Civic Intelligence

The Stemie Coalition Inc

990 • Fiscal year 2016 • EIN 47-5426484

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 31, 2017

803 Warrenville RdMansfield Ctr, CT 06250

(860) 979-0707

Siviq Scores

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

Liabilities / Assets

87th percentile

0.37x

Higher debt load relative to assets than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

0.20x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

87th percentile

35%

Higher net margin than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

86th percentile

$30,339

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Assets

$212,922

No earlier filing loaded for comparison.

Net Assets

$134,833

No earlier filing loaded for comparison.

Liabilities

$78,089

No earlier filing loaded for comparison.

Revenue

$384,092

No earlier filing loaded for comparison.

Expenses

$249,259

No earlier filing loaded for comparison.

Net Income

$134,833

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.

$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

2016

Assets$212,922
Liabilities$78,089
Net Assets$134,833

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$384,092
Expenses$249,259
Net Income$134,833
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 31, 2017
Return Version
2015v3.0
Gross Receipts
$384,092
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-16 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-$101,941-
Pledges and Grants Receivable-$75,000-
Accounts Receivable-$33,628-
Land, Buildings, and Equipment, Net-$2,353-
Total Assets$0$212,922▲ $212,922
Liabilities
Accounts Payable and Accrued Expenses-$78,089-
Total Liabilities$0$78,089▲ $78,089
Net Assets / Fund Balance
Unrestricted Net Assets-$134,833-
Total Net Assets Fund Balance$0$134,833▲ $134,833
Total Liabilities and Net Assets / Fund Balance$0$212,922▲ $212,922

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,353$95$2,448
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel BriereCEOFT$30,339$30,339

Board Members and Trustees

NameTitle
Helen CharovDirector
Sonya RichmondDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$311,171
Program Service Revenue
$72,921
Investment Income
$0
Other Revenue
$0
All Other Contributions
$311,171
Change in Net Assets
$134,833
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$215,578
Salaries, Compensation, and Employee Benefits$33,681
Total Fundraising Expense$6,773
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$176,082--$176,082
Current Officers, Directors, Trustees, and Key Employees$22,754$3,034$4,551$30,339
Travel$8,664$806$1,671$11,141
Office Expenses-$6,063-$6,063
Fees for Services Legal-$5,977-$5,977
Information Technology$4,929--$4,929
Fees for Services Other-$3,803-$3,803
Payroll Taxes$2,507$334$501$3,342
Insurance-$3,105-$3,105
Advertising$2,823--$2,823
Fees for Services Accounting-$594-$594
Depreciation Depletion-$95-$95
Other Expenses-$916$50$50
Total Functional Expenses$217,759$24,727$6,773$249,259
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 board of directors for review before filing. The 990 was distributed to all board members who voted unanimously to file the 990.

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
2017-01-31

Organization Details

Principal Officer
Daniel Briere
Formed
2015
Legal Domicile
Ct
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
30

Preparer

Firm
Davis Mascola & Phillips LLC
Address
1062 BARNES RD STE 203, 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 tradtional stem education and enterpreneurship, giving a purpose to the individual skill development.

Form 990

In its first year, the stemie coalition 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 hosted the first national invention convention at the us patent and trademark office in alexandria, va. The stemie coalition received its 501(c)(3) designation september 30, 2016. Critical to stemie's first year successes were 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, spent a significant amount of time working with this team to develop the national invention convention program and the integration with their existing invention and entrepreneurship programs. 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 does not provide a compete and holistic problem solving experience. The stemie coalition is making an extensive, immediate, and measurable impact on stem (science, technology, engineering and math) 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 with a 5 year goal to annually train 10 million students in invention and entrepreneurship education in all 50 state plus d.c. 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.

