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Education : Youth Education Programs and Services

The Steppingstone Foundation

Life. Transforming. Results.

three stars

81.68

One Appleton Street 4th Floor
Boston, MA 02116
tel: (617) 423-6300   Web Site
EIN: 04-3086666

Board Leadership
Isabelle Loring
Chair

CEO
Kelly Glew
President

  Score
(out of 100)
Rating
Overall Score & Rating 81.68 three stars
  Financial 74.10 two stars
  Accountability & Transparency 100.00 four stars
This rating was published 05/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1990, The Steppingstone Foundation is a non-profit organization that develops and implements programs that prepare underserved students for educational opportunities that lead to college success.

Each Scholar commits in fourth or fifth grade to the hard work necessary to earn their college degree. In return, we commit to supporting them every step of the way during the 12+ years they are with us. We provide intensive academic preparation and support during out-of-school time hours, supplemented by social-emotional, college-readiness, and in-college support services that assist Scholars as they complete elementary school and then progress through middle school, high school, and college.

Founded in 1990, The Steppingstone Foundation is a non-profit organization that develops and implements programs that prepare underserved students for educational opportunities that lead to college success.

Each Scholar commits in fourth or fifth grade to the hard work necessary to earn their college degree. In return, we commit to supporting them every step of the way during the 12+ years they are with us. We provide intensive academic preparation and support during out-of-school time hours, supplemented by social-emotional, college-readiness, and in-college support services that assist Scholars as they complete elementary school and then progress through middle school, high school, and college.

Impact Information

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This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

two stars

74.10

Accountability & Transparency

four stars

100.00

This rating was published 05/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
73.1%
  Administrative Expenses 9.4%
  Fundraising Expenses 17.3%
  Fundraising Efficiency $0.16
  Working Capital Ratio (years) 0.73
  Program Expenses Growth -1.1%
  Liabilities to Assets 9.5%
All data for Financial Performance Metrics calculations was provided by The Steppingstone Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Steppingstone Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Steppingstone Foundation (MA) 81.68 three stars
826 Valencia (CA) 88.94 three stars
HEAF (NY) 87.23 three stars
Let's Get Ready (NY) 90.17 four stars
Youth On Their Own (AZ) 89.11 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $5,295,009
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,316,115
   Related Organizations $0
   Government Grants $0
Total Contributions $6,611,124
   Program Service Revenue $422,596
Total Primary Revenue $7,033,720
   Other Revenue $169,039
TOTAL REVENUE $7,202,759
   
EXPENSES  
   Program Expenses $3,640,912
   Administrative Expenses $466,621
   Fundraising Expenses $740,984
TOTAL FUNCTIONAL EXPENSES $4,848,517
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,354,242
   
Net Assets $4,906,283

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Steppingstone Academy $2,197,477 60.4%
College Success Academy $959,329 26.3%
National Partnership for Educational Access $468,741 12.9%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 05/01/2019 81.68 three stars
2017-06 04/01/2018 80.29 three stars
2015-12 09/01/2017 81.90 three stars
2014-12 12/01/2016 82.57 three stars
2014-12 06/01/2016 82.57 three stars
 
CN 2.0
2014-12 12/01/2015 86.40 three stars
2013-12 06/01/2015 87.54 three stars
2012-12 11/01/2013 88.52 three stars
2011-12 06/01/2013 90.29 four stars
2010-12 04/01/2012 85.39 three stars
2009-12 09/20/2011 90.74 four stars
 
CN 1.0
2009-12 06/01/2011 87.08 three stars
2008-12 07/01/2010 90.55 four stars
2007-12 04/01/2009 85.02 three stars
2006-12 07/01/2008 82.71 three stars
2005-12 08/01/2007 94.81 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-3086666
Name in IRS Master File STEPPINGSTONE FOUNDATION INC
NTEE Code B28
NTEE Classification Specialized Education Institutions
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (149) Other instruction and training
(30) School, college, trade school, etc.
Foundation Status School 170(b)(1)(A)(ii)
Deductibility Contributions are deductible
Affiliation Central - the organization is a parent (group ruling) and is not a church or 501(c)(1) organization.
Group Name STEPPINGSTONE FOUNDATION INC
Ruling Date April, 1991
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$140,199 2.89% Kelly D. Glew President

Highly Rated

Charity Name & State Overall Score Overall Rating
The Steppingstone Foundation (MA) 81.68 three stars
New Jersey SEEDS (NJ) 90.41 four stars
Living Classrooms Foundation (MD) 90.59 four stars
826 Valencia (CA) 88.94 three stars
Taco Bell Foundation (CA) 92.38 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Steppingstone Foundation
One Appleton Street
4th Floor
Boston, MA 02116
tel: (617) 423-6300
fax: (617) 423-6303
EIN: 04-3086666

Visit Web Site

Board Leadership

Isabelle Loring
Chair

CEO

Kelly Glew
President

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