2025-10-30T13:06:20-05:00 2024-12-31 231909723 MCKONLY & ASBURY LLP 415 FALLOWFIELD ROAD CAMP HILL PA 17011 990 2024-01-01 474730275 THE STEPHEN C ROSE LEGACY FOUNDATION STEP 5715606614 3470 OLNEY-LAYTONSVILLE ROAD 313 OLNEY MD 20832 DR JANET WORMACK CFO/COO 5715606614 2025-09-17 1 1 GARY J DUBAS P00252339 7177617910 2025-09-17 X 2024 2025-03-06 01:10:19Z X THE STEVE FUND STEPHANIE BELL-ROSE 3470 OLNEY-LAYTONSVILLE ROAD 313 OLNEY MD 20832 5579124 0 X STEVEFUND.ORG X 2015 DC THE STEPHEN C. ROSE LEGACY FOUNDATION (THE FOUNDATION), DOING BUSINESS AS THE STEVE FUND, A NONPROFIT ORGANIZATION, WAS INCORPORATED ON JULY 22, 2015. THE FOUNDATION IS A LEADING NATIONAL ORGANIZATION FOCUSED ON SUPPORTING THE MENTAL HEALTH AND EMOTIONAL WELL-BEING OF YOUNG PEOPLE. THE STEVE FUND'S MISSION IS TO PROMOTE THE MENTAL HEALTH AND EMOTIONAL WELLBEING OF UNDERSERVED YOUNG PEOPLE AS THEY TRANSITION FROM ADOLESCENCE INTO HIGHER EDUCATION, THROUGHOUT THEIR HIGHER EDUCATION EXPERIENCE, AND AS THEY TRANSITION INTO THE WORKFORCE SO THEY CAN ATTAIN PERSONAL, ACADEMIC, AND CAREER SUCCESS AND ACHIEVE THEIR FULL POTENTIAL. THE STEVE FUND WORKS WITH COLLEGES AND UNIVERSITIES, NONPROFITS, RESEARCHERS, MENTAL HEALTH EXPERTS, FAMILIES, AND YOUNG PEOPLE TO PROMOTE PROGRAMS AND STRATEGIES THAT BUILD UNDERSTANDING AND ASSISTANCE FOR THE MENTAL AND EMOTIONAL HEALTH OF THE NATION'S UNDERSERVED YOUNG PEOPLE. 13 7 13 15 0 0 7828063 4747830 397142 359550 113212 471744 2859 0 8341276 5579124 0 0 0 0 1224120 1172620 21600 0 116070 3772096 3327971 5017816 4500591 3323460 1078533 13792357 13879931 3728298 2712197 10064059 11167734 X THE FOUNDATION IS A LEADING NATIONAL ORGANIZATION FOCUSED ON SUPPORTING THE MENTAL HEALTH AND EMOTIONAL WELL-BEING OF YOUNG PEOPLE. THE STEVE FUND'S MISSION IS TO PROMOTE THE MENTAL HEALTH AND EMOTIONAL WELLBEING OF UNDERSERVED YOUNG PEOPLE AS THEY TRANSITION FROM ADOLESCENCE INTO HIGHER EDUCATION, THROUGHOUT THEIR HIGHER EDUCATION EXPERIENCE, AND AS THEY TRANSITION INTO THE WORKFORCE SO THEY CAN ATTAIN PERSONAL, ACADEMIC, AND CAREER SUCCESS AND ACHIEVE THEIR FULL POTENTIAL. THE STEVE FUND WORKS WITH COLLEGES AND UNIVERSITIES, NONPROFITS, RESEARCHERS, MENTAL HEALTH EXPERTS, FAMILIES, AND YOUNG PEOPLE TO PROMOTE PROGRAMS AND STRATEGIES THAT BUILD UNDERSTANDING AND ASSISTANCE FOR THE MENTAL AND EMOTIONAL HEALTH OF THE NATION'S UNDERSERVED YOUNG PEOPLE. 0 0 2001454 TRANSFORMING ENVIRONMENTS:THE STEVE FUND TRANSFORMS EDUCATIONAL, ORGANIZATIONAL, AND WORKPLACE ENVIRONMENTS SO THAT THEY ENHANCE THE MENTAL HEALTH AND EMOTIONAL WELLBEING OF ALL YOUNG PEOPLE.THROUGH THIS WORK, OVER 500K+ YOUNG PEOPLE AND MENTAL HEALTH AND EDUCATIONAL PROFESSIONALS WERE REACHED THROUGH PROGRAMS AND WORKSHOPS. FIFTY CAMPUSES HAVE BEEN ENGAGED IN OUR EXCELLENCE IN MENTAL HEALTH ON CAMPUS INITIATIVE. THE STEVE FUND SUPPORTS NONPROFIT LEADERSHIP AND STAFF WITH WORKSHOPS AND SEMINARS FACILITATED BY MENTAL HEALTH EXPERTS, AND IT FORMS STRATEGIC PARTNERSHIPS TO REACH NEW AUDIENCES AND INSTITUTIONS. DOZENS OF ORGANIZATIONS ARE ENGAGED ANNUALLY. FIFTEEN WORKPLACES HAVE PILOTED OUR SERVICES TO ADVANCE MENTAL HEALTH AMONG YOUNG EMPLOYEES THROUGH DEVELOPMENTALLY APPROPRIATE MENTAL HEALTH WORKSHOPS THROUGH DEVELOPMENTALLY APPROPRIATE MENTAL HEALTH WORKSHOPS, CONVENINGS, AND ONLINE PROGRAMMING. FOR HIGH SCHOOLS WE CONDUCT WORKSHOPS, SEMINARS, PEER SUPPORT GROUPS, WELLNESS CIRCLES AND PROVIDE ASYNCHRONOUS RESOURCES. 807604 359550 PROVIDING RESOURCES AND SKILLBUILDING DIRECTLY TO YOUNG PEOPLE AND THEIR FAMILIES:THE STEVE FUND PROVIDES RESOURCES AND SKILL BUILDING DIRECTLY TO UNDERSERVED YOUNG PEOPLE AND THEIR FAMILIES TO IMPROVE THEIR MENTAL HEALTH AND EMOTIONAL WELLBEING SO THEY CAN ATTAIN PERSONAL, ACADEMIC, AND CAREER SUCCESS AND ACHIEVE THEIR FULL POTENTIAL.BECAUSE ADOLESCENT HELP-SEEKING OFTEN REQUIRES ADULT "GATEKEEPERS" TO FACILITATE ENTRY INTO CARE, THE WAYS IN WHICH PARENTS AND CARETAKERS PERCEIVE MENTAL ILLNESS IMPACTS THE HELP-SEEKING OF YOUNG PEOPLE STRUGGLING WITH THEIR MENTAL HEALTH. ACCORDINGLY, THE STEVE FUND INVESTS IN CREATION AND DIGITAL DISSEMINATION OF ENGAGING, IMPACTFUL, AND COMPETENT MENTAL HEALTH RESOURCES FOR YOUNG PEOPