Stem Matrix

Nonprofit profile at a glance

EIN
810772657
IRS 990-EZ coverage
2017–2019
Forms available
Form 990-EZ 2019
Location
Deerfield, IL, USA
Phone
8473233323
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$38,000
Expenses
$25,076
Assets
$15,205

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • GERALD WALANKA (PRESIDENT)

People named in this filing

  • GERALD WALANKA (PRESIDENT)
  • DR NORMAN DELTCH (SECRETARY/TREASURER)
  • CONGRESSMAN DANNY DAVIS (DIRECTOR)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Implement the Stem Matrix Program in Schools and school districts in illinois. This program is an inquiry based learning and teaching program for 4th and 5th grade students in science, technology engineering and math

What it reported doing in 2019

Trained children in 5 different elementary schools in Racine Wisconsin School District during the 2019 school year.via Stem hands-on classroom based stem education classes led by college aged Stem Mentors.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
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

MIXED - The filed numbers largely add up and revenue has grown recently. 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: 40
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 33.9%; rating input score 34
  • Program expense ratio: 51.4%; rating input score 51

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 34%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 0.61; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -98.4% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: 46.3% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 113.8% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 33.9% of revenue deployed · 51.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2017 to 2019
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
  • Review — Financial Efficiency: Program expense ratio scored 51/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.