ISTEAM ACADEMY INC

EIN: 834689764 501(c)(3) Unknown

Lexington, MA

Total Revenue
$264,397
Total Expenses
$264,719
Total Assets
$10,799
Net Assets
$10,799
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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
2019
Legal Domicile
MA
Tax Period
2023-01-01 to 2023-12-31

ISTEAM ACADEMY INC, founded in 2019, is a small nonprofit in the Unknown sector that reported $264K in total revenue in fiscal year 2023.

Mission

Operate exclusively for education, scientific, and charitable purpose to provide student a supportive environment where they can build confidence, harness potential, and enjoy the thrill of discovery.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $264,397
Investment Income $0
Other Revenue $0
TOTAL REVENUE $264,397

Expense Breakdown

Grants Paid $0
Salaries & Benefits $77,675
Fundraising Expenses $0
Program Expenses $198,310
Other Expenses $187,044
TOTAL EXPENSES $264,719

Year-over-Year Comparison

2023 2022 Change
Revenue $264,397 N/A N/A
Expenses $264,719 N/A N/A
Net Income $-322 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
3
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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
XIANGBO MENG CHAIRMAN OF THE BOARD 5.00
Officer
$0 $0 $0
XIANGBO MENG DIRECTOR 5.00
Officer
$0 $0 $0
MINMIN CAI DIRECTOR 5.00
Officer
$0 $0 $0
CHENYU LIN CLERK 5.00
Officer
$0 $0 $0
XIANGBO MENG PRESIDENT 10.00
Officer
$0 $0 $0
XIANGBO MENG TREASURER 5.00
Officer
$0 $0 $0
CHENYU LIN DIRECTOR 5.00
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 No data No data No data No data
2023 $264,397 $264,719 $10,799 $-322
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