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← STEM ALLIANCE OF LARCHMONT-MAMARONECK INC

Form 990 for tax year 2023

Filed by STEM ALLIANCE OF LARCHMONT-MAMARONECK INC.

Totals

Total revenue
$2,949,392
Total expenses
$3,238,295
Contributions and grants received
$2,248,319
Grants paid
$13,000
Program service revenue
$692,348
Investment income
$6,451
Other revenue
$2,274
Total assets, end of year
$1,310,394
Total liabilities, end of year
$724,353
Net assets or fund balances, end of year
$586,041
Program services expenses (Part IX)
$2,699,470
Management and general expenses
$415,498
Fundraising expenses
$123,327
Program service expenses (Part III)
$2,699,470

Program services were 83.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $207,500

  • 1e · Government grants (contributions)

    $692,600

  • 1f · All other contributions, gifts and grants

    $1,348,219

  • 1g · Noncash contributions included above

    $28,840

  • 2a · Program service revenue: EDUCATIONAL PROGRAMS

    total $692,348 · related or exempt $692,348

  • 3 · Investment income

    total $727 · excluded $727

  • 7a · Gross sales of assets other than inventory

    other assets $21,000

  • 7b · Less cost or other basis and sales expenses

    other assets $15,276

  • 7c · Gain or loss

    other assets $5,724

  • 7d · Net gain or loss

    total $5,724 · excluded $5,724

  • 11d · All other revenue

    total $2,274 · excluded $2,274

  • 11e · Other revenue, total

    $2,274

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $13,000 · program services $13,000

  • 5 · Compensation of officers, directors and key employees

    total $80,000 · program services $64,000 · management and general $12,000 · fundraising $4,000

  • 7 · Other salaries and wages

    total $1,608,269 · program services $1,398,640 · management and general $185,863 · fundraising $23,766

  • 9 · Other employee benefits

    total $82,052 · program services $71,086 · management and general $9,617 · fundraising $1,349

  • 10 · Payroll taxes

    total $130,663 · program services $113,201 · management and general $15,313 · fundraising $2,149

  • 11c · Fees: accounting

    total $86,243 · management and general $86,243

  • 11e · Fees: professional fundraising services

    total $10,200 · fundraising $10,200

  • 11g · Fees: other

    total $141,505 · program services $91,138 · management and general $27,314 · fundraising $23,053

  • 13 · Office expenses

    total $50,788 · program services $32,981 · management and general $8,398 · fundraising $9,409

  • 14 · Information technology

    total $61,983 · program services $42,095 · management and general $10,793 · fundraising $9,095

  • 16 · Occupancy

    total $161,575 · program services $123,565 · management and general $34,718 · fundraising $3,292

  • 19 · Conferences, conventions and meetings

    total $71,272 · program services $25,488 · management and general $10,965 · fundraising $34,819

  • 22 · Depreciation, depletion and amortization

    total $2,122 · program services $1,909 · management and general $213

  • 23 · Insurance

    total $30,401 · program services $18,469 · management and general $11,932

  • 24a · Other expenses: PROGRAM SUPPLIES AND TE

    total $707,031 · program services $703,439 · management and general $1,433 · fundraising $2,159

  • 24e · All other expenses

    total $1,191 · program services $459 · management and general $696 · fundraising $36

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $277,738 · end of year $105,824

