Science & Technology
(U19)
IRS Verified
DX Registered
990 on File
HEADWATERS SCIENCE INSTITUTE
Financial strength (30%)
75/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To Foster Curiosity through science.
Financial Overview — FY 2025
$1.6M
Total Revenue
$760K
Total Expenses
$1.6M
Net Assets
67
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.6%
Fundraising Efficiency
1464.7%
Operating Reserve
24.77x
Liability-to-Asset
3.9%
Revenue Diversification
69.7%
Executive Compensation
$544K
Compared with Peers
FY 2025
Compared with 241 similar organizations
(United States, Science & Technology, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.6% | 85.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
3.1% | 12.1% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1464.7% | 4.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
24.8 mo | 10.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.9% | 0.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
69.7% | 93.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
70.7% | 1.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
15.2% | 5.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
51.9% | 0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1.6M | $760K | $1.6M | 92.6% | 67 |
| 2024 | $926K | $660K | $749K | 91.4% | 0 |
| 2023 | $772K | $616K | $482K | 91.6% | 39 |
| 2022 | $400K | $386K | $343K | 86.7% | 9 |
| 2021 | $288K | $177K | $330K | 84.2% | 9 |
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