Nyc Steam Education Inc

Nonprofit profile at a glance

EIN
823466849
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Astoria, NY, USA
Phone
6468316147
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education

Reported finances

Revenue
$91,845
Expenses
$74,453
Assets
$34,241
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Joel Bianchi (President)
  • Chelsey Roebuck (Vice President)

People named in this filing

  • Joel Bianchi (President)
  • Chelsey Roebuck (Vice President)
  • Faith Bianchi (Secretary-Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A charitable organization with a specific emphasis on the advancement of science, technology, engineering, arts and math education in New York City.

What it reported doing in 2024

NYC STEAM Education facilitated the ETech Chargers FIRST Robotics Team 5298 to attend the Hudson Valley Regional Competition (49 teams) and New York City Regional Competition (53 teams). The ETech Chargers were Hudson Valley Regional winners, and won the Industrial Design Award in New York City. We also raised funds for the ETech Chargers to compete at World Championship in Houston, TX. We also conducted outreach events such as parent workshops, a professional development workshop for a local elementary school, and a Hack-o-Lantern Village showcasing STEM in the school.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 82
  • Sustainability: 57
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73%; rating input score 73
  • Program expense ratio: 90.1%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 18.9%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 31.6% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 12% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: -25.2% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 73% of revenue deployed · 90.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $67K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.