Overview
What is New York State Science Olympiad Inc?
New York State Science Olympiad Inc is a nonprofit organization situated in North Bellmore, New York. Their primary mission is to foster student learning in science by conducting Science Olympiad competitions at the middle school and high school levels. Participating teams, categorized as Middle School Level B and High School Level C, pay admission fees to compete locally and potentially progress to state and national competitions. The registration fees collected from each school are utilized to cover the costs associated with running the 22 regional competitions and the state events, including medals, trophies, awards, plaques, and lunches for 24 events. The organization's goal is to encourage scientific exploration and growth among young learners, providing them with an engaging and competitive platform to showcase their skills.
Official website here: www.newyorkscioly.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
New York State Science Olympiad Inc has received an overall rating of 83%, which reflects strong accountability and finance practices, contributing to its Three-Star designation. The charity demonstrates excellent governance with 100% of its board members being independent, along with a solid program expense ratio of 94.82%, indicating that a large portion of its funds is directed towards its mission.
However, the organization has been marked down due to the absence of key policies, specifically a conflict of interest policy and a whistleblower policy, both of which are important for transparency and ethical governance. Despite these limitations, the charity maintains a commendable financial health with no liabilities, which positions it well for sustaining its operations and programs.
Overall, while New York State Science Olympiad Inc shows strengths in its financial management and governance structure, addressing the noted policy deficiencies could further enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is New York State Science Olympiad Inc legitimate?
New York State Science Olympiad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York State Science Olympiad Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $18,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.newyorkscioly.org
What is the mission statement of New York State Science Olympiad Inc?
The New York State Science Olympiad Inc is an organization that conducts science competitions for students at both middle school and high school levels. The competition involves teams from two categories: B for middle school and C for high school. These teams participate in 22 regional tournaments across New York State. The winning teams progress to state tournaments, and the victors from there advance to the National Science Olympiad. The registration fees collected from each school are utilized to organize these 22 regional events and the state tournaments, providing necessities such as medals, trophies, awards, plaques, and lunches for the 24 events.
Official website here: www.newyorkscioly.org
Who is the CEO of New York State Science Olympiad Inc?
Katherine Toy is the President of New York State Science Olympiad Inc.
Official website here: www.newyorkscioly.org
What is the revenue of New York State Science Olympiad Inc?
New York State Science Olympiad Inc's revenue in 2023 was $174,337.
Official website here: www.newyorkscioly.org
Who are the executives of New York State Science Olympiad Inc and what are their salaries?
There 80 volunteers at New York State Science Olympiad Inc.
Here are 6 key members and their salaries:
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newyorkscioly.org
Where can I find the form 990 for New York State Science Olympiad Inc?
New York State Science Olympiad Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newyorkscioly.org
Learn more at the official website: www.newyorkscioly.org
Mission Statement of New York State Science Olympiad Inc
The New York State Science Olympiad, a renowned science organization, is dedicated to orchestrating science competitions for students at both middle school level B and high school level C across New York State. These competitions are held in 22 regional events, with the winning teams progressing to state tournaments. From there, the victorious teams advance to the National Science Olympiad. The registration fees collected from each participating school are utilized to cover the expenses associated with running these 22 regional sites and the state events, including medals, trophies, awards, plaques, and lunches required for the participation in 24 events. This organization serves as a platform for fostering scientific curiosity and competitiveness among young students in New York State.
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Impact
October, 2024
New York State Science Olympiad Inc makes a significant impact on student learning in science across the state by providing engaging, competitive environments where middle and high school students can explore various scientific disciplines. Through the organization of regional, state, and national competitions, students are encouraged to deepen their understanding of science, technology, engineering, and mathematics (STEM) concepts.
The initiative supports 22 regional competitions that allow teams to demonstrate their knowledge and skills in a broad range of events. The structure of the competition fosters teamwork, critical thinking, and problem-solving abilities, equipping students with essential skills needed for future academic and career pursuits. By advancing winners to state tournaments and ultimately to national competitions, the organization enhances the motivation of students to excel in science, promoting a culture of academic excellence and achievement.
Moreover, by raising funds through registration fees, New York State Science Olympiad Inc ensures that these competitions are well-organized and equipped with necessary resources such as medals, trophies, and educational materials, enriching the overall experience for participants. This comprehensive support system underscores the organization's commitment to advancing STEM education and cultivating future generations of scientists and innovators.
This information is meant to be a general summary of New York State Science Olympiad Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $10,195
- Program Service Revenue: $157,200
- Gross Receipts: $174,337
Assets and Liabilities:
- Total Assets: $304,182
- Total Liabilities: $0
- Net Assets: $304,182
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCIENCE OLYMPIADS
Revenue
$157,200
Organization Details
Founding Year
1988
Phone
(914) 328-4709Principal Officer
Katherine Toy
Main Address
984 LEEDS DRIVE, NORTH BELLMORE, NY, 117101027
Website
www.newyorkscioly.orgNTEE Category
Code: B99 - Education
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