philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Argonaut FY2024 filing

Tax-deductible

Cleveland, OH501(c)(3)Since 2010Public Safety & Disaster EIN 45-0833007Revenue $1.6M in FY2024

On file with the IRSargonaut.org2332 Prospect Ave E, 44115-2603 · Cleveland, OHTax-exempt since Feb 2012Publicly supported — 509(a)(2)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Argonaut provides educational support and professional training services in the fields of aerospace and maritime. Our primary focus is our davis aerospace and maritime high school. Argonaut leverages our position a professional resource in the aerospace and maritime sectors to support and promote our students as they progress on their journey.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$221K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · 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
0 of 4
filings with a surplus
Average deficit $105K a year · 12% of revenue · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$221K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $103K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$617K
117% of total assets
Concern: liabilities are 117% of assets; over 80%.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
+291% vs prior year
Spent
$1.6M
To programs
86%
Net assets
−$88K
By yearFY2020–FY2024
Revenue
$1.6M
FY2024▲ +291%
Tap a bar for its year
Revenue by fiscal year
FY2020$497K
FY2021$816K
FY2022$418K
FY2024$1.6M
FY2024$1.2M
Expenses
$1.6M
FY2024▲ +166%
Tap a bar for its year
Expenses by fiscal year
FY2020$653K
FY2021$880K
FY2022$614K
FY2024$1.6M
FY2024$1.5M
Net assets
−$88K
FY2024▼ -37%
Tap a bar for its year
Net assets by fiscal year
FY2020$196K
FY2021$132K
FY2022−$64K
FY2024−$88K
FY2024−$247K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 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 Feb 2012.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $1.4M Management & general 7% · $121K Fundraising 6% · $100K

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

Something off? Claim to add context

Who runs it and what they're paid

18 people listed on the 990; $221K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$121,966Pt VII · Sec A
$99,367Pt VII · Sec A
Ron Cordaro
Treasurer
$0Pt VII · Sec A
Steve Peplin
Co-Correspondent
$0Pt VII · Sec A
Roslyn Adams
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Wayne Denny
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Annemarie Grassi Amefia’s $239K as Former COO is at the 93rd percentile of top reported officer pay among 433 $1–10M public safety & disaster nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2024FY2021FY2020
Annemarie Grassi Amefia$239,288$121,966——
David Ferguson$109,000$99,367——
David a Ferguson——$82,500$90,000
Vicki Koziol———$17,007

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Argonaut executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aYes

Programs and updates

Provides unique learning and training for students and adults to improve education and public services.

Questions for Argonaut

Tap to ask. Argonaut sees how many people are interested.

Your first name shows with your question. Argonaut answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $1.4M · in their own filed words · FY2023
01

Argonaut continues to expand and improve our programming at our davis aerospace and maritime high school. Students and staff continue to receive significant support from argonaut team in the development and execution of academic and career technical programs.

$1.4Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Deaconess Foundation Fka DeaconessFY2024$50K
The Abington FoundationFY2024$15K
Thomas H White No 1 TrFY2024$15K
The Reinberger FoundationFY2024$12K
Robert H Reakirt Fdn Equities 532h-70700010276043FY2024$10K
The Hermes FoundationFY2024$250
Total grants receivedfrom 6 funders$103K
See all 6 funders →

