Civic Intelligence

Stempower Inc.

990 • Fiscal year 2020 • EIN 83-2778390

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 31, 2023

Organization ProfileWWW.STEMPOWER.ORG
65 Galloupes Point RoadSwampscott, MA 01907

(703) 463-4468

Siviq Scores

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

Liabilities / Assets

49th percentile

0.09x

Higher debt load relative to assets than 49% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

36th percentile

0.06x

Higher debt load relative to revenue than 36% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

89th percentile

46%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$149,200

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

97th percentile

245%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

91st percentile

76%

Faster revenue growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$1,032,260

Up $733,473 (+245%) from 2019

Net Assets

Up

$936,801

Up $717,850 (+328%) from 2019

Liabilities

Up

$95,459

Up $15,623 (+20%) from 2019

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin89th percentile

Revenue

Up

$1,547,539

Up $667,539 (+76%) from 2019

Expenses

Up

$829,689

Up $68,640 (+9.0%) from 2019

Net Income

Up

$717,850

Up $598,899 (+503%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$1.5M$1.0M$500K$0Assets 2018: $100,000Liabilities 2018: $0Net Assets 2018: $100,0002018Assets 2019: $298,787Liabilities 2019: $79,836Net Assets 2019: $218,9512019Assets 2020: $1,032,260Liabilities 2020: $95,459Net Assets 2020: $936,8012020Assets 2021: $1,278,956Liabilities 2021: $89,612Net Assets 2021: $1,189,3442021Assets 2022: $225,297Liabilities 2022: $23,300Net Assets 2022: $201,9972022Assets 2023: $202,954Liabilities 2023: $15,000Net Assets 2023: $187,9542023Assets 2024: $153,291Liabilities 2024: $8,800Net Assets 2024: $144,4912024

Highlighted filing

2020

Assets$1,032,260
Liabilities$95,459
Net Assets$936,801
Open 2020 Filing

Operations Trend

Revenue Growth91st percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $100,000Expenses 2018: $0Net Income 2018: $100,0002018Revenue 2019: $880,000Expenses 2019: $761,049Net Income 2019: $118,9512019Revenue 2020: $1,547,539Expenses 2020: $829,689Net Income 2020: $717,8502020Revenue 2021: $3,041,969Expenses 2021: $2,858,393Net Income 2021: $183,5762021Revenue 2022: $2,475,009Expenses 2022: $3,129,239Net Income 2022: -$654,2302022Revenue 2023: $2,331,049Expenses 2023: $2,345,092Net Income 2023: -$14,0432023Revenue 2024: $2,064,457Expenses 2024: $2,107,920Net Income 2024: -$43,4632024

Highlighted filing

2020

Revenue$1,547,539
Expenses$829,689
Net Income$717,850
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 31, 2023
Return Version
2020v4.2
Gross Receipts
$1,547,539
Mission and Program Overview

Mission

Science tech engineering & math educ

Stempower, inc.'s mission is to provide pre-university students the opportunity to solve societal problems, strength nations and implement empowerment through the use of stem education. Stempower, inc provides hands-on lab-based stem education emphasizes real-world problem-solving, creativity, and skill-building empowering youth to engineer their homeland away from stubborn poverty. As well as, engineering skills complete a country's production value chain leading to more exports, less imports, and reduced dependency. Lastly, enhances education, competency, innovation, and careers on a national scale that "lifts all boats."

