Overview
What is The Washington Stem Center?
The Washington Stem Center, also known as Washington Stem, is a Washington state-based nonprofit organization dedicated to enhancing STEM education. Established in 2011, its primary mission is to increase access to high-demand degree programs for low- and middle-income students in STEM and healthcare fields. Washington Stem manages the Washington State Opportunity Scholarship (WSOS), which provides up to $22,500 over five years to support recipients' undergraduate education. The organization offers additional support services, including Persistence Services and Placement Services, to ensure students' success in their academic and professional careers. Persistence Services provide mentoring and academic readiness to ensure degree completion, while Placement Services focus on career readiness and soft skills development. Washington Stem also advocates for STEM education through policy and advocacy, regional STEM networks, and the dissemination of best practices.
Official website here: www.washingtonstem.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Washington Stem Center has achieved an excellent rating of 100%, reflecting its strong performance in Accountability & Finance. This high score is based solely on its commitment to transparency and responsible financial practices, which is essential for building donor trust and ensuring effective use of resources.
Key strengths of the organization include a fully independent board, detailed financial oversight, and robust policies in place for managing conflicts of interest and ensuring whistleblower protections. With a program expense ratio of 88.07%, the organization demonstrates a significant focus on funding its core mission, which is critical for nonprofits aiming to maximize their impact.
There are no notable limitations or concerns indicated in the data, suggesting that the Washington Stem Center operates with a high level of integrity and effectiveness. The comprehensive measures in place for governance and financial management contribute to its strong reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Washington Stem Center legitimate?
The Washington Stem Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Washington Stem Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,112,844
Professional Fundraising Fees: $101,197
Other Salaries and Wages: $3,317,711
For more financial information, click here
Official website here: www.washingtonstem.org
What is the mission statement of The Washington Stem Center?
The Washington Stem Center is a nonprofit organization dedicated to advancing excellence, equity, and innovation in science, technology, engineering, and mathematics (STEM) education. Through linked strategies, it focuses on policy and advocacy, regional STEM networks, and the dissemination of best practices. The center's mission is to enhance STEM education by creating policies, supporting networks, and sharing effective methods. It strives for excellence by working towards equitable opportunities in STEM fields and fostering innovation. The organization provides scholarships and support services to students pursuing high-demand STEM and healthcare degrees. These services include persistence services to ensure successful degree completion and placement services to launch students from college to careers.
Official website here: www.washingtonstem.org
Who is the CEO of The Washington Stem Center?
Lynne Varner is the Board Chair of The Washington Stem Center. The CEO's salary of The Washington Stem Center is $156,155 and their total compensation is $166,640.
Official website here: www.washingtonstem.org
What is the revenue of The Washington Stem Center?
The Washington Stem Center's revenue in 2022 was $13,456,695.
Official website here: www.washingtonstem.org
Who are the executives of The Washington Stem Center and what are their salaries?
The average compensation at The Washington Stem Center during 2022 was $72,632. There are 61 employees and 996 volunteers at The Washington Stem Center.
Here are 25 key members and their salaries (The Washington Stem Center's CEO's salary is $156,155 and their total compensation is $166,640):
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- Compensation: $156,155
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- Other: $10,239
Official website here: www.washingtonstem.org
Where can I find the form 990 for The Washington Stem Center?
The Washington Stem Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.washingtonstem.org
Learn more at the official website: www.washingtonstem.org
Mission Statement of The Washington Stem Center
The Washington Stem Center, a statewide nonprofit organization, is dedicated to advancing excellence, equity, and innovation in science, technology, engineering, and math (STEM) education. With a mission to make a significant impact in this field, the Center employs interconnected strategies that encompass policy and advocacy, regional STEM networks, and the dissemination of best practices.
Washington Stem Center's work is driven by its commitment to improving STEM education and addressing the challenges that come with it. By implementing policy and advocacy initiatives, the organization aims to create a supportive environment for STEM education, ensuring equal opportunities for students from all backgrounds. Through regional STEM networks, Washington Stem Center facilitates collaboration and knowledge-sharing among various stakeholders, fostering a strong and interconnected STEM community. Lastly, by sharing best practices, the organization strives to support the ongoing growth and improvement of STEM education in Washington state.
In practical terms, Washington Stem Center has spearheaded several programs to effectively carry out its mission. One such initiative is the Washington State Opportunity Scholarship (WSOS), a public-private partnership aimed at increasing access to high-demand degree programs for low- and middle-income students. By providing funds and support services to these students, the organization helps ensure their successful completion of their degrees. The Center also offers mentorship programs, both peer-to-peer and industry-based, providing students with valuable guidance and resources as they transition from college to a career.
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Impact
October, 2024
The Washington STEM Center significantly impacts the landscape of STEM education in Washington State by fostering excellence, equity, and innovation. Through its comprehensive strategies, it promotes effective policy advocacy, strengthens regional STEM networks, and disseminates best practices across educational institutions.
A key initiative is the Washington State Opportunity Scholarship (WSOS), which enhances access to high-demand degree programs for low- and middle-income students. By providing substantial financial support—up to $22,500 over five years—WSOS enables students to pursue bachelor's degrees in critical STEM and healthcare fields at over 60 eligible colleges and universities in Washington.
Additionally, the Center emphasizes student success beyond financial aid. It offers targeted persistence services through a peer mentoring model, where experienced scholars mentor newer students, fostering academic readiness and social stability. Placement services are also pivotal, building soft skills and ensuring students are career-ready through industry mentoring programs. This holistic approach not only helps students navigate their educational journeys but also prepares them for successful transitions into their careers.
Overall, the Washington STEM Center plays a vital role in changing the narrative around STEM education, enhancing opportunities for students from diverse backgrounds, and contributing to a well-prepared workforce in high-demand fields.
This information is meant to be a general summary of The Washington Stem Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $650,506
- Gross Receipts: $18,833,374
Assets and Liabilities:
- Total Assets: $7,696,629
- Total Liabilities: $447,410
- Net Assets: $7,249,219
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Organization Details
Founding Year
2009
Phone
(206) 658-4320Principal Officer
Lynne Varner
Main Address
210 S HUDSON ST, SEATTLE, WA, 98134
Website
www.washingtonstem.orgNTEE Category
Code: B90 - Education
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