STEM PREPARATORY ACADEMY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- STEM PREPARATORY ACADEMY (EIN 27-2163445)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-15
- IRS object ID
- 201243209349302469
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-15T11:32:44-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621336737 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROSSLIN & ASSOCIATES PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2525 WEST END AVE SUITE 1100 | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37203 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 272163445 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEM PREPARATORY ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | STEM | NameControl |
| Phone | 6159212200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3748 NOLENSVILLE PIKE | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37211 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KRISTIN MCGRANEREXECUTIVE DIRECTOR | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 6159212204 | Phone |
| Date Signed | 2012-11-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | J SCOTT TOMICHEK | Name |
| PTIN | P01390465 | PTIN |
| Phone | 6153205500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DR KRISTIN MCGRANER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3748 NOLENSVILLE PIKE | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37211 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1359432 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.STEMPREPACADEMY.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2010 | YearFormation |
| State Legal Domicile | TN | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE A COLLEGE PREPARATORY EDUCATION WITH AN INTEGRATED FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS, TO FIFTH THROUGH EIGHTH GRADE STUDENTS IN SOUTH NASHVILLE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 11 | TotalNbrEmployees |
| Total Nbr Volunteers | 30 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 234096 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1338683 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 12164 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 0 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 8585 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 234096 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1359432 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 30054 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 647892 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4475 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 181937 | OtherExpensePriorYear |
| Other Expenses Current Year | 520892 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 211991 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1168784 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 22105 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 190648 | RevenuesLessExpensesCY |
| Total Assets BOY | 102161 | TotalAssetsBOY |
| Total Assets EOY | 298057 | TotalAssetsEOY |
| Total Liabilities BOY | 71372 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 52839 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 30789 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 245218 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROVIDE A COLLEGE PREPARATORY EDUCATION WITH AN INTEGRATED FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS, TO FIFTH THROUGH EIGHTH GRADE STUDENTS IN SOUTH NASHVILLE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 842818 | Expense |
| Grants | 0 | Grants |
| Revenue | 20749 | Revenue |
| Description | IN JULY OF 2011, STEM PREPARATORY ACADEMY ("STEM") OPENED ITS DOORS TO ITS INAUGURAL CLASS OF 114 FIFTH GRADE STUDENTS. STEM PREP IS A COLLEGE PREP MIDDLE SCHOOL SPECIALIZING IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. THE STEM EDUCATIONAL MODEL IS DESIGNED TO ENSURE STUDENTS MASTER BASIC LITERACY AND MATHEMATICS SKILLS; STRENGTHEN CRITICAL-THINKING SKILLS; RIGOROUSLY PREPARE FOR HIGH SCHOOL AND COLLEGE; AND ENGAGE AND LEAD PEERS IN LEARNING AND ACTIVE CITIZENSHIP. IN ITS FIRST YEAR OF OPERATION, STEM OUTPERFORMED PEERS IN MATCHED SCHOOLS, BOTH LOCALLY AND STATEWIDE, IN ALL SUBJECT AREAS. ON THE 2012 TENNESSEE COMPREHENSIVE ASSESSMENT PROGRAM (TCAP) TEST, STUDENTS DEMONSTRATED SIGNIFICANT GROWTH IN GROWTH AND PROFICIENCY AND RANKED #1 AMONG ALL MNPS PUBLIC MIDDLE SCHOOLS IN MATH AND #2 IN READING. ADDITIONALLY, AMONG ALL TENNESSEE CHARTER SCHOOLS, STEM RANKED 3RD IN READING GROWTH (INCREASING FROM 32% TO 53% PROFICIENCY) AND 5TH IN MATH GROWTH (INCREASING FROM 32% TO 53% PROFICIENCY) AS MEASURED BY THE TENNESSEE VALUE ADDED ASSESSMENT SYSTEM (PER STANFORD UNIVERSITY'S CENTER FOR RESEARCH ON EDUCATION OUTCOMES). THIS GROWTH SIGNIFICANTLY EXCEEDED THE DISTRICT AND STATE AVERAGES.AS ACKNOWLEDGMENT OF OUTSTANDING STUDENT PERFORMANCE, STEM PREPARATORY RECEIVED TWO AWARDS FROM THE TENNESSEE CHARTER SCHOOL ASSOCIATION IN MAY 2012: MIDDLE SCHOOL TEACHER OF THE YEAR AND INNOVATIVE SCHOOL OF THE YEAR FINALIST. ADDITIONALLY, IN OCTOBER 2012, STEM PREPARATORY ACADEMY'S FOUNDER, DR. KRISTIN MCGRANER, RECEIVED THE NASHVILLE TECHNOLOGY COUNCIL'S EDUCATOR OF THE YEAR AWARD. FOR MORE INFORMATION REGARDING STEM'S 2012 ACADEMIC ACCOMPLISHMENTS, PLEASE CONTACT STEM'S DIRECTOR, DR. KRISTIN MCGRANER, AT THE ADDRESS OR TELEPHONE NUMBER STATED ON PAGE 1 OF THE FORM 990. | Description |
