Science Fun for Everyone Inc

Nonprofit profile at a glance

EIN
451668287
IRS 990 coverage
2012–2023
Forms available
Form 990 2023
Location
Cary, NC, USA
Phone
9194605800
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$580,078
Expenses
$599,783
Assets
$36,110
Liabilities
$296,561

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • KRISLYN WILLIAMS (PRESIDENT)

Highest reported compensation

  • KRISLYN WILLIAMS (PRESIDENT): $27,241 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To make science fun and accessible for everyone through innovative programs like 'choose your own science adventures: hands-on science fun labs-in-a-box,' our in-school science programs, after-school programs, science camps, and more! We're dedicated to fostering a love of exploration and nurturing future innovators in a fun, engaging, and inclusive environment that transcends all socioeconomic barriers.

What it reported doing in 2023

On-demand science - choose your own science adventures! - the 'choose your own science adventures!' program offers on-demand virtual science field trips with personalized kits and engaging video instructions. In 2023, we enhanced our entire lineup, producing 41 new programs aligned with updated state curriculum standards. We also provided 270 student scholarship fee waivers (valued at $12 each, totaling $3,240) to students from low-income families, making sure equal access to our educational content. We reached over 17 states, prioritizing quality and deeper engagement. Despite financial and logistical challenges post-pandemic, our commitment to expanding nationwide remains strong. We are prioritizing underserved rural schools, increasing tailored programming for special needs students, and bringing new offerings to children's hospitals. By doing so, we aim to make hands-on science experiences accessible to all children, stimulating curiosity and a love for learning in every student we reach.

Operating model

Revenue model
Other-operating. 70% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 21
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.1%; rating input score 72
  • Program expense ratio: 69.8%; rating input score 70
  • Fundraising efficiency: $9.03 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.4%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 8.21; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 4.5%; rating input score 55; 55th percentile among comparable filings

Growth

  • Program expense growth: 0.1% per year; rating input score 100; 20th percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 21st percentile among comparable filings
  • Asset growth: 7.5% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 72.1% of revenue deployed · 69.8% of spending went to programs
  • Governance: 3 of 3 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $418K in reported program spending
  • Leadership: top reported pay $27K · 3 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2012 to 2023
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 55/100.