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IRS990/Desc0NATIONAL INVENTION CONVENTION AND ENTREUPRENEURSHIP EXPOSITION: THIS IS THE ANNUAL CELEBRATION OF THE LOCAL AND STATEWIDE INVENTION AND ENTERPRENEURSHIP PROGRAMS ACROSS THE UNITED STATES. THIS EVENT BRINGS TOGETHER THE BEST STUDENT INVENTORS AND TEAMS TO LEARN FROM AND TO COMPETE WITH THEIR PEERS. IN ITS FIRST YEAR, OF THE 265 STUDENT INVENTOR PARTICIAPANTS, 50% WERE GIRLS AND 34% WERE FROM THE UNDERSERVED COMMUNITIES. THE EVENT ALSO INCLUDED OVER 500+ FAMILY MEMBERS, TEACHERS, AND CHAPERONES, 120 JUDGES - ENGINEERS, ENTREPRENEURS, PROFESSORS, AND MANY DEDICATED VOLUNTEERS. WITH THIS MAY 2016 EVENT COMING TOGETHER IN LESS THAN 6 MONTHS, STEMIE PROVIDED A 50% SUBSIDY TO STUDENTS AND CHAPERONES TO OFFEST THEIR REGISTRATION, TRANSPORTAION, AND LODGING EXPENSES.
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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 TRADTIONAL STEM EDUCATION AND ENTERPRENEURSHIP, GIVING A PURPOSE TO THE INDIVIDUAL SKILL DEVELOPMENT.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ESTABLISHING THE STEMIE COALITION: BUILDING THE COALITION OF AFFILIATE PARTNERS WAS A SIGNIFICANT PROGRAMMATIC UNDERTAKING IN THIS FIRST FISCAL YEAR. TO FULFILL ITS MISSION TO MAKE INVENTION AND ENTREPRENEURSHIP EDUCATION A FORMAL PART OF K-16 EDUCATION STEMIE IS WORKING: TO CONFEDERATE AFFILIATE PARTNERS CURRENTLY PROVIDING SCHOOLS THIS CRITCAL PROGRAMMING, TO FIND NEW PARTNERS TO ESTABLISH PROGRAMS WHERE THEY DON'T YET EXIST AND TO ALIGN THESE PROGRAMS WITH HIGHER EDUCATION AND INDUSTRY WORKFORCE DEVELOPEMNT INITIATIVES. UNTIL STEMIE, ALMOST ALL INVENTION AND ENTREPRENEURSHIP PROGRAMS OPERATED IN SILOS. THERE IS SO MUCH THAT CAN BE LEARNED BY SHARING EXPERIENCES BUT THERE HAS BEEN NO VEHICLE FOR SUCH CONVENING AND COLLABORATION TO TAKE PLACE UNTIL NOW.
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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 TRADTIONAL STEM EDUCATION AND ENTERPRENEURSHIP, GIVING A PURPOSE TO THE INDIVIDUAL SKILL DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN ITS FIRST YEAR, THE STEMIE COALITION 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 HOSTED THE FIRST NATIONAL INVENTION CONVENTION AT THE US PATENT AND TRADEMARK OFFICE IN ALEXANDRIA, VA. THE STEMIE COALITION RECEIVED ITS 501(C)(3) DESIGNATION SEPTEMBER 30, 2016. CRITICAL TO STEMIE'S FIRST YEAR SUCCESSES WERE 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, SPENT A SIGNIFICANT AMOUNT OF TIME WORKING WITH THIS TEAM TO DEVELOP THE NATIONAL INVENTION CONVENTION PROGRAM AND THE INTEGRATION WITH THEIR EXISTING INVENTION AND ENTREPRENEURSHIP PROGRAMS. 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 DOES NOT PROVIDE A COMPETE AND HOLISTIC PROBLEM SOLVING EXPERIENCE. THE STEMIE COALITION IS MAKING AN EXTENSIVE, IMMEDIATE, AND MEASURABLE IMPACT ON STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) 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 WITH A 5 YEAR GOAL TO ANNUALLY TRAIN 10 MILLION STUDENTS IN INVENTION AND ENTREPRENEURSHIP EDUCATION IN ALL 50 STATE PLUS D.C. 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/ExplanationTxt2THE 990 WAS CREATED WITH SUPPORT FROM THE STEMIE COALITION'S ACCOUNTING FIRM OF RECORD, AND PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING. THE 990 WAS DISTRIBUTED TO ALL BOARD MEMBERS WHO VOTED UNANIMOUSLY TO FILE THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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/ExplanationTxt4THE 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/ExplanationTxt5AS KEY EMPLOYEES ARE ADDED, THE BOARD WILL SEEK INDEPENDENT THIRD PARTY RECOMMENDATIONS FOR COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE STEMIE COALITION MAILING ADDRESS, 803 WARRENVILLE RD, MANSFIELD CENTER, CT 06250.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalLiabilitiesGrp/EOYAmt078089
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IRS990/TotalProgramServiceExpensesAmt0217759
IRS990/TotalProgramServiceRevenueAmt072921
IRS990/TotalReportableCompFromOrgAmt030339
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt072921
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0384092
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/AddressLine1Txt0803 WARRENVILLE ROAD
IRS990/USAddress/CityNm0MANSFIELD CENTER
IRS990/USAddress/StateAbbreviationCd0CT
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IRS990/WebsiteAddressTxt0WWW.STEMIE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL BRIERE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE STEMIE COALITION INC
ReturnHeader/Filer/BusinessNameControlTxt0STEM
ReturnHeader/Filer/EIN0475426484
ReturnHeader/Filer/USAddress/AddressLine1Txt0803 WARRENVILLE RD
ReturnHeader/Filer/USAddress/CityNm0MANSFIELD CTR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006250
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0412072419
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVIS MASCOLA & PHILLIPS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01062 BARNES RD STE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALLINGFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0064922576
ReturnHeader/PreparerPersonGrp/PhoneNum02032650488
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER B DAVIS
ReturnHeader/ReturnTs02017-02-15T13:27:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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