SConnect Corporation

EIN: 884367132 501(c)(3) Education

Cupertino, CA

Total Revenue
$220,802
Total Expenses
$213,935
Total Assets
$82,259
Net Assets
$6,867
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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
Jingna Zhang
Phone
4085812125
Tax Period
2023-01-01 to 2023-12-31

SConnect Corporation, founded in 2022, is a small nonprofit in the Education sector that reported $221K in total revenue in fiscal year 2023. Expenses of $214K left a modest 3% surplus.

Mission

Our mission is to provide educational resources and support to students from socioeconomically challenged backgrounds, including those from low-income and immigrant families. We connect these students with community resources and talent, recognizing that they are often underserved and deserve equitable access to higher education opportunities. We also sponsor students to participate in various STEM tournaments and competitions, fostering their interest and potential in these fields.

Program Service Accomplishments

Program 1
Expenses: $197,005

Kennedy Science Olympiad Team Sponsorship and Tournament Support: Our organization supports 108 students on the Kennedy Science Olympiad teams by covering expenses for coaches, chaperones, travel...

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Kennedy Science Olympiad Team Sponsorship and Tournament Support: Our organization supports 108 students on the Kennedy Science Olympiad teams by covering expenses for coaches, chaperones, travel, accommodations, and competition fees. This sponsorship enables students from diverse, low-income, and immigrant backgrounds to engage in STEM competitions, helping them develop their skills and interests without financial barriers. This program represents a significant portion of our expenses, with funds allocated to team coaches and chaperones, as well as direct costs to support student participation. In addition to supporting the team, we also sponsor a Kennedy-hosted tournament, which serves 47 teams, each consisting of 15 students. This event plays a crucial role in expanding the reach of STEM education by offering students from various backgrounds an opportunity to compete in a prestigious setting. The tournament encourages collaboration and friendly competition while fostering a sense of community and inclusivity among participants. It provides a platform for students to showcase their talents, build self-confidence, and inspire others to pursue careers in science, technology, engineering, and mathematics. Through our sponsorship, we are not only empowering the students on the Kennedy Science Olympiad team but also contributing to the development of the next generation of leaders and innovators in STEM fields.

Program 2
Expenses: $6,445 Revenue: $0

Monta Vista Science Olympiad Team Sponsorship: Our organization supports 30 students on the Monta Vista Science Olympiad teams by covering expenses for construction materials for build events...

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Monta Vista Science Olympiad Team Sponsorship: Our organization supports 30 students on the Monta Vista Science Olympiad teams by covering expenses for construction materials for build events, competition day lunches, and competition fees. This sponsorship has enabled students from diverse, low-income, and immigrant backgrounds to engage fully in STEM competitions, helping Monta Vista Purple rise from a low-performing team to national champion in just one year.

Program 3
Expenses: $1,183 Revenue: $0

Benchmarking and Summer Workshop Support for Science Teams: In alignment with our mission to provide opportunities for students from underserved communities, we benchmark local, regional, state...

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Benchmarking and Summer Workshop Support for Science Teams: In alignment with our mission to provide opportunities for students from underserved communities, we benchmark local, regional, state, national and international science teams and offer support for summer workshops. These initiatives help students from low-income and immigrant backgrounds enhance their STEM skills, stay competitive, and gain exposure to top-tier practices in the field, fostering their potential for future academic and professional success.

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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 $220,802
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $220,802

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $204,633
Other Expenses $213,935
TOTAL EXPENSES $213,935

Year-over-Year Comparison

2023 2022 Change
Revenue $220,802 N/A N/A
Expenses $213,935 N/A N/A
Net Income $6,867 $0 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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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
50

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Queenlee Foo President and CEO 20
Officer
$0 $0 $0
Jingna Zhang CFO and Secretary 20
Officer
$0 $0 $0
Kevin Yao Member 1
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 $220,802 $213,935 $82,259 $6,867
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