Northeast Florida Regional Stem2 Hub Inc
- Assets
- $344.8k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 5
- Location
- Ponte Vedra Beach, FL
- Founding
- 10/2015
- Data as of
- 12/2022
- EIN
- 47-4302882
Organization Overview
Northeast Florida Regional Stem2 Hub Inc is located in Ponte Vedra Beach, FL. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Northeast Florida Regional Stem2 Hub Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Florida Regional Stem2 Hub 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 12/2022, Northeast Florida Regional Stem2 Hub Inc 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 26.5% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 24.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE THE ESSENTIAL MISSING ELEMENTS TO ACCELERATE THE GROWTH OF STEM2 INITIATIVES (AND MEASURED OUTCOMES) IN THE NORTHEAST FLORIDA REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEM PROGRAMS: WORKING THROUGH PARTNERS AND AFTERSCHOOL/SUMMER PROGRAMS, THE STEM2 HUB WORKS TO INFUSE HIGH QUALITY AFTERSCHOOL LEARNING THAT IS RICH IN EXPOSURE TO STEM EXPERIENCES INCLUDING ROBOTICS, WEB KREWES, AND COMPUTER SCIENCE/CODING, INCLUDING PROVIDING STUDENTS WITH ACCESS TO COMPUTERS AND CLOSING THE DIGITAL DIVIDE.
COMPUTER SCIENCE PROGRAMS: THE STEM2 HUB WORKS TO DEVELOP TEACHER CAPACITY TO PROVIDE INSTRUCTION TO STUDENTS BY DEVELOPING TEACHERS WHO ARE PREPARED TO TEACH COMPUTER SCIENCE CONTENT AT THE INTRODUCTORY LEVEL IN GRADES K-12. THIS INCLUDES BUILDING CAPACITY FOR STRONG COMPUTER SCIENCE CONTENT AND THE CONCEPTUAL MATH CONCEPTS THAT SUPPORT COMPUTATIONAL THINKING.
ROBOTICS: THE STEM2 HUB WORKS WITH SCHOOL DISTRICTS AND PARTNERS TO INFUSE STEM EXPERIENCES INTO THE SCHOOL DAY BY WORKING WITH MEDIA SPECIALISTS, STEM SPECIALISTS, SCIENCE AND MATH TEACHERS, AND CAREER/TECHNICAL EDUCATION TEACHERS ACROSS A VARIETY OF INSTRUCTIONAL SETTINGS. THE INFUSION OF ROBOTICS THROUGH THE LEGO FIRST PROGRAM INCLUDES ROBOT CONSTRUCTION AND COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Schofield Executive Director | Trustee | 40 | $136,000 |
David Reichard Chair | Trustee | 1 | $0 |
Matt Kane Vice Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,109,530 |
| All other contributions, gifts, grants, and similar amounts not included above | $776,351 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,885,881 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,885,881 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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. | $136,000 |
| Compensation of current officers, directors, key employees. | $21,620 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,948 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,017 |
| Fees for services: Management | $339 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,440 |
| Advertising and promotion | $20,306 |
| Office expenses | $3,272 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,320 |
| Travel | $26,257 |
| 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 | $0 |
| Insurance | $2,320 |
| All other expenses | $29,138 |
| Total functional expenses | $1,674,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $344,834 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $344,834 |
| Accounts payable and accrued expenses | $4,612 |
| 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 | $0 |
| Total liabilities | $4,612 |
| Net assets without donor restrictions | $0 |
| 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 | $340,222 |
| Total liabilities and net assets/fund balances | $344,834 |