Civic Intelligence

STEM Preparatory Academy

990 • Fiscal year 2015 • EIN 27-2163445

Jul 01, 2014 to Jun 30, 2015 • Filed on May 02, 2016

Organization ProfileWWW.STEMPREPACADEMY.ORG
1162 Foster AvenueNashville, TN 37211

(615) 921-2200

Siviq Scores

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

Liabilities / Assets

86th percentile

0.77x

Higher debt load relative to assets than 86% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

74th percentile

0.42x

Higher debt load relative to revenue than 74% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

80th percentile

$132,906

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

93rd percentile

65%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

89th percentile

53%

Faster revenue growth than 89% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$2,526,784

Up $2,228,727 (+748%) from 2012

Net Assets

Up

$590,389

Up $345,171 (+141%) from 2012

Liabilities

Up

$1,936,395

Up $1,883,556 (+3565%) from 2012

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin69th percentile

Revenue

$4,658,179

No earlier filing loaded for comparison.

Expenses

Up

$4,136,762

Up $2,967,978 (+254%) from 2012

Net Income

$521,417

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$30M$20M$10M$0Assets 2012: $298,057Liabilities 2012: $52,839Net Assets 2012: $245,2182012Assets 2015: $2,526,784Liabilities 2015: $1,936,395Net Assets 2015: $590,3892015Assets 2016: $5,375,374Liabilities 2016: $4,024,313Net Assets 2016: $1,351,0612016Assets 2017: $7,854,269Liabilities 2017: $6,151,887Net Assets 2017: $1,702,3822017Assets 2019: $9,799,116Liabilities 2019: $7,361,899Net Assets 2019: $2,437,2172019Assets 2020: $10,889,736Liabilities 2020: $8,621,173Net Assets 2020: $2,268,5632020Assets 2021: $14,161,717Liabilities 2021: $6,644,515Net Assets 2021: $7,517,2022021Assets 2022: $21,886,725Liabilities 2022: $12,671,735Net Assets 2022: $9,214,9902022Assets 2024: $22,706,350Liabilities 2024: $10,844,177Net Assets 2024: $11,862,1732024

Highlighted filing

2015

Assets$2,526,784
Liabilities$1,936,395
Net Assets$590,389
Open 2015 Filing

Operations Trend

Revenue Growth89th percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2012: $1,168,7842012Revenue 2015: $4,658,179Expenses 2015: $4,136,762Net Income 2015: $521,4172015Revenue 2016: $6,252,090Expenses 2016: $5,491,418Net Income 2016: $760,6722016Revenue 2017: $8,712,866Expenses 2017: $8,361,545Net Income 2017: $351,3212017Revenue 2019: $11,658,809Expenses 2019: $11,621,400Net Income 2019: $37,4092019Revenue 2020: $11,742,212Expenses 2020: $11,910,866Net Income 2020: -$168,6542020Revenue 2021: $16,997,797Expenses 2021: $11,749,158Net Income 2021: $5,248,6392021Revenue 2022: $16,250,518Expenses 2022: $14,533,871Net Income 2022: $1,716,6472022Revenue 2024: $19,682,192Expenses 2024: $17,981,624Net Income 2024: $1,700,5682024

Highlighted filing

2015

Revenue$4,658,179
Expenses$4,136,762
Net Income$521,417
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 2, 2016
Return Version
2014v6.0
Gross Receipts
$4,658,179
Mission and Program Overview

Mission

To provide a college preparatory education with an integrated focus on science, technology, engineering, and mathematics, to fifth through twelfth grade students in south nashville.

To provide a college preparatory education with an integrated focus on science, technology, engineering, and mathematics, to fifth through eighth grade students in south nashville.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,051,018$1,264,408▲ $213,390
Cash and Non-Interest-Bearing Accounts$383,431$936,450▲ $553,019
Accounts Receivable$30,009$58,582▲ $28,573
Prepaid Expenses and Deferred Charges$62,344$39,571▼ $22,773
Total Assets$1,526,802$2,526,784▲ $999,982
Other Assets Total$0$227,773▲ $227,773
Liabilities
Mortgage Notes Payable Secured by Investment Property$744,504$849,965▲ $105,461
Other Liabilities$0$455,268▲ $455,268
Accounts Payable and Accrued Expenses$240,025$325,251▲ $85,226
Deferred Revenue$130,669$305,911▲ $175,242
Total Liabilities$1,115,198$1,936,395▲ $821,197
Net Assets / Fund Balance
Unrestricted Net Assets$411,604$590,389▲ $178,785
Total Net Assets Fund Balance$411,604$590,389▲ $178,785
Total Liabilities and Net Assets / Fund Balance$1,526,802$2,526,784▲ $999,982

