Stem to the Future EIN 82-1966013

Stem to the Future

EIN  82-1966013 Public charity (501(c)(3)) Los Angeles, CA Founded 2018
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Size
$1–10M
What they do
Offers STEM and art education to students, plus related charitable activities.
Leadership
Jacob Adams · Executive Dir. · $124K
Money in and out
$1.0M revenue, $1.3M expenses
Bottom line
55% program efficiency

Offers STEM and art education to students, plus related charitable activities. For fiscal year 2024 it reported $1.0M in revenue, $1.3M in expenses, and $418K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$418K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$239K
Where spending went · Part IX cols B–D
Program services $0.55 Management & general $0.30 Fundraising $0.14
Program efficiency
55%
of spending reaches programs▼ -9% vs prior filing year
Operating runway
2.9mo
months of highly liquid reserves at operating expense rate▼ -58% vs prior filing year
Surplus margin
-23%
revenue over expenses, this year▼ -207% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.0M
FY2024▼ -21%
Expenses
$1.3M
FY2024▲ +23%
Total assets
$486K
FY2024▼ -36%
Total liabilities
$68K
FY2024▼ -20%
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$418K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$239K
Total assetsPt X · Ln 16$486K
Program-expense ratioPt IX · col B55%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $709K of program spending, described in the organization's own filed words · FY2024.
01

To provide science, technology, engineering, art, and math-focused educational opportunities to students and to carry on other charitable activities associated with this goal as allowed by law.

$709Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStem to the Future
EINHdr · item D82-1966013
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2018
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFApr 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$123,548Pt VII · Sec A
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
$0Pt VII · Sec A
Corp. Giv. Man.
$0Pt VII · Sec A
$0Pt VII · Sec A
Public Finance
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jacob Adams’s $124K as Executive Dir. is at the 48th percentile of top reported officer pay among 3393 $1–10M 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
Jacob Adams$123,548$95,000$95,000

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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Statement of Revenue

Part VIII
Contributions & grants$772K · 74%
Program service revenue$233K · 22%
Other revenue$40K · 4%
Contributions & grants74%$772K
Program service revenue22%$233K
Other revenue4%$40K
— government grantsLn 1e$95K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.55 Management & general $0.30 Fundraising $0.14
Program services55%$709K
Management & general30%$389K
Fundraising14%$186K
Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year
CashLn 1$306K
Total assetsLn 16$486K
Total liabilitiesLn 26$68K
Total net assetsLn 32$418K
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $306K · Operating expenses/yr $1.3M
2.9 months
Where the money goes
Program services
Program services $709K · Total expenses $1.3M
55%
Management & General
Management & general $389K · Total expenses $1.3M
30%
Fundraising
Fundraising $186K · Total expenses $1.3M
14%
Cost to raise $1
Fundraising expense (3-yr avg) $152K · Solicited contributions (3-yr avg) $661K
$0.23 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $772K · Total revenue $1.0M
74%
Government reliance
Government grants $95K · Total revenue $1.0M
9%
Earned-income share
Program service revenue $233K · Total revenue $1.0M
22%
Investment reliance
Investment income $0 · Total revenue $1.0M
0%
Program self-sufficiency
Program service revenue $233K · Total expenses $1.3M
18%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $1.3M
-21%
Revenue CAGR
FY2020 $318K · FY2024 $1.0M
+35%
Net-asset trend (YoY)
End of year $418K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $1.3M
-23%
Liabilities-to-Assets
Total liabilities — · Total assets $486K
Net-asset ratio
Net assets $418K · Total assets $486K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $486K
0%
People & payroll
Highest Reported Total Compensation
Individual Jacob Adams · Reported title Executive Dir. · Highest reported compensation $124K · Total expenses $1.3M
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $715K · Total expenses $1.3M
56%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 55%
Overhead ratio 30%
Fundraising cost ratio 24%
Revenue growth -21%

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 · funders on record
Grants received · FY2024
See all 8 funders →

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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
FY2024$1.3M revenue · ⤓ 990 PDF
FY2023$819K revenue · ⤓ 990 PDF
FY2022$521K revenue · ⤓ 990 PDF
FY2021$318K revenue · ⤓ 990 PDF

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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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