2024-11-13T14:38:55-06:00 2023-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-01-01 521625043 NATIONAL CENTER FOR ADVANCED TECHNOLOGIES INC NATI 7033580000 1000 WILSON BLVD 1700 ARLINGTON VA 222093928 ERIC FANNING CHAIRMAN 7033580000 2024-11-13 1 0 AARON M FOX P01365820 2022274000 2024-11-13 2023 2024-10-15 13:58:12Z ERIC FANNING 1000 WILSON BLVD 1700 ARLINGTON VA 222093928 406122 0 X N/A X 1989 DC NCAT SUPPORTS NATIONAL INTERESTS IN EDUCATIONAL & SCIENTIFIC ADVANCEMENT OF TECHNOLOGIES IN THE USA 5 1 0 1 0 0 381250 406122 0 0 0 0 0 0 381250 406122 96861 101063 0 0 60074 72016 0 0 0 207319 268067 364254 441146 16996 -35024 779358 874976 352406 483047 426952 391929 X THE NATIONAL CENTER FOR ADVANCED TECHNOLOGIES (NCAT) WAS FOUNDED AS A NON-PROFIT RESEARCH AND EDUCATION FOUNDATION TO PROVIDE A BRIDGE BETWEEN GOVERNMENT, INDUSTRY, AND ACADEMIA, AND TO ENCOURAGE COOPERATIVE EFFORTS ON TECHNOLOGY DEVELOPMENT. NCAT'S INITIAL YEARS WERE DEDICATED TO THE DEVELOPMENT AND PUBLICATION OF EIGHT NATIONAL STRATEGIC PLANS FOR TECHNOLOGY DEVELOPMENT UNDER THE UMBRELLA PROGRAM KEY TECHNOLOGIES FOR THE YEAR 2000. ON COMPLETION OF THAT PROGRAM IN 1992, NCAT TURNED ITS EFFORTS TOWARD AFFORDABILITY INITIATIVES. MOST OF THESE INITIATIVES CROSS THE CONVENTIONAL BOUNDARIES BETWEEN GOVERNMENT, INDUSTRY, AND ACADEMIA. 0 0 426047 101063 ARC PROGRAM: AMERICA ROCKETRY CHALLENGE (ARC) IS THE WORLD'S LARGEST STUDENT ROCKET CONTEST AND KEY PIECE OF THE AEROSPACE AND DEFENSE INDUSTRY'S STRATEGY TO BUILD A STRONGER U.S. WORKFORCE IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM). SPONSORED BY THE AEROSPACE INDUSTRIES ASSOCIATION (AIA) AND THE NATIONAL ASSOCIATION OF ROCKETRY (NAR), ARC WAS CREATED IN THE FALL OF 2002 AS A ONE-TIME CELEBRATION OF THE CENTENNIAL OF FLIGHT, BUT BY POPULAR DEMAND BECAME AN ANNUAL PROGRAM. CONTRIBUTIONS RECEIVED FOR THE ARC PROGRAM ARE DONOR RESTRICTED WHEN RECEIVED AND RELEASED WHEN PROGRAM EXPENDITURES ARE INCURRED. 426047 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 VA X KATHERINE NETTROUR 7033580000 1000 WILSON BLVD 1700 ARLINGTON VA 222093928 ERIC FANNING CHAIRMAN 3.00 34.50 X X 0 1475128 68003 SARAVANAN SHANMUGANATHAN PRESIDENT 1.00 36.50 X X 0 366407 53227 KATHERINE NETTROUR TREASURER 1.00 36.50 X X 0 312729 17864 MAC SDUNAWAY DIRECTOR 1.00 X 0 0 0 NINA SCHWARTZ SECRETARY 1.00 36.50 X 0 101507 32455 0 2255771 171549 0 0 1 0 0 406122 406122 406122 0 0 0 X 20533 20533 80530 80530 72016 72016 91 91 9974 9974 46145 46145 4311 4311 1259 1134 125 64519 64519 119264 119264 MISCELLANEOUS EXPENSE 8912 8912 MEMORABILIA 8522 8522 FEES 5000 5000 DUES 70 70 441146 426047 15099 0 779358 645529 229447 779358 874976 352406 483047 352406 483047 X 401152 360129 