Stem Education Coalition Inc
- Assets
- $44.0k
- Revenue
- $220.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 47-2094530
Organization Overview
Stem Education Coalition Inc is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stem Education Coalition Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Stem Education Coalition Inc generated $220.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $228.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COALITION IS A NONPROFIT ORGANIZATION ORGANIZED PRINCIPALLY TO DEVELOP AND ADVOCATE FOR LEGISLATION, REGULATIONS, AND GOVERNMENT PROGRAMS TO IMPROVE AND ADVANCE SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS EDUCATION AS A NATIONAL PRIORITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COALITION IS AN ALLIANCE OF MORE THAN 600 BUSINESS, PROFESSIONAL AND EDUCATION ORGANIZATIONS. THERE ARE MORE THAN 800 AFFLIATED MEMBERS WHO RECEIVE A WEEKLY NEWSLETTER KEEPING THEM ABREAST OF RECENT DEVELOPMENTS IN STEM EDUCATION.
STEM EDUCATION COALITION, JOINED BY 31 MEMBER ORGANIZATIONS, SENT A LETTER TO THE WHITE HOUSE OFFICE OF SCIENCE AND TECHNOLOGY POLICY (OSTP) TO PROVIDE SUGGESTIONS AS THE OFFICE DEVELOPED THE 2023-2028 FEDERAL STEM STRATEGIC PLAN. THE COMMENTS CENTERED ON THE KEY CHALLENGES IN K-12 STEM EDUCATION (EQUITY, TEACHING AND LEARNING, PARTNERSHIPS, SYSTEMIC REFORM, AND THE ROLE OF FEDERAL AGENCIES) THAT SHOULD BE ADDRESSED, AND PROVIDED SIX OVERALL RECOMMENDATIONS FOR OSTP TO CONSIDER.
THE COALITION HELPED TO INFLUENCE FEDERAL BUDGET PRIORITIES FOR SEVERAL FEDERAL AGENCIES AND MET WITH MORE THAN 3 DOZEN MEMBERS OF CONGRESS AND THEIR STAFF IN PERSON AND VIRTUALLY TO DISCUSS SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS RELATED PUBLIC POLICIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Phillips Director | Trustee | 1 | $0 |
Anita Krishnamurthi Director | Trustee | 1 | $0 |
Stewart Barber Director | Trustee | 1 | $0 |
Tyler Kloefkorn Director | Trustee | 1 | $0 |
Erika Shugart Director | Trustee | 1 | $0 |
Ken Krehbiel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $220,000 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $220,006 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $222,052 |
| Fees for services: Legal | $274 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,253 |
| All other expenses | $0 |
| Total functional expenses | $228,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,002 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $44,002 |
| Accounts payable and accrued expenses | $13,258 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,258 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $30,744 |
| Total liabilities and net assets/fund balances | $44,002 |