Future Space Leaders Foundation

Nonprofit profile at a glance

EIN
900854973
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Washington, DC, USA
Phone
2026398845
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Astronomy

Official website

Reported finances

Revenue
$58,618
Expenses
$82,637
Assets
$109,693
Liabilities
$11,529

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Yasmine Almond (EXECUTIVE DIRECTOR)

People named in this filing

  • Eric Stallmer (Director)
  • Aaron Lewis (Director)
  • Joe Landon (Director)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To advance learning and professional enrichment of young space professionals and future leaders pursuing careers in the fields of space and satellites. To stimulate the professional growth and enhancement of future space professionals and to foster cooperation and interaction among current leaders in the space field with graduate students and young professionals seeking to pursue careers in the fields of space and satellites. To assist graduate students and young professionals in attending space and satellite industry conferences and events through grants covering legitimate travel and registration related expenses.

What it reported doing in 2024

Grant Program - The organization provides annual grants of up to $4,000 per student to assist with travel expenses for nine graduate students pursuing careers in space and satellite-related fields to participate in the International Astronautical Congress (IAC).

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 100
  • Sustainability: 32
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.7%; rating input score 69
  • Program expense ratio: 48.7%; rating input score 49

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -41%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 1.33; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 3.2% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: -1% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: 13.2% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 68.7% of revenue deployed · 48.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $40K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 49/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.