Stem Development Foundation Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rock Hill, SC
- Founding
- 07/2014
- Data as of
- 12/2019
- EIN
- 46-4795459
Organization Overview
Stem Development Foundation Inc is located in Rock Hill, SC. The organization was established in 2014. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. Stem Development Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Stem Development Foundation Inc generated $75.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $100.9k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE MISSION OF THE STEM DEVELOPMENT FOUNDATION (SDF) IS TO BRING TOGETHER COMMUNITY LEADERS TO FOSTER SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) EDUCATION, WORK TO INCREASE THE NUMBER OF PARTICIPANTS IN STEM PROGRAMS IN K-12, TECHNICAL COLLEGES AND UNIVERSITIES, AND TO BE A HUB FOR STEM ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susie Teague Executive Di | 20 | $0 | |
Tom Drumwright Board Member | 1 | $0 | |
Tom Peters Board Member | 1 | $0 | |
Catherine Rivan Board Member | 1 | $0 | |
Dan Rundle Board Member | 1 | $0 | |
Russell Cook Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,094 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $60 |
| Other expenses | $90,757 |
| Total expenses | $100,911 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Stem Development Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: Charitable gift | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Alliance Of Pastors Inc Austell, GA | $878,356 | $71,344 |
Guardian Independent Operator Association Inc Suwanee, GA | $1,224,384 | $1,322,204 |
International Health Share Norcross, GA | $28,910 | $0 |
Plumbing And Mechanical Assoc Of Ga Cumming, GA | $103,713 | $246,557 |
Special Operations Communications Association Ft Bragg, NC | $21,699 | $0 |
Stem Development Foundation Inc Rock Hill, SC | $0 | $0 |
Georgia Accrediting Commission Inc Alma, GA | $64,212 | $0 |
Spinx Teammate Assistance Fund Greenville, SC | $354,810 | $277,623 |
Association For Managers Of Innovation Greensboro, NC | $96,841 | $0 |
Veteran Scholarships Forever Greenville, SC | $13,785 | $0 |