Stem Matrix
- Assets
- $15.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deerfield, IL
- Founding
- 06/2017
- Data as of
- 12/2019
- EIN
- 81-0772657
Organization Overview
Stem Matrix is located in Deerfield, IL. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stem Matrix 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 12/2019, Stem Matrix generated $38.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $25.1k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (22.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TRAINED CHILDREN IN 5 DIFFERENT ELEMENTARY SCHOOLS IN RACINE WISCONSIN SCHOOL DISTRICT DURING THE 2019 SCHOOL YEAR.VIA STEM HANDS-ON CLASSROOM BASED STEM EDUCATION CLASSES LED BY COLLEGE AGED STEM MENTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alderman Danny Solls Director | 1 | $0 | |
Congressman Danny Davis Director | 1 | $0 | |
Dr Norman Deltch Secretary/treasurer | 1 | $0 | |
Gerald Walanka President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $37,500 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $300 |
| Occupancy, rent, utilities, and maintenance | $11,100 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,676 |
| Total expenses | $25,076 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,205 |
| Other assets | $0 |
| Total assets | $15,205 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,205 |
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