Science & Environmental Policy Project
- Assets
- $3.4m
- Revenue
- $115.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, VA
- Founding
- 11/1994
- Data as of
- 12/2023
- EIN
- 54-1645372
Organization Overview
Science & Environmental Policy Project, operating under the name Sepp, is located in Springfield, VA. The organization was established in 1994. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sepp 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 12/2023, Sepp generated $115.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $140.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT SCIENTIFIC AND PUBLIC POLICY RESEARCH ABOUT ENVIRONMENTAL ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF THE THIRD EDITION OF SEPP FOUNDER DR. S FRED SINGER'S BOOK "HOT TALK, COLD SCIENCE". RECEIVED ROYALTIES FROM PUBLISHER. ORGANIZATION AND REVIEW OF DR. SINGER'S COLLECTED SCIENTIFIC PAPERS.
SEPP DIRECTORS TOM SHEAHEN, KEN HAAPALA AND HOWARD HAYDEN REPRESENTED THE ORGANIZATION AT VARIOUS INTERNATIONAL CONFERENCES ON CLIMATE CHANGE AND ENVIRONMENTAL POLICY.
AWARDED THE 2022 FREDERICK SEITZ AWARD TO DR. CHRISTOPHER ESSEX FOR HIS CONTRIBUTIONS TO CLIMATE SCIENCE. ISSUED THE CHECK FOR THE 2022 WINNER OF THE SEITZ AWARD IN FEBRUARY 2023 AT THE INTERNATIONAL CONFERENCE ON CLIMATE CHANGE.
PUBLISHED A WEEKLY ON-LINE NEWSLETTER ("THE WEEK THAT WAS") AND MAINTAINED A WEBSITE ON ENVIRONMENTAL AND SCIENTIFIC POLICY ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas P Sheahen Chairman | Trustee | 1 | $0 |
Kenneth A Haapala President | OfficerTrustee | 40 | $120,000 |
Donna Fitzpatrick Bethell Secretary/treasurer | OfficerTrustee | 5 | $0 |
Ivan Bekey Vice Chairman | Trustee | 1 | $0 |
David Legates Director | Trustee | 1 | $0 |
Howard C Hayden 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 | $16,128 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,128 |
| Total Program Service Revenue | $0 |
| Investment income | $65,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $233 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,579 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $115,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| 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 | $7,179 |
| Total functional expenses | $140,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,398 |
| Savings and temporary cash investments | $0 |
| 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 | $3,341,828 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,377,226 |
| 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 | $3,377,226 |
| 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 | $3,377,226 |
Grants Awarded
Over the last fiscal year, Science & Environmental Policy Project has awarded $75,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGE MASON UNIVERSITY PURPOSE: Research | $50,000 |
CO2 COALITION PURPOSE: Research | $25,000 |