Stemboost Corporation
Nonprofit profile at a glance
- EIN
- 822741857
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- Cupertino, CA, USA
- Phone
- 4088217871
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $191,745
- Expenses
- $264,492
- Assets
- $185,599
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- Queen Lee Foo (Board)
- Seow Yin Lim (Secretary)
- Srinivas Ramachandra (Board 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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
STEMBoost is a 501(c) non-profit organization founded in 2017 by a group of STEM savvy high school students to better educate elementary, middle and high school students in the field of STEM so that they can gain a better understanding of the field and perhaps even seek a career in STEM. STEMBoost continues to support local Science Olympiad teams to ensure performance from year to year and maintain continuity between teams by conducting Science Olympiad Invitationals, assembling materials, knowledge, and experience for the Science Olympiad teams. STEMBoost conducts STEM workshops and engage in various STEM activities to enhance STEM interests in students and the community.
What it reported doing in 2024
Hosting and supervising Science Olympiad Invitationals -Clients served: 2000+ studentsDays active: fall, winter, springNumber of sessions or events held: 2 invitationals, 46 SO events
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 100
- Sustainability: 17
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.7%; rating input score 70
- Program expense ratio: 50.5%; rating input score 50
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -37.9%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 23.2%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 25% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 8.2% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 9.7% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 69.7% of revenue deployed · 50.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $134K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- High — Sustainability: Operating margin scored 3/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 14/100.