Overview
What is Rochester Stem Academy Inc?
Rochester Stem Academy Inc, located in Rochester, Minnesota, is a dedicated nonprofit organization with a mission to foster a nurturing learning environment for underrepresented students in STEM industries. Serving minority and immigrant students, as well as those who are underserved in traditional high schools, the academy offers an engaging program that emphasizes creativity, accountability, ongoing assessments, and college preparation. With a strong focus on high academic achievement, Rochester Stem Academy aims to bridge the gap in STEM representation within the local community, providing a challenging yet supportive educational experience for its students. The organization boasts a team of 23 dedicated professionals.
Official website here: www.rochesterstemacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Rochester Stem Academy Inc has received an 81% rating from Charity Navigator, earning it a Three-Star designation. This rating highlights the organization's strong focus on accountability and finance, which is the sole factor contributing to its overall score. The academy demonstrates a commitment to transparency and effective governance, as evidenced by its high scores in areas like independent board membership and financial oversight.
The organization has managed to maintain a fully independent board, which contributes to its accountability. Additionally, it has a solid program expense ratio of 76.30%, indicating that a significant portion of its funding is directed towards its educational mission. The presence of well-defined policies, such as conflict of interest and whistleblower protections, further reinforces its commitment to ethical operations.
While the academy performs well in terms of financial practices and governance, a detailed view of its programmatic outcomes or community impact is not provided in the rating. This leaves some questions regarding the effectiveness of its educational programs and overall mission fulfillment, which potential supporters may want to consider.
This AI summary has been generated from information found on Charity Navigator.
Is Rochester Stem Academy Inc legitimate?
Rochester Stem Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester 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: $187,782
Professional Fundraising Fees: $0
Other Salaries and Wages: $648,506
For more financial information, click here
Official website here: www.rochesterstemacademy.org
What is the mission statement of Rochester Stem Academy Inc?
Rochester Stem Academy Inc's mission is centered around offering a nurturing learning environment for students who are underrepresented in the STEM industries and often overlooked in traditional high schools. This includes minority and immigrant students. The Academy aims to achieve this through a rigorous program that emphasizes creativity, accountability, and ongoing assessments. The focus is on college preparation and encouraging high academic achievement, ultimately equipping these students for success in STEM fields.
Official website here: www.rochesterstemacademy.org
Who is the CEO of Rochester Stem Academy Inc?
Charlene Ellingson is the Executive Director of Rochester Stem Academy Inc.
Official website here: www.rochesterstemacademy.org
What is the revenue of Rochester Stem Academy Inc?
Rochester Stem Academy Inc's revenue in 2022 was $2,506,613.
Official website here: www.rochesterstemacademy.org
Who are the executives of Rochester Stem Academy Inc and what are their salaries?
The average compensation at Rochester Stem Academy Inc during 2022 was $36,360. There are 23 employees and 10 volunteers at Rochester Stem Academy Inc.
Here are 6 key members and their salaries:
- Compensation: $76,803
- Related: $0
- Other: $19,909
- Compensation: $42,297
- Related: $0
- Other: $10,323
- 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.rochesterstemacademy.org
Where can I find the form 990 for Rochester Stem Academy Inc?
Rochester Stem Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rochesterstemacademy.org
Learn more at the official website: www.rochesterstemacademy.org
Mission Statement of Rochester Stem Academy Inc
Rochester Stem Academy, a nonprofit organization, is dedicated to creating a nurturing learning environment for students who are currently underserved in traditional area high schools. This group primarily focuses on minority, immigrant, and other students who are significantly underrepresented in Rochester's Science, Technology, Engineering, and Mathematics (STEM) industries. The academy's mission is to provide these students with a challenging program that encourages creativity, accountability, and ongoing assessments. The ultimate goal is to prepare them for college and foster high academic achievement. This mission is achieved through a curriculum that emphasizes college preparation and places a strong focus on creativity, ensuring that every student has the opportunity to thrive in the STEM field.
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Impact
July, 2024
Rochester STEM Academy Inc is making a significant impact by providing a highly supportive learning environment for minority, immigrant, and underserved students in traditional high schools. By emphasizing creativity, ongoing assessments, college preparation, and high academic achievement, the academy is working to address the underrepresentation of these students in Rochester's STEM industries. Through its challenging program, Rochester STEM Academy is helping to bridge the gap and create opportunities for these students to excel in STEM fields. This focus on inclusivity and academic excellence is helping to shape the future workforce and contribute to a more diverse and innovative community in Rochester.
This information is meant to be a general summary of Rochester 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: $235
- Gross Receipts: $2,506,613
Assets and Liabilities:
- Total Assets: $8,360,843
- Total Liabilities: $8,492,295
- Net Assets: -$131,452
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Organization Details
Founding Year
2010
Phone
(507) 281-2381Principal Officer
Charlene Ellingson
Main Address
415 16th Street SW, Rochester, MN, 55902
Website
www.rochesterstemacademy.orgNTEE Category
Code: B29 - Education
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