Civic Intelligence

Great Minds in STEM

990 • Fiscal year 2017 • EIN 95-4577359

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 02, 2018

2465 W Whittier Boulevard Suite 202Montebello, CA 90640

(323) 262-0997

Siviq Scores

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

Liabilities / Assets

91st percentile

0.95x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

74th percentile

0.37x

Higher debt load relative to revenue than 74% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

29th percentile

-4.2%

Higher net margin than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

78th percentile

$125,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

8th percentile

-16%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-20%

Faster revenue growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,381,314

Down $259,008 (-16%) from 2016

Net Assets

Down

$69,970

Down $150,417 (-68%) from 2016

Liabilities

Down

$1,311,344

Down $108,591 (-7.6%) from 2016

Revenue

Down

$3,549,789

Down $870,621 (-20%) from 2016

Expenses

Down

$3,700,206

Down $516,236 (-12%) from 2016

Net Income

Down

-$150,417

Down $354,385 (-174%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2010: $701,369Liabilities 2010: $1,364,682Net Assets 2010: -$663,3132010Assets 2011: $598,316Liabilities 2011: $1,195,886Net Assets 2011: -$597,5702011Assets 2012: $785,404Liabilities 2012: $1,325,694Net Assets 2012: -$540,2902012Assets 2013: $939,660Liabilities 2013: $1,318,897Net Assets 2013: -$379,2372013Assets 2014: $1,203,736Liabilities 2014: $1,190,734Net Assets 2014: $13,0022014Assets 2015: $1,481,040Liabilities 2015: $1,464,621Net Assets 2015: $16,4192015Assets 2016: $1,640,322Liabilities 2016: $1,419,935Net Assets 2016: $220,3872016Assets 2017: $1,381,314Liabilities 2017: $1,311,344Net Assets 2017: $69,9702017Assets 2018: $3,790,468Liabilities 2018: $1,281,694Net Assets 2018: $2,508,7742018Assets 2019: $3,479,056Liabilities 2019: $1,408,519Net Assets 2019: $2,070,5372019Assets 2020: $3,296,326Liabilities 2020: $1,151,921Net Assets 2020: $2,144,4052020Assets 2021: $3,658,406Liabilities 2021: $817,595Net Assets 2021: $2,840,8112021Assets 2022: $3,284,403Liabilities 2022: $1,169,593Net Assets 2022: $2,114,8102022Assets 2023: $2,453,901Liabilities 2023: $782,062Net Assets 2023: $1,671,8392023Assets 2024: $1,329,987Liabilities 2024: $448,041Net Assets 2024: $881,9462024

Highlighted filing

2017

Assets$1,381,314
Liabilities$1,311,344
Net Assets$69,970

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $3,378,817Expenses 2010: $4,007,295Net Income 2010: -$628,4782010Revenue 2011: $3,937,636Expenses 2011: $3,871,893Net Income 2011: $65,7432011Expenses 2012: $4,003,2812012Revenue 2013: $4,075,086Expenses 2013: $3,914,033Net Income 2013: $161,0532013Revenue 2014: $4,706,816Expenses 2014: $4,314,577Net Income 2014: $392,2392014Revenue 2015: $4,277,114Expenses 2015: $4,273,697Net Income 2015: $3,4172015Revenue 2016: $4,420,410Expenses 2016: $4,216,442Net Income 2016: $203,9682016Revenue 2017: $3,549,789Expenses 2017: $3,700,206Net Income 2017: -$150,4172017Revenue 2018: $6,884,531Expenses 2018: $4,445,727Net Income 2018: $2,438,8042018Revenue 2019: $3,835,392Expenses 2019: $4,273,629Net Income 2019: -$438,2372019Revenue 2020: $2,200,795Expenses 2020: $2,126,928Net Income 2020: $73,8672020Revenue 2021: $2,728,420Expenses 2021: $2,032,014Net Income 2021: $696,4062021Revenue 2022: $2,512,291Expenses 2022: $3,238,292Net Income 2022: -$726,0012022Revenue 2023: $2,555,249Expenses 2023: $2,998,220Net Income 2023: -$442,9712023Revenue 2024: $2,214,869Expenses 2024: $3,004,762Net Income 2024: -$789,8932024

