STEPPINGSTONE SCHOLARS INCClosed
Closed
Income Statement
Fiscal Year Start:
Sep 1
Closed
This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2023
$3,197,872
Contributions
51%
Program Services
34%
Government Grants
8%
Investments
6%
Other
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023
$4,453,250
Salaries & Benefits
85%
Other
5%
Fees to Service Providers
5%
Offices, Occupancy & IT
4%
Grants
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2022
2023
Change
Contributions
$14,085,060
$1,643,947
-88%
Government Grants
$339,650
$243,331
-28%
Fundraising Events
$0
$0
-
Program Services
$1,331,795
$1,091,208
-18%
Membership Dues
$0
$0
-
Investments
$195,369
$180,018
-8%
Other
-$53,581
$39,368
-173%
Total Revenues
$15,898,293
$3,197,872
-80%
Expenses
2022
2023
Change
Grants
$54,000
$100,096
+85%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,928,543
$3,767,174
-4%
Fees to Service Providers
$280,591
$207,240
-26%
Advertising & Promotion
$0
$2,627
-
Offices, Occupancy & IT
$247,409
$162,563
-34%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$743,884
$213,550
-71%
Total Expenses
$5,254,427
$4,453,250
-15%
Net income
2022
2023
Change
Net income
+$10,643,866
-$1,255,378
-112%
Functional Expenses
Summary
2022
2023
Change
Program
$3,719,368
$3,118,873
-16%
Admin
$1,152,244
$996,617
-14%
Fundraising
$382,815
$337,760
-12%
Total Expenses
$5,254,427
$4,453,250
-15%
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