GENEVA LAKE ASTROPHYSICS AND STEAM INC

EIN: 831179347 501(c)(3) Education

WILLIAMS BAY, WI

Total Revenue
$363,160
Total Expenses
$248,541
Total Assets
$151,499
Net Assets
$147,020
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
WI
Phone
2623945166
Tax Period
2024-01-01 to 2024-12-31

GENEVA LAKE ASTROPHYSICS AND STEAM INC, founded in 2018, is a small nonprofit in the Education sector that reported $363K in total revenue in fiscal year 2024. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $115K, a strong 32% operating margin.

Mission

PROVIDING STEAM EDUCATION THROUGH A HANDS ON APPROACH TO THE COMMUNITY WITH EMPHASIS ON UNDERREPRESENTED AND UNDERSERVED COMMUNITIES

Program Service Accomplishments

Program 1
Expenses: $26,433 Revenue: $6,580

COMMUNITY EDUCATION AND OUTREACH. OUTREACH TO THE LOCAL COMMUNITY THROUGH PUBLIC STAR PARTIES WITH TELESCOPES AND EDUCATIONAL ACTIVITIES, PUBLIC AND PRIVATE PRESENTATIONS (SUCH AS AT LIBRARIES OR TO...

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COMMUNITY EDUCATION AND OUTREACH. OUTREACH TO THE LOCAL COMMUNITY THROUGH PUBLIC STAR PARTIES WITH TELESCOPES AND EDUCATIONAL ACTIVITIES, PUBLIC AND PRIVATE PRESENTATIONS (SUCH AS AT LIBRARIES OR TO COMMUNITY GROUPS) INTERNSHIPS IN ASTRONOMY, EDUCATION, PHYSICS, AND ENGINEERING FOR UNDERGRADUATES AND OTHER SIMILAR OUTREACH PROGRAMS

Program 2
Expenses: $97,533 Revenue: $77,338

ACCESSIBILITY PROJECTS. THIS INCLUDES CONSULTING WITH OTHER ORGANIZATIONS TO IMPROVE ACCESSIBILITY OF THEIR TOOLS AND PROGRAMS FOR AUDIENCES OF DIVERSE ABILITIES, PARTICULARLY BLIND OR VISUALLY...

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ACCESSIBILITY PROJECTS. THIS INCLUDES CONSULTING WITH OTHER ORGANIZATIONS TO IMPROVE ACCESSIBILITY OF THEIR TOOLS AND PROGRAMS FOR AUDIENCES OF DIVERSE ABILITIES, PARTICULARLY BLIND OR VISUALLY IMPAIRED (BVI) AND DEAF OR HARD OF HEARING (DHH) AUDIENCES. GLAS ALSO LEADS ACCESSIBILITY NETWORKING ACTIVITIES, SUCH AS MEETINGS FOR RESEARCHERS, EDUCATORS, AND PROFESSIONALS IN DISABILITY ACCESS TO IMPROVE THE REACH AND EFFICIENCY OF ACCESSIBILITY INCLUSION PROJECTS.

Program 3
Expenses: $423

LENSS. THE LENSS PROJECT SUPPORTS STUDENTS IN LEARNING ENGINEERING AND CODING SKILLS WHILE INCREASING KNOWLEDGE AND AWARENESS OF THE HEALTH OF NEARBY GENEVA LAKE. LENSS IS LED BY LOCAL HIGH-SCHOOL...

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LENSS. THE LENSS PROJECT SUPPORTS STUDENTS IN LEARNING ENGINEERING AND CODING SKILLS WHILE INCREASING KNOWLEDGE AND AWARENESS OF THE HEALTH OF NEARBY GENEVA LAKE. LENSS IS LED BY LOCAL HIGH-SCHOOL STUDENTS WORKING IN TEAMS, MENTORED OVER MULTIPLE YEARS BY STEM PROFESSIONALS AND SHARING KNOWLEDGE AND EXPERIENCE WITH EACH OTHER. STUDENTS CREATE CUSTOM SENSORS, MOUNTING THEM ALONG THE LAKE SHORE, AND COLLECT AND ANALYZE A VARIETY OF DATA THAT THEY PROVIDE.THIS INFORMATION IS THEN MADE AVAILABLE TO THE PUBLIC, INVITING COMMUNTIY-BASED ENVIRONMENTAL ACTION. STUDENTS LEARN INVALUABLE ENGINEERING AND PROGRAMMING SKILLS THROUGH SENSOR DESIGN AND DEVELOPMENT, GAIN EXPERIENCE IN DATA MANAGEMENT AS THEY COLLECT AND ANALYZE INFORMATION FROM THEIR SENSORS, AND LEARN FUNCTIONAL MARKETING, PUBLIC OUTREACH, AND GRAPHIC DESIGN SKILLS AS THEY BRING THE PROJECT AND THEIR RESULTS TO THEIR COMMUNITIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $363,160
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $363,160

Expense Breakdown

Grants Paid $0
Salaries & Benefits $171,467
Fundraising Expenses $0
Program Expenses $128,847
Other Expenses $77,074
TOTAL EXPENSES $248,541

Year-over-Year Comparison

2024 2023 Change
Revenue $363,160 $187,866 +0.9%
Expenses $248,541 $252,925 0.0%
Net Income $114,619 $-65,059 -2.8%
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
5
Independent Members
4
Employees
8
Volunteers
25

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
$179,998
Total Directors
3
$179,998
Key Employees
1
$179,998
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHRYN MEREDITH PRESIDENT 40.00
Officer Director Key Emp Highest
$89,999 $89,999 $179,998
LARRY HAPP BOARD MEMBER 2.00
Officer Director
$0 $0 $0
TIM FAHLBERG BOARD MEMBER 1.00
Officer Director
$0 $0 $0
KYLE CUDWORTH BOARD MEMBER 1.00
Officer
$0 $0 $0
FRANCES DELLUTRI BOARD MEMBER 1.00
Officer
$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 $363,160 $248,541 $151,499 $114,619
2023 $187,866 $252,925 $27,828 $-65,059
2022 $221,129 $341,436 $93,371 $-120,307
2021 $343,796 $324,268 $218,172 $19,528
2020 $372,613 $267,606 $194,567 $105,007
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