Civic Intelligence

The Stemie Coalition Inc

EIN 47-5426484 • 501(c)3 • Mansfield Ctr, CT

Profile

The stemie coalition envisions a world in which all students have access to invention and entrepreneurship education. The stemie coalition is on its way to being a globally-recognized force in enabling every child to gain the confidence and skills necessary to control their own destiny through invention, entrepreneurship, and innovation. Stemie programs fill the gap between traditional stem (science, technology, engineering and math) education and entrepreneurship, giving a capstone experience to the individual skills developed under stem and other k-16 workforce development programs.

803 Warrenville RdMansfield Ctr, CT 06250

www.stemie.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.73x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

71st percentile

0.27x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

44th percentile

1.7%

Higher net margin than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

94th percentile

83%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

96th percentile

174%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$530,557

Up $240,036 (+83%) from 2017

Liabilities

Up

$388,996

Up $215,599 (+124%) from 2017

Net Assets

Up

$141,561

Up $24,437 (+21%) from 2017

Revenue

Up

$1,465,205

Up $931,324 (+174%) from 2017

Expenses

Up

$1,440,768

Up $889,178 (+161%) from 2017

Net Income

Up

$24,437

Up $42,146 (+238%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2016: $212,922Liabilities 2016: $78,089Net Assets 2016: $134,8332016Assets 2017: $290,521Liabilities 2017: $173,397Net Assets 2017: $117,1242017Assets 2018: $530,557Liabilities 2018: $388,996Net Assets 2018: $141,5612018

Highlighted filing

2018

Assets$530,557
Liabilities$388,996
Net Assets$141,561

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2016: $384,092Expenses 2016: $249,259Net Income 2016: $134,8332016Revenue 2017: $533,881Expenses 2017: $551,590Net Income 2017: -$17,7092017Revenue 2018: $1,465,205Expenses 2018: $1,440,768Net Income 2018: $24,4372018

Highlighted filing

2018

Revenue$1,465,205
Expenses$1,440,768
Net Income$24,437

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 26, 2018
Return Version
2017v2.3
Gross Receipts
$1,465,205
Mission and Program Overview

Mission

The stemie coalition envisions a world in which all students have access to invention and entrepreneurship education. The stemie coalition is on its way to being a globally-recognized force in enabling every child to gain the confidence and skills necessary to control their own destiny through invention, entrepreneurship, and innovation. Stemie programs fill the gap between traditional stem (science, technology, engineering and math) education and entrepreneurship, giving a capstone experience to the individual skills developed under stem and other k-16 workforce development programs.

The stemie coalition was founded to elevate k-12 invention and entrepreneurship education to higher levels in schools across the united states. Its mission is to engage every student in invention, innovation, and enterpreneurship activities to develop life-long, problem identification, problem solving, entrepreneurship and creativity skills preparing them to become the dynamic workforce of tomorrow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$231,962$423,191▲ $191,229
Other Notes and Loans Receivable, Net-$51,568-
Pledges and Grants Receivable$47,713$50,763▲ $3,050
Land, Buildings, and Equipment, Net$4,317$5,035▲ $718
Prepaid Expenses and Deferred Charges$1,727--
Total Assets$290,521$530,557▲ $240,036
Other Assets Total$4,802--
Liabilities
Accounts Payable and Accrued Expenses$173,397$388,996▲ $215,599
Total Liabilities$173,397$388,996▲ $215,599
Net Assets / Fund Balance
Unrestricted Net Assets$117,124$141,561▲ $24,437
Total Net Assets Fund Balance$117,124$141,561▲ $24,437
Total Liabilities and Net Assets / Fund Balance$290,521$530,557▲ $240,036

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,035$627$5,662
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel BriereCEOFT$250,000$250,000

Board Members and Trustees

NameTitle
Cathy MasseyDirector
John TiddDirector
Sonya RichmondDirector/pre
Revenue and Support