Highlighted filing

2017

Revenue$3,549,789
Expenses$3,700,206
Net Income-$150,417
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 2, 2018
Return Version
2017v2.3
Gross Receipts
$3,549,789
Mission and Program Overview

Mission

- to inspire and motivate underserved students to pursue careers in science, technology, engineering and math (stem)- to enlighten and engage families, educators, communities and employers to assist underserved students pursuing stem careers- to inspire our nation through recognition of the achievements of hispanics and other role models in stem- to enable and leverage hispanic stem talent to play a leadership role- to collaborate and cooperate nationally within the stem community

Be a national leader in keeping america technologically strong by promoting science, technology, engineering and math careers especially in underserved communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,099,300$855,458▼ $243,842
Intangible Assets$255,710$238,725▼ $16,985
Land, Buildings, and Equipment, Net$196,470$182,690▼ $13,780
Cash and Non-Interest-Bearing Accounts$45,162$68,485▲ $23,323
Loans From Officers Directors-$20,000-
Prepaid Expenses and Deferred Charges$15,044$16,419▲ $1,375
Pledges and Grants Receivable$6,000$2,000▼ $4,000
Total Assets$1,640,322$1,381,314▼ $259,008
Other Assets Total$22,636$17,537▼ $5,099
Liabilities
Accounts Payable and Accrued Expenses$772,119$706,263▼ $65,856
Other Liabilities$336,666$307,831▼ $28,835
Deferred Revenue$311,150$277,250▼ $33,900
Total Liabilities$1,419,935$1,311,344▼ $108,591
Net Assets / Fund Balance
Temporarily Rstr Net Assets$770,863$861,816▲ $90,953
Unrestricted Net Assets$-550,476$-791,846▼ $241,370
Total Net Assets Fund Balance$220,387$69,970▼ $150,417
Total Liabilities and Net Assets / Fund Balance$1,640,322$1,381,314▼ $259,008

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$182,690$97,640$280,330
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anna M Park JdCEO/board MemberFT$125,000$125,000

Board Members and Trustees

NameTitle
Raymond MelladoBoard Chair
Juan Rivera PhdVice-chair
Alejandro M LopezBoard Member
Geraldine McgrathBoard Member
H Keith Moo-young Phd PeBoard Member
Ivan DiazBoard Member
Maria E RuessBoard Member
Patt Romero CroninBoard Member
Rainia WashingtonBoard Member
Robin EvittsBoard Member
Tony OrtegaBoard Member
Doreen M Mercado EsqSecretary
Rudy Montiel PeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$119,708
Program Service Revenue
$3,425,947
Investment Income
$0
Other Revenue
$4,134
All Other Contributions
$119,708
Change in Net Assets
$-150,417

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table24$29,408Comparable Costs
Other Non Cash Contri Table1$20,000Comparable Costs
Other Non Cash Contri Table8$14,959Comparable Costs
Total Noncash Contributions33$64,367-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,549,789
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,549,789
Total Revenue per Form 990
$3,549,789
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,434,508
Salaries, Compensation, and Employee Benefits$807,905
Grants and Similar Amounts Paid$457,793
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$454,694$128,470-$583,164
Travel$442,910$78,161-$521,071
Grants to Domestic Individuals$457,793--$457,793
Occupancy$175,346$43,836-$219,182
All Other Expenses$183,267$32,524-$215,791
Current Officers, Directors, Trustees, and Key Employees$97,462$27,538-$125,000
Depreciation Depletion$91,600$16,165-$107,765
Fees for Services Accounting$54,872$22,056-$76,928
Payroll Taxes$46,203$13,054-$59,257
Advertising$56,681--$56,681
Other Expenses$0$54,850$0$54,850
Other Employee Benefits$31,565$8,919-$40,484
Interest-$27,870-$27,870
Insurance$15,616$3,904-$19,520
Office Expenses$12,637$3,159-$15,796
Fees for Services Legal-$2,260-$2,260
Total Functional Expenses$3,131,698$568,508$0$3,700,206

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,700,206
Total Expenses per Audited Statements$3,700,206
Total Expenses per Form 990$3,700,206
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Peter Mellado - Owner of Mellcom ISon of the Chairman of the Board and Brother of CEOMellcom, Inc., Is the Publisher of Technica Magazine, the Official Publication of the Organization. Through This Relationship With Mellcom, Inc., the Organization Has a Direct Link to High Quality Art Directors, Graphic Artists, Journalists, Editors, Photographers and Award Show Producers.No$61,060
-Entity Affiliated With a Board MemberBusiness ConsultingNo$8,840

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$20,000-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit - Citibank$240,998
Note Payable - Related Party$66,833
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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, Part VI, Section A, Line 2

Anna m. Park, j.d. The chief executive officer is the daughter of raymond mellado, the board chair.

