GREAT NEWS ! ALL DONE !
I re-did the breadboard using the "correct" pinout labels and your prev post comments.
It didn't work quite right... after delay it would move servo, but I couldn't get it to reset....probably a minor mis-wiring on my part.
However, while trouble shooting I came across a trial & error solution.
I made ONE change...I added a Normally Open (NO) Momentary switch between Pin 3 and R5.
Works as follows: Starting with servo in fully CW position, turn power ON, after delay servo moves CCW. Then I "press" the NO switch (closing pin 3 to R5) and servo goes CW...I then turn power OFF. And it's now ready for the next use.
The only difference between the intended schematic and adding my NO switch, is that for the intended schematic, a reset would happen by turning power OFF before delay, to reset the servo. and with mine I press the NO switch to reset the servo.
Bottom line.....when servo moves CCW that will deploy the parachute. Upon retrieval of the rocket, I would reset the circuit by pressing NO switch, then turn power OFF.
Does this seem OK to you ?
I really want to thank you for all you've done. As you observed, I'm "new" to circuit boards, inverter trigger, transistors, capacitors, diodes, and reading schematics.
You've helped this 73yr old Senior Citizen more than you can imagine...I learned so much in the past 10 days or so.
Richard