Asteam Village INC

Tax-deductible

Kansas City, MO501(c)(3)EducationEIN 46-5023913Revenue $726K in FY2024

On file with the IRS4741 Central St 504, 64112-1533 · Kansas City, MOTax-exempt since Nov 2014Publicly supported charity — 170(b)(1)(A)(vi)

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Asteam Village focuses on engaging students, families, and educators in science, technology, engineering, arts and math (steam) pathways to facilitate carerre and education readiness for participation in the 21st century economies of today and tomorrow

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 27 volunteers and 19 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $14K a year · 3% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$178K
to officers and key staff · 23% of spending
Top officer’s pay higher than 77% of similar orgs
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $85K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$207K
150% of total assets
Concern: liabilities are 150% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 11 voting members
Worth a look: 5 of 11 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$726K
+59% vs prior year
Spent
$759K
To programs
74%
Net assets
−$69K
By yearFY2020–FY2024
Revenue
$726K
FY2024▲ +59%
Tap a bar for its year
Revenue by fiscal year
FY2020$312K
FY2021$847K
FY2022$425K
FY2023$456K
FY2024$726K
Expenses
$759K
FY2024▲ +37%
Tap a bar for its year
Expenses by fiscal year
FY2020$328K
FY2021$443K
FY2022$748K
FY2023$556K
FY2024$759K
Net assets
−$69K
FY2024▼ -96%
Tap a bar for its year
Net assets by fiscal year
FY2020−$15K
FY2021$389K
FY2022$66K
FY2023−$35K
FY2024−$69K

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $561K Management & general 20% · $152K Fundraising 6% · $46K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $178K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$88,867Pt VII · Sec A
Executive Director
$88,867Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Governance Committee Chair
$0Pt VII · Sec A
Fund Development Committee Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

William Wells JR’s $89K as Executive Director is at the 77th percentile of top reported officer pay among 1613 $100K–1M education 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.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
William Wells JR$88,867$79,310$77,121$78,648$45,110
Chester Thompson——$7,000$10,000—

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II5 listed

Programs and updates

Engages students, families, and educators in STEAM pathways for career and education readiness.

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Provided by the organization

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2 programs · $1.1M · in their own filed words · FY2024
01

Asteam village received the broadband communities cornerstone award for our student-led community broadband networks. Students learned how to design and build I.T. Infrastructure networks installed 18.000 FT of cable, installed 40 security cameras, and 30 wifi access points.

$561Kprogram expense
02

Asteam village received the broadband communities cornerstone award for our student-led community broadband networks. Students learned how to design and build I.T. Infrastructure networks installed 18.000 FT of cable, installed 40 security cameras, and 30 wifi access points.

$561Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$85K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$726K
Ln 12
Fees for servicesLn 2g$433K
Gifts and grantsLn 1h$277K
Other incomeLn 4–11$16K
Money outPt IX
$759K
Ln 25
Programscol B$561K
Managementcol C$152K
Fundraisingcol D$46K
Owns and owesPt X
−$69K
net assets · Ln 32
Cash and savingsLn 1–2$23K
Total assetsLn 16$138K
LiabilitiesLn 26$207K
PeoplePt VI, VII
24
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$277K
Government grantsLn 1e$81K
Fees for servicesLn 2g$433K
Other incomeLn 4–11$16K
Total revenueLn 12$726K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$23K
Total assetsLn 16$138K
LiabilitiesLn 26$207K
Net assetsLn 32−$69K
OperationsPt I, VI
EmployeesI 519
VolunteersI 627
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $726K$759K−$34K−$69K 990 PDF
FY2023 $456K$556K−$101K−$35K 990 PDF
FY2022 $425K$748K−$324K$66K 990 PDF
FY2021 $847K$443K$404K$389K 990 PDF
FY2020 $312K$328K−$16K−$15K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (1 part)
Part VI · Governance 5 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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