Stem Forward INC FY2024 filing
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Advances engineering and allied arts/sciences, fostering professional growth and community benefit. For fiscal year 2024 it reported $354K in revenue, $296K in expenses, and $494K in net assets.Pt I
Summary of the Filing
Where the work happens
Education Initiative
Direct management of stem outreach activities and programs with a special emphasis on connecting students with stem professionals.
Stem Outreach
Promote occupations and opportunities within the fields of engineering and science.
Events
Organizing and hosting various competitions in the science, technology, engineering, and mathematics disciplines, including regional and national rube goldberg competitions and future city competition.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Rich Merkel | $111,675 | $108,194 | $102,206 | $101,469 | $97,975 | $99,638 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 71% | — | — |
| Overhead ratio | 23% | — | — |
| Fundraising cost ratio | 7% | — | — |
| Revenue growth | 18% | — | — |
| Accounting fee ratio | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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