Overview
What is Stem Alliance Of Larchmont- Mamaroneck Inc?
Stem Alliance of Larchmont-Mamaroneck Inc is a nonprofit organization committed to bridging educational gaps and providing equal access to STEM learning resources. Based in Mamaroneck, New York, they work to create a network of STEM opportunities that engage both children and community members. Their primary mission is to equip learners with urgently needed STEM skills, which are linked to higher wage earnings and fewer periods of unemployment. In addition to their core mission, they organize and run the Co-op Summer Enrichment Program, an initiative catering to low-income children in the Mamaroneck Union Free School District. This program offers six weeks of STEM-focused academic and recreational experiences, serving around 265 elementary students, 50 middle school students, and 20 leaders-in-training. By promoting STEM education, this program aims to combat the summer slide and provide a ladder of opportunity, helping to break the cycle of poverty. The Stem Alliance's work is dedicated to inspiring innovation, empowering communities, and creating opportunities for all.
Official website here: www.lmstemalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating. This rating indicates that Stem Alliance Of Larchmont-Mamaroneck Inc demonstrates a high level of accountability and financial health. The overall score reflects a strong commitment to transparency and governance, particularly highlighted by its 90% independent board members and strong audit practices.
The organization excels in program expenses, allocating 79.56% of its budget directly to its initiatives, which is indicative of effective resource management. Their financial oversight measures, such as comprehensive conflict of interest and whistleblower policies, further enhance their credibility. However, the fundraising efficiency ratio of $0.06 suggests that the organization may face challenges in fundraising effectiveness.
User feedback highlights the positive impact of the organization’s programs, particularly in engaging volunteers. One reviewer praised the professionalism of the team and the variety of services offered, which include mentoring and support for community events. This feedback underscores the organization's strong community connections and effective volunteer engagement efforts.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Stem Alliance Of Larchmont- Mamaroneck Inc legitimate?
Stem Alliance Of Larchmont- Mamaroneck Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stem Alliance Of Larchmont- Mamaroneck 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: $105,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $720,708
For more financial information, click here
Official website here: www.lmstemalliance.org
What is the mission statement of Stem Alliance Of Larchmont- Mamaroneck Inc?
The Stem Alliance of Larchmont-Mamaroneck Inc aims to bridge systematic education gaps by providing equal access to critical Science, Technology, Engineering, and Mathematics (STEM) learning resources. Their goal is to empower communities, inspire innovation, and create opportunities for all. The organization focuses on creating a network of STEM learning opportunities, connecting learners to skills that are both needed to address current challenges and associated with higher wage earning and fewer periods of unemployment. They are committed to equal access to STEM enrichment experiences for all, recognizing that these skills can serve as a ladder of opportunity, helping to break the cycle of poverty. Their Co-op Summer Enrichment program, which serves low-income children, plays a critical role in the overall academic success of at-risk students, providing STEM-focused academic and summer recreational experiences. The program also promotes leadership opportunities and employment in STEM education for local teenagers and young adults.
Official website here: www.lmstemalliance.org
Who is the CEO of Stem Alliance Of Larchmont- Mamaroneck Inc?
Margaret Kaufer is the President of Stem Alliance Of Larchmont- Mamaroneck Inc.
Official website here: www.lmstemalliance.org
What is the revenue of Stem Alliance Of Larchmont- Mamaroneck Inc?
Stem Alliance Of Larchmont- Mamaroneck Inc's revenue in 2022 was $1,207,961.
Official website here: www.lmstemalliance.org
Who are the executives of Stem Alliance Of Larchmont- Mamaroneck Inc and what are their salaries?
The average compensation at Stem Alliance Of Larchmont- Mamaroneck Inc during 2022 was $6,401. There are 129 employees and 210 volunteers at Stem Alliance Of Larchmont- Mamaroneck Inc.
Here are 9 key members and their salaries:
- Compensation: $70,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lmstemalliance.org
Where can I find the form 990 for Stem Alliance Of Larchmont- Mamaroneck Inc?
Stem Alliance Of Larchmont- Mamaroneck Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lmstemalliance.org
Learn more at the official website: www.lmstemalliance.org
Mission Statement of Stem Alliance Of Larchmont- Mamaroneck Inc
The Stem Alliance of Larchmont-Mamaroneck Inc is a nonprofit organization dedicated to bridging systemic gaps in education, providing equal access to critical science, technology, engineering, and mathematics (STEM) learning resources. Their mission is to empower communities, inspire innovation, and create opportunities for all. The Stem Alliance recognizes the importance of STEM skills in addressing today's problems and in offering higher wage earning potential and fewer periods of joblessness for job seekers. They are committed to equal access to STEM enrichment experiences for all, aiming to break the cycle of poverty.
The Stem Alliance's activities are centered around their Co-op Summer Enrichment program. This program, which serves low-income children in the Mamaroneck Union Free School District, offers a six-week summer program that combines STEM-focused academic experiences with summer recreation. The program serves around 245 elementary students, 48 middle school students, and 20 leaders-in-training. The Stem Alliance employs over 60 diverse, local teenagers and young adults to promote leadership opportunities and employment in STEM education. This program plays a crucial role in the overall academic success of at-risk students.
The Stem Alliance's Co-op Summer Enrichment program serves as a summer slide initiative while also connecting underserved children to STEM skills that are directly related to future employability and higher wages. The program includes project-based learning inquiries in STEM disciplines, additional STEM learning experiences, and field trips to various scientific institutions. The Stem Alliance's mission is reflected in their commitment to providing equal access to STEM enrichment experiences and their efforts to combat summer learning loss for vulnerable local children.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The STEM Alliance of Larchmont-Mamaroneck Inc's impact is significant in bridging systemic gaps in education to provide equal access to critical STEM learning resources. By organizing and running programs like the CO-OP Summer Enrichment, they create opportunities for children in the Mamaroneck area to engage in STEM-focused academic and recreational experiences. Serving a large number of elementary and middle school students, many of whom come from low-income backgrounds, this program plays a crucial role in enhancing academic success, combating summer learning loss, and connecting underserved children to STEM skills essential for future employability and higher wages. Through their efforts, the STEM Alliance is empowering communities, inspiring innovation, and creating opportunities for all, especially focusing on youth development and breaking the cycle of poverty.
This information is meant to be a general summary of Stem Alliance Of Larchmont- Mamaroneck 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.
- Investment Income: -$12,432
- Program Service Revenue: $593,856
- Gross Receipts: $1,459,705
Assets and Liabilities:
- Total Assets: $818,215
- Total Liabilities: $140,990
- Net Assets: $677,225
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$593,856
Organization Details
Founding Year
2012
Phone
(914) 419-1733Principal Officer
Margaret Kaufer
Main Address
606 ORIENTA AVE, MAMARONECK, NY, 10543
Website
www.lmstemalliance.orgNTEE Category
Code: O50 - Youth development
If you are a representative of Stem Alliance Of Larchmont- Mamaroneck Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.