Civic Intelligence

The Stemie Coalition Inc

990 • Fiscal year 2017 • EIN 47-5426484

Jul 01, 2016 to Jun 30, 2017 • Filed on May 08, 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

0.60x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

0.32x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

30th percentile

-3.3%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

96th percentile

$186,194

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 34.9% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

85th percentile

36%

Faster asset growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

39%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$290,521

Up $77,599 (+36%) from 2016

Net Assets

Down

$117,124

Down $17,709 (-13%) from 2016

Liabilities

Up

$173,397

Up $95,308 (+122%) from 2016

Revenue

Up

$533,881

Up $149,789 (+39%) from 2016

Expenses

Up

$551,590

Up $302,331 (+121%) from 2016

Net Income

Down

-$17,709

Down $152,542 (-113%) from 2016

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

2017

Assets$290,521
Liabilities$173,397
Net Assets$117,124

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

2017

Revenue$533,881
Expenses$551,590
Net Income-$17,709
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 8, 2017
Return Version
2016v3.1
Gross Receipts
$533,881
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$231,962▲ $130,021
Pledges and Grants Receivable$75,000$47,713▼ $27,287
Accounts Receivable$33,628--
Land, Buildings, and Equipment, Net$2,353$4,317▲ $1,964
Prepaid Expenses and Deferred Charges-$1,727-
Total Assets$212,922$290,521▲ $77,599
Other Assets Total-$4,802-
Liabilities
Accounts Payable and Accrued Expenses$78,089$173,397▲ $95,308
Total Liabilities$78,089$173,397▲ $95,308
Net Assets / Fund Balance
Unrestricted Net Assets$134,833$117,124▼ $17,709
Total Net Assets Fund Balance$134,833$117,124▼ $17,709
Total Liabilities and Net Assets / Fund Balance$212,922$290,521▲ $77,599

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,454$42$2,496
Equipment$1,863$585$2,448
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel BriereCEOFT$130,000$56,194$186,194

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$422,704
Program Service Revenue
$111,169
Investment Income
$8
Other Revenue
$0
All Other Contributions
$422,704
Change in Net Assets
$-17,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$334,763
Salaries, Compensation, and Employee Benefits$216,827
Total Fundraising Expense$42,068
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$153,708$20,494$30,742$204,944
Fees for Services Other$117,976-$1,425$119,401
Conferences and Meetings$72,315--$72,315
Travel$35,805$4,679$7,019$47,503
Advertising$41,578--$41,578
Office Expenses$4,403$12,025-$16,428
Payroll Taxes$8,913$1,188$1,782$11,883
Fees for Services Accounting-$8,827-$8,827
Fees for Services Legal-$5,799-$5,799
Information Technology$3,322$220$331$3,873
Fees for Services Management-$3,500-$3,500
Insurance-$2,155-$2,155
Interest$1,497$200$300$1,997
Depreciation Depletion-$532-$532
Other Expenses$2,250$145$450$145
All Other Expenses$93$12$19$124
Total Functional Expenses$447,792$61,730$42,068$551,590
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
2017-05-08

Organization Details

Principal Officer
Daniel Briere
Formed
2015
Legal Domicile
Ct
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
30

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-16 workforce development programs.

Form 990

In its second 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 (in 2017, at the us patent and trademark office in alexandria, va., and in 2018 at the henry ford museum of american 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, Part IX, Line 11G

Sub-contractors 92,976 0 0 subcontract work 25,000 0 0 fundraising 0 0 1,425 total 117,976 0 1,425

Raw XML Appendix365 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/Desc0NATIONAL INVENTION CONVENTION AND ENTREPRENEURSHIP EXPOSITION: THIS IS THE ANNUAL CELEBRATION OF THE LOCAL AND STATEWIDE INVENTION AND ENTRPRENEURSHIP 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 2017, 331 K-12 FINALISTS COMPETED AT THE USPTO FROM OVER 200,000 INVENTION CONVENTION PARTICIPANTS IN 18 STATES. 57% WERE GIRLS AND 33% CAME FROM FINANCIALLY UNDERSERVED AREAS, 27% WERE MINORITIES. MORE THAN 500 FAMILY MEMBERS, TEACHERS, AND CHAPERONES ATTENDED, PLUS 120 JUDGES - ENGINEERS, ENTREPRENEURS, PROFESSORS, AND MANY DEDICATED VOLUNTEERS. REGISTRATIONS AND PROGRAMMATIC REVENUES MAKE THIS A SELF-SUSTAINING EVENT ANNUALLY.
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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-16 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 STARTED PROGRAMS IN WASHINGTON, INDIANA, FLORIDA AND MINNESOTA, AND SEEDED CONVERSATIONS IN MANY 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-16 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. STEMI 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-16 WORKFORCE DEVELOPMENT PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN ITS SECOND 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 (IN 2017, AT THE US PATENT AND TRADEMARK OFFICE IN ALEXANDRIA, VA., AND IN 2018 AT THE HENRY FORD MUSEUM OF AMERICAN 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/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/ExplanationTxt7SUB-CONTRACTORS 92,976 0 0 SUBCONTRACT WORK 25,000 0 0 FUNDRAISING 0 0 1,425 TOTAL 117,976 0 1,425
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER B DAVIS
ReturnHeader/ReturnTs02018-05-12T09:57:22-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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