SConnect
Legal name: SConnect Corporation
Nonprofit profile at a glance
- EIN
- 884367132
- IRS 990 coverage
- 2023–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-N 2022
- Location
- Cupertino, CA, USA
- Phone
- 408-581-2125
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $421,676
- Expenses
- $357,857
- Assets
- $92,663
- Liabilities
- $75,284
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Queenlee Foo (President and CEO)
People named in this filing
- Queenlee Foo (President and CEO)
- Jingna Zhang (CFO and Secretary)
- Kevin Yao (Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
SConnect Corporation exists to provide resources, mentorship, and opportunities to students and young professionals from socioeconomically challenged backgrounds, including those from low-income and immigrant families. Our mission is to connect these individuals to community resources and expertise, recognizing that they are often underserved and deserve equal access to higher education and career advancement. Additionally, we support newly established companies by assisting with travel and other administrative needs, empowering emerging entrepreneurs with the skills and confidence to succeed in their professional journeys.
What it reported doing in 2024
Kennedy Science Olympiad Team Sponsorship and Tournament Support: In 2024, our organization supported 135 students on the Kennedy Science Olympiad teams by covering expenses for coaches, chaperones, travel, accommodations, and competition fees. This sponsorship allowed students from diverse, low-income, and immigrant backgrounds to participate in STEM competitions, developing their skills and interests without financial barriers. The program represented a significant portion of our expenses, including allocations for team coaches, chaperones, and direct costs associated with student participation.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 90
- Accountability: 88
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.8%; rating input score 75
- Program expense ratio: 88.2%; rating input score 88
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 15.1%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.26; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.81; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 42.6% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 62.5% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 11.9% per year; rating input score 100; 71st percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 74.8% of revenue deployed · 88.2% of spending went to programs
- Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $358K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- 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 — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.