Totals
- Total revenue
- $1,632,511
- Total expenses
- $1,634,122
- Contributions and grants received
- $1,421,846
- Grants paid
- $0
- Program service revenue
- $200,947
- Investment income
- $1,494
- Other revenue
- $8,224
- Total assets, end of year
- $528,652
- Total liabilities, end of year
- $616,915
- Net assets or fund balances, end of year
- -$88,263
- Program services expenses (Part IX)
- $1,412,290
- Management and general expenses
- $121,431
- Fundraising expenses
- $100,401
- Program service expenses (Part III)
- $1,412,290
Program services were 86.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$8,150
-
1c · Fundraising events
$51,258
-
1e · Government grants (contributions)
$656,827
-
1f · All other contributions, gifts and grants
$705,611
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $200,947 · related or exempt $200,947
-
3 · Investment income
total $1,494 · excluded $1,494
-
6a · Gross rents
real property $8,470
-
6b · Less rental expenses
real property $1,374
-
6c · Rental income or loss
real property $7,096
-
6d · Net rental income or loss
total $7,096 · related or exempt $7,096
-
8a · Fundraising events: gross income
$36,500
-
8a · Fundraising events: contributions included on line 1c
$51,258
-
8b · Fundraising events: direct expenses
$35,372
-
8c · Net income from fundraising events
total $1,128 · excluded $1,128
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $237,284 · program services $207,149 · management and general $13,288 · fundraising $16,847
-
7 · Other salaries and wages
total $596,013 · program services $520,319 · management and general $33,376 · fundraising $42,318
-
9 · Other employee benefits
total $75,372 · program services $65,800 · management and general $4,221 · fundraising $5,351
-
10 · Payroll taxes
total $72,042 · program services $62,833 · management and general $4,034 · fundraising $5,175
-
12 · Advertising and promotion
total $6,690 · program services $6,021 · fundraising $669
-
13 · Office expenses
total $7,639 · program services $7,257 · management and general $229 · fundraising $153
-
16 · Occupancy
total $119,476 · program services $114,426 · management and general $2,919 · fundraising $2,131
-
17 · Travel
total $25,423 · program services $22,121 · management and general $2,545 · fundraising $757
-
19 · Conferences, conventions and meetings
total $212 · management and general $212
-
20 · Interest
total $7,128 · program services $7,128
-
22 · Depreciation, depletion and amortization
total $36,921 · program services $36,921
-
23 · Insurance
total $55,948 · program services $47,435 · management and general $8,513
-
24a · Other expenses: PROGRAM EXPENSES
total $124,996 · program services $124,996 · management and general $0 · fundraising $0
-
24b · Other expenses: MAINTENANCE AND REPAIRS
total $82,353 · program services $82,353 · management and general $0 · fundraising $0
-
24c · Other expenses: CAPACITY BUILDING PROJE
total $66,252 · program services $49,689 · management and general $16,563 · fundraising $0
-
24d · Other expenses: PROFESSIONAL FEES
total $40,580 · program services $0 · management and general $13,580 · fundraising $27,000
-
24e · All other expenses
total $79,793 · program services $57,842 · management and general $21,951
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $112,707 · end of year $20,542
-
2 · Savings and temporary cash investments
beginning of year $51,260 · end of year $95,139
-
4 · Accounts receivable
beginning of year $50,091 · end of year $89,588
-
9 · Prepaid expenses and deferred charges
beginning of year $16,527 · end of year $47,567
-
10a · Land, buildings and equipment: cost or other basis
$248,894
-
10b · Land, buildings and equipment: accumulated depreciation
$229,066
-
10c · Land, buildings and equipment, net
beginning of year $51,894 · end of year $19,828
-
15 · Other assets
beginning of year $328,949 · end of year $255,988
-
17 · Accounts payable and accrued expenses
beginning of year $104,827 · end of year $111,505
-
23 · Secured mortgages and notes payable
beginning of year $262,646 · end of year $255,914
-
25 · Other liabilities
beginning of year $330,607 · end of year $249,496
-
27 · Net assets without donor restrictions
beginning of year -$277,972 · end of year -$88,263
-
28 · Net assets with donor restrictions
beginning of year $191,320 · end of year $0
Mission and programs · 2023
Mission
ARGONAUT PROVIDES EDUCATIONAL SUPPORT AND PROFESSIONAL TRAINING SERVICES IN THE FIELDS OF AEROSPACE AND MARITIME. OUR PRIMARY FOCUS IS OUR DAVIS AEROSPACE AND MARITIME HIGH SCHOOL. ARGONAUT LEVERAGES OUR POSITION A PROFESSIONAL RESOURCE IN THE AEROSPACE AND MARITIME SECTORS TO SUPPORT AND PROMOTE OUR STUDENTS AS THEY PROGRESS ON THEIR JOURNEY.
