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Vector Space

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

EIN: 473633116 ✦ Lynchburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Vector Space?

Vector Space is a nonprofit organization situated in Lynchburg, Virginia, with a focus on providing enriching experiences for teens in the field of STEM. Through in-depth projects, led by professionals in their respective fields, students gain hands-on learning opportunities. These projects, lasting between 25 and 40 hours, culminate in finished projects, public events, or performances. Additionally, Vector Space offers workshops for both teen and adult students, providing skills-based learning experiences. These workshops range from three to eight hours, with an average of four participants. The organization's mission is to establish an open and collaborative community that encourages innovation, creativity, and the pursuit of scientific knowledge.


Official website here: www.vector-space.org

Is Vector Space legitimate?

Vector Space is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vector Space 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: $42,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $63

For more financial information, click here


Official website here: www.vector-space.org

What is the mission statement of Vector Space?

Vector Space aims to establish an open and collaborative community that encourages innovation, creativity, and the pursuit of science-based knowledge. This community serves as a platform for students, offering in-depth projects and workshops. The projects, guided by professionals in STEM fields, provide hands-on learning experiences, resulting in completed projects, public events, or performances. Workshops, on the other hand, focus on skills-based learning, catering to both teen and adult students. These workshops typically last between 3 to 8 hours and accommodate small groups, averaging four students.


Official website here: www.vector-space.org

Who is the CEO of Vector Space?

Elise Spontarelli is the Board Chair of Vector Space.


Official website here: www.vector-space.org

What is the revenue of Vector Space?

Vector Space's revenue in 2022 was $452,413.


Official website here: www.vector-space.org

Who are the executives of Vector Space and what are their salaries?

The average compensation at Vector Space during 2022 was $14,228. There are 3 employees and 60 volunteers at Vector Space.


Here are 11 key members and their salaries:


Bob Bailey (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rayfurd Thompson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Spontarelli (Director Of Education)
  • Compensation: $19,500
  • Related: $0
  • Other: $0
Bethanie Mickles (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Sheldon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelline Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Bullock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Bentson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Bogacik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nat Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elise Spontarelli (Executive Director)
  • Compensation: $20,041
  • Related: $0
  • Other: $0


Official website here: www.vector-space.org

Where can I find the form 990 for Vector Space?

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


Official website here: www.vector-space.org

Learn more at the official website: www.vector-space.org

Mission Statement of Vector Space

Vector Space, an open and collaborative community, is dedicated to fostering innovation, creativity, and the pursuit of science-based knowledge. The organization's mission is to provide a platform that encourages hands-on learning experiences for teens through in-depth projects and workshops. These projects, typically lasting between 25 to 40 hours, culminate in a finished product, public event, or performance. The workshops, on the other hand, offer skills-based learning opportunities for both teen and adult students, usually accommodating four individuals at a time. These workshops span over 3 to 8 hours, promoting a nurturing environment for the exchange of ideas and knowledge in various STEM fields.

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Impact




October, 2024

Vector Space fosters an environment that nurtures innovation and creativity through collaborative community engagement. By focusing on hands-on learning experiences, it provides teens with opportunities to delve into STEM fields, guided by professional mentors. The in-depth projects, which span 25 to 40 hours, culminate in tangible outputs such as public events or performances, instilling a sense of accomplishment and real-world application of skills.

The workshops enhance this initiative, offering skills-based learning tailored for both teens and adults. These sessions ensure that participants gain practical expertise in a short amount of time, typically ranging from 3 to 8 hours, allowing for concentrated learning and personal growth.

Located in Lynchburg, VA, Vector Space aims to create a supportive network that encourages the pursuit of science-based knowledge and the arts. This impact promotes a culture of lifelong learning and innovation, bridging gaps in education and equipping individuals with the skills they need to thrive in an evolving landscape. Ultimately, Vector Space cultivates a community where creativity flourishes, and individuals are empowered to explore and expand their capabilities.




This information is meant to be a general summary of Vector Space. 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
$452,413 (2022)
Expenses
$206,206 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $81
  • Program Service Revenue: $32,764
  • Gross Receipts: $452,435

Assets and Liabilities:

  • Total Assets: $474,124
  • Total Liabilities: $651
  • Net Assets: $473,473

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Programs

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

PROGRAM SERVICE

Revenue

$32,764

Organization Details

Founding Year

2015

Principal Officer

Elise Spontarelli

Main Address

402 FIFTH ST, LYNCHBURG, VA, 24504

NTEE Category

Code: A90 - Arts

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