Pre-Scientist Inc
- Assets
- $91.5k
- Revenue
- $288.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Amherst, MA
- Founding
- 06/2019
- Data as of
- 06/2023
- EIN
- 83-0818098
Organization Overview
Pre-Scientist Inc is located in Amherst, MA. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, Pre-Scientist Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pre-Scientist 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 06/2023, Pre-Scientist Inc generated $288.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $305.0k during the year ending 06/2023. 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
PARTNERED WITH >2,000 VOLUNTEERS AND 30 TEACHERS TO FACILITATE A PEN PAL PROGRAM TO BROADEN STUDENT AWARENESS OF WHAT SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) PROFESSIONALS LOOK LIKE AND DO AT WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LETTERS TO A PRE-SCIENTIST PEN PAL PROGRAM CONNECTED 2,100 STUDENTS IN US LOW-INCOME COMMUNITIES ONE-ON-ONE WITH 2,100 STEM PROFESSIONALS FROM AROUND THE WORLD THROUGH FOUR ROUNDS OF LETTER EXCHANGES DURING THE 2022-23 SCHOOL YEAR. THE PROGRAM WAS FACILITATED DURING THE STUDENTS' STEM CLASSES. PAIRS DISCUSSED STEM CAREER JOURNEYS, HIGHER EDUCATION PATHWAYS, OVERCOMING OBSTACLES, AND INTERESTS AND HOBBIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucy Madden CEO & President | OfficerTrustee | 45 | $76,875 |
Uche Amaechi Director | Trustee | 1 | $0 |
Kevin Cape Director | Trustee | 1 | $0 |
Anna Harley-Trochimczyk Director | Trustee | 1 | $0 |
Anna Goldstein Director, Treasurer | OfficerTrustee | 1 | $0 |
Kathryn Stofer Director, Clerk | OfficerTrustee | 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 | $278,630 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $278,630 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,909 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $288,539 |
| 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. | $76,875 |
| Compensation of current officers, directors, key employees. | $36,446 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $129,241 |
| Pension plan accruals and contributions | $6,000 |
| Other employee benefits | $1,673 |
| Payroll taxes | $5,058 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,249 |
| Advertising and promotion | $0 |
| Office expenses | $738 |
| Information technology | $22,003 |
| 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 | $9,907 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,270 |
| All other expenses | $0 |
| Total functional expenses | $304,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,540 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $91,540 |
| Accounts payable and accrued expenses | $757 |
| 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 | $757 |
| Net assets without donor restrictions | $90,783 |
| 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 | $91,540 |