Center for Applied Space Technology Inc

EIN: 205506927 501(c)(3) Science & Technology

Orange Park, FL

Total Revenue
$309,714
Total Expenses
$327,819
Total Assets
$2,505
Net Assets
$-18,105
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
FL
Principal Officer
Lawrence Harvey
Phone
3212137193
Tax Period
2023-01-01 to 2023-12-31

Center for Applied Space Technology Inc, founded in 2006, is a small nonprofit in the Science & Technology sector that reported $310K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

The Organization is a contractor that works with subcontractors to assist in development of technologies used in space exploration.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $309,714
Investment Income $0
Other Revenue $0
TOTAL REVENUE $309,714

Expense Breakdown

Grants Paid $280,118
Salaries & Benefits $47,210
Fundraising Expenses $0
Program Expenses $327,328
Other Expenses $491
TOTAL EXPENSES $327,819

Year-over-Year Comparison

2023 2022 Change
Revenue $309,714 $261,772 +0.2%
Expenses $327,819 $259,047 +0.3%
Net Income $-18,105 $2,725 -7.6%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
N/A
Employees
2
Volunteers
N/A

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
2
$0
Total Directors
2
$0
Key Employees
2
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lawrence Harvey Chair 020.00
Officer Director Key Emp Highest
$0 $0 $0
Maria Peterson Vice Chair 020.00
Officer Director Key Emp Highest
$0 $0 $0
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
2023 $309,714 $327,819 $2,505 $-18,105
2022 $261,772 $259,047 $5,226 $2,725
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