Education : Other Education Programs and Services

The Steppingstone Foundation

Preparing urban schoolchildren for educational opportunities

Rating

Overall Rating    
      (55.02)
Organizational Efficiency      
Program Expenses 80.2%    
Administrative Expenses 8.4%    
Fundraising Expenses 11.2%    
Fundraising Efficiency $0.16    
Efficiency Rating    
      (33.02)
Organizational Capacity      
Primary Revenue Growth -1.7%    
Program Expenses Growth 13.4%    
Working Capital Ratio (years) 1.34    
Capacity Rating    
      (22.00)

Income Statement     (FYE 12/2007)

Revenue  
Primary Revenue $2,349,358
Other Revenue $137,942
Total Revenue $2,487,300
   
Expenses  
Program Expenses $2,699,417
Administrative Expenses $285,315
Fundraising Expenses $378,921
Total Functional Expenses $3,363,653
   
Payments to Affiliates $175,000
Excess (or Deficit) for the year $-1,051,353
   
Net Assets $6,354,934

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

The Steppingstone Foundation
155 Federal Street
8th Floor
Boston, MA 02110
tel: (617) 423-6300
fax: (617) 423-6303
EIN: 04-3086666

Contact Email
Visit Web Site

Leadership      (FYE 12/2007)

Name Title Compensation % of Expenses
Michael P. Danziger President, Founder (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) Not compensated --
Other Salaries of Note
Danielle Heard Executive VP of Programs and Operations (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) $141,000 4.19%
Kelly D. Glew Executive Vice President of Development (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) $111,000 3.29%
Yully Cha Academy Head (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) $74,750 2.22%

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

Founded in 1990, The Steppingstone Foundation develops and implements programs which prepare urban schoolchildren for educational opportunities that lead to college. The Steppingstone Academy prepares motivated urban schoolchildren for acceptance and success at top independent and public exam schools in the greater Boston area. After gaining admission to the Academy, scholars participate in a rigorous academic preparation component that spans 14 months. After completing the 14-month component, Steppingstone provides comprehensive support services, including college counseling, through middle and high school. After graduating from high school, scholars stay connected to Steppingstone through alumni relations.

Charities Performing Similar Types of Work

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The Steppingstone Foundation - MA 55.02
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