New Science Research Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 861682051 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is New Science Research Inc?

New Science Research Inc is a nonprofit organization based in San Francisco, California, with a focus on fostering scientific breakthroughs. They achieve this by empowering the upcoming generation of scientists through fellowship programs. These fellowships offer financial support, project funding, healthcare coverage, access to a network of scientists, and personalized assistance. The fellowships are designed to maximize the fellows' potential to advance groundbreaking, pre-paradigmatic research in the basic life sciences. New Science Research Inc aims to build 21st-century institutions of basic science, providing a platform for young scientists to explore innovative ideas that may be difficult to fund through traditional grants. In 2022, six fellows carried out projects spanning various fields, including recreating functional chloroplasts and developing therapies for SARS viruses. The organization currently employs a team of five individuals.


Official website here: www.newscience.org

Is New Science Research Inc legitimate?

New Science Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Science Research 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: $108,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $216,238

For more financial information, click here


Official website here: www.newscience.org

What is the mission statement of New Science Research Inc?

New Science Research Inc's mission is centered around facilitating scientific breakthroughs. They accomplish this by empowering the next generation of scientists and building 21st-century institutions for basic science. Through their fellowship programs, they provide talented young scientists with the resources necessary to pursue ambitious, early-stage ideas in the life sciences. The one-year fellowships offer stipends, project funding, healthcare coverage, access to a network of scientists, and customized support, allowing fellows to maximize their potential for high-impact, pre-paradigmatic research. Additionally, New Science Research Inc offers fully-funded summer research fellowships for young scientists to pursue proof-of-concept projects that would be challenging to fund through traditional grants. This program aims to give fellows independence to expand their research ambitions and learn about alternative research structures.


Official website here: www.newscience.org

Who is the CEO of New Science Research Inc?

Alexey Guzey is the President of New Science Research Inc.


Official website here: www.newscience.org

What is the revenue of New Science Research Inc?

New Science Research Inc's revenue in 2022 was $793,401.


Official website here: www.newscience.org

Who are the executives of New Science Research Inc and what are their salaries?

The average compensation at New Science Research Inc during 2022 was $65,044. There are 5 employees and 1 volunteer at New Science Research Inc.


Here are 3 key members and their salaries:


Alexey Guzey (President)
  • Compensation: $108,979
  • Related: $0
  • Other: $16,659
Mark Lutter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Marblestone (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newscience.org

Where can I find the form 990 for New Science Research Inc?

New Science Research Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newscience.org

Learn more at the official website: www.newscience.org

Mission Statement of New Science Research Inc

New Science Research Inc, a renowned organization, is committed to facilitating scientific breakthroughs by empowering the next generation of scientists and building the 21st century institutions of basic science. Their mission is twofold: firstly, to empower young scientists by providing them with the necessary resources and support to pursue ambitious, early-stage ideas in the basic life sciences. This is achieved through offering one-year fellowships, which provide stipends, project funding, healthcare coverage, access to New Science's network of scientists, and customized support. The goal is to give these fellows maximal leverage to advance high-potential, pre-paradigmatic research.

Secondly, New Science Research Inc aims to build the institutions of basic science for the 21st century. They do this by providing fully-funded summer research fellowships for young scientists to pursue proof-of-concept research projects based on early-stage ideas that would be difficult to fund through traditional grants. In 2022, for instance, six fellows worked on projects ranging from recreating functional chloroplasts to developing therapeutics for SARS viruses. The objective is to give these fellows independence to expand their research ambitions and learn about alternative research structures.

In summary, New Science Research Inc is an organization dedicated to fostering scientific innovation by nurturing the next generation of scientists and creating the institutions necessary for breakthroughs in basic science. They achieve this through providing fellowships and research opportunities that empower young scientists and challenge them to push the boundaries of their research ambitions.

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Impact




July, 2024

New Science Research Inc has made a significant impact by facilitating scientific breakthroughs through empowering the next generation of scientists and building 21st-century institutions of basic science. This impact is achieved through providing one-year fellowships for talented young scientists to pursue ambitious, early-stage ideas in the basic life sciences. Each fellow receives a stipend, project funding, healthcare coverage, access to New Science's network of scientists, and customized support. This enables fellows to advance high-potential, pre-paradigmatic research with maximal leverage.

Additionally, New Science Research Inc provides fully-funded summer research fellowships for young scientists to pursue proof-of-concept research projects based on early-stage ideas that may be challenging to fund through traditional grants. In 2022, six fellows worked on projects ranging from recreating functional chloroplasts to developing therapeutics for SARS viruses. These summer fellowships aim to give young scientists independence to expand their research ambitions and learn about alternative research structures.

Through these initiatives, New Science Research Inc is nurturing the next generation of scientific leaders and supporting innovative research that has the potential to drive important discoveries and advancements in basic science.




This information is meant to be a general summary of New Science Research 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.

Revenue
$793,401 (2022)
Expenses
$1,240,609 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$532,537
  • Gross Receipts: $1,528,988

Assets and Liabilities:

  • Total Assets: $933,112
  • Total Liabilities: $0
  • Net Assets: $933,112

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Organization Details

Founding Year

2021

Principal Officer

Alexey Guzey

Main Address

2 EMBARCADERO CENTER 8TH FLOOR, SAN FRANCISCO, CA, 94111

NTEE Category

Code: B90 - Education

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