Stem Equity Initiative Inc
- Assets
- $32.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Parkville, MD
- Founding
- 03/2019
- Data as of
- 06/2022
- EIN
- 83-1909902
Organization Overview
Stem Equity Initiative Inc is located in Parkville, MD. The organization was established in 2019. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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 Equity Initiative 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 06/2022, Stem Equity Initiative Inc generated $95.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $82.1k during the year ending 06/2022. While expenses have increased by 25.5% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claudia Morrell CEO | 30 | $34,000 | |
Michele Wolff Vice President | 5 | $1,000 | |
Leroy Daley President | 3 | $0 | |
Rebecca Parker Treasurer | 3 | $0 | |
Taryn Bayles Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5 |
| Total Program Service Revenue | $95,400 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,405 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,000 |
| Professional fees and other payments to independent contractors | $12,759 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $18 |
| Other expenses | $35,364 |
| Total expenses | $82,141 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,149 |
| Other assets | $0 |
| Total assets | $32,149 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,149 |
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|---|---|---|
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St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |
St Stephen S And St Agnes School Foundation Alexandria, VA | $47,445,810 | $11,356,184 |
Charles B Keesee Educational Fund Incorporated Martinsville, VA | $78,271,755 | $5,985,709 |
James Barry Robinson Home For Boys Trust Norfolk, VA | $49,691,285 | $5,553,084 |
Community College Of Philadelphia Foundation Philadelphia, PA | $17,835,018 | $4,924,395 |
Liberian Education Achievement & Resource Network Washington, DC | $510,785 | $2,650,000 |