  • 2 · Savings and temporary cash investments

    beginning of year $14,520 · end of year $15,246

  • 3 · Pledges and grants receivable

    beginning of year $219,979 · end of year $493,989

  • 4 · Accounts receivable

    beginning of year $330,886 · end of year $68,274

  • 8 · Inventories for sale or use

    beginning of year $52,851 · end of year $48,585

  • 9 · Prepaid expenses and deferred charges

    beginning of year $57,245 · end of year $34,964

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $17,399 · end of year $0

  • 15 · Other assets

    beginning of year $670,131 · end of year $543,512

  • 17 · Accounts payable and accrued expenses

    beginning of year $111,650 · end of year $187,126

  • 25 · Other liabilities

    beginning of year $651,456 · end of year $537,227

  • 27 · Net assets without donor restrictions

    beginning of year $284,903 · end of year $140,497

  • 28 · Net assets with donor restrictions

    beginning of year $592,740 · end of year $445,544

Mission and programs · 2023

Mission

THROUGH A COMBINATION OF STEM ENRICHMENT, DIGITAL INCLUSION, AND SUMMER LEARNING PROGRAMS, THE STEM ALLIANCE ADVANCES EQUAL OPPORTUNITY IN EDUCATION. OUR EVIDENCE-BASED MODEL HAS 5 DIFFERENTIATING FACTORS.HIGH QUALITY: OUR HANDS-ON, RESEARCH DRIVEN CURRICULUM MEETS THE HIGHEST STANDARDS THROUGH REGULAR EVALUATION AND ITERATION.STRATEGIC PARTNERSHIPS: WE PARTNER WITH LOCAL NONPROFITS THAT HAVE TRUSTED RELATIONSHIPS WITH POTENTIAL PARTICIPANTS AND HOST ALL PROGRAMS. DEDICATED ADVOCACY: WE SHAPE STATEWIDE PRIORITIES ACROSS OUR WORK STREAMS AS MEMBERS OF REGIONAL, STATE AND FEDERAL NETWORKS.UNBOUNDED INNOVATION: WE LISTEN TO THE NEEDS OF COMMUNITY MEMBERS AND RESPOND WITH RELEVANT PROGRAMMING, USING DATA TO EVOLVE AND IMPROVE OUR WORK.OPERATIONAL EXCELLENCE: WE ENGAGE IN STRATEGIC, LONG-TERM PLANNING, WITH RIGOROUS CASH MANAGEMENT, MISSION-ALIGNED FINANCIAL AND STAFFING SYSTEMS AND INCLUSIVE TALENT PRACTICES TO ENSURE EFFECTIVE ADMINISTRATION OF COMPLEX CONTRACTS.

Activities or mission (Part I)

SEE SCHEDULE OTHE STEM ALLIANCE BRIDGES SYSTEMIC GAPS IN EDUCATION TO PROVIDE EQUAL ACCESS TO CRITICAL SCIENCE, TECHNOLOGY, ENGINEERING AND MATH LEARNING RESOURCES WITH THE GOAL OF EMPOWERING COMMUNITIES, INSPIRING INNOVATION AND CREATING OPPORTUNITY FOR ALL.

  • DIGITAL EQUITY: SINCE 2020, THE STEM ALLIANCE HAS DELIVERED ONE OF NEW YORK'S MOST ROBUST DIGITAL INCLUSION MODELS. OUR DIGITAL PATHWAYS PROGRAM IS A FULLY ARTICULATED DIGITAL NAVIGATOR MODEL THAT HAS DISTRIBUTED 4,000+ CHROMEBOOKS, CONNECTED 2,000+ HOUSEHOLDS TO AFFORDABLE INTERNET, AND DELIVERED SKILLS TRAINING TO NEARLY 3,000 CLIENTS. WE DEPLOY A TRAINED CORPS OF DIGITAL NAVIGATORS TO ASSESS EACH CLIENT'S DIGITAL NEEDS AND THEN WE PROVIDE CUSTOM SOLUTIONS - DEVICE OWNERSHIP, DIGITAL LITERACY TRAINING AND ASSISTANCE ENROLLING IN FREE/AFFORDABLE INTERNET - AS NEEDED. THESE OUTCOMES ARE SUPPORTED BY MULTILINGUAL STAFFING, SEAMLESS REFERRAL SYSTEMS, AND DATA-DRIVEN PROGRAM MANAGEMENT THROUGH A CUSTOM DESIGN CLIENT RELATIONSHIP TECH PLATFORM. PRE- AND POST-PROGRAM SURVEYS REVEAL A 3X INCREASE IN COMFORT WITH WORKFORCE TOOLS, A 13-POINT GAIN IN DIGITAL CONFIDENCE, AND A 98% PARTICIPANT SATISFACTION RATE ON AVERAGE FOR ALL CLIENTS. SPANISH-SPEAKING PARTICIPANTS SAW THE MOST DRAMATIC GAINS, NARROWING CRITICAL ACCESS GAPS. THREE TO SIX MONTHS AFTER COMPLETION, 80% OF CLIENTS REPORTED BETTER FINANCIAL MANAGEMENT, 77% HAD IMPROVED WORKFORCE SKILLS, AND 56% HAD LAUNCHED OR EXPANDED A SMALL BUSINESS.THIS PROGRAM BEGAN DURING THE COVID-19 PANDEMIC. AT THAT TIME, THE STEM ALLIANCE RAPIDLY PIVOTED FROM AN IN-PERSON STEM ENRICHMENT PROVIDER TO MEET URGENT COMMUNITY NEEDS IN THE AREA OF DIGITAL ACCESS AND SUPPORT. SINCE THEN, WE HAVE TRANSFORMED AN EARLY $500,000 PILOT INTO $5 MILLION IN INVESTMENTS IN -- BUILDING OPPORTUNITY, FINANCIAL EMPOWERMENT AND MORE THROUGH DIGITAL INCLUSION. THIS TRANSFORMATION HIGHLIGHTS OUR ABILITY TO REMAIN NIMBLE IN TIMES OF CRISIS, RESILIENT AMID CHANGING CONDITIONS, AND RESPONSIVE TO THE EVOLVING NEEDS OF THE COMMUNITIES WE SERVE.MOREOVER, AS A FOUNDING MEMBER OF THE NEW YORK STATE DIGITAL EQUITY NETWORK AND A TRUSTED LIAISON TO NEW YORK'S CONNECTALL OFFICE (OUR STATE'S BROADBAND OFFICE), WE ARE HELPING TO SHAPE NEW YORK'S STATEWIDE STRATEGY FOR DIGITAL INCLUSION. WE ARE PREPARED TO CONTINUE TO EXPAND THIS MODEL TO NEW REGIONS AND DEEPEN OUR REACH IN HIGH-NEED COMMUNITIES.

