Provides teachers with STEM equipment, programs, and support to boost student success.
For fiscal year 2024 it reported $993K in revenue, $848K in expenses, and $606K in net assets.Pt I
Where the money goes · FY2024
Total revenue
$993K
Pt VIII · Ln 12
Total expenses
$848K
Pt IX · Ln 25
Net assets
$606K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $145K
Where spending went · Part IX cols B–D
76%
22%
Program services $0.76 Management & general $0.22 Fundraising $0.03
Program efficiency
76%
of spending reaches programs
Operating runway
6.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+15%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$993K
FY2024▲ +59%
$993K$497K$0
FY2022FY2025
Expenses
$848K
FY2024▲ +54%
$1.1M$568K$0
FY2022FY2025
Total assets
$650K
FY2024▲ +55%
$650K$325K$0
FY2022FY2025
Total liabilities
$44K
FY2024▲ +9%
$49K$25K$0
FY2022FY2025
Total revenue
$993K
Pt VIII · Ln 12
Total expenses
$848K
Pt IX · Ln 25
Net assets
$606K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$145K
Total assetsPt X · Ln 16$650K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III
Where the work happens
3 program services account for $439K of program spending, described in the organization's own filed words · FY2023.
01
Equipment lending co-op library of science and stem equipment for teachers to borrow. The program benefits 350 teachers and 17,000 students.
$179Kprogram expense
02
Service learning program connecting teachers with classroom grants to create hands-on service learning projects with their students. The program benefits 45 teachers and 1,400 students.
$150Kprogram expense
03
Edopportunities database creating a dynamic listing of opportunities offered to schools teachers and students across the greater new orleans region. The program benefits over 350 nonprofits and over 8000 teachers and students
Todd Wackerman’s $60K as Executive Director
is at the 50th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 1 named individual · Part VII
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.
Individual Todd Wackerman · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $60K · Total expenses $848K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $433K · Total expenses $848K
51%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
76%
—
—
Overhead ratio
22%
—
—
Fundraising cost ratio
3%
—
—
Revenue growth
59%
—
—
Legal fee ratio
1%
—
—
Accounting 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.
Want to add your own materials alongside these filings? Claim this org
Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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