funder logo

STEM NEXT OPPORTUNITY FUND

STEM NEXT OPPORTUNITY FUND

San Diego, CA, US
501(c)3
EIN
81-4834326
Fund Raising & Fund Distribution
Regional Funder
funder logo

STEM NEXT OPPORTUNITY FUND

San Diego, CA, US
501(c)3
EIN
81-4834326
Fund Raising & Fund Distribution
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$10,459,673

Contributions
89%
Program Services
5%
Government Grants
4%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$10,376,037

Salaries & Benefits
43%
Fees to Service Providers
22%
Grants
20%
Other
14%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$7,602,145
$9,341,606
+23%
Government Grants
$0
$440,241
-
Fundraising Events
$0
$0
-
Program Services
$89,252
$501,537
+462%
Membership Dues
$0
$0
-
Investments
$139,389
$92,258
-34%
Other
-$70,674
$84,031
-219%
Total Revenues
$7,760,112
$10,459,673
+35%
Expenses
2023
2024
Change
Grants
$6,416,531
$2,124,800
-67%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,983,228
$4,446,394
+12%
Fees to Service Providers
$2,504,834
$2,264,738
-10%
Advertising & Promotion
$1,540
$1,150
-25%
Offices, Occupancy & IT
$66,145
$77,707
+17%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,311,585
$1,461,248
+11%
Total Expenses
$14,283,863
$10,376,037
-27%
Net income
2023
2024
Change
Net income
-$6,523,751
+$83,636
-101%
Functional Expenses
Summary
2023
2024
Change
Program
$12,984,919
$8,716,082
-33%
Admin
$685,055
$881,871
+29%
Fundraising
$613,889
$778,084
+27%
Total Expenses
$14,283,863
$10,376,037
-27%
Income Statement
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