Stepping Stones Charter Elementary Inc is located in Houston, TX. The organization was established in 2004. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 08/2022, Stepping Stones Charter Elementary Inc employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stepping Stones Charter Elementary Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Stepping Stones Charter Elementary Inc generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $8.2m during the year ending 08/2022. While expenses have increased by 14.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPEN ENROLLMENT PUBLIC CHARTER ELEMENTARY SCHOOL - GRADES PRE-K THROUGH 8TH
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPEN ENROLLMENT PUBLIC CHARTER ELEMENTARY SCHOOL - GRADES PRE-K THROUGH 8TH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Clark Superintendent | Officer | 40 | $172,533 |
Rosa Woodfork Board President | OfficerTrustee | 1 | $0 |
Debra Greenwood Secretary | OfficerTrustee | 1 | $0 |
Mark Eyring CPA Treasurer | OfficerTrustee | 1 | $0 |
Stacy Sederis Vice President | OfficerTrustee | 1 | $0 |
Brenda Scott Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
The Walden School Inc Building Rent | 8/30/22 | $295,200 |
Abundmer Inc Building Rent | 8/30/22 | $123,396 |
Asantos Remodeling Mtce,repair,remodeling | 8/30/22 | $149,619 |
The Healthy Lunch Box Food=catering | 8/30/22 | $595,252 |
Petereit Investments Inc Building Rent | 8/30/22 | $421,243 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $8,317,628 |
All other contributions, gifts, grants, and similar amounts not included above | $2,700 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,320,328 |
Total Program Service Revenue | $17,270 |
Investment income | $220 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,337,818 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $172,533 |
Compensation of current officers, directors, key employees. | $172,533 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,615,946 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $457,355 |
Payroll taxes | $69,426 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,015 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $153,281 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $887,639 |
Travel | $27,046 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $91,641 |
Insurance | $8,827 |
All other expenses | $248,568 |
Total functional expenses | $8,185,829 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $565,137 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $751,288 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $23,108 |
Net Land, buildings, and equipment | $521,519 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,861,052 |
Accounts payable and accrued expenses | $169,683 |
Grants payable | $0 |
Deferred revenue | $350 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $170,033 |
Net assets without donor restrictions | $521,520 |
Net assets with donor restrictions | $1,169,499 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,861,052 |
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