Asteam Village Inc
- Assets
- $108.1k
- Revenue
- $455.7k
- Investments
- $0.0
- Employees
- 20
- Location
- Kansas City, MO
- Founding
- 11/2014
- Data as of
- 12/2023
- EIN
- 46-5023913
Organization Overview
Asteam Village Inc is located in Kansas City, MO. The organization was established in 2014. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2023, Asteam Village Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asteam Village 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, Asteam Village Inc generated $455.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $556.3k during the year ending 12/2023. While expenses have increased by 17.7% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ASTEAM VILLAGE FOCUSES ON ENGAGING STUDENTS, FAMILIES, AND EDUCATORS IN SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATH (STEAM) PATHWAYS TO FACILITATE CARERRE AND EDUCATION READINESS FOR PARTICIPATION IN THE 21ST CENTURY ECONOMIES OF TODAY AND TOMORROW
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASTEAM VILLAGE RECEIVED THE BROADBAND COMMUNITIES CORNERSTONE AWARD FOR OUR STUDENT-LED COMMUNITY BROADBAND NETWORKS. STUDENTS LEARNED HOW TO DESIGN AND BUILD I.T. INFRASTRUCTURE NETWORKS INSTALLED 18.000 FT OF CABLE, INSTALLED 40 SECURITY CAMERAS, AND 30 WIFI ACCESS POINTS. STUDENTS INSTALLED AND UPGRADED 60 SECURITY CAMERA SYSTEM FOR LOCAL CHURCH STUDENTS ATTENDED NATIONAL SOCIETY OF BLACK ENGINEERS (NSBE) 50TH COMPETITION;COPETED IN RC CAR ENGINEERING AND ROBOTICS. THREE OF THE ROOTICS TEAMS WERE AWARD WINNERS AT MULTIPLE COMPETITIONS. THE GIRLS FUTURE CITY TEAM WON ENGINEERING AWARD FOR THEIR COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chester Thompson Board Chair | OfficerTrustee | 20 | $0 |
Joyce Wells Board Treasurer | OfficerTrustee | 15 | $0 |
Bernice Cottrell Board Secretary | OfficerTrustee | 8 | $0 |
Michael Smith Board Member | Trustee | 1 | $0 |
Alfred Jordan Vice Chair | OfficerTrustee | 5 | $0 |
Eleanor Lisbon Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $27,595 |
| Related organizations | $0 |
| Government grants | $85,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $197,540 |
| Noncash contributions included in lines 1a–1f | $175 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $310,135 |
| Total Program Service Revenue | $161,861 |
| 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 | -$16,250 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $455,746 |
| 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. | $79,310 |
| Compensation of current officers, directors, key employees. | $18,241 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $161,571 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,584 |
| Payroll taxes | $5,710 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,703 |
| 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 | $0 |
| Advertising and promotion | $8,606 |
| Office expenses | $10,717 |
| Information technology | $27,282 |
| Royalties | $0 |
| Occupancy | $26,289 |
| Travel | $10,522 |
| 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 | $17,011 |
| Insurance | $7,577 |
| All other expenses | $0 |
| Total functional expenses | $556,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $55,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $53,127 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $108,127 |
| Accounts payable and accrued expenses | $99,330 |
| 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 | $34,280 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $9,750 |
| Other liabilities | $0 |
| Total liabilities | $143,360 |
| Net assets without donor restrictions | -$35,233 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $108,127 |