Overview
What is Explorationworks Inc?
Explorationworks Inc, based in Helena, Montana, is a dedicated nonprofit institution. Its primary focus lies in fostering a lifelong love for science among children and adults, contributing to the enrichment of Montana's future. With STEM (Science, Technology, Math, and Engineering) at the core, it offers engaging exhibits, field trips, after-school programs, preschool programs, and summer camps. These initiatives aim to prepare children for potential STEM careers and make science a comfortable part of daily life for everyone. Explorationworks serves the needs of Lewis and Clark, Broadwater, and Jefferson County kids and families in three main areas: early childhood, science and technology, and making healthy living choices. The organization typically welcomes approximately 38,000 visitors each year and offers numerous opportunities for youth participation in summer camps and after-school classes, ensuring accessibility through scholarships and free admission days, regardless of economic circumstances. With a workforce of 36 individuals, Explorationworks Inc is dedicated to igniting a passion for science and shaping Montana's future.
Official website here: www.explorationworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Explorationworks Inc has achieved a commendable Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. With an overall score of 80%, the organization demonstrates robust governance practices, including a fully independent board and comprehensive financial oversight. The charity has implemented essential policies, such as conflict of interest and whistleblower protections, which contribute positively to its accountability framework.
The nonprofit's financial health is relatively strong, highlighted by a low liabilities to assets ratio of 3.09%. This indicates effective management of its resources, minimizing financial risks. Additionally, the organization allocates over 60% of its expenses directly to its programs, signaling a commitment to fulfilling its mission and delivering impact.
However, the program expense ratio of 60.11% suggests that there may be room for improvement in the efficiency of resource allocation toward programmatic activities. Overall, while Explorationworks Inc displays strong governance and financial accountability, enhancing program spending could further elevate its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Explorationworks Inc legitimate?
Explorationworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Explorationworks 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: $156,545
Professional Fundraising Fees: $0
Other Salaries and Wages: $300,534
For more financial information, click here
Official website here: www.explorationworks.org
What is the mission statement of Explorationworks Inc?
Explorationworks Inc's mission is focused on fostering a lifelong love for science, aiming to enrich future generations. Recognizing the significance of STEM (Science, Technology, Mathematics, and Engineering) in shaping the future, Explorationworks Inc provides engaging exhibits, programs, and partnerships to cater to the needs of children and families across various age groups. These initiatives encourage young learners, as young as two, to explore STEM fields, ultimately preparing them for potential careers in these sectors. Furthermore, the organization hosts a variety of educational programs, including summer camps, after-school classes, and field trips, to spark interest in science and make it a relatable part of daily life for individuals of all ages. Scholarships and free admission days ensure equal access to these opportunities, regardless of economic circumstances.
Official website here: www.explorationworks.org
Who is the CEO of Explorationworks Inc?
Heather O'Neill is the Chair of Explorationworks Inc.
Official website here: www.explorationworks.org
What is the revenue of Explorationworks Inc?
Explorationworks Inc's revenue in 2022 was $728,517.
Official website here: www.explorationworks.org
Who are the executives of Explorationworks Inc and what are their salaries?
The average compensation at Explorationworks Inc during 2022 was $12,697. There are 36 employees and 35 volunteers at Explorationworks Inc.
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- Compensation: $110,109
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- Compensation: $46,435
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Official website here: www.explorationworks.org
Where can I find the form 990 for Explorationworks Inc?
Explorationworks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.explorationworks.org
Learn more at the official website: www.explorationworks.org
Mission Statement of Explorationworks Inc
Explorationworks Inc, a nonprofit organization, is dedicated to igniting a lifelong love for science with the aim of enriching the future of Montana. Recognizing the significance of STEM (Science, Technology, Mathematics, and Engineering) in shaping the future, Explorationworks Inc focuses on nurturing curiosity in young learners as young as two, potentially preparing them for STEM careers if they so choose. Beyond children, Explorationworks Inc strives to make science a comfortable and integral part of everyday life for individuals of all ages.
The nonprofit accomplishes its mission through engaging exhibits, exceptional programs, and enduring partnerships. These efforts are tailored to meet the needs of children and families in three educational areas: early childhood, science and technology, and making healthy living choices. By welcoming approximately 38,000 visitors each year, providing scholarships and free admission days, and offering summer camps and after-school classes, Explorationworks Inc ensures that science education is accessible to all, regardless of economic circumstances. With a mission deeply rooted in educational excellence, Explorationworks Inc has the potential to spark the imagination and curiosity of a new generation of scientists and innovators, enriching the future of Montana in the process.
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Impact
July, 2024
ExplorationWorks Inc ignites a lifelong love for science to enrich Montana's future by offering STEM exhibits, field trips, after-school programs, preschool programs, and summer camps for kids of all ages. Their focus on educational excellence helps children as young as 2 prepare for STEM careers and fosters comfort with science in daily life for individuals of all ages. With engaging exhibits, exceptional programs, and enduring partnerships, ExplorationWorks serves Lewis and Clark, Broadwater, and Jefferson counties, typically welcoming about 38,000 people annually. Over 700 youth participate in their summer camp and after-school classes, with scholarships and free admission days ensuring accessibility for all, regardless of economic circumstances. Their mission to ignite a passion for science is a valuable contribution to the community and supports the development of a skilled workforce in STEM fields.
This information is meant to be a general summary of Explorationworks 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: $1,068
- Program Service Revenue: $260,091
- Gross Receipts: $780,532
Assets and Liabilities:
- Total Assets: $1,548,217
- Total Liabilities: $47,919
- Net Assets: $1,500,298
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM AND ADMISSION
Revenue
$248,454
EXHIBIT INCOME
Revenue
$11,637
Organization Details
Founding Year
2000
Phone
(406) 457-1800Principal Officer
Heather O'Neill
Main Address
995 CAROUSEL WAY, HELENA, MT, 59601
Website
www.explorationworks.orgNTEE Category
Code: P99 - Human services
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