Totals
- Total revenue
- $17,275,470
- Total expenses
- $7,018,636
- Contributions and grants received
- $16,274,336
- Grants paid
- $198,100
- Program service revenue
- $353,035
- Investment income
- $561,508
- Other revenue
- $86,591
- Total assets, end of year
- $35,121,586
- Total liabilities, end of year
- $761,217
- Net assets or fund balances, end of year
- $34,360,369
- Program services expenses (Part IX)
- $4,676,017
- Management and general expenses
- $825,135
- Fundraising expenses
- $1,517,484
- Program service expenses (Part III)
- $4,676,017
Program services were 66.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$871,977
-
1f · All other contributions, gifts and grants
$15,402,359
-
1g · Noncash contributions included above
$2,715
-
2a · Program service revenue: CONFERENCE INCOME
total $209,565 · related or exempt $208,665 · unrelated business $900
-
2b · Program service revenue: MEMBERSHIP INCOME
total $143,470 · related or exempt $143,470
-
3 · Investment income
total $675,235 · excluded $675,235
-
7a · Gross sales of assets other than inventory
securities $4,887,755
-
7b · Less cost or other basis and sales expenses
securities $5,001,482
-
7c · Gain or loss
securities -$113,727
-
7d · Net gain or loss
total -$113,727 · excluded -$113,727
-
8a · Fundraising events: gross income
$124,375
-
8a · Fundraising events: contributions included on line 1c
$871,977
-
8b · Fundraising events: direct expenses
$88,536
-
8c · Net income from fundraising events
total $35,839 · excluded $35,839
-
11a · Other revenue: MISC. INCOME
total $50,752 · related or exempt $50,752
-
11e · Other revenue, total
$50,752
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $198,100 · program services $198,100
-
5 · Compensation of officers, directors and key employees
total $616,652 · program services $23,751 · management and general $314,728 · fundraising $278,173
-
7 · Other salaries and wages
total $3,320,032 · program services $2,522,747 · management and general $211,881 · fundraising $585,404
-
8 · Pension plan contributions
total $58,749 · program services $45,687 · management and general $3,250 · fundraising $9,812
-
9 · Other employee benefits
total $290,158 · program services $209,511 · management and general $36,338 · fundraising $44,309
-
10 · Payroll taxes
total $385,164 · program services $253,978 · management and general $61,030 · fundraising $70,156
-
11b · Fees: legal
total $7,437 · management and general $7,437
-
11c · Fees: accounting
total $44,814 · management and general $44,814
-
11e · Fees: professional fundraising services
total $120,170 · fundraising $120,170
-
11g · Fees: other
total $309,039 · program services $122,669 · management and general $64,714 · fundraising $121,656
-
14 · Information technology
total $189,324 · program services $141,085 · management and general $9,676 · fundraising $38,563
-
16 · Occupancy
total $543,347 · program services $412,159 · management and general $41,672 · fundraising $89,516
-
17 · Travel
total $50,954 · program services $35,190 · management and general $7,979 · fundraising $7,785
-
19 · Conferences, conventions and meetings
total $228,017 · program services $228,017
-
22 · Depreciation, depletion and amortization
total $162,975 · program services $140,125 · management and general $7,252 · fundraising $15,598
-
23 · Insurance
total $31,600 · program services $18,973 · management and general $8,505 · fundraising $4,122
-
24a · Other expenses: EVENT EXPENSE
total $124,659 · fundraising $124,659
-
24b · Other expenses: CLASSROOM FACILITY
total $118,995 · program services $118,995
-
24c · Other expenses: SCHOLAR TRANSPORTATION
total $107,053 · program services $107,053
-
24d · Other expenses: SCHOLAR & FAMILY SERVIC
total $64,647 · program services $64,647
-
24e · All other expenses
total $46,750 · program services $33,330 · management and general $5,859 · fundraising $7,561
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $224,312 · end of year $244,534
-
2 · Savings and temporary cash investments
beginning of year $2,475,312 · end of year $2,332,393
-
3 · Pledges and grants receivable
beginning of year $1,667,889 · end of year $7,269,098
-
9 · Prepaid expenses and deferred charges
beginning of year $351,471 · end of year $258,951
-
10a · Land, buildings and equipment: cost or other basis
$762,935
-
10b · Land, buildings and equipment: accumulated depreciation
$461,875
-
10c · Land, buildings and equipment, net
beginning of year $464,035 · end of year $301,060
-
11 · Investments: publicly traded securities
beginning of year $16,843,632 · end of year $24,239,370
-
15 · Other assets
beginning of year $962,572 · end of year $476,180
-
17 · Accounts payable and accrued expenses
beginning of year $180,111 · end of year $190,079
-
19 · Deferred revenue
beginning of year $156,408 · end of year $110,297
-
25 · Other liabilities
beginning of year $1,029,504 · end of year $460,841
-
27 · Net assets without donor restrictions
beginning of year $4,571,764 · end of year $3,767,756
-
28 · Net assets with donor restrictions
beginning of year $17,051,436 · end of year $30,592,613
Mission and programs · 2023
Mission
STEPPINGSTONE PREPARES STUDENTS FROM UNDER-RESOURCED COMMUNITIES TO ACCESS, NAVIGATE, AND GRADUATE FROM COLLEGE.
