Totals
- Total revenue
- $12,130,436
- Total expenses
- $10,860,086
- Contributions and grants received
- $12,120,074
- Grants paid
- $4,341,466
- Program service revenue
- $38,252
- Investment income
- -$27,890
- Other revenue
- $0
- Total assets, end of year
- $11,167,712
- Total liabilities, end of year
- $780,555
- Net assets or fund balances, end of year
- $10,387,157
- Program services expenses (Part IX)
- $9,579,666
- Management and general expenses
- $602,903
- Fundraising expenses
- $677,517
- Program service expenses (Part III)
- $9,579,666
Program services were 88.2% 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.
-
1f · All other contributions, gifts and grants
$12,120,074
-
1g · Noncash contributions included above
$4,013,668
-
2a · Program service revenue: FISCAL SPONSORSHIP FEES
total $38,252 · related or exempt $38,252
-
3 · Investment income
total $30,451 · excluded $30,451
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $5,357,311
-
7b · Less cost or other basis and sales expenses
securities $5,415,652
-
7c · Gain or loss
securities -$58,341
-
7d · Net gain or loss
total -$58,341 · related or exempt -$58,341
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,341,466 · program services $4,341,466
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $842,535 · program services $400,211 · management and general $86,266 · fundraising $356,058
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,483,442 · program services $1,143,498 · management and general $156,846 · fundraising $183,098
-
8 · Pension plan contributions
total $280,474 · program services $198,342 · management and general $37,237 · fundraising $44,895
-
9 · Other employee benefits
total $85,771 · program services $63,780 · management and general $15,098 · fundraising $6,893
-
10 · Payroll taxes
total $149,363 · program services $102,708 · management and general $16,096 · fundraising $30,559
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $16,738 · management and general $16,738
-
11c · Fees: accounting
total $40,860 · management and general $40,860
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $16,827 · management and general $16,827
-
11g · Fees: other
total $2,602,908 · program services $2,448,475 · management and general $130,408 · fundraising $24,025
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $8,366 · program services $1,687 · management and general $6,679
-
14 · Information technology
total $19,330 · program services $12,969 · management and general $6,073 · fundraising $288
-
15 · Royalties
total $0
-
16 · Occupancy
total $13,637 · program services $4,091 · management and general $6,819 · fundraising $2,727
-
17 · Travel
total $110,211 · program services $77,505 · management and general $32,580 · fundraising $126
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $22,180 · program services $6,294 · management and general $14,333 · fundraising $1,553
-
24a · Other expenses: EVENT EXPENSE
total $538,529 · program services $537,107 · fundraising $1,422
-
24b · Other expenses: PROGRAM EXPENSE
total $210,252 · program services $210,252
-
24c · Other expenses: MEMBERSHIPS AND DUES
total $37,624 · program services $11,150 · management and general $1,474 · fundraising $25,000
-
24d · Other expenses: MEals
total $20,660 · program services $11,809 · management and general $8,675 · fundraising $176
-
24e · All other expenses
total $18,913 · program services $8,322 · management and general $9,894 · fundraising $697
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,543,163 · end of year $2,129,458
-
2 · Savings and temporary cash investments
beginning of year $237,856 · end of year $52,880
-
3 · Pledges and grants receivable
beginning of year $4,525,000 · end of year $3,195,877
-
4 · Accounts receivable
beginning of year $11,351 · end of year $8,235
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $4,786 · end of year $4,675
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $1,983,057 · end of year $5,776,587
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $290,798 · end of year $189,041
-
18 · Grants payable
beginning of year $325,220 · end of year $189,600
-
25 · Other liabilities
beginning of year $277,862 · end of year $401,914
-
27 · Net assets without donor restrictions
beginning of year $1,776,822 · end of year $798,663
-
28 · Net assets with donor restrictions
beginning of year $7,634,511 · end of year $9,588,494
Mission and programs · 2022
Mission
BUILDING INCLUSION AND OPPORTUNITY FOR MILLIONS OF YOUNG PEOPLE AND CLOSING THE GENDER GAP IN STEM CAREERS.
Activities or mission (Part I)
STEM Next Opportunity Fund is a national leader, strategic guide, policy advocate, and investor that is bringing about a transformative expansion of high-quality and inclusive STEM learning opportunities.
