Free Science Inc
- Assets
- $81.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ithaca, NY
- Founding
- 02/2019
- Data as of
- 08/2022
- EIN
- 82-0861664
Organization Overview
Free Science Inc is located in Ithaca, NY. The organization was established in 2019. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Science 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 08/2022, Free Science Inc generated $150.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $140.0k during the year ending 08/2022. While expenses have increased by 23.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
A FREE PROGRAM WHERE UNDERSERVED AND UNDERREPRESENTED YOUTH IN TOMPKINS COUNTY, NY CAN TINKER WITH ELECTRONICS, EXPLORE SCIENCE, OBSERVE CARE FOR LIVING THINGS, AND INVENT MAKE THEIR OWN PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Tenenbaum Executive Director | 20 | $27,840 | |
Cal Walker Officer | 4 | $0 | |
Brandon Blas Secretary | 4 | $0 | |
Leila Aboharb Officer | 4 | $0 | |
Kitty Gifford Chair | 4 | $0 | |
Chris Bell President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,944 |
| Total Program Service Revenue | $2,679 |
| Membership dues | $0 |
| Investment income | $35 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $150,658 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $89,878 |
| Professional fees and other payments to independent contractors | $1,201 |
| Occupancy, rent, utilities, and maintenance | $24,661 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,245 |
| Total expenses | $139,985 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,708 |
| Other assets | $0 |
| Total assets | $81,908 |
| Total liabilities | $39 |
| Net assets or fund balances | $81,869 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Free Science Inc has recieved totaling $133,725.
| Awarding Organization | Amount |
|---|---|
Park Foundation Inc Ithaca, NY PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
Park Foundation Inc Ithaca, NY PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
Max & Victoria Dreyfus Foundation Washington, DC PURPOSE: FREE SCIENCE WORKSHOP | $18,225 |
Community Foundation Of Tompkins County Inc Ithaca, NY PURPOSE: GENERAL SUPPORT | $18,000 |
Steven And Marcy Schaeffer Family Foundation Inc Ithaca, NY PURPOSE: TO SUPPORT SCIENCE | $16,000 |
Social Service League Of Ithica Ithaca, NY PURPOSE: TO FURTHER THE ORGANIZATION'S PURPOSE | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Archway Charter School Of Chester Inc Chester, PA | $43,430,171 | $101,905,393 |
Democracy Prep New York Charter Schools Bronx, NY | $67,527,043 | $86,404,779 |
Greenwich Country Day School Inc Greenwich, CT | $332,908,976 | $95,548,707 |
Grace Church School New York, NY | $124,238,513 | $52,477,666 |
Dexter Southfield Inc Brookline, MA | $119,216,504 | $58,438,330 |
Haverford School Haverford, PA | $200,207,536 | $63,658,264 |
Calhoun School Inc New York, NY | $66,556,667 | $39,561,327 |
Marion P Thomas Charter School Inc Newark, NJ | $17,560,259 | $37,041,604 |
Saint Davids School New York, NY | $170,289,488 | $33,366,978 |
Trustees Of Newark Academy Livingston, NJ | $113,328,907 | $35,913,632 |
Philadelphia Independent Mission Schools Philadelphia, PA | $39,191,945 | $38,175,969 |
Hewitt School New York, NY | $78,957,035 | $33,976,072 |