy, thereby empowering them for future success.

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Impact




October, 2024

Space Prize Foundation Inc significantly impacts the space economy by empowering young women to actively participate in this dynamic field. Through initiatives like the Space Prize Portugal, the organization creates opportunities for Portuguese female students aged 18 to 22 to engage with space-related challenges. This global contest not only fosters creativity and innovation but also provides valuable mentorship to finalists, allowing them to develop their skills and knowledge.

The program culminates in extraordinary experiences, such as zero-gravity flights, which not only inspire participants but also enhance their understanding of the space industry. By promoting inclusivity and encouraging young women to pursue careers in science, technology, engineering, arts, and mathematics (STEAM), Space Prize Foundation Inc is helping to shape a more diverse and innovative future for the space economy.




This information is meant to be a general summary of Space Prize Foundation 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.

Revenue
$329,752 (2022)
Expenses
$470,647 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $329,752

Assets and Liabilities:

  • Total Assets: $77,567
  • Total Liabilities: $29,789
  • Net Assets: $47,778

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Organization Details

Founding Year

2009

Principal Officer

Kimberly Macharia

Main Address

1365 York Avenue STE 1606, New York, NY, 10017

NTEE Category

Code: A20 - Arts

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