Rochester STEM Academy Inc (EIN 900642816) - 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

2010

Legal Domicile

Principal Officer

Abdifitah Shekh

Phone

5072812381

Tax Period

2023-07-01 to 2024-06-30

Rochester STEM Academy Inc, founded in 2010, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

RSTEM emphasizes high academic achievement for students interested in the STEM fields.

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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 $2,271,150

Program Service Revenue $192

Investment Income $5,858

Other Revenue $430,143

TOTAL REVENUE $2,707,343

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,100,242

Fundraising Expenses $0

Program Expenses $2,078,121

Other Expenses $1,552,992

TOTAL EXPENSES $2,653,234

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,707,343	$2,448,422	+0.1%
Expenses	$2,653,234	$2,912,368	-0.1%
Net Income	$54,109	$-463,946	-1.1%

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

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

$213,261

Total Directors

$83,818

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Abdifitah Shakh	Board Chair	1.00	Officer Director	$0	$0	$0
Mohamoud Hamud	Vice Chair	1.00	Officer Director	$0	$0	$0
Corlis Hicks	Secretary/Teacher	40.00	Officer Director	$65,659	$18,159	$83,818
Hussein Mohamed Ali	Member	1.00	Director	$0	$0	$0
Mohamed Warsame	Member	1.00	Director	$0	$0	$0
Charlene Ellingson	Executive Director	40.00	Officer	$104,717	$24,726	$129,443

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	$2,707,343	$2,653,234	$795,401	$54,109
2023	$2,448,422	$2,912,368	$8,067,469	$-463,946
2022	$2,506,613	$2,500,375	$8,360,843	$6,238
2021	$2,710,417	$2,290,607	$1,829,055	$419,810
2020	$2,158,672	$2,292,241	$1,638,519	$-133,569
2019	$1,945,822	$1,751,049	$1,337,907	$194,773
2018	$1,795,215	$1,959,903	$1,486,825	$-164,688

Rochester STEM Academy Inc