FRIENDS OF SCIENCE EAST INC

EIN: 113327144 501(c)(3) Arts, Culture & Humanities

SHOREHAM, NY

Total Revenue
$149,466
Total Expenses
$619,041
Total Assets
$4,386,572
Net Assets
$3,826,835
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NY
Principal Officer
JUDY MURRAH
Phone
6318862632
Tax Period
2025-01-31 to 2025-06-30

FRIENDS OF SCIENCE EAST INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $149K in total revenue in fiscal year 2025. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $619K exceeded revenue, resulting in a 314% operating deficit.

Mission

TO DEVELOP THE SITE OF NIKOLA TESLA'S LAST REMAINING LABORATORY INTO A TRANSFORMATIVE GLOBAL SCIENCE CENTER THAT EMBRACES HIS BOLD SPIRIT OF INVENTION, PROVIDES INNOVATIVE LEARNING EXPERIENCES, FOSTERS THE ADVANCEMENT OF NEW TECHNOLOGIES, AND PRESERVES HIS LEGACY IN THE TESLA MUSEUM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $116,710
Program Service Revenue $1,100
Investment Income $19,711
Other Revenue $11,945
TOTAL REVENUE $149,466

Expense Breakdown

Grants Paid $0
Salaries & Benefits $220,439
Fundraising Expenses $126,371
Program Expenses $323,356
Other Expenses $398,602
TOTAL EXPENSES $619,041

Year-over-Year Comparison

2025 2024 Change
Revenue $149,466 $601,769 -0.8%
Expenses $619,041 $905,273 -0.3%
Net Income $-469,575 $-303,504 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
5
Volunteers
35

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANE ALCORN BOARD MEMBER 2.00
Director
$0 $0 $0
GREGORY OLSEN PHD BOARD MEMBER 2.00
Director
$0 $0 $0
MATTHEW DOMO BOARD MEMBER 2.00
Director
$0 $0 $0
KARA CANNON BOARD MEMBER 2.00
Director
$0 $0 $0
MATTHEW INMAN BOARD MEMBER 2.00
Director
$0 $0 $0
JANICE SCHERER SECRETARY 5.00
Officer Director
$0 $0 $0
MICHAEL RUSSO PRESIDENT 10.00
Officer Director
$0 $0 $0
JUDY MURRAH BOARD MEMBER / 2025 TREASU 2.00
Officer Director
$0 $0 $0
MITCHELL MAIMAN BOARD MEMBER 2.00
Director
$0 $0 $0
ROMAIN MURENZI BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID T MADIGAN BOARD MEMBER 2.00
Director
$0 $0 $0
EUGENE GENOVA BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD GEARNS VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
EDWARD FRED TREASURER (FORMER) 5.00
Director
$0 $0 $0
MARGARET FOSTER BOARD MEMBER 2.00
Director
$0 $0 $0
MICHELLE DEAN BOARD MEMBER 2.00
Director
$0 $0 $0
MARY DAUM BOARD MEMBER 2.00
Director
$0 $0 $0
THOMAS BIANCULLI BOARD MEMBER 2.00
Director
$0 $0 $0
PETER KLEIN BOARD MEMBER 2.00
Director
$0 $0 $0
MARC ALESSI EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $0
DOUGLAS BORGE CHIEF FINANCIAL OFFICER 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $149,466 $619,041 $4,386,572 $-469,575
2024 No data No data No data No data
2024 $601,769 $905,273 $4,830,259 $-303,504
2023 $482,951 $813,321 $5,171,141 $-330,370
2022 $921,810 $748,889 $5,501,133 $172,921
2021 $629,868 $639,329 $5,239,407 $-9,461
2020 $868,364 $724,337 $4,998,083 $144,027
2019 $772,467 $675,268 $4,589,682 $97,199
2018 $1,362,062 $527,611 $4,480,414 $834,451
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