National Association Of Rocketry
National Association Of Rocketry shows consistent revenue growth but experienced a deficit in its latest fiscal year.
EIN: 136165575 · Marshall, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $803K |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| Net Assets | $221K |
| Transparency Score | 85/100 |
Is National Association Of Rocketry Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Association Of Rocketry directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Association Of Rocketry
National Association Of Rocketry (EIN: 136165575) is a nonprofit organization based in Marshall, VA. The organization reported total revenue of $803K and total assets of $279K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Rocketry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Rocketry is a small nonprofit that has been operating for 52 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-60,992 |
| Total Assets | $293K |
| Total Liabilities | $73K |
| Net Assets | $221K |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 24.8% |
| Months of Reserves | 3.1 months |
Financial Health Grade: B
In 2023, National Association Of Rocketry reported a deficit of $61K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 24.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), National Association Of Rocketry's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.1% | +51.0% | -13.6% |
| 2022 | +21.4% | +23.8% | +3.4% |
| 2021 | +24.1% | -2.4% | +19.4% |
| 2020 | -8.1% | -4.6% | -28.5% |
| 2019 | -15.7% | +4.8% | -18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2800 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates National Association Of Rocketry with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, National Association Of Rocketry allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of National Association Of Rocketry's IRS 990 filings:
- Expenses exceeded revenue in the latest fiscal year (2023), resulting in a deficit of $60,992.
Strengths
The following positive indicators were identified for National Association Of Rocketry:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds.
- General trend of increasing revenue over the past decade, demonstrating growing support.
- Positive net assets, indicating a healthy balance sheet and financial resilience.
- Low liabilities relative to assets, suggesting good financial management.
Frequently Asked Questions about National Association Of Rocketry
Is National Association Of Rocketry a legitimate charity?
National Association Of Rocketry (EIN: 136165575) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $803K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does National Association Of Rocketry spend its money?
National Association Of Rocketry directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to National Association Of Rocketry tax-deductible?
National Association Of Rocketry is registered as a tax-exempt nonprofit (EIN: 136165575). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Association Of Rocketry's spending goes to programs?
National Association Of Rocketry directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is National Association Of Rocketry located?
National Association Of Rocketry is headquartered in Marshall, Virginia and files with the IRS under EIN 136165575.
How many years of IRS 990 filings does National Association Of Rocketry have?
National Association Of Rocketry has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $803K in total revenue.
Is the National Association Of Rocketry financially stable?
The organization has generally been financially stable, with revenues exceeding expenses in most years. However, the latest filing (2023) shows expenses ($1,132,913) exceeding revenue ($1,071,921), which should be monitored.
How does the National Association Of Rocketry manage executive compensation?
The National Association Of Rocketry reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or very low administrative overhead for executive roles.
What is the trend in the organization's revenue and expenses?
Revenue has shown a general upward trend over the past decade, from $414,755 in 2014 to $1,071,921 in 2023. Expenses have also increased, with a notable jump in 2023 where they exceeded revenue.
Are the organization's assets growing?
Assets have fluctuated over the years, peaking at $470,862 in 2018 and currently standing at $293,320 in 2023. While not consistently growing, they remain positive and substantial relative to liabilities.
Filing History
IRS 990 filing history for National Association Of Rocketry showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), National Association Of Rocketry's revenue has grown by 156.2%, moving from $418K to $1.1M. Total assets decreased by 23.4% over the same period, from $383K to $293K. Total functional expenses rose by 260.5%, from $314K to $1.1M. In its most recent filing year (2023), National Association Of Rocketry reported a deficit of $61K, with expenses exceeding revenue. The organization holds $73K in liabilities against $293K in assets (debt-to-asset ratio: 24.8%), resulting in net assets of $221K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $293K | $73K | — | — |
| 2022 | $776K | $750K | $340K | $58K | — | View 990 |
| 2021 | $639K | $606K | $329K | $72K | — | View 990 |
| 2020 | $515K | $621K | $275K | $52K | — | View 990 |
| 2019 | $560K | $652K | $385K | $55K | — | View 990 |
| 2018 | $665K | $622K | $471K | $50K | — | View 990 |
| 2017 | $526K | $492K | $429K | $51K | — | — |
| 2016 | $456K | $497K | $419K | $76K | — | View 990 |
| 2015 | $450K | $477K | $446K | $62K | — | View 990 |
| 2014 | $415K | $380K | $447K | $37K | — | View 990 |
| 2013 | $401K | $366K | $445K | $68K | — | View 990 |
| 2012 | $421K | $435K | $394K | $53K | — | View 990 |
| 2011 | $379K | $342K | $420K | $64K | — | View 990 |
| 2010 | $418K | $314K | $383K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $293K (revenue +38.1% year-over-year).
- 2022: Revenue of $776K, expenses of $750K, and assets of $340K (revenue +21.4% year-over-year).
- 2021: Revenue of $639K, expenses of $606K, and assets of $329K (revenue +24.1% year-over-year).
- 2020: Revenue of $515K, expenses of $621K, and assets of $275K (revenue -8.1% year-over-year).
- 2019: Revenue of $560K, expenses of $652K, and assets of $385K (revenue -15.7% year-over-year).
- 2018: Revenue of $665K, expenses of $622K, and assets of $471K (revenue +26.3% year-over-year).
- 2017: Revenue of $526K, expenses of $492K, and assets of $429K (revenue +15.4% year-over-year).
- 2016: Revenue of $456K, expenses of $497K, and assets of $419K (revenue +1.4% year-over-year).
- 2015: Revenue of $450K, expenses of $477K, and assets of $446K (revenue +8.5% year-over-year).
- 2014: Revenue of $415K, expenses of $380K, and assets of $447K (revenue +3.3% year-over-year).
- 2013: Revenue of $401K, expenses of $366K, and assets of $445K (revenue -4.6% year-over-year).
- 2012: Revenue of $421K, expenses of $435K, and assets of $394K (revenue +11.1% year-over-year).
- 2011: Revenue of $379K, expenses of $342K, and assets of $420K (revenue -9.5% year-over-year).
- 2010: Revenue of $418K, expenses of $314K, and assets of $383K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of Rocketry:
Data Sources and Methodology
This transparency report for National Association Of Rocketry is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.