EIN 04-3086666

Steppingstone

IRS 501(c) type
501(c)(3)
Num. employees
140
City
Year formed
1990
Most recent tax filings
2022-06-01
NTEE code, primary
Description
Steppingstone prepares students from historically marginalized communities to access, navigate, and graduate from college.
Also known as...
Steppingstone Foundation; The Steppingstone Foundation
Total revenues
$16,364,119
2022
Total expenses
$5,552,574
2022
Total assets
$21,511,521
2022
Num. employees
140
2022

Program areas at Steppingstone

The Steppingstone scholars program in boston prepares motivated fifth- and sixth-graders from underserved communities in boston by providing an intensive after-school and summer academic program designed to assist these students in gaining admission to an independent, exam, or boston public school in the sixth, seventh, or ninth grades. After completing the academic component, support services such as mentoring, extracurricular activities, and college guidance are provided to ensure that the students succeed in school and ultimately graduate from a four-year college. Each year, the Steppingstone scholars program serves approximately 1,400 scholars in grades 5 - college. Of the scholars who complete the academic preparation component, approximately 89% gain admission to an independent or public exam school, 99% graduate from high school, and 92% enroll at four-year colleges. 80% graduate from four-year colleges within six years.
The national partnership for educational access (npea), which the Steppingstone Foundation formally launched in 2007, is a membership organization for programs and schools working to eliminate barriers to educational access and college and career success for underserved students. At the end of fiscal year 2022, npea had 244 members from all across the country, including educational nonprofits, schools, and colleges & universities. Npea members share best practices, network, receive professional development and can access educational services for their students as a benefit of participating in npea.

Who funds Steppingstone

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$3,036,450
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$3,036,450
National Philanthropic TrustEducation$568,000
...and 52 more grants received totalling $8,615,224

Personnel at Steppingstone

NameTitleCompensation
Kerry TaverneseChief Financial Administrative Officer$139,492
Kate WoodChief Advancement Officer$152,456
Robert Arias-NivarChief Talent Officer
Christopher ParrisChief Program Officer$108,571
Angela Joined SteppingstoneVice President of Programs and Talent Development
...and 24 more key personnel

Financials for Steppingstone

RevenuesFYE 06/2022
Total grants, contributions, etc.$15,255,580
Program services$234,078
Investment income and dividends$1,032,734
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-14,327
Net income from fundraising events$-180,129
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$36,183
Total revenues$16,364,119

Form 990s for Steppingstone

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-04-07990View PDF
2020-062021-04-14990View PDF
2019-062020-08-10990View PDF
2018-062018-12-22990View PDF
...and 9 more Form 990s

Organizations like Steppingstone

OrganizationLocationRevenue
College PossibleSaint Paul, MN$24,598,991
Network for Teaching Entrepreneurship (NFTE)New York, NY$12,144,131
Higher Achievement ProgramWashington, DC$7,738,858
National Academy Foundation (NAF)New York, NY$13,558,397
OneGoalChicago, IL$46,499,926
buildOnStamford, CT$18,082,443
Communities in Schools of the Dallas Region (CISDR)Dallas, TX$12,139,498
Fulfillment FundLos Angeles, CA$6,532,887
Girls Who CodeNew York, NY$27,137,820
PeerForwardWashington, DC$13,658,288
Data update history
February 3, 2024
Received grants
Identified 19 new grant, including a grant for $280,000 from Hess Foundation
October 26, 2023
Received grants
Identified 5 new grant, including a grant for $32,000 from The Chicago Community Trust
August 19, 2023
Received grants
Identified 34 new grant, including a grant for $290,000 from Hess Foundation
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsEducational service providersHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
MembershipsFundraising eventsNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donations
General information
Address
1 Appleton St Floor 4
Boston, MA 02116
Metro area
Boston-Cambridge-Newton, MA-NH
Website URL
steppingstone.org/ 
Phone
(617) 423-6300
Facebook page
steppingstonefoundation 
Twitter profile
@steppingstone90 
IRS details
EIN
04-3086666
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Parent of group exemption
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