| Total Program Service Expense | 842818 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 2 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 11 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | TN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CFO BUSINESS STRATEGIES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6155911381 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 CORPORATE CENTRE DRIVE STE 350 | AddressLine1 |
| City | FRANKLIN | City |
| State | TN | State |
| ZIP Code | 37067 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| DR LESLIE WISNER-LYNCH | ||||||
| CHAIRWOMAN | 2.00 | X | X | 0 | 0 | 0 |
| DRS KEITH HARGROVE | ||||||
| VICE CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 |
| JOSEPH DICKSON | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| KIM THOMASON | ||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| THE HONORABLE VIRGINIA LODGE | ||||||
| BOARD DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| STEPHEN BUTLER | ||||||
| BOARD DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ANU PARDESHI | ||||||
| BOARD DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| DR KRISTIN L MCGRANER | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 55385 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 55385 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| METRO NASHVILLE PUBLIC SCHOOLS - ERER B | |||||
| 2601 BRANSFORD AVENUE | NASHVILLE | TN | 37204 | EMPLOYEE RESOURCES | 115925 |
| GRAY LINE TENNESSEE | |||||
| 2416 MUSIC VALLEY DRIVE STE 102 | NASHVILLE | TN | 37214 | BUS TRANSPORTATION | 109250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Government Grants | 1324549 | GovernmentGrants |
| All Other Contributions | 14134 | AllOtherContributions |
| Total Contributions | 1338683 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PROGRAM SERVICE FEES | 611110 | 9528 | 9528 |
| SCHOOL LUNCH PROGRAM | 722210 | 2636 | 2636 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 12164 | TotalProgramServiceRevenue |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 8585 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8585 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 8585 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1359432 | TotalRevenueColumn |
| Related Or Exempt Function Income | 20749 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 89615 | Total |
| Program Services | 61347 | ProgramServices |
| Management And General | 28268 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 429474 | Total |
| Program Services | 294002 | ProgramServices |
| Management And General | 135472 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38630 | Total |
| Program Services | 26445 | ProgramServices |
| Management And General | 12185 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50654 | Total |
| Program Services | 34676 | ProgramServices |
| Management And General | 15978 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39519 | Total |
| Program Services | 27053 | ProgramServices |
| Management And General | 12466 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27941 | Total |
| Management And General | 27941 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15934 | Total |
| Program Services | 10200 | ProgramServices |
| Management And General | 5734 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17877 | Total |
| Management And General | 13402 | ManagementAndGeneral |
| Fundraising | 4475 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67712 | Total |
| Program Services | 34338 | ProgramServices |
| Management And General | 33374 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3764 | Total |
| Management And General | 3764 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 121178 | Total |
| Program Services | 96942 | ProgramServices |
| Management And General | 24236 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7703 | Total |
| Program Services | 7379 | ProgramServices |
| Management And General | 324 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3082 | Total |
| Management And General | 3082 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21614 | Total |
| Program Services | 17291 | ProgramServices |
| Management And General | 4323 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4500 | Total |
| Program Services | 3600 | ProgramServices |
| Management And General | 900 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| INSTRUCTIONAL | 122264 | 122264 | |
| TRANSPORTATION | 107281 | 107281 | |
