Scients Institute

Tax-deductible

Miami, FL501(c)(3)Science & TechnologyEIN 83-1681707

Conduct research, perform studies, collect data, and catalyze scientific progress and innovation to create impactful solutions and discoveries for the benefit of the public;engage in activities that bridge science, technology and human values through cross-disciplinary collaborations; coordinate with other organizations to integrate unique expertise and research findings for the purpose of bringing together critical human and material resources to solve challeging community problems;support scientific research and innovation by empowering scientists and researchers, working collaboratively, in a quest to seek solutions to a myriad of issues and problems in areas dealing with neuroscience, humanvalues, empathy, altruism, well-being, and mental health;provide a repository of knowledge for the community;support young as well as experienced researchers and professionals derived from the Countries of Brazil and United States to pursue higher scientific and human development goals;

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $41K a year · 31% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
46 mo
of spending, in cash
Looks good: 45.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
-100% vs prior year
Spent
$19K
Net assets
$72K
By yearFY2020–FY2024
Revenue
$0
FY2024▼ -100%
Revenue by fiscal year
FY2020$10K
FY2021$0
FY2022$481K
FY2023$175K
FY2024$0
Expenses
$19K
FY2024▼ -81%
Expenses by fiscal year
FY2020$56K
FY2021$125K
FY2022$160K
FY2023$98K
FY2024$19K
Net assets
$72K
FY2024▼ -21%
Net assets by fiscal year
FY2020−$181K
FY2021−$306K
FY2022$14K
FY2023$91K
FY2024$72K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Operating & administrative 100% · $19K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2024 filing did not itemize Part VII
Trustee & President
$0Pt VII · Sec A
Trustee & Director
$0Pt VII · Sec A
Trustee & Director
$0Pt VII · Sec A
See Scients Institute executive salaries →

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Programs and updates

Empowering scientists to research and innovate solutions for community problems.

Provided by the organization

This section is blank until Scients Institute claims this page.

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1 program service account for $117K of program spending, described in the organization's own filed words · FY2021.
01

1st exempt purpose sponsorship grants during 2019 included 01/29/2019 Dr. Edwin May's sponsorship: 12,000; 01/29/2019 Laboratories for Fundamental Research's sponsorship: 3,200; 02/20/2019 Brazil @ Silicon Valley's sponsorship: 50,000; 06/04/2019 Jordan Grafman's sponsorship: 10,000; 07/31/2019 Stanford University's sponsorship (Presence…

$117Kprogram expense

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 2 grants · $40K · 2022–2022
Institute of Geophysics and Planetary PhysicsFY2022$22,541
Victor Emmanuel Viana GeddesFY2022$17,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$20K
Median grantPart XV$23K
Largest grantPart XV$23K

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$0
Money out
$19K
Running costs$19K
Owns and owes
$72K
net assets
Cash and savings$72K
Total assets$72K
Liabilities$0
People
3
listed
Paid0
2In more detail
Revenue in detail
Total revenue$0
Assets in detailEnd of year
Cash and savings together$72K
Total assets$72K
Liabilities$0
Net assets$72K
Operations
Employees0
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $0$19K−$19K$72K 990 PDF
FY2023 $175K$98K$77K$91K 990 PDF
FY2022 $481K$160K$320K$14K 990 PDF
FY2021 $0$125K−$125K−$306K 990 PDF
FY2020 $10K$56K−$46K−$181K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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