STEM ALLIANCE OF LARCHMONT- MAMARONECK INC

EIN: 460973552 501(c)(3) Youth Development

LARCHMONT, NY

Total Revenue
$2,949,392
Total Expenses
$3,238,295
Total Assets
$1,310,394
Net Assets
$586,041
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
MARGARET KAUFER
Phone
9144191733
Tax Period
2023-09-01 to 2024-08-31

STEM ALLIANCE OF LARCHMONT- MAMARONECK INC, founded in 2012, is a community nonprofit in the Youth Development sector that reported $2.9M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THROUGH A COMBINATION OF STEM ENRICHMENT, DIGITAL INCLUSION, AND SUMMER LEARNING PROGRAMS, THE STEM ALLIANCE ADVANCES EQUAL OPPORTUNITY IN EDUCATION. OUR EVIDENCE-BASED MODEL HAS 5 DIFFERENTIATING FACTORS.HIGH QUALITY: OUR HANDS-ON, RESEARCH DRIVEN CURRICULUM MEETS THE HIGHEST STANDARDS THROUGH REGULAR EVALUATION AND ITERATION.STRATEGIC PARTNERSHIPS: WE PARTNER WITH LOCAL NONPROFITS THAT HAVE TRUSTED RELATIONSHIPS WITH POTENTIAL PARTICIPANTS AND HOST ALL PROGRAMS. DEDICATED ADVOCACY: WE SHAPE STATEWIDE PRIORITIES ACROSS OUR WORK STREAMS AS MEMBERS OF REGIONAL, STATE AND FEDERAL NETWORKS.UNBOUNDED INNOVATION: WE LISTEN TO THE NEEDS OF COMMUNITY MEMBERS AND RESPOND WITH RELEVANT PROGRAMMING, USING DATA TO EVOLVE AND IMPROVE OUR WORK.OPERATIONAL EXCELLENCE: WE ENGAGE IN STRATEGIC, LONG-TERM PLANNING, WITH RIGOROUS CASH MANAGEMENT, MISSION-ALIGNED FINANCIAL AND STAFFING SYSTEMS AND INCLUSIVE TALENT PRACTICES TO ENSURE EFFECTIVE ADMINISTRATION OF COMPLEX CONTRACTS.

Program Service Accomplishments

Program 1
Expenses: $1,450,798 Revenue: $161,138

DIGITAL EQUITY: SINCE 2020, THE STEM ALLIANCE HAS DELIVERED ONE OF NEW YORK'S MOST ROBUST DIGITAL INCLUSION MODELS. OUR DIGITAL PATHWAYS PROGRAM IS A FULLY ARTICULATED DIGITAL NAVIGATOR MODEL THAT...

