Stem Next Opportunity Fund
EIN: 814834326 · San Diego, CA · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $14.4M |
| Total Expenses | $14.3M |
| Net Assets | $4.2M |
Is Stem Next Opportunity Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Stem Next Opportunity Fund
Stem Next Opportunity Fund (EIN: 814834326) is a nonprofit organization based in San Diego, CA, classified under NTEE code B12. The organization reported total revenue of $14.4M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stem Next Opportunity Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stem Next Opportunity Fund is a large nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.8M |
| Total Expenses | $14.3M |
| Surplus / Deficit | $-6,523,751 |
| Total Assets | $6.2M |
| Total Liabilities | $1.9M |
| Net Assets | $4.2M |
| Operating Margin | -84.1% |
| Debt-to-Asset Ratio | 31.5% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, Stem Next Opportunity Fund reported a deficit of $6.5M with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 31.5% (moderate leverage).
Financial Trends
Over 7 years of filings (2017–2023), Stem Next Opportunity Fund's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.0% | +31.5% | -44.8% |
| 2022 | +11.1% | +70.0% | +8.4% |
| 2021 | +99.9% | +61.4% | +94.0% |
| 2020 | +119.9% | +43.8% | +40.2% |
| 2019 | -4.8% | -19.1% | -10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Stem Next Opportunity Fund 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 Stem Next Opportunity Fund 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 deficit of $6.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.5%.
Frequently Asked Questions about Stem Next Opportunity Fund
Is Stem Next Opportunity Fund a legitimate charity?
Stem Next Opportunity Fund (EIN: 814834326) is a registered tax-exempt nonprofit based in California. It has 7 years of IRS 990 filings on record. Total revenue: $14.4M. No red flags identified. Financial health grade: B.
How does Stem Next Opportunity Fund spend its money?
Stem Next Opportunity Fund reported $14.4M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Stem Next Opportunity Fund tax-deductible?
Stem Next Opportunity Fund is registered as a tax-exempt nonprofit (EIN: 814834326). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Stem Next Opportunity Fund located?
Stem Next Opportunity Fund is headquartered in San Diego, California and files with the IRS under EIN 814834326. It is classified under NTEE code B12.
How many years of IRS 990 filings does Stem Next Opportunity Fund have?
Stem Next Opportunity Fund has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $14.4M in total revenue.
Filing History
IRS 990 filing history for Stem Next Opportunity Fund showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Stem Next Opportunity Fund's revenue has declined by 5.9%, moving from $8.2M to $7.8M. Total assets increased by 22.6% over the same period, from $5.0M to $6.2M. Total functional expenses rose by 256.2%, from $4.0M to $14.3M. In its most recent filing year (2023), Stem Next Opportunity Fund reported a deficit of $6.5M, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $6.2M in assets (debt-to-asset ratio: 31.5%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.8M | $14.3M | $6.2M | $1.9M | — | — |
| 2022 | $12.1M | $10.9M | $11.2M | $781K | — | View 990 |
| 2021 | $10.9M | $6.4M | $10.3M | $894K | — | View 990 |
| 2020 | $5.5M | $4.0M | $5.3M | $421K | — | — |
| 2019 | $2.5M | $2.8M | $3.8M | $402K | — | View 990 |
| 2018 | $2.6M | $3.4M | $4.2M | $562K | — | View 990 |
| 2017 | $8.2M | $4.0M | $5.0M | $793K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.8M, expenses of $14.3M, and assets of $6.2M (revenue -36.0% year-over-year).
- 2022: Revenue of $12.1M, expenses of $10.9M, and assets of $11.2M (revenue +11.1% year-over-year).
- 2021: Revenue of $10.9M, expenses of $6.4M, and assets of $10.3M (revenue +99.9% year-over-year).
- 2020: Revenue of $5.5M, expenses of $4.0M, and assets of $5.3M (revenue +119.9% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.8M, and assets of $3.8M (revenue -4.8% year-over-year).
- 2018: Revenue of $2.6M, expenses of $3.4M, and assets of $4.2M (revenue -68.4% year-over-year).
- 2017: Revenue of $8.2M, expenses of $4.0M, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stem Next Opportunity Fund:
Data Sources and Methodology
This transparency report for Stem Next Opportunity Fund 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.