Overview
What is Stem Next Opportunity Fund?
Stem Next Opportunity Fund is a national non-profit organization based in San Diego, California, dedicated to broadening access to high-quality STEM (Science, Technology, Engineering, and Math) learning for millions of youth, with a focus on underrepresented children, girls, and communities with limited resources. Their mission is to expand exceptional STEM learning opportunities beyond the classroom and inspire future success. By collaborating with partners and mobilizing resources, they enhance STEM education in afterschool and summer programs, advocating for policy changes and investing in innovative projects. With a team of 17 employees, Stem Next Opportunity Fund aims to create seismic shifts in STEM learning and bridge the gap towards gender equality in STEM careers.
Official website here: www.stemnext.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
Stem Next Opportunity Fund has achieved an impressive 98% score on Charity Navigator, reflecting a strong commitment to accountability and transparency. With a high program expense ratio of 87.36%, most of its funds are directed towards its programs, indicating effective resource allocation. The organization also boasts a robust fundraising efficiency ratio, ensuring low costs in raising funds, which is a positive sign for potential donors.
The organization excels in its leadership and community engagement, with perfect scores in leadership adaptability and culture. An independent board comprising 83% members supports its governance, and the nonprofit has established comprehensive policies regarding conflict of interest, whistleblower protection, and document retention. These practices contribute to a strong ethical framework.
Despite the positive scores, it's important for potential supporters to note that while the organization seems well-managed, ongoing evaluation of impact and program effectiveness will be key in ensuring long-term success. Overall, Stem Next Opportunity Fund demonstrates a commendable operational standard and dedication to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Stem Next Opportunity Fund legitimate?
Stem Next Opportunity Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stem Next Opportunity Fund 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: $842,535
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,483,442
For more financial information, click here
Official website here: www.stemnext.org
What is the mission statement of Stem Next Opportunity Fund?
The Stem Next Opportunity Fund is a national organization dedicated to scaling high-quality STEM learning opportunities for millions of youth, with a focus on underrepresented groups and girls. Their mission is to bring about a transformative expansion of inclusive STEM education outside the classroom, paving the way for economic opportunity and innovation. Through strategic partnerships and initiatives, they aim to increase STEM access, interest, and career knowledge for young people across the United States. Their efforts include raising awareness and building skills, advancing policy and research, and investing in local and national moonshot projects to create significant STEM learning shifts. Every dollar invested in their programs enables more youth to experiment, build confidence, and develop critical skills, improving outcomes for both young people and educators.
Official website here: www.stemnext.org
Who is the CEO of Stem Next Opportunity Fund?
Ronald L Ottinger is the Principal Officer of Stem Next Opportunity Fund.
Official website here: www.stemnext.org
What is the revenue of Stem Next Opportunity Fund?
Stem Next Opportunity Fund's revenue in 2022 was $12,130,436.
Official website here: www.stemnext.org
Who are the executives of Stem Next Opportunity Fund and what are their salaries?
The average compensation at Stem Next Opportunity Fund during 2022 was $136,822. There are 17 employees and 7 volunteers at Stem Next Opportunity Fund.
Here are 14 key members and their salaries:
- Compensation: $337,104
- Related: $0
- Other: $67,152
- Compensation: $247,500
- Related: $0
- Other: $29,699
- Compensation: $227,379
- Related: $0
- Other: $27,285
- Compensation: $175,161
- Related: $0
- Other: $21,022
- Compensation: $172,858
- Related: $0
- Other: $20,832
- Compensation: $172,460
- Related: $0
- Other: $20,935
- Compensation: $170,273
- Related: $0
- Other: $21,708
- Compensation: $171,028
- Related: $0
- Other: $20,832
- Compensation: $114,027
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.stemnext.org
Where can I find the form 990 for Stem Next Opportunity Fund?
Stem Next Opportunity Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stemnext.org
Learn more at the official website: www.stemnext.org
Mission Statement of Stem Next Opportunity Fund
Stem Next Opportunity Fund is a trailblazing national organization dedicated to expanding inclusive STEM (Science, Technology, Engineering, and Math) learning opportunities for millions of young people, with a special focus on underrepresented groups, including kids of color and girls. By promoting equitable access to STEM education beyond the classroom, Stem Next fuels innovation, economic opportunity, and personal growth.
Through strategic partnerships, Stem Next mobilizes resources and advances best practices in STEM learning, reaching over 10 million young people in more than 100,000 afterschool and summer programs across the United States. The organization's initiatives empower youth by increasing their exposure to STEM, nurturing their interest, and fostering their sense of identity in these fields. Stem Next's robust programs create a significant impact, inspiring young minds to develop essential skills like critical thinking, collaboration, and communication.
Stem Next's three primary strategic initiatives are:
1. Growing STEM Leaders: By raising awareness, building skills, and connecting problem-solvers, Stem Next promotes a diverse, collaborative community of STEM learners across communities.
2. Advancing Policy & Research: Stem Next puts groundbreaking ideas into action, driving systemic change in STEM education through policy advocacy and rigorous research.
3. Leading Moonshot Bets: Stem Next takes on ambitious challenges to create transformative STEM learning experiences for youth and educators, driving seismic shifts in the realm of STEM education.
Each dollar invested in Stem Next Opportunity Fund programs enables more youth to experiment, invent, and discover in the afternoons, sparks summertime STEM learning, and brings opportunities to families and communities nationwide.
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Impact
October, 2024
The STEM Next Opportunity Fund drives significant impact by transforming access to high-quality STEM (Science, Technology, Engineering, and Math) learning for millions of youth, particularly those from under-resourced communities, including kids of color and girls. By focusing on expanding STEM opportunities outside traditional classroom settings, the Fund fosters environments where young people can experiment, innovate, and build essential life skills such as critical thinking, collaboration, and creativity.
Through strategic initiatives like Growing STEM Leaders, Advancing Policy & Research, and Leading Moonshot Bets, the organization mobilizes a diverse array of partners to create systemic change in STEM education. Each dollar invested in their programs leads to increased access to STEM learning, empowering youth to explore, discover, and prepare for future careers in STEM fields and beyond.
By serving over 10 million young people through more than 100,000 afterschool and summer programs nationwide, STEM Next not only enhances interest and knowledge in STEM but also contributes to economic opportunities, closing gaps in representation, and fostering innovation across communities. Their holistic approach ensures a lasting impact on both individual lives and the broader educational landscape.
This information is meant to be a general summary of Stem Next Opportunity Fund. 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: -$27,890
- Program Service Revenue: $38,252
- Gross Receipts: $17,546,088
Assets and Liabilities:
- Total Assets: $11,167,712
- Total Liabilities: $780,555
- Net Assets: $10,387,157
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FISCAL SPONSORSHIP FEES
Revenue
$38,252
Organization Details
Founding Year
2016
Phone
(619) 505-9127Principal Officer
Ronald L Ottinger
Main Address
2305 HISTORIC DECATUR ROAD 100, SAN DIEGO, CA, 92106
Website
www.stemnext.orgNTEE Category
Code: B12 - Education
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