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Astronauts Memorial Foundation Inc

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

EIN: 592637266 ✦ Kennedy space center, FL ✦ Designated as a 501(c)(3)

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Overview

What is Astronauts Memorial Foundation Inc?

Astronauts Memorial Foundation Inc, located in Kennedy Space Center, Florida, is a nonprofit organization dedicated to honoring and memorializing astronauts who have made the ultimate sacrifice for the nation and the space program. The foundation achieves this by sponsoring the National Space Mirror Memorial, a unique blend of art and science, and implementing innovative educational technology programs. The memorial itself is a striking sight, standing 42.5 feet high and 50 feet wide, constructed from mirror-finished granite and illuminated with powerful lights 24/7. The foundation employs a team of 10 individuals in its mission.


Official website here: www.amfcse.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

The Astronauts Memorial Foundation Inc has demonstrated strong performance in accountability and finance, achieving a Four-Star rating from Charity Navigator. This rating reflects a comprehensive evaluation based on the organization's fiscal transparency and responsible governance practices, with a commendable score of 92%. The foundation has a majority of independent board members and robust financial oversight, which is essential for maintaining donor trust.

Strengths of the foundation include a solid program expense ratio of 82.29%, indicating that a significant portion of its resources is allocated directly to its programs. The organization also scored full marks in several categories, such as material diversion of assets, independent board size, and financial statement oversight, showcasing an effective governance structure. Additionally, the foundation has well-established policies in place regarding conflicts of interest and document retention.

However, it is worth noting that the foundation lacks a whistleblower policy, resulting in a score of zero in that area, which could be a concern for potential donors looking for comprehensive governance practices. Overall, while the Astronauts Memorial Foundation exhibits many strengths in its financial and operational transparency, addressing the missing whistleblower policy may enhance its credibility further.


This AI summary has been generated from information found on Charity Navigator.

Is Astronauts Memorial Foundation Inc legitimate?

Astronauts Memorial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Astronauts Memorial 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: $181,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $490,020

For more financial information, click here


Official website here: www.amfcse.org

What is the mission statement of Astronauts Memorial Foundation Inc?

The Astronauts Memorial Foundation Inc honors and memorializes astronauts who have sacrificed their lives for the nation and the space program. This is primarily achieved through the sponsorship of the National Space Mirror Memorial and the implementation of innovative educational technology programs. The National Space Mirror Memorial, a blend of art and science, is a fitting tribute to the astronauts being honored. It stands at 42.5 feet high and 50 feet wide, constructed of mirror-finished granite, and features 90 granite panels with the astronauts' names engraved on them. The sun's rays are projected through these names, illuminating them 24 hours a day, 365 days a year. The foundation also focuses on educational technology programs to promote learning about space and astronauts.


Official website here: www.amfcse.org

Who is the CEO of Astronauts Memorial Foundation Inc?

Thad Altman is the Exec Directo of Astronauts Memorial Foundation Inc.


Official website here: www.amfcse.org

What is the revenue of Astronauts Memorial Foundation Inc?

Astronauts Memorial Foundation Inc's revenue in 2023 was $1,291,283.


Official website here: www.amfcse.org

Who are the executives of Astronauts Memorial Foundation Inc and what are their salaries?

The average compensation at Astronauts Memorial Foundation Inc during 2023 was $67,152. There are 10 employees and 28 volunteers at Astronauts Memorial Foundation Inc.


Here are 16 key members and their salaries:


Thad Altman (Exec Directo)
  • Compensation: $181,500
  • Related: $0
  • Other: $0
Kathie Scobee Fulgham (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taber Maccallum (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Mayer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Olson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Chaffee (Immediate Pa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Andre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Baer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy P Bray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Gattle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Kinney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Bassett Stevenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Husband Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.amfcse.org

Where can I find the form 990 for Astronauts Memorial Foundation Inc?

Astronauts Memorial Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.amfcse.org

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

Mission Statement of Astronauts Memorial Foundation Inc

The Astronauts Memorial Foundation Inc honors and pays tribute to astronauts who have made the ultimate sacrifice for their country and the space program. The organization achieves this mission through two primary avenues: sponsoring the National Space Mirror Memorial and implementing innovative educational technology programs.

The National Space Mirror Memorial, a unique blend of art and science, serves as a fitting tribute to the astronauts being honored. This memorial, located at Kennedy Space Center, stands at 42.5 feet high and 50 feet wide, constructed of mirror-finished granite. The structure consists of 90 granite panels, each 80.5 feet by 5 feet, and 10 half-sized panels. Each full panel is two inches thick and weighs 500 pounds. The sun's rays are projected through the names of the astronauts, which are engraved through the granite. The latter spaces are filled with crystal clear acrylic, minutely jagged on the front side to diffuse the light. Powerful lights illuminate the astronauts' names 24 hours a day, 365 days a year, creating a poignant and enduring memorial.

Beyond the memorial, the Astronauts Memorial Foundation Inc also focuses on education, implementing innovative technological programs. This aspect of their mission aims to inspire and educate future generations about the importance of space exploration and the sacrifices made by these brave astronauts. By combining the solemn tribute of the National Space Mirror Memorial with forward-thinking educational initiatives, the Astronauts Memorial Foundation Inc ensures that the legacy of these astronauts lives on, inspiring future space pioneers.

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Impact




July, 2024

The Astronauts Memorial Foundation Inc's impact lies in honoring and memorializing astronauts who have made the ultimate sacrifice for the nation and space program. Through their sponsorship of the National Space Mirror Memorial and innovative educational technology programs, they ensure that the legacies of these courageous individuals are remembered and respected. The Foundation's upkeep and maintenance of the permanent astronaut memorial at Kennedy Space Center, featuring a unique blend of art and science, serves as a fitting tribute to the astronauts being honored. The Space Mirror Memorial, with its impressive dimensions and design, stands as a powerful symbol of remembrance and respect for those who have ventured into the unknown for the betterment of humanity.




This information is meant to be a general summary of Astronauts Memorial 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
$1,291,283 (2023)
Expenses
$2,093,084 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $34,853
  • Program Service Revenue: $6,181
  • Gross Receipts: $1,291,283

Assets and Liabilities:

  • Total Assets: $12,051,546
  • Total Liabilities: $154,266
  • Net Assets: $11,897,280

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TRAINING FEES

Revenue

$6,181

Organization Details

Founding Year

1986

Principal Officer

Thad Altman

Main Address

STATE ROAD 405 M6-306, KENNEDY SPACE CENTER, FL, 32899

NTEE Category

Code: A800 - Arts

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