RHINEBECK SCIENCE FOUNDATION INC

EIN: 450571765 501(c)(3) Education

RHINEBECK, NY

Total Revenue
$40,209
Total Expenses
$107,622
Total Assets
$766,541
Net Assets
$766,476
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NY
Phone
8455146539
Tax Period
2023-01-01 to 2023-12-31

RHINEBECK SCIENCE FOUNDATION INC, founded in 2007, is a micro nonprofit in the Education sector that reported $40K in total revenue in fiscal year 2023. Expenses of $108K exceeded revenue, resulting in a 168% operating deficit.

Mission

The Rhinebeck Science Foundation is a volunteer-led, non-profit organization consisting of parents, community members and representatives from the school board who believe that our schools are our community's greatest assets.Rhinebeck Science Foundation is dedicated to helping the teachers in our schools who want to do more than they can with the funding they have. We seek to help them create an engaging and exciting learning environment, and to help our students succeed in a world in which science, technology, engineering and math are increasingly a part of every fact of our economy and society, from the arts to zoology.The Rhinebeck Science Foundation seeks to create lasting impact for the Rhinebeck Centract School District and its students. We work with the community, teachers, administrators, the school board, and even students, to create and fund programs, from imaginative pilot programs to larger investments.We favor projects that focus on hands-on learning and innovative teachin

Program Service Accomplishments

Program 1
Expenses: $62,671

Innovation HubThe Innovation HUB created a collaborative space in the Rhinebeck High School for students to think critically and take risks to problem-solve responsibly with new technologies that...

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Innovation HubThe Innovation HUB created a collaborative space in the Rhinebeck High School for students to think critically and take risks to problem-solve responsibly with new technologies that engage students in a process oriented in principles of design thinking. This gives students a chance to innovate, create, collaborate, explore, experiment, invent and learn through play as they engage with a variety of tools and technology. Some students are using VEX EXP Robotic kits and Spike Prime Lego kits to design and create their own robots. And the set crew has 3-D printed the props for the school play. The Hub is open to all students at community lunch, as well as being used by some classroom teachers.

Program 2
Expenses: $13,596

Grants for climate change initiatives, biomimicry lesson, 8th grade day of science at Bard College, and funding for several STEM related field trips.

Program 3
Expenses: $13,056

Water FountainGrant was created by a team of 7th-8th graders, working with Rhinebeck Mayor Gary Bassett as part of a middle school civics elective to come up with a climate-smart solution to add...

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Water FountainGrant was created by a team of 7th-8th graders, working with Rhinebeck Mayor Gary Bassett as part of a middle school civics elective to come up with a climate-smart solution to add accessible drinking water for the school district and village. Their work required learning a significant amount about water pipes, and civil engineering as well as design. RSF funded a significant amount toward the completion of the project, but the village contributed as well as some crowd-sourced funding.

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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 (2023)

Revenue Breakdown

Contributions & Grants $72,061
Program Service Revenue $0
Investment Income $-22,379
Other Revenue $-9,473
TOTAL REVENUE $40,209

Expense Breakdown

Grants Paid $98,412
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $98,412
Other Expenses $9,210
TOTAL EXPENSES $107,622

Year-over-Year Comparison

2023 2022 Change
Revenue $40,209 $-58,995 -1.7%
Expenses $107,622 $16,796 +5.4%
Net Income $-67,413 $-75,791 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eliza Bozenski Board member 2.00
Director
$0 $0 $0
Kyla Hart Vice President 7.00
Director
$0 $0 $0
Johnny Lehane Board member 5.00
Officer Director
$0 $0 $0
Tanvir Alam Board Member 3.00
Director
$0 $0 $0
Matthew McKnight Board member 6.00
Director
$0 $0 $0
Angela Basile Board Member 30.00
Director
$0 $0 $0
Jennifer Braine Secretary 3.00
Officer Director
$0 $0 $0
Maureen Terranova President 4.00
Officer Director
$0 $0 $0
Kerim Kalafala Board Member 5.00
Director
$0 $0 $0
Melissa Lehane Treasurer 12.00
Officer Director
$0 $0 $0
Laurel Kemp Board Member 12.00
Director
$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
2024 No data No data No data No data
2023 $40,209 $107,622 $766,541 $-67,413
2022 $-58,995 $16,796 $747,974 $-75,791
2021 $109,046 $111,137 $926,919 $-2,091
2020 $160,011 $120,044 $929,010 $39,967
2019 $189,830 $121,423 $889,043 $68,407
2018 $121,222 $112,815 $820,636 $8,407
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