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Vermont · Nonprofit

Stepping Stones Preschool

Stepping Stones Preschool (Vermont) receives grants from 3 organizations whose IRS filings report $28,300 to it, the largest being LET'S GROW KIDS INC ($20,000). 1 of them have funded it in more than one year.

Revenue FY2026
$252k
Funders on record
3
Grants received
$28k
Net assets
$17k
1/3 repeat funderspeak grant-dependency 28%
01What it does

What Stepping Stones Preschool does

Mission

The purpose of Steppings Stones Preschool is to promote the social, emotional, and intellectual development of children in the preschool and kindergarden age group. We provide a high-quality, play-based curriculum designed by integrating with the Vermont Early Learning Standards.

As stated on its FY2026 Form 990.

Program

  1. Preschool for children ages 1 to 6 years from Ludlow, Cavendish, and Mount Holly area.

    $185,440 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $185,440.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($96k) Expenses 100 ($137k) Net assets -93 ($-12725)2020 Revenue 227 ($218k) Expenses 140 ($191k) Net assets 100 ($14k)2021 Revenue 211 ($203k) Expenses 129 ($177k) Net assets 290 ($40k)2022 Revenue 235 ($226k) Expenses 194 ($265k) Net assets 6 ($766)2023 Revenue 298 ($286k) Expenses 188 ($257k) Net assets 219 ($30k)2024 Revenue 261 ($251k) Expenses 195 ($266k) Net assets 106 ($15k)2025 Revenue 201 ($193k) Expenses 164 ($225k) Net assets -128 ($-17616)2026 Revenue 262 ($252k) Expenses 159 ($218k) Net assets 123 ($17k)
'19'20'21'22'23'24'25'26
Revenue (262)Expenses (159)Net assets (123)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $41k to $766 (−98%).

$32
$23k
$41k
$766
$30k
$15k
$8k
$17k
'19'20'21'22'23'24'25'26
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

30% of Stepping Stones Preschool’s revenue is contributions — about as donation-reliant as the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$41k
’19
$26k
’20
$26k
’21
−$39k
’22
$29k
’23
−$15k
’24
−$32k
’25
$35k
’26
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2020202120222023202420252026
Listed5555454
Joined·+0+3+3+0+4+0
No longer listed·033131
03Who funds it

Who funds it, year by year

2017 → 2019: the base broadened from 1 funder to 2 funders, grant income rose $800 → $27k.

Funder
'17
'19
'24*
total
$20k
funders
1
2
1

From the IRS filings of Stepping Stones Preschool’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Stepping Stones Preschool leans on a few funders — its largest provides 71% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

71% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Stepping Stones Preschool.

71%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2019 74% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Stepping Stones Preschool's grant income comes from Vermont funders.

VT

In-state vs out-of-state, by year

’17
’19
Vermont out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Stepping Stones Preschool runs a healthier operating margin than half of the 625 education nonprofits its size.

Operating margin14% · above the median
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)15% · above the median

this organization peer median middle 50% of peers· 625 education nonprofits $100k–$1M, FY2026

Government funding Stepping Stones Preschool receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.2M on record.

State$1.2M
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Top programs
  • Child Care Subsidy Employ/Trai$1.0M
  • Child Care Subsidy Protect SVC$49k
  • Child Care Subsidy Family Supp$31k
  • CC Stabilization ARPA - Grants$30k
  • CCFAP Expansion Readiness$25k
  • Grants to Municipalities$21k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Stepping Stones Preschool

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Vermont

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

4
board members
0%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for Stepping Stones Preschool: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Stepping Stones Preschool?
Stepping Stones Preschool (Vermont) receives grants from 3 organizations whose IRS filings report $28,300 to it, the largest being LET'S GROW KIDS INC ($20,000). 1 of them have funded it in more than one year.
How many funders does Stepping Stones Preschool have?
IRS filings report 3 organizations giving $28,300 in grants to Stepping Stones Preschool, 1 of which have funded it in more than one year.
Who is the largest funder of Stepping Stones Preschool?
LET'S GROW KIDS INC is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
How can an organization like Stepping Stones Preschool find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Vermont. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Stepping Stones Preschool →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2019–2026), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing