2026-06-08T14:40:56-05:00 2025-06-30 341663731 ZINNER & CO LLP 3201 ENTERPRISE PARKWAY SUITE 410 CLEVELAND OH 441227329 990 2024-07-01 450833007 ARGONAUT ARGO 2168604883 2332 PROSPECT AVE CLEVELAND OH 44115 D ANDREW FERGUSON CEO 2168604883 2026-06-08 1 1 SUSAN D KRANTZ P00233254 2168310733 2026-05-13 2024 2025-03-06 01:10:19Z DAVID ANDREW FERGUSON 2332 PROSPECT AVE CLEVELAND OH 44115 1256862 0 X WWW.ARGONAUT.ORG X 2010 OH WE BUILD ADVENTURERS THROUGH IMMERSIVE LEARNING EXPERIENCES THAT CHALLENGE ASSUMPTIONS AND SHIFT NORMS FOR GROWING EMPOWERED TALENT IN AEROSPACE AND MARITIME FIELDS. 9 9 28 12 0 0 1421846 1038272 200947 203540 1494 10250 8224 -26958 1632511 1225104 0 0 0 0 980711 770234 0 0 98685 653411 722937 1634122 1493171 -1611 -268067 528652 779480 616915 1026294 -88263 -246814 X 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. 0 0 1255685 203540 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. 1255685 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 28 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 OH X D ANDREW FERGUSON 2168604883 2332 PROSPECT AVE CLEVELAND OH 44115 ERIC PEACE PRESIDENT 3.00 X X 0 0 0 JOCELYN HARRISON VICE PRESIDENT 3.00 X X 0 0 0 RON CORDARO FORMER TREASURER 3.00 X X 0 0 0 STEVE PEPLIN TREASURER 3.00 X X 0 0 0 JAMES MARRA DIRECTOR 3.00 X 0 0 0 MICHAEL SCHOOP DIRECTOR 3.00 X 0 0 0 KENT STAUFFER DIRECTOR 3.00 X 0 0 0 JOHN WIITALA DIRECTOR 3.00 X 0 0 0 DEREK MOORE DIRECTOR 3.00 X 0 0 0 RICK BROWN DIRECTOR 3.00 X 0 0 0 ROBERT BURGER DIRECTOR 3.00 X 0 0 0 PAUL CHRISTENSEN DIRECTOR 3.00 X 0 0 0 DAVID FERGUSON CEO 40.00 X 109000 0 0 ANNEMARIE GRASSI AMEFIA FORMER COO 0.00 X 239288 0 0 348288 0 0 2 1 1 0 0 59265 329503 649504 1038272 OTHER PROGRAM REVENUE 900099 203540 203540 203540 10250 10250 4550 0 4550 4550 4550 0 59265 31758 -31758 -31758 MISCELLANEOUS INCOME 900099 250 250 250 1225104 208340 0 -21508 182125 158995 10199 12931 483035 421690 27049 34296 51474 44937 2882 3655 53600 46749 3001 3850 13001 8581 4420 6100 5795 183 122 8248 7202 248 798 141787 135863 3424 2500 3788 3296 379 113 2202 2202 8324 8324 18824 18824 83118 70715 12403 PROGRAM EXPENSES 156461 156461 0 0 CAPACITY BUILDING PROJE 76984 57738 19246 0 PROFESSIONAL FEES 72990 0 36990 36000 MAINTENANCE AND REPAIRS 69358 69358 0 0 61752 41157 20595 1493171 1255685 138801 98685 20542 24834 95139 551395 89588 113208 47567 30533 300558 247890 19828 52668 255988 6842 528652 779480 111505 62901 714359 255914 248684 249496 350 616915 1026294 X -88263 -8067 -238747 -88263 -246814 528652 779480 -268067 109516 0 X 0 0 0 X 792451 329236 1399796 1421846 1038272 4981601 76935 200947 203540 481422 792451 329236 1476731 1622793 1241812 5463023 200000 200000 0 200000 200000 5263023 40 2 407 1494 10250 12193 40 2 407 1494 10250 12193 36383 250 36633 792491 329238 1513521 1624287 1252312 5511849 0.95490 0.94870 0.00220 0.00160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36000 36000 1457171 1493171 224317 56079 0 0 231706 224317 456023 684035 27000 36000 63000 57927 56079 114006 171009 300558 247890 52668 52668 REFUNDABLE DEPOSITS 350 350 SUNSET ON THE HARBOR 59265 59265 2975 18729 675 9379 59265 59265 2975 18729 675 9379 31758 -31758 0 0 0 0 0 0 0 0 0 ANNEMARIE GRASSI AMEFIA FORMER COO 239288 0 0 0 0 0 0 0 0 0 239288 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR APPROVAL, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AT THE FIRST BOARD MEETING OF THE YEAR, EACH BOARD MEMBER IS ASKED TO READ THE CONFLICT OF INTEREST POLICY AND SUBMIT ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE STAFF WITHIN THE ORGANIZATION IS DETERMINED BY THE CHIEF EXECUTIVE OFFICER. THE LEVEL OF COMPENSATION IS SET BASED ON PERFORMANCE AND IN RELATION TO OTHER AREA MISSION-COMPARABLE ORGANIZATIONS OF SIMILAR SIZE. THIS COMPENSATION IS A COMPONENT OF THE BUDGET, WHICH IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND ALSO BY THE BOARD AS A WHOLE. FORM 990, PART VI, SECTION C, LINE 19 CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104 (D) OF THE IRC AND THE REGULATIONS THEREUNDER, COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS SHALL BE MADE AVAILABLE UPON REQUEST, IN A TIMELY MANNER AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUAL WHO REQUESTS THEM.