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$288,415$1,028,056▲ $739,641
Prepaid Expenses and Deferred Charges$10,372$4,204▼ $6,168
Total Assets$298,787$1,032,260▲ $733,473
Liabilities
Accounts Payable and Accrued Expenses$79,836$73,127▼ $6,709
Unsecured Notes Loans Payable-$22,332-
Total Liabilities$79,836$95,459▲ $15,623
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$218,951$936,801▲ $717,850
Total Net Assets Fund Balance$218,951$936,801▲ $717,850
Total Liabilities and Net Assets / Fund Balance$298,787$1,032,260▲ $733,473
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kidist GebreamlakPresident/executive DirectFT$149,200$149,200

Board Members and Trustees

NameTitle
Shachar ZahaviClerk/director
Abebe GirmayDirector
Helen MesfinDirector
Mark GelfandDirector
Tamrat BirhanuDirector
Tim VeldmanTreasurer/CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$1,547,539
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,547,539
Change in Net Assets
$717,850

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,547,539
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$46,883
Total Revenue per Audited Statements
$1,594,422
Total Revenue per Form 990
$1,547,539
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$447,874
Other Expenses$211,825
Salaries, Compensation, and Employee Benefits$169,990
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$447,874--$447,874
Current Officers, Directors, Trustees, and Key Employees$105,604$45,259-$150,863
Travel$83,482--$83,482
Office Expenses-$50,531-$50,531
Fees for Services Other-$34,753-$34,753
Payroll Taxes$11,876$2,601-$14,477
Occupancy-$13,800-$13,800
Fees for Services Accounting-$10,000-$10,000
Other Salaries and Wages-$4,650-$4,650
Fees for Services Legal-$2,079-$2,079
Insurance$712$225-$937
Other Expenses-$250-$250
Total Functional Expenses$649,548$180,141$0$829,689

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$876,572
Expenses per Audited Statements$829,689
Total Expenses per Form 990$829,689
Expenses Not Reported on Form 990$46,883
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
1
Employees
4
Spending
$447,874

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Program ServicesStem Education Initiatives14$447,874
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
Audit committee
Yes
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
No
Other officer compensation reviewed
No
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 A, Line 8B

“The organization does not currently have any committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The organization's governing body reviews the 990 by comparing the data to the financial statements and the organization's general information before it is filed.”

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

“The organization has a written conflict of interest policy and requires all officers, directors and key employees to disclose any interest that could arise to conflict and sign it.”

Form 990, Part VI, Section B, Line 15

“The organization has a written whistleblower policy.”

Form 990, Part VI, Section C, Line 19

“Form 990 is available upon written request and is publicly available on the official website of the attorney general of massachusetts.”

Filing and Contact Details

Filer

Filer Name
Stempower Inc
EIN
83-2778390
Phone
7034634468
Address
65 GALLOUPES POINT ROAD, SWAMPSCOTT, MA 01907

Signing Officer

Name
Mark Gelfand
Title
Director
Phone
7034634468
Signed
2023-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Gelfand
Formed
2018
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
6
Employees
2
Volunteers
6

Preparer

Firm
Litmangerson Associates Llp
Address
500 W CUMMINGS PARK SUITE 5650, WOBURN, MA 01801
Preparer
Robert F Hart Jr
Phone
7815694700
Supplemental Narrative

Additional Explanations

PART XII, LINE 2C:

“The organization's board of directors assumes responsibility for oversight of the audit as well as selecting the external auditor.”

Financial Statement Notes

PART X, LINE 2:

“The organization accounts for the uncertainty in income taxes in accordance with fasb asc topic. 740, income taxes (asc 740), which prescribes a recognition threshold of more likely-than-not, and a measurement attribute for all tax positions taken or expected to be taken on a tax return, in order for those tax positions to be recognized in the financial statements. When necessary, the organization accounts for interest and penalties related to uncertain tax positions as part of its provision for income taxes. The organization does not expect that unrecognized tax benefits arising from tax positions will change significantly within the next twelve months.”