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DIGITAL EQUITY: SINCE 2020, THE STEM ALLIANCE HAS DELIVERED ONE OF NEW YORK'S MOST ROBUST DIGITAL INCLUSION MODELS. OUR DIGITAL PATHWAYS PROGRAM IS A FULLY ARTICULATED DIGITAL NAVIGATOR MODEL THAT HAS DISTRIBUTED 4,000+ CHROMEBOOKS, CONNECTED 2,000+ HOUSEHOLDS TO AFFORDABLE INTERNET, AND DELIVERED SKILLS TRAINING TO NEARLY 3,000 CLIENTS. WE DEPLOY A TRAINED CORPS OF DIGITAL NAVIGATORS TO ASSESS EACH CLIENT'S DIGITAL NEEDS AND THEN WE PROVIDE CUSTOM SOLUTIONS - DEVICE OWNERSHIP, DIGITAL LITERACY TRAINING AND ASSISTANCE ENROLLING IN FREE/AFFORDABLE INTERNET - AS NEEDED. THESE OUTCOMES ARE SUPPORTED BY MULTILINGUAL STAFFING, SEAMLESS REFERRAL SYSTEMS, AND DATA-DRIVEN PROGRAM MANAGEMENT THROUGH A CUSTOM DESIGN CLIENT RELATIONSHIP TECH PLATFORM. PRE- AND POST-PROGRAM SURVEYS REVEAL A 3X INCREASE IN COMFORT WITH WORKFORCE TOOLS, A 13-POINT GAIN IN DIGITAL CONFIDENCE, AND A 98% PARTICIPANT SATISFACTION RATE ON AVERAGE FOR ALL CLIENTS. SPANISH-SPEAKING PARTICIPANTS SAW THE MOST DRAMATIC GAINS, NARROWING CRITICAL ACCESS GAPS. THREE TO SIX MONTHS AFTER COMPLETION, 80% OF CLIENTS REPORTED BETTER FINANCIAL MANAGEMENT, 77% HAD IMPROVED WORKFORCE SKILLS, AND 56% HAD LAUNCHED OR EXPANDED A SMALL BUSINESS.THIS PROGRAM BEGAN DURING THE COVID-19 PANDEMIC. AT THAT TIME, THE STEM ALLIANCE RAPIDLY PIVOTED FROM AN IN-PERSON STEM ENRICHMENT PROVIDER TO MEET URGENT COMMUNITY NEEDS IN THE AREA OF DIGITAL ACCESS AND SUPPORT. SINCE THEN, WE HAVE TRANSFORMED AN EARLY $500,000 PILOT INTO $5 MILLION IN INVESTMENTS IN -- BUILDING OPPORTUNITY, FINANCIAL EMPOWERMENT AND MORE THROUGH DIGITAL INCLUSION. THIS TRANSFORMATION HIGHLIGHTS OUR ABILITY TO REMAIN NIMBLE IN TIMES OF CRISIS, RESILIENT AMID CHANGING CONDITIONS, AND RESPONSIVE TO THE EVOLVING NEEDS OF THE COMMUNITIES WE SERVE.MOREOVER, AS A FOUNDING MEMBER OF THE NEW YORK STATE DIGITAL EQUITY NETWORK AND A TRUSTED LIAISON TO NEW YORK'S CONNECTALL OFFICE (OUR STATE'S BROADBAND OFFICE), WE ARE HELPING TO SHAPE NEW YORK'S STATEWIDE STRATEGY FOR DIGITAL INCLUSION. WE ARE PREPARED TO CONTINUE TO EXPAND THIS MODEL TO NEW REGIONS AND DEEPEN OUR REACH IN HIGH-NEED COMMUNITIES.

Program 2
Expenses: $707,236 Revenue: $231,550

STEM ENRICHMENT: IN 2024 ALONE, THE STEM ALLIANCE DELIVERED 168 STEM PROGRAMS ACROSS 44 PARTNER SITES SERVING MORE THAN 2,500 STUDENTS AND FAMILIES, A 73% INCREASE OVER THE PREVIOUS YEAR. OVER 60% OF...

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STEM ENRICHMENT: IN 2024 ALONE, THE STEM ALLIANCE DELIVERED 168 STEM PROGRAMS ACROSS 44 PARTNER SITES SERVING MORE THAN 2,500 STUDENTS AND FAMILIES, A 73% INCREASE OVER THE PREVIOUS YEAR. OVER 60% OF OUR PARTICIPANTS CAME FROM UNDER-RESOURCED COMMUNITIES. EVERY PROGRAM IS ASSESSED USING A NATIONALLY BENCHMARKED EVALUATION TOOL - DIMENSIONS OF SUCCESS - DEVELOPED AT PARTNERS FOR EDUCATION AND RESILIENCE (PEAR). THIS RIGOROUS REVIEW PROCESS SETS OUR STANDARDS, DOCUMENTS SUCCESS/CHALLENGES AND HELPS US SUSTAIN HIGH-QUALITY PROGRAMMING ACROSS DIVERSE SITES THROUGH AN INTERACTIVE PROCESS. WE EMBRACE A CONSTANT, INNOVATIVE GROWTH MINDSET ABOUT OUR WORK. FROM COMPETITIVE ROBOTICS TEAMS AND SITE-BASED SCIENCE LABS TO FAMILY TINKERING NIGHTS AND COUNTYWIDE FESTIVALS, OUR PROGRAMS ARE JOYFUL, CULTURALLY RESPONSIVE, AND DESIGNED TO EXPAND ACCESS AND INCLUSION. WE OFFER OUR PROGRAMS AT REDUCED COST OR FOR FREE BASED ON FUNDING INCLUDING, FOR EXAMPLE, PROVIDING 92 SCHOLARSHIPS TO OUR IMMERSIVE, OPEN WATER STEM SAILS ON LONG ISLAND SOUND. OTHER MAJOR EVENTS INCLUDE OUR ANNUAL STEM-TASTIC FESTIVAL (1,200+ ATTENDEES), THREE FIRST LEGO LEAGUE ROBOTICS TEAMS, AND A DOZEN TINKERING NIGHTS HOSTED REGIONALLY.OUR PROGRAMS ARE POWERED BY A FULL TIME, TRAINED TEAM THAT BRINGS TOGETHER EXPERTISE IN LOGISTICS, INSTRUCTION, AND DATAENSURING THAT WE CAN OPERATE AT SCALE WHILE ALSO ENSURING THAT EVERY PROGRAM RUNS SMOOTHLY, MEETS HIGH STANDARDS, AND DELIVERS MEANINGFUL RESULTS. WITH NEW PROGRAM PARTNERS EXPRESSING INTEREST AND CURRENT WAITLISTS GROWING, OUR ABILITY TO EXPAND OUR REACH WHILE MAINTAINING QUALITY IS AN EXCITING OPPORTUNITY FOR FUTURE INVESTMENT.

