EIN 04-3086666

Steppingstone

IRS 501(c) type
501(c)(3)
Num. employees
141
City
Year formed
1990
Most recent tax filings
2023-06-01
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
$7,376,797
2023
Total expenses
$6,310,945
2023
Total assets
$22,989,223
2023
Num. employees
141
2023

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% are placed in a school that leads to college, 99% graduate from high school, and 91% 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 2023, npea had 234 members from all across the country, including educational nonprofits, schools, and colleges & universities. Npea members have access to best practice sharing, networking, professional development opportunities, including an annual conference, a career center, newsletters and digests, and products and services offered through npea's partnerships with others in the field of education.

Who funds Steppingstone

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,717,365
Hess FoundationAn Unrestricted Grant To Further the Donee's Exempt Purpose.$398,000
National Philanthropic TrustEducation$257,000
...and 50 more grants received totalling $4,218,314

Personnel at Steppingstone

NameTitleCompensation
Alex SacerdoteFounder and Chief Executive Officer$0
Kelly GlewPresident and Chief Executive Officer$193,250
Kerry TaverneseChief Finance and Operations Officer$152,217
Christopher ParrisChief Program and Innovation Officer$115,200
Kate WoodChief Advancement Officer$167,464
...and 31 more key personnel

Financials for Steppingstone

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,013,904
Program services$342,842
Investment income and dividends$1,227,469
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-237,790
Net income from fundraising events$-53,115
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$83,487
Total revenues$7,376,797

Form 990s for Steppingstone

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062023-05-15990View PDF
2021-062022-04-07990View PDF
2020-062021-04-14990View PDF
2019-062020-08-10990View PDF
...and 10 more Form 990s

Organizations like Steppingstone

OrganizationLocationRevenue
College PossibleSaint Paul, MN$24,598,991
Higher Achievement ProgramWashington, DC$4,627,845
Virtual Enterprises International (VEI)New York, NY$3,242,610
National Academy Foundation (NAF)New York, NY$13,558,397
Network for Teaching Entrepreneurship (NFTE)New York, NY$12,144,131
Breakthrough CollaborativeOakland, CA$7,943,709
OneGoalChicago, IL$33,619,339
Fulfillment FundLos Angeles, CA$3,741,887
High JumpChicago, IL$3,490,034
Midtown Educational Foundation (MEF)Chicago, IL$3,858,741
Data update history
November 26, 2024
Received grants
Identified 8 new grant, including a grant for $398,000 from Hess Foundation
September 25, 2024
Updated personnel
Identified 9 new personnel
August 10, 2024
Received grants
Identified 13 new grant, including a grant for $247,500 from The Boston Foundation (TBF)
August 2, 2024
Updated personnel
Identified 1 new personnel
July 16, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
SchoolsEducational service providersHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
MembershipsFundraising eventsNational levelEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
1 Appleton St Floor 4
Boston, MA 02116
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0211988
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-31
Free account sign-up

Want updates when Steppingstone has new information, or want to find more organizations like Steppingstone?

Create free Cause IQ account