Childrens Center For Science & Technology Endowment Fund
- Assets
- $918.8k
- Revenue
- $76.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Youngstown, OH
- Founding
- 05/2012
- Data as of
- 12/2022
- EIN
- 45-4467354
Organization Overview
Childrens Center For Science & Technology Endowment Fund is located in Youngstown, OH. The organization was established in 2012. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Center For Science & Technology Endowment Fund 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, Childrens Center For Science & Technology Endowment Fund generated $76.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $170.8k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE "FUND" IS ESTABLISHED AS A SUPPORTING ORGANIZATION TO RECEIVE, INVEST AND MANAGE A PERMANENT ENDOWMENT FOR THE BENEFIT OF OH WOW! THE ROGER & GLORIA JONES CHILDREN'S CENTER FOR SCIENCE AND TECHNOLOGY, AN OHIO NON-PROFIT CORPORATION WHICH IS TAX EXEMPT UNDER IRS CODE 501 (C) (3). THE CENTER OPERATES A SCIENCE AND TECHNOLOGY CENTER WITH HANDS-ON INTERACTIVE EXHIBITS AND EDUCATIONAL PROGRAMS FOR CHILDREN. THE CODE OF REGULATION OF THE FUND PROVIDES THAT THE PURPOSE OF THE FUND IS TO PROVIDE AN ENDOWMENT FOR THE SUPPORT OF THE CENTER. DISTRIBUTIONS MADE FROM THE FUND TO THE CENTER ARE TO USED TO PAY FOR CAPITAL IMPROVEMENTS, RESTORATIONS OR REPAIRS TO ASSETS OWNED BY THE CENTER, OR TO REPAIR RESTORE, OR REBUILD ANY PORTION OF THE CENTER FACILITES WHICH HAVE BEEN DAMAGED DUE TO ANY CASULTY OR LOSS NOT COVERED BY INSURANCE. THE CENTER MADE THE INITIAL CONTRIBUTION TO THE FUND FROM ITS ENDOWMENT ASSETS. ADDITIONAL DONATIONS WILL BE MADE BY INDIVIDUAL DONORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDREN'S CENTER FOR SCIENCE AND TECHNOLOGY ENDOWMENT FUND (THE FUND) HAS BEEN ESTABLISHED AS A SUPPORTING ORGANIZATION TO RECEIVE, INVEST AND MANAGE A PERMANENT ENDOWMENT FOR THE BENEFIT OF OH WOW! THE ROGER & GLORIA JONES CHILDREN'S CENTER FOR SCIENCE AND TECHNOLOGY (THE CENTER), AN OHIO NON-PROFIT CORPORATION WHICH IS TAX EXEMPT UNDER THE INTERNAL REVENUE CODE SECTION 501 (C) (3) AND IS OTHER THAN A PRIVATE FOUNDATION UNDER IRC 170 (B) (1) (A) (VI). THE CENTER OPERATES A SCIENCE AND TECHNOLOGY CENTER WITH HANDS-ON INTERACTIVE EXHIBITS AND EDUCATIONAL PROGRAMS FOR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wiley Runnestrand Chair | OfficerTrustee | 1 | $0 |
Nils Johnson Secretary | OfficerTrustee | 1 | $0 |
Tim Petrey Treasurer | OfficerTrustee | 1 | $0 |
Daniel Betts Director | Trustee | 1 | $0 |
David Jones Director | Trustee | 1 | $0 |
Mary June Tartan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,000 |
| Total Program Service Revenue | $0 |
| Investment income | $22,820 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$21,203 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $76,617 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $160,591 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,802 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $200 |
| Total functional expenses | $170,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,190 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $906,623 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $918,813 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $918,813 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $918,813 |