GREAT MINDS IN STEM

EIN: 954577359 501(c)(3) Public & Societal Benefit

LOS ANGELES, CA

Total Revenue
$2,555,249
Total Expenses
$2,998,220
Total Assets
$2,453,901
Net Assets
$1,671,839
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
NORMAN L FORTENBERRY SC
Phone
3232620997
Tax Period
2023-01-01 to 2023-12-31

GREAT MINDS IN STEM, founded in 1996, is a community nonprofit in the Public & Societal Benefit sector that reported $2.6M in total revenue in fiscal year 2023. Expenses of $3.0M exceeded revenue, resulting in a 17% operating deficit.

Mission

- TO INSPIRE AND MOTIVATE UNDERSERVED STUDENTS TO PURSUE CAREERS IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM)- TO ENLIGHTEN AND ENGAGE FAMILIES, EDUCATORS, COMMUNITIES AND EMPLOYERS TO ASSIST UNDERSERVED STUDENTS PURSUING STEM CAREERS- TO INSPIRE OUR NATION THROUGH RECOGNITION OF THE ACHIEVEMENTS OF HISPANICS AND OTHER ROLE MODELS IN STEM- TO ENABLE AND LEVERAGE HISPANIC STEM TALENT TO PLAY A LEADERSHIP ROLE- TO COLLABORATE AND COOPERATE NATIONALLY WITHIN THE STEM COMMUNITY

Program Service Accomplishments

Program 1
Expenses: $2,082,499 Revenue: $2,253,114

NATIONAL AWARDS CONFERENCE BRINGING TOGETHER COLLEGE STUDENTS WITH PROFESSIONAL ENGINEERS AND SCIENTISTS FROM INDUSTRY, ACADEMIA, THE MILITARY, AND GOVERNMENT SECTORS FOR AN EVENT THAT INCLUDES...

Read more

NATIONAL AWARDS CONFERENCE BRINGING TOGETHER COLLEGE STUDENTS WITH PROFESSIONAL ENGINEERS AND SCIENTISTS FROM INDUSTRY, ACADEMIA, THE MILITARY, AND GOVERNMENT SECTORS FOR AN EVENT THAT INCLUDES CONDUCTING PRE-CONFERENCE WEBINARS AND ON-SITE SESSIONS FOCUSED ON SKILL-BUILDING, LEADERSHIP DEVELOPMENT AND CAREER OPPORTUNITY ENHANCEMENT WITH A GRADUATE SCHOOL AND CAREER FAIR. THE RESEARCH POSTER COMPETITION OFFERS UNDERGRDUATE AND GRADUATE STUDENTS THE OPPORTUNITY TO SHOWCASE THEIR RESEARCH PROJECTS. PROFESSIONALS SERVE AS JUDGES AND PROVIDE FEEDBACK ON THE STUDENTS' PRESENTATIONS TO HELP SUPPORT THEIR PROFESSIONAL DEVELOPMENT. FOUR 1-HOUR PROFESSIONAL AWARD EVENTS AND OTHER RECOGNITION PROGRAMS CAPTURE AND SHOWCASE THE ACCOMPLISHMENTS OF APPROXIMATELY 50 WORLD-CLASS ENGINEERS AND SCIENTISTS WHO HAVE MADE EXTRAORDINARY ACHIEVEMENTS IN THEIR FIELDS.

Program 2
Expenses: $138,748 Revenue: $146,250

THE MENTORNET PROGRAM'S OBJECTIVES ARE TO PROVIDE ALL SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM) STUDENTS IN THE UNITED STATES WITH ACCESS TO EFFECTIVE MENTORSHIPS VIA A VIBRANT...

Read more

THE MENTORNET PROGRAM'S OBJECTIVES ARE TO PROVIDE ALL SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM) STUDENTS IN THE UNITED STATES WITH ACCESS TO EFFECTIVE MENTORSHIPS VIA A VIBRANT COMMUNITY COMMITTED TO STUDENTS' SUCCESS; TO DEVELOP A SCALABLE MENTORING PLATFORM THAT COMINTES THE TECHNOLOGY OF SOCIAL NETWORKS WITH THE SOCIAL SCIENCE OF MENTORING; AND TO DELIVER EVIDENCE-BASED PROGRAMS THAT ADDRESS THE CRITICAL ISSUES IMPACTING STEM STUDENT SUCCESS. STUDENTS ARE MATCHED WITH PROFESSIONALS BASED ON SHARED COMMONALITIES. THE CURRICULUM USED IS BASED ON THE STUDENTS' CLASSIFICATION, WHICH CAN RANGE FROM BEING A 2-YEAR COLLEGE STUDENT TO BEING A PH.D. CANDIDATE.

