Stem Educational Institute Inc
- Assets
- $22.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2023
- EIN
- 86-3013331
Organization Overview
Stem Educational Institute Inc is located in New York, NY. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stem Educational Institute 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 12/2023, Stem Educational Institute Inc generated $46.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (45.8%) each year. All expenses for the organization totaled $100.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED A FREE PROGRAM TO 45 UNDERREPRESENTED STUDENTS, GRADES 9-12. STUDENTS LEARNED HOW TO CODE IN PYTHON, BASICS OF BUDGETING AND INVESTING, AND WERE GIVEN MENTAL HEALTH RESOURCES. AT THE COMPLETION OF THE PROGRAM, STUDENTS RECEIVED A STIPEND AND COLLEGE SCHOLARSHIP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nikisha Alcindor President | 10 | $0 | |
Frantz Alcindor Vice President | 0.5 | $0 | |
Dia Jones Director | 2.5 | $0 | |
Camille Evans Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,092 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $854 |
| Total Revenue | $46,946 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,659 |
| Professional fees and other payments to independent contractors | $4,470 |
| Occupancy, rent, utilities, and maintenance | $946 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,052 |
| Total expenses | $100,127 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,331 |
| Other assets | $0 |
| Total assets | $22,014 |
| Total liabilities | $358 |
| Net assets or fund balances | $21,656 |