Skip to main content

Nonprofit · EIN 83-4689764

ISTEAM ACADEMY INC

Tax-exempt · LEXINGTON, MA 02421

Financials

$264K$265K2023$134K$129K2024
Revenue Expenses · by fiscal year end
Financials of ISTEAM ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$133,971$128,718$5,253$16,052$0$16,052
December 31, 2023990$264,397$264,719-$322$10,799$0$10,799
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$133,971
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$34,250
Other salaries and wages
$43,436
Salaries, compensation and benefits (total)
$77,686
Professional fundraising fees
$0
Legal fees
$5,332
Occupancy
$22,020
Program services (functional)
$78,312
Management and general (functional)
$50,406

Balance sheet and other

Total assets, start of year
$10,799
Total assets, end of year
$16,052
Total liabilities, end of year
$0
Net assets, end of year
$16,052
Gross receipts
$133,971
Employees
5
Year formed
2019
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
XIANGBO MENGPRESIDENT
Officer
10$0
XIANGBO MENGTREASURER
Officer
5$0
CHENYU LINDIRECTOR
Officer
5$0
CHENYU LINCLERK
Officer
5$0
XIANGBO MENGCHAIRMAN OF THE BOARD
Officer
5$0
XIANGBO MENGDIRECTOR
Officer
5$0
MINMIN CAIDIRECTOR
Officer
5$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
XIANGBO MENGCHAIRMAN OF THE BOARD
Officer
5$0
XIANGBO MENGDIRECTOR
Officer
5$0
MINMIN CAIDIRECTOR
Officer
5$0
CHENYU LINCLERK
Officer
5$0
XIANGBO MENGPRESIDENT
Officer
10$0
XIANGBO MENGTREASURER
Officer
5$0
CHENYU LINDIRECTOR
Officer
5$0

Address and contacts

Address (IRS master file)
14 HASTINGS RD, LEXINGTON, MA 02421-6807
In care of
% XIANGBO MENG
Mailing address (990-N for 2019)
14 HASTINGS RD, Lexington MA 02421
Principal officer (990-N for 2019)
XIANGBO MENG, 14 HASTINS RD, Lexington MA 02421
Signed the 990
XIANGBO MENG, PRESIDENT
Phone
(617) 763-5948
Return prepared by
KS AND LZ ACCOUNTING LLC

Mission

Operate exclusively for education, scientific, and charitable purpose to provide student a supportive environment where they can build confidence, harness potential, and enjoy the thrill of discovery.

990 for the year ended December 31, 2024

Program accomplishments

  • WE WORK WITH PROFESSIONALS AND SPECIALISTS TO CUSTOMIZE ROBOTICS CURRICULUMS, AND BRING ROBOTICS TO THE CLASSROOM OF LOCAL SPECIA SCHOOLS.WE GUIDE STUDENTS TO WORK COLLABORATIVELY AS A TEAM AND MAXIMIZE THEIR CREATIVITY POTENTIAL AS WELL AS INDIVIDUALIZED THEIR PATHS TO SUSSESS.OUR TEAM STARTED IN 2018, WE HAVE ATTENDED OVER TO VEX ROBOTICS COMPETITIONS AROUND THE STATE OF MASS. WE WENT AGAINST DIFFERENT TEAMS AND RECEIVED AWARDS DUE TO OUR PERFORMANCES. STARTS FROM 2019, SHADOW BOT AND LIGHTNING BOT ARE TWO AWESOME MIDDLE SCHOOL TEAM THAT WON MANY TROPHIES AND AWARDS. BOTH TEAMS MADE TO THE VEX ROBOTICS WORLD CHAMPIONSHIP IN 2019-2020 SEASON.
    Expenses $78,312 · revenue $133,971

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-4689764
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99)
Assets (IRS master file)
$41,878
Income (IRS master file)
$107,659

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$133,971$128,718$16,052XML
990December 2023$264,397$264,719$10,799XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2019
Officer: XIANGBO MENG
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-4689764).

Questions about ISTEAM ACADEMY INC

What is the EIN of ISTEAM ACADEMY INC?
The employer identification number (EIN) of ISTEAM ACADEMY INC is 83-4689764.
Is ISTEAM ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to ISTEAM ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ISTEAM ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ISTEAM ACADEMY INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ISTEAM ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ISTEAM ACADEMY INC?
The 990-N for 2019 names XIANGBO MENG.
Who are the officers and directors of ISTEAM ACADEMY INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does ISTEAM ACADEMY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $133,971, expenses of $128,718 and total assets of $16,052 at year end.

Other nonprofits in LEXINGTON

All nonprofits in LEXINGTON · Massachusetts · Unknown