Maine Space Grant Consortium

EIN: 010532411 501(c)(3) Science & Technology

Augusta, ME

Total Revenue
$1,842,879
Total Expenses
$1,840,865
Total Assets
$421,065
Net Assets
$22,115
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
ME
Principal Officer
Dr Jeremy Qualls
Phone
2076224688
Tax Period
2024-03-01 to 2025-02-28

Maine Space Grant Consortium, founded in 2000, is a community nonprofit in the Science & Technology sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

Our mission is to: improve our affiliates' research infrastructure in areas of mutual interest to NASA and the State of Maine; encourage more students to consider careers in fields of science, technology, engineering, and mathematics (STEM); (Continued on Schedule O)(Mission Statement Continued) and enhance NASA's presence throughout the State of Maine.

Program Service Accomplishments

Program 1
Expenses: $1,688,566 Revenue: $81,020

The Maine Space Grant Consortium (MSGC) is an affiliate-based 501(c)(3) corporation and a member of the National Network of Consortia in all 50 states plus Puerto Rico and the District of Columbia...

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The Maine Space Grant Consortium (MSGC) is an affiliate-based 501(c)(3) corporation and a member of the National Network of Consortia in all 50 states plus Puerto Rico and the District of Columbia. The Network is funded by NASA's National Space Grant College and Fellowship Program which was established by Congress in 1988 to contribute to the nation's science and engineering enterprise.Our affiliates are undergraduate and graduate institutions, not-for-profit research laboratories, state agencies, technology-based businesses, and science and education organizations, all of whom help further NASA's goals while benefiting Maine in many different areas of science and technology. (Program Service Accomplishments Continued) Below are our goals and objectives, and overall results.Our overarching goal is to support the expansion and diversification of Maine's space exploration research and education capacity along the K-graduate continuum by increasing statewide involvement in space research, technology development, education and training programs that align with NASA's priorities and contribute to Maine's competitive advantage in a new space economy as envisioned by the Maine Spaceport Complex.Goal #1: Expand and diversify Maine's space exploration research capacity that align with the priorities of the Mission Directorates and the Maine Spaceport Complex's Topic Areas.Objectives for Goal #1:1. Invest in innovative team-based solutions and approaches that address Mission Directorates priorities and have the potential to be foundational R&D and educational anchors for the Complex.2. Engage undergraduate and graduate students in the research teams that align both with the priorities of NASA Mission Directorates and the Complex's Topic Areas.Goal #2: Broaden exposure of undergraduate students to aerospace career pathways that align with the priorities of the Mission Directorates and the Maine Spaceport Complex's Topic Areas.Objectives for Goal #2:1. Engage undergraduate students in research experiences that align both with the priorities of NASA Mission Directorates and the Complex's Topic Areas.2. Support awards to enhance or develop curriculum/coursework focused on space exploration and space technology.3. Establish a state network of students with interest in aerospace S&T.Goal #3: Broaden exposure of K-12 students in formal and informal settings to STEM career pathways that align with the priorities of the Mission Directorates and the Maine Spaceport Complex's Topic Areas.Objectives for Goal #3:1. Train K-12 teachers on how to infuse NASA missions in classroom curriculum2. Immerse K-12 students in curricula with hands-on learning experiences based on NASA missions.Goal #4: Increase public awareness and understanding of STEM through connections to NASA.Objectives for Goal #4:1. Increase awareness of K-12 students of the achievements, benefits and opportunities in the exploration and use of space.Below are our overall consolidated target metrics with the actual results following.Target number researchers/faculty impacted or participated: 48. Results: 81Target number K-12 teachers impacted or participated: 70. Results: 717Target number Graduate students impacted or participated: 14. Results: 31Target number of Undergraduate students impacted/participated: 288. Results: 462Target number of K-12 students impacted or participated: 1,158. Results: 6,949Target number of workshops conducted: 1. Results: 2Target number of research awards made: 3. Results: 5Target number of follow-on proposals submitted: 3. Results: 17Target number of follow-on proposals awarded: 3. Results: 6Target number of NASA Collaborations: 3. Results: 5Target number of high-altitude balloon launches: 17. Results: 14Target number of CubeSat Launches: 1. Results: 2Target number of new/revised curricula or courses: 5. Results: 10Target number of student teams supported in NASA or National competitions: 2. Results: 25 directly supported and an additional 75 teams indirectly supported through state-wide eventsTarget number of travel awards supported: 4. Results: 4The Maine Space Grant Consortium (MSGC) is overseen by a Board of Directors that is representative of the knowledge and experience essential to our mission. Grant programs and activities are guided and evaluated by the Board approved Strategic and Evaluation Plans.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,759,845
Program Service Revenue $81,020
Investment Income $2,014
Other Revenue $0
TOTAL REVENUE $1,842,879

Expense Breakdown

Grants Paid $1,304,920
Salaries & Benefits $215,453
Fundraising Expenses $0
Program Expenses $1,688,566
Other Expenses $320,492
TOTAL EXPENSES $1,840,865

Year-over-Year Comparison

2024 2023 Change
Revenue $1,842,879 $2,546,352 -0.3%
Expenses $1,840,865 $2,545,194 -0.3%
Net Income $2,014 $1,158 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
2
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$202,650
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Pious Ali Director (end 4/2024) 1.00
Director
$0 $0 $0
Nikki Becker Director 1.00
Director
$0 $0 $0
Sascha Deri Director 1.00
Director
$0 $0 $0
Dr Jason Goldstein Director 1.00
Director
$0 $0 $0
Dr Giovanna Guidoboni Director 1.00
Director
$0 $0 $0
Dr Jason Judd Director 1.00
Director
$0 $0 $0
Dr Ruth Kermish-Allen Director 1.00
Director
$0 $0 $0
Dan Koloski Director 1.00
Director
$0 $0 $0
Chris Maher Director (start 12/2024) 1.00
Director
$0 $0 $0
Dr Jerome Mullin Director 1.00
Director
$0 $0 $0
Janet Sorter PhD Director 1.00
Director
$0 $0 $0
Robert Ziegelaar Director 1.00
Director
$0 $0 $0
Dr Jeremy Qualls Chair (end 12/2024) 1.00
Officer Director
$0 $0 $0
Mike Roughton Treasurer 1.00
Officer Director
$0 $0 $0
Scott Burgess Secretary 1.00
Officer Director
$0 $0 $0
Dr Terry Shehata Executive Director 22.00
Officer
$76,649 $13,448 $90,097
Jana Hall Controller/Program Coordinator 40.00
Officer
$75,000 $37,553 $112,553
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,842,879 $1,840,865 $421,065 $2,014
2024 $2,546,352 $2,545,194 $620,372 $1,158
2023 $1,823,356 $1,823,347 $623,670 $9
2022 $1,490,070 $1,490,063 $425,041 $7
2021 $1,010,110 $1,010,102 $475,433 $8
2020 $1,034,257 $1,036,662 $249,887 $-2,405
2019 $924,086 $925,605 $218,402 $-1,519
2018 $1,043,433 $1,046,113 $195,630 $-2,680
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