Overview

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Est.

2008

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

STEM Preparatory Schools is a nonprofit organization focused on elementary and secondary education in Los Angeles, operating with a mission to develop 5th to 12th grade scholars into successful college graduates and professionals through equal access, rigorous curriculum, and core values. With an operating budget of $26.8 million and total revenue of $28.4 million for the filing year 2024, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.stem-prep.org.

Mission Statement

THE MISSION OF STEM PREP SCHOOLS IS TO OPERATE A SMALL NETWORK OF HIGH PERFORMING SCHOOLS, IN A TARGETED AREA OF LOS ANGELES AND DEVELOP 5TH 12TH GRADE SCHOLARS INTO SUCCESSFUL COLLEGE GRADUATES AND PROFESSIONALS, THROUGH EQUAL ACCESS AND INSPIRATION, RIGOROUS CURRICULUM, AND A COMMITMENT TO OUR CORE VALUES.
Revenues
$28.4M
Expenses
$26.8M
Net Income:
+$1.6M
Assets
$38.2M
Liabilities
$21.5M
Net Assets:
+$16.7M
Operating Budget
$26.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$100K
Largest grant received
$100K
E
Emilio Pack
Board Member
A
Andrew Kubasek
Board Member
C
Carmen Vazquez
Board Member

Frequently Asked Questions

What is STEM PREPARATORY SCHOOLS’s budget?
In 2024, STEM PREPARATORY SCHOOLS reported an annual operating budget of around $26.8 million. More detailed financial information is available to registered users.
What causes does STEM PREPARATORY SCHOOLS support?
STEM PREPARATORY SCHOOLS supports work in Secondary education and Elementary and secondary education.
Where does STEM PREPARATORY SCHOOLS operate?
STEM PREPARATORY SCHOOLS is headquartered in Los Angeles, CA.
Who funded STEM PREPARATORY SCHOOLS recently?
In 2023, STEM PREPARATORY SCHOOLS received grants from THE RALPH M PARSONS FOUNDATION, BILL & MELINDA GATES FOUNDATION, and BILL & MELINDA GATES FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant STEM PREPARATORY SCHOOLS received in 2023?
The largest grant to STEM PREPARATORY SCHOOLS in 2023 exceeds $100 thousand.
What is STEM PREPARATORY SCHOOLS’s reliance on government grants?
STEM PREPARATORY SCHOOLS relied on government grants for more than 95% of their total revenue in 2024.