Revenue Composition

Contributions and Grants
$964,477
Program Service Revenue
$500,697
Investment Income
$31
Other Revenue
$0
All Other Contributions
$964,477
Change in Net Assets
$24,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,066,957
Salaries, Compensation, and Employee Benefits$373,811
Total Fundraising Expense$120,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$396,651-$14,171$410,822
Current Officers, Directors, Trustees, and Key Employees$247,415$37,500$68,535$353,450
Conferences and Meetings$257,883--$257,883
Travel$159,419$21,256$31,883$212,558
Advertising$70,036--$70,036
Office Expenses$17,926$30,640-$48,566
Payroll Taxes$15,271$2,036$3,054$20,361
Fees for Services Accounting-$12,247-$12,247
Information Technology$7,911$922$1,383$10,216
Fees for Services Legal-$8,656-$8,656
Fees for Services Management-$2,460-$2,460
Insurance-$2,016-$2,016
Depreciation Depletion-$489-$489
Other Expenses$239$32$48$319
Interest$187$25$37$249
Total Functional Expenses$1,201,878$118,879$120,011$1,440,768
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
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
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, Page 6, Part VI, Line 11B

The 990 was created with support from the stemie coalition's accounting firm of record, and presented to the chief executive officer for review before filing. The board of directors was terminated prior to approval due to a merger of the stemie coalition with the henry ford foundation.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy includes compliance procedures for officers and directors to disclose personal interests that could conflict with the stemie coalition's interests. The board of directors reviews the disclosures annually and as any new conflicts occur.

Form 990, Page 6, Part VI, Line 15A

The board hired an independent third party to canvas the market for compensation comparables for the ceo and make recommendations to the board. The recommendations were accepted by the board.

Form 990, Page 6, Part VI, Line 15B

As key employees are added, the board will seek independent third party recommendations for compensation.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents are available upon written request to the stemie coalition mailing address, 803 warrenville rd, mansfield center, ct 06250.

Filing and Contact Details

Filer

Filer Name
The Stemie Coalition Inc
EIN
47-5426484
Address
803 WARRENVILLE RD, MANSFIELD CTR, CT 06250

Signing Officer

Name
Daniel Briere
Title
CEO
Signed
2018-11-26

Organization Details

Principal Officer
Daniel Briere
Formed
2015
Legal Domicile
Ct
Voting Board Members
3
Independent Board Members
3
Employees
2

Preparer

Firm
Davis Mascola & Phillips LLC
Address
85 BARNES RD STE 207, WALLINGFORD, CT 06492-2576
Preparer
Peter B Davis
Phone
2032650488
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The stemie coalition envisions a world in which all students have access to invention and entrepreneurship education. The stemie coalition is on its way to being a globally-recognized force in enabling every child to gain the confidence and skills necessary to control their own destiny through invention, entrepreneurship, and innovation. Stemie programs fill the gap between traditional stem (science, technology, engineering and math) education and entrepreneurship, giving a capstone experience to the individual skills developed under stem and other k-12 workforce development programs.

Form 990

In its third year, the stemie coalition has received a strong positive response from corporate partners and invention and entrepreneurship program leaders from across the u.s. For its stem+invention+entreprenuership (stemie) focus. It hosts the annual national invention convention and entrepreurship expo annually at the henry ford museum of america innovation. The stemie coalition operates under a 501(c)(3) designation september 30, 2016. Critical to stemie's continued successes in the market have been the vision, dedication, and hard work of the volunteers and steering committee. The steering committee is at the heart of the coalition collaboration; stemie ceo, danny briere, works with the committee and its subcommittees to advance the state of invention and entrepreneurship education programming, standards, and strategies. The stemie coalition is born from the nation's increasing emphasis on stem education. While stem provides an excellent opportunity for students to engage in structured problem solving, it generally does not provide a complete and holistic problem solving experience. The stemie coalition is making an extensive, immediate, and measurable impact on stem by infusing the foundational nature of a stem education with a motivating and collaborative curriculum of invention and entrepreneurship, and inspiring the youth of america not just to solve, but to create, and to share. The stemie coalition mission is to have every child in every school become an inventor and/or entrepreneur, once better twice, in their k-12 career, in every state in the u.s. As noted above stemie aspirations are to grow its programs to have a global reach so that students are prepared to drive a diverse and sustainable global econmoy.

Form 990, Page 2, Part III, Line 4A

ANNUALLY.

