Solving For Science
- Assets
- $174.1k
- Revenue
- $400.0k
- Investments
- $0.0
- Employees
- 1
- Location
- San Francisco, CA
- Founding
- Data as of
- 06/2023
- EIN
- 87-4048733
Organization Overview
Solving For Science is located in San Francisco, CA. According to its NTEE Classification (U20) the organization is classified as: General Science, 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. Solving For Science 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, Solving For Science generated $400.0k in total revenue. All expenses for the organization totaled $315.6k during the year ending 06/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE BUILDING POWER IN COMMUNITY AND THROUGH PROCESS. IN SHORT, WE PROVIDE SCIENTISTS-BOTH EARLY CAREER AND ESTABLISHED PI'S-THE SUPPORT THEY NEED TO EFFECT CHANGE. BY FOCUSING ON RELATIONSHIP BUILDING, COMMUNICATION, AND TEAMWORK TO SOLVE COMPLEX PROBLEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGE - DESIGNING A PROGRAM AROUND SCIENCE COMMUNICATION AND PUBLIC ENGAGEMENT. THE PROGRAM WAS PILOTED TO SOLVING FOR SCIENCE MEMBERS IN 2023. WE PLAN TO EXPAND TO SEVERAL SITES STARTING IN 2024. WE CONTRACTED WITH LIMINAL AND SPENT $25,000 TO DEVELOP AND PILOT THE COURSE.
NEST - LAUNCHING A PROGRAM AROUND ANTI-RACISM IN SCIENCE. THE PROGRAM WAS PILOTED TO SOLVING FOR SCIENCE MEMBERS IN 2023. WE PLAN TO EXPAND TO SEVERAL SITES IN 2024. WE PAID TWO FACULTY $20,000 TO DEVELOP AND PILOT THE COURSE, AND $20,028 FOR A CONTRACTOR TO EVALUATE THE COURSE.
DISCOVERY STACK/DISCOVERY CURATOR - REMODELING SCIENTIFIC PUBLISHING AND PEER REVIEW TO MAKE PAPERS OPEN ACCESS, CONTROL THE TAP ON REVIEWING, MAKE A SUPERIOR PLATFORM, AND RETURN THE PROFITS TO SCIENCE. A PILOT OF A PILOT WAS LAUNCHED IN 2023.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooke Runnette Vice President | Trustee | 5 | $10,000 |
Matthew F Krummel President | Trustee | 5 | $0 |
Vincent Chan Treasurer | Trustee | 5 | $0 |
Elizabeth Neeley Secretary | Trustee | 5 | $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 | $400,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $400,000 |
| Total Program Service Revenue | $0 |
| Investment income | $8 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $400,008 |
| 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. | $61,000 |
| Compensation of current officers, directors, key employees. | $59,160 |
| Compensation to disqualified persons | $41,000 |
| Other salaries and wages | $81,763 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,939 |
| Payroll taxes | $8,429 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,014 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $763 |
| Advertising and promotion | $30 |
| Office expenses | $1,715 |
| Information technology | $2,615 |
| 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 | $100,586 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $788 |
| Total functional expenses | $315,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,053 |
| 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 | $174,053 |
| 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 | $174,053 |
| 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 | $174,053 |