Overview
What is Science Olympiad Inc?
Science Olympiad Inc is a prominent national nonprofit organization situated in the United States. Their primary objective is to enhance the standard of K-12 science education and foster interest in science among both genders and diverse ethnic groups. By doing so, they aim to cultivate a technologically-skilled workforce for the future. This is achieved through their mission of providing engaging science education activities, thereby promoting science as an exciting and valuable field. The organization's overarching goal is to foster a love for science in young minds and prepare them for a technologically advanced world.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star Rating
Science Olympiad Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has a notable 95% score, indicating high standards in financial transparency and governance. All ten board members are independent, contributing to robust oversight and decision-making processes.
The nonprofit excels in its financial health, showcasing a low liabilities-to-assets ratio of 0.17% and an exceptional program expense ratio of 92.29%, which suggests that the majority of its expenditures are dedicated to its programs rather than administrative costs. Additionally, the organization has established effective policies, including those for conflicts of interest and whistleblower protections, further enhancing its credibility.
However, while the organization demonstrates outstanding financial efficiency, it has a relatively low fundraising efficiency ratio of $0.002, indicating that it may not be maximizing its fundraising efforts. This could suggest room for improvement in how the organization raises funds to support its initiatives. Overall, Science Olympiad Inc presents a strong case for financial integrity and accountability within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Science Olympiad Inc legitimate?
Science Olympiad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $282,184
Professional Fundraising Fees: $0
Other Salaries and Wages: $210,847
For more financial information, click here
What is the mission statement of Science Olympiad Inc?
Science Olympiad Inc is a non-profit organization committed to enhancing the standard of K-12 science education in the United States. Their mission is threefold: firstly, to stimulate interest in science among both male and female students, as well as underrepresented minorities. Secondly, their goal is to produce a technologically-adept workforce by fostering a strong science background. Lastly, Science Olympiad Inc plays a crucial role in improving the overall quality of science education nationwide.
Who is the CEO of Science Olympiad Inc?
Jennifer Kopach is the Executive Directorceo of Science Olympiad Inc. The CEO's salary of Science Olympiad Inc is $154,729 and their total compensation is $154,729.
What is the revenue of Science Olympiad Inc?
Science Olympiad Inc's revenue in 2022 was $1,456,157.
Who are the executives of Science Olympiad Inc and what are their salaries?
The average compensation at Science Olympiad Inc during 2022 was $82,172. There are 6 employees and 4500 volunteers at Science Olympiad Inc.
Here are 8 key members and their salaries (Science Olympiad Inc's CEO's salary is $154,729 and their total compensation is $154,729):
- Compensation: $154,729
- Related: $0
- Other: $0
- Compensation: $127,455
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Science Olympiad Inc?
Science Olympiad Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Science Olympiad Inc
Science Olympiad Inc, a renowned national non-profit organization, is committed to enhancing the quality of science education for young learners from grades K-12. Its primary mission is to foster a strong interest in science among both males and females, as well as underrepresented minorities. By doing so, Science Olympiad aims to cultivate a future workforce that is technologically literate. The organization strives to achieve these goals by improving the overall standard of science education, thereby inspiring a love for science among the youth.
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Impact
July, 2024
Science Olympiad Inc's impact lies in its dedication to improving the quality of K-12 science education. By fostering interest in science among students of all backgrounds, Science Olympiad plays a crucial role in creating a technologically-literate workforce for the future. The organization's focus on increasing male, female, and minority participation in science ensures a more diverse and inclusive scientific community. Through its activities and programs, Science Olympiad is helping to inspire the next generation of scientific innovators and problem solvers.
This information is meant to be a general summary of 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 2022.
- Investment Income: $148,873
- Program Service Revenue: $178,318
- Gross Receipts: $2,001,867
Assets and Liabilities:
- Total Assets: $7,416,864
- Total Liabilities: $793
- Net Assets: $7,416,071
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE
Revenue
$178,318
Organization Details
Founding Year
1984
Principal Officer
Jennifer Kopach
Main Address
TWO TRANS AM PLAZA DRIVE STE 310, Villa Park, IL, 60181
NTEE Category
Code: U20Z - Science research
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