Form 990, Part IX, Line 11G

Sub-contractors 396,651 0 0 fundraising 0 0 14,171 total 396,651 0 14,171

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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/MissionDesc0THE STEMIE COALITION ENVISIONS A WORLD IN WHICH ALL STUDENTS HAVE ACCESS TO INVENTION AND ENTREPRENEURSHIP EDUCATION. THE STEMIE COALITION IS ON ITS WAY TO BEING A GLOBALLY-RECOGNIZED FORCE IN ENABLING EVERY CHILD TO GAIN THE CONFIDENCE AND SKILLS NECESSARY TO CONTROL THEIR OWN DESTINY THROUGH INVENTION, ENTREPRENEURSHIP, AND INNOVATION. STEMIE PROGRAMS FILL THE GAP BETWEEN TRADITIONAL STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) EDUCATION AND ENTREPRENEURSHIP, GIVING A CAPSTONE EXPERIENCE TO THE INDIVIDUAL SKILLS DEVELOPED UNDER STEM AND OTHER K-12 WORKFORCE DEVELOPMENT PROGRAMS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0CITY JUMP-START PROGRAM: SUPPORTS EDUCATIONALLY UNDERSERVED COMMUNITIES (URBAN AND RURAL)IN THE DEVELOPMENT OF INVENTION EDUCATION PROGRAMS. COMMUNITIES WITH PROPORTIONALLY HIGH UNDERREPRESENTED POPULATION IN STEM EDUCATION ARE TARGETED. AN OUTREACH DIRECTOR ENGAGES EDUCATORS, SCHOOL ADMINISTRATORS, PARENTS, LOCAL GOVERNMENT, AND OTHER STAKEHOLDERS TO INSTITUTIONALIZE INVENTION EDUCATION IN THEIR SCHOOLS, DISTRICTS AND STATES. SERVICES INCLUDE CURRICULUM INTEGRATION, TEACHER PROFESSIONAL DEVELOPMENT AND INVENTION CONVENTION FUNDRAISING AND LOGISTICAL SUPPORT. IN THIS FISCAL YEAR, STEMIE EXPANDED SEEDED PROGRAMS IN WASHINGTON, INDIANA, FLORIDA AND MINNESOTA, WHILE ADDING PROGRAMS IN WISCONSIN, PENNSYLVANIA AND OTHER STATES.
IRS990/ProgSrvcAccomActy3Grp/Desc0MANAGING THE STEMIE COALITION: BUILDING INFRASTRUCTURE AND OPERATIONAL SUPPORT FOR THE 35+ AFFILIATE PARTNERS IN THE COALITION WAS A SIGNIFICANT PROGRAMMATIC UNDERTAKING IN OUR SECOND FISCAL YEAR. TO FULFILL ITS MISSION OF MAKING INVENTION AND ENTREPRENEURSHIP EDUCATION A FORMAL PART OF K-12 EDUCATION STEMIE HAS CREATED A NATIONAL CURRICULUM FOR INVENTION EDUCATION, A PROFESSIONAL DEVELOPMENT FRAMEWORK FOR INSTRUCTION TEACHERS HOW TO TEACH THESE TOPICS, AND MATERIALS, SOFTWARE, AND TRAINING ON HOW TO OPERATE INVENTION CONVENTION PROGRAMS. STEMIE HOSTED A FALL SUMMIT AT THE HENRY FORD MUSEUM OF AMERICAN INNOVATION TO ADVANCE THE OVERALL MISSION AND AGENDA THROUGH COLLABORATION AND BEST PRACTICES-SHARING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE STEMIE COALITION ENVISIONS A WORLD IN WHICH ALL STUDENTS HAVE ACCESS TO INVENTION AND ENTREPRENEURSHIP EDUCATION. THE STEMIE COALITION IS ON ITS WAY TO BEING A GLOBALLY-RECOGNIZED FORCE IN ENABLING EVERY CHILD TO GAIN THE CONFIDENCE AND SKILLS NECESSARY TO CONTROL THEIR OWN DESTINY THROUGH INVENTION, ENTREPRENEURSHIP, AND INNOVATION. STEMIE PROGRAMS FILL THE GAP BETWEEN TRADITIONAL STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) EDUCATION AND ENTREPRENEURSHIP, GIVING A CAPSTONE EXPERIENCE TO THE INDIVIDUAL SKILLS DEVELOPED UNDER STEM AND OTHER K-12 WORKFORCE DEVELOPMENT PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN ITS THIRD YEAR, THE STEMIE COALITION HAS RECEIVED A STRONG POSITIVE RESPONSE FROM