Quick charity verification for Steppingstone Day School Inc (EIN: 112658604)
Verdict: Steppingstone Day School Inc appears trustworthy
92/100Mission Score
$24.3MRevenue
$8.4MAssets
1Red Flags
4Strengths
Red Flags
Consistently high liabilities relative to assets, suggesting reliance on external funding or operational debt.
Strengths
Consistent reporting of 0% officer compensation across all filings.
Very high program spending efficiency due to tight revenue-expense margins.
Steady revenue growth over the past decade, indicating expanding services.
Clear mission alignment with NTEE code B28Z (Special Education).
Spending Breakdown
How Steppingstone Day School Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
4%
Admin Costs
Reasonable — admin costs in check
1%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Steppingstone Day School Inc
Is Steppingstone Day School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Steppingstone Day School Inc (EIN: 112658604) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Steppingstone Day School Inc a good charity to donate to?
Steppingstone Day School Inc has a Mission Score of 92/100. Revenue: $24.3M. Assets: $8.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Steppingstone Day School Inc?
The Employer Identification Number (EIN) for Steppingstone Day School Inc is 112658604. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Steppingstone Day School Inc spend its money?
Steppingstone Day School Inc allocates 95% to programs, 4% to administration, and 1% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Steppingstone Day School Inc's tax-exempt status?
You can verify Steppingstone Day School Inc's tax-exempt status using EIN 112658604 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Steppingstone Day School Inc. demonstrates consistent financial operations with revenues closely matching expenses across all reported periods. For instance, in 2023, revenue was $21,323,473 against expenses of $21,015,863, indicating a very lean operational margin. This pattern suggests a focus on direct program delivery rather than accumulating significant surpluses. The organization's assets have shown growth, increasing from $4,886,244 in 2014 to $7,010,267 in 2023, which is a positive trend for long-term stability. However, the liabilities have also grown proportionally, indicating that asset growth may be tied to increased operational scale rather than substantial unrestricted reserves.
The organization's spending efficiency appears high given the tight margins between revenue and expenses. This suggests that a large portion of funds are directly utilized for its mission. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a commitment to directing resources towards programs rather than executive salaries. This practice is highly commendable and contributes positively to its overall financial health and public trust. The NTEE code B28Z (Special Education) aligns with the organization's name, suggesting a clear mission focus.