Portsmouth Stem Academy

Organization Overview

Portsmouth Stem Academy is located in Portsmouth, OH. The organization was established in 2014. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 07/2023, Portsmouth Stem Academy employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portsmouth Stem Academy 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 07/2023, Portsmouth Stem Academy generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.7% each year . All expenses for the organization totaled $1.6m during the year ending 07/2023. While expenses have increased by 17.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE PORTSMOUTH STEM ACADEMY IS TO DELIVER A WORLD-CLASS EDUCATION THAT PROMOTES THE HIGHEST LEVEL OF ACADEMIC ACHIEVEMENT FOR ALL STUDENTS IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM), AS WELL AS IN THE ARTS AND HUMANITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

PORTSMOUTH STEM ACADEMY IS A PRIVATE, NON-PROFIT K-12 SCHOOL IN PORTSMOUTH OHIO. THE SCHOOL OFFERS A ROBUST CURRICULUM IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH, WHILE STILL PROVIDING A FULL PROGRAM IN LIBERAL ARTS, INTERNATIONAL CULTURES, AND FOREIGN LANGUAGE (SPANISH AND MANDARIN). THE SCHOOLS PHILOSOPHY IS THAT CHILDREN DESERVE A LEARNING CENTER FOCUSED ON THEIR INTELLECTUAL, EMOTIONAL, AND PHYSICAL NEEDS, NOT THOSE OF ADULTS. SCHOOLS SHOULD BE EXCITING WORLDS OF EXPLORATION, GUIDING STUDENTS THROUGH WHAT THEY NEED TO KNOW, AND ENCOURAGING THEM TO EXCEL IN THE REALMS THAT MOST APPEAL TO THEM INDIVIDUALLY. THE TEACHING STRUCTURE INCLUDES A COLLABORATIVE OPEN CLASSROOM ENVIRONMENT WITH LEARNING GROUPS WHICH INCORPORATE COACHING, HANDS-ON PRACTICE, AND EXPERIMENTATION.


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Board, Officers & Key Employees

Name (title)Compensation
Matt Seifert
Member
$0
Andrew Feight
Member
$0
Scottie Powell
Member
$0
Adam Heim
Treasurer
$0
Michael Barnhart
President
$0
Coleen Kosan
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $349,950
All other contributions, gifts, grants, and similar amounts not included above$2,006
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$351,956
Total Program Service Revenue$1,440,798
Investment income $156
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $49,932
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 $1,857,692

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