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Northeast Florida Regional Stem2 Hub Inc

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

EIN: 474302882 ✦ Ponte vedra beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Northeast Florida Regional Stem2 Hub Inc?

Northeast Florida Regional Stem2 Hub Inc is a nonprofit organization situated in Ponte Veda Beach, Florida. Their primary focus is to foster high-quality STEM education for children through afterschool and summer programs. They collaborate with partners to deliver enriching STEM experiences, such as robotics, web design, and computer science/coding. The organization also works towards bridging the digital divide by providing students with access to computers. Their mission is to accelerate the growth of STEM2 initiatives in the Northeast Florida region by convening, inspiring, and investing in the STEM2 field, ultimately leading to the advancement of STEM education and careers. The nonprofit employs a small team of 5 dedicated individuals.


Official website here: www.stem2hub.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 73%)

Northeast Florida Regional Stem2 Hub Inc has received a two-star rating, indicating areas requiring improvement. While the organization excels in community engagement and feedback collection, its accountability and finance score of 69 suggests potential weaknesses in financial transparency and governance. The organization demonstrates a strong commitment to program expenses, with an impressive program expense ratio of nearly 90%.

Despite having a fully independent board, some critical policies are notably absent, including those for conflict of interest, whistleblower protection, and document retention. These gaps may hinder the organization's overall governance and accountability. Additionally, the tax form is not posted on the nonprofit's website, which raises concerns about transparency for stakeholders.

On a positive note, the organization shows robust practices in utilizing feedback and addressing challenges, evidenced by perfect scores in these areas. Their equity strategies score of 83 highlights a commitment to inclusivity and equity within their programs. Overall, while there are strengths in community engagement and program management, the organization must address governance shortcomings to enhance its credibility and effectiveness.


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

Is Northeast Florida Regional Stem2 Hub Inc legitimate?

Northeast Florida Regional Stem2 Hub Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Florida Regional Stem2 Hub 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: $136,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,948

For more financial information, click here


Official website here: www.stem2hub.org

What is the mission statement of Northeast Florida Regional Stem2 Hub Inc?

The Northeast Florida Regional Stem2 Hub Inc is committed to accelerating the growth of STEM2 initiatives and measured outcomes in the region. They achieve this by convening, inspiring, and investing in the STEM2 field. The organization provides essential missing elements to accelerate the expansion of STEM2 education and careers. Through partnerships and afterschool/summer programs, the Stem2 Hub offers high-quality learning experiences rich in STEM exposure, incorporating robotics, web crews, and computer science/coding. They even provide students with computer access, aiming to bridge the digital divide.


Official website here: www.stem2hub.org

Who is the CEO of Northeast Florida Regional Stem2 Hub Inc?

Kathleen Schofield is the Executive Director of Northeast Florida Regional Stem2 Hub Inc.


Official website here: www.stem2hub.org

What is the revenue of Northeast Florida Regional Stem2 Hub Inc?

Northeast Florida Regional Stem2 Hub Inc's revenue in 2022 was $1,885,881.


Official website here: www.stem2hub.org

Who are the executives of Northeast Florida Regional Stem2 Hub Inc and what are their salaries?

The average compensation at Northeast Florida Regional Stem2 Hub Inc during 2022 was $62,790. There are 5 employees at Northeast Florida Regional Stem2 Hub Inc.


Here are 3 key members and their salaries:


Kathleen Schofield (Executive Director)
  • Compensation: $136,000
  • Related: $0
  • Other: $0
David Reichard (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Kane (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stem2hub.org

Where can I find the form 990 for Northeast Florida Regional Stem2 Hub Inc?

Northeast Florida Regional Stem2 Hub Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stem2hub.org

Learn more at the official website: www.stem2hub.org

Mission Statement of Northeast Florida Regional Stem2 Hub Inc

Northeast Florida Regional Stem2 Hub Inc is an organization dedicated to fostering the growth of STEM2 initiatives in the Northeast Florida region. Their mission is threefold: to convene, inspire, and invest in the STEM2 field. By providing the essential missing elements, they aim to accelerate the expansion of STEM2 education and careers.

Through partnerships and afterschool/summer programs, Northeast Florida Regional Stem2 Hub Inc works to infuse high-quality learning experiences into the lives of students. These experiences are rich in exposure to various STEM fields, including robotics, web crews, and computer science/coding. The organization ensures that students have access to computers and works to bridge the digital divide. By doing so, they contribute to the development of a skilled and knowledgeable workforce in the STEM2 sector.

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Impact




July, 2024

Northeast Florida Regional STEM2 Hub Inc plays a crucial role in accelerating the growth of STEM2 initiatives in the Northeast Florida region. Through its programs and partnerships with schools and afterschool/summer programs, the STEM2 Hub ensures that students have access to high-quality afterschool learning experiences focused on STEM subjects like robotics, web design, and computer science/coding. Additionally, the organization helps bridge the digital divide by providing students with access to necessary technology resources such as computers. By convening, inspiring, and investing in the STEM2 field, Northeast Florida Regional STEM2 Hub Inc is making a significant impact on STEM education and career opportunities in the region.




This information is meant to be a general summary of Northeast Florida Regional Stem2 Hub 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
$1,885,881 (2022)
Expenses
$1,674,601 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,885,881

Assets and Liabilities:

  • Total Assets: $344,834
  • Total Liabilities: $4,612
  • Net Assets: $340,222

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Organization Details

Founding Year

2015

Principal Officer

Kathleen Schofield

Main Address

139 PONTE VEDRA BLVD, PONTE VEDRA BEACH, FL, 32082

NTEE Category

Code: B90 - Education

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