FRIENDS OF AMATEUR ROCKETRY INC

EIN: 061691743 501(c)(3) Education

LONG BEACH, CA

Total Revenue
$468,769
Total Expenses
$371,033
Total Assets
$1,044,259
Net Assets
$1,044,259
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CA
Principal Officer
Mark Holthaus
Phone
7143174478
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF AMATEUR ROCKETRY INC, founded in 2003, is a small nonprofit in the Education sector that reported $469K in total revenue in fiscal year 2025. Revenue surged 126% from the prior year, signaling strong growth momentum. The organization ran a surplus of $98K, a strong 21% operating margin.

Mission

Our mission is to educate the public in science technology engineering and mathematics STEM through the use of amateur rocketry; and to foster rocket technology by supporting individuals hobbyists student groups businesses and other likeminded nonprofit entities.

Program Service Accomplishments

Program 1
Expenses: $326,253 Revenue: $327,024

Supplied area where students and small businesses can legally test fire and launch rockets.

Program 2
Expenses: $44,780 Revenue: $39,302

Launch contests for university and college students benefitting 300 students.

Program 3
Expenses: $0 Revenue: $1,240

Rocket launch and safety procedures symposium benefitting 400 students.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $100,885
Program Service Revenue $367,566
Investment Income $318
Other Revenue $0
TOTAL REVENUE $468,769

Expense Breakdown

Grants Paid $13,907
Salaries & Benefits $111,422
Fundraising Expenses $0
Program Expenses $371,033
Other Expenses $245,704
TOTAL EXPENSES $371,033

Year-over-Year Comparison

2025 2024 Change
Revenue $468,769 $207,182 +1.3%
Expenses $371,033 $138,283 +1.7%
Net Income $97,736 $68,899 +0.4%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
8

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
4
$72,380
Total Directors
4
$72,380
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Newman President 40.00
Officer Director
$39,280 $0 $39,280
Theodor Rothaupt Secretary 4.00
Officer Director
$0 $0 $0
Mark Holthaus Treasurer 20.00
Officer Director
$0 $0 $0
Eric Beckner Vice President 16.00
Officer Director
$33,100 $0 $33,100
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 $468,769 $371,033 $1,044,259 $97,736
2024 $207,182 $138,283 $903,547 $68,899
2023 $485,160 $119,709 $791,624 $365,451
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