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.
Form
990
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia Mckenzie Vice-President | OfficerTrustee | 2 | $0 |
Lee Ann Kline President | OfficerTrustee | 40 | $0 |
David Buckholtz Treasurer | OfficerTrustee | 1 | $0 |
Melanie Hildebrandt Secretary | OfficerTrustee | 1 | $0 |
Raquel Marquez Director | Trustee | 1 | $0 |
Charles Sims Director | Trustee | 1 | $0 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $326,157 |
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 | $136,447 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $11,652 |
Fees for services: Management | $95,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,333 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $24,938 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $22,284 |
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 | $334 |
Insurance | $1,867 |
All other expenses | $99 |
Total functional expenses | $633,420 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $567,917 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $354,223 |
Accounts receivable, net | $0 |
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 | $9,824 |
Net Land, buildings, and equipment | $1,598 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $933,562 |
Accounts payable and accrued expenses | $2,660 |
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 | $1,731 |
Total liabilities | $4,391 |
Net assets without donor restrictions | $574,948 |
Net assets with donor restrictions | $354,223 |
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 | $933,562 |
Over the last fiscal year, Stem Advantage has awarded $326,157 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
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, CA PURPOSE: EDUCATION - SCHOLARSHIPS | $25,000 |
Over the last fiscal year, we have identified 1 grants that Stem Advantage has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Integral Charitable Foundation Louisville, CO PURPOSE: GENERAL SUPPORT | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Cityserve Network Bakersfield, CA | $4,069,087 | $94,473,161 |
Movement Strategy Center Oakland, CA | $26,305,991 | $30,747,629 |
Casa De Los Ninos Inc Tucson, AZ | $25,293,755 | $23,382,073 |
Woodcraft Rangers Los Angeles, CA | $7,179,034 | $18,872,695 |
Californians Dedicated To Education Foundation San Francisco, CA | $5,632,923 | $12,853,124 |
Coalition For Responsible Community Development Los Angeles, CA | $20,510,086 | $22,552,371 |
Young Community Developers San Francisco, CA | $10,175,438 | $17,514,811 |
Community Youth Center Of San Francisco San Francisco, CA | $17,880,445 | $17,282,098 |
Kupu Honolulu, HI | $10,299,309 | $11,230,476 |
Kids Unlimited Of Oregon Medford, OR | $20,008,929 | $11,933,756 |
Hunters Point Family San Francisco, CA | $3,079,045 | $12,434,856 |
Alliance For A Healthier Generation Inc Portland, OR | $19,826,978 | $16,732,492 |