Civic Intelligence

STEM Education Inc.

990EZ • Fiscal year 2021 • EIN 81-2025111

Jan 01, 2021 to Dec 31, 2021 • Filed on May 05, 2023

3360 Johnson LaneErie, CO 80516

(303) 439-9522

Siviq Scores

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

Liabilities / Assets

88th percentile

0.43x

Higher debt load relative to assets than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

27.00x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

36th percentile

0.0%

Higher net margin than 36% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

41st percentile

0.0%

Faster asset growth than 41% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-97%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Flat

$31,724

Flat from 2020

Net Assets

Flat

$18,224

Flat from 2020

Liabilities

Flat

$13,500

Flat from 2020

Revenue

Down

$500

Down $18,591 (-97%) from 2020

Expenses

Down

$500

Down $18,587 (-97%) from 2020

Net Income

Down

$0

Down $4 (-100%) from 2020

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2016: $18,744Liabilities 2016: $02016Assets 2017: $18,642Liabilities 2017: $02017Assets 2018: $19,612Liabilities 2018: $0Net Assets 2018: $19,6122018Assets 2019: $21,354Liabilities 2019: $0Net Assets 2019: $21,3542019Assets 2020: $31,724Liabilities 2020: $13,500Net Assets 2020: $18,2242020Assets 2021: $31,724Liabilities 2021: $13,500Net Assets 2021: $18,2242021Assets 2022: $31,724Liabilities 2022: $13,500Net Assets 2022: $18,2242022Assets 2023: $29,521Liabilities 2023: $13,500Net Assets 2023: $16,0212023Assets 2024: $29,184Liabilities 2024: $13,243Net Assets 2024: $15,9412024

Highlighted filing

2021

Assets$31,724
Liabilities$13,500
Net Assets$18,224

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $115,702Expenses 2016: $115,218Net Income 2016: $4842016Revenue 2017: $52,065Expenses 2017: $51,727Net Income 2017: $3382017Revenue 2018: $29,937Expenses 2018: $28,967Net Income 2018: $9702018Revenue 2019: $89,261Expenses 2019: $87,519Net Income 2019: $1,7422019Revenue 2020: $19,091Expenses 2020: $19,087Net Income 2020: $42020Revenue 2021: $500Expenses 2021: $500Net Income 2021: $02021Revenue 2022: $25,000Expenses 2022: $25,000Net Income 2022: $02022Revenue 2023: $14,265Expenses 2023: $14,168Net Income 2023: $972023Revenue 2024: $24,495Expenses 2024: $24,575Net Income 2024: -$802024

Highlighted filing

2021

Revenue$500
Expenses$500
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 5, 2023
Return Version
2021v4.0
Gross Receipts
$500
Mission and Program Overview

Mission

The mission of STEM Education Inc is to empower children and young adults with the knowledge and resources needed to lead the world of tomorrow. By inspiring an early passion for science, technology, engineering, and math through hands-on, scientific experimentation and exploration of today's technology, we realize the positive effects of our programs while fostering character development and team building skills. We aim to provide students with the resources, education, and life skills that will open doors to future scholarships and lead to employment opportunities as competitive industry professionals in STEM plus Computer Science fields.

Program Services

DescriptionGrantsExpenses
Online Innovation Challenge: This website was build and run to teach and inspire students that were stuck at home because of Covid 19 lockdowns. There were weekly challenges, and a final invention challenge that would lead to an Innovation Summit that would take place after COVID restrictions were lifted. We continued this program for 2021 from January to March but discontinued it as the COVID restrictions continued to stay in place. We impacted unknown amounts of students and teachers. We estimate over 600 students and 40 teachers.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathy CollierBoard Member (President)-$0--
Lucy MwangiBoard Member-$0--
Matthew CollierCMO & Volunteer CoordinatorPT$0--
Filing and Contact Details

Filer

Filer Name
Stem Education Inc
EIN
81-2025111
Phone
3034399522
Address
3360 Johnson Lane, Erie, CO 80516

Signing Officer

Name
Matthew Collier
Title
CEO
Phone
7202615160
Signed
2023-05-05
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part II, Line 24

For this year we did not do any actual promoting or expenses. Because of COVID restrictions on education we were unable to move forward with any growth. The only expenses were bank fees of $82 and interest on the credit card of $418.

Form 990-EZ, Part II, Line 26

Our SBA Covid Relief loan.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0For this year we did not do any actual promoting or expenses. Because of COVID restrictions on education we were unable to move forward with any growth. The only expenses were bank fees of $82 and interest on the credit card of $418.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Our SBA Covid Relief loan.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0As the year went on and COVID lockdowns stayed in place we chose to close the doors and wait to see if STEM Ed could be revived. In September of 2022 we had a meeting and decided to press on. Right at that same time I lost sight in my left eye and found out I had a heart condition and would need major surgery. This caught all of us off guard and I am still dealing with it. As you can see we had no activity through the 2021 year. I am trying to get 2022 990s submitted before the 15th and you will see we were able to start our outreaches again. We made it! Cuts and burses, but we are through. Thankyou for your consideration.
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ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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