Science Play-Space Initiative Spi Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF SCIENCE PLAY-SPACE INITIATIVE SPI, INC. IS TO ENHANCE THE KNOX COUNTY COMMUNITY BY BRINGING PEOPLE OF ALL AGES TO EXPLORE SCIENCE, TECHNOLOGY AND HUMAN INTERACTION THROUGH PLAY.
- Income
- $131,287
- Spending
- $174,537
- Spent on programs
- 76%
- Reserves
- 11.4 months of spending
- Largest source of income
- donations and private grants, 69%
- Employees
- 16
- Volunteers
- 60
- Highest pay
- $46,800, executive di
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 73 out of 100. Higher than 41% of charities in its peer group (education, under $250k).
Reserves
28 of 35Spendable reserves would cover 11.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 33% of income.
Income trend
10 of 15Income fell 5% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 8 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 59 out of 100. Higher than 43% of charities in its peer group (education, under $250k).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $116,145 spent. SPI OPERATES A COMMUNITY EDUCATION AND RECREATION CENTER WHERE FAMILIES CAN DROP IN FOR PLAY-BASED LEARNING TOGETHER DESCRIBED AS DISCOVERY PLAY; THE ACTIVITIES ARE PRESENTED THROUGH THE LENSES OF SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH. APPROXIMATELY 7,091 PEOPLE PARTICIPATED IN THIS INITIATIVE.
- $16,380 spent. SPI FACILITATED MULTIPLE SESSIONS OF SUMMER ENRICHMENT CAMPS AT OUTDOOR VENUES THROUGHOUT JUNE AND JULY, AND IN THE WINTER LED AFTERSCHOOL ACTIVITIES IN PARTNERSHIP WITH THE SALVATION ARMY THROUGH A WEEKLY INITIATIVE CALL CLUB CODE. SPI DESIGNS ENGAGING TABLETOP ACTIVITIES, GAMES, AND DEMONSTRATIONS FOR EXHIBITION AND ENGAGEMENT AT COMMUNITY FESTIVALS AND EVENTS. THE APPLICATION OF SPI STAFF TIME AND RESOURCES TOWARD THESE EFFORTS SUPPORTS BROADER COMMUNITY OBJECTIVES AND ADDRESSES ITS INSTITUTIONAL PRIORITY TO COLLABORATE WITH GOVERNMENT PARTNERS, OTHER AREA NON-PROFITS AND LOCAL BUSINESS. PARTICIPATION INCLUDED 1,010 INDIVIDUALS THROUGH THE ENRICHMENT PROGRAMS AND 820 INDIVIDUALS THROUGH THE OUTREACH PROGRAMS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2012.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.