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Ispace Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311767871 ✦ Evendale, OH ✦ Designated as a 501(c)(3)

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Overview

What is Ispace Inc?

Ispace Inc, situated in Evendale, Ohio, is a regional nonprofit organization that specializes in STEM education. They provide a diverse range of educational programs, catering to students, educators, and families throughout the Greater Cincinnati and Tri-State area. These programs are designed to offer engaging and energized learning experiences in the fields of science, technology, engineering, and mathematics (STEM). One of their notable initiatives is Summer Camps, a series of week-long programs for children in grades K-12, focusing on hands-on STEM activities beyond the classroom. The camps incorporate subjects such as technology, robotics, engineering, environmental science, chemistry, earth/space sciences, physics, and more, all in a professionally-staffed environment. With a workforce of 38 dedicated individuals, Ispace Inc is committed to fostering a passion for STEM learning and inspiring future innovators.


Official website here: www.ispacestem.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

Ispace Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and financial management. The organization scored particularly well in various governance and operational measures, such as having a fully independent board of directors and maintaining a comprehensive audit and oversight committee. Such high scores indicate a commitment to transparency and prudent financial practices.

User reviews from Great Nonprofits highlight Ispace's significant impact on the local community, serving over 27,500 K-12 students and 5,500 adults through engaging STEM programs. These initiatives, which include interactive field trips and summer camps, are designed to inspire a love for science and technology while aligning with educational standards. Users appreciate the hands-on learning experiences that help students develop critical thinking and problem-solving skills.

While the overall data paints a positive picture for Ispace Inc, there may be areas for improvement in financial ratios, such as the liabilities to assets ratio. However, the high program expense ratio suggests that a large portion of their funds is directed toward direct programming and services, which is a promising sign for potential donors and supporters looking for effective use of their contributions.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Ispace Inc?

98% of 27 reviewers on Facebook recommend iSPACE Inc. Here is a summary of their reviews:

The organization is praised for offering engaging and interactive STEM experiences designed for kids from Pre-K through Grade 12, as well as educators. Parents and users appreciate the hands-on learning opportunities provided through various programs, including field trips and summer camps.

Overall, the sentiment surrounding iSPACE Inc. is overwhelmingly positive, with many highlighting the fun and educational nature of the experiences, indicating that the nonprofit successfully meets the expectations of its participants.


This AI summary has been generated from reviews found on Facebook.

Is Ispace Inc legitimate?

Ispace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ispace 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $67,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,690

For more financial information, click here


Official website here: www.ispacestem.org

What is the mission statement of Ispace Inc?

Ispace Inc, serving a wider community, operates as a "learning through doing" organization. It offers a variety of engaging STEM (Science, Technology, Engineering, Mathematics) programs, catering to students, educators, and families. These programs are tailored to accommodate diverse learning styles and ages, aiming to provide a unique and energetic learning experience in the fields of science and technology. The organization's mission is to foster an environment that encourages hands-on learning, promoting the growth and development of individuals in these disciplines.


Official website here: www.ispacestem.org

Who is the CEO of Ispace Inc?

Sue Hare is the Trustee of Ispace Inc.


Official website here: www.ispacestem.org

What is the revenue of Ispace Inc?

Ispace Inc's revenue in 2022 was $717,205.


Official website here: www.ispacestem.org

Who are the executives of Ispace Inc and what are their salaries?

The average compensation at Ispace Inc during 2022 was $7,378. There are 38 employees and 300 volunteers at Ispace Inc.


Here are 17 key members and their salaries:


Amar Bhati (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Cosimi (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Dershaw (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luana Iorio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Lehman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Leopard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Morgan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Murphy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Neenan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris Paul (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Siegel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Whitt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Young (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Parthenakis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helene Harte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zecie Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Hare (Executive Director)
  • Compensation: $67,692
  • Related: $0
  • Other: $0


Official website here: www.ispacestem.org

Where can I find the form 990 for Ispace Inc?

Ispace Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ispacestem.org

Learn more at the official website: www.ispacestem.org

Mission Statement of Ispace Inc

Ispace Inc, a regional learning-through-doing organization, is dedicated to serving the greater Cincinnati and Tri-State region. Their primary mission is to provide a diverse array of educational programs tailored to students, educators, and families, focusing on STEM (Science, Technology, Engineering, Mathematics) subjects. These programs are designed to cater to various learning styles and age groups, aiming to deliver unique and highly energized learning experiences. Ispace Inc strives to foster an environment where individuals can engage in hands-on STEM activities, enabling them to gain practical knowledge and develop a passion for these fields.

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Impact




October, 2024

Ispace Inc plays a vital role in the Greater Cincinnati and Tri-State region by enhancing STEM education through hands-on, engaging experiences for students, educators, and families. By offering a diverse array of educational programs, including summer camps for children in grades K through 12, Ispace Inc provides unique opportunities that extend learning beyond the traditional classroom setting.

These summer camps cover various subjects such as technology, robotics, engineering, environmental science, chemistry, and earth/space sciences, allowing participants to explore complex concepts in an interactive and fun environment. This experiential learning approach not only fosters a deeper understanding of STEM fields but also ignites interest and enthusiasm among young learners.

Furthermore, Ispace Inc accommodates a wide range of learning styles, ensuring that every student has the opportunity to thrive. This commitment to inclusivity and engagement helps to cultivate the next generation of problem solvers and innovators, ultimately contributing to the region's educational and economic growth. By bridging the gap between education and real-world application, Ispace Inc significantly impacts the future of STEM education and workforce readiness in the community.




This information is meant to be a general summary of Ispace 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.

Revenue
$717,205 (2022)
Expenses
$562,107 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,430
  • Program Service Revenue: $227,040
  • Gross Receipts: $717,205

Assets and Liabilities:

  • Total Assets: $1,084,764
  • Total Liabilities: $573,048
  • Net Assets: $511,716

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM REVENUE

Revenue

$227,040

Organization Details

Founding Year

2001

Principal Officer

Sue Hare

Main Address

10020 READING RD, EVENDALE, OH, 45241

NTEE Category

Code: A57 - Arts

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