25800 31800 426952 391929 779358 874976 -35024 0 X 0 1 X 1 0 X 585000 152000 265000 381250 406122 1789372 585000 152000 265000 381250 406122 1789372 1294767 494605 291 291 1789663 0.27640 0.31720 X THE NATIONAL CENTER FOR ADVANCED TECHNOLOGIES, INC. ("NCAT") OFFERS THE FOLLOWING FACTS AND CIRCUMSTANCES IN SUPPORT OF ITS ONGOING CLASSIFICATION AS A PUBLIC CHARITY AND NOT A PRIVATE FOUNDATION.PUBLIC SUPPORT PERCENTAGE - NCAT'S CUMULATIVE PUBLIC SUPPORT PERCENTAGE THROUGH DECEMBER 31, 2023 IS 27.64%, WHICH IS ABOVE THE MINIMUM AMOUNT AT WHICH FACTS AND CIRCUMSTANCES WILL BE CONSIDERED BY THE SERVICE IN DETERMINING NCAT'S ONGOING QUALIFICATION AS A PUBLICLY SUPPORTED CHARITY. THE FACTS AND CIRCUMSTANCES RELATING TO NCAT'S STRUCTURE AND OPERATIONS PRESENT A STRONG CASE IN SUPPORT OF ITS ONGOING CLASSIFICATION AS A PUBLIC CHARITY AND NOT AS A PRIVATE FOUNDATION. THESE FACTS AND CIRCUMSTANCES, WHICH ARE DISCUSSED IN MORE DETAIL LATER, INCLUDE THE FOLLOWING:SOLICITATION PROGRAMS AND FUNDRAISING EFFORTSA. PUBLIC SOLICITATION: OUR PUBLIC FUNDING IS GENERATED PRIMARILY THROUGH REGISTRATION REVENUES FOR THE AMERICAN ROCKETRY CHALLENGE. WE SOLICITED REGISTRATIONS THROUGH OUR EMAIL LISTS. WE SENT ABOUT 20 EMAILS HIGHLIGHTING THAT REGISTRATION IS OPEN TO THE LIST OF MORE THAN 12,000 PEOPLE. IN ADDITION, WE POSTED FREQUENTLY ON SOCIAL MEDIA TO DRIVE REGISTRATION. FINALLY, WE CONDUCTED TARGETED OUTREACH TO SCHOOLS AND TEACHERS WHO LIVED IN COMMUNITIES AND REGIONS WHERE WE HAVE HAD LOWER PARTICIPATION RATES. B. SPONSORSHIP: WE PRODUCED A FUNDING PITCH DECK THAT WAS DISTRIBUTED TO MORE THAN 300 COMPANIES IN HOPES OF ATTRACTING FUNDING FROM COMPANIES. OF COURSE, WE FOLLOWED-UP WITH COMPANIES WHO SPONSORED IN THE PAST AND C. ANNUAL REPORT: WE PUBLISHED AN ANNUAL REPORT FROM THE 2022 SEASON TO EDUCATE THE PUBLIC, TEAMS, AND FUNDERS ABOUT THE COMPETITION. THIS WAS DISTRIBUTED TO THOSE AUDIENCE TO HELP DRIVE ADDITIONAL INTEREST AND FUNDING. SUPPORTERS AND DONOR GROUPS:A. APPROXIMATELY 770 TEAMS PARTICIPATED AND PAID $165 REGISTRATION IN FY2023. TEAMS CAME FROM 45 STATES AND REPRESENTED A MIX OF MIDDLE SCHOOLS, HIGH SCHOOLS, HOMESCHOOLS, AND U.S. INCORPORATED NON-PROFIT YOUTH OR EDUCATIONAL ORGANIZATIONS (E.G. GIRL SCOUTS, 4-H, SCOUTING AMERICA, ETC.)B. IN ADDITION, WE HAD 13 COMPANIES AND ONE HIGHER ED INSTITUTION WHO SERVED AS FINANCIAL SUPPORTERS FOR THE FY2023 COMPETITION. FUNDING RANGED FROM AS LITTLE AS $4,400, TO AS MUCH AS $229,000. GOVERNING BOARD:THE NCAT BOARD CONSISTS OF AN ORGANIZATION CEO, A FINANCE EXPERT, A POLICY PROFESSIONAL, A LAWYER, AND AN HR/FINANCE PROFESSIONAL. NCAT ACTIVITIES AND ITS IMPACT:THE NATIONAL CENTER FOR ADVANCED TECHNOLOGY SPEARHEADS THE AMERICAN ROCKETRY