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Ohio · Nonprofit

ARGONAUT

ARGONAUT (Ohio) receives grants from 25 organizations whose IRS filings report $1,648,629 to it, the largest being THE GEORGE GUND FOUNDATION ($968,293). 6 of them have funded it in more than one year.

Revenue FY2025
$1.2M
Funders on record
25
Grants received
$1.6M
Net assets
$-246814
6/25 repeat funderspeak grant-dependency 57%
01What it does

What Argonaut does

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.

As stated on its FY2025 Form 990.

Program

  1. 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.

    $1,255,685 spent$203,540 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,255,685.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($543k) Expenses 100 ($299k) Net assets 100 ($379k)2018 Revenue 86 ($468k) Expenses 172 ($513k) Net assets 88 ($334k)2019 Revenue 115 ($627k) Expenses 205 ($614k) Net assets 92 ($347k)2020 Revenue 91 ($497k) Expenses 219 ($653k) Net assets 52 ($196k)2021 Revenue 150 ($816k) Expenses 295 ($880k) Net assets 35 ($132k)2022 Revenue 77 ($418k) Expenses 206 ($614k) Net assets -17 ($-64401)2024 Revenue 301 ($1.6M) Expenses 547 ($1.6M) Net assets -23 ($-88263)2025 Revenue 226 ($1.2M) Expenses 500 ($1.5M) Net assets -65 ($-246814)
'17'18'19'20'21'22'24'25
Revenue (226)Expenses (500)Net assets (-65)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $529k to $779k (+47%).

$418k
$412k
$443k
$539k
$464k
$308k
$529k
$779k
'17'18'19'20'21'22'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 13% · 2021 18% · 2022 24% · 2024 40% · 2025 27%. Grants only. Government contracts and fees sit inside program revenue.

85% of ARGONAUT’s revenue is contributions — more donation-reliant than the typical peer (70% for the typical peer).

This organization
Typical peer · 855 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

$244k
’17
−$45k
’18
$13k
’19
−$157k
’20
−$65k
’21
−$196k
’22
−$2k
’24
−$268k
’25
4.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

David Ferguson

CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'24'25
Listed555510151814
Joined·+0+0+2+8+7·+0
No longer listed·00232·4
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 8 funders, grant income fell $225k → $191k.

5 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 21% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ARGONAUT’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ARGONAUT leans on a few funders — its largest provides 59% of grant income and the top three 83%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

59%
largest funder
83%
top three
~3
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 98% · 2021 54% · 2022 59% · 2023 54% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of ARGONAUT's funders are still giving 2 years after their first grant; 24% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

97% of ARGONAUT's grant income comes from Ohio funders.

NY
OH
PA
FL

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Ohio out of state home

Funder states come from each funder’s own filing. $354k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ARGONAUT has grown faster than half of the 513 public safety & disaster nonprofits its size.

Operating margin−22% · bottom quartile
Months of reserve4.6mo · below the median
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 513 public safety & disaster nonprofits $1M–$10M, FY2025

Organizations like ARGONAUT

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 9%Fundraising 7%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

95%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OH

Screen this organization

A dated, signed PDF of the compliance screen for ARGONAUT: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ARGONAUT?
ARGONAUT (Ohio) receives grants from 25 organizations whose IRS filings report $1,648,629 to it, the largest being THE GEORGE GUND FOUNDATION ($968,293). 6 of them have funded it in more than one year.
How many funders does ARGONAUT have?
IRS filings report 25 organizations giving $1,648,629 in grants to ARGONAUT, 6 of which have funded it in more than one year.
Who is the largest funder of ARGONAUT?
THE GEORGE GUND FOUNDATION is the largest funder on record, with $968,293 in grants. The full list of funders is on this page.
How can an organization like ARGONAUT find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Argonaut →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 25 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing