Aries Scientific
- Assets
- $22.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Springs, MD
- Founding
- 03/2011
- Data as of
- 12/2019
- EIN
- 20-2975272
Organization Overview
Aries Scientific is located in Silver Springs, MD. The organization was established in 2011. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aries Scientific 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 12/2019, Aries Scientific generated $54.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $50.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
R&D
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis A Mayo President | 15 | $36,000 | |
Michael T Skinner Treasurer | 7 | $10,200 | |
Dr Timothy Eastman Vice President | 0 | $0 | |
Dr Kirk Borne Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,515 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,515 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,200 |
| Professional fees and other payments to independent contractors | $668 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,534 |
| Total expenses | $50,402 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,590 |
| Other assets | $0 |
| Total assets | $22,590 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,590 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aries Scientific has recieved totaling $27,963.
| Awarding Organization | Amount |
|---|---|
Seti Institute Mountain View, CA PURPOSE: RESEARCH | $27,963 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Nationals Philanthropies Washington, DC | $8,857,322 | $4,334,499 |
Peaceplayers International Washington, DC | $2,663,713 | $3,827,781 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Service Year Exchange Inc Washington, DC | $7,358,910 | $7,347,919 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Breakfree Education Columbia, MD | $2,710,082 | $3,378,734 |
Us Dream Academy Inc Silver Spring, MD | $1,470,975 | $3,095,850 |
Gwens Girls Incorporated Pittsburgh, PA | $4,688,036 | $4,701,406 |
The Philadelphia Education Fund Philadelphia, PA | $9,790,760 | $3,554,527 |
Federation Of Neighborhood Centers Inc Philadelphia, PA | $1,729,927 | $3,084,929 |
Skillsusa Foundation Inc Leesburg, VA | $0 | $2,681,875 |
Youth Enrichment Programs Philadelphia, PA | $1,767,066 | $2,866,479 |