nonprofit logo

Steppingstone Scholars Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421612131 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Steppingstone Scholars Inc?

Steppingstone Scholars Inc, located in Philadelphia, Pennsylvania, is a nonprofit organization dedicated to providing educational support and resources to underprivileged students in the city. With a mission to bridge the gap between limited opportunities and higher education or the workforce, Steppingstone has been making a difference since 1999. Their approach goes beyond a single pathway, offering a range of programs, including the Academy, Pathways, and Ventures, to cater to the diverse needs of approximately 2,500 students annually. Through these initiatives, Steppingstone Scholars help students navigate their educational journeys and prepare for successful careers, ultimately producing engaged citizens ready to contribute to the dynamic workforce. The organization has a team of 173 employees committed to making a lasting impact on the lives of those they serve.


Official website here: www.steppingstonescholars.org

Is Steppingstone Scholars Inc legitimate?

Steppingstone Scholars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steppingstone Scholars Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $246,290
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,118,257

For more financial information, click here


Official website here: www.steppingstonescholars.org

What is the mission statement of Steppingstone Scholars Inc?

Steppingstone Scholars is a non-profit organization focused on educational social mobility. For low-income students in areas where clear paths to college or the workforce are often absent, Steppingstone has been addressing this systemic issue since 1999 by creating multiple solutions instead of just one. Through strategic partnerships and substantial resources, Steppingstone provides long-term academic and enrichment support to educationally underserved students, producing engaged citizens prepared to enter the dynamic workforce. In the 2021-2022 academic year, Steppingstone served approximately 2,500 students through their Academy, Pathways, and Ventures programming.


Official website here: www.steppingstonescholars.org

Who is the CEO of Steppingstone Scholars Inc?

Sean E Vereen is the Vice Chair of Steppingstone Scholars Inc.


Official website here: www.steppingstonescholars.org

What is the revenue of Steppingstone Scholars Inc?

Steppingstone Scholars Inc's revenue in 2022 was $15,898,293.


Official website here: www.steppingstonescholars.org

Who are the executives of Steppingstone Scholars Inc and what are their salaries?

The average compensation at Steppingstone Scholars Inc during 2022 was $19,448. There are 173 employees and 50 volunteers at Steppingstone Scholars Inc.

Here are 27 key members and their salaries:

    Sean Vereen (President) [Trustee/Director]
  • Compensation: $246,292
  • Related: $0
  • Other: $9,852

    • Christopher Avery (Vice President Of Programs)
  • Compensation: $175,050
  • Related: $0
  • Other: $6,127

    • Paige Legrand (Vice President Of Development)
  • Compensation: $141,333
  • Related: $0
  • Other: $5,653

    • Tu-Quyen Nguyen (Chief Operating Officer)
  • Compensation: $131,500
  • Related: $0
  • Other: $5,260

    • Anthony Gay (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chandra Kee (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Jr Hirtle (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erinn Corbett-Wright (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fran F Walish End 102021 (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary A Deutsch (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gayle Gowen End 102021 (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grace Limaye (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Anderson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Jane C Greenspan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia A Conover (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Mccluskey End 102021 (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Sullivan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margo Lebovitz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Schrieber End 102021 (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Hand (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael J Ross (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pia Roychowdhury End 102021 (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Howard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reginald Browne (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Bailey Ross Moriniere (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Avery Munnings (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Rantanen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.steppingstonescholars.org

    Where can I find the form 990 for Steppingstone Scholars Inc?

    The Steppingstone Scholars Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.steppingstonescholars.org

    Learn more at the official website: www.steppingstonescholars.org

    Mission Statement of Steppingstone Scholars Inc

    Steppingstone Scholars Inc, an educational social mobility organization, has been addressing the issue of limited pathways to college and the workforce for low-income students in Philadelphia since 1999. Without clear-cut options, these students often face significant challenges in accessing higher education and career opportunities. In response, Steppingstone Scholars has taken an innovative approach, creating not just one but multiple pathways to success.

    Through strategic partnerships and high-impact resources, Steppingstone Scholars offers long-term, intensive academic and enrichment support for educationally underserved students. This unparalleled assistance in Philadelphia enables Steppingstone Scholars to produce engaged citizens ready to enter the dynamic workforce. The organization's robust college and career prep support services ensure that students are well-equipped to navigate their educational journeys and transition into the workforce with confidence. In the 2021-2022 academic year, Steppingstone Scholars served approximately 2,500 students through their Academy, Pathways, and Ventures programming.

    Steppingstone Scholars' mission is to make a significant impact on the lives of low-income students in Philadelphia by providing them with the tools, resources, and support they need to succeed. By offering intensive academic assistance, enrichment opportunities, and comprehensive college and career preparation services, Steppingstone Scholars is helping students break free from the cycle of poverty and create a brighter future for themselves.

    Impact

    This information is meant to be a general summary of Steppingstone Scholars Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Steppingstone Scholars Inc has had a significant impact on the educational and social mobility of low-income students in Philadelphia. By providing long-term, intense academic and enrichment support, the organization has created multiple pathways to college and the workforce for students who may not have had clear opportunities otherwise. Through strategic partnerships and high-impact resourcing, Steppingstone Scholars offers unmatched support in Philadelphia, producing engaged citizens who are prepared to enter a dynamic workforce.

    In the 2021-2022 academic year, Steppingstone Scholars served approximately 2,500 students through their various programs, including the Academy, Pathways, and Ventures programming. This level of reach demonstrates the organization's commitment to providing essential educational opportunities to those who need it most. The impact of Steppingstone Scholars Inc goes beyond just academic success, as they also offer robust college and career prep support services, ensuring that students are well-equipped for future success.

    Overall, Steppingstone Scholars Inc's impact can be seen in the transformative opportunities they provide for low-income students, empowering them to break the cycle of intergenerational poverty and build a brighter future for themselves and their communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $141,788
  • Program Service Revenue: $1,331,795
  • Gross Receipts: $16,756,263

    • Assets and Liabilities:
  • Total Assets: $17,894,964
  • Total Liabilities: $238,785
  • Net Assets: $17,656,179
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM INCOME

    Revenue

    $1,331,795

    Organization Details

    Founding Year

    2003

    Principal Officer

    Sean E Vereen

    Main Address

    1301 CECIL B MOORE AVE, PHILADELPHIA, PA, 19122

    NTEE Category

    Code: B20 - Education

    If you are a representative of Steppingstone Scholars Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.