LOCKWOOD STEM ALLIANCE INC

EIN: 933837259 501(c)(3) Education

SAINT CHARLES, MI

Total Revenue
$258,384
Total Expenses
$169,984
Total Assets
$88,400
Net Assets
$88,400
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
MI
Principal Officer
TOM LOCKWOOD
Phone
9892955551
Tax Period
2024-01-01 to 2024-12-31

LOCKWOOD STEM ALLIANCE INC, founded in 2023, is a small nonprofit in the Education sector that reported $258K in total revenue in fiscal year 2024. The organization ran a surplus of $88K, a strong 34% operating margin.

Mission

TO DEVELOP AND SUPPORT SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS EDUCATION PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $167,942

WE SUPPORT FIRST ROBOTICS PROGRAMS AND OTHER SIMILAR PROGRAMS THAT PROVIDE HANDS-ON TECHNICAL LEARNING OPPORTUNITIES FOR THE PARTICIPANTS. THIS MAY INCLUDE EQUIPMENT COSTS, REGISTRATION FEES, TRAVEL...

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WE SUPPORT FIRST ROBOTICS PROGRAMS AND OTHER SIMILAR PROGRAMS THAT PROVIDE HANDS-ON TECHNICAL LEARNING OPPORTUNITIES FOR THE PARTICIPANTS. THIS MAY INCLUDE EQUIPMENT COSTS, REGISTRATION FEES, TRAVEL EXPENSES, AND ANY OTHER EXPENSES INCURRED BY THE PROGRAMS.WE PROVIDE ADVANCED EDUCATIONAL OPPORTUNITIES FOR STUDENTS INCLUDING FIELD TRIPS, CAMPS, AND SEMINARS. WE PROVIDE MANUFACTURING SESSIONS, COMPUTER PROGRAMMING SEMINARS, FABRICATION SESSIONS, AND EXPERIENCES DESIGNED TO DEVELOP COMMUNICATION AND OTHER SOFT SKILLS.WE SUPPORT THE LOCKWOOD STEM CENTER INCLUDING PURCHASING EQUIPMENT, REPAIRING EQUIPMENT, AND GENERAL UPKEEP AND MAINTENANCE OF THE FACILITIES AND SUPPORTING EXPANSION OR PHYSICAL REPAIR.WE SUPPORT STEM EDUCATION THROUGH COMMUNITY OUTREACH.WE WORK TIRELESSLY ON BEHALF OF YOUNG PEOPLE REACHING OUT TO UNIVERSITIES FOR SCHOLARSHIPS AND LOCAL BUSINESSES TO ESTABLISH CO-OP, INTERNSHIP, AND PERMANENT EMPLOYMENT OPPORTUNITIES.

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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 $258,384
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $258,384

Expense Breakdown

Grants Paid $150,005
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $167,942
Other Expenses $19,979
TOTAL EXPENSES $169,984

Year-over-Year Comparison

2024 2023 Change
Revenue $258,384 N/A N/A
Expenses $169,984 N/A N/A
Net Income $88,400 $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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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS LOCKWOOD PRESIDENT 5.00
Officer Director
$0 $0 $0
MARCOS RODRIGUEZ MARTINEZ SECRETARY 2.00
Officer Director
$0 $0 $0
DONALD HEMGESBERG TREASURER 2.00
Officer Director
$0 $0 $0
JOHN RATHS DIRECTOR 2.00
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
2025 No data No data No data No data
2024 $258,384 $169,984 $88,400 $88,400
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