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

The form 990 goes through two review processes, once by the audit committee then by the governing body. At the governing body meeting the board votes to approve as final.

Form 990, Part VI, Section B, Line 15

Compensation is reviewed annually by the board through comparing like-kind non-profit organizations and refering to the "compensation in non-profit organizations in california" manual and the guidestar national compensation report as well.

Form 990, Part VI, Section C, Line 19

The information is made available on an independent third party website available to the public.

Filing and Contact Details

Filer

Filer Name
Great Minds in Stem
EIN
95-4577359
Phone
3232620997
Address
2465 W WHITTIER BOULEVARD SUITE 202, MONTEBELLO, CA 90640

Signing Officer

Name
Anna M Park Jd
Title
CEO
Phone
3232620997
Signed
2018-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anna M Park Jd
Formed
1996
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
17
Volunteers
4,000

Preparer

Firm
Keller and Associates Llp
Address
18645 SHERMAN WAY SUITE 110, RESEDA, CA 91335
Preparer
David Keller
Phone
8183833079
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IRS990/MissionDesc0- TO INSPIRE AND MOTIVATE UNDERSERVED STUDENTS TO PURSUE CAREERS IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM)- TO ENLIGHTEN AND ENGAGE FAMILIES, EDUCATORS, COMMUNITIES AND EMPLOYERS TO ASSIST UNDERSERVED STUDENTS PURSUING STEM CAREERS- TO INSPIRE OUR NATION THROUGH RECOGNITION OF THE ACHIEVEMENTS OF HISPANICS AND OTHER ROLE MODELS IN STEM- TO ENABLE AND LEVERAGE HISPANIC STEM TALENT TO PLAY A LEADERSHIP ROLE- TO COLLABORATE AND COOPERATE NATIONALLY WITHIN THE STEM COMMUNITY
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IRS990/ProgSrvcAccomActy2Grp/Desc0VIVA TECHNOLOGY! A K-12 NATIONAL SCIENCE, TECHNOLOGY, MATH AND ENGINEERING AWARENESS PROGRAM OFFERED AT SCHOOLS ACROSS THE NATION FOR TEACHERS, PARENTS AND STUDENTS IN A VARIETY OF PROGRAM FORMATS. THE PROGRAM FEATURES HANDS-ON ACTIVITIES FOR STUDENTS WITH ENGINGEERS AND SCIENTISTS AS GUEST SPEAKERS; WORKSHOPS AND EDUCATIONAL TOOLS FOR TEACHERS; AND INFORMATIVE WORKSHOPS FOR PARENTS TO LEARN ABOUT CAREERS IN ENGINEERING AND SCIENCE, THE ACADEMIC PREPARATION REQUIRED FOR COLLEGE ENTRANCE IN THESE FIELDS OF STUDY AND GUIDES TO COLLEGES, UNIVERSITIES AND SCHOLARSHIP PROGRAMS. A MASTER CALENDAR OF VIVA TECHNOLOGY EVENTS AND SPONSORS IS ON THE WEBSITE AND IT IS FEATURED QUARTERLY IN A NATIONAL PUBLICATION. THE WEBSITE FEATURES A ROLE MODEL FOR THE CURRENT WEEK AND LISTS PAST AND PRESENT HENAAC AWARD RECIPIENTS. IT HAS A STREAMING VIDEO OF THE AWARDS SHOW, HALL OF FAME INDUCTEES, ANNOUNCEMENTS, MASTER CALENDAR OF EVENTS, SCHOLARSHIP INFORMATION AND APPLICATIONS, HENAAC CONFERENCE INFORMATION AND REGISTRATION, AS WELL AS VIVA TECHNOLOGY PROGRAM, STEM-UP, EVENT AND COMMUNITY INFORMATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0712910
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0808387
IRS990/ProgSrvcAccomActy3Grp/Desc0ON DECEMBER 5, 2014, THE ORGANIZATION ACQUIRED MENTORNET, WHICH HASBECOME THE MENTORNET PROGRAM. THE OBJECTIVES OF THE MENTORNET PROGRAMIS TO PROVIDE TO ALL SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS(STEM) STUDENTS IN THE UNITED STATES WITH ACCESS TO EFFECTIVEMENTORSHIPS IN A VIBRANT COMMUNITY COMMITTED TO STUDENT SUCCESS; TODEVELOP A SCALABLE MENTORING PLATFORM THAT COMBINES THE TECHNOLOGY OFSOCIAL NETWORKS WITH THE SOCIAL SCIENCE OF MENTORING; AND TO DELIVEREVIDENCE-BASED PROGRAMS THAT ADDRESS THE CRITICAL ISSUES IMPACTING STEMSTUDENT SUCCESS. THESE OBJECTIVES ARE ACCOMPLISHED THROUGH A SCALABLEPLATFORM FOR MENTORING WHICH COMBINES THE TECHNOLOGY OF SOCIAL NETWORKSWITH THE SOCIAL SCIENCE OF MENTORING. THIS PLATFORM ALLOWS FOR THEFOLLOWING: 1.STRATEGICALLY MATCHING STEM STUDENTS AND PROFESSIONALS IN COMPATIBLE MENTORING RELATIONSHIPS; 2. DELIVER EVIDENCE-BASED PROGRAMSTHAT ADDRESS THE ISSUES IMPACTING RETENTION AND SUCCESS IN STEM FIELDS;AND 3. THE ABILITY TO CONDUCT CONTROLLED STUDIES AND EVALUATION TOIDENTIFY AND VERIFY FACTORS THAT IMPACT STUDENT SUCCESS.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MAINTAINING OF SCHOLARSHIP RECIPIENT DATABASE ON AN ANNUAL BASIS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0LSCW LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0PETER MELLADO - OWNER OF MELLCOM I
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SON OF THE CHAIRMAN OF THE BOARD AND BROTHER OF CEO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1ENTITY AFFILIATED WITH A BOARD MEMBER
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt18840
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MELLCOM, INC., IS THE PUBLISHER OF TECHNICA MAGAZINE, THE OFFICIAL PUBLICATION OF THE ORGANIZATION. THROUGH THIS RELATIONSHIP WITH MELLCOM, INC., THE ORGANIZATION HAS A DIRECT LINK TO HIGH QUALITY ART DIRECTORS, GRAPHIC ARTISTS, JOURNALISTS, EDITORS, PHOTOGRAPHERS AND AWARD SHOW PRODUCERS.
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JUAN RIVERA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0VICE CHAIR

