Southern Tier Technology Student Scholarship Association Inc
Nonprofit profile at a glance
- EIN
- 161069360
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2014
- Location
- Endwell, NY, USA
- Phone
- 6077252133
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $18,762
- Expenses
- $19,377
- Assets
- $303,903
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- NATHANIEL BROWN (PRESIDENT)
- MICHAEL RAMSDEN (VICE PRESIDENT)
People named in this filing
- NATHANIEL BROWN (PRESIDENT)
- MICHAEL RAMSDEN (VICE PRESIDENT)
- KEITH SMITH (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
Closer unity between area association members. Institute a program of inter-school technology and engineering education activities. Maintain affiliations with state, national, and international technology and engineering education organizations (nysteea and iteea). Improve the status of technology and engineering education in the region 43 area (broome, chenango, and tioga counties). Recognize and reward the achievements of both professionals and pupils within the field of technology and engineering education. Encourage the development ofleadership among technology and engineering teachers by providing a means through which individuals' contributions in research, service and leadership may be both recognized and rewarded.
What it reported doing in 2024
Recognize and reward the achievements of both professionals and pupils within the field of technology and engineering education. Encourage the development of leadership among technology and engineering teachers by providing a means through which individuals' contributions in research, service and leadership may be both recognized and rewarded.
Operating model
- Revenue model
- Investment-supported. 99% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and total assets are large relative to annual expenses, but may not be spendable cash. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 82
- Sustainability: 61
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 56.7%; rating input score 57
- Program expense ratio: 54.2%; rating input score 54
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.3%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 15.68; rating input score 95; 95th 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: 32% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: -62.3% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: 15.5% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 56.7% of revenue deployed · 54.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 39/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.