Raw XML AppendixShowing 400 of 409 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/ActivityOrMissionDesc0STEMPOWER, INC.'S MISSION IS TO PROVIDE PRE-UNIVERSITY STUDENTS THE OPPORTUNITY TO SOLVE SOCIETAL PROBLEMS, STRENGTH NATIONS AND IMPLEMENT EMPOWERMENT THROUGH THE USE OF STEM EDUCATION. STEMPOWER, INC PROVIDES HANDS-ON LAB-BASED STEM EDUCATION EMPHASIZES REAL-WORLD PROBLEM-SOLVING, CREATIVITY, AND SKILL-BUILDING EMPOWERING YOUTH TO ENGINEER THEIR HOMELAND AWAY FROM STUBBORN POVERTY. AS WELL AS, ENGINEERING SKILLS COMPLETE A COUNTRY'S PRODUCTION VALUE CHAIN LEADING TO MORE EXPORTS, LESS IMPORTS, AND REDUCED DEPENDENCY. LASTLY, ENHANCES EDUCATION, COMPETENCY, INNOVATION, AND CAREERS ON A NATIONAL SCALE THAT "LIFTS ALL BOATS."
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IRS990/Desc0TO PROVIDE A HIGHER LEVEL OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH EDUCATION THROUGH THE USE OF HANDS ON TRAINING ON LAB EQUIPMENT TO PRE-UNIVERSITY STUDENTS. THE ORGANIZATION COMPLETED THE ORIGINALLY-FILED FORM 990 WITH THE BEST AVAILABLE INFORMATION PRIOR TO COMPLETION OF CLOSING ITS BOOKS FOR THE YEAR ENDED DECEMBER 31, 2020. THE ORGANIZATION'S BOOKS HAVE BEEN CLOSED AND THE FINANCIAL STATEMENTS HAVE SINCE BEEN AUDITED; AND, THE AMENDED FORM 990 REFLECTS THE INFORMATION AS PRESENTED ON THE AUDITED FINANCIAL STATEMENTS. THE AMOUNTS REPORTED ON THE ORIGINALLY-FILED FORM 990 AND THE AMENDED FORM 990 ARE SUMMARIZED AS FOLLOWS:TOTAL REVENUE AND SUPPORT - ORIGINAL $1,534,990 - AMENDED $1,547,539TOTAL EXPENSES - ORIGINAL $748,173 - AMENDED $829,689TOTAL CHANGE IN NET ASSETS - ORIGINAL $786,817 - AMENDED $717,850TOTAL ASSETS - ORIGINAL $1,098,582 - AMENDED $1,032,260TOTAL LIABILITIES - ORIGINAL $92,814 - AMENDED $95,459TOTAL NET ASSETS - ORIGINAL $1,005,768 - AMENDED $936,801
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IRS990/MissionDesc0STEMPOWER, INC.'S MISSION IS TO PROVIDE PRE-UNIVERSITY STUDENTS THE OPPORTUNITY TO SOLVE SOCIETAL PROBLEMS, STRENGTHEN NATIONS AND IMPLEMENT EMPOWERMENT THROUGH THE USE OF STEM EDUCATION. STEMPOWER, INC PROVIDES HANDS-ON LAB-BASED STEM EDUCATION EMPHASIZES REAL-WORLD PROBLEM-SOLVING, CREATIVITY, AND SKILL-BUILDING EMPOWERING YOUTH TO ENGINEER THEIR HOMELAND AWAY FROM STUBBORN POVERTY. AS WELL AS, ENGINEERING SKILLS COMPLETE A COUNTRY'S PRODUCTION VALUE CHAIN LEADING TO MORE EXPORTS, LESS IMPORTS, AND REDUCED DEPENDENCY. LASTLY, ENHANCES EDUCATION, COMPETENCY, INNOVATION, AND CAREERS ON A NATIONAL SCALE THAT "LIFTS ALL BOATS."
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01547539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0880000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02527539
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0238641
IRS990ScheduleA/SubstantialContributorsTotAmt02288898
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01547539
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0880000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02527539
IRS990ScheduleA/TotalSupportAmt02527539
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt046883
IRS990ScheduleD/DonatedServicesUseFcltsAmt046883
IRS990ScheduleD/ExpensesNotReportedAmt046883
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0829689
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt046883
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01547539
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR THE UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH FASB ASC TOPIC. 740, INCOME TAXES (ASC 740), WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY-THAN-NOT, AND A MEASUREMENT ATTRIBUTE FOR ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, IN ORDER FOR THOSE TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. WHEN NECESSARY, THE ORGANIZATION ACCOUNTS FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS PART OF ITS PROVISION FOR INCOME TAXES. THE ORGANIZATION DOES NOT EXPECT THAT UNRECOGNIZED TAX BENEFITS ARISING FROM TAX POSITIONS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0829689
IRS990ScheduleD/TotalRevenuePerForm990Amt01547539
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01594422
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0876572
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt04
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0447874
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0STEM EDUCATION INITIATIVES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0428820
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt116448