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$700,146$163,107$863,253
Equipment$314,996$120,101$435,097
Other Land Buildings$249,266-$249,266
Other Assets Org$227,773--
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dr Kristin L McgranerExecutive DirectorFT$132,906$132,906

Board Members and Trustees

NameTitle
Dr Leslie Wisner-lynchChairperson
Drs Keith HargroveVice Chair
Dr Julie HudsonBoard Director
Jennifer MontlaryBoard Director
Tod FetherlingBoard Director
Joseph DicksonSecretary
Kim ThomasonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Gray Line TennesseeBus Transportation2416 MUSIC VALLEY DRIVE STE 102, Nashville, TN 37214$327,877
Metro Nashville Public Schools - Erer BEmployee Resources2601 BRANSFORD AVENUE, Nashville, TN 37204$319,180
Dwc Construction Company INCBuilding Renovation800 6TH AVENUE S 100, Nashville, TN 37203$196,854
Bateman Senior MealsStudent Meals440 ALLIED DRIVE, Nashville, TN 37211$193,226
Revenue and Support

Revenue Composition

Contributions and Grants
$4,630,559
Program Service Revenue
$27,620
Investment Income
$0
Other Revenue
$0
All Other Contributions
$275,279
Change in Net Assets
$521,417

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,658,179
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,658,179
Total Revenue per Form 990
$4,658,179
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,634,772
Other Expenses$1,501,990
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,673,549$380,703-$2,054,252
Travel$320,727--$320,727
Occupancy$182,242$45,560-$227,802
Other Employee Benefits$173,516$22,802-$196,318
Depreciation Depletion$133,108$33,277-$166,385
Payroll Taxes$142,069$18,670-$160,739
Current Officers, Directors, Trustees, and Key Employees$66,453$66,453-$132,906
Office Expenses-$124,742-$124,742
Pension Plan Contributions$80,039$10,518-$90,557
Information Technology$417$71,303-$71,720
Fees for Services Accounting-$53,219-$53,219
Advertising-$46,957-$46,957
Interest-$37,449-$37,449
Fees for Services Other-$35,381-$35,381
Conferences and Meetings-$14,145-$14,145
Other Expenses$35,891$13,765-$13,765
All Other Expenses-$298-$298
Total Functional Expenses$3,156,266$980,496$0$4,136,762

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,136,762
Total Expenses per Audited Statements$4,136,762
Total Expenses per Form 990$4,136,762
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Deferred Inflows of Resources - Pension$408,395
Net Pension Liability$46,873
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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

“Stem's finance committee and board of directors are provided a copy of the form 990 for comment and review. Upon approval, the form 990 is released for filing.”

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

“Conflict of interest policy forms are submitted to all board members on an annual basis. Forms are completed and signed each year by each board member. The board convenes every month, at which time any conflicts of interest are addressed. Any board member who is subject to a conflict of interest is required to abstain from voting on the matter from which the conflict arises.”

Form 990, Part VI, Section B, Line 15

“Independent board members determine management, officer, and key employees compensation. Compensation is based on industry standard and negotiation.”

Form 990, Part VI, Section C, Line 19

“Organization documents can be obtained by contacting the director of operations at stem preparatory academy.”

Filing and Contact Details

Filer

Filer Name
Stem Preparatory Academy
EIN
27-2163445
Phone
6159212200
Address
1162 FOSTER AVENUE, NASHVILLE, TN 37211

Signing Officer

Name
Dr Kristin Mcgraner
Title
Executive Director
Phone
6159212204
Signed
2016-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Kristin Mcgraner
Formed
2010
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
73
Volunteers
50

Preparer

Firm
Crosslin & Associates Pc
Address
3803 BEDFORD AVENUE SUITE 103, NASHVILLE, TN 37215
Preparer
Kevin E Hickman
Phone
6153205500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Restatement of audited financial statements -342,632.”

