Envision Excellence in Stem Education Inc
Nonprofit profile at a glance
- EIN
- 208622102
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Mentor, OH, USA
- Phone
- 2167896754
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education
Reported finances
- Revenue
- $4,225,018
- Expenses
- $4,436,419
- Assets
- $583,253
- Liabilities
- $640,974
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- NICOLE BERLEKAMP (EXECUTIVE DIRECTOR)
Highest reported compensation
- NICOLE BERLEKAMP (EXECUTIVE DIRECTOR): $77,673 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Envision's mission is to support excellence in science, technology, engineering and math (stem) education for all students, pk-20, nationwide, with an emphasis on underserved students in urban centers and rural communitites. Envision achieves this by guiding collaborative design of dynamic solutions to today's education challenges. Envision forges alliances and establishes the type of coalition among national stem operations necessary to connect all of the stem education activities and build a knowledge base from which stem-based institutions may be launched and stem-based curriculums may be introduced into existing institutions.
What it reported doing in 2024
Envision accomplishes its mission by forming key partnerships and collaborations with organizations who have aligned goals. The largest program that envision supports is the stem learning ecosystems - a global community of practice with extensive sharing of resources and expertise among leaders from education, business, and industry, non-profits, philanthropy and others. The 100+ communities selected from across the world have demonstrated cross-sector collaborations to deliver rigorous, effective prek-16 instruction in stem learning. Students connected to ecosystems and the pathways they create are intended to be able to connect what they learn in and out-of-school with real-world learning opportunities. Envision works to host annual convenings and manage the communication and connections between all of the members in this community of practice.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 20
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.4%; rating input score 71
- Program expense ratio: 68%; rating input score 68
- Fundraising efficiency: $18.9 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 1.1; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 1.8%; rating input score 77; 77th percentile among comparable filings
Growth
- Program expense growth: 1% per year; rating input score 100; 17th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: -12% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 71.4% of revenue deployed · 68% of spending went to programs
- Governance: 4 of 4 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $3M in reported program spending
- Leadership: top reported pay $78K · 9 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Fundraising efficiency scored 57/100.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.