Generation Steam

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

EIN: 852241739 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Generation Steam?

Generation Steam is a nonprofit organization situated in San Diego, California, with a mission to advocate for investing in STEAM (Science, Technology, Engineering, Arts, and Mathematics) education. They believe that everyone, regardless of background, has a role in inspiring curiosity in young minds. Their goal is to foster a love for STEAM subjects in K-12 students, exposing them to potential careers where their unique talents can flourish. By leading through partnerships and initiatives, Generation Steam aims to build a secure socio-economic environment for all. With a dedicated workforce of three individuals, they strive to make a significant impact in the realm of STEAM education.


Official website here: www.biocom.org

Is Generation Steam legitimate?

Generation Steam is a legitimate nonprofit organization registered as a 501(c)(3) entity. Generation Steam 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: $246,543
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,055

For more financial information, click here


Official website here: www.biocom.org

What is the mission statement of Generation Steam?

Generation Steam's mission is centered around fostering a passion for Science, Technology, Engineering, Arts, and Mathematics (STEM) in K-12 students. They aim to show students that their unique skills, interests, and values can find a place in STEM-related careers. The organization advocates for investing in STEM education as an effective method to create a secure socio-economic environment for all, disregarding factors like race, creed, gender, or personal beliefs. They believe that it's everyone's responsibility, not just teachers, to ignite excitement and curiosity in young minds. Generation Steam leads by example, developing partnerships and initiatives to further this cause.


Official website here: www.biocom.org

What is the revenue of Generation Steam?

Generation Steam's revenue in 2023 was $1,282,407.


Official website here: www.biocom.org

Who are the executives of Generation Steam and what are their salaries?

The average compensation at Generation Steam during 2023 was $59,228. There are 7 employees and 10 volunteers at Generation Steam.

Here are 17 key members and their salaries:


Karen Possemato (Director/Officer/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Negulescu (Director/Officer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Webb (Director/Officer/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Bergan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Briggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Cafferty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Light (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Panetta (Director)
  • Compensation: $0
  • Related: $1,091,097
  • Other: $177,424
Tory See (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Snyder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Music Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
An Chen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Robert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Storm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Pascascio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sabine Hadida (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Pagano (Executive Director)
  • Compensation: $146,432
  • Related: $0
  • Other: $0


Official website here: www.biocom.org

Where can I find the form 990 for Generation Steam?

Generation Steam's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.biocom.org

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

Mission Statement of Generation Steam

Generation Steam, an organization dedicated to fostering a love for science, technology, engineering, arts, and mathematics (STEM) in K-12 students, advocates for investing in STEM education as a crucial step towards creating a secure socio-economic environment for all, irrespective of race, creed, gender, or personal beliefs. Believing that everyone has a role in igniting excitement and curiosity in young minds, Generation Steam leads by example in establishing collaborations and initiatives that further this cause. Their mission is to expose students to careers where their unique talents and interests can flourish, reinforcing the belief that there is a place for everyone in the STEM field.

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Impact




July, 2024

Generation Steam's impact lies in sparking a love for science, technology, engineering, arts, and math (STEAM) in K-12 students. By exposing them to careers where their unique strengths can be utilized, this organization aims to show students that regardless of their skills, interests, and values, there is a place for them in STEAM fields. Generation Steam advocates for investing in STEAM education as a means to build a secure socio-economic environment for all individuals, regardless of race, creed, gender, or personal beliefs. By promoting excitement and curiosity in young minds, not just among teachers but among everyone, Generation Steam leads by example in forging partnerships and initiatives that advance the cause of STEAM education.




This information is meant to be a general summary of Generation Steam. 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
$1,282,407 (2023)
Expenses
$1,199,252 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $1,282,407

Assets and Liabilities:

  • Total Assets: $1,047,232
  • Total Liabilities: $693,765
  • Net Assets: $353,467

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Organization Details

Founding Year

2021

Principal Officer

Sara Pagano

NTEE Category

Code: U00 - Science research

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