EIN 81-4834326

STEM Next Opportunity Fund

IRS 501(c) type
501(c)(3)
Num. employees
17
Year formed
2016
Most recent tax filings
2022-12-01
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
$12,130,436
2022
Total expenses
$10,860,086
2022
Total assets
$11,167,712
2022
Num. employees
17
2022

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 STEM learning opportunities for youth- Brings STEM opportunities to more families and communities across the U.S.Nationally and locally, STEM Next programs create seismic STEM learning shifts for millions of youth and hundreds of thousands of educators.

Who funds STEM Next Opportunity Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hopper-Dean FoundationCharitable$3,912,188
Intel FoundationMillion Girls Moonshot$1,400,000
The Wallace FoundationTo Fund, in Partnership With the Charles Stewart Mott Foundation, the Stem Next Opportunity Fund Fellowship Program With Expertise in Afterschool and Summer Learning. (Amendment To Grant #20210095).$435,823
...and 26 more grants received totalling $8,866,248

Personnel at STEM Next Opportunity Fund

NameTitleCompensation
Ron OttingerExecutive Director$337,104
Melissa MoritzDirector of Policy$170,273
Kam KyzerSenior Director Development / Senior Director Philanthropy and Strateg Pships / Director of Philanthropic and Strategic Partnerships$227,379
Nicole EvansDirector Resource Development$175,161
Quincy BrownDirector Space Fellow$172,858
...and 6 more key personnel

Financials for STEM Next Opportunity Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$12,120,074
Program services$38,252
Investment income and dividends$30,451
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-58,341
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,130,436

Form 990s for STEM Next Opportunity Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-11-15990View PDF
2020-122021-10-22990View PDF
2019-122021-02-17990View PDF
2018-122019-10-28990View PDF
...and 2 more Form 990s

Organizations like STEM Next Opportunity Fund

OrganizationLocationRevenue
RESULTS Educational FundWashington, DC$8,420,423
Education Forward DCWashington, DC$25,991,844
Alliance for EducationSeattle, WA$5,142,859
50canWashington, DC$37,090,533
Greenpeace FundWashington, DC$25,106,020
Population Action International (PAI)Washington, DC$13,767,986
League of Women Voters Education FundWashington, DC$7,936,541
Women DeliverNew York, NY$6,563,266
ReverbPortland, ME$5,653,783
Partnership ProjectWashington, DC$37,827,550
Data update history
January 20, 2024
Updated personnel
Identified 3 new personnel
January 14, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Received grants
Identified 20 new grant, including a grant for $3,912,188 from Hopper-Dean Foundation
December 31, 2023
Used new vendors
Identified 2 new vendors, including , and
October 26, 2023
Received grants
Identified 16 new grant, including a grant for $1,500,000 from Charles Stewart Mott Foundation
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsSchoolsCharities
Issues
EducationWomen and girls
Characteristics
Political advocacyProvides grantsNational levelTax deductible donations
General information
Address
2305 Historic Decatur Rd 100
San Diego, CA 92106
Metro area
San Diego-Chula Vista-Carlsbad, 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
Free account sign-up

Want updates when STEM Next Opportunity Fund has new information, or want to find more organizations like STEM Next Opportunity Fund?

Create free Cause IQ account