Steppingstone Day School Inc
Steppingstone Day School Inc. consistently operates with minimal surplus and reports 0% officer compensation.
EIN: 112658604 · Flushing, NY · NTEE: B28Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24.3M |
| Total Expenses | $21.0M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $1.8M |
| Transparency Score | 92/100 |
Search Intent Cockpit
Steppingstone Day School Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Steppingstone Day School Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Steppingstone Day School Inc in one place.
Form 990 Filing Summary
12 filing years are available, with latest revenue of $21.3M and expenses of $21.0M.
Revenue and Expenses
Steppingstone Day School Inc reported $21.3M in revenue and $21.0M in expenses, a surplus of $308K.
Executive Compensation
Top officer compensation appears as $20 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
92/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Steppingstone Day School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $20.0M (95%) |
Across stored filings, Steppingstone Day School Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 95% to programs | Excellent |
| Financial durability | Grade A | 12 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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Flushing, NY nonprofitsEducation in New York
Education in New York
Follow the Money
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Keep the Investigation Moving
Steppingstone Day School Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Steppingstone Day School Inc
Steppingstone Day School Inc (EIN: 112658604) is a nonprofit organization based in Flushing, NY, classified under NTEE code B28Z. The organization reported total revenue of $24.3M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steppingstone Day School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Steppingstone Day School Inc is a large nonprofit that has been operating for 41 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.3M |
| Total Expenses | $21.0M |
| Surplus / Deficit | +$308K |
| Total Assets | $7.0M |
| Total Liabilities | $5.2M |
| Net Assets | $1.8M |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 74.7% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, Steppingstone Day School Inc reported a surplus of $308K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 74.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Steppingstone Day School Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.9% | +11.5% | +22.8% |
| 2022 | +10.1% | +10.1% | -17.4% |
| 2021 | -3.8% | -4.1% | +41.7% |
| 2020 | -1.6% | -1.4% | -5.2% |
| 2019 | +-0.0% | +-0.0% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Steppingstone Day School Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 4%
- programs: 95%
- fundraising: 1%
According to IRS 990 filings, Steppingstone Day School Inc allocates its expenses as follows: admin: 4%, programs: 95%, fundraising: 1%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $308K, with revenue exceeding expenses.
- Debt-to-asset ratio: 74.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is exceptional for an organization of this size with revenues exceeding $20 million, indicating a strong commitment to directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Steppingstone Day School Inc's IRS 990 filings:
- Consistently high liabilities relative to assets, suggesting reliance on external funding or operational debt.
Strengths
The following positive indicators were identified for Steppingstone Day School Inc:
- 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).
Frequently Asked Questions about Steppingstone Day School Inc
Is Steppingstone Day School Inc a legitimate charity?
Steppingstone Day School Inc (EIN: 112658604) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $24.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Steppingstone Day School Inc spend its money?
Steppingstone Day School Inc directs 95% of its spending to programs and services. Fundraising costs 1%. This exceeds the 65% industry benchmark.
Are donations to Steppingstone Day School Inc tax-deductible?
Steppingstone Day School Inc is registered as a tax-exempt nonprofit (EIN: 112658604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Steppingstone Day School Inc CEO make?
Steppingstone Day School Inc's highest-compensated officer earns $20 annually. The organization reported $24.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Steppingstone Day School Inc's spending goes to programs?
Steppingstone Day School Inc directs 95% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Steppingstone Day School Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Steppingstone Day School Inc is above average for NTEE category B28Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Steppingstone Day School Inc located?
Steppingstone Day School Inc is headquartered in Flushing, New York and files with the IRS under EIN 112658604. It is classified under NTEE code B28Z.
How many years of IRS 990 filings does Steppingstone Day School Inc have?
Steppingstone Day School Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $24.3M in total revenue.
Is Steppingstone Day School Inc. a good charity?
Based on the provided financial data, Steppingstone Day School Inc. appears to be a very good charity. It consistently operates with very tight margins, indicating efficient use of funds, and notably reports 0% officer compensation, which is a strong positive indicator of financial integrity and mission focus.
