Civic Intelligence

University of Science & Philosophy

EIN 54-6002462 • 501(c)3 • Waynesboro, VA

Profile

The purpose of the corporation is to teach, publish and otherwise promote the scientific and philosophical theories of walter russell and other members of the twilight club, which included herbert spencer, edwin markham, and alexis carrell.

PO Box 520Waynesboro, VA 22980-0384

www.philosophy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

0.01x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

47th percentile

$42,000

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

76th percentile

17%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

91%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,445,258

Up $637,993 (+17%) from 2023

Liabilities

Up

$10,248

Up $3,397 (+50%) from 2023

Net Assets

Up

$4,435,010

Up $634,596 (+17%) from 2023

Revenue

Up

$1,078,305

Up $514,263 (+91%) from 2023

Expenses

Up

$395,305

Up $105,714 (+37%) from 2023

Net Income

Up

$683,000

Up $408,549 (+149%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $4,283,770Liabilities 2011: $2,676Net Assets 2011: $4,281,0942011Assets 2012: $4,231,604Liabilities 2012: $1,147Net Assets 2012: $4,230,4572012Assets 2013: $4,362,795Liabilities 2013: $19,846Net Assets 2013: $4,342,9492013Assets 2014: $4,337,443Liabilities 2014: $993Net Assets 2014: $4,336,4502014Assets 2015: $4,154,351Liabilities 2015: $774Net Assets 2015: $4,153,5772015Assets 2016: $4,084,226Liabilities 2016: $961Net Assets 2016: $4,083,2652016Assets 2017: $4,157,946Liabilities 2017: $101,599Net Assets 2017: $4,056,3472017Assets 2018: $4,088,800Liabilities 2018: $175,740Net Assets 2018: $3,913,0602018Assets 2019: $4,015,448Liabilities 2019: $176,377Net Assets 2019: $3,839,0712019Assets 2020: $3,700,566Liabilities 2020: $246,527Net Assets 2020: $3,454,0392020Assets 2021: $3,705,364Liabilities 2021: $1,336Net Assets 2021: $3,704,0282021Assets 2022: $3,578,456Liabilities 2022: $1,063Net Assets 2022: $3,577,3932022Assets 2023: $3,807,265Liabilities 2023: $6,851Net Assets 2023: $3,800,4142023Assets 2024: $4,445,258Liabilities 2024: $10,248Net Assets 2024: $4,435,0102024

Highlighted filing

2024

Assets$4,445,258
Liabilities$10,248
Net Assets$4,435,010

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2011: $196,1652011Expenses 2012: $198,4242012Revenue 2013: -$68,353Expenses 2013: $201,028Net Income 2013: -$269,3812013Revenue 2014: $148,614Expenses 2014: $198,519Net Income 2014: -$49,9052014Revenue 2015: $147,202Expenses 2015: $201,020Net Income 2015: -$53,8182015Revenue 2016: $53,522Expenses 2016: $204,300Net Income 2016: -$150,7782016Revenue 2017: -$1,176Expenses 2017: $264,381Net Income 2017: -$265,5572017Revenue 2018: -$123,760Expenses 2018: $256,350Net Income 2018: -$380,1102018Revenue 2019: $220,789Expenses 2019: $305,868Net Income 2019: -$85,0792019Revenue 2020: -$177,314Expenses 2020: $363,349Net Income 2020: -$540,6632020Revenue 2021: $538,487Expenses 2021: $328,327Net Income 2021: $210,1602021Revenue 2022: $260,974Expenses 2022: $285,490Net Income 2022: -$24,5162022Revenue 2023: $564,042Expenses 2023: $289,591Net Income 2023: $274,4512023Revenue 2024: $1,078,305Expenses 2024: $395,305Net Income 2024: $683,0002024

