Civic Intelligence

The Rhinebeck Science Foundation Inc.

990 • Fiscal year 2019 • EIN 45-0571765

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 29, 2020

PO Box 508Rhinebeck, NY 12572

(845) 514-6539

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Net Margin

88th percentile

36%

Higher net margin than 88% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Asset Growth

58th percentile

8.3%

Faster asset growth than 58% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

57%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$889,043

Up $68,407 (+8.3%) from 2018

Net Assets

Up

$889,043

Up $68,407 (+8.3%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$189,830

Up $68,608 (+57%) from 2018

Expenses

Up

$121,423

Up $8,608 (+7.6%) from 2018

Net Income

Up

$68,407

Up $60,000 (+714%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2010: $373,205Liabilities 2010: $0Net Assets 2010: $373,2052010Assets 2011: $518,037Liabilities 2011: $0Net Assets 2011: $518,0372011Assets 2012: $509,936Liabilities 2012: $0Net Assets 2012: $509,9362012Assets 2013: $594,203Liabilities 2013: $0Net Assets 2013: $594,2032013Assets 2014: $610,180Liabilities 2014: $0Net Assets 2014: $610,1802014Assets 2015: $597,871Liabilities 2015: $0Net Assets 2015: $597,8712015Assets 2016: $663,564Liabilities 2016: $0Net Assets 2016: $663,5642016Assets 2017: $842,247Liabilities 2017: $0Net Assets 2017: $842,2472017Assets 2018: $820,636Liabilities 2018: $0Net Assets 2018: $820,6362018Assets 2019: $889,043Liabilities 2019: $0Net Assets 2019: $889,0432019Assets 2020: $929,010Liabilities 2020: $0Net Assets 2020: $929,0102020Assets 2021: $926,919Liabilities 2021: $0Net Assets 2021: $926,9192021Assets 2022: $747,974Liabilities 2022: $1,384Net Assets 2022: $746,5902022Assets 2023: $766,541Liabilities 2023: $65Net Assets 2023: $766,4762023Assets 2024: $838,141Liabilities 2024: $74Net Assets 2024: $838,0672024

Highlighted filing

2019

Assets$889,043
Liabilities$0
Net Assets$889,043

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KExpenses 2010: $69,0982010Expenses 2011: $65,2662011Expenses 2012: $174,2402012Revenue 2013: $113,084Expenses 2013: $99,255Net Income 2013: $13,8292013Revenue 2014: $104,220Expenses 2014: $129,982Net Income 2014: -$25,7622014Revenue 2015: $104,067Expenses 2015: $117,122Net Income 2015: -$13,0552015Revenue 2016: $66,382Expenses 2016: $32,401Net Income 2016: $33,9812016Revenue 2017: $110,059Expenses 2017: $57,302Net Income 2017: $52,7572017Revenue 2018: $121,222Expenses 2018: $112,815Net Income 2018: $8,4072018Revenue 2019: $189,830Expenses 2019: $121,423Net Income 2019: $68,4072019Revenue 2020: $160,011Expenses 2020: $120,044Net Income 2020: $39,9672020Revenue 2021: $109,046Expenses 2021: $111,137Net Income 2021: -$2,0912021Revenue 2022: -$58,995Expenses 2022: $16,796Net Income 2022: -$75,7912022Revenue 2023: $40,209Expenses 2023: $107,622Net Income 2023: -$67,4132023Revenue 2024: $31,008Expenses 2024: $31,119Net Income 2024: -$1112024

Highlighted filing

2019

Revenue$189,830
Expenses$121,423
Net Income$68,407
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 29, 2020
Return Version
2019v5.0
Gross Receipts
$1,807,282
Mission and Program Overview

Mission

The organization's mission is to assist in improving the education of students in the areas of science, math and technology. The organization focuses on these areas because the US needs to maintain excellence in these areas to keep pace with the global developments. The money raised by the organization will provide funding to enhance the public education experience in the Rhinebeck school district. The organization provides funding for the purchase of science equipment much needed by the Rhinebeck schools. Equipment will help educate students in the fields of chemistry, environmental science and biology. The organization is also funding math and science fairs in the Rhinebeck schools, and the first phase of an "Eco-Initiative" in conjunction with another organization, the Cary Institute for Ecosystem Studies.

Various projects relating to science education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$820,636$889,043▲ $68,407
Investments in Publicly Traded Securities$639,070$855,825▲ $216,755
Cash and Non-Interest-Bearing Accounts$181,566$33,218▼ $148,348
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$820,636$889,043▲ $68,407
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$820,636$889,043▲ $68,407
Total Liabilities and Net Assets / Fund Balance$820,636$889,043▲ $68,407
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jennifer HammoudPresident
Johnny LehaneVice President
Andrew SchulkindBoard Member
Jennifer BreslinBoard Member
Kyla HartBoard Member
Laurel KempBoard Member
Maureen TerranovaBoard Member
Nathaniel CharneyBoard Member
Sarane O'ConnorBoard Member
Tom VoorhisBoard Member
Kerim KalafalaSecretary
Melissa LehaneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,143
Program Service Revenue
$0
Investment Income
$52,571
Other Revenue
$100,116
All Other Contributions
$37,143
Change in Net Assets
$68,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$101,946
Other Expenses$19,477
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$101,946--$101,946
Office Expenses-$4,860-$4,860
Fees for Services Accounting-$2,000-$2,000
Insurance-$1,675-$1,675
Other Expenses-$1,241-$1,241
Total Functional Expenses$101,946$19,477$0$121,423
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$85,711
Fundraising Direct Expenses$31,507
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
2019 Gala$85,711$85,711$31,507$54,204
Total Events$85,711$85,711$31,507$54,204
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Rhinebeck Science Foundation Inc
EIN
45-0571765
Phone
8455146539
Address
PO BOX 508, RHINEBECK, NY 12572

