Exotic Propulsion Organization

Nonprofit profile at a glance

EIN
823063597
IRS 990-EZ coverage
2021–2023
Forms available
Form 990-EZ 2023
Location
Madison, AL, USA
Phone
2566947941
Rating confidence
Limited
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$0
Expenses
$6,083
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Glen A Robertson (President)
  • James Jeffrey Richeson (1st Vice President)
  • Melissa A Lawson (2nd Vice President)

People named in this filing

  • Glen A Robertson (President)
  • James Jeffrey Richeson (1st Vice President)
  • Melissa A Lawson (2nd Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary purpose for which this organization has been organized is to expedite the study and research of exotic propulsion theories, concepts and devices toward humanities use in space exploration by seeking funds to: 1. Engage in and support research within its facilities, such maybe in cooperation with industries, governments and the public worldwide, 2. Support research and related educational activities at selected colleges, universities and other scientific institutions worldwide. 3. Educate and inform the public of the possibilities of exotic propulsion systems for human exploration of space. 4. Serve as an extensive library of materials and data catalogs related to the public knowledge of exotic propulsion theories, concepts, devices, and development resources. 5. Sponsor public lectures, educational, technical and scientific conferences and the publication of technical and popular articles, books and other public media.

What it reported doing in 2023

Conducted inhouse research on several exotic propulsion and related concepts.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: -64.3% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -89.7% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2021 to 2023
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.