Highlighted filing

2024

Revenue$1,078,305
Expenses$395,305
Net Income$683,000

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.45$0.01$4.44$1.08$0.40$0.68
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.81$0.01$3.80$0.56$0.29$0.27
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.58$0.00$3.58$0.26$0.29$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$0.00$3.70$0.54$0.33$0.21
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$0.25$3.45$0.18$0.36$0.54
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.02$0.18$3.84$0.22$0.31$0.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.09$0.18$3.91$0.12$0.26$0.38
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$0.10$4.06$0.00$0.26$0.27
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$0.00$4.08$0.05$0.20$0.15
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.15$0.00$4.15$0.15$0.20$0.05
2014Detailed filing. Detailed filing data is available for this year.$4.34$0.00$4.34$0.15$0.20$0.05
2013Detailed filing. Detailed filing data is available for this year.$4.36$0.02$4.34$0.07$0.20$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.23$0.00$4.23$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$0.00$4.28$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 23, 2025
Return Version
2024v5.0
Gross Receipts
$1,333,205
Mission and Program Overview

Mission

The purpose of the corporation is to publish, teach and otherwise promote the scientific and philosophical concepts of walter and lao russell, and other members of the twilight club, which included herbert spencer, edwin markham, and alexis carrell.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,874,441$2,412,030▲ $537,589
Investments in Publicly Traded Securities$407,960$507,570▲ $99,610
Inventories for Sale or Use$420,464$414,375▼ $6,089
Cash and Non-Interest-Bearing Accounts$70,153$42,388▼ $27,765
Savings and Temporary Cash Investments-$30,079-
Accounts Receivable$1,588$6,157▲ $4,569
Total Assets$3,807,265$4,445,258▲ $637,993
Other Assets Total$1,032,659$1,032,659→ $0
Liabilities
Accounts Payable and Accrued Expenses$5,587$8,494▲ $2,907
Other Liabilities$1,264$1,754▲ $490
Total Liabilities$6,851$10,248▲ $3,397
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,352,123$2,986,719▲ $634,596
Net Assets With Donor Restrictions$1,448,291$1,448,291→ $0
Total Net Assets Fund Balance$3,800,414$4,435,010▲ $634,596
Total Liabilities and Net Assets / Fund Balance$3,807,265$4,445,258▲ $637,993

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,714,791$150,025$1,864,816
Land$697,239-$697,239
Equipment-$6,189$6,189
Other Land Buildings-$767$767
Other Assets Org$5,970--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$115,597-▲ $2,183-$117,780
2023$124,522-▼ $8,925-$115,597
2022$126,385-▼ $1,863-$124,522
2021$123,345-▲ $3,040-$126,385
2020-$122,845▲ $500-$123,345
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Adrianne BoyerTreasurerFT$42,000$42,000

Board Members and Trustees

NameTitle
Matthew PrestiBoard Chairm
Richard a DulaneyPresident
Margaret RuheVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$143,249
Program Service Revenue
$82,762
Investment Income
$775,613
Other Revenue
$76,681
All Other Contributions
$143,249
Change in Net Assets
$683,000

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Miscellaneous2$78,574
Total Noncash Contributions2$78,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$233,238
Salaries, Compensation, and Employee Benefits$162,067
Total Fundraising Expense$9,200
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$126,096$15,000$9,200$150,296
Office Expenses$62,316$3,043-$65,359
Occupancy$34,726$13-$34,739
Depreciation Depletion$33,324--$33,324
Insurance$23,367$1,784-$25,151
Fees for Services Accounting-$17,391-$17,391
Advertising$13,210--$13,210
Fees for Services Other$11,877--$11,877
Payroll Taxes$8,240$3,531-$11,771
Conferences and Meetings$9,542--$9,542
Information Technology$1,913$1,914-$3,827
Other Expenses$1,520$1,631-$1,520
Fees for Services Legal-$1,500-$1,500
All Other Expenses$1$160-$161
Interest$158--$158
Total Functional Expenses$340,138$45,967$9,200$395,305
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$1,000
Sales Tax Payable$679
Gift Card Outstanding$75
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The corporation's president and treasurer are provided with a copy of the form 990 prior to filing. The board members are provided with a copy of the return by mail for review prior to the first board meeting which follows the filing date.