    Expenses $1,450,798 · Grants $13,000 · Revenue $161,138

  • STEM ENRICHMENT: IN 2024 ALONE, THE STEM ALLIANCE DELIVERED 168 STEM PROGRAMS ACROSS 44 PARTNER SITES SERVING MORE THAN 2,500 STUDENTS AND FAMILIES, A 73% INCREASE OVER THE PREVIOUS YEAR. OVER 60% OF OUR PARTICIPANTS CAME FROM UNDER-RESOURCED COMMUNITIES. EVERY PROGRAM IS ASSESSED USING A NATIONALLY BENCHMARKED EVALUATION TOOL - DIMENSIONS OF SUCCESS - DEVELOPED AT PARTNERS FOR EDUCATION AND RESILIENCE (PEAR). THIS RIGOROUS REVIEW PROCESS SETS OUR STANDARDS, DOCUMENTS SUCCESS/CHALLENGES AND HELPS US SUSTAIN HIGH-QUALITY PROGRAMMING ACROSS DIVERSE SITES THROUGH AN INTERACTIVE PROCESS. WE EMBRACE A CONSTANT, INNOVATIVE GROWTH MINDSET ABOUT OUR WORK. FROM COMPETITIVE ROBOTICS TEAMS AND SITE-BASED SCIENCE LABS TO FAMILY TINKERING NIGHTS AND COUNTYWIDE FESTIVALS, OUR PROGRAMS ARE JOYFUL, CULTURALLY RESPONSIVE, AND DESIGNED TO EXPAND ACCESS AND INCLUSION. WE OFFER OUR PROGRAMS AT REDUCED COST OR FOR FREE BASED ON FUNDING INCLUDING, FOR EXAMPLE, PROVIDING 92 SCHOLARSHIPS TO OUR IMMERSIVE, OPEN WATER STEM SAILS ON LONG ISLAND SOUND. OTHER MAJOR EVENTS INCLUDE OUR ANNUAL STEM-TASTIC FESTIVAL (1,200+ ATTENDEES), THREE FIRST LEGO LEAGUE ROBOTICS TEAMS, AND A DOZEN TINKERING NIGHTS HOSTED REGIONALLY.OUR PROGRAMS ARE POWERED BY A FULL TIME, TRAINED TEAM THAT BRINGS TOGETHER EXPERTISE IN LOGISTICS, INSTRUCTION, AND DATAENSURING THAT WE CAN OPERATE AT SCALE WHILE ALSO ENSURING THAT EVERY PROGRAM RUNS SMOOTHLY, MEETS HIGH STANDARDS, AND DELIVERS MEANINGFUL RESULTS. WITH NEW PROGRAM PARTNERS EXPRESSING INTEREST AND CURRENT WAITLISTS GROWING, OUR ABILITY TO EXPAND OUR REACH WHILE MAINTAINING QUALITY IS AN EXCITING OPPORTUNITY FOR FUTURE INVESTMENT.

