NORTHEAST FLORIDA REGIONAL STEM2 HUB INC (EIN 474302882) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

KATHLEEN SCHOFIELD

Phone

9047393983

Tax Period

2023-01-01 to 2023-12-31

NORTHEAST FLORIDA REGIONAL STEM2 HUB INC, founded in 2015, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $1.5M left a modest 9% surplus.

Mission

PROVIDE THE ESSENTIAL MISSING ELEMENTS TO ACCELERATE THE GROWTH OF STEM2 INITIATIVES (AND MEASURED OUTCOMES) IN THE NORTHEAST FLORIDA REGION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,627,502

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,627,502

Expense Breakdown

Grants Paid $0

Salaries & Benefits $354,133

Fundraising Expenses $31,326

Program Expenses $1,305,854

Other Expenses $1,119,670

TOTAL EXPENSES $1,473,803

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,627,502	$1,885,881	-0.1%
Expenses	$1,473,803	$1,674,601	-0.1%
Net Income	$153,699	$211,280	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

$136,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN SCHOFIELD	EXECUTIVE DIRECTOR	40.00	Director	$136,000	$0	$136,000
DAVID REICHARD	CHAIR	1.00	Director	$0	$0	$0
MATT HUTCHINS	VICE CHAIR	1.00	Director	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$1,627,502	$1,473,803	$684,810	$153,699
2022	$1,885,881	$1,674,601	$344,834	$211,280
2021	$914,873	$955,450	$146,056	$-40,577
2020	$740,743	$645,796	$185,740	$94,947
2019	$1,602,810	$1,493,994	$77,152	$108,816
2018	$739,947	$803,566	$119,767	$-63,619

NORTHEAST FLORIDA REGIONAL STEM2 HUB INC