Starbase Minnesota Inc

What it reported doing in 2024

Starbase Minnesota, inc. Is a dedicated stem education non-profit, partnering with the department of defense, Minnesota air national guard, corporations, and community organizations. Their central aim is to ignite curiosity and empower youth in the fields of science, technology, engineering, and math (stem). The cornerstone of their efforts is the dod starbase program-a 20-25 hour immersive onsite stem experience. Students step into the vibrant, technology-rich environments at the Minnesota air national guard bases: the 133rd airlift wing in st. Paul and the 148th fighter wing in duluth. Here, learning unfolds in ways that are both exciting and hands-on.alongside onsite programs, starbase continued to expand its reach throughout Minnesota. Through its stem kit initiative, the organization provided stem kits and curriculum to more than 31,000 5th grade students and their teachers in 392 schools across the state in fy25. In st. Paul and duluth, starbase served a combined total of 6,698 students through five-day school year and summer onsite programs. Meanwhile, the starbase destination mars stem kits extended learning to an additional 35,000 students and their educators across Minnesota.the impact of starbase programs is evident in the outcomes. Among students, 93% demonstrated improved stem knowledge and skills, with a remarkable 32 percentage point gain from pre- to post-test. 95% reported that starbase made learning fun, 99% discovered new things, and 90% felt an increased interest in stem fields. Most expressed a desire to pursue a stem career.in duluth, 94% of students increased their stem knowledge and skills, achieving a 21.5% average improvement from pre- to post-test. 97% found the program enjoyable, 75% reported greater interest in stem, and the majority indicated an interest in stem careers.teachers, too, experienced significant benefits. Between 92-99% reported gains in stem knowledge and teaching strategies, 99-100% rated the starbase programs as excellent or very good, and 100% expressed a desire to return.beyond students and teachers, starbase also engaged a combined total of 421 educators who participated in onsite programs for 6,875 hours. The programs further benefited from the contributions of 989 military, corporate, and community volunteers, who together donated over 5,184 hours to starbase efforts.the story of starbase Minnesota, inc. Is one of collaboration, innovation, and measurable impact-a tale of inspiring the next generation of stem leaders across the state.

Financial Efficiency

• Mission deployment rate: 89.8%; rating input score 90
• Program expense ratio: 94.3%; rating input score 94
• Fundraising efficiency: $388.07 raised per $1 spent on fundraising; rating input score 95; 95th 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: 100%; rating input score 100; 72nd percentile among comparable filings
• 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: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 4.8%; rating input score 50; 50th percentile among comparable filings
• Total-asset coverage ratio: 0.58; rating input score 21; 21st percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 85; 85th percentile among comparable filings
• Officer compensation ratio: 4.5%; rating input score 58; 58th percentile among comparable filings

Growth

• Program expense growth: 5.8% per year; rating input score 100; 44th percentile among comparable filings
• Revenue growth: 6% per year; rating input score 100; 48th percentile among comparable filings
• Asset growth: 1.5% per year; rating input score 100; 18th percentile among comparable filings