Totals
- Total revenue
- $264,864
- Total expenses
- $430,107
- Contributions and grants received
- $215,152
- Grants paid
- $160,593
- Program service revenue
- $0
- Investment income
- $21,409
- Other revenue
- $28,303
- Total assets, end of year
- $1,235,625
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,235,625
- Program services expenses (Part IX)
- $419,507
- Management and general expenses
- $10,600
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $419,507
Program services were 97.5% 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.
-
1f · All other contributions, gifts and grants
$215,152
-
3 · Investment income
total $19,743 · excluded $19,743
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $173,258
-
7b · Less cost or other basis and sales expenses
securities $171,592
-
7c · Gain or loss
securities $1,666
-
7d · Net gain or loss
total $1,666 · related or exempt $1,666
-
8a · Fundraising events: gross income
$13,850
-
8c · Net income from fundraising events
total $13,850 · excluded $13,850
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Misc. Income
total $14,453 · excluded $14,453
-
11e · Other revenue, total
$14,453
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $160,593 · program services $160,593
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $49,226 · program services $49,226
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $35,531 · program services $35,531
-
10 · Payroll taxes
total $3,766 · program services $3,766
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $10,600 · management and general $10,600
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $161,256 · program services $161,256
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses
total $9,135 · program services $9,135
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $641,079 · end of year $454,578
-
2 · Savings and temporary cash investments
end of year $13,644
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $100,000
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $600,000 · end of year $667,403
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $1,241,079 · end of year $1,235,625
Mission and programs · 2023
Mission
Created to honor the legacy of a beloved space industry pioneer and accomplishedpilot, Dawn Brooke Owens (1980 2016), the Brooke Owens Fellowship is designed toserve both as an inspiration and as a career boost to capable young women and othergender minorities who, like Brooke, aspire to explore our sky and stars, to shake upthe aerospace industry, and to help their fellow people here on planet Earth. We dothis by matching up to forty students per year with purpose-driven, paid internshipsat leading aerospace companies and organizations and with senior and executive levelmentors.
-
Our organizations accomplishments for 2023 include:a.The Brooke Owens Fellowship provides around 45 women and gender minority undergraduate students with summer internships at leading aerospace organizations along with Executive Mentorship from leaders in the aerospace industry.b.In 2023, the Brooke Owens Fellowship welcomed its seventh class of Fellows, matching 47 students to internships at SpaceX, Blue Origin, NASA, and others.c.The Brooke Owens Fellowship founded a spinoff program, the Patti Grace Smith Fellowship in 2020, which provides around 40 African-American and Black American undergraduate students with their first aerospace industry experience and matches them with Executive Mentors in the Aerospace industry.d.In 2023, the spinoff program Patti Grace Smith Fellowship welcomed its third class of Fellows, matching XX undergraduate students with internships at aerospace industry organizations, giving each student a $2,000 cash grant, and matching the students to Executive Mentors in the aerospace industry. e.Over 100 students from the Brooke Owens Fellowship and its spinoff program participated in a 5-day Summit, held where they participated in leadership-building activities like delivering a team Grand Challenge solution, received Executive mentoring, and heard from aerospace panels of experts.f.In 2023, the Brooke Owens Fellowship and its spinoff program the Patti Grace Smith Fellowship jointly received funds from the DGBM Taylor Family Foundation to pay for a full-time executive hire. The funds were use to hire Carolyn Broady as the Fellowship Administrator for the Brooke Owens Fellowship.
Expenses $419,507 · Grants $160,593
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Carolyn Broady
Administrator
- Total calculated
- $34,680
- From this org
- $34,680
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Virginia Randal
Operation Dir.
- Total calculated
- $14,546
- From this org
- $14,546
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Kayla Watson
Board member
- Total calculated
- $0
- Hours/week
- 10
-
Lori Garver
Board member
- Total calculated
- $0
- Hours/week
- 10
-
Maddie Kothe
Board member
- Total calculated
- $0
- Hours/week
- 10
-
Sirisha Bandla
Board member
- Total calculated
- $0
- Hours/week
- 10
-
Caryn Schenewerk
Board member
- Total calculated
- $0
- Hours/week
- 10
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
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423189349307897
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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