Northeast Academy For Aerospace & Advanced Technologies is a 501(c)(3) organization based in Elizabeth Cty, North Carolina, registered in 2015, with $9,711,636 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$9.7M
▲ 3.2% vs prior year
Education median: $200K
Expenses (FY2024)
$9.9M
Net assets
$1.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Northeast Academy For Aerospace & Advanced Technologies— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Northeast Academy For Aerospace & Advanced Technologies: 1 mo reserves · -2% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Northeast Academy For Aerospace & Advanced Technologies— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Northeast Academy For Aerospace & Advanced Technologies: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.1M (FY2015) to $9.7M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-1.6%
Spent more than it raised in the latest fiscal year.
Total assets
$21.3M
Total liabilities
$20.2M
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,711,636▲3.2% | $9,868,275▲2.7% | $1,044,342▼13.0% | $21,260,722▲20.9% | 990 |
| 2023 | $9,409,696▲4.2% | $9,605,338▲8.9% | $1,200,981▼14.0% | $17,592,574▲1.6% | 990 |
| 2022 | $9,027,075▲13.3% | $8,816,943▲10.1% | $1,396,623▲2181% | $17,324,042▲14.4% | 990 |
| 2021 | $7,966,695▼3.2% | $8,008,540▲13.8% | $61,216▼40.6% | $15,141,635▲3.2% | 990 |
| 2020 | $8,234,299▲39.8% | $7,036,239▲23.2% | $103,061▲109% | $14,668,178▲26.2% | 990 |
| 2019 | $5,892,063▲42.5% | $5,711,548▲34.0% | -$1,195,717▲13.1% | $11,619,893▲159% | 990 |
| 2018 | $4,136,185▲27.1% | $4,262,207▲21.8% | -$1,376,232▼10.1% | $4,485,239▲32.4% | 990 |
| 2017 | $3,253,895▲39.1% | $3,500,453▲58.9% | -$1,250,210▼513% | $3,387,414▲200% | 990 |
| 2016 | $2,338,949▲108% | $2,202,601▲116% | $303,023▲81.8% | $1,130,233▲75.0% | 990 |
| 2015 | $1,123,945 | $1,019,646 | $166,674 | $645,774 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
8 grants to Northeast Academy For Aerospace & Advanced Technologies totaling $1.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cambiar Education | Thrive grant recipient | 2024 | $62,500 |
| Cambiar Education | Thrive grant recipient | 2023 | $62,500 |
| The Golden L E A F Long-term Economic Advancement Foundation In | See part iv | 2022 | $500,000 |
| Sentara Health | Stem education | 2020 | $25,000 |
| For Inspiration and Recognition of Science and Technology First | Program support | 2019 | $6,000 |
| The Golden L E A F Long-term Economic Advancement Foundation In | See part iv | 2018 | $500,000 |
| For Inspiration and Recognition of Science and Technology First | Program support | 2018 | $8,312 |
| The Golden L E A F Long-term Economic Advancement Foundation In | See part iv | 2016 | $200,000 |
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Data for Northeast Academy For Aerospace & Advanced Technologies (EIN 46-4978300) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.