Overview
What is Utah Stem Foundation Inc?
Utah Stem Foundation Inc is a nonprofit organization, part of the Utah Department of Cultural and Community Engagement (previously referred to as the Department of Heritage and Arts), located in Salt Lake City, Utah. Their primary mission is to bolster Utah's economic growth by fostering connections within the industry and providing STEM resources to the state. The foundation achieves this goal by collaborating with community partners and strategically allocating funds, with a focus on enhancing the efforts of the STEM Action Center. The Utah Stem Foundation's flagship program, the Utah Stem Bus, has received continued support for its fifth year. This grant ensures the program's sustainability, covering staffing needs and equipment costs. The Stem Bus travels to schools in Utah, delivering hands-on STEM instruction to students. Currently, there's a waiting list of over 100 schools eager to receive this educational service. The foundation's team of two dedicated individuals works tirelessly to drive the Stem Bus and engage with schools, contributing to the development of a STEM-competent workforce that will secure Utah's economic success in the global marketplace.
Official website here: www.stem.utah.gov
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
The Utah Stem Foundation Inc has received a rating of 78%, indicating a generally positive evaluation of its operations and governance. With a strong Accountability & Finance score of 74%, the organization demonstrates robust financial management practices, including a full score for its independent board members and a perfect program expense ratio, showcasing effective allocation of funds towards its mission.
In terms of leadership and adaptability, the foundation earned a perfect score. This reflects a well-structured leadership approach and the organization's ability to adapt to changing circumstances. However, it should be noted that while there are strengths in transparency and accountability, there are some gaps in its policies, particularly regarding the absence of a whistleblower and document retention policy.
The foundation scores impressively in Culture & Community with a score of 86, largely driven by exceptional constituent feedback practices. The organization excels in collecting and utilizing feedback from its constituents, ensuring that community needs are addressed effectively. Overall, the Utah Stem Foundation Inc is recognized for its strong financial practices and community engagement, even as it looks to improve its policy documentation.
This AI summary has been generated from information found on Charity Navigator.
Is Utah Stem Foundation Inc legitimate?
Utah Stem Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utah Stem Foundation 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: $69,725
For more financial information, click here
Official website here: www.stem.utah.gov
What is the mission statement of Utah Stem Foundation Inc?
The Utah Stem Foundation's mission is centered around promoting economic prosperity. It achieves this by supporting the Utah Stem Action Center, an arm of the Department of Cultural and Community Engagement (previously known as the Department of Heritage and Arts). The Stem Action Center's mission is to develop a competitive workforce in the field of Science, Technology, Engineering, and Mathematics (STEM), thereby ensuring the state's continued success in the global marketplace. The Utah Stem Foundation accomplishes this by collaborating with community partners to foster engagement and industry alignment. They also strategically allocate funds to enhance the Stem Action Center's efforts.
Official website here: www.stem.utah.gov
Who is the CEO of Utah Stem Foundation Inc?
Sue Redington is the Principal Officer of Utah Stem Foundation Inc.
Official website here: www.stem.utah.gov
What is the revenue of Utah Stem Foundation Inc?
Utah Stem Foundation Inc's revenue in 2022 was $603,206.
Official website here: www.stem.utah.gov
Who are the executives of Utah Stem Foundation Inc and what are their salaries?
The average compensation at Utah Stem Foundation Inc during 2022 was $34,862. There are 2 employees at Utah Stem Foundation Inc.
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Official website here: www.stem.utah.gov
Where can I find the form 990 for Utah Stem Foundation Inc?
Utah Stem Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stem.utah.gov
Learn more at the official website: www.stem.utah.gov
Mission Statement of Utah Stem Foundation Inc
Utah Stem Foundation Inc plays a crucial role in promoting economic prosperity by collaborating with community partners and aiding the Utah Stem Action Center. The primary mission of the Utah Stem Foundation is to enhance the efforts of the Stem Action Center, an entity under the Utah Department of Heritage and Arts, now known as the Department of Cultural and Community Engagement (CCE). The Stem Action Center's mission is to cultivate a competitive workforce in the field of STEM (Science, Technology, Engineering, and Mathematics) to ensure Utah's continued success in the global marketplace.
To achieve this goal, the Utah Stem Foundation focuses on building industry connections and providing essential STEM resources to the state of Utah. By collaborating with community partners, the foundation seeks to create engagement and industry alignment, which is vital for the development of a well-equipped and skilled workforce. The foundation also dedicates resources to deliberate allocation, ensuring that valuable funds are utilized effectively in supporting the Stem Action Center's mission. The Utah Stem Foundation's commitment to this endeavor is crucial in preparing the state's workforce for the ever-evolving global market, thereby bolstering Utah's overall economic growth.
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Impact
July, 2024
The Utah Stem Foundation Inc is making a significant impact by promoting economic prosperity through assisting the Utah STEM Action Center to build industry connections and provide STEM resources to the state of Utah. One of their key initiatives, the Utah STEM Bus Program, has received continued support for its fifth year under a five-year grant. This funding ensures the sustainability of the program, covering staffing needs and equipment expenses.
The foundation's staff drive the STEM bus to schools across Utah, offering hands-on STEM instruction to students. The program has been so successful that there is a waiting list of over 100 schools eager to receive the STEM bus for educational activities. By actively collaborating with community partners and strategically allocating resources, the Utah Stem Foundation is playing a crucial role in shaping a STEM competitive workforce in Utah. Their efforts align with the broader mission of the STEM Action Center to ensure Utah's continued economic success in the global marketplace.
This information is meant to be a general summary of Utah Stem Foundation 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.
- Gross Receipts: $603,206
Assets and Liabilities:
- Total Assets: $1,497,275
- Total Liabilities: $0
- Net Assets: $1,497,275
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Organization Details
Founding Year
2015
Phone
(801) 538-8800Principal Officer
Sue Redington
Main Address
60 E SOUTH TEMPLE STE 850, SALT LAKE CITY, UT, 84111
Website
www.stem.utah.govNTEE Category
Code: B90 - Education
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