Overview
What is Transcend Stem Education?
Transcend Stem Education is a nonprofit organization situated in Coppell, Texas. Their primary focus is on serving the underrepresented and minority population who are at risk. They offer educational and community development services, including industry-approved certificate development, employer partnerships, and homeless prevention. Transcend Stem Education provides essential support such as rental assistance, mortgage aid, and basic necessities like food, clothing, and household items. Once individuals have access to these essentials, they are encouraged to participate in online workforce development courses and secure remote job referrals. The organization has a small team of seven dedicated employees.
Official website here: www.transcendstem.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star Rating
Transcend Stem Education has earned an 85% rating, reflecting a strong performance in Accountability & Finance. The organization boasts a fully independent board and exhibits strong financial practices, such as no material diversion of assets and a perfect score in program expense ratio, indicating that 100% of its expenses are dedicated to its mission.
The organization has also implemented robust governance policies, including conflict of interest and whistleblower policies, which contribute to its accountability. However, it has been noted that its working capital ratio is relatively low at 0.06 years, which could pose challenges for financial stability in case of unforeseen expenses.
Overall, while Transcend Stem Education demonstrates significant strengths in its financial management and governance structures, attention should be given to its working capital to ensure ongoing operational success.
This AI summary has been generated from information found on Charity Navigator.
Is Transcend Stem Education legitimate?
Transcend Stem Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transcend Stem Education 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: $62,102
For more financial information, click here
Official website here: www.transcendstem.org
What is the mission statement of Transcend Stem Education?
Transcend Stem Education, through its mission, focuses primarily on the education and community development of underrepresented and minority populations at risk. Their key activities include providing industry-approved certificate development programs, fostering employer partnerships, and offering professional development opportunities. Furthermore, they are committed to homeless prevention and housing assistance. Transcend Stem Education's primary goal is to empower these individuals by offering resources such as rental assistance, mortgage aid, and essentials like food, clothing, and household items. Once participants are ready, they are encouraged to enroll in online workforce development courses and receive remote job referrals.
Official website here: www.transcendstem.org
Who is the CEO of Transcend Stem Education?
Haphen Muchapondwa is the Program Director of Transcend Stem Education. The CEO's salary of Transcend Stem Education is $0 and their total compensation is $0.
Official website here: www.transcendstem.org
What is the revenue of Transcend Stem Education?
Transcend Stem Education's revenue in 2022 was $1,841,926.
Official website here: www.transcendstem.org
Who are the executives of Transcend Stem Education and what are their salaries?
The average compensation at Transcend Stem Education during 2022 was $8,872. There are 7 employees and 30 volunteers at Transcend Stem Education.
Here are 7 key members and their salaries (Transcend Stem Education's CEO's salary is $0 and their total compensation is $0):
- Compensation: $39,000
- Related: $0
- Other: $0
- Compensation: $40,760
- Related: $0
- Other: $0
- Compensation: $41,760
- 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.transcendstem.org
Where can I find the form 990 for Transcend Stem Education?
Transcend Stem Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.transcendstem.org
Learn more at the official website: www.transcendstem.org
Mission Statement of Transcend Stem Education
Transcend Stem Education is dedicated to providing Educational and Community Development Services. Their primary focus is on an underrepresented population at risk, specifically minorities. The organization offers Industry Approved Cert Development, Employer Partnerships, and Professional Development to empower individuals within this group. A significant part of their mission involves addressing housing needs through Homeless Prevention and Housing Assistance programs. Transcend Stem Education's initiatives extend beyond providing basic necessities such as food, clothing, and household items. They also enroll eligible participants in online workforce development courses and offer remote job referrals, aiming to uplift and equip this population to enhance their employability and improve their lives.
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Impact
July, 2024
Transcend Stem Education has had a significant impact on the community by providing educational and workforce development services to over 10,000 program participants. The organization has offered rental assistance, homeless prevention, mortgage assistance, and basic necessities like food, clothing, and housewares to those in need before enrolling them in online workforce development courses and remote job referrals. Through industry-approved certifications, professional development opportunities, and employer partnerships, Transcend Stem Education has empowered individuals from underrepresented and at-risk populations to access skill-building programs and secure meaningful employment. Their commitment to community improvement has created a positive ripple effect in Coppell and beyond.
This information is meant to be a general summary of Transcend Stem Education. 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: $1,841,926
Assets and Liabilities:
- Total Assets: $1,791,321
- Total Liabilities: $0
- Net Assets: $1,791,321
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Organization Details
Founding Year
2015
Phone
(800) 758-9151Principal Officer
Haphen Muchapondwa
Main Address
320 TX 121 Ste Suite J207, Coppell, TX, 75019
Website
www.transcendstem.orgNTEE Category
Code: S30 - Community improvement
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