Program 3
Expenses: $541,436 Revenue: $299,660

STEM SUMMER ENRICHMENT: SUMMER IS A CRITICAL TIME IN THE LIVES OF CHILDREN; HOWEVER, IT IS ALSO A TIME OF SIGNIFICANT INEQUITY. RESEARCH SHOWS THAT CHILDREN FROM LOW-INCOME HOUSEHOLDS LACK ACCESS TO...

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STEM SUMMER ENRICHMENT: SUMMER IS A CRITICAL TIME IN THE LIVES OF CHILDREN; HOWEVER, IT IS ALSO A TIME OF SIGNIFICANT INEQUITY. RESEARCH SHOWS THAT CHILDREN FROM LOW-INCOME HOUSEHOLDS LACK ACCESS TO QUALITY SUMMER PROGRAMMING WHICH CONTRIBUTES TO A PHENOMENON KNOWN AS "SUMMER SLIDE," THE LOSS OF SKILLS OVER THE SUMMER MONTHS. RESEARCH FURTHER SHOWS THAT INFORMAL STEM LEARNING EXPERIENCES - OUTSIDE OF SCHOOL TIME - HAVE A STRONG IMPACT ON STEM INTEREST, STEM CONFIDENCE AND PERSISTENCE IN STEM LEARNING. THE STEM ALLIANCE MEETS THESE DUAL NEEDS BY BRINGING QUALITY STEM ENRICHMENT TO HIGH NEED COMMUNITIES DURING THE SUMMER MONTHS.THE STEM ALLIANCE'S LEAD SUMMER INITIATIVE IS CO-OP SUMMER ENRICHMENT, A LARGE-SCALE STEM SUMMER CAMP THAT SERVES FAMILIES WITH FINANCIAL NEED. SINCE ASSUMING MANAGEMENT IN 2016, THE STEM ALLIANCE HAS MODERNIZED AND EXPANDED THIS BELOVED COMMUNITY PROGRAM (WITH A 60 YEAR HISTORY), LEADING IT TO EARN THE NATIONAL EXCELLENCE IN SUMMER LEARNING AWARD IN 2023 (ONE OF EIGHT NATIONALLY).THE PROGRAM SERVES 290+ STUDENTS ANNUALLY (90% OF WHOM QUALIFY FOR FREE OR REDUCED LUNCH) AND EMPLOYS MORE THAN 60 LOCAL TEENS AS PAID YOUTH EDUCATORS. STUDENTS ROTATE THROUGH HIGH-ENGAGEMENT STEM LABS, INCLUDING DISSECTION, FLIGHT ENGINEERING, AND STOP-MOTION ANIMATION, ALONGSIDE FIELD TRIPS AND CULTURAL ENRICHMENT EXPERIENCES.IMMEDIATE BENEFITS OF THE PROGRAM ARE MEASURED ANNUALLY: 93% OF CAMPERS AGREED THAT CO-OP MADE THEM A BETTER STUDENT. 98% OF COUNSELORS AGREED THAT THEY TOOK RISKS, TRYING NEW SKILLS, ACTIVITIES AND TASKS 95% OF RISE LEADERS SAID THAT THE PROGRAM HELPED THEM DEVELOP COMMUNICATION AND LISTENING SKILLS. 80% OF PARENTS INDICATED THAT "CONTINUED LEARNING" IS THE PRIMARY REASON WHY THEY CHOSE CO-OP FOR THEIR CHILDBEYOND SHORT TERM OUTCOMES, LONG TERM OUTCOMES INCLUDE: 4X GREATER READING GAINS THAN PEERS 26% INCREASE IN AP/HONORS COURSE ENROLLMENT AMONG ALUMNI HIGH STAFF RETENTION AND FAMILY SATISFACTION RATESTHESE OUTCOMES ARE MADE POSSIBLE BY A DEDICATED TEAM THAT ENSURES SEASONAL STAFF ARE WELL-TRAINED, FAMILIES ARE KEPT INFORMED IN THEIR HOME LANGUAGES, STUDENTS ARRIVE SAFELY, AND PROGRAM QUALITY IS CONTINUOUSLY MONITORED AND IMPROVED.CO-OP SERVES AS A REGION-WIDE CATALYST FOR OPPORTUNITY AND A SUCCESSFUL TESTING GROUND FOR SOME OF OUR MOST INNOVATIVE IDEAS. WITH DEMAND RISING AND A PROVEN INFRASTRUCTURE IN PLACE, WE HAVE EXPANDED OUR WORK TO PARTNER WITH OTHER SUMMER PROGRAMS DURING THE SUMMER MONTHS TO ENHANCE THEIR STEM OFFERINGS. THIS INCLUDES BUT IS NOT LIMITED TO: YWCA NEW ROCHELLE, BOYS AND GIRLS CLUB OF NEW ROCHELLE, PORT CHESTER CARVER CENTER AND G.O.O.D. FOR GIRLS. IN THE SUMMER MONTHS, AS WITH ALL OF OUR PROGRAMMING, WE LEVERAGE PARTNERSHIPS TO BRING OUR QUALITY STEM PROGRAMMING DIRECTLY INTO COMMUNITIES THROUGH TRUSTED PARTNERS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,248,319
Program Service Revenue $692,348
Investment Income $6,451
Other Revenue $2,274
TOTAL REVENUE $2,949,392

