Overview
What is Argonaut?
Argonaut is a nonprofit organization situated in Cleveland, Ohio. Its primary mission is to break the cycle of poverty and promote educational equity by offering hands-on experiential learning opportunities and work experiences for youth interested in aerospace and maritime careers. Over the past fiscal year, Argonaut has strengthened its partnerships and expanded its scope of work. Notably, it formed a partnership with the Port of Cleveland, taking over the annual seasonal operation of Jetsam Floatsam, the Port's cleaning vessels. Through this collaboration, Argonaut provides staff and manages the operation of the vessels, offering both paid and trained staff, along with student interns, who gain valuable work experience. Argonaut also partnered with Youth Opportunities Unlimited in the winter of 2022, increasing the number of students provided with internships by 238%. This partnership has also contributed to raising awareness of career training through summer work experiences. Argonaut, founded in June 2022, has since strengthened its alignment with Davis Aerospace and Maritime High School, expanding student recruitment and graduation numbers. The organization remains committed to growing its industry reach and creating pathways for student succession in the fields of maritime and aerospace.
Is Argonaut legitimate?
Argonaut is a legitimate nonprofit organization registered as a 501(c)(3) entity. Argonaut 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: $104,910
Professional Fundraising Fees: $0
Other Salaries and Wages: $169,631
For more financial information, click here
What is the mission statement of Argonaut?
Argonaut's mission is centered around breaking the cycle of poverty and promoting equity in education. They achieve this by offering hands-on experiential learning opportunities and work experience for youth interested in careers in aerospace and maritime. Over the past year, Argonaut has strengthened its partnerships and expanded its scope of work, taking over the annual seasonal operation of JetSam Flotsam, the Port of Cleveland's cleaning vessels. This partnership allows Argonaut to provide paid and trained staff, along with student interns, with weekly training and work experience. Argonaut also partnered with Youth Opportunities Unlimited to increase the number of students provided with internships, resulting in a significant increase in internships. The organization has also overhauled its brand identity, strengthening its alignment with Davis Aerospace and Maritime High School, establishing shared goals, and improving the rigor of the school day and quality of experiential learning. Student recruitment continues to grow, with 2023 being the largest freshman class and the largest graduating class yet.
Who is the CEO of Argonaut?
David Ferguson is the Ceo of Argonaut. The CEO's salary of Argonaut is $0 and their total compensation is $0.
What is the revenue of Argonaut?
Argonaut's revenue in 2022 was $417,671.
Who are the executives of Argonaut and what are their salaries?
There 31 volunteers at Argonaut.
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Where can I find the form 990 for Argonaut?
Argonaut's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Argonaut
Argonaut, a nonprofit organization, is dedicated to breaking the cycle of poverty and increasing equity in education by providing hands-on experiential learning opportunities and work experience for youth interested in careers in aerospace and maritime fields. Its mission is to equip these young individuals with the necessary skills and real-world experience, thereby opening doors to promising careers in these industries.
Over the past fiscal year, Argonaut has been actively strengthening its partnerships and expanding its scope of work. One of its significant collaborations is with the Port of Cleveland, through which Argonaut assumed the annual seasonal operation of Jetsam Flotsam, the port's cleaning vessels. This partnership allows Argonaut to staff and manage the vessels' operations on the water, providing paid and trained staff, as well as student interns, with weekly training and work experience. By leveraging this partnership, Argonaut was able to increase internships by an impressive 238% compared to the previous year.
Argonaut's commitment to providing career opportunities extends beyond its partnership with the Port of Cleveland. In the winter of 2022, Argonaut also formed a partnership with Youth Opportunities Unlimited to increase the number of students receiving both maritime and aerospace internships. This collaboration has allowed Argonaut to focus on industry partners and supervision of the internship experience while securing funding and HR support. This strategic alliance has resulted in an expanded reach, with plans to offer additional internships to 16 more students.
Argonaut's mission to empower youth by providing hands-on learning opportunities and work experience in the aerospace and maritime fields is evident in its initiatives and partnerships. By fostering these collaborations, Argonaut is able to provide real-world experiences to young individuals, opening doors to promising careers in these fields and ultimately breaking the cycle of poverty.
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Impact
October, 2024
Argonaut's impact is profound, focusing on breaking the cycle of poverty and fostering equity in education through tailored hands-on experiential learning opportunities for youth. By creating pathways to careers in aerospace and maritime industries, Argonaut equips students with both practical skills and meaningful work experience.
In the past fiscal year, the organization has significantly expanded its reach and partnerships, most notably forming a formal collaboration with the Port of Cleveland. This partnership enabled Argonaut to operate the Jetsam Flotsam cleaning vessels, providing students with invaluable paid internships that combine work and training. Each week, students participate in 5-7 hours of training while gaining direct work experience, allowing them to develop skills relevant to their career interests.
The synergy between Argonaut and Youth Opportunities Unlimited has been essential in increasing internship offerings by an impressive 238% compared to the previous year, enhancing students' exposure to the maritime and aerospace sectors. This joint effort not only boosts the number of available internships but also raises awareness of career training opportunities through summer work experiences.
Argonaut has also successfully revamped its branding and solidified its connection with the Davis Aerospace and Maritime High School. Through this alignment, they are working together to elevate the rigor of the school’s curriculum and the quality of experiential learning experiences. Notably, 2023 marks the largest freshman class and graduating class to date, indicating strong student recruitment and engagement.
Overall, Argonaut is dedicated to increasing access to career development in high-demand industries, thus playing a crucial role in shaping the future workforce in Cleveland while fostering equity and opportunity for the next generation.
This information is meant to be a general summary of Argonaut. 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 2022.
- Investment Income: $25,801
- Program Service Revenue: $39,551
- Gross Receipts: $541,872
Assets and Liabilities:
- Total Assets: $308,006
- Total Liabilities: $372,407
- Net Assets: -$64,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AEROSPACE TRAINING
Revenue
$39,551
Organization Details
Founding Year
2010
Phone
(216) 860-4883Principal Officer
David Ferguson
Main Address
2332 PROSPECT AVE, CLEVELAND, OH, 44115
NTEE Category
Code: M23 - Public safety
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