Overview
What is Radio Amateur Satellite Corp?
Radio Amateur Satellite Corp, commonly known as AMSAT, is a nonprofit organization based in Washington, D.C. Their primary focus is on developing, publishing, printing, and distributing educational materials related to communication satellites, amateur radio, and scientific, educational, and technical programs. They have published six journals this year. In addition to their publishing activities, AMSAT's mission is to design and build satellites for amateur radio communication and promote related skills and interests among potential users. They are dedicated to fostering an interest in this field, thereby expanding the community of amateur radio enthusiasts.
Official website here: www.amsat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Radio Amateur Satellite Corp has achieved a Three-Star rating on Charity Navigator, indicating a decent level of accountability and financial health. The overall score is particularly influenced by its strong performance in the Accountability & Finance category, where it received full points for several indicators, such as having a majority of independent board members and no material diversion of assets.
Strengths of the organization include its high percentage of program expenses, which stands at 88.93%, showing that a significant portion of its resources is directed towards its mission. Additionally, the charity has posted its tax forms on its website, enhancing transparency. However, it has received zero points for missing key policies, such as a conflict of interest policy and a whistleblower policy, which may indicate areas where governance could be improved.
While the organization demonstrates solid financial practices and accountability, the absence of certain governance policies is a limitation that potential donors might consider. Addressing these gaps could bolster its overall ratings and enhance confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Radio Amateur Satellite Corp legitimate?
Radio Amateur Satellite Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Radio Amateur Satellite Corp 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.
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Official website here: www.amsat.org
What is the mission statement of Radio Amateur Satellite Corp?
Radio Amateur Satellite Corp's mission is centered around designing and constructing satellites for amateur radio communication. Their objective is also to stimulate interest and develop related skills in potential users. To further their cause, they produce and distribute educational materials related to communication satellites, amateur radio, and scientific, educational, and technical programs. During the current year, six journals were published by the corporation.
Official website here: www.amsat.org
Who is the CEO of Radio Amateur Satellite Corp?
Robert Bankston is the President of Radio Amateur Satellite Corp.
Official website here: www.amsat.org
What is the revenue of Radio Amateur Satellite Corp?
Radio Amateur Satellite Corp's revenue in 2022 was $485,691.
Official website here: www.amsat.org
Who are the executives of Radio Amateur Satellite Corp and what are their salaries?
There 70 volunteers at Radio Amateur Satellite Corp.
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Official website here: www.amsat.org
Where can I find the form 990 for Radio Amateur Satellite Corp?
Radio Amateur Satellite Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.amsat.org
Learn more at the official website: www.amsat.org
Mission Statement of Radio Amateur Satellite Corp
Radio Amateur Satellite Corp, often abbreviated as RASC, is dedicated to an inspiring mission. This organization focuses on designing and constructing satellites for the purpose of amateur radio communication. By doing so, RASC aims to foster interest and cultivate related skills among potential users. Additionally, RASC takes an active role in promoting these areas of expertise, contributing to the growth and development of the amateur radio community.
In pursuit of its mission, RASC engages in various activities. One of its key initiatives involves the creation of educational materials related to communication satellites, amateur radio, and scientific, educational, and technical programs. Throughout the current year, RASC has published six such journals, showcasing its commitment to disseminating knowledge and resources in these fields. By doing so, RASC empowers individuals and encourages their involvement in the world of amateur radio communication.
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Impact
July, 2024
Radio Amateur Satellite Corp's impact lies in its mission to design and build satellites for amateur radio communication, as well as promoting related skills and interests among potential users. Through their activities, they contribute to the advancement of amateur radio communication technology and satellite technology. Their efforts help individuals develop expertise in these areas, fostering a community of enthusiasts who share a passion for communication satellites and amateur radio. This organization plays a crucial role in nurturing skills and interests in satellite communication, thereby enriching the field and inspiring future innovations.
This information is meant to be a general summary of Radio Amateur Satellite Corp. 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: $69,305
- Program Service Revenue: $13,227
- Gross Receipts: $813,645
Assets and Liabilities:
- Total Assets: $1,503,692
- Total Liabilities: $9,222
- Net Assets: $1,494,470
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING AND SYMPOSIUM
Revenue
$9,535
FUNDRAISING-PUBLICATIONS
Revenue
$3,692
Organization Details
Founding Year
1969
Phone
(334) 494-0826Principal Officer
Robert Bankston
Main Address
PO BOX 27, WASHINGTON, DC, 20044
Website
www.amsat.orgNTEE Category
Code: A34Z - Arts
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