Nonprofit · EIN 04-3086666
STEPPINGSTONE FOUNDATION INC
Tax-exempt · BOSTON, MA 02110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $11,421,793 | $7,915,902 | $3,505,891 | $43,823,921 | $4,676,523 | $39,147,398 |
| June 30, 2024 | 990 | $17,275,470 | $7,018,636 | $10,256,834 | $35,121,586 | $761,217 | $34,360,369 |
| June 30, 2023 | 990 | $7,376,797 | $6,310,945 | $1,065,852 | $22,989,223 | $1,366,023 | $21,623,200 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,382,884
- Program service revenue
- $487,113
- Investment income
- $1,583,319
- Net gain from sales of assets
- $52,816
- Net income from fundraising events
- -$79,062
- Other revenue
- -$31,523
Expenses
- Grants and similar amounts paid
- $207,000
- Compensation of officers, directors and key employees
- $785,315
- Other salaries and wages
- $3,886,512
- Salaries, compensation and benefits (total)
- $5,504,102
- Professional fundraising fees
- $15,900
- Legal fees
- $15,424
- Accounting fees
- $55,613
- Occupancy
- $796,073
- Travel
- $30,287
- Depreciation
- $156,168
- Program services (functional)
- $5,673,431
- Management and general (functional)
- $898,599
- Fundraising (functional)
- $1,343,872
Balance sheet and other
- Total assets, start of year
- $35,121,586
- Total assets, end of year
- $43,823,921
- Total liabilities, end of year
- $4,676,523
- Net assets, end of year
- $39,147,398
- Land, buildings and equipment
- $373,934
- Publicly traded securities
- $32,477,139
- Net assets without donor restrictions
- $4,195,868
- Net assets with donor restrictions
- $34,951,530
- Gross unrelated business income
- $700
- Gross receipts
- $20,193,827
- Employees
- 142
- Volunteers
- 334
- Year formed
- 1990
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLY D GLEW | PRESIDENT & CEO Officer | 40 | $213,301 | $13,638 |
| KATE WOOD | CAO Officer | 40 | $178,752 | $32,822 |
| KERRY TIRRELL | CFOO Officer | 40 | $156,718 | $32,543 |
| CHRISTOPHER PARRIS | CPO Highest-paid employee | 40 | $134,973 | $22,566 |
| JANE VENTRONE | VP ACADEMIC PROGRAMS Highest-paid employee | 40 | $123,306 | $25,024 |
| KARIN ELLIOTT | EXEC DIRECTOR, NPEA Highest-paid employee | 40 | $119,861 | $7,801 |
| KATARINA NG | EVP PROGRAMS Highest-paid employee | 40 | $109,096 | $6,954 |
| ROBERT HENDERSON | CHAIR Trustee or director, Officer | 15 | $0 | $0 |
| DONAVAN BROWN | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER FULTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATE GILBANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN GOLDSTEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ISABELLE LORING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR STEPHANIE PINDER-AMAKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARIEN REID | DIRECTOR Trustee or director | 1 | $0 | $0 |
20 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAFAEL COFINO | DIRECTOR Trustee or director | 1 | $0 |
| MARY DRISCOLL | DIRECTOR Trustee or director | 1 | $0 |
| JOHN SIMON | DIRECTOR Trustee or director | 1 | $0 |
| RACHEL SKERRIT | DIRECTOR Trustee or director | 1 | $0 |
| SOFIA TEIXEIRA MISTRETTA | DIRECTOR Trustee or director | 1 | $0 |
| PERRY TRAQUINA | DIRECTOR Trustee or director | 1 | $0 |
| ALEX SACERDOTE | DIRECTOR Trustee or director | 1 | $0 |
| BETSY LIND DANZIGER | DIRECTOR Trustee or director | 1 | $0 |
| DOUGLASS WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| ERIN CONDRON | DIRECTOR Trustee or director | 1 | $0 |
| JENNY WEYMOUTH | DIRECTOR Trustee or director | 1 | $0 |
| DAVID CHANG | DIRECTOR Trustee or director | 1 | $0 |
| ALIXE CALLEN | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN JEFFERSON BONEY | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER BLOCK | DIRECTOR Trustee or director | 1 | $0 |
| TODD BLAND | DIRECTOR Trustee or director | 1 | $0 |
| JOANNE JACQUET ARAUJO | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN CONWAY | DIRECTOR Trustee or director | 1 | $0 |
| FABIAN FONDRIEST | TREASURER Trustee or director, Officer | 1 | $0 |
| NATASHA TELESFORD WILLIAMS | VICE CHAIR Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLY GLEW | PRESIDENT & CEO Officer | 40 | $199,476 | $12,207 |
| KATE WOOD | CAO Officer | 40 | $171,686 | $13,348 |
| KERRY TAVERNESE | CFOO Officer | 40 | $158,242 | $23,444 |
| CHRISTOPHER PARRIS | CPO Highest-paid employee | 40 | $119,319 | $16,702 |
| KARIN ELLIOTT | EXEC DIRECTOR, NPEA Highest-paid employee | 40 | $114,026 | $7,021 |
| MIGUEL URENA | SR. DIRECTOR IT Highest-paid employee | 40 | $110,645 | $10,239 |
| ROBERT HENDERSON | CHAIR Trustee or director, Officer | 15 | $0 | $0 |
