STEM Next Opportunity Fund
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
STEM Next Opportunity Fund meets the 20 Standards for Charity Accountability.
Stated Purpose:
Making out-of-school STEM opportunities a reality for millions of young people to help them thrive in STEM and beyond.
Year, State Incorporated:
2016, CA
STEM Next is a national nonprofit, partnering with networks and local programs that serve thousands of American communities.
We have 25 years of experience and a proven track record of scaling impactful, inclusive programs for underserved youth. Our goal is to make high-quality STEM learning widely available to kids and teens by bringing together partners, sharing best practices for what works, and tracking and growing progress.
For the year ended December 31, 2023, STEM Next Opportunity Fund's program expenses were:
| Program services | $12,984,919 |
| Total Program Expenses | $12,984,919 |
Chief Executive
Ron Ottinger, Executive Director
Chair of the Board
Ms. Gwynn Hughes, Board Chairperson
Chair's Profession / Business Affiliation
Board Size
5
Paid Staff Size
28
Method(s) Used:
Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on STEM Next Opportunity Fund's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Grant revenue, net | $6,848,070 |
| Contributions | $754,075 |
| Investment income, net | $393,727 |
| Program fiscal sponsorship | $57,429 |
| Federal contract | $31,823 |
| Total Income | $8,085,124 |
Programs: 91% Fundraising: 4% Administrative: 5%
| Total Income | $8,085,124 |
| Total expenses: | $14,253,139 |
| Program expenses | $12,984,919 |
| Fundraising expenses | $613,889 |
| Administrative expenses | $654,331 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-6,168,015 |
| Beginning Net Assets | $10,387,157 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $4,219,142 |
| Total Liabilities | $1,942,257 |
| Total Assets | $3,615,697 |
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
Better Business Bureau Serving the Pacific Southwest