On February 25, 2002, about 1535 eastern standard time, a Cessna 150M, N9890J, registered to Ormond Beach Aviation Inc., operating as a 14 CFR Part 91 instructional flight, crashed on landing at Ormond Beach Municipal Airport, Ormond Beach, Florida. Visual meteorological conditions prevailed and no flight plan was filed. The airplane sustained substantial damage. The student pilot was not injured. The flight originated from St. Augustine, Florida, at 1500. The student pilot stated she called Ormond Beach UNICOM about 4 miles north of the airport, gave her position, and requested landing information. The student pilot entered downwind for runway 08. She flared high and the airplane bounced. She did not add power to recover from the bounced landing and the airplane collided with the runway collapsing the nose gear. When student pilot was asked why she did not apply power, she stated she did not know. When the student pilot asked if she experienced any precrash mechanical failure or malfunction with the airframe, flight controls or engine assembly, she stated no.