CORPORATE PARTNERS AND INVENTION AND ENTREPRENEURSHIP PROGRAM LEADERS FROM ACROSS THE U.S. FOR ITS STEM+INVENTION+ENTREPRENUERSHIP (STEMIE) FOCUS. IT HOSTS THE ANNUAL NATIONAL INVENTION CONVENTION AND ENTREPREURSHIP EXPO ANNUALLY AT THE HENRY FORD MUSEUM OF AMERICA INNOVATION. THE STEMIE COALITION OPERATES UNDER A 501(C)(3) DESIGNATION SEPTEMBER 30, 2016. CRITICAL TO STEMIE'S CONTINUED SUCCESSES IN THE MARKET HAVE BEEN THE VISION, DEDICATION, AND HARD WORK OF THE VOLUNTEERS AND STEERING COMMITTEE. THE STEERING COMMITTEE IS AT THE HEART OF THE COALITION COLLABORATION; STEMIE CEO, DANNY BRIERE, WORKS WITH THE COMMITTEE AND ITS SUBCOMMITTEES TO ADVANCE THE STATE OF INVENTION AND ENTREPRENEURSHIP EDUCATION PROGRAMMING, STANDARDS, AND STRATEGIES. THE STEMIE COALITION IS BORN FROM THE NATION'S INCREASING EMPHASIS ON STEM EDUCATION. WHILE STEM PROVIDES AN EXCELLENT OPPORTUNITY FOR STUDENTS TO ENGAGE IN STRUCTURED PROBLEM SOLVING, IT GENERALLY DOES NOT PROVIDE A COMPLETE AND HOLISTIC PROBLEM SOLVING EXPERIENCE. THE STEMIE COALITION IS MAKING AN EXTENSIVE, IMMEDIATE, AND MEASURABLE IMPACT ON STEM BY INFUSING THE FOUNDATIONAL NATURE OF A STEM EDUCATION WITH A MOTIVATING AND COLLABORATIVE CURRICULUM OF INVENTION AND ENTREPRENEURSHIP, AND INSPIRING THE YOUTH OF AMERICA NOT JUST TO SOLVE, BUT TO CREATE, AND TO SHARE. THE STEMIE COALITION MISSION IS TO HAVE EVERY CHILD IN EVERY SCHOOL BECOME AN INVENTOR AND/OR ENTREPRENEUR, ONCE BETTER TWICE, IN THEIR K-12 CAREER, IN EVERY STATE IN THE U.S. AS NOTED ABOVE STEMIE ASPIRATIONS ARE TO GROW ITS PROGRAMS TO HAVE A GLOBAL REACH SO THAT STUDENTS ARE PREPARED TO DRIVE A DIVERSE AND SUSTAINABLE GLOBAL ECONMOY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 WAS CREATED WITH SUPPORT FROM THE STEMIE COALITION'S ACCOUNTING FIRM OF RECORD, AND PRESENTED TO THE CHIEF EXECUTIVE OFFICER FOR REVIEW BEFORE FILING. THE BOARD OF DIRECTORS WAS TERMINATED PRIOR TO APPROVAL DUE TO A MERGER OF THE STEMIE COALITION WITH THE HENRY FORD FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY INCLUDES COMPLIANCE PROCEDURES FOR OFFICERS AND DIRECTORS TO DISCLOSE PERSONAL INTERESTS THAT COULD CONFLICT WITH THE STEMIE COALITION'S INTERESTS. THE BOARD OF DIRECTORS REVIEWS THE DISCLOSURES ANNUALLY AND AS ANY NEW CONFLICTS OCCUR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD HIRED AN INDEPENDENT THIRD PARTY TO CANVAS THE MARKET FOR COMPENSATION COMPARABLES FOR THE CEO AND MAKE RECOMMENDATIONS TO THE BOARD. THE RECOMMENDATIONS WERE ACCEPTED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AS KEY EMPLOYEES ARE ADDED, THE BOARD WILL SEEK INDEPENDENT THIRD PARTY RECOMMENDATIONS FOR COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE STEMIE COALITION MAILING ADDRESS, 803 WARRENVILLE RD, MANSFIELD CENTER, CT 06250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SUB-CONTRACTORS 396,651 0 0 FUNDRAISING 0 0 14,171 TOTAL 396,651 0 14,171
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER B DAVIS
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ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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