Florida Science Olympiad Incorporated is located in Orlando, FL. The organization was established in 2004. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Science Olympiad Incorporated 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 12/2022, Florida Science Olympiad Incorporated generated $75.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $64.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE SCIENCE EDUCATION AND PROFESSIONAL DEVELOPMENT. WE RUN AND ORGANIZE K-12 SCIENCE COMPETITIONS. WE HAVE ABOUT 4000 STUDENTS COMPETE IN EIGHT REGIONAL TOURNAMENTS, 1 STATE TOURNAMENT AND 1 NATIONAL TOURNAMENT. WE HAVE ABOUT 1050 VOLUNTEERS IN A COMPETITION YEAR. WE ALSO HAVE WORKSHOPS FOR TEACHERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Mckee President | 10 | $4,000 | |
Achyudhan Kutuva Secretary | 5 | $0 | |
Valerie Ledford Vice President And Treasurer | 10 | $0 | |
Tim Thiesen Director | 5 | $0 | |
Will Mackunis Director | 5 | $0 | |
Amanda Weinrich Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,367 |
Total Program Service Revenue | $51,486 |
Membership dues | $16,520 |
Investment income | $72 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $75,445 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $4,000 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,258 |
Other expenses | $59,679 |
Total expenses | $64,937 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $190,507 |
Other assets | $0 |
Total assets | $192,185 |
Total liabilities | $0 |
Net assets or fund balances | $192,185 |
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