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.6M
Ln 12
Gifts and grantsLn 1h$1.4M
Fees for servicesLn 2g$201K
Other incomeLn 4–11$8K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.4M
Managementcol C$121K
Fundraisingcol D$100K
Owns and owesPt X
−$88K
net assets · Ln 32
Cash and savingsLn 1–2$116K
Total assetsLn 16$529K
LiabilitiesLn 26$617K
PeoplePt VI, VII
18
listed · VII A
PaidVII A2
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Government grantsLn 1e$657K
Fundraising eventsLn 1c$51K
Fees for servicesLn 2g$201K
Investment incomeLn 3$1K
Other incomeLn 4–11$8K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$21K
SavingsLn 2$95K
Cash and savings togetherLn 1–2$116K
Land, buildings, equipmentLn 10c$20K
Other assetsLn 15$256K
Total assetsLn 16$529K
LiabilitiesLn 26$617K
Net assetsLn 32−$88K
OperationsPt I, VI
EmployeesI 528
VolunteersI 612
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$164K$116K
Land, buildings, equipmentLn 10c$52K$20K
Total assetsLn 16$611K$529K
LiabilitiesLn 26$698K$617K
Net assetsLn 32−$87K−$88K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$237K$207K$13K$17K
Other salaries and wagesLn 7$596K$520K$33K$42K
Other employee benefitsLn 9$75K$66K$4K$5K
Payroll taxesLn 10$72K$63K$4K$5K
Advertising and promotionLn 12$7K$6K$669
Office expensesLn 13$8K$7K$229$153
OccupancyLn 16$119K$114K$3K$2K
TravelLn 17$25K$22K$3K$757
Conferences, conventions and meetingsLn 19$212$212
InterestLn 20$7K$7K
Depreciation, depletion and amortizationLn 22$37K$37K
InsuranceLn 23$56K$47K$9K
Other expenses (24a–d)Ln 24$314K$257K$30K$27K
All other expensesLn 24e$80K$58K$22K
Total functional expensesLn 25$1.6M$1.4M$121K$100K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $1.6M$1.6M−$2K−$88K 990 PDF
FY2023 Not on file
FY2022 $418K$614K−$196K−$64K 990 PDF
FY2021 $816K$880K−$65K$132K 990 PDF
FY2020 $497K$653K−$157K$196K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,632,511 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,399,796$1,421,846
I-9 Program service revenuePrior year $0$200,947
I-10 Investment incomePrior year $407$1,494
I-11 Other revenuePrior year $36,383$8,224
I-12 Total revenuePrior year $1,436,586$1,632,511
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $811,710$980,711
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $647,127$653,411
I-18 Total expensesPrior year $1,458,837$1,634,122
I-19 Revenue less expensesPrior year −$22,251−$1,611
Part VI · Governance 15 of 15 board members independent, 2 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,632,511 across 10 lines filed
VIII-1b Membership dues$8,150
VIII-1c Fundraising events$51,258
VIII-1e Government grants$656,827
VIII-1f All other contributions, gifts and grants$705,611
VIII-1h Total contributions, gifts and grants$1,421,846
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $200,947$200,947
VIII-3 Investment incomeExcluded from tax $1,494$1,494
VIII-6 Net rental income or lossRelated to mission $7,096$7,096
VIII-8 Net income from fundraising eventsExcluded from tax $1,128$1,128
VIII-12 Total revenueRelated to mission $208,043 · Unrelated business $0 · Excluded from tax $2,622$1,632,511
Part IX · Statement of functional expenses $1,634,122 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $207,149 · Management $13,288 · Fundraising $16,847$237,284
IX-7 Other salaries and wagesPrograms $520,319 · Management $33,376 · Fundraising $42,318$596,013
IX-9 Other employee benefitsPrograms $65,800 · Management $4,221 · Fundraising $5,351$75,372
IX-10 Payroll taxesPrograms $62,833 · Management $4,034 · Fundraising $5,175$72,042
IX-12 Advertising and promotionPrograms $6,021 · Fundraising $669$6,690
IX-13 Office expensesPrograms $7,257 · Management $229 · Fundraising $153$7,639
IX-16 OccupancyPrograms $114,426 · Management $2,919 · Fundraising $2,131$119,476
IX-17 TravelPrograms $22,121 · Management $2,545 · Fundraising $757$25,423
IX-19 Conferences, conventions and meetingsManagement $212$212
IX-20 InterestPrograms $7,128$7,128
IX-22 Depreciation, depletion and amortizationPrograms $36,921$36,921
IX-23 InsurancePrograms $47,435 · Management $8,513$55,948
IX-24 Other expenses (24a–d)Programs $257,038 · Management $30,143 · Fundraising $27,000$314,181
IX-24e All other expensesPrograms $57,842 · Management $21,951$79,793
IX-25 Total functional expensesPrograms $1,412,290 · Management $121,431 · Fundraising $100,401$1,634,122
Part X · Balance sheet $528,652 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $112,707$20,542
X-2 Savings and temporary cash investmentsStart of year $51,260$95,139
X-4 Accounts receivableStart of year $50,091$89,588
X-9 Prepaid expenses and deferred chargesStart of year $16,527$47,567
X-10c Land, buildings and equipment, netStart of year $51,894$19,828
X-15 Other assetsStart of year $328,949$255,988
X-16 Total assetsStart of year $611,428$528,652
X-17 Accounts payable and accrued expensesStart of year $104,827$111,505
X-25 Other liabilitiesStart of year $330,607$249,496
X-26 Total liabilitiesStart of year $698,080$616,915
X-27 Net assets without donor restrictionsStart of year −$277,972−$88,263
X-28 Net assets with donor restrictionsStart of year $191,320$0
X-32 Total net assets or fund balancesStart of year −$86,652−$88,263
X-33 Total liabilities and net assetsStart of year $611,428$528,652
Part XI · Reconciliation of net assets −$88,263 net assets at year end
XI-1 Total revenue$1,632,511
XI-2 Total expenses$1,634,122
XI-3 Revenue less expenses−$1,611
XI-4 Net assets at start of year−$86,652
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$88,263

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.