THE STEPHEN C ROSE LEGACY FOUNDATION

EIN: 474730275 501(c)(3) Human Services

OLNEY, MD

Total Revenue
$5,579,124
Total Expenses
$4,500,591
Total Assets
$13,879,931
Net Assets
$11,167,734
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DC
Principal Officer
STEPHANIE BELL-ROSE
Phone
5715606614
Tax Period
2024-01-01 to 2024-12-31

THE STEPHEN C ROSE LEGACY FOUNDATION, founded in 2015, is a community nonprofit in the Human Services sector that reported $5.6M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.1M, a strong 19% operating margin.

Mission

THE STEPHEN C. ROSE LEGACY FOUNDATION (THE FOUNDATION), DOING BUSINESS AS THE STEVE FUND, A NONPROFIT ORGANIZATION, WAS INCORPORATED ON JULY 22, 2015. THE FOUNDATION IS A LEADING NATIONAL ORGANIZATION FOCUSED ON SUPPORTING THE MENTAL HEALTH AND EMOTIONAL WELL-BEING OF YOUNG PEOPLE. THE STEVE FUND'S MISSION IS TO PROMOTE THE MENTAL HEALTH AND EMOTIONAL WELLBEING OF UNDERSERVED YOUNG PEOPLE AS THEY TRANSITION FROM ADOLESCENCE INTO HIGHER EDUCATION, THROUGHOUT THEIR HIGHER EDUCATION EXPERIENCE, AND AS THEY TRANSITION INTO THE WORKFORCE SO THEY CAN ATTAIN PERSONAL, ACADEMIC, AND CAREER SUCCESS AND ACHIEVE THEIR FULL POTENTIAL. THE STEVE FUND WORKS WITH COLLEGES AND UNIVERSITIES, NONPROFITS, RESEARCHERS, MENTAL HEALTH EXPERTS, FAMILIES, AND YOUNG PEOPLE TO PROMOTE PROGRAMS AND STRATEGIES THAT BUILD UNDERSTANDING AND ASSISTANCE FOR THE MENTAL AND EMOTIONAL HEALTH OF THE NATION'S UNDERSERVED YOUNG PEOPLE.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,747,830
Program Service Revenue $359,550
Investment Income $471,744
Other Revenue $0
TOTAL REVENUE $5,579,124

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,172,620
Fundraising Expenses $116,070
Program Expenses $3,511,322
Other Expenses $3,327,971
TOTAL EXPENSES $4,500,591

Year-over-Year Comparison

2024 2023 Change
Revenue $5,579,124 $8,341,276 -0.3%
Expenses $4,500,591 $5,017,816 -0.1%
Net Income $1,078,533 $3,323,460 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
7
Employees
13
Volunteers
15

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
7
$343,645
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVAN M ROSE CO CHAIR 1.00
Officer Director
$0 $0 $0
STEPHANIE BELL-ROSE CO-CHAIR THRU 8/9/24 1.00
Officer Director
$0 $0 $0
STEPHANIE BELL-ROSE PRESIDENT AS OF 8/9/24 40.00
Officer Director
$0 $0 $0
MICHAEL OWENS TREASURER 1.00
Officer Director
$0 $0 $0
DR CHRISTOPHER ROSE SECRETARY 1.00
Officer Director
$0 $0 $0
GORDON BELL DIRECTOR 1.00
Director
$0 $0 $0
MELANIE BELL-MAYEDA DIRECTOR 1.00
Director
$0 $0 $0
VALERIE D BELL DIRECTOR 1.00
Director
$0 $0 $0
BYRON CLIFT BRELAND DIRECTOR 1.00
Director
$0 $0 $0
DR DOZENE GUISHARD DIRECTOR 1.00
Director
$0 $0 $0
DR DAVID HENDERSON DIRECTOR 1.00
Director
$0 $0 $0
DR JACQUELINE LONNEY DIRECTOR 1.00
Director
$0 $0 $0
DR CARLOTA OCAMPO DIRECTOR 1.00
Director
$0 $0 $0
ALEXANDRA WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
DAVID MCGHEE EXECUTIVE DIRECTOR THRU 8/9/24 40.00
Officer
$197,372 $0 $197,372
JANET WORMACK COO/CFO 40.00
Officer
$146,273 $0 $146,273
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
2024 $5,579,124 $4,500,591 $13,879,931 $1,078,533
2023 $8,341,276 $5,017,816 $13,792,357 $3,323,460
2022 $10,339,409 $5,255,684 $11,714,222 $5,083,725
2021 $4,241,794 $2,872,290 $6,157,698 $1,369,504
2020 $1,429,973 $1,562,952 $2,191,244 $-132,979
2019 $1,624,459 $1,517,297 $754,036 $107,162
2018 $1,153,489 $1,066,970 $911,880 $86,519
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