Stem Advantage EIN 46-1042540

Stem Advantage FY2022 filing

EIN  46-1042540 Public charity (501(c)(3)) Huntingtn Bch, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Verified accurate 9/14/26 · see original filing: IRS
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Size
$1–10M
What they do
Prepares and mentors underserved students for STEM careers, connecting them to opportunities and businesses.
Leadership
Lee Ann Kline · President
Money in and out
$1.3M revenue, $633K expenses
Bottom line
92% program efficiency

Prepares and mentors underserved students for STEM careers, connecting them to opportunities and businesses. For fiscal year 2022 it reported $1.3M in revenue, $633K in expenses, and $929K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$633K
Pt IX · Ln 25
Net assets
$929K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $635K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.02 Fundraising $0.06
Program efficiency
92%
of spending reaches programs
Operating runway
12.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+50%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$1.3M
FY2022▲ +102%
Expenses
$633K
FY2022▲ +42%
Total assets
$934K
FY2022▲ +215%
Total liabilities
$4K
FY2022▲ +109%
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$633K
Pt IX · Ln 25
Net assets
$929K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$635K
Total assetsPt X · Ln 16$934K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $583K of program spending, described in the organization's own filed words · FY2022.
01

STEM Advantage levels the playing field by empowering talented students, who are mostly low-income, first-generation college students, with access to networks, employment, and economic mobility that students attending a private or elite public university receive.

$583Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStem Advantage
EINHdr · item D46-1042540
Principal addressHdr · item CHuntingtn Bch, CA
WebsiteHdr · item Jwww.stemadvantage.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFOct 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Dawn M Digrius’s $40K as Executive Director is at the 3rd percentile of top reported officer pay among 1548 $1–10M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 89%
Other revenue$143K · 11%
Contributions & grants89%$1.1M
Other revenue11%$143K
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.02 Fundraising $0.06
Program services92%$583K
Management & general2%$14K
Fundraising6%$36K
Total functional expensesLn 25$633K

Balance Sheet

Part X · end of year
CashLn 1$568K
Total assetsLn 16$934K
Total liabilitiesLn 26$4K
Total net assetsLn 32$929K
Months of cash on handcomputed10.8

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $568K · Operating expenses (Pt IX) $633K · Less non-cash grants $95K · Cash operating expenses/yr $538K
12.7 months
Where the money goes
Program services
Program services $583K · Total expenses $633K
92%
Management & General
Management & general $14K · Total expenses $633K
2%
Fundraising
Fundraising $36K · Total expenses $633K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $26K · Solicited contributions (3-yr avg) $545K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.3M
89%
Government reliance
Government grants — · Total revenue $1.3M
Earned-income share
Program service revenue $0 · Total revenue $1.3M
0%
Investment reliance
Investment income $0 · Total revenue $1.3M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $633K
0%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $629K
+102%
Net-asset trend (YoY)
End of year $929K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $633K
+50%
Liabilities-to-Assets
Total liabilities — · Total assets $934K
Net-asset ratio
Net assets $929K · Total assets $934K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $934K
0%
People & payroll
Highest Reported Total Compensation
Individual Lee Ann Kline · Reported title President · Highest reported compensation $0 · Total expenses $633K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $148K · Total expenses $633K
23%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 2%
Fundraising cost ratio 3%
Revenue growth 102%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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

Schedule I · received and paid
Grants received · FY2024
See all 12 funders →
Grants paid · 49 grants · $2.2M · 2019–2025
Cal Poly PomonaFY2025$67,500
Csu Los AngelesFY2025$59,250
San Diego State UniversityFY2025$41,000
Csu Long BeachFY2025$39,250
Csu Dominguez HillsFY2025$34,000
Csu San MarcosFY2025$28,750
Csu FullertonFY2025$23,000
Csu NorthridgeFY2025$20,250
Csu Long BeachFY2024$87,500
Cal Poly PomonaFY2024$87,500
San Diego State UniversityFY2024$73,750
Csu Los AngelesFY2024$72,500
Csu Dominguez HillsFY2024$53,750
Csu San MarcosFY2024$43,750
Csu FullertonFY2024$38,750
Csu NorthridgeFY2024$26,250
Csu Long BeachFY2023$113,750
Csu Los AngelesFY2023$87,500
See all 49 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.6M revenue · ⤓ 990 PDF
FY2024$716K revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$1.3M revenue · viewing · ⤓ 990 PDF
FY2021$629K revenue · ⤓ 990 PDF
FY2020$266K revenue · ⤓ 990 PDF
FY2019$291K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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