Program 3
Expenses: $147,888 Revenue: $155,885

VIVA TECHNOLOGY! IS A K-12 NATIONAL SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) AWARENESS PROGRAM OFFERED (THROUGH A COMBINATION OF VIRTUAL AND PHYSICAL MEANS) TO SCHOOLS ACROSS THE NATIONAL...

Read more

VIVA TECHNOLOGY! IS A K-12 NATIONAL SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) AWARENESS PROGRAM OFFERED (THROUGH A COMBINATION OF VIRTUAL AND PHYSICAL MEANS) TO SCHOOLS ACROSS THE NATIONAL FOR TEACHER AND STUDENTS IN A VARIETY OF FORMATS. THE PROGRAM FEATURES PROJECT-BASED ACTIVITIES FOR STUDENTS WITH ENGINEERS AND SCIENTISTS AS GUEST SPEAKERS. CURRENT STEM COLLEGE STDUENTS SERVE AS TEAM COLLEGE CAPTAINS TO HELP STUDENTS THROUGH THE CHALLENGES PRESENTED. INFORMATION PACKETS ARE SHIPED TO THE SCHOOLS TO PROVIDE STUDENTS AND PARENTS WITH INFORMATION ABOUT STEM CAREERS, COLLEGE ENTRANCE REQUIREMENTS TO PURSUE THESE FIELDS OF STUDY AND GUIDES TO BOTH UNIVERSITIES AND SCHOLARSHIP PROGRAMS. THE VIVA TECHNOLOGY MODEL IS BEING ADAPTED AND PILOTED TO PROVIDE TECHNOLOGICAL LITERACY INFORMATION TO SENIOR CITIZENS IN ASSISTED LIVING LOCATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $432,094
Program Service Revenue $1,968,019
Investment Income $50,077
Other Revenue $105,059
TOTAL REVENUE $2,555,249

Expense Breakdown

Grants Paid $260,615
Salaries & Benefits $989,563
Fundraising Expenses $0
Program Expenses $2,369,135
Other Expenses $1,748,042
TOTAL EXPENSES $2,998,220

Year-over-Year Comparison

2023 2022 Change
Revenue $2,555,249 $2,512,291 +0.0%
Expenses $2,998,220 $3,238,292 -0.1%
Net Income $-442,971 $-726,001 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
16
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUAN RIVERA PHD BOARD CHAIR 40.00
Officer Director
$0 $0 $0
RUDY MONTIEL PE BOARD VICE CHAIR 8.00
Officer Director
$0 $0 $0
TONY M PADILLA SECRETARY 8.00
Officer Director
$0 $0 $0
MARVI MATOS RODRIGUEZ PHD SECRETARY 8.00
Officer Director
$0 $0 $0
ARMANDO CASTORENA BOARD MEMBER 4.00
Director
$0 $0 $0
JOSE CASTELLON BOARD MEMBER 4.00
Director
$0 $0 $0
IVAN DIAZ BOARD MEMBER 4.00
Director
$0 $0 $0
KIM KUKURBA BOARD MEMBER 4.00
Director
$0 $0 $0
ALEJANDRO M LOPEZ BOARD MEMBER 8.00
Director
$0 $0 $0
H KEITH MOO-YOUNG PHD PE BOARD MEMBER 4.00
Director
$0 $0 $0
RALPH ROSATO BOARD MEMBER 2.00
Director
$0 $0 $0
MARIA E RUESS BOARD MEMBER 4.00
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
2024 No data No data No data No data
2023 $2,555,249 $2,998,220 $2,453,901 $-442,971
2022 $2,512,291 $3,238,292 $3,284,403 $-726,001
2021 $2,728,420 $2,032,014 $3,658,406 $696,406
2020 $2,200,795 $2,126,928 $3,296,326 $73,867
2019 $3,835,392 $4,273,629 $3,479,056 $-438,237
2018 $6,884,531 $4,445,727 $3,790,468 $2,438,804
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GREAT MINDS IN STEM with other nonprofits in California and across the country.