Signing Officer

Name
Melissa LeHane
Title
Treasurer
Signed
2020-10-29
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
0
Employees
0

Preparer

Firm
Bogush & Grady CPAs LLP
Address
47 West Market Street Suite 3, Rhinebeck, NY 12572-1403
Preparer
John A Grady
Phone
8458764911
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Various other science or educational related projects

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IRS990/MissionDesc0The Rhinebeck Science Foundation is a volunteer-led, non-profit organization consisting of parents, community members and representatives from the school board who believe that our schools are our community's greatest assets.Rhinebeck Science Foundation is dedicated to helping the teachers in our schools who want to do more than they can with the funding they have. We seek to help them create an engaging and exciting learning environment, and to help our students succeed in a world in which science, technology, engineering and math are increasingly a part of every fact of our economy and society, from the arts to zoology.The Rhinebeck Science Foundation seeks to create lasting impact for the Rhinebeck Centract School District and its students. We work with the community, teachers, administrators, the school board, and even students, to create and fund programs, from imaginative pilot programs to larger investments.We favor projects that focus on hands-on learning and innovative teachin
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Investment fees
IRS990/OtherExpensesGrp/Desc1Fees
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08210
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11491
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21241
IRS990/OtherExpensesGrp/TotalAmt08210
IRS990/OtherExpensesGrp/TotalAmt11491
IRS990/OtherExpensesGrp/TotalAmt21241
IRS990/OtherRevenueMiscGrp/Desc0MISC INVEST INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt045912
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt045912
IRS990/OtherRevenueTotalAmt045912
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Various other science or educational related projects
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt026395
IRS990/ProgSrvcAccomActy3Grp/Desc0Rhinebeck High School (RHS) Innovation Lab - Purchased furniture and whiteboards to move the Principles of Engineering class from the BMS tech lab to Room 141 in the math wing, to allow more flexibility in class scheduling.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt014000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt022585
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0100190
IRS990/PYInvestmentIncomeAmt023685
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt012625
IRS990/PYOtherRevenueAmt074952
IRS990/PYRevenuesLessExpensesAmt08407
IRS990/PYTotalExpensesAmt0112815
IRS990/PYTotalRevenueAmt0121222
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt068407
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0820636
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0889043
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt037142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt022585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt038803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt038202
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt034218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0170950
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt052571
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt023684
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012502
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09667
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09609
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0108033
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0357302
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.57900
IRS990ScheduleA/PublicSupportPY170Pct00.75880
IRS990ScheduleA/PublicSupportTotal170Amt0161530
IRS990ScheduleA/SubstantialContributorsTotAmt09420
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt037142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt022585
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt038803
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt038202
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt034218
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0170950
IRS990ScheduleA/TotalSupportAmt0278983
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt031507
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm02019 GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt085711
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt085711
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt085711
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt085711
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt054204
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt031507
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt031507
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Various other science or educational related projects
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0820636
IRS990/TotalAssetsEOYAmt0889043
IRS990/TotalAssetsGrp/BOYAmt0820636
IRS990/TotalAssetsGrp/EOYAmt0889043
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt037143
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019477
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0101946
IRS990/TotalFunctionalExpensesGrp/TotalAmt0121423
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0820636
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0889043
IRS990/TotalOtherProgSrvcExpenseAmt07300
IRS990/TotalProgramServiceExpensesAmt0101946
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt098483
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0189830
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0820636
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0889043
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.38$0.00$8.38$0.31$0.31$0.00
2023Detailed filing. Detailed filing data is available for this year.$7.67$0.00$7.66$0.40$1.08$0.67
2022Detailed filing. Detailed filing data is available for this year.$7.48$0.01$7.47$0.59$0.17$0.76
2021Detailed filing. Detailed filing data is available for this year.$9.27$0.00$9.27$1.09$1.11$0.02
2020Detailed filing. Detailed filing data is available for this year.$9.29$0.00$9.29$1.60$1.20$0.40
2019Detailed filing. Detailed filing data is available for this year.$8.89$0.00$8.89$1.90$1.21$0.68
2018Detailed filing. Detailed filing data is available for this year.$8.21$0.00$8.21$1.21$1.13$0.08
2017Detailed filing. Detailed filing data is available for this year.$8.42$0.00$8.42$1.10$0.57$0.53
2016Detailed filing. Detailed filing data is available for this year.$6.64$0.00$6.64$0.66$0.32$0.34
2015Detailed filing. Detailed filing data is available for this year.$5.98$0.00$5.98$1.04$1.17$0.13
2014Detailed filing. Detailed filing data is available for this year.$6.10$0.00$6.10$1.04$1.30$0.26
2013Detailed filing. Detailed filing data is available for this year.$5.94$0.00$5.94$1.13$0.99$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.10$0.00$5.10$1.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.18$0.00$5.18$0.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.00$3.73$0.69