-
STEM Next Opportunity Fund is a national, non-profit, non-partisan organization dedicated to scaling high-quality STEM (Science, Technology, Engineering & Math) learning to millions of youth with a particular focus on kids of color, girls and youth in under-resourced communities. Our mission is expanding exceptional STEM learning opportunities outside the classroom for all children everywhere. Through STEM learning in afterschool and summer, STEM Next creates pathways to economic opportunity and fuels innovation.STEM learning beyond the classroom inspires youth and prepares them for future success in STEM as well as many other fields. Outside the structured school day, hands-on STEM learning provides a fertile environment to experiment, build confidence and develop life skills like critical thinking, collaboration, perseverance, creativity and communication. Despite this power and potential, STEM learning in afterschool and summer is underutilized and under-prioritized across the U.S a critical issue STEM Next is working to solve as a national nonprofit.What We DoSTEM Next brings together a diversity of partners and leads synchronized efforts to achieve our common goal of equity in STEM. By leveraging partnerships, STEM Next mobilizes funding and accelerates what works to reach the 10 million young people served in more than 100,000 local afterschool and summer programs across all 50 states. For youth, our work increases STEM access, interest, identity, and career knowledge. Our three big strategic initiatives to Engage Learners Everywhere are:- Growing STEM Leaders: Raising awareness, building skills & connecting problem-solvers across communities- Advancing Policy & Research: Powering lasting change in STEM learning by putting ideas into action- Leading Moonshot Bets: Local, regional & national challenges that create seismic STEM learning shifts for youth & educatorsEvery $1 invested in STEM Next Opportunity Fund programs: - Enables more youth to build, invent and discover every afternoon- Sparks summer STEM learning opportunities for youth- Brings STEM opportunities to more families and communities across the U.S.Nationally and locally, STEM Next programs create seismic STEM learning shifts for millions of youth and hundreds of thousands of educators.
Expenses $9,579,666 · Grants $4,341,466
As filed on the 2022 return.
Listed in Part VII
-
RON OTTINGER
EXEC DIR/SECY
- Total calculated
- $404,256
- From this org
- $337,104
- From related orgs
- $0
- Other
- $67,152
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $306,004
- Bonus
- $31,100
- Other
- not reported
- Deferred
- $36,600
- Nontaxable benefits
- $30,552
- Filer's total
- $404,256
-
TERESA DREW
DEPUTY DIRECTOR
- Total calculated
- $277,199
- From this org
- $247,500
- From related orgs
- $0
- Other
- $29,699
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $227,500
- Bonus
- $20,000
- Other
- not reported
- Deferred
- $29,699
- Nontaxable benefits
- not reported
- Filer's total
- $277,199
-
KAM KYZER
SR DIR DEVELOPMENT
- Total calculated
- $254,664
- From this org
- $227,379
- From related orgs
- $0
- Other
- $27,285
- Hours/week
- 20
Schedule J breakdown matched by us
- Base
- $194,098
- Bonus
- $33,281
- Other
- not reported
- Deferred
- $27,285
- Nontaxable benefits
- not reported
- Filer's total
- $254,664
-
NICOLE EVANS
DIR RESOURCE DEVEL
- Total calculated
- $196,183
- From this org
- $175,161
- From related orgs
- $0
- Other
- $21,022
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,311
- Bonus
- $7,850
- Other
- not reported
- Deferred
- $21,022
- Nontaxable benefits
- not reported
- Filer's total
- $196,183
-
QUINCY BROWN
DIR SPACE FELLOW
- Total calculated
- $193,690
- From this org
- $172,858
- From related orgs
- $0
- Other
- $20,832
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,858
- Bonus
- not reported
- Other
- not reported
- Deferred
- $20,832
- Nontaxable benefits
- not reported
- Filer's total
- $193,690
-
PATTI CURTIS
INFORM EDUC FELLOW
- Total calculated
- $193,395
- From this org
- $172,460
- From related orgs
- $0
- Other
- $20,935
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,460
- Bonus
- not reported
- Other
- not reported
- Deferred
- $20,935
- Nontaxable benefits
- not reported
- Filer's total
- $193,395
-
MELISSA MORITZ
DIRECTOR OF POLICY
- Total calculated
- $191,981
- From this org
- $170,273
- From related orgs
- $0
- Other
- $21,708
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,273
- Bonus
- not reported
- Other
- not reported
- Deferred
- $21,708
- Nontaxable benefits
- not reported
- Filer's total
- $191,981
-
STEPHANIE RODRIGUEZ
WORKFORCE FELLOW
- Total calculated
- $191,860
- From this org
- $171,028
- From related orgs
- $0
- Other
- $20,832
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,028
- Bonus
- not reported
- Other
- not reported
- Deferred
- $20,832
- Nontaxable benefits
- not reported
- Filer's total
- $191,860
-
AMANDA HANNO
ASSOC DIR FIN/ADM
- Total calculated
- $114,027
- From this org
- $114,027
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
PENDRED NOYCE
President/Chair
- Total calculated
- $0
- Hours/week
- 3
-
DENNIS BARTELS
Director
- Total calculated
- $0
- Hours/week
- 1
-
GWYNN HUGHES
Director
- Total calculated
- $0
- Hours/week
- 1
-
CELINE COGGINS
Director
- Total calculated
- $0
- Hours/week
- 1
-
REGINALD MCGREGOR
Treasurer
- Total calculated
- $0
- Hours/week
- 3
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
VARIOUS - ATTACHED SCHEDULE
$4,338,691
STEM PROGRAMS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333129349302138
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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