Dayton Regional Stem Schools Inc
- Assets
- $17.0m
- Revenue
- $8.0m
- Investments
- $1.6m
- Employees
- 0
- Location
- Kettering, OH
- Founding
- 01/2009
- Data as of
- 06/2021
- EIN
- 26-2955857
Organization Overview
Dayton Regional Stem Schools Inc is located in Kettering, OH. The organization was established in 2009. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, 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. Dayton Regional Stem Schools 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 06/2021, Dayton Regional Stem Schools Inc generated $8.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $6.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PREPARE STUDENTS WITH THE SKILLS NECESSARY TO COMPETE IN THE GLOBAL ECONOMY WHILE NURTURING IN OUR YOUNG PEOPLE THAT SAME ENTHUSIASM FOR DISCOVERY, INVENTION, AND APPLICATION THAT LAUNCHED THE VISION FOR POWERED FLIGHT. THIS MISSION IS INSPIRED BY THE DAYTON REGION'S HISTORY AND IS AIMED AT ENSURING OUR COMMUNITY'S FUTURE SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DAYTON REGIONAL STEM SCHOOL IS AN INDEPENDENT PUBLIC STEM SCHOOL SERVING STUDENTS FROM GRADES 6-12. WE ARE COMMITTED TO PROVIDING A QUALITY EDUCATION TO THE YOUNG MINDS OF THE DAYTON REGION THROUGH PROJECT BASED LEARNING AND CAREER EXPLORATION, AND OUR FIVE QUALITIES: CREATIVITY, INQUIRY, COLLABORATION, PERSISTENCE AND COMMUNICATION. DURING THE SCHOOL YEAR WE SERVED 720 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr David Goldstein President | OfficerTrustee | 1 | $0 |
Matt Grushon Board Treasurer | OfficerTrustee | 1 | $0 |
Chris Kershner Board Vice President | OfficerTrustee | 1 | $0 |
Dr Larry Dosser Trustee | Trustee | 1 | $0 |
Dr Joseph Keferl Trustee | Trustee | 1 | $0 |
Dr Nathan Klingbeil Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wright State University Payroll | 6/29/21 | $4,071,955 |
The Bank Of New York Mellon Dept Services- Facility | 6/29/21 | $295,433 |
Montgomery Co Esc School Services | 6/29/21 | $129,585 |
Alpha & Omega Custodial/cleaning | 6/29/21 | $235,190 |
Shared Resources Center Treasurer Services | 6/29/21 | $114,952 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,965,545 |
| All other contributions, gifts, grants, and similar amounts not included above | $599,013 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,564,558 |
| Total Program Service Revenue | $403,434 |
| Investment income | $25,475 |
| 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 | $7,993,467 |
| 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 | $114,465 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,418 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,457,267 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $393,639 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,855 |
| Interest | $194,211 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $277,669 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,084,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,163,362 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,725 |
| 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 | $9,186,536 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,590,056 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,965,679 |
| Accounts payable and accrued expenses | $259,792 |
| Grants payable | $0 |
| Deferred revenue | $337,500 |
| 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 | $709,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,634,292 |
| Total liabilities | $3,941,484 |
| Net assets without donor restrictions | $5,640,826 |
| Net assets with donor restrictions | $7,383,369 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $16,965,679 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Dayton Regional Stem Schools Inc has recieved totaling $42,399.
| Awarding Organization | Amount |
|---|---|
Columbus Foundation Columbus, OH PURPOSE: EDUCATION | $25,000 |
Centerpoint Energy Foundation Inc Houston, TX PURPOSE: DAYTON STEM SCHOOL EXPANSION, MULTIYEAR GRANT | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,290 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $899 |
Northrop Grumman Foundation Falls Church, VA PURPOSE: GENERAL OPERATING GRANTS & MATCHING GIFTS. | $210 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Belmont Charter School Philadelphia, PA | $6,922,339 | $21,008,354 |
Propel Charter School Sunrise Pittsburgh, PA | $9,914,076 | $19,454,226 |
West Oak Lane Charter School Philadelphia, PA | $9,484,536 | $17,633,515 |
Mast Community Charter School Iii Philadelphia, PA | $53,124,349 | $21,172,350 |
Mast Community Charter School Ii Philadelphia, PA | $15,675,168 | $22,231,273 |
Mastery Charter School - Harrity Elementary Philadelphia, PA | $9,434,703 | $16,430,234 |
Wissahickon Charter School Philadelphia, PA | $12,512,836 | $17,919,129 |
York Academy Regional Charter School York, PA | $5,602,450 | $14,555,024 |
Career Academy Of South Bend Inc South Bend, IN | $28,812,268 | $15,770,291 |
21st Century Charter School At Gary Inc Indianapolis, IN | $16,296,159 | $15,193,404 |
Avondale Meadows Academy Inc Indianapolis, IN | $23,354,036 | $14,362,990 |
Mastery Charter School - Smedley Elementary Philadelphia, PA | $9,574,548 | $16,285,850 |