| NATASHA TELESFORD WILLIAMS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| FABIAN FONDRIEST | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DONAVAN BROWN | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| JOANNE JACQUET ARAUJO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TODD BLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER BLOCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN CONWAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR VINCENT CHIANG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BETSY LIND DANZIGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARY DRISCOLL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATE GILBANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN GOLDSTEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ISABELLE LORING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR STEPHANIE PINDER-AMAKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALEX SACERDOTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN SIMON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RACHEL SKERRIT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SOFIA TEIXEIRA MISTRETTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PERRY TRAQUINA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNY WEYMOUTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN BONEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAFAEL COFINO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUGLASS WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALIXE CALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARIEN REID | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLY GLEW | PRESIDENT Officer | 40 | $193,250 | $11,779 |
| KATE WOOD | CAO Officer | 40 | $167,464 | $28,276 |
| KERRY L TAVERNESE | CFOO Officer | 40 | $152,217 | $10,842 |
| CHRISTOPHER E PARRIS | CPO Highest-paid employee | 40 | $115,200 | $14,841 |
| MIGUEL URENA | SR DIRECTOR IT Highest-paid employee | 40 | $103,805 | $7,802 |
| KARIN ELLIOTT | EXEC DIRECTOR, NPEA Highest-paid employee | 40 | $105,076 | $6,260 |
| ROBERT HENDERSON | CHAIR Trustee or director, Officer | 15 | $0 | $0 |
| DENISE JEFFERSON CASPER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| FABIAN FONDRIEST | TREASURER (AS OF 7/2022) Trustee or director, Officer | 1 | $0 | $0 |
| DONAVAN BROWN | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| JOANNE JACQUET ARAUJO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TODD BLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER BLOCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN CONWAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR VINCENT CHIANG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BETSY LIND DANZIGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARY DRISCOLL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATE GILBANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN GOLDSTEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAM HOLDING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSHUA LEVY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ISABELLE LORING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD MELVOIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR MARIEL NOVAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR STEPHANIE PINDER-AMAKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALEX SACERDOTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN SIMON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RACHEL SKERRIT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SOFIA TEIXEIRA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PERRY TRAQUINA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNY WEYMOUTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN BONEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAFAEL COFINO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUGLASS WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NATASHA TELESFORD WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 HIGH STREET SUITE 210, BOSTON, MA 02110-3036
- In care of
- % KERRY TAVERNESE
- Principal officer (990 for 2024)
- KELLY D GLEW, 200 HIGH STREET 210, BOSTON, MA 02110
- Signed the 990
- DONAVAN BROWN, BOARD CLERK
- Phone
- (617) 423-6300
- Website
- WWW.STEPPINGSTONE.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
STEPPINGSTONE PREPARES STUDENTS TO ACCESS, NAVIGATE, AND GRADUATE FROM COLLEGE. IN BOSTON, WE PROVIDE ACADEMIC, SOCIAL-EMOTIONAL, AND COLLEGE READINESS PROGRAMMING FROM AS EARLY AS FIFTH GRADE AND CONTINUING THROUGH COLLEGE GRADUATION. NATIONALLY, WE CONNECT THE PEOPLE, PRACTICES, AND INNOVATIONS ESSENTIAL FOR ELIMINATING BARRIERS TO COLLEGE AND CAREER SUCCESS.