Form 990, Page 6, Part VI, Line 12C

Any conflicts of interest which might be identified are placed on the agenda for the annual board meeting and discussed as an item of business by the directors for appropriate resolution. To date, no conflicts of interest have been identified.

Form 990, Page 6, Part VI, Line 15A

Compensation of the president is reviewed at the annual board meeting. Compensation is compared with salary survey information available from the nonprofit sector as reported by payscale.com or other sources. All compensation is reviewed and approved by the board of directors at the annual meeting.

Form 990, Page 6, Part VI, Line 15B

All compensation is set by the board of directors after review. There is only one officer who is compensated, which is the president/ceo, and there are only three other employees.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available by written request to the office of the president.

Filing and Contact Details

Filer

Filer Name
University of Science & Philosophy
EIN
54-6002462
Phone
8008825683
Address
PO BOX 520, WAYNESBORO, VA 22980-0384

Signing Officer

Name
Richard a Dulaney
Title
President
Phone
8008825683
Signed
2025-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard a Dulaney
Formed
1948
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
3
Employees
4

Preparer

Firm
Warren and Koss Pc
Address
19 N BROAD ST, SALEM, VA 24153
Preparer
David C Warren
Phone
5403752883
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of the corporation is to publish, teach and otherwise promote the scientific and philosophical concepts of walter and lao russell, and other members of the twilight club, which included herbert spencer, edwin markham, and alexis carrell.

Form 990, Page 2, Part III, Line 4A

The university provides a unique education and curriculum on the study of universal law, natural science and the living philosophy of dr. Walter and lao russell, extended from the original conception of the twilight club, which focused on the character building of humanity overall. The curriculum consists of home study courses, books and booklets, classes, conferences, guest speakers, museum tours, and other events. The university sells each year approximately 300 home study courses, fulfills 6,000 orders for books and booklets resulting in shipments of more than 10,000 books. The university receives phone calls and written correspondence from approximately 1,000 persons interested in learning more about the curriculum and its offerings. The university maintains a website which receives approximately 150,000 visitors from 150 countries or territories yearly.

Financial Statement Notes

Schedule D, Page 2, Part III, Line 4

The collection includes works of walter russell demonstrating scientific principles of energy and magnetism as well as sculptures and portrait busts. At age 56 he turned to sculpture and fashioned portrait busts of thomas edison, mark twain, general macarthur, john philip sousa, ossip gabrilowitsch, charles goodyear, george gershwin and others. He rose to top rank as a sculptor. He won the commissions for the mark twain memorial (1934) and for president franklin d. Roosevelt's four freedoms monument (1943). Russell copyrighted a spiral shaped periodic chart of the elements in 1926.

