Ps Science EIN 20-0607113

Ps Science FY2024 filing

EIN  20-0607113 Public charity (501(c)(3)) Inglewood, CA Founded 2003
Form 990 (PDF)
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Size
$1–10M
What they do
Brings rich STEM programs to under-served elementary schools.
Leadership
Julie Olds · Executive Dir. · $89K
Money in and out
$876K revenue, $883K expenses
Bottom line
80% program efficiency

Brings rich STEM programs to under-served elementary schools. For fiscal year 2024 it reported $876K in revenue, $883K in expenses, and $476K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$876K
Pt VIII · Ln 12
Total expenses
$883K
Pt IX · Ln 25
Net assets
$476K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$7K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.11 Fundraising $0.09
Program efficiency
80%
of spending reaches programs
Operating runway
5.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-1%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$876K
FY2024▲ +1%
Expenses
$883K
FY2024▲ +3%
Total assets
$476K
FY2024▼ -1%
Total liabilities
$0
FY2024
Total revenue
$876K
Pt VIII · Ln 12
Total expenses
$883K
Pt IX · Ln 25
Net assets
$476K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$7K
Total assetsPt X · Ln 16$476K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

2 program services account for $707K of program spending, described in the organization's own filed words · FY2023.
01

Enrichment Programs

The 2023-24 year also had a significant increase in the number and diversity of out-of-school time enrichment stem programs that PS science provided. All PS science enrichment programs are provided at no cost to students.

$424Kprogram expense
02

Classroom Program

During the 2022-23 school year, PS science returned to full implementation in 226 classrooms around los angeles in a variety of forms. However, due to the further development of a library of full lesson videos that our instructors began producing during the pandemic, we were able to launch the PS science program at several new schools in…

$283Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPs Science
EINHdr · item D20-0607113
Principal addressHdr · item CInglewood, CA
WebsiteHdr · item Jwww.psscience.org
Year of formationHdr · item L2003
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFDec 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Dir.
$88,716Pt VII · Sec A
Emeritus
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Bd Pres/Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Julie Olds’s $94K as Executive Dir. is at the 27th percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Julie Olds$94,084$88,716$89,237$79,569$83,856$89,063

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$453K · 52%
Program service revenue$414K · 47%
Investment income$9K · 1%
Contributions & grants52%$453K
Program service revenue47%$414K
Investment income1%$9K
— government grantsLn 1e$20K
Total revenueLn 12$876K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.11 Fundraising $0.09
Program services80%$707K
Management & general11%$93K
Fundraising9%$83K
Total functional expensesLn 25$883K

Balance Sheet

Part X · end of year
CashLn 1$424K
Total assetsLn 16$476K
Total liabilitiesLn 26$0
Total net assetsLn 32$476K
Months of cash on handcomputed5.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $424K · Operating expenses/yr $883K
5.8 months
Where the money goes
Program services
Program services $707K · Total expenses $883K
80%
Management & General
Management & general $93K · Total expenses $883K
11%
Fundraising
Fundraising $83K · Total expenses $883K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $96K · Solicited contributions (3-yr avg) $442K
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $453K · Total revenue $876K
52%
Government reliance
Government grants $20K · Total revenue $876K
2%
Earned-income share
Program service revenue $414K · Total revenue $876K
47%
Investment reliance
Investment income $9K · Total revenue $876K
+1%
Program self-sufficiency
Program service revenue $414K · Total expenses $883K
47%
Growth & trend
Revenue growth (YoY)
This year $876K · Prior year $865K
+1%
Revenue CAGR
FY2019 $477K · FY2023 $876K
+16%
Net-asset trend (YoY)
End of year $476K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $876K · Expenses $883K
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $476K
Net-asset ratio
Net assets $476K · Total assets $476K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $476K
0%
People & payroll
Highest Reported Total Compensation
Individual Julie Olds · Reported title Executive Dir. · Highest reported compensation $89K · Total expenses $883K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $687K · Total expenses $883K
78%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 11%
Fundraising cost ratio 18%
Revenue growth 1%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 13 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$876K revenue · viewing · ⤓ 990 PDF
FY2023$865K revenue · ⤓ 990 PDF
FY2022$880K revenue · ⤓ 990 PDF
FY2021$441K revenue · ⤓ 990 PDF
FY2020$477K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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