Civic Intelligence

Transcend STEM Education

990 • Fiscal year 2021 • EIN 47-3839381

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 13, 2022

320 TX 121 Suite J207Coppell, TX 75019

(800) 758-9151

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

91st percentile

61%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

45th percentile

$39,000

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

98th percentile

295%

Faster asset growth than 98% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

191%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,813,767

Up $2,101,808 (+295%) from 2020

Net Assets

Up

$2,813,767

Up $2,273,626 (+421%) from 2020

Liabilities

Down

$0

Down $171,818 (-100%) from 2020

Revenue

Up

$2,622,561

Up $1,719,997 (+191%) from 2020

Expenses

Up

$1,020,461

Up $655,586 (+180%) from 2020

Net Income

Up

$1,602,100

Up $1,064,411 (+198%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2017: $7,500Liabilities 2017: $0Net Assets 2017: $7,5002017Assets 2018: $41,100Liabilities 2018: $0Net Assets 2018: $41,1002018Assets 2019: $4,476Liabilities 2019: $4,476Net Assets 2019: $02019Assets 2020: $711,959Liabilities 2020: $171,818Net Assets 2020: $540,1412020Assets 2021: $2,813,767Liabilities 2021: $0Net Assets 2021: $2,813,7672021Assets 2022: $1,791,321Liabilities 2022: $0Net Assets 2022: $1,791,3212022Assets 2023: $75,377Liabilities 2023: $0Net Assets 2023: $75,3772023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2021

Assets$2,813,767
Liabilities$0
Net Assets$2,813,767

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2017: $7,500Expenses 2017: $0Net Income 2017: $7,5002017Revenue 2018: $95,648Expenses 2018: $62,048Net Income 2018: $33,6002018Revenue 2019: $380,042Expenses 2019: $379,983Net Income 2019: $592019Revenue 2020: $902,564Expenses 2020: $364,875Net Income 2020: $537,6892020Revenue 2021: $2,622,561Expenses 2021: $1,020,461Net Income 2021: $1,602,1002021Revenue 2022: $1,841,926Expenses 2022: $674,673Net Income 2022: $1,167,2532022Revenue 2023: $2,358,662Expenses 2023: $2,358,662Net Income 2023: $02023Revenue 2024: $3,654,956Expenses 2024: $3,578,391Net Income 2024: $76,5652024

Highlighted filing

2021

Revenue$2,622,561
Expenses$1,020,461
Net Income$1,602,100
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 13, 2022
Return Version
2021v4.0
Gross Receipts
$2,622,561
Mission and Program Overview

Mission

Educational and Community Development Services: Industry Approved Certifications, Workforce/Personal/Professional Development, Employer Partnerships, Entrepreneurial Assistance, K-12 STEM Education Out Of School Programs, Family First Stabilization Poverty Alleviation, Low Income Housing Assistance, Homeless Prevention, Mortgage Assistance and Temporary Sheltering. Primary focus is on the underrepresented, minorities, At Risk populations and low income participants.

Educational and Community Development Services: Industry Approved Certifications, Workforce/Personal/Professional Development, Employer Partnerships, Entrepreneurial Assistance, K-12 STEM Education Out Of School Programs, Family First Stabilization, Poverty Alleviation,Low Income Housing Assistance and Mortgage Assistance. Primary focus is on the underrepresented, minorities, At Risk populations and low income participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$6,990$1,583,889▲ $1,576,899
Cash and Non-Interest-Bearing Accounts$697,090$896,528▲ $199,438
Pledges and Grants Receivable$7,879$333,350▲ $325,471
Total Assets$711,959$2,813,767▲ $2,101,808
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Other Liabilities-$0-
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$711,959$2,813,767▲ $2,101,808
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$711,959$2,813,767▲ $2,101,808
Total Liabilities and Net Assets / Fund Balance$711,959$2,813,767▲ $2,101,808
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marlon ChitsaProgram DirectorFT$39,000$39,000
Kamera AtonProgram FacilitatorPT$24,000$24,000

Board Members and Trustees

NameTitle
Israel CorderoDirector - Employer Collaboratives
Haphen MuchapondwaCEO
Angela YoungCorporate Development Manager
Malcom ChitsaIT / Data Analysis
Joy JamersonWorkforce Development Manager
Revenue and Support

Revenue Composition

Contributions and Grants
$2,608,281
Program Service Revenue
$14,280
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,943,064
Change in Net Assets
$1,602,100

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$949,245
Salaries, Compensation, and Employee Benefits$71,216
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$770,055--$770,055
Occupancy$84,299--$84,299
Other Salaries and Wages$62,019--$62,019
Fees for Services Other$38,287--$38,287
Information Technology$22,910--$22,910
Office Expenses$18,777--$18,777
Travel$13,970--$13,970
Payroll Taxes$9,197--$9,197
Advertising$947--$947
Total Functional Expenses$1,020,461$0$0$1,020,461
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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 11B

The form 990 was reviewed at the BOD financial Committee Meeting

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

The conflict of interest form was provided and signed by the BOD. It was also provided and signed each time we applied for a Federal grant.

Form 990, Part VI, Section B, Line 15

The organization did not pay any substantial amounts to the CEO or Key personnel

Form 990, Part VI, Section C, Line 19

These forms were made available upon request and when applying for grants.

Filing and Contact Details

Filer

Filer Name
Transcend Stem Education
EIN
47-3839381
Phone
8007589151
Address
320 TX 121 Suite J207, Coppell, TX 75019

Signing Officer

Name
Haphen Muchapondwa
Title
CEO
Phone
4697356234
Signed
2022-10-13

Organization Details

Principal Officer
Haphen Muchapondwa
Formed
2015
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
25
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Total of $770,055 was for Direct Client Services which included Housing assistance, hotel sheltering, Workforce Development and employment assistance

Form 990, Part XI, Line 9

General Fund

Raw XML Appendix382 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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IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The form 990 was reviewed at the BOD financial Committee Meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The conflict of interest form was provided and signed by the BOD. It was also provided and signed each time we applied for a Federal grant.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization did not pay any substantial amounts to the CEO or Key personnel
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3These forms were made available upon request and when applying for grants.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Total of $770,055 was for Direct Client Services which included Housing assistance, hotel sheltering, Workforce Development and employment assistance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5General Fund
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
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 IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0711959
IRS990/TotalAssetsEOYAmt02813767
IRS990/TotalAssetsGrp/BOYAmt0711959
IRS990/TotalAssetsGrp/EOYAmt02813767
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02608281
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01020461
IRS990/TotalFunctionalExpensesGrp/TotalAmt01020461
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0711959
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02813767
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt014280
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt014280
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01020461
IRS990/TotalProgramServiceRevenueAmt014280
IRS990/TotalReportableCompFromOrgAmt063000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014280
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02622561
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0711959
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02813767
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt013970
IRS990/TravelGrp/TotalAmt013970
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0320 S Hwy 121N
IRS990/USAddress/AddressLine2Txt0Ste J207
IRS990/USAddress/CityNm0Coppell
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075019
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.transcendstem.org
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0We requested an extension
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Haphen Muchapondwa
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04697356234
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRANSCEND STEM EDUCATION
ReturnHeader/Filer/BusinessNameControlTxt0TRAN
ReturnHeader/Filer/EIN0473839381
ReturnHeader/Filer/PhoneNum08007589151
ReturnHeader/Filer/USAddress/AddressLine1Txt0320 TX 121 Suite J207
ReturnHeader/Filer/USAddress/CityNm0Coppell
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075019
ReturnHeader/ReturnTs02022-10-15T00:52:59-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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