Raw XML AppendixShowing 400 of 465 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0TO PROVIDE A COLLEGE PREPARATORY EDUCATION WITH AN INTEGRATED FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS, TO FIFTH THROUGH EIGHTH GRADE STUDENTS IN SOUTH NASHVILLE.
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IRS990/Desc0IN 2015, STEM CELEBRATED ITS FIFTH ANNIVERSARY OF SERVING THE FAMILIES OF THE SOUTH NASHVILLE COMMUNITY. THOUGH MUCH HAS CHANGED SINCE THE INAUGURAL YEAR, OUR COMMITMENT TO OUR STUDENTS AND THEIR FAMILIES CONTINUES TO PERSIST. STEM SERVES A UNIQUE, HIGHLY DIVERSE POPULATION AND HAS ESTABLISHED A TRACK RECORD OF OUTSTANDING ACADEMIC RESULTS, ACHIEVED WITH UNMATCHED FISCAL EFFICIENCY. STEM CONTINUES TO OUTPERFORM PEER SCHOOLS THROUGHOUT THE STATE ACROSS ALL SUBJECT AREAS, RANKING FIRST IN MATH GROWTH AND THIRD IN READING GROWTH.SINCE ITS INCEPTION, STEM HAS ACCOUNTED FOR 100% OF THE "EXCELLING" SEATS IN THE CLUSTER, AS DETERMINED BY THE SCHOOL DISTRICT'S ACADEMIC PERFORMANCE FRAMEWORK. MOREOVER, ENGLISH LEARNERS ACHIEVE LANGUAGE PROFICIENCY ON AVERAGE IN ONE TO TWO YEARS AT STEM, COMPARED TO FIVE TO SEVEN YEARS IN DISTRICT EL PROGRAMS.FOR MORE INFORMATION REGARDING STEM PREP'S 2015 ACADEMIC ACCOMPLISHMENTS, PLEASE CONTACT THE SCHOOL'S EXECUTIVE DIRECTOR, DR. KRISTIN MCGRANER, AT THE ADDRESS OR TELEPHONE NUMBER STATED ON PAGE 1 OF THE FORM 990.
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IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE A COLLEGE PREPARATORY EDUCATION WITH AN INTEGRATED FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS, TO FIFTH THROUGH EIGHTH GRADE STUDENTS IN SOUTH NASHVILLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0849965
IRS990/NetAssetsOrFundBalancesBOYAmt0411604
IRS990/NetAssetsOrFundBalancesEOYAmt0590389
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt045560
IRS990/OccupancyGrp/ProgramServicesAmt0182242
IRS990/OccupancyGrp/TotalAmt0227802
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0124742
IRS990/OfficeExpensesGrp/TotalAmt0124742
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0227773
IRS990/OtherChangesInNetAssetsAmt0-342632
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt022802
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0173516
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0196318
IRS990/OtherExpensesGrp/Desc0FOOD SERVICES
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3RECRUITMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05254
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt113765
IRS990/OtherExpensesGrp/ProgramServicesAmt0191309
IRS990/OtherExpensesGrp/ProgramServicesAmt1156946
IRS990/OtherExpensesGrp/ProgramServicesAmt235891
IRS990/OtherExpensesGrp/TotalAmt0191309
IRS990/OtherExpensesGrp/TotalAmt1156946
IRS990/OtherExpensesGrp/TotalAmt241145
IRS990/OtherExpensesGrp/TotalAmt313765
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0455268
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0380703
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01673549
IRS990/OtherSalariesAndWagesGrp/TotalAmt02054252
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018670
IRS990/PayrollTaxesGrp/ProgramServicesAmt0142069
IRS990/PayrollTaxesGrp/TotalAmt0160739
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010518
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt080039
IRS990/PensionPlanContributionsGrp/TotalAmt090557
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt062344
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt039571
IRS990/PrincipalOfficerNm0DR KRISTIN MCGRANER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1722210
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc1SCHOOL LUNCH PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022659
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13552
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21409
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022659
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13552
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21409
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03065175
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-27560
IRS990/PYOtherExpensesAmt01271756
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt014617
IRS990/PYRevenuesLessExpensesAmt0-73562
IRS990/PYSalariesCompEmpBnftPaidAmt01854038
IRS990/PYTotalExpensesAmt03125794
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03052232
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0521417
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt027620
