Overview
What is Stem Synergy Inc?
Stem Synergy Inc, located at 929 Massachusetts Avenue, Apt 101, Cambridge, MA 02139, is a nonprofit organization committed to fostering youth innovation, entrepreneurship, and career preparedness. By leveraging STEM education, technology transfer, and social enterprises, they aim to expand economic opportunities. Their mission involves encouraging deep learning, creativity, and scientific inquiry to tackle real-world societal issues. The organization's activities and mission focus on nurturing young minds to become problem solvers and contribute positively to the economy.
Official website here: www.stemsynergy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Stars
Stem Synergy Inc has received an 82% rating from Charity Navigator, which translates to a Three-Star rating. This score reflects the organization's commitment to accountability and finance, as it is based entirely on this single beacon. The ratings indicate that the charity maintains a strong governance structure with a high percentage of independent board members.
The organization scored excellently in several key areas, including having 80% of its board members independent and no material diversion of assets. Additionally, it has effective program expense ratios, with 69.31% of expenses directed towards its programs. The charity's website is appropriately listed on its tax form, and it documents board meeting minutes well, showcasing its commitment to transparency.
However, there are limitations noted in the evaluation, particularly the absence of a whistleblower policy and documentation retention and destruction policies. While these factors did not significantly impact the overall score, addressing them could enhance the organization’s governance framework. Overall, Stem Synergy Inc demonstrates a solid foundation in accountability, though there's room for improvement in certain policy areas.
This AI summary has been generated from information found on Charity Navigator.
Is Stem Synergy Inc legitimate?
Stem Synergy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stem Synergy Inc 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.
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Executive Compensation: $0
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Other Salaries and Wages: $0
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Official website here: www.stemsynergy.org
What is the mission statement of Stem Synergy Inc?
Stem Synergy Inc's mission is centered around fostering youth innovation and entrepreneurship, with a focus on expanding economic opportunities. This is achieved through STEM education, technology transfer, and the establishment of social enterprises. The organization also encourages deep learning, creativity, and the scientific inquiry method to address real-world societal issues. In essence, Stem Synergy Inc aims to prepare the youth for successful careers while contributing to societal solutions.
Official website here: www.stemsynergy.org
Who is the CEO of Stem Synergy Inc?
Tsegaye Legesse Legesse is the Exec Director of Stem Synergy Inc.
Official website here: www.stemsynergy.org
What is the revenue of Stem Synergy Inc?
Stem Synergy Inc's revenue in 2022 was $500.
Official website here: www.stemsynergy.org
Who are the executives of Stem Synergy Inc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.stemsynergy.org
Where can I find the form 990 for Stem Synergy Inc?
Stem Synergy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stemsynergy.org
Learn more at the official website: www.stemsynergy.org
Mission Statement of Stem Synergy Inc
Stem Synergy Inc, a nonprofit organization, is dedicated to fostering innovation, entrepreneurship, and career readiness among youth. By leveraging STEM education, technology transfer, and social enterprises, Stem Synergy Inc aims to expand economic opportunities and stimulate innovation. The organization encourages a deep learning approach, creativity, and the scientific inquiry method to address real-world societal issues. In essence, Stem Synergy Inc is committed to empowering the younger generation to solve complex problems and contribute positively to society, thereby preparing them for successful careers.
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Impact
October, 2024
Stem Synergy Inc significantly impacts youth by fostering innovation, entrepreneurship, and career preparedness through robust STEM education. By focusing on technology transfer and social enterprises, the organization empowers young individuals to explore and develop creative solutions to real-world challenges. Located in Cambridge, MA, Stem Synergy Inc promotes deep learning and the scientific inquiry method, equipping future leaders with the skills necessary to navigate and address societal issues. This initiative expands economic opportunities for youth on an international level, nurturing a generation capable of driving positive change and contributing to a sustainable future.
This information is meant to be a general summary of Stem Synergy Inc. 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.
- Gross Receipts: $500
Assets and Liabilities:
- Total Assets: $454,319
- Total Liabilities: $149,781
- Net Assets: $304,538
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Organization Details
Founding Year
2015
Principal Officer
Tsegaye Legesse Legesse
Main Address
929 MASSACHUSETTS AVENUE APT 101, Cambridge, MA, 02139
Website
www.stemsynergy.orgNTEE Category
Code: Q33 - International
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