CHALLENGE, THE WORLD'S LARGEST STUDENT ROCKET COMPETITION. IN 2023, THIS INITIATIVE ENGAGED 798 TEAMS FROM 45 STATES, INVOLVING OVER 4,700 STUDENTS WHO DESIGNED, BUILT, AND LAUNCHED MODEL ROCKETS, PROVIDING THEM WITH INVALUABLE HANDS-ON ENGINEERING EXPERIENCE. SINCE ITS INCEPTION IN 2003, NEARLY 100,000 MIDDLE AND HIGH SCHOOL STUDENTS HAVE PARTICIPATED IN THE PROGRAM, FOSTERING A DEEP INTEREST IN STEM FIELDS.THE COMPETITION HAS HAD A PROFOUND IMPACT ON ITS ALUMNI, MANY OF WHOM HAVE PURSUED CAREERS IN AEROSPACE AND OTHER STEM DISCIPLINES. NOTABLY, WARREN "WOODY" HOBURG, AN ALUMNUS FROM THE FIRST COMPETITION, BECAME A NASA ASTRONAUT AND FLEW TO THE INTERNATIONAL SPACE STATION IN 2023. HIS VISIT TO THE 2024 NATIONAL FINALS SERVED AS AN INSPIRATION TO CURRENT PARTICIPANTS, DEMONSTRATING THE HEIGHTS THEY CAN ACHIEVE.NCAT IS DEDICATED TO INCREASING DIVERSITY IN STEM. THROUGH OUR STEM INNOVATION GRANT PROGRAM, WE HAVE AWARDED OVER $150,000 TO TITLE 1 SCHOOLS, SUPPORTING UNDER-RESOURCED SCHOOLS IN STARTING ROCKETRY PROGRAMS. SINCE 2019, THESE SCHOOLS HAVE RECEIVED $2,000 GRANTS AND MENTORSHIP FROM ROCKETRY AND PROFESSIONAL EXPERTS, ENABLING THEM TO PROVIDE STUDENTS WITH OPPORTUNITIES THEY MIGHT NOT OTHERWISE HAVE.IN COLLABORATION WITH NASA, WE SIGNED A SPACE ACT AGREEMENT TO INSPIRE THE NEXT GENERATION OF AEROSPACE AND STEM PROFESSIONALS. THIS PARTNERSHIP LED TO THE CREATION OF AEROSPACE STEM CLUBS AND THE AEROSPACE STEM CLUB TOOLKIT. THESE TOOLKITS ENGAGE SECOND THROUGH SIXTH-GRADE STUDENTS FROM HISTORICALLY EXCLUDED BACKGROUNDS IN STEM, INTRODUCING THEM TO AEROSPACE THROUGH CLUBS AND SUMMER CAMPS. STUDENTS DESIGN, BUILD, AND FLY MODEL ROCKETS, ENHANCING THEIR CRITICAL THINKING AND PROBLEM-SOLVING SKILLS.THROUGH THESE INITIATIVES, NCAT IMPACTS A BROAD CROSS-SECTION OF THE POPULATION, REACHING STUDENTS FROM DIVERSE BACKGROUNDS AND PROVIDING THEM WITH THE SKILLS AND INSPIRATION TO PURSUE CAREERS IN STEM FIELDS. OUR PROGRAMS NOT ONLY FOSTER A LOVE FOR SCIENCE AND ENGINEERING BUT ALSO CONTRIBUTE TO BUILDING A MORE INCLUSIVE AND INNOVATIVE FUTURE.CONCLUSIONIN SUMMARY, THE NATIONAL CENTER FOR ADVANCED TECHNOLOGIES, INC. HAS THE CHARACTERISTICS OF A "PUBLICLY SUPPORTED ORGANIZATION, BASED ON THE FACTS AND CIRCUMSTANCES TEST DESCRIBED IN SECTION 1.170A-9(E)(3) OF THE TREASURY REGULATIONS. ACCORDINGLY, THE FOUNDATION QUALIFIES AS A "PUBLICLY SUPPORTED ORGANIZATION DESCRIBED IN SECTION 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO AFFILIATE 433047 FORWARD FUNDED GRANT 50000 483047 X 406122 0 406122 0 406122 441146 0 441146 0 441146 PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2023, NCAT HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 THE ANNUAL ROCKET COMPETITION AWARDS 