Idaho Stem Action Center Foundation
- Assets
- $98.0
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 04/2018
- Data as of
- 06/2022
- EIN
- 82-2903945
Organization Overview
Idaho Stem Action Center Foundation is located in Boise, ID. The organization was established in 2018. According to its NTEE Classification (U12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Stem Action Center Foundation 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, Idaho Stem Action Center Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 39.4% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 43.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SECURE AND PROVIDE FUNDING FOR STEM EDUCATION FOR IDAHO EDUCATORS, STUDENTS, AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC-PRIVATE PARTNERSHIP - SUPPORTS PARTNERSHIPS BETWEEN THE FOUNDATION, IDAHO STEM ACTION CENTER, AND THE MANY IDAHO BUSINESSES AND ORGANIZATIONS THAT SUPPORT THEIR COMMUNITIES WITH PROGRAM FUNDING. IDAHO STEM ACTION CENTER MATCHES PRIVATE FUNDING FOR STEM PROGRAMS TO LEVERAGE COMMUNITY PARTNERSHIPS.
COMPETITIONS - THE FOUNDATION SUPPORTS VARIOUS STUDENT STEM COMPETITIONS ACROSS THE STATE BY PROVIDING INFRASTRUCTURE, STUDENT TRAVEL, AND STUDENT MATERIALS/TECHNOLOGY. COMPETITIONS INCORPORATE ROBOTICS, CODING, SCIENCE AND/OR ENGINEERING, AND PROVIDE OPPORTUNITIES FOR STUDENTS TO DEVELOP 21ST CENTURY SKILLS SUCH AS PROBLEM SOLVING AND TEAMWORK.
GENERAL - SUPPORTS EFFORTS TO INCREASE AWARENESS OF THE NEED FOR STEM IN IDAHO COMMUNITIES, TO BUILD PARTNERSHIPS WITH INDUSTRY FOR GREATER ACCESS TO STEM LEARNING OPPORTUNITIES, AND INITIATIVES OF IDAHO STEM ACTION CENTER. ONE SUCH INITIATIVE IS THE IDAHO STEM ECOSYSTEM WHICH BRINGS TOGETHER STEM EDUCATION AND WORKFORCE DEVELOPMENT STAKEHOLDERS FROM ACROSS THE STATE TO WORK TOWARDS A STEM-LITERATE IDAHO.
OTHER GRANTS AND PROFESSIONAL DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanna Madden Development | Officer | 10 | $59,800 |
Marney Ellis Grant Writer | Trustee | 4 | $19,760 |
Sondra Chadd Financial Of | Officer | 2 | $3,348 |
Nick Aldinger Secretary | OfficerTrustee | 1 | $0 |
Laurie Anderson Chair | OfficerTrustee | 1 | $0 |
Dr Dave Hill Board Member | OfficerTrustee | 0.5 | $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 | $1,170,460 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,170,460 |
| 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 | $1,140,460 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,170,412 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,170,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98 |
| 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 | $98 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $98 |
| 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 | $98 |
Grants Awarded
Over the last fiscal year, Idaho Stem Action Center Foundation has awarded $390,108 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
IDAHO STEM ACTION CENTER PURPOSE: SEE PART IV | $224,958 |
IDAHO STEM ACTION CENTER | | | $145,150 |
IDAHO STEM ACTION CENTER | | | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Idaho Stem Action Center Foundation has recieved totaling $365,449.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $167,335 |
Idaho Community Foundation Inc Boise, ID PURPOSE: SUPPORT GENERAL OPERATIONS FOR EDUCATION | $47,321 |
Power Foundation Inc Meridian, ID PURPOSE: CHARITABLE AND/OR EDUCATIONAL PURPOSES | $37,500 |
At&t Foundation Dallas, TX PURPOSE: EDUCATION | $25,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
Idaho Power Foundation Inc Boise, ID PURPOSE: WORLD CENTER FOR BIRDS OF PREY THE PEREGRINE FUND | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Space Grant Foundation Inc Albany, OR | $2,928,513 | $2,097,734 |
Vertuelab Portland, OR | $3,945,647 | $2,326,583 |
Idaho Stem Action Center Foundation Boise, ID | $98 | $1,140,460 |
Perlan Project Inc Beaverton, OR | $1,278,425 | $1,310,788 |
Phyllis And Mark Leppert Foundation For Fertility Research Salt Lake City, UT | $19,672 | $0 |
Electrijet Research Foundation Greenacres, WA | $406 | $0 |