Activities or mission (Part I)
WE BUILD ADVENTURERS THROUGH IMMERSIVE LEARNING EXPERIENCES THAT CHALLENGE ASSUMPTIONS AND SHIFT NORMS FOR GROWING EMPOWERED TALENT IN AEROSPACE AND MARITIME FIELDS.
-
ARGONAUT CONTINUES TO EXPAND AND IMPROVE OUR PROGRAMMING AT OUR DAVIS AEROSPACE AND MARITIME HIGH SCHOOL. STUDENTS AND STAFF CONTINUE TO RECEIVE SIGNIFICANT SUPPORT FROM ARGONAUT TEAM IN THE DEVELOPMENT AND EXECUTION OF ACADEMIC AND CAREER TECHNICAL PROGRAMS. ARGONAUT CONTINUES WORK WITH THE PORT OF CLEVELAND MANAGING AND OPERATING THE FLOTSAM AND JETSAM DEBRIS HARVESTING AND WATERWAY MANAGEMENT VESSELS. OUR OTHER PORT OF CLEVELAND SUPPORTED PROGRAM, PHASTAR MARINE SAFETY CONTINUES TO PROVIDE SAFETY SERVICES ON LOCAL WATERWAYS AND IS EXPANDING INTO PROFESSIONAL WATER RESCUE TRAINING FOR STUDENTS AND FIRST RESPONDERS. THESE PROGRAMS GENERATE NON-TRADITIONAL REVENUE FOR A NON-PROFIT AND ARE MODELING OUR INTENTIONS TO EXPAND THESE TYPES OF ACADEMICALLY BASED ENTERPRISE. WE CONTINUE TO INCREASE OUR STUDENT ENROLLMENT AND CAREER PATH OPPORTUNITIES.
Expenses $1,412,290 · Revenue $200,947
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Eric PeaceERIC PEACE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Jocelyn HarrisonJOCELYN HARRISON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Ron CordaroRON CORDARO
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Steve PeplinSTEVE PEPLIN
CO-CORRESPONDENT
- Total calculated
- $0
- Hours/week
- 3
-
Roslyn AdamsROSLYN ADAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Richard DecarloRICHARD DECARLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Wayne DennyWAYNE DENNY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Courtney GilliamCOURTNEY GILLIAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
James MarraJAMES MARRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Michael SchoopMICHAEL SCHOOP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Kent StaufferKENT STAUFFER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
John WiitalaJOHN WIITALA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Derek MooreDEREK MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Rick BrownRICK BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Robert BurgerROBERT BURGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Paul ChristensenPAUL CHRISTENSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
David FergusonDAVID FERGUSON
CEO
- Total calculated
- $99,367
- From this org
- $99,367
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Annemarie Grassi AmefiaANNEMARIE GRASSI AMEFIA
COO
- Total calculated
- $121,966
- From this org
- $121,966
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 19 November 2025
- IRS schema version
- 2023v6.0
- Source object
- 202513289349300931
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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