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0STEM PREPARATORY ACADEMY RECEIVED A PUBLIC CHARITY STATUS UNDER SECTION 170(B)(1)(A)(IV) ESTABLISHING THEM AS PUBLIC CHARITY. HOWEVER, STEM IS A SCHOOL WHOSE PRIMARY FUNCTION IS THE PRESENTATION OF FORMAL INSTRUCTION, WHICH REGULARLY HAS A FACULTY, A CURRICULUM, AN ENROLLED BODY OF STUDENTS, AND A PLACE WHERE EDUCATIONAL ACTIVITIES ARE REGULARLY CONDUCTED. THUS, OUR PRIMARY PURPOSE IS THAT OF A SCHOOL WHICH IS CLASSIFIED UNDER SECTION 170(B)(1)(A)(II). THIS DIFFERENTIATION HAS BEEN STATED, AS ALLOWED, IN ORDER TO FULFILL THE REPORTING REQUIREMENTS OF OUR CONTRIBUTIONS ON SCHEDULE B OF THE FORM 990.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0FORM 990, PART IV, LINE 1
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0314996
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0120101
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0435097
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04136762
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0700146
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0163107
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0863253
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0227773
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES - PENSION
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0249266
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0249266
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0408395
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt146873
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS OF RESOURCES - PENSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04658179
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01264408
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0227773
IRS990ScheduleD/TotalExpensesPerForm990Amt04136762
IRS990ScheduleD/TotalLiabilityAmt0455268
IRS990ScheduleD/TotalRevenuePerForm990Amt04658179
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04658179
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04136762
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL POLICIES ARE INCLUDED IN ALL ENROLLMENT AND REGISTRATION DOCUMENTS AND MATERIALS
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1STEM IS A FREE PUBLIC SCHOOL, THEREFORE QUESTION 4B IS NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2STEM PREPARATORY ACADEMY IS A PUBLIC CHARTER SCHOOL. AS SUCH, STEM RECEIVES LOCAL, STATE, AND FEDERAL FINANCIAL ASSISTANCE IN THE SAME MANNER AS A TRADITIONAL PUBLIC SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STEM'S FINANCE COMMITTEE AND BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FORM 990 FOR COMMENT AND REVIEW. UPON APPROVAL, THE FORM 990 IS RELEASED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY FORMS ARE SUBMITTED TO ALL BOARD MEMBERS ON AN ANNUAL BASIS. FORMS ARE COMPLETED AND SIGNED EACH YEAR BY EACH BOARD MEMBER. THE BOARD CONVENES EVERY MONTH, AT WHICH TIME ANY CONFLICTS OF INTEREST ARE ADDRESSED. ANY BOARD MEMBER WHO IS SUBJECT TO A CONFLICT OF INTEREST IS REQUIRED TO ABSTAIN FROM VOTING ON THE MATTER FROM WHICH THE CONFLICT ARISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INDEPENDENT BOARD MEMBERS DETERMINE MANAGEMENT, OFFICER, AND KEY EMPLOYEES COMPENSATION. COMPENSATION IS BASED ON INDUSTRY STANDARD AND NEGOTIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION DOCUMENTS CAN BE OBTAINED BY CONTACTING THE DIRECTOR OF OPERATIONS AT STEM PREPARATORY ACADEMY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RESTATEMENT OF AUDITED FINANCIAL STATEMENTS -342,632.
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01526802
IRS990/TotalAssetsEOYAmt02526784
IRS990/TotalAssetsGrp/BOYAmt01526802
IRS990/TotalAssetsGrp/EOYAmt02526784
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04630559
IRS990/TotalEmployeeCnt073
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,526,784
Liabilities
$1,936,395
Net assets
$590,389
Revenue
$4,658,179
Expenses
$4,136,762
Net income
$521,417
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.7$10.8$11.9$19.7$18.0$1.70
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.9$12.7$9.21$16.3$14.5$1.72
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$6.64$7.52$17.0$11.7$5.25
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$8.62$2.27$11.7$11.9$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.80$7.36$2.44$11.7$11.6$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.85$6.15$1.70$8.71$8.36$0.35
2016Detailed filing. Detailed filing data is available for this year.$5.38$4.02$1.35$6.25$5.49$0.76
2015Detailed filing. Detailed filing data is available for this year.$2.53$1.94$0.59$4.66$4.14$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.05$0.25$1.17