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Stem Advantage

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461042540 ✦ Huntington beach, CA ✦ Designated as a 501(c)(3)

Overview

What is Stem Advantage?

Stem Advantage is a nonprofit organization situated in Huntington Beach, California, with a mission to bridge the gap between opportunity and talent in the STEM field. They primarily focus on supporting low-income, first-generation college students, predominantly women and individuals from underrepresented communities, who are pursuing STEM degrees at California State University (CSU) campuses in Southern California, the greater Los Angeles region, Orange County, and San Diego. These institutions are recognized as Hispanic-Serving Institutions (HSIs). The organization offers a comprehensive program, including paid internships, mentorships, scholarships, professional development, and community engagement. Its goal is to advance equity in education and workforce development, providing economic and social mobility to underprivileged groups while also offering businesses a diverse pool of talented individuals to fill their workforce needs. With a strong focus on graduation rates, Stem Advantage boasts a 100% graduation rate for its scholars, with an average starting salary of $75,000 upon graduation. The organization has awarded over $1.9 million in scholarships, helping students graduate with reduced debt. In Fall 2021, Stem Advantage launched a Freshmen STEM Career Pathways program to engage first-year college students, particularly women, Black, and Latinx students, and motivate them to persist in STEM majors. In 2021, Stem Advantage received recognition as the Diversity, Inclusion + Equity Nonprofit of the Year by the Los Angeles Business Journal. Website: www.stemadvantage.org. Word count: 118.


Official website here: www.stemadvantage.org

Is Stem Advantage legitimate?

Stem Advantage is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stem Advantage submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,447

For more financial information, click here


Official website here: www.stemadvantage.org

What is the mission statement of Stem Advantage?

Stem Advantage's mission is centered around bridging the gap between equal talent distribution and unequal opportunities, particularly in the fields of science, technology, engineering, and math (STEM). They achieve this by mentoring, preparing, and inspiring women and underserved communities to pursue careers in STEM. This is done through various means such as paid internships, one-to-one mentoring, scholarships, professional development, and community engagement. The organization is committed to advancing equity through education and workforce development. By doing so, Stem Advantage aims to provide economic and social mobility to underrepresented groups while offering businesses a diverse and vetted talent pool to meet their workforce needs. In 2021, Stem Advantage was recognized as the Diversity, Inclusion + Equity Nonprofit of the Year by the Los Angeles Business Journal.


Official website here: www.stemadvantage.org

Who is the CEO of Stem Advantage?

Lee Ann Kline is the President of Stem Advantage.


Official website here: www.stemadvantage.org

What is the revenue of Stem Advantage?

Stem Advantage's revenue in 2022 was $1,267,928.


Official website here: www.stemadvantage.org

Who are the executives of Stem Advantage and what are their salaries?

Here are 13 key members and their salaries:

    Lee Ann Kline (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Mckenzie (Vice-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maben Jimenez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raquel Marquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Phelps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Buckholtz (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • T Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina Shareef (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brandon Reilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arlene Semwezi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Hildebrandt (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Yamane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.stemadvantage.org

    Where can I find the form 990 for Stem Advantage?

    The Stem Advantage’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.stemadvantage.org

    Learn more at the official website: www.stemadvantage.org

    Mission Statement of Stem Advantage

    Stem Advantage, a renowned nonprofit organization, is committed to bridging the gap between talent and opportunity, particularly in the fields of science, technology, engineering, and mathematics (STEM). Their mission is multifaceted, involving the mentorship, preparation, and inspiration of women and underserved communities to pursue careers in these sectors. They accomplish this through various initiatives such as paid internships, one-on-one mentorship, scholarships, professional and career development programs, and community engagement.

    By advancing equity through education and workforce development, Stem Advantage aims to provide economic and social mobility to underrepresented groups. Simultaneously, they serve as a reliable source of a diverse talent pool, supplying businesses with the skilled workforce they require to meet their workforce needs. In 2021, the Los Angeles Business Journal recognized Stem Advantage with the Diversity, Inclusion + Equity Nonprofit of the Year award, acknowledging their significant contributions in promoting equity and opportunity in the STEM field.

    Impact

    This information is meant to be a general summary of Stem Advantage. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    STEM Advantage's impact is profound as it levels the playing field for talented individuals who may have limited access to networks, employment opportunities, and economic mobility. By empowering mostly low-income, first-generation college students with resources like paid internships, scholarships, mentors, and professional development, STEM Advantage is not only helping these individuals succeed in STEM fields but also addressing gender and racial wealth gaps. With a 100% graduation rate and an average starting salary of $75,000, the program is providing a sustainable middle-class living wage to its graduates while also creating a diverse pipeline of talent for businesses. Additionally, by supporting alumni beyond graduation and encouraging them to Pay It Forward as mentors and role models, STEM Advantage is fostering a community that excites young individuals about STEM and paves the way for future success.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $1,309,006

    • Assets and Liabilities:
  • Total Assets: $933,562
  • Total Liabilities: $4,391
  • Net Assets: $929,171
  • Organization Details

    Founding Year

    2012

    Principal Officer

    Lee Ann Kline

    Main Address

    117 22nd Street, Huntington Beach, CA, 92648

    NTEE Category

    Code: O50 - Youth development

    If you are a representative of Stem Advantage and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.