Civic Intelligence

Washington State STEM Education Foundation

990 • Fiscal year 2014 • EIN 26-4107233

Sep 01, 2013 to Aug 31, 2014 • Filed on Jul 14, 2015

PO Box 161799352

(509) 735-1300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

26th percentile

0.00x

Higher debt load relative to revenue than 26% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

1st percentile

-347%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

13th percentile

-13%

Faster asset growth than 13% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$999,948

Down $145,379 (-13%) from 2013

Net Assets

Down

$999,873

Down $137,225 (-12%) from 2013

Liabilities

Down

$75

Down $8,154 (-99%) from 2013

Revenue

$75,555

No earlier filing loaded for comparison.

Expenses

Down

$337,772

Down $66,126 (-16%) from 2013

Net Income

-$262,217

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $821,228Liabilities 2012: $34,480Net Assets 2012: $786,7482012Assets 2013: $1,145,327Liabilities 2013: $8,229Net Assets 2013: $1,137,0982013Assets 2014: $999,948Liabilities 2014: $75Net Assets 2014: $999,8732014Assets 2015: $256,846Liabilities 2015: $18,964Net Assets 2015: $237,8822015Assets 2016: $239,314Liabilities 2016: $0Net Assets 2016: $239,3142016Assets 2017: $330,003Liabilities 2017: $0Net Assets 2017: $330,0032017Assets 2018: $417,478Liabilities 2018: $0Net Assets 2018: $417,4782018Assets 2019: $473,028Liabilities 2019: $0Net Assets 2019: $473,0282019Assets 2020: $1,004,003Liabilities 2020: $0Net Assets 2020: $1,004,0032020Assets 2021: $1,333,186Liabilities 2021: $0Net Assets 2021: $1,333,1862021Assets 2022: $1,330,459Liabilities 2022: $0Net Assets 2022: $1,330,4592022Assets 2023: $1,556,314Liabilities 2023: $0Net Assets 2023: $1,556,3142023Assets 2024: $1,460,284Liabilities 2024: $0Net Assets 2024: $1,460,2842024

Highlighted filing

2014

Assets$999,948
Liabilities$75
Net Assets$999,873

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2012: $636,0372012Expenses 2013: $403,8982013Revenue 2014: $75,555Expenses 2014: $337,772Net Income 2014: -$262,2172014Revenue 2015: $181,464Expenses 2015: $1,064,295Net Income 2015: -$882,8312015Revenue 2016: $182,784Expenses 2016: $186,352Net Income 2016: -$3,5682016Revenue 2017: $272,170Expenses 2017: $181,481Net Income 2017: $90,6892017Revenue 2018: $244,113Expenses 2018: $156,638Net Income 2018: $87,4752018Revenue 2019: $264,209Expenses 2019: $208,659Net Income 2019: $55,5502019Revenue 2020: $804,213Expenses 2020: $273,238Net Income 2020: $530,9752020Revenue 2021: $916,932Expenses 2021: $587,749Net Income 2021: $329,1832021Revenue 2022: $447,625Expenses 2022: $450,352Net Income 2022: -$2,7272022Revenue 2023: $809,421Expenses 2023: $583,566Net Income 2023: $225,8552023Revenue 2024: $635,810Expenses 2024: $731,840Net Income 2024: -$96,0302024

Highlighted filing

2014

Revenue$75,555
Expenses$337,772
Net Income-$262,217
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Jul 14, 2015
Return Version
2013v4.0
Gross Receipts
$75,555
Mission and Program Overview

Mission

The washington state stem education foundation is an organization that connects and unites the science, technology, engineering, and mathematics education assets in the state to provide innovative learning opportunities for students of the mid-columbia. The organization's underlying goal is to provide an innovative knowledge network engaging all of washington's formal and informal educational resources to continuously improve stem learning, assessment, leadership, and community engagement.

The Washington State STEM Education Foundation is an organization that connects and unites the science, technology, engineering and math education assets in the state to provide innovative learning opportunities for students of the Mid-Columbia. The organization's underlying goal is to provide an innovative and knowledge network engaging all of Washington's formal and informal educational resources to continuously improve STEM curriculum, instruction, learning, assessment, leadership, and community engagement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$800,004$710,356▼ $89,648
Savings and Temporary Cash Investments$251,343$251,343→ $0
Pledges and Grants Receivable$50,935$22,284▼ $28,651
Land, Buildings, and Equipment, Net$27,913$15,965▼ $11,948
Accounts Receivable$14,757$0▼ $14,757
Total Assets$1,145,327$999,948▼ $145,379
Other Assets Total$375--
Liabilities
Accounts Payable and Accrued Expenses$245--
Other Liabilities$7,984$75▼ $7,909
Total Liabilities$8,229$75▼ $8,154
Net Assets / Fund Balance
Temporarily Rstr Net Assets$577,734$786,691▲ $208,957
Unrestricted Net Assets$559,364$213,182▼ $346,182
Total Net Assets Fund Balance$1,137,098$999,873▼ $137,225
Total Liabilities and Net Assets / Fund Balance$1,145,327$999,948▼ $145,379