-
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 1,300 SCHOLARS IN GRADES 5 - COLLEGE. OF THE SCHOLARS WHO COMPLETE THE ACADEMIC PREPARATION COMPONENT, APPROXIMATELY 90% 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.
Expenses $3,838,816 · Grants $198,100 · Revenue $45,559
-
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 2024, NPEA HAD 217 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.
Expenses $614,101 · Revenue $357,328
-
THE ORGANIZATION RECEIVES FUNDING FROM ANONYMOUS DONORS TO PROVIDE COLLEGE SCHOLARSHIPS TO SCHOLARS TO FILL A FINANCIAL NEED OR SIGNIFICANTLY REDUCE THE FAMILY'S FINANCIAL AID GAP. THERE IS A ROBUST SELECTION PROCESS EACH YEAR FOR THE SCHOLARSHIPS. WE LOOK AT FINANCIAL IMPACT, ACADEMIC READINESS/EFFORT AND ENGAGEMENT WITH STEPPINGSTONE IN THE SELECTION PROCESS. SCHOLARSHIP INFO IS SHARED WITH THE ENTIRE SCHOLAR COMMUNITY. ALL SCHOLARSHIP APPLICATIONS ARE PRE-SCREENED FOR ELIGIBILITY AND AWARDS ARE DETERMINED BY A SELECTION COMMITTEE.
Expenses $223,100
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Robert HendersonROBERT HENDERSON
CHAIR
- Total calculated
- $0
- Hours/week
- 15
-
Natasha Telesford WilliamsNATASHA TELESFORD WILLIAMS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Fabian FondriestFABIAN FONDRIEST
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Donavan BrownDONAVAN BROWN
CLERK
- Total calculated
- $0
- Hours/week
- 1
-
Joanne Jacquet AraujoJOANNE JACQUET ARAUJO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Todd BlandTODD BLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer BlockJENNIFER BLOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian ConwayBRIAN CONWAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Vincent ChiangDR VINCENT CHIANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Betsy Lind DanzigerBETSY LIND DANZIGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary DriscollMARY DRISCOLL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kate GilbaneKATE GILBANE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan GoldsteinJONATHAN GOLDSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Isabelle LoringISABELLE LORING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Stephanie Pinder-AmakerDR STEPHANIE PINDER-AMAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alex SacerdoteALEX SACERDOTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John SimonJOHN SIMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rachel SkerritRACHEL SKERRIT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sofia Teixeira MistrettaSOFIA TEIXEIRA MISTRETTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Perry TraquinaPERRY TRAQUINA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jenny WeymouthJENNY WEYMOUTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Susan BoneySUSAN BONEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rafael CofinoRAFAEL COFINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Douglass WilliamsDOUGLASS WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alixe CallenALIXE CALLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darien ReidDARIEN REID
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kelly GlewKELLY GLEW
PRESIDENT & CEO
- Total calculated
- $211,683
- From this org
- $199,476
- From related orgs
- $0
- Other
- $12,207
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $199,476
- Bonus
- $0
- Other
- $0
- Deferred
- $11,756
- Nontaxable benefits
- $451
- Filer's total
- $211,683
-
Kate WoodKATE WOOD
CAO
- Total calculated
- $185,034
- From this org
- $171,686
- From related orgs
- $0
- Other
- $13,348
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,686
- Bonus
- $0
- Other
- $0
- Deferred
- $9,587
- Nontaxable benefits
- $3,761
- Filer's total
- $185,034
-
Kerry TaverneseKERRY TAVERNESE
CFOO
- Total calculated
- $181,686
- From this org
- $158,242
- From related orgs
- $0
- Other
- $23,444
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,242
- Bonus
- $0
- Other
- $0
- Deferred
- $10,282
- Nontaxable benefits
- $13,162
- Filer's total
- $181,686
-
Christopher ParrisCHRISTOPHER PARRIS
CPO
- Total calculated
- $136,021
- From this org
- $119,319
- From related orgs
- $0
- Other
- $16,702
- Hours/week
- 40
-
Karin ElliottKARIN ELLIOTT
EXEC DIRECTOR, NPEA
- Total calculated
- $121,047
- From this org
- $114,026
- From related orgs
- $0
- Other
- $7,021
- Hours/week
- 40
-
Miguel UrenaMIGUEL URENA
SR. DIRECTOR IT
- Total calculated
- $120,884
- From this org
- $110,645
- From related orgs
- $0
- Other
- $10,239
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530939349301413
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.