Stempower, INC.'s mission is to provide pre-university students the opportunity to solve societal problems, strength nations and implement empowerment through the use of stem education. Stempower, INC provides hands-on lab-based stem education emphasizes real-world problem-solving, creativity, and skill-building empowering youth to engineer their homeland away from stubborn poverty. As well as, engineering skills complete a country's production value chain leading to more exports, less imports, and reduced dependency. Lastly, enhances education, competency, innovation, and careers on a national scale that "lifts all boats."

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2023 · Form 990-PFIndependent: 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-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $38K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $64K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$15K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
-6% vs prior year
Spent
$2.3M
Net assets
$188K
By yearFY2020–FY2024
Revenue
$2.3M
FY2023▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$3.0M
FY2022$2.5M
FY2023$2.3M
FY2024$2.1M
Expenses
$2.3M
FY2023▼ -25%
Tap a bar for its year
Expenses by fiscal year
FY2020$830K
FY2021$2.9M
FY2022$3.1M
FY2023$2.3M
FY2024$2.1M
Net assets
$188K
FY2023▼ -7%
Tap a bar for its year
Net assets by fiscal year
FY2020$937K
FY2021$1.2M
FY2022$202K
FY2023$188K
FY2024$144K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2019.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 96% · $2.3M Operating & administrative 4% · $90K

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

14 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Treasurer/CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer/CFO
$0Pt VII · Sec A

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

NameFY2021FY2020
Kidist Gebreamlak—$149,200
Kidist Gebreamlak Thru Aug 2021$95,384—

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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Programs and updates

Empowers students with STEM education to solve real-world problems and strengthen their communities.

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Provided by the organization

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2 programs · $5.2M · in their own filed words · FY2022
01

To provide a higher level of science, technology, engineering, and math education through the use of hands on training on lab equipment to pre-university students.

$3.0Mprogram expense
02

To provide a higher level of science, technology, engineering, and math education through the use of hands on training on lab equipment to pre-university students.

$2.2Mprogram expense

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 13 grants · $2.0M · 2024–2024
Individual RecipientFY2024$716,035
Individual RecipientFY2024$671,697
Individual RecipientFY2024$345,128
Individual RecipientFY2024$220,095
Abayidaya Mens Club Association UgandaFY2024$23,756
Individual RecipientFY2024$7,600
Ripples of Change FoundationFY2024$7,370
Jewel Starfish FoundationFY2024$7,000
Individual RecipientFY2024$5,593
University of EswatiniFY2024$4,700
Covenant Hope CollegeFY2024$3,000
Individual RecipientFY2024$1,485
Individual RecipientFY2024$1,335

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$155K
Median grantPart XV$7K
Largest grantPart XV$716K

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$2.3M
Gifts and grants$2.3M
Money out
$2.3M
Grants paid$2.3M
Running costs$90K
Owns and owes
$188K
net assets
Cash and savings$203K
Total assets$203K
Liabilities$15K
People
14
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$2.3M
Total revenue$2.3M
Assets in detailEnd of year
Cash and savings together$203K
Total assets$203K
Liabilities$15K
Net assets$188K
Operations
Employees3
Volunteers15
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.1M$2.1M−$43K$144K 990 PDF
FY2023 Viewing $2.3M$2.3M−$14K$188K 990 PDF
FY2022 $2.5M$3.1M−$654K$202K 990 PDF
FY2021 $3.0M$2.9M$184K$1.2M 990 PDF
FY2020 $1.5M$830K$718K$937K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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