99 80530 PART I, LINE 2: FUNDS USED TO SUPPORT LOCAL PARTNER ORGANIZATION ACTIVITIES RELATED TO THE COMPETITION ARE DISBURSED ON A REIMBURSEMENT BASIS, REQUIRING RECEIPTS FOR ALL LISTED EXPENSES. SOME PARTNERS OR TEAMS MAY RECEIVE FIXED-AMOUNT GRANTS BASED ON PRE-DETERMINED CALCULATIONS OF EXPECTED EXPENSES, INFORMED BY PREVIOUS YEARS OF THE COMPETITION AND CURRENT MARKET RATES. THE SELECTION OF PRIZE-WINNING TEAMS UNDERGOES A DOUBLE-REVIEW PROCESS. TEAMS ARE SCORED BASED ON ALTITUDE AND FLIGHT TIME GOALS, WHICH ARE OBSERVED BY IMPARTIONAL NATIONAL ASSOCIATION OF ROCKETRY (NAR) MEMBERS, OR BY DESIGNATED NATIONAL FINALS VOLUNTEER STAFF. THESE RESULTS ARE RECORDED ON A FLIGHT FORM THAT IS SIGNED BY BOTH THE TEAM'S ADULT SUPERVISOR AND THE NAR OBSERVER, AND BOTH PROVIDE THEIR CONTACT INFORMATION. DURING SCORE TABULATION, ALL SCORE REPORTS ARE REVIEWD BY AT LEAST TWO DIFFERENT SENIOR NAR MEMBERS, AND THE AIA PROGRAM MANAGER. ONLY AFTER THIS TRIPLICATE REVIEW IS COMPLETE AND THE SCORING IS SYNCHRONIZED ARE FINAL PLACES AND THEIR RESPECTIVE PRIZE PAYMENTS FINALIZED. SHOULD A TIE OCCUR, THE RELEVANT PRIZES WILL BE POOLED AND EVENLY SPLIT FOR THE AFFECTED PLACE(S) - FOR EXAMPLE, A TWO-WAY TIE FOR 2ND PLACE WOULD RESULT IN A MERGER AND EVEN DIVISION OF THE PRIZES FOR 2ND AND 3RD PLACES. 0 0 0 0 0 0 0 0 0 ERIC FANNING CHAIRMAN 0 962789 0 512239 0 100 0 42300 0 25703 0 1543131 0 0 SARAVANAN SHANMUGANATHAN PRESIDENT 0 291792 0 74515 0 100 0 40408 0 12819 0 419634 0 0 KATHERINE NETTROUR TREASURER 0 248529 0 64000 0 200 0 15287 0 2577 0 330593 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS COMPLETED BY THE ORGANIZATION'S OUTSIDE ACCOUNTING FIRM. THE FORMS ARE THEN FORWARDED TO THE SECRETARY/TREASURER FOR FINAL REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C NEW EMPLOYEES ARE REQUIRED TO SIGN RECEIPT THAT THEY HAVE RECEIVED A CONFLICT OF INTEREST POLICY DOCUMENT. ALL EMPLOYEES ARE REQUIRED TO SIGN OFF ANNUALLY ON THE CONFLICT OF INTEREST POLICY DOCUMENT. NCAT DOES NOT REQUIRE ALL OFFICES OR DIRECTORS TO SIGN AN ANNUAL POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTORS: PROGRAM SERVICE EXPENSES 46,145. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,145. AEROSPACE INDUSTRY ASSOCIATION 1000 WILSON BLVD STE 1700 ARLINGTON VA 22209 530023710 TRADE ASSOCIATION NY 501(C)(6) 0 AEROSPACE INDUSTRIES OF AMERICA INC POLITICAL ACTION COMMITTEE 1000 WILSON BLVD STE 1700 ARLINGTON VA 22209 270796294 PAC VA 527 AEROSPACE INDUSTRY ASSOCIATION 0 NATIONAL INSTITUTE FOR AEROSPACE STUDIES & SERVICES INC 1000 WILSON BLVD STE 1700 ARLINGTON VA 22209 521672025 SCIENTIFIC RESEARCH DC 501(C)(6) AEROSPACE INDUSTRY ASSOCIATION 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0