Buehler Challenger & Science Center Foundation Inc is located in Paramus, NJ. The organization was established in 1993. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buehler Challenger & Science Center Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Buehler Challenger & Science Center Foundation Inc generated $887.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $796.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATE AND MAINTAIN AN EDUCATIONAL FACILITY FOR STUDENTS TO SIMULATE LEARNING IN THE AREAS OF SCIENCE AND SPACE EXPLORATION THROUGH HANDS ON SIMULATED SPACE FLIGHT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dariusz M Winnicki ESQ Vice President Administrat | 2 | $0 | |
Dr David C Verducci Trustee | 1 | $0 | |
Dr Howard Lerner Trustee | 1 | $0 | |
Dr Kathleen Semergieff Vice President Education | 1 | $0 | |
Dr Pj Ricatto Trustee | 1 | $0 | |
Dr Stephen T Boswell President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $640,000 |
| Interest on Savings | $49 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $845 |
| Other Income | $246,498 |
| Total Revenue | $887,392 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $421,920 |
| Pension plans, employee benefits | $66,897 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $49,045 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $219,950 |
| Total operating and administrative expenses | $796,695 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $796,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $558,014 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $6,380 |
| Prepaid expenses and deferred charges | $35,180 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $546,455 |
| Other assets | $0 |
| Total assets | $1,146,029 |
| Accounts payable and accrued expenses | $19,094 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $59,183 |
| Total liabilities | $78,277 |