A Stepping Stone Foundation EIN 74-2567068 Form 990 (PDF) Claim this org

A Stepping Stone Foundation FY2024 filing

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Educates children and families to build pathways to success. For fiscal year 2024 it reported $682K in revenue, $824K in expenses, and $1.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Phoenix, AZ
Website
www.asteppingstone.org
Filings
6 on file (2020–2024)
Revenue
$682KFY2024
Expenses
$824K
Net assets
$1.1M
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  74-2567068 Public charity (501(c)(3)) Phoenix, AZ
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Educates children and families to build pathways to success.
Leadership
Gabriel Jimenez · Executive Director · $41K
Money in and out
$682K revenue, $824K expenses
Bottom line
71% program efficiency
Where the money goes · FY2024
Total revenue
$682K
Pt VIII · Ln 12
Total expenses
$824K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$142K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.11 Fundraising $0.18
Program efficiency
71%
of spending reaches programs
Operating runway
17.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-21%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$682K
FY2024▲ +4%
Expenses
$824K
FY2024▲ +35%
Total assets
$1.3M
FY2024▲ +6%
Total liabilities
$218K
FY2024▲ +319%
Total revenue
$682K
Pt VIII · Ln 12
Total expenses
$824K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$142K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CA Stepping Stone Foundation
EINHdr · item D74-2567068
Principal addressHdr · item CPhoenix, AZ
WebsiteHdr · item Jwww.asteppingstone.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFSep 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$40,729Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Gabriela Jimenez$91,503
Cynthia Gattorna$76,479$72,085$72,150$65,000
Gabriel Jimenez$40,729

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

2 program services account for $582K of program spending, described in the organization's own filed words · FY2023.
01

Our flagship program, leaf (literacy elevates arizona families) provided early childhood education and whole family literacy to disadvantged children and their parents, whose absence of english literacy put their children at risk of school failure and reduced life choices.

$582Kprogram expense
02

Actively partnered with local high schools to identify and reconnect with former preschool students in order to provide college scholarships (billie gannaway memorial, william o. Smith memorial, and ivey stepping higher) for former preschool students. We awarded 24 scholarships to students for a total of $24,103.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$605K · 89%
Investment income$77K · 11%
Contributions & grants89%$605K
Investment income11%$77K
— government grantsLn 1e$240K
Total revenueLn 12$682K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.11 Fundraising $0.18
Program services71%$582K
Management & general11%$94K
Fundraising18%$149K
Total functional expensesLn 25$824K

Balance Sheet

Part X · end of year
CashLn 1$582K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$218K
Total net assetsLn 32$1.1M
Months of cash on handcomputed8.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses (Pt IX) $824K · Less non-cash grants $39K · Cash operating expenses/yr $785K
17.3 months
Where the money goes
Program services
Program services $582K · Total expenses $824K
71%
Management & General
Management & general $94K · Total expenses $824K
11%
Fundraising
Fundraising $149K · Total expenses $824K
18%
Cost to raise $1
Fundraising expense (3-yr avg) $125K · Solicited contributions (3-yr avg) $438K
$0.29 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $605K · Total revenue $682K
89%
Government reliance
Government grants $240K · Total revenue $682K
35%
Earned-income share
Program service revenue $0 · Total revenue $682K
0%
Investment reliance
Investment income $77K · Total revenue $682K
+11%
Program self-sufficiency
Program service revenue $0 · Total expenses $824K
0%
Growth & trend
Revenue growth (YoY)
This year $682K · Prior year $655K
+4%
Revenue CAGR
FY2019 $898K · FY2023 $682K
-7%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $682K · Expenses $824K
-21%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.1M · Total assets $1.3M
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $551K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
42%
People & payroll
Highest Reported Total Compensation
Individual Gabriel Jimenez · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $41K · Total expenses $824K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $212K · Total expenses $824K
26%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 11%
Fundraising cost ratio 25%
Revenue growth 4%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$35K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$388K revenue · ⤓ 990 PDF
FY2024$682K revenue · viewing · ⤓ 990 PDF
FY2023$655K revenue · ⤓ 990 PDF
FY2022$502K revenue · ⤓ 990 PDF
FY2021$528K revenue · ⤓ 990 PDF
FY2020$898K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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