Talcott Mountain Science Center For Student Involvement Inc
- Assets
- $6.5m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 44
- Location
- Avon, CT
- Founding
- 06/1970
- Data as of
- 08/2020
- EIN
- 06-0860469
Organization Overview
Talcott Mountain Science Center For Student Involvement Inc is located in Avon, CT. The organization was established in 1970. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. As of 08/2021, Talcott Mountain Science Center For Student Involvement Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Talcott Mountain Science Center For Student Involvement Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2020, Talcott Mountain Science Center For Student Involvement Inc generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $1.6m during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRING TODAY'S CHILDREN TO INVENT TOMORROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TALCOTT MOUNTAIN SCIENCE CENTER PROVIDES A VITAL INTERFACE BETWEEN CURRENT SCIENTIFIC PRINCIPLES AND TECHNOLOGIES AS THEY APPLY TO SCIENCE EDUCATION. THE SCIENCE CENTER CONDUCTS SCIENTIFIC STUDIES FOR VARIOUS GOVERNMENTAL ENTITIES AND FOR USE IN THE PUBLIC DOMAIN.
TALCOTT MOUNTAIN ACADEMY FUNCTIONS AS A CO-EDUCATIONAL, INDEPENDENT DAY SCHOOL FOR STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHT WITH A CIRRICULUM THAT EMPHASIZES SCIENCE AND MATH. SINCE 1983, TMA HAS OFFERED AN EXCITING, MULTI-FACETED AND INTEGRATED CURRICULUM WHICH IS DEDICATED TO PREPARING INTELLECTUALLY EXCITED YOUNG PEOPLE FOR A FULL AND PRODUCTIVE LIFE IN A TECHNOLOGICALLY ORIENTED WORLD. THE DIVERSE STUDENT BODY IS RACIALLY AND CULTURALLY MIXED WITH A RATIO OF STUDENTS TO TEACHERS OF LESS THAN 8:1. TMA UNIQUELY INTEGRATES LIBERAL & FINE ARTS INTO AN UNPARALLELED STEM-BASED CURRICULUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Craig Executive Di | Officer | 40 | $109,000 |
Rhonda Bird Chair | OfficerTrustee | 5 | $0 |
Arnold Chase Treasurer | OfficerTrustee | 0.5 | $0 |
Thomas Rechen ESQ Vice Chair | OfficerTrustee | 0.5 | $0 |
Francis Hursey Secretary | OfficerTrustee | 0.5 | $0 |
William Don Wilson Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $319,817 |
| Investment income | $820 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $78,121 |
| Net Gain/Loss on Asset Sales | $80,157 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,706,549 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,602 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $940,142 |
| Pension plan accruals and contributions | $26,481 |
| Other employee benefits | $49,009 |
| Payroll taxes | $78,467 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,881 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $150 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,458 |
| Office expenses | $37,738 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $172,841 |
| Travel | $518 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,095 |
| All other expenses | $0 |
| Total functional expenses | $1,615,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,031 |
| Savings and temporary cash investments | $84,894 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65,574 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $118,798 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,484,905 |
| Accounts payable and accrued expenses | $48,190 |
| Grants payable | $0 |
| Deferred revenue | $628,256 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $489,769 |
| Unsecured mortgages and notes payable | $252,804 |
| Other liabilities | $7,462 |
| Total liabilities | $1,426,481 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $5,058,424 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Talcott Mountain Science Center For Student Involvement Inc has recieved totaling $7,976.
| Awarding Organization | Amount |
|---|---|
Hartford Foundation For Public Giving Hartford, CT PURPOSE: SCHOLARSHIPS | $7,612 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $364 |
Endowment Analysis
| Beg. Balance | $73,447 |
| Earnings | $75 |
| Ending Balance | $73,522 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Science Foundation New York, NY | $13,088,749 | $7,478,619 |
Earthwatch Institute Inc Newton, MA | $7,504,527 | $5,695,996 |
Consortium Of Universities For The Advangement Of Hydrologic Science Arlington, MA | $1,281,994 | $3,411,745 |
Mental Health Empowerment Project Inc Albany, NY | $1,208,283 | $2,548,134 |
Tricontinental Ltd Northampton, MA | $11,768,308 | $1,563,413 |
Talcott Mountain Science Center For Student Involvement Inc Avon, CT | $6,484,905 | $1,706,549 |
New England Complex Systems Institute Inc Cambridge, MA | $489,889 | $1,033,177 |
Heffter Research Institute Greenwich, CT | $1,949,890 | $972,818 |
Rhode Island Natural History Survey Kingston, RI | $553,768 | $736,991 |
Ahepa 110-Iii Inc Norwich, CT | $2,647,292 | $417,798 |
American Center For Optics Manufacturing Inc Rochester, NY | $449,823 | $886,662 |
Shevchenko Scientific Society Inc New York, NY | $8,998,987 | $475,035 |