Program accomplishments
- THE STEPPINGSTONE SCHOLARS PROGRAM IN BOSTON ADMITS MOTIVATED FIFTH- AND SIXTH-GRADERS TO PARTICIPATE IN AN INTENSIVE AFTER-SCHOOL AND SUMMER ACADEMIC PROGRAM DESIGNED TO HELP THEM GAIN ADMISSION TO AN INDEPENDENT OR PUBLIC EXAM SCHOOL IN THE SIXTH OR SEVENTH GRADE.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, CAREER READY. EACH YEAR, THE STEPPINGSTONE SCHOLARS PROGRAM SERVES APPROXIMATELY 1,250 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 $4,787,272 · revenue $40,261
- 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. AT THE END OF FISCAL YEAR 2025, NPEA HAD 232 MEMBERS FROM ALL ACROSS THE COUNTRY, INCLUDING EDUCATIONAL NONPROFITS, SCHOOLS, AND COLLEGES & UNIVERSITIES, AND MORE THAN 850 EDUCATORS IN THE NETWORK. NPEA MEMBERS HAVE ACCESS TO BEST PRACTICE SHARING, NETWORKING, PROFESSIONAL DEVELOPMENT OPPORTUNITIES, INCLUDING AN ANNUAL CONFERENCE, REGIONAL GATHERINGS, A CAREER CENTER, NEWSLETTERS AND DIGESTS, AND PRODUCTS AND SERVICES OFFERED THROUGH NPEA'S PARTNERSHIPS WITH OTHERS IN THE FIELD OF EDUCATION.Expenses $678,959 · revenue $493,691
- THE ORGANIZATION RECEIVES CONTRIBUTIONS TO PROVIDE COLLEGE SCHOLARSHIPS TO SCHOLARS TO 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 $207,200 · grants $207,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3086666
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Group exemption
- Exempt since
- 1991
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B280)
- Group exemption
- 4345
- Assets (IRS master file)
- $43,823,921
- Income (IRS master file)
- $20,193,827
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $11,421,793 | $7,915,902 | $43,823,921 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $17,275,470 | $7,018,636 | $35,121,586 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $7,376,797 | $6,310,945 | $22,989,223 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $16,364,119 | $5,552,574 | $21,511,521 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | $9,798,943 | $4,738,089 | $13,331,148 | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3086666).
Questions about STEPPINGSTONE FOUNDATION INC
- What is the EIN of STEPPINGSTONE FOUNDATION INC?
- The employer identification number (EIN) of STEPPINGSTONE FOUNDATION INC is 04-3086666.
- Is STEPPINGSTONE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to STEPPINGSTONE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Group exemption).
- Which annual return does STEPPINGSTONE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of STEPPINGSTONE FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STEPPINGSTONE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of STEPPINGSTONE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names KELLY D GLEW.
- Who are the officers and directors of STEPPINGSTONE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 35 people; 7 received compensation from the organization, the highest $213,301 (KELLY D GLEW, PRESIDENT & CEO).
- How much revenue does STEPPINGSTONE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $11,421,793, expenses of $7,915,902 and total assets of $43,823,921 at year end.
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