EIN 81-4834326

STEM Next Opportunity Fund

IRS 501(c) type
501(c)(3)
Num. employees
23
Year formed
2016
Most recent tax filings
2023-12-01
Description
The STEM Next Opportunity Fund serves as a national leader, strategic guide, policy advocate, and investor to bring about a transformative expansion of high-quality and inclusive STEM learning opportunities for millions of young people. They are dedicated to building inclusion and opportunity for kids of color and girls while closing the gender gap in STEM careers. As a national non-profit organization, they focus on scaling high-quality STEM learning to youth throughout the country.
Total revenues
$7,760,112
2023
Total expenses
$14,283,863
2023
Total assets
$6,161,399
2023
Num. employees
23
2023

Program areas at STEM Next Opportunity Fund

STEM Next Opportunity Fund is a national, non-profit, non-partisan organization dedicated to scaling high-quality STEM (Science, Technology, Engineering, & Math) learning to millions of youth with a particular focus on kids of color, girls and youth in under-resourced communities. Our mission is expanding exceptional STEM learning opportunities outside the classroom for all children everywhere. Through STEM learning in afterschool and summer, STEM Next creates pathways to economic opportunity and fuels innovation.STEM learning beyond the classroom inspires youth and prepares them for future success in STEM as well as many other fields. Outside the structured school day, hands-on STEM learning provides a fertile environment to experiment, build confidence and develop life skills like critical thinking, collaboration, perseverance, creativity and communication. Despite this power and potential, STEM learning in afterschool and summer is underutilized and under-prioritized across the U.S a critical issue STEM Next is working to solve as a national nonprofit.What We DoSTEM Next brings together a diversity of partners and leads synchronized efforts to achieve our common goal of equity in STEM. By leveraging partnerships, STEM Next mobilizes funding and accelerates what works to reach the 10 million young people served in more than 100,000 local afterschool and summer programs across all 50 states. For youth, our work increases STEM access, interest, identity, and career knowledge. Our three big strategic initiatives to Engage Learners Everywhere are: - Growing STEM Leaders: Raising awareness, building skills & connecting problem-solvers across communities- Advancing Policy & Research: Powering lasting change in STEM learning by putting ideas into action- Leading Moonshot Bets: Local, regional & national challenges that create seismic STEM learning shifts for youth & educatorsEvery $1 invested in STEM Next Opportunity Fund programs: - Enables more youth to build, invent and discover every afternoon.- Sparks summer STEAM learning opportunities for youth.- Brings STEAM opportunities to more families and communities across the U.S.Nationally and locally, our programs create seismic STEAM learning shifts for millions of youth and hundreds of thousands of educators. Our 2023 Program ImpactLaunched in 2020, the Million Girls Moonshot is a flagship initiative of STEM Next Opportunity Fund aimed at engaging millions more youth, particularly girls, in quality out-of-school time (OST) STEM learning experiences. By the end of 2023, the initiative had reached more than 4.3 million young people, including 2.1 million girls. In 2023 alone, the initiative had engaged about 85,000 adult staff members from 45,000 afterschool and summer programs.Many youth demonstrated more engagement in STEM after participating in Million Girls Moonshot-connected programs in 2023. In a recent survey of 1,700 students, the majority reported increased excitement about technology (63%), science (54%), and engineering (52%). These findings demonstrate how hands-on, real-world STEM activities are cultivating not only skills but a passion among girls and youth for STEM.Another core initiative of STEM Next is the Flight Crew a youth leadership initiative to engage girls from across different communities to serve as youth ambassadors for STEM.These young ambassadors share their stories on national stages, engage in mentorship programs, and lend their voices to policy conversations at all levels to advocate for greater STEM opportunities in out-of-school settings. Because of their participation in the Flight Crew experience, 100% of the 2023 Flight Crew members surveyed agreed that they feel like they belong in STEM, are interested in pursuing a career in STEM, and feel their voice is heard.

Who funds STEM Next Opportunity Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Wallace FoundationTo Support the Stem Next Fellows Pooled Funding Project.$739,177
Gordon E and Betty I Moore FoundationIn Support of Research and Design for Effective Out-Of-School Time Science and Engineering Learning Pathways.$700,000
Intel FoundationMillion Girls Moonshot and Support Development of Idm 2.0 Initiative in Ohio$700,000
...and 19 more grants received totalling $6,213,804

Financials for STEM Next Opportunity Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$7,602,145
Program services$89,252
Investment income and dividends$139,389
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-70,674
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,760,112

Organizations like STEM Next Opportunity Fund

OrganizationLocationRevenue
Great Public Schools NowLos Angeles, CA$8,012,433
RESULTS Educational FundWashington, DC$1,953,412
Republic Affairs Innovate for Democracy Lyceum LabsWashington, DC$10,473,706
SME Education FoundationSouthfield, MI$13,500,175
Center for Public JusticeAlexandria, VA$4,597,652
League of Women Voters Education FundWashington, DC$8,019,007
ProLiteracy WorldwideSyracuse, NY$13,383,137
Results for AmericaWashington, DC$32,275,504
Chiefs for ChangeWashington, DC$13,559,778
Alliance for EducationSeattle, WA$5,012,287
Data update history
March 26, 2025
Received grants
Identified 10 new grant, including a grant for $739,177 from The Wallace Foundation
January 22, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 17, 2025
Updated personnel
Identified 1 new personnel
January 3, 2025
Received grants
Identified 5 new grant, including a grant for $279,736 from Ymca of the USA
October 15, 2024
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsSchoolsCharities
Issues
EducationWomen and girls
Characteristics
Political advocacyProvides grantsLobbyingNational levelTax deductible donationsAccepts online donations
General information
Address
2305 Historic Decatur Rd 100
San Diego, CA 92106
Metro area
San Diego-Chula Vista-Carlsbad, CA
County
San Diego County, CA
Website URL
stemnext.org/ 
Phone
(619) 505-9127
IRS details
EIN
81-4834326
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B12: Education Fund Raising and Fund Distribution
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0250432
FTB Entity ID
3967197
AB 488 data last updated ("as-of") date
2025-07-16
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