How has Steppingstone Day School Inc.'s revenue grown over time?
Steppingstone Day School Inc. has shown consistent revenue growth, increasing from $16,816,589 in 2014 to $21,323,473 in 2023, demonstrating a steady expansion of its operations and services.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all 12 available filings, indicating that no salaries or benefits are paid to its officers, which is an extremely rare and positive financial practice for a nonprofit of this scale.
Does Steppingstone Day School Inc. maintain healthy asset levels?
Yes, the organization's assets have grown from $4,886,244 in 2014 to $7,010,267 in 2023, indicating a positive trend in its financial stability and capacity.
Filing History
IRS 990 filing history for Steppingstone Day School Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Steppingstone Day School Inc's revenue has grown by 26.3%, moving from $16.9M to $21.3M. Total assets increased by 36.5% over the same period, from $5.1M to $7.0M. Total functional expenses rose by 23.9%, from $17.0M to $21.0M. In its most recent filing year (2023), Steppingstone Day School Inc reported a surplus of $308K, with revenue exceeding expenses. The organization holds $5.2M in liabilities against $7.0M in assets (debt-to-asset ratio: 74.7%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.3M | $21.0M | $7.0M | $5.2M | — | View 990 |
| 2022 | $18.9M | $18.8M | $5.7M | $4.2M | — | View 990 |
| 2021 | $17.1M | $17.1M | $6.9M | $5.5M | — | View 990 |
| 2020 | $17.8M | $17.9M | $4.9M | $3.5M | — | View 990 |
| 2019 | $18.1M | $18.1M | $5.1M | $3.7M | — | View 990 |
| 2018 | $18.1M | $18.1M | $5.2M | $3.8M | — | View 990 |
| 2017 | $17.5M | $17.5M | $4.9M | $3.4M | — | View 990 |
| 2016 | $17.3M | $17.3M | $5.3M | $3.9M | — | View 990 |
| 2015 | $16.9M | $17.0M | $4.5M | $3.0M | — | View 990 |
| 2014 | $16.8M | $16.8M | $4.9M | $3.4M | — | View 990 |
| 2013 | $16.7M | $16.8M | $5.1M | $3.6M | — | View 990 |
| 2012 | $16.9M | $17.0M | $5.1M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.3M, expenses of $21.0M, and assets of $7.0M (revenue +12.9% year-over-year).
- 2022: Revenue of $18.9M, expenses of $18.8M, and assets of $5.7M (revenue +10.1% year-over-year).
- 2021: Revenue of $17.1M, expenses of $17.1M, and assets of $6.9M (revenue -3.8% year-over-year).
- 2020: Revenue of $17.8M, expenses of $17.9M, and assets of $4.9M (revenue -1.6% year-over-year).
- 2019: Revenue of $18.1M, expenses of $18.1M, and assets of $5.1M (revenue +-0.0% year-over-year).
- 2018: Revenue of $18.1M, expenses of $18.1M, and assets of $5.2M (revenue +3.5% year-over-year).
- 2017: Revenue of $17.5M, expenses of $17.5M, and assets of $4.9M (revenue +1.4% year-over-year).
- 2016: Revenue of $17.3M, expenses of $17.3M, and assets of $5.3M (revenue +2.1% year-over-year).
- 2015: Revenue of $16.9M, expenses of $17.0M, and assets of $4.5M (revenue +0.6% year-over-year).
- 2014: Revenue of $16.8M, expenses of $16.8M, and assets of $4.9M (revenue +0.6% year-over-year).
- 2013: Revenue of $16.7M, expenses of $16.8M, and assets of $5.1M (revenue -1.0% year-over-year).
- 2012: Revenue of $16.9M, expenses of $17.0M, and assets of $5.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Steppingstone Day School Inc:
Data Sources and Methodology
This transparency report for Steppingstone Day School Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.