Overview
What is Energized For Stem Academy Inc?
Energized For Stem Academy Inc, located in Houston, Texas, is a dedicated nonprofit organization with a mission to offer an exceptional academic experience to elementary and middle school students. Operating with 131 employees, their primary goal is to provide a nurturing, secure, and health-focused environment that fosters a college-bound culture. This culture aims to enhance the likelihood of high school graduation while preparing students for higher education. The organization receives and expends grants to achieve these objectives, ensuring that students receive superior academic support.
Official website here: www.stemforexcellenceacademy.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 1-Star out of Four Stars (58%)**
Energized For Stem Academy Inc has received a poor rating on Charity Navigator, with a total score of 58%, primarily based on its accountability and finance metrics. While the organization boasts a fully independent board, significant weaknesses were noted in their financial transparency, specifically regarding the absence of financial statements. This raises concerns about the organization's overall financial health and its ability to maintain effective operations.
The charity demonstrates good commitment with an 84.40% program expense ratio, indicating that a majority of its funds are directed toward its mission-related activities. However, other accountability measures, such as the lack of a conflict of interest policy and missing document retention procedures, suggest areas where the organization could improve its governance practices. The overall lack of financial documentation on its website further limits transparency and could deter potential donors.
As reviews from GreatNonprofits are unavailable, user feedback is not provided; therefore, the sentiment and experiences from the community cannot be detailed. In summary, while Energized For Stem Academy has a strong commitment to its programs, it faces significant challenges in financial accountability and transparency that require attention.
This AI summary has been generated from information found on Charity Navigator.
Is Energized For Stem Academy Inc legitimate?
Energized For Stem Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Energized For Stem Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,772,322
For more financial information, click here
Official website here: www.stemforexcellenceacademy.org
What is the mission statement of Energized For Stem Academy Inc?
Energized For Stem Academy Inc's mission is centered around providing an exceptional academic experience for its students in a nurturing, caring, safe, and health-focused environment. The academy embraces a college-bound culture, aiming to boost the likelihood of high school graduation and prepare students for higher education. This mission is designed to foster an environment that encourages academic growth and success. The academy's approach prioritizes the well-being of its students, ensuring they receive the support they need to thrive academically and personally.
Official website here: www.stemforexcellenceacademy.org
Who is the CEO of Energized For Stem Academy Inc?
Paula Harris is the President of Energized For Stem Academy Inc.
Official website here: www.stemforexcellenceacademy.org
What is the revenue of Energized For Stem Academy Inc?
Energized For Stem Academy Inc's revenue in 2022 was $7,195,517.
Official website here: www.stemforexcellenceacademy.org
Who are the executives of Energized For Stem Academy Inc and what are their salaries?
The average compensation at Energized For Stem Academy Inc during 2022 was $28,796. There are 131 employees at Energized For Stem Academy Inc.
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Official website here: www.stemforexcellenceacademy.org
Where can I find the form 990 for Energized For Stem Academy Inc?
Energized For Stem Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stemforexcellenceacademy.org
Learn more at the official website: www.stemforexcellenceacademy.org
Mission Statement of Energized For Stem Academy Inc
Energized For Stem Academy Inc is committed to delivering an exceptional educational experience to its students in a nurturing, safe, and health-focused environment. This nonprofit organization embraces a college-bound culture, with the aim of boosting the likelihood of high school graduation and preparing students for higher education. By providing superior academics, Energized For Stem Academy, Inc. aims to increase the chances of success for elementary and middle school children.
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Impact
July, 2024
Energized For Stem Academy Inc's impact is focused on providing a high-quality academic experience for students in a caring, nurturing, safe, and healthy environment. The organization embraces a college-bound culture to increase the likelihood of high school graduation and prepare students for college. Through grants and expenses, Energized For Stem Academy Inc has been able to deliver superior academics to elementary and middle school children in Houston, TX. This commitment to educational excellence contributes significantly to the academic growth and success of the students served by the organization.
This information is meant to be a general summary of Energized For Stem Academy 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: -$363,459
- Program Service Revenue: $7,355,136
- Gross Receipts: $7,195,517
Assets and Liabilities:
- Total Assets: $1,112,640
- Total Liabilities: $463,315
- Net Assets: $649,325
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HISD ADA FEE
Revenue
$6,660,136
TITLE I GRANT
Revenue
$331,709
ESSER GRANT
Revenue
$184,289
HISD GRANTS AND FEES
Revenue
$179,002
Organization Details
Founding Year
2008
Phone
(713) 734-3350Principal Officer
Paula Harris
Main Address
7055 BEECHNUT, HOUSTON, TX, 77074
NTEE Category
Code: B29 - Education
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