Space Generation Advisory Council FY2020 filing

Tax-deductible

Denver, CO501(c)(3)EducationEIN 45-0473253Revenue $215K in FY2020

On file with the IRSspacegeneration.org4315 Bryant St, 80211-1739 · Denver, COTax-exempt since Jun 2004Publicly supported charity — 170(b)(1)(A)(vi)

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To employ the creativity and vigor of youth in advancing humanity through the peaceful uses of outer Space.

501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $187K a year · 31% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
23 mo
of spending, in cash
Looks good: 23.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $57K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$23
<0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$215K
Spent
$187K
To programs
53%
Net assets
$423K
By yearFY2020–FY2024
Revenue
$215K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$215K
FY2021$1.4M
FY2022$655K
FY2023$368K
FY2024$452K
Expenses
$187K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$187K
FY2021$381K
FY2022$762K
FY2023$337K
FY2024$454K
Net assets
$423K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$423K
FY2021$1.4M
FY2022$1.4M
FY2023$1.2M
FY2024$1.5M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $99K Management & general 40% · $74K Fundraising 8% · $15K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Co-Chair April-Dec 2020
$0Pt VII · Sec A
Regional Coordinator
$0Pt VII · Sec A
Regional Coordinator
$0Pt VII · Sec A
Regional Coordinator
$0Pt VII · Sec A
Regional Coordinator
$0Pt VII · Sec A
Regional Coordinator
$0Pt VII · Sec A
Regional Coordinator
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowering youth to advance humanity through peaceful space exploration and innovation.

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Provided by the organization

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3 programs · $18K · in their own filed words · FY2020
01

Spacegen united (sgu). This was sgac's very first online congress. It substituted, in 2020, the space generation congress, the organization's annual meeting. It gathered more than 150 participants, experts from across the space industry as well as sgac alumni, all during the course of a week.

$7Kprogram expense
02

SGX. In partnership with future space leaders foundation (FSLF) and satellite 2020, sgac hosted its sixth SGX on march 9TH, 2020. SGX is a technology-focused event that brings together young professionals, industry experts, and government leaders to discuss pressing issues and innovative ideas in an exciting way.

$7Kprogram expense
03

Spacegen summit (SGS). The second main sgac event is the space generation fusion forum (SGFF), the new us based space conference highlighting international thinking geared towards university students and young professionals. It is held in conjunction with the national space symposium.

$3Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 3 funders$57K
See all 3 funders →
Grants paid · 2 grants · $17K · 2023–2024
Unitemized GrantFY2024$9,322
Unitemized GrantFY2023$7,237

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$215K
Ln 12
Gifts and grantsLn 1h$200K
Fees for servicesLn 2g$15K
Investment incomeLn 3$131
Money outPt IX
$187K
Ln 25
Programscol B$99K
Managementcol C$74K
Fundraisingcol D$15K
Owns and owesPt X
$423K
net assets · Ln 32
Cash and savingsLn 1–2$365K
Total assetsLn 16$423K
LiabilitiesLn 26$23
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$200K
Government grantsLn 1e$53K
Fees for servicesLn 2g$15K
Investment incomeLn 3$131
Total revenueLn 12$215K
Assets in detailPt X, end of year
CashLn 1$115K
SavingsLn 2$250K
Cash and savings togetherLn 1–2$365K
Total assetsLn 16$423K
LiabilitiesLn 26$23
Net assetsLn 32$423K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66,000
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$310K$365K
Total assetsLn 16$399K$423K
LiabilitiesLn 26$5K$23
Net assetsLn 32$394K$423K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$9K$9K
Pay of current officers, directors and key staffLn 5$50K$20K$20K$10K
Other salaries and wagesLn 7$28K$11K$14K$3K
Legal feesLn 11b$15K$15K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$2K$2K
Office expensesLn 13$902$902
OccupancyLn 16$9K$4K$4K$2K
TravelLn 17$4K$4K
Conferences, conventions and meetingsLn 19$55K$55K
Other expenses (24a–d)Ln 24$9K$9K
All other expensesLn 24e$230$230
Total functional expensesLn 25$187K$99K$74K$15K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $452K$454K−$2K$1.5M 990 PDF
FY2023 $368K$337K$31K$1.2M 990 PDF
FY2022 $655K$762K−$107K$1.4M 990 PDF
FY2021 $1.4M$381K$984K$1.4M 990 PDF
FY2020 Viewing $215K$187K$27K$423K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $214,826 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $421,314$199,611
I-9 Program service revenuePrior year $62,804$15,084
I-10 Investment incomePrior year $184$131
I-11 Other revenuePrior year $71$0
I-12 Total revenuePrior year $484,373$214,826
I-13 Grants and similar amounts paidPrior year $53,827$9,063
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $51,707$77,710
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $344,085$100,619
I-18 Total expensesPrior year $449,619$187,392
I-19 Revenue less expensesPrior year $34,754$27,434
Part VI · Governance 14 of 14 board members independent, 2 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $214,826 across 6 lines filed
VIII-1e Government grants$52,729
VIII-1f All other contributions, gifts and grants$146,882
VIII-1h Total contributions, gifts and grants$199,611
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $15,084$15,084
VIII-3 Investment incomeExcluded from tax $131$131
VIII-12 Total revenueRelated to mission $15,084 · Unrelated business $0 · Excluded from tax $131$214,826
Part IX · Statement of functional expenses $187,392 across 12 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $9,063$9,063
IX-5 Pay of current officers, directors and key staffPrograms $20,015 · Management $20,015 · Fundraising $10,007$50,037
IX-7 Other salaries and wagesPrograms $11,069 · Management $13,729 · Fundraising $2,875$27,673
IX-11b Legal feesManagement $14,668$14,668
IX-11c Accounting feesManagement $7,271$7,271
IX-11g Other fees for servicesManagement $1,762$1,762
IX-13 Office expensesManagement $902$902
IX-16 OccupancyPrograms $3,503 · Management $3,503 · Fundraising $1,751$8,757
IX-17 TravelManagement $3,653$3,653
IX-19 Conferences, conventions and meetingsPrograms $54,852$54,852
IX-24 Other expenses (24a–d)Management $8,524$8,524
IX-24e All other expensesManagement $230$230
IX-25 Total functional expensesPrograms $98,502 · Management $74,257 · Fundraising $14,633$187,392
Part X · Balance sheet $423,043 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $94,905$115,159
X-2 Savings and temporary cash investmentsStart of year $215,162$250,131
X-4 Accounts receivableStart of year $88,778$57,753
X-16 Total assetsStart of year $398,845$423,043
X-17 Accounts payable and accrued expensesStart of year $4,683$23
X-26 Total liabilitiesStart of year $4,683$23
X-32 Total net assets or fund balancesStart of year $394,162$423,020
X-33 Total liabilities and net assetsStart of year $398,845$423,043
Part XI · Reconciliation of net assets $423,020 net assets at year end
XI-1 Total revenue$214,826
XI-2 Total expenses$187,392
XI-3 Revenue less expenses$27,434
XI-4 Net assets at start of year$394,162
XI-9 Other changes in net assets$1,424
XI-10 Net assets at end of year$423,020

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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