Alabama Stem Education Inc
EIN: 471721741 · Bessemer, AL · NTEE: B90
Is Alabama Stem Education Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alabama Stem Education Inc
Alabama Stem Education Inc (EIN: 471721741) is a nonprofit organization based in Bessemer, AL, classified under NTEE code B90. The organization reported total revenue of $827K and total assets of $241K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabama Stem Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabama Stem Education Inc is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 82.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$91K |
| Total Assets | $286K |
| Total Liabilities | $40K |
| Net Assets | $246K |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 14.1% |
| Months of Reserves | 2.8 months |
Financial Health Grade: A
In 2023, Alabama Stem Education Inc reported a surplus of $91K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 14.1% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2023), Alabama Stem Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 82.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.7% | +74.7% | +19.8% |
| 2022 | +154.9% | +131.1% | +81.3% |
| 2021 | +54.0% | +47.5% | +17.8% |
| 2020 | +28.4% | +74.5% | +66.8% |
| 2018 | +520.2% | +313.9% | +292.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alabama Stem Education Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alabama Stem Education Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $91K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.1%.
Frequently Asked Questions about Alabama Stem Education Inc
Is Alabama Stem Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabama Stem Education Inc (EIN: 471721741) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alabama Stem Education Inc spend its money?
Detailed spending breakdown data is not yet available for Alabama Stem Education Inc. Check back for updated IRS 990 analysis.
Are donations to Alabama Stem Education Inc tax-deductible?
Alabama Stem Education Inc is registered as a tax-exempt nonprofit (EIN: 471721741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Alabama Stem Education Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Alabama Stem Education Inc's revenue has grown by 22519%, moving from $6K to $1.3M. Total assets increased by 1800.1% over the same period, from $15K to $286K. Total functional expenses rose by 21181.4%, from $6K to $1.2M. In its most recent filing year (2023), Alabama Stem Education Inc reported a surplus of $91K, with revenue exceeding expenses. The organization holds $40K in liabilities against $286K in assets (debt-to-asset ratio: 14.1%), resulting in net assets of $246K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.2M | $286K | $40K | — | — |
| 2022 | $849K | $705K | $239K | $84K | — | View 990 |
| 2021 | $333K | $305K | $132K | $121K | — | View 990 |
| 2020 | $216K | $207K | $112K | $129K | — | — |
| 2018 | $168K | $119K | $67K | $0 | — | View 990 |
| 2015 | $27K | $29K | $17K | $0 | — | View 990 |
| 2014 | $6K | $6K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.2M, and assets of $286K (revenue +55.7% year-over-year).
- 2022: Revenue of $849K, expenses of $705K, and assets of $239K (revenue +154.9% year-over-year).
- 2021: Revenue of $333K, expenses of $305K, and assets of $132K (revenue +54.0% year-over-year).
- 2020: Revenue of $216K, expenses of $207K, and assets of $112K (revenue +28.4% year-over-year).
- 2018: Revenue of $168K, expenses of $119K, and assets of $67K (revenue +520.2% year-over-year).
- 2015: Revenue of $27K, expenses of $29K, and assets of $17K (revenue +364.8% year-over-year).
- 2014: Revenue of $6K, expenses of $6K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alabama Stem Education Inc:
Data Sources and Methodology
This transparency report for Alabama Stem Education Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.