Stem Advantage

Organization Overview

Stem Advantage is located in Huntington Beach, CA. The organization was established in 2012. 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 Advantage 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 12/2022, Stem Advantage generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 38.5% each year . All expenses for the organization totaled $633.4k during the year ending 12/2022. While expenses have increased by 23.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Stem Advantage has awarded 40 individual grants totaling $1,556,007. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TALENT IS EQUALLY DISTRIBUTED, BUT OPPORTUNITY IS NOT. STEM ADVANTAGE, MENTORS, PREPARES, AND INSPIRES WOMEN AND UNDERSERVED COMMUNITIES TO PURSUE CAREERS IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) THROUGH PAID INTERNSHIPS, 1-TO-1 MENTORS, SCHOLARSHIPS, PROFESSIONAL AND CAREER DEVELOPMENT, AND COMMUNITY. WE ARE ADVANCING EQUITY THROUGH EDUCATION AND WORKFORCE DEVELOPMENT. WE PROVIDE ECONOMIC AND SOCIAL MOBILITY TO UNDERSERVED GROUPS, WHILE PROVIDING A VETTED PIPELINE OF DIVERSE TALENT TO BUSINESSES TO FILL THEIR WORKFORCE NEEDS. IN 2021, THE LOS ANGELES BUSINESS JOURNAL HONORED STEM ADVANTAGE AS DIVERSITY, INCLUSION + EQUITY NONPROFIT OF THE YEAR.

Describe the Organization's Program Activity:

Part 3 - Line 4a

STEM ADVANTAGE LEVELS THE PLAYING FIELD BY EMPOWERING TALENTED STUDENTS, WHO ARE MOSTLY LOW-INCOME, FIRST-GENERATION COLLEGE STUDENTS, WITH ACCESS TO NETWORKS, EMPLOYMENT, AND ECONOMIC MOBILITY THAT STUDENTS ATTENDING A PRIVATE OR ELITE PUBLIC UNIVERSITY RECEIVE. WE DESIGNED A HOLISTIC PROGRAM THAT BENEFITS THE STUDENT (STEM ADVANTAGE SCHOLAR), THEIR FAMILY AND COMMUNITY RESULTING IN A GENERATIONAL IMPACT WITH A CLEAR PATH TO ADDRESS THE GENDER AND RACIAL WEALTH GAPS. WE SELECTED CALIFORNIA STATE UNIVERSITY (CSU) AS OUR FIRST UNIVERSITY PARTNER BECAUSE THE CSU IS THE LARGEST AND MOST ETHNICALLY DIVERSE FOUR-YEAR PUBLIC UNIVERSITY SYSTEM IN THE NATION, AND GRANTS OVER 50% OF ALL UNDERGRADUATE DEGREES EARNED BY CALIFORNIAS LATINX, AFRICAN AMERICAN AND NATIVE AMERICAN STUDENTS. STEM ADVANTAGE FOCUSES ON WOMEN AND UNDERSERVED COMMUNITIES, WHO ARE MOSTLY LOW-INCOME, FIRST-GENERATION COLLEGE STUDENTS, EARNING A BACHELORS DEGREE IN A STEM FIELD AND ENROLLED FULL-TIME AT CALIFORNIA STATE UNIVERSITY (CSU) CAMPUSES IN SOUTHERN CALIFORNIA THE GREATER LOS ANGELES REGION, ORANGE COUNTY, AND SAN DIEGO. ALL ARE HISPANIC-SERVING INSTITUTIONS (HSIS).OUR PROGRAM EXTENDS BEYOND GRADUATION SUPPORTING ALUMNI WITH A NETWORK OF CORPORATE LEADERS AND CAREER DEVELOPMENT TO HELP THEM ADVANCE IN THEIR CAREERS, BUILD WEALTH, AND HAVE A GENERATIONAL IMPACT. SCHOLARS AND ALUMNI PAY IT FORWARD AS ROLE MODELS AND MENTORS TO EXCITE YOUNG GIRLS AND BOYS ABOUT STEM. IF THEY CAN SEE IT, THEY CAN BE IT! IN FALL 2021, STEM ADVANTAGE LAUNCHED A FRESHMEN STEM CAREER PATHWAYS PROGRAM TO ENGAGE FIRST-YEAR COLLEGE STUDENTS, ESPECIALLY WOMEN, BLACK AND LATINX STUDENTS, PROVIDE EXPOSURE TO STEM CAREER OPPORTUNITIES, AND DRIVE PERSISTENCE IN A STEM MAJOR. IN 2021, THE LOS ANGELES BUSINESS JOURNAL HONORED STEM ADVANTAGE AS DIVERSITY, INCLUSION + EQUITY NONPROFIT OF THE YEAR.PROGRAM IMPACT:760 STEM ADVANTAGE SCHOLARS100% GRADUATION RATE WITH PERSISTENCE IN A STEM MAJOR52% WOMEN87% STUDENTS OF COLOR72% LOW-INCOME, FIRST-GENERATION COLLEGE STUDENTS $75,000 AVERAGE STARTING SALARY UPON GRADUATION, A SUSTAINABLE, MIDDLE CLASS LIVING WAGEOVER $1.9 MILLION IN SCHOLARSHIPS AWARDED TO HELP STUDENTS GRADUATE WITH LESS STUDENT DEBTWEBSITE: WWW.STEMADVANTAGE.ORG


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Board, Officers & Key Employees

Name (title)Compensation
Cynthia Mckenzie
Vice-President
$0
Lee Ann Kline
President
$0
David Buckholtz
Treasurer
$0
Melanie Hildebrandt
Secretary
$0
Raquel Marquez
Director
$0
Charles Sims
Director
$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$1,125,164
Noncash contributions included in lines 1a–1f $95,000
Total Revenue from Contributions, Gifts, Grants & Similar$1,125,164
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $142,764
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,267,928

Grants Awarded

Over the last fiscal year, Stem Advantage has awarded $326,157 in support to 8 organizations.

Grant RecipientAmount

CAL STATE LA FOUNDATION

PURPOSE: EDUCATION - SCHOLARSHIPS

$89,307

CAL POLY POMONA PHLNTHRPC FND

PURPOSE: EDUCATION - SCHOLARSHIPS

$57,500

CSU LONG BEACH 49ER FNDATION

PURPOSE: EDUCATION - SCHOLARSHIPS

$55,600

CSUF PHILANTHROPIC FOUNDATN

PURPOSE: EDUCATION - SCHOLARSHIPS

$33,750

CALIFORNIA ST UNIVNORTHRIDGE

PURPOSE: EDUCATION - SCHOLARSHIPS

$27,500

SAN DIEGO STATE UNIVERSITY

Org PageRecipient Profile

San Diego, CA

PURPOSE: EDUCATION - SCHOLARSHIPS

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Stem Advantage has recieved totaling $500.

Awarding OrganizationAmount
Integral Charitable Foundation

Louisville, CO

PURPOSE: GENERAL SUPPORT

$500
View Grant Recipient Profile

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