Expense Breakdown

Grants Paid $13,000
Salaries & Benefits $1,900,984
Fundraising Expenses $123,327
Program Expenses $2,699,470
Other Expenses $1,314,111
TOTAL EXPENSES $3,238,295

Year-over-Year Comparison

2023 2022 Change
Revenue $2,949,392 $2,600,515 +0.1%
Expenses $3,238,295 $2,400,097 +0.3%
Net Income $-288,903 $200,418 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
11
Employees
129
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$82,307
Total Directors
12
$82,307
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH COADY CHAIR 1.00
Officer Director
$0 $0 $0
JOY CHAILLOU VICE CHAIR 1.00
Officer Director
$0 $0 $0
MARK MANLEY TREASURER 1.00
Officer Director
$0 $0 $0
AARTHI MUTHUKRISHNAN SECRETARY 1.00
Officer Director
$0 $0 $0
ELIZABETH ESTROFF DIRECTOR 1.00
Director
$0 $0 $0
PIETRO CATIZONE DIRECTOR 1.00
Director
$0 $0 $0
NILESH JAIN DIRECTOR 1.00
Director
$0 $0 $0
LAUREN BUONOME DIRECTOR 1.00
Director
$0 $0 $0
STEVEN STIEGLITZ DIRECTOR 1.00
Director
$0 $0 $0
DIANA BARRERA DIRECTOR 1.00
Director
$0 $0 $0
IRENE IANUZZI DIRECTOR 1.00
Director
$0 $0 $0
MARGARET KAUFER PRESIDENT/ CHIEF VISIONARY OFFICER 40.00
Officer Director
$82,307 $0 $82,307
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $2,949,392 $3,238,295 $1,310,394 $-288,903
2023 $2,600,515 $2,400,097 $1,640,749 $200,418
2022 $1,207,961 $1,491,745 $818,215 $-283,784
2021 $1,898,041 $1,111,355 $1,042,558 $786,686
2020 $610,094 $645,240 $260,561 $-35,146
2019 $576,609 $557,713 $220,381 $18,896
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