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$15,665$19,580$35,245
Equipment$300$742$1,042
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom YountBoard President
David RuscittoBoard Vice President
Dave RoachBoard Member
Jack BakerBoard Member
Jean DunkirkBoard Member
Judy ConnellBoard Member
Ken RobertsonBoard Member
Martin ValadezBoard Member
Matt HammerBoard Member
Michael MaysBoard Member
Patricia IrvingBoard Member
Paula LinnenBoard Member
Phil OhlBoard Member
Richard French JrBoard Member
Steve AndersonBoard Member
Vicki BogenbergerBoard Member
Kyle WillersBoard Secretary
Kristi NelsonBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$74,355
Program Service Revenue
$0
Investment Income
$1,200
Other Revenue
$0
All Other Contributions
$74,355
Change in Net Assets
$-262,217
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$257,823
Salaries, Compensation, and Employee Benefits$79,949
Total Fundraising Expense$18,112
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$124,992--$124,992
Other Salaries and Wages$51,629$14,751$7,376$73,756
Office Expenses$721$14,298-$15,019
Depreciation Depletion-$11,948-$11,948
Fees for Services Accounting-$8,944-$8,944
Other Expenses$8,697$8,951$245$8,942
Payroll Taxes$4,335$1,239$619$6,193
All Other Expenses$1,629$1,895$290$3,814
Fees for Services Other$3,500--$3,500
Insurance-$1,716-$1,716
Information Technology$360$125-$485
Travel-$243-$243
Total Functional Expenses$255,550$64,110$18,112$337,772
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Liabilities$75
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The Board of Directors is given the Form 990 and input is integrated into the document prior to mailing.

Form 990, Part VI, Section B, line 12C

The Executive Director monitors enforcement of the Organization's conflict of interest policy and ensures the proper forms, agreeing to the policy, are completed by each of the Board members.

Form 990, Part VI, Section C, line 19

The Organization's governing documents,conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

EIN
26-4107233
Phone
5097351300

Signing Officer

Name
Kristi Nelson
Title
Board Treasurer
Phone
5097351300
Signed
2015-07-14

Organization Details

Principal Officer
Tom Yount
Formed
2009
Legal Domicile
Wa
Voting Board Members
18
Independent Board Members
18
Employees
4
Volunteers
400
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IRS990/ActivityOrMissionDesc0The Washington State STEM Education Foundation is an organization that connects and unites the science, technology, engineering and math education assets in the state to provide innovative learning opportunities for students of the Mid-Columbia. The organization's underlying goal is to provide an innovative and knowledge network engaging all of Washington's formal and informal educational resources to continuously improve STEM curriculum, instruction, learning, assessment, leadership, and community engagement.
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IRS990/Desc0The Washington State STEM Education Foundation was born from our community's passion for improving science and technology education and has led a community-wide effort to expand STEM education for all students. We work with educators, business leaders and legislators to advocate for the necessity of STEM education both in our community and throughout the State. The STEM foundation currently supports the programs listed below and continues to seek opportunities to enhance STEM education for all local students. 1. Delta High School: Delta students have had many exciting opportunities to interact with STEM professionals from our community and across the state both in-school and out, such as career guest speakers, mentors, tour facilitators and enhanced classroom projects working with scientists and engineers. In supporting the implementation and sustainability of Delta High School and its innovative educational approach, the STEM Foundation has worked to build authentic partnerships with our local community and to support real-world, project based, STEM learning. These partnerships have not only led to great opportunities for students, but have rekindled in the volunteers their personal passion for STEM fields.2. Expanding the STEM footprint in our community: We are currently escalating our outreach efforts, using the methods honed at Delta, to partner with other local schools who are moving toward a STEM-focused curriculum.3. Expansion of our STEM Celebration Dinner, an annual outreach event which raises support for the STEM literacy initiative in our local community, and through our STEM Champions initiative to recruit, train and deploy STEM professionals to be mentors and resources for our local educators and students.4. Consistent Community Engagement and Key Messaging to expand awareness of the importance of STEM education both locally and statewide. Shift in Knowledge: Answer the Question: Why STEM? Shift in attitudes, beliefs and expectations: We believe STEM is a workforce and economic development issue for the community Increased public engagement: STEM is a community-wide initiative, empowering members to take action Increased involvement in local schools: Increased efforts of the community to improving local schools, contribute time, talent and treasure Increased capacity and sustainability of STEM Initiatives: development of the next generation of leaders, sharing of best practices and measurements of success and evaluation tools5. Collaborative Partnerships STEM Workforce Development: Public/ Private Partnerships supporting STEM College and STEM Career Ready Informal STEM Learning Opportunities with other STEM focused community organizations
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IRS990/Form990PartVIISectionAGrp/PersonNm15Kyle Willers
IRS990/Form990PartVIISectionAGrp/PersonNm16Kristi Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm17Tom Yount
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IRS990/Form990PartVIISectionAGrp/TitleTxt17Board President
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IRS990/MissionDesc0The Washington State STEM Education Foundation is an organization that connects and unites the science, technology, engineering, and math education assets in the state to provide innovative learning opportunities for students of the Mid-Columbia. The organization's underlying goal is to provide an innovative and knowledge network engaging all of Washington's formal and informal educational resources to continuously improve STEM curriculum, instruction, learning, assessment, leadership, and community engagement.
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IRS990/PrincipalOfficerNm0Tom Yount
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Directors is given the Form 990 and input is integrated into the document prior to mailing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Director monitors enforcement of the Organization's conflict of interest policy and ensures the proper forms, agreeing to the policy, are completed by each of the Board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization's governing documents,conflict of interest policy and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
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