Logo for "STEPPINGSTONE SCHOLARS INC"

STEPPINGSTONE SCHOLARS INC
Closed

STEPPINGSTONE SCHOLARS INC
Closed

PHILADELPHIA, PA, US
501(c)3
EIN
42-1612131
Logo for "STEPPINGSTONE SCHOLARS INC"

STEPPINGSTONE SCHOLARS INC
Closed

PHILADELPHIA, PA, US
501(c)3
EIN
42-1612131

Overview

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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.

Est.

2003

Fiscal Year Start

Sep 1

Organization Type

Grantseeker
AI Summary
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Steppingstone Scholars Inc, an educational social mobility organization based in Philadelphia, focuses on providing pathways to college and the workforce for low-income students, particularly in the areas of elementary and secondary education as well as special needs education. With an operating budget of $4.4 million and total revenue of $3.2 million in 2023, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.steppingstonescholars.org.

Mission Statement

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.
Revenues

$3.2M

Expenses

$4.5M

Net Income:
-$1.3M
Assets

$0

Liabilities

$0

Net Assets:
+$0
Operating Budget

$4.4M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$35K
Largest grant received
$35K
S
Sean E Vereen
Board Member
A
Anthony Gay
Board Member
E
Erinn Corbett-Wright
Board Member

Frequently Asked Questions

What is STEPPINGSTONE SCHOLARS INC’s budget?
In 2023, STEPPINGSTONE SCHOLARS INC reported an annual operating budget of around $4.4 million. More detailed financial information is available to registered users.
What causes does STEPPINGSTONE SCHOLARS INC support?
STEPPINGSTONE SCHOLARS INC supports work in Special needs education and Elementary and secondary education.
Where does STEPPINGSTONE SCHOLARS INC operate?
STEPPINGSTONE SCHOLARS INC is headquartered in PHILADELPHIA, PA.
Who funded STEPPINGSTONE SCHOLARS INC recently?
In 2025, STEPPINGSTONE SCHOLARS INC received grants from DELOITTE FOUNDATION, DELOITTE FOUNDATION, and Temple University - Of The Commonwealth System of Higher Education. More information on this organization’s funders is available to registered users.
What is the largest grant STEPPINGSTONE SCHOLARS INC received in 2024?
The largest grant to STEPPINGSTONE SCHOLARS INC in 2024 exceeds $35 thousand.
What is STEPPINGSTONE SCHOLARS INC’s reliance on government grants?
STEPPINGSTONE SCHOLARS INC relied on government grants for more than 5% of their total revenue in 2023.
Overview
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