STEPPINGSTONE SCHOLARS INC

PHILADELPHIA, PA, 19122 (215) 204-4012 Est. 2003 EIN 42-1612131

990 - Public charity return

www.steppingstonescholars.org

Mission

STEPPINGSTONE SCHOLARS IS AN EDUCATIONAL SOCIAL MOBILITY ORGANIZATION. FOR LOW INCOME STUDENTS IN THE CITY OF PHILADELPHIA, THERE ARE OFTEN NO CLEAR PATHWAYS TO COLLEGE OR THE WORKFORCE. SINCE 1999, STEPPINGSTONE HAS BEEN WORKING TO ADDRESS THIS SYSTEMIC PROBLEM BY CREATING NOT JUST ONE PATHWAY, BUT MANY.

Financials

Total Revenue

$3,197,872

Total Expenses

$4,453,250

Net Assets

$0

221 employees 50 volunteers

From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve

0.0 months Low

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 79.9%

Expenses ↓ 15.2%

Revenue Sources

Contributions 59.0% Earned revenue 34.1% Investment 6.9%

Expense Breakdown

Program 70.0% Management 22.4% Fundraising 7.6%

Officers & Key Employees (23)

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Grants Received (76)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2022 990 - Public charity return Sep 1, 2022 to Jun 30, 2023	$3,197,872 ↓	$4,453,250	$0
2021 990 - Public charity return Sep 1, 2021 to Aug 31, 2022	$15,898,293 ↑	$5,254,427	$17,656,179
2020 990 - Public charity return Sep 1, 2020 to Aug 31, 2021	$5,012,053 ↑	$4,083,735	$7,860,662
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$3,453,861 ↑	$2,466,932	$5,957,646
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$2,337,594	$2,203,107	$4,878,859