NATIONAL SPACE CLUB - HUNTSVILLE

EIN: 581975897 501(c)(3) Science & Technology

HUNTSVILLE, AL

Total Revenue
$527,231
Total Expenses
$588,646
Total Assets
$239,253
Net Assets
$239,253
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
AL
Principal Officer
SHANNON LASSETER
Phone
2562306106
Tax Period
2025-01-01 to 2025-12-31

NATIONAL SPACE CLUB - HUNTSVILLE, founded in 1957, is a small nonprofit in the Science & Technology sector that reported $527K in total revenue in fiscal year 2025. Expenses of $589K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO STIMULATE THE EXCHANGE OF IDEAS AND INFORMATION ABOUT ROCKETRY AND ASRONAUTICS AND TO PROMOTE RECOGNITION OF U.S. ACHIEVEMENTS IN SPACE.

Program Service Accomplishments

Program 1
Expenses: $53,505 Revenue: $0

ANNUAL SCHOLARSHIPS AWARDED TO PROMOTE CAREERS IN THE AEROSPACE INDUSTRY.

Program 2
Expenses: $187,231 Revenue: $0

TO PROMOTE ELEMENTARY AND SECONDARY EDUCATION IN THE NORTH ALABAMA AREA.

Program 3
Expenses: $340,912 Revenue: $591,450

PROMOTE ADVANCEMENT IN AEROSPACE

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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 $33,029
Program Service Revenue $491,450
Investment Income $2,488
Other Revenue $264
TOTAL REVENUE $527,231

Expense Breakdown

Grants Paid $240,736
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $581,648
Other Expenses $347,910
TOTAL EXPENSES $588,646

Year-over-Year Comparison

2025 2024 Change
Revenue $527,231 $535,236 0.0%
Expenses $588,646 $558,032 +0.1%
Net Income $-61,415 $-22,796 +1.7%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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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
27
Independent Members
27
Employees
N/A
Volunteers
30

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
10
$27,600
Total Directors
28
$27,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE CASH CHAIR 5.00
Officer Director
$0 $0 $0
EDWARD FAULKNER TREASURER 5.00
Officer Director
$0 $0 $0
MAGGIE LEE POWELL NSC ADMINISTRATOR 10.00
Officer Director
$27,600 $0 $27,600
DAN SCHUMACHER VICE CHAIR - MEMBERSHIP 5.00
Officer Director
$0 $0 $0
JERRY COOK VBMD CHAIR 5.00
Officer Director
$0 $0 $0
TERRY ABLE CO CHAIR - EDUCATION 5.00
Officer Director
$0 $0 $0
ANDY JOHNSTON CO CHAIR - EDUCATION 10.00
Officer Director
$0 $0 $0
JODY SINGER CO CHAIR - PROGRAMS 5.00
Officer Director
$0 $0 $0
MARY OCCHIPINTI VICE CHAIR - MARKETING 5.00
Officer Director
$0 $0 $0
REGGIE SPIVEY CO CHAIR PROGRAMS 0.00
Officer Director
$0 $0 $0
ANDY GIAMETTA DIRECTOR 0.00
Director
$0 $0 $0
CHARLES SCALES DIRECTOR 0.00
Director
$0 $0 $0
BOBBY WATKINS DIRECTOR 0.00
Director
$0 $0 $0
ALAN VILLANUEVA DIRECTOR 0.00
Director
$0 $0 $0
DARIN LINDON DIRECTOR 0.00
Director
$0 $0 $0
DAN MERENDA DIRECTOR 0.00
Director
$0 $0 $0
CHRIS CRUMBLY DIRECTOR 0.00
Director
$0 $0 $0
DEBBIE BATSON DIRECTOR 0.00
Director
$0 $0 $0
JIM JENNINGS DIRECTOR 0.00
Director
$0 $0 $0
CHRYSTAL MORGAN DIRECTOR 0.00
Director
$0 $0 $0
ELLIS BRAZEAL DIRECTOR 0.00
Director
$0 $0 $0
DONNA COLEMAN DIRECTOR 0.00
Director
$0 $0 $0
JILL ESKEW DIRECTOR 0.00
Director
$0 $0 $0
ROBBIE HARRIS DIRECTOR 0.00
Director
$0 $0 $0
SAMI HABCHI DIRECTOR 0.00
Director
$0 $0 $0
STEVE HANNA DIRECTOR 0.00
Director
$0 $0 $0
TOM KOSHUT DIRECTOR 0.00
Director
$0 $0 $0
JULIE SAVAGE DIRECTOR 0.00
Director
$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
2025 $527,231 $588,646 $239,253 $-61,415
2024 $535,236 $558,032 $300,668 $-22,796
2023 $525,816 $502,880 $323,464 $22,936
2022 $486,813 $440,266 $300,528 $46,547
2021 $323,397 $469,129 $253,980 $-145,732
2020 $287,025 $179,569 $399,711 $107,456
2019 $373,218 $316,039 $292,255 $57,179
2018 $364,202 $450,159 $235,076 $-85,957
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