Stem To The Future
- Assets
- $354.6k
- Revenue
- $521.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/2019
- Data as of
- 06/2022
- EIN
- 82-1966013
Organization Overview
Stem To The Future is located in Los Angeles, CA. The organization was established in 2019. 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 To The Future 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 06/2022, Stem To The Future generated $521.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 61.9% each year . All expenses for the organization totaled $372.1k during the year ending 06/2022. While expenses have increased by 58.3% per year over the past 4 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
TO PROVIDE SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH-FOCUSED EDUCATIONAL OPPORTUNITIES TO STUDENTS AND TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH THIS GOAL AS ALLOWED BY LAW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH-FOCUSED EDUCATIONAL OPPORTUNITIES TO STUDENTS AND TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH THIS GOAL AS ALLOWED BY LAW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Adams Executive Dir. | Trustee | 37 | $95,000 |
Cleon Rice Treasurer | OfficerTrustee | 2 | $0 |
Dr Dianne Hacket Chairman | OfficerTrustee | 2 | $0 |
Kenneth Johnson Secretary | OfficerTrustee | 2 | $0 |
Amy Berkhoudt-Woodman Trustee | Trustee | 2 | $0 |
Financial Statements
| 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 | $313,239 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $313,239 |
| Total Program Service Revenue | $207,792 |
| 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 | $521,031 |
| 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. | $95,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $144,737 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,751 |
| Payroll taxes | $11,483 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,700 |
| 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 | $25,048 |
| Advertising and promotion | $10,397 |
| Office expenses | $4,493 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $989 |
| Travel | $8,017 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $65 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,956 |
| All other expenses | $7,615 |
| Total functional expenses | $372,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,345 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $155,250 |
| 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 | $354,595 |
| Accounts payable and accrued expenses | $12,611 |
| 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 | $86,067 |
| Other liabilities | $0 |
| Total liabilities | $98,678 |
| Net assets without donor restrictions | $165,917 |
| Net assets with donor restrictions | $90,000 |
| 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 | $354,595 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Stem To The Future has recieved totaling $105,159.
| Awarding Organization | Amount |
|---|---|
Southern California Grantmakers Los Angeles, CA PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,159 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Educational & Research Foundation Los Angeles, CA | $67,129,472 | $66,230,945 |
Panda Cares Foundation Inc Las Vegas, NV | $37,372,072 | $45,451,718 |
Xq Institute Oakland, CA | $14,589,368 | $51,717,404 |
Room To Read San Francisco, CA | $51,354,748 | $61,954,261 |
South Bay Workforce Investment Board Inc Hawthorne, CA | $7,623,488 | $36,083,167 |
Compass Charter Schools Thousand Oaks, CA | $14,467,036 | $29,961,787 |
New Teacher Center Santa Cruz, CA | $27,814,525 | $27,076,985 |
Alpha Public Schools Inc San Jose, CA | $20,794,542 | $26,321,038 |
Give To Learn To Grow Foundation Culver City, CA | $40,470 | $188,892 |
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |