Civic Intelligence

STEM Career Path Project Inc.

990EZ • Fiscal year 2022 • EIN 46-5664623

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 15, 2023

1366 Startown RoadLincolnton, NC 28092

(803) 260-4507

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.41x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

0.37x

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

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Net Margin

73rd percentile

27%

Higher net margin than 73% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$30,240

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 20.1% of source-year revenue.

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Asset Growth

79th percentile

43%

Faster asset growth than 79% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

51st percentile

11%

Faster revenue growth than 51% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$136,391

Up $40,873 (+43%) from 2021

Net Assets

Up

$80,524

Up $40,901 (+103%) from 2021

Liabilities

Down

$55,867

Down $28 (-0.1%) from 2021

Revenue

Up

$150,614

Up $15,222 (+11%) from 2021

Expenses

Down

$109,713

Down $18,854 (-15%) from 2021

Net Income

Up

$40,901

Up $34,076 (+499%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2019: $85,563Liabilities 2019: $57,459Net Assets 2019: $28,1042019Assets 2020: $89,964Liabilities 2020: $57,166Net Assets 2020: $32,7982020Assets 2021: $95,518Liabilities 2021: $55,895Net Assets 2021: $39,6232021Assets 2022: $136,391Liabilities 2022: $55,867Net Assets 2022: $80,5242022Assets 2023: $79,761Liabilities 2023: $55,425Net Assets 2023: $24,3362023Assets 2024: $130,069Liabilities 2024: $93,449Net Assets 2024: $36,6202024

Highlighted filing

2022

Assets$136,391
Liabilities$55,867
Net Assets$80,524

Operations Trend

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

$200K$100K$0-$100KRevenue 2019: $41,759Expenses 2019: $53,994Net Income 2019: -$12,2352019Revenue 2020: $71,246Expenses 2020: $66,552Net Income 2020: $4,6942020Revenue 2021: $135,392Expenses 2021: $128,567Net Income 2021: $6,8252021Revenue 2022: $150,614Expenses 2022: $109,713Net Income 2022: $40,9012022Revenue 2023: $96,784Expenses 2023: $152,972Net Income 2023: -$56,1882023Revenue 2024: $135,035Expenses 2024: $125,307Net Income 2024: $9,7282024

Highlighted filing

2022

Revenue$150,614
Expenses$109,713
Net Income$40,901
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 15, 2023
Return Version
2022v5.0
Gross Receipts
$150,614
Mission and Program Overview

Mission

To increase the number of qualified STEM workers by providing career education and development to youth and young adults

Program Services

DescriptionGrantsExpenses
D-Xperience provided the basic program platform to providequality training to youth using STEM methods$0$109,738
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ARIEL MCFADDENVice President- Co-ChairmanPT$30,240-$30,240
EDWARD MCFADDENPresident/Treasurer- Chairman-$0--
MORRIS MCCLENNYMember-$0--
JOHN DAVISMember-$0--
DAVID RICHARDSONMember-$0--
GLENDA WALKERMember-$0--
Filing and Contact Details

Filer

Filer Name
Stem Career Path Project Inc
EIN
46-5664623
Phone
8032604507
Address
1366 Startown Road, LINCOLNTON, NC 28092

Signing Officer

Name
Edward Mcfadden
Title
President
Phone
8032604507
Signed
2023-09-15

Preparer

Firm
Robbins Tax Firm
Address
3750 N NC 16 BUSINESS HWY, DENVER, NC 28037
Preparer
Rosalee Robbins CPA
Phone
7044832935
Supplemental Narrative

Additional Explanations

Pt IV

Ariel McFadden is the spouse of the President and acts as the Board Chairman and Director of the facility

Form 990EZ, Part I, Line 16

BANK SERVICE FEES 2865.

Form 990EZ, Part I, Line 16

BUSINESS EXPENSES 9292.

Form 990EZ, Part I, Line 16

OTHER EXPENSES 20734.

Form 990EZ, Part I, Line 16

Depreciation 2394.

Form 990EZ, Part I, Line 16

Amortization 173.

Form 990EZ, Part II, Line 24

Settlement charges less accumulated amortization 2568. 2395.

Raw XML Appendix199 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Ariel McFadden is the spouse of the President and acts as the Board Chairman and Director of the facility
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK SERVICE FEES 2865.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BUSINESS EXPENSES 9292.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER EXPENSES 20734.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation 2394.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Amortization 173.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SETTLEMENT CHARGES LESS ACCUMULATED AMORTIZATION 2568. 2395.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt IV
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 24
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD MCFADDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08032604507
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STEM CAREER PATH PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0STEM
ReturnHeader/Filer/EIN0465664623
ReturnHeader/Filer/PhoneNum08032604507
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ReturnHeader/Filer/USAddress/CityNm0LINCOLNTON
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
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ReturnHeader/PreparerPersonGrp/PhoneNum07044832935
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rosalee Robbins CPA
ReturnHeader/ReturnTs02023-09-15T05:49:20-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0EDWARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCFADDEN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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