STEM-ED

2023–24 season

Financial report

STEM-ED, Inc. is a 501(c)(3) run by volunteers with backing from a few businesses. This is what the competition took in and spent.

Revenue and other income, 2024
Sales$32,393.96
Private donations$1,000.00
Corporate donations$22,054.70
Total revenue and other income$55,448.66
Costs and other deductions, 2024
Drone components$21,686.27
Competition expenses$22,408.53
National competition expenses$6,909.69
Administrative costs$5,101.09
IT and online platforms$2,141.20
Total costs and other deductions$58,246.78
Net
Net income (loss)Costs ran ahead of income for the season.($2,798.12)