| TAXES & LICENSES | 42 | 42 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1168784 | Total |
| Program Services | 842818 | ProgramServices |
| Management And General | 321491 | ManagementAndGeneral |
| Fundraising | 4475 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85588 | BOY |
| EOY | 156172 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5261 | BOY |
| EOY | 27385 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11312 | BOY |
| EOY | 19019 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 117626 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 22145 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 95481 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102161 | BOY |
| EOY | 298057 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71372 | BOY |
| EOY | 52839 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71372 | BOY |
| EOY | 52839 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30789 | BOY |
| EOY | 239504 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 5714 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30789 | BOY |
| EOY | 245218 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102161 | BOY |
| EOY | 298057 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 190648 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 23781 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| General Explanation | SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: STEM PREPARATORY ACADEMY RECEIVED A PUBLIC CHARITY STATUS UNDER SECTION 170(B)(1)(A)(IV) ESTABLISHING THEM AS PUBLIC CHARITY. HOWEVER, STEM IS A SCHOOL WHOSE PRIMARY FUNCTION IS THE PRESENTATION OF FORMAL INSTRUCTION, WHICH REGULARLY HAS A FACULTY, A CURRICULUM, AN ENROLLED BODY OF STUDENTS, AND A PLACE WHERE EDUCATIONAL ACTIVITIES ARE REGULARLY CONDUCTED. THUS, OUR PRIMARY PURPOSE IS THAT OF A SCHOOL WHICH IS CLASSIFIED UNDER SECTION 170(B)(1)(A)(II). THIS DIFFERENTIATION HAS BEEN STATED, AS ALLOWED, IN ORDER TO FULFILL THE REPORTING REQUIREMENTS OF OUR CONTRIBUTIONS ON SCHEDULE B OF THE FORM 990. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 29707 | OtherCostOrOtherBasis |
| Depreciation | 6887 | Depreciation |
| Book Value | 22820 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 87919 | OtherCostOrOtherBasis |
| Depreciation | 15258 | Depreciation |
| Book Value | 72661 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 95481 | TotalOfBookValueLandBuildings |
| Total Revenue | 1359432 | TotalRevenue |
| Total Expenses | 1168784 | TotalExpenses |
| Excess Or Deficit For Year | 190648 | ExcessOrDeficitForYear |
| Prior Period Adjustments | 23781 | PriorPeriodAdjustments |
| Total Adjustments | 23781 | TotalAdjustments |
| Excess Or Deficit Per FS | 214429 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1359432 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 1359432 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1359432 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1168784 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1168784 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1168784 | TotalExpensesPerForm990 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | ALL POLICIES ARE INCLUDED IN ALL ENROLLMENT AND REGISTRATION DOCUMENTS AND MATERIALS |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | STEM PREPARATORY ACADEMY IS A PUBLIC CHARTER SCHOOL. AS SUCH, STEM RECEIVES LOCAL, STATE, AND FEDERAL FINANCIAL ASSISTANCE IN THE SAME MANNER AS A TRADITIONAL PUBLIC SCHOOL. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | STEM'S FINANCE COMMITTEE AND BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FORM 990 FOR COMMENT AND REVIEW. UPON APPROVAL, THE FORM 990 IS RELEASED FOR FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY FORMS ARE SUBMITTED TO ALL BOARD MEMBERS ON AN ANNUAL BASIS. FORMS ARE COMPLETED AND SIGNED EACH YEAR BY EACH BOARD MEMBER. THE BOARD CONVENES EVERY MONTH, AT WHICH TIME ANY CONFLICTS OF INTEREST ARE ADDRESSED. ANY BOARD MEMBER WHO IS SUBJECT TO A CONFLICT OF INTEREST IS REQUIRED TO ABSTAIN FROM VOTING ON THE MATTER FROM WHICH THE CONFLICT ARISES. | |
| FORM 990, PART VI, SECTION B, LINE 15 | INDEPENDENT BOARD MEMBERS DETERMINE MANAGEMENT, OFFICER, AND KEY EMPLOYEES COMPENSATION. COMPENSATION IS BASED ON INDUSTRY STANDARD AND NEGOTIATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ORGANIZATION DOCUMENTS CAN BE OBTAINED BY CONTACTING THE DIRECTOR OF OPERATIONS AT STEM PREPARATORY ACADEMY. | |
| FORM 990, PART XI, LINE 5: | PRIOR PERIOD ADJUSTMENT 23,781. TOTAL TO FORM 990, PART XI, LINE 5: 23,781. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990,PAGE 12,PART XII,LINE 2D: CHANGE IN OVERSIGHT OR SELECTION PROCESS | THERE WAS NO CHANGE IN THE COMPANIES OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. | |
| FORM 990,PAGE 12,PART XI,LINE 5:OTHER CHANGES IN NET ASSETS OR FUND BALANCE | THE AUDIT FOR FISCAL YEAR ENDING JUNE 30, 2012 RESULTED IN TWO ADJUSTMENTS FOR FISCAL YEARS JUNE 30, 2011 AND JUNE 30, 2012, INCREASING THE NET FUND BALANCE BY $23,781. |