STEPPINGSTONE FOUNDATION INC (EIN 043086666) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

KELLY D GLEW

Phone

6174236300

Tax Period

2024-07-01 to 2025-06-30

STEPPINGSTONE FOUNDATION INC, founded in 1990, is a mid-sized nonprofit in the Education sector that reported $11.4M in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3.5M, a strong 31% operating margin.

Mission

STEPPINGSTONE PREPARES STUDENTS TO ACCESS, NAVIGATE, AND GRADUATE FROM COLLEGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,382,884

Program Service Revenue $487,113

Investment Income $1,583,319

Other Revenue $-31,523

TOTAL REVENUE $11,421,793

Expense Breakdown

Grants Paid $207,000

Salaries & Benefits $5,504,102

Fundraising Expenses $1,343,872

Program Expenses $5,673,431

Other Expenses $2,188,900

TOTAL EXPENSES $7,915,902

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,421,793	$17,275,470	-0.3%
Expenses	$7,915,902	$7,018,636	+0.1%
Net Income	$3,505,891	$10,256,834	-0.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

142

Volunteers

334

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$627,774

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT HENDERSON	CHAIR	15.00	Officer Director	$0	$0	$0
DONAVAN BROWN	CLERK	1.00	Officer Director	$0	$0	$0
JENNIFER FULTON	DIRECTOR	1.00	Director	$0	$0	$0
KATE GILBANE	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN GOLDSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
ISABELLE LORING	DIRECTOR	1.00	Director	$0	$0	$0
DR STEPHANIE PINDER-AMAKER	DIRECTOR	1.00	Director	$0	$0	$0
DARIEN REID	DIRECTOR	1.00	Director	$0	$0	$0
RAFAEL COFINO	DIRECTOR	1.00	Director	$0	$0	$0
MARY DRISCOLL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN SIMON	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL SKERRIT	DIRECTOR	1.00	Director	$0	$0	$0
SOFIA TEIXEIRA MISTRETTA	DIRECTOR	1.00	Director	$0	$0	$0
PERRY TRAQUINA	DIRECTOR	1.00	Director	$0	$0	$0
ALEX SACERDOTE	DIRECTOR	1.00	Director	$0	$0	$0
BETSY LIND DANZIGER	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLASS WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
ERIN CONDRON	DIRECTOR	1.00	Director	$0	$0	$0
JENNY WEYMOUTH	DIRECTOR	1.00	Director	$0	$0	$0
DAVID CHANG	DIRECTOR	1.00	Director	$0	$0	$0
ALIXE CALLEN	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN JEFFERSON BONEY	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER BLOCK	DIRECTOR	1.00	Director	$0	$0	$0
TODD BLAND	DIRECTOR	1.00	Director	$0	$0	$0
JOANNE JACQUET ARAUJO	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN CONWAY	DIRECTOR	1.00	Director	$0	$0	$0
FABIAN FONDRIEST	TREASURER	1.00	Officer Director	$0	$0	$0
NATASHA TELESFORD WILLIAMS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KATE WOOD	CAO	40.00	Officer	$178,752	$32,822	$211,574
KERRY TIRRELL	CFOO	40.00	Officer	$156,718	$32,543	$189,261
KELLY D GLEW	PRESIDENT & CEO	40.00	Officer	$213,301	$13,638	$226,939
CHRISTOPHER PARRIS	CPO	40.00	Highest	$134,973	$22,566	$157,539
KATARINA NG	EVP PROGRAMS	40.00	Highest	$109,096	$6,954	$116,050
KARIN ELLIOTT	EXEC DIRECTOR, NPEA	40.00	Highest	$119,861	$7,801	$127,662
JANE VENTRONE	VP ACADEMIC PROGRAMS	40.00	Highest	$123,306	$25,024	$148,330

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$11,421,793	$7,915,902	$43,823,921	$3,505,891
2024	$17,275,470	$7,018,636	$35,121,586	$10,256,834
2023	$7,376,797	$6,310,945	$22,989,223	$1,065,852
2022	$16,364,119	$5,552,574	$21,511,521	$10,811,545
2021	$9,798,943	$4,738,089	$13,331,148	$5,060,854
2020	$5,072,274	$4,878,670	$7,361,021	$193,604
2019	$6,004,280	$5,008,135	$6,321,522	$996,145

STEPPINGSTONE FOUNDATION INC