Science Fun for Everyone Inc

“A draft of the form 990 was distributed to all voting board members via email prior to filing. Board members were given the opportunity to review the form and provide feedback, and no objections or changes were raised. This process will be part of our standard practice moving forward to ensure full transparency and good governance.”

“At the annual board meeting, we vote to accept all member's conflict of interest agreements (signed and dated) and to accept any member's description of possible conflict of interest.”

“The fair market value of compensation of organization's president, executive director, or top management official and others, is determined based on comparable data.”

“The organization makes its documents available to the public upon reasonable request. Form 990s are available on websites such as irs.gov and guidestar.org”

“In 2023, our nonprofit provided a total of $4,988 in scholarships to 322 students to support underprivileged students and schools. These scholarships allowed participants to attend our hands-on science programs and camps, despite financial barriers. Recipients were selected based on demonstrated financial need and a commitment to learning. Our scholarship program helps make sure that all children, regardless of their economic background, have the opportunity to benefit from engaging, educational science experiences. The following is the summary of the scholarship details: on-demand science program: 270 student fee waivers at $12 each, totaling $3,240; in-school hands-on field trips: 50 student fee waivers at $15 each, totaling $750; science camps: 2 full camp scholarships at $499 each, totaling $998; total scholarships given: 322 students, totaling $4,988.”

“Over the past few years, our organization has faced significant financial challenges due to several factors. The covid-19 pandemic led to the loss of 15 full-time teachers, and the difficulty in rehiring staff in the education sector impacted our operations. During this time, we also focused on developing new science programs, relocated to a new lab, and established a virtual recording studio, all of which added to our costs. Additionally, we had to adapt to major curriculum changes in north carolina, florida, and other states. These combined challenges resulted in decreased income from grants, donations, and program fees, while increasing our credit card balances and loans. Despite these setbacks, we are actively working to rebuild our financial health through strengthening funding efforts, improving program efficiency, and carefully managing our expenses. We are committed to overcoming these challenges and positioning the organization for long-term sustainability.”