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Bio-Med Science Academy Stem School

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

EIN: 463199735 ✦ Rootstown, OH ✦ Designated as a 501(c)(3)

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Overview

What is Bio-Med Science Academy Stem School?

The Bio-Med Science Academy Stem School, located in Rootstown, Ohio, is a nonprofit institution that offers a cutting-edge learning environment. Its primary focus is on stimulating academic proficiency and rigor in science, technology, engineering, mathematics, and medicine (StemM) disciplines. By doing so, the school fosters creativity, originality, and a sense of community within its students. The Academy aims to provide opportunities for high school students from rural areas and is an integral part of the Northeast Ohio Medical University campus. Its mission is to promote academic excellence and nurture inventiveness in StemM fields, thereby enriching its student body.


Official website here: www.biomedscienceacademy.org

What are the reviews and ratings of this charity?

Charity Navigator has rated Bio-Med Science Academy Stem School with a Four-Star out of Four Star rating, scoring 96% in Accountability & Finance. This high rating indicates strong governance and transparency, as it indicates that the organization is managing its financial resources effectively. The score is derived from various factors such as independent board membership, financial oversight, and the absence of asset diversion, showcasing the organization's commitment to accountability.

The organization demonstrates significant strengths, including a fully independent board and a high program expense ratio, which suggests a strong focus on mission-driven activities. Additionally, their financial practices are robust, highlighted by the institution's policies on conflict of interest and material liabilities. However, it is important to note that the current rating does not evaluate aspects such as impact measurement, culture, or adaptability, which are also critical for assessing a nonprofit's overall effectiveness.

User reviews from GreatNonprofits could not be fetched, so no public sentiment analysis is available at this time. Overall, while the financial health of Bio-Med Science Academy is clearly strong, potential donors and stakeholders might also benefit from information regarding the organization's impact and community engagement initiatives.


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

Is Bio-Med Science Academy Stem School legitimate?

Bio-Med Science Academy Stem School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bio-Med Science Academy Stem School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.biomedscienceacademy.org

What is the mission statement of Bio-Med Science Academy Stem School?

The Bio-Med Science Academy Stem School is dedicated to establishing an innovative and advanced learning environment. This environment fosters academic excellence and rigor in the disciplines of science, technology, engineering, mathematics, and medicine (StemM). Beyond academic prowess, the school encourages creativity, inventiveness, and a sense of community among its students. The Bio-Med Academy also aims to offer opportunities to high school students from rural areas, making it an integral part of the Northeast Ohio Medical University campus.


Official website here: www.biomedscienceacademy.org

Who is the CEO of Bio-Med Science Academy Stem School?

Tammy Rizzo is the Chief Administrative Officer of Bio-Med Science Academy Stem School.


Official website here: www.biomedscienceacademy.org

What is the revenue of Bio-Med Science Academy Stem School?

Bio-Med Science Academy Stem School's revenue in 2022 was $10,802,422.


Official website here: www.biomedscienceacademy.org

Who are the executives of Bio-Med Science Academy Stem School and what are their salaries?


Here are 10 key members and their salaries:


Stephanie Lammlein (Chief Administrative Officer)
  • Compensation: $0
  • Related: $122,757
  • Other: $0
Larry Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Fuentes (Board Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thea Sears (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Chudakoff (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Kratcoski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Kurchev (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Testa (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Chudakoff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Rizzo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.biomedscienceacademy.org

Where can I find the form 990 for Bio-Med Science Academy Stem School?

Bio-Med Science Academy Stem School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.biomedscienceacademy.org

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

Mission Statement of Bio-Med Science Academy Stem School

Bio-Med Science Academy Stem School is committed to establishing an innovative and advanced learning environment that encourages academic excellence and rigor in science, technology, engineering, mathematics, and medicine (StemM) disciplines. This mission is accomplished by nurturing creativity and inventiveness in its students, fostering a sense of community within the school. The academy aims to provide opportunities for high school students from rural communities, making it an integral part of the Northeast Ohio Medical University campus. By offering a progressive learning environment, Bio-Med Science Academy Stem School aims to cultivate well-rounded individuals equipped with the necessary skills to excel in the StemM fields.

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Impact




July, 2024

Bio-Med Science Academy STEM School's impact is significant in preparing high school students for success in science, technology, engineering, mathematics, and medicine disciplines. The innovative and progressive learning environment provided by the academy nurtures creativity, inventiveness, and community among its students. By offering opportunities to students from rural communities, Bio-Med Science Academy contributes to enhancing the educational landscape in Northeast Ohio. Through its rigorous academic curriculum and emphasis on STEM disciplines, the academy is shaping the future leaders in these fields and fostering a culture of excellence in education.




This information is meant to be a general summary of Bio-Med Science Academy Stem School. 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
$10,802,422 (2022)
Expenses
$10,800,066 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,744
  • Program Service Revenue: $162,793
  • Gross Receipts: $10,802,422

Assets and Liabilities:

  • Total Assets: $32,556,045
  • Total Liabilities: $6,553,797
  • Net Assets: $26,002,248

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Programs

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

Tuition and Fees

Revenue

$162,793

Organization Details

Founding Year

2013

Principal Officer

Tammy Rizzo

Main Address

4211 STATE ROUTE 44, ROOTSTOWN, OH, 44272

NTEE Category

Code: B29 - Education

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