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.45$0.88$2.21$3.00$0.79
2023Detailed filing. Detailed filing data is available for this year.$2.45$0.78$1.67$2.56$3.00$0.44
2022Detailed filing. Detailed filing data is available for this year.$3.28$1.17$2.11$2.51$3.24$0.73
2021Detailed filing. Detailed filing data is available for this year.$3.66$0.82$2.84$2.73$2.03$0.70
2020Detailed filing. Detailed filing data is available for this year.$3.30$1.15$2.14$2.20$2.13$0.07
2019Detailed filing. Detailed filing data is available for this year.$3.48$1.41$2.07$3.84$4.27$0.44
2018Detailed filing. Detailed filing data is available for this year.$3.79$1.28$2.51$6.88$4.45$2.44
2017Detailed filing. Detailed filing data is available for this year.$1.38$1.31$0.07$3.55$3.70$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.64$1.42$0.22$4.42$4.22$0.20
2015Detailed filing. Detailed filing data is available for this year.$1.48$1.46$0.02$4.28$4.27$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.20$1.19$0.01$4.71$4.31$0.39
2013Detailed filing. Detailed filing data is available for this year.$0.94$1.32$0.38$4.08$3.91$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$1.33$0.54$4.00
2011Summary only. Only limited summary data is available for this year.$0.60$1.20$0.60$3.94$3.87$0.07
2010Summary only. Only limited summary data is available for this year.$0.70$1.36$0.66$3.38$4.01$0.63