Raw XML AppendixShowing 400 of 437 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COLLECTION INCLUDES WORKS OF WALTER RUSSELL DEMONSTRATING SCIENTIFIC PRINCIPLES OF ENERGY AND MAGNETISM AS WELL AS SCULPTURES AND PORTRAIT BUSTS. AT AGE 56 HE TURNED TO SCULPTURE AND FASHIONED PORTRAIT BUSTS OF THOMAS EDISON, MARK TWAIN, GENERAL MACARTHUR, JOHN PHILIP SOUSA, OSSIP GABRILOWITSCH, CHARLES GOODYEAR, GEORGE GERSHWIN AND OTHERS. HE ROSE TO TOP RANK AS A SCULPTOR. HE WON THE COMMISSIONS FOR THE MARK TWAIN MEMORIAL (1934) AND FOR PRESIDENT FRANKLIN D. ROOSEVELT'S FOUR FREEDOMS MONUMENT (1943). RUSSELL COPYRIGHTED A SPIRAL SHAPED PERIODIC CHART OF THE ELEMENTS IN 1926.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART III, LINE 4
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE UNIVERSITY'S NONDISCRIMINATION POLICY IS PUBLICIZED ON ITS INTERNET WEB PAGES AND ALSO IS DESCRIBED IN EDUCATIONAL MATERIALS PROVIDED TO STUDENTS DURING THE REGISTRATION PERIOD WITHIN THE WRITTEN REGISTRATION MATERIALS AND THROUGH COMMUNICATION WITH INDIVIDUAL APPLICANTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE CORPORATION IS TO PUBLISH, TEACH AND OTHERWISE PROMOTE THE SCIENTIFIC AND PHILOSOPHICAL CONCEPTS OF WALTER AND LAO RUSSELL, AND OTHER MEMBERS OF THE TWILIGHT CLUB, WHICH INCLUDED HERBERT SPENCER, EDWIN MARKHAM, AND ALEXIS CARRELL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE UNIVERSITY PROVIDES A UNIQUE EDUCATION AND CURRICULUM ON THE STUDY OF UNIVERSAL LAW, NATURAL SCIENCE AND THE LIVING PHILOSOPHY OF DR. WALTER AND LAO RUSSELL, EXTENDED FROM THE ORIGINAL CONCEPTION OF THE TWILIGHT CLUB, WHICH FOCUSED ON THE CHARACTER BUILDING OF HUMANITY OVERALL. THE CURRICULUM CONSISTS OF HOME STUDY COURSES, BOOKS AND BOOKLETS, CLASSES, CONFERENCES, GUEST SPEAKERS, MUSEUM TOURS, AND OTHER EVENTS. THE UNIVERSITY SELLS EACH YEAR APPROXIMATELY 300 HOME STUDY COURSES, FULFILLS 6,000 ORDERS FOR BOOKS AND BOOKLETS RESULTING IN SHIPMENTS OF MORE THAN 10,000 BOOKS. THE UNIVERSITY RECEIVES PHONE CALLS AND WRITTEN CORRESPONDENCE FROM APPROXIMATELY 1,000 PERSONS INTERESTED IN LEARNING MORE ABOUT THE CURRICULUM AND ITS OFFERINGS. THE UNIVERSITY MAINTAINS A WEBSITE WHICH RECEIVES APPROXIMATELY 150,000 VISITORS FROM 150 COUNTRIES OR TERRITORIES YEARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION'S PRESIDENT AND TREASURER ARE PROVIDED WITH A COPY OF THE FORM 990 PRIOR TO FILING. THE BOARD MEMBERS ARE PROVIDED WITH A COPY OF THE RETURN BY MAIL FOR REVIEW PRIOR TO THE FIRST BOARD MEETING WHICH FOLLOWS THE FILING DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY CONFLICTS OF INTEREST WHICH MIGHT BE IDENTIFIED ARE PLACED ON THE AGENDA FOR THE ANNUAL BOARD MEETING AND DISCUSSED AS AN ITEM OF BUSINESS BY THE DIRECTORS FOR APPROPRIATE RESOLUTION. TO DATE, NO CONFLICTS OF INTEREST HAVE BEEN IDENTIFIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF THE PRESIDENT IS REVIEWED AT THE ANNUAL BOARD MEETING. COMPENSATION IS COMPARED WITH SALARY SURVEY INFORMATION AVAILABLE FROM THE NONPROFIT SECTOR AS REPORTED BY PAYSCALE.COM OR OTHER SOURCES. ALL COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL COMPENSATION IS SET BY THE BOARD OF DIRECTORS AFTER REVIEW. THERE IS ONLY ONE OFFICER WHO IS COMPENSATED, WHICH IS THE PRESIDENT/CEO, AND THERE ARE ONLY THREE OTHER EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE BY WRITTEN REQUEST TO THE OFFICE OF THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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