    Expenses $707,236 · Revenue $231,550

  • STEM SUMMER ENRICHMENT: SUMMER IS A CRITICAL TIME IN THE LIVES OF CHILDREN; HOWEVER, IT IS ALSO A TIME OF SIGNIFICANT INEQUITY. RESEARCH SHOWS THAT CHILDREN FROM LOW-INCOME HOUSEHOLDS LACK ACCESS TO QUALITY SUMMER PROGRAMMING WHICH CONTRIBUTES TO A PHENOMENON KNOWN AS "SUMMER SLIDE," THE LOSS OF SKILLS OVER THE SUMMER MONTHS. RESEARCH FURTHER SHOWS THAT INFORMAL STEM LEARNING EXPERIENCES - OUTSIDE OF SCHOOL TIME - HAVE A STRONG IMPACT ON STEM INTEREST, STEM CONFIDENCE AND PERSISTENCE IN STEM LEARNING. THE STEM ALLIANCE MEETS THESE DUAL NEEDS BY BRINGING QUALITY STEM ENRICHMENT TO HIGH NEED COMMUNITIES DURING THE SUMMER MONTHS.THE STEM ALLIANCE'S LEAD SUMMER INITIATIVE IS CO-OP SUMMER ENRICHMENT, A LARGE-SCALE STEM SUMMER CAMP THAT SERVES FAMILIES WITH FINANCIAL NEED. SINCE ASSUMING MANAGEMENT IN 2016, THE STEM ALLIANCE HAS MODERNIZED AND EXPANDED THIS BELOVED COMMUNITY PROGRAM (WITH A 60 YEAR HISTORY), LEADING IT TO EARN THE NATIONAL EXCELLENCE IN SUMMER LEARNING AWARD IN 2023 (ONE OF EIGHT NATIONALLY).THE PROGRAM SERVES 290+ STUDENTS ANNUALLY (90% OF WHOM QUALIFY FOR FREE OR REDUCED LUNCH) AND EMPLOYS MORE THAN 60 LOCAL TEENS AS PAID YOUTH EDUCATORS. STUDENTS ROTATE THROUGH HIGH-ENGAGEMENT STEM LABS, INCLUDING DISSECTION, FLIGHT ENGINEERING, AND STOP-MOTION ANIMATION, ALONGSIDE FIELD TRIPS AND CULTURAL ENRICHMENT EXPERIENCES.IMMEDIATE BENEFITS OF THE PROGRAM ARE MEASURED ANNUALLY: 93% OF CAMPERS AGREED THAT CO-OP MADE THEM A BETTER STUDENT. 98% OF COUNSELORS AGREED THAT THEY TOOK RISKS, TRYING NEW SKILLS, ACTIVITIES AND TASKS 95% OF RISE LEADERS SAID THAT THE PROGRAM HELPED THEM DEVELOP COMMUNICATION AND LISTENING SKILLS. 80% OF PARENTS INDICATED THAT "CONTINUED LEARNING" IS THE PRIMARY REASON WHY THEY CHOSE CO-OP FOR THEIR CHILDBEYOND SHORT TERM OUTCOMES, LONG TERM OUTCOMES INCLUDE: 4X GREATER READING GAINS THAN PEERS 26% INCREASE IN AP/HONORS COURSE ENROLLMENT AMONG ALUMNI HIGH STAFF RETENTION AND FAMILY SATISFACTION RATESTHESE OUTCOMES ARE MADE POSSIBLE BY A DEDICATED TEAM THAT ENSURES SEASONAL STAFF ARE WELL-TRAINED, FAMILIES ARE KEPT INFORMED IN THEIR HOME LANGUAGES, STUDENTS ARRIVE SAFELY, AND PROGRAM QUALITY IS CONTINUOUSLY MONITORED AND IMPROVED.CO-OP SERVES AS A REGION-WIDE CATALYST FOR OPPORTUNITY AND A SUCCESSFUL TESTING GROUND FOR SOME OF OUR MOST INNOVATIVE IDEAS. WITH DEMAND RISING AND A PROVEN INFRASTRUCTURE IN PLACE, WE HAVE EXPANDED OUR WORK TO PARTNER WITH OTHER SUMMER PROGRAMS DURING THE SUMMER MONTHS TO ENHANCE THEIR STEM OFFERINGS. THIS INCLUDES BUT IS NOT LIMITED TO: YWCA NEW ROCHELLE, BOYS AND GIRLS CLUB OF NEW ROCHELLE, PORT CHESTER CARVER CENTER AND G.O.O.D. FOR GIRLS. IN THE SUMMER MONTHS, AS WITH ALL OF OUR PROGRAMMING, WE LEVERAGE PARTNERSHIPS TO BRING OUR QUALITY STEM PROGRAMMING DIRECTLY INTO COMMUNITIES THROUGH TRUSTED PARTNERS.

    Expenses $541,436 · Revenue $299,660

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sarah Coady

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Joy Chaillou

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Mark Manley

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Aarthi Muthukrishnan

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Estroff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pietro Catizone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nilesh Jain

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lauren Buonome

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steven Stieglitz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Diana Barrera

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Irene Ianuzzi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Margaret Kaufer

    PRESIDENT/ CHIEF VISIONARY OFFICER

    Total calculated
    $82,307
    From this org
    $82,307
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
30 June 2025
IRS schema version
2023v6.0
Source object
202541829349301549

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