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0DONATED EQUIPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1EFT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt02606
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1EQUIPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1SUB-SAHARAN AFRICA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt04
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0447874
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0STEMPOWER, INC. BOARD OF DIRECTORS REVIEWS REPORTS AND BANK ACCOUNT TRANSFERS TO ITS BRANCH OFFICE LOCATED OUTSIDE OF THE UNITED STATES.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1STEMPOWER, INC. USES THE ACCRUAL METHOD OF ACCOUNTING FOR ITS BRANCH OFFICE OUTSIDE OF THE UNITED STATES AND CONVERTS LOCAL COUNTRY CURRENCY TO U.S. DOLLARS FOR U.S. FINANCIAL REPORTING PURPOSES.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 3:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt04
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0447874
IRS990ScheduleF/TransferToForeignCorpInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING BODY REVIEWS THE 990 BY COMPARING THE DATA TO THE FINANCIAL STATEMENTS AND THE ORGANIZATION'S GENERAL INFORMATION BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY AND REQUIRES ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES TO DISCLOSE ANY INTEREST THAT COULD ARISE TO CONFLICT AND SIGN IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A WRITTEN WHISTLEBLOWER POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS AVAILABLE UPON WRITTEN REQUEST AND IS PUBLICLY AVAILABLE ON THE OFFICIAL WEBSITE OF THE ATTORNEY GENERAL OF MASSACHUSETTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AS WELL AS SELECTING THE EXTERNAL AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0298787
IRS990/TotalAssetsEOYAmt01032260
IRS990/TotalAssetsGrp/BOYAmt0298787
IRS990/TotalAssetsGrp/EOYAmt01032260
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01547539
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0180141
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0649548
IRS990/TotalFunctionalExpensesGrp/TotalAmt0829689
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt079836
IRS990/TotalLiabilitiesEOYAmt095459
IRS990/TotalLiabilitiesGrp/BOYAmt079836
IRS990/TotalLiabilitiesGrp/EOYAmt095459
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0218951
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0936801
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0649548
IRS990/TotalReportableCompFromOrgAmt0149200
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01547539
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0298787
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01032260
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt083482
IRS990/TravelGrp/TotalAmt083482
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt022332
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt065 GALLOUPES POINT ROAD
IRS990/USAddress/CityNm0SWAMPSCOTT
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001907
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.STEMPOWER.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK GELFAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07034634468
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STEMPOWER INC
ReturnHeader/Filer/BusinessNameControlTxt0STEM
ReturnHeader/Filer/EIN0832778390
ReturnHeader/Filer/PhoneNum07034634468
ReturnHeader/Filer/USAddress/AddressLine1Txt065 GALLOUPES POINT ROAD
ReturnHeader/Filer/USAddress/CityNm0SWAMPSCOTT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001907
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042694095
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LITMANGERSON ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 W CUMMINGS PARK SUITE 5650
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001801
ReturnHeader/PreparerPersonGrp/PhoneNum07815694700

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,032,260
Liabilities
$95,459
Net assets
$936,801
Revenue
$1,547,539
Expenses
$829,689
Net income
$717,850
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$2.06$2.11$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.20$0.02$0.19$2.33$2.35$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.23$0.02$0.20$2.48$3.13$0.65
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.09$1.19$3.04$2.86$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.10$0.94$1.55$0.83$0.72
2019Detailed filing. Detailed filing data is available for this year.$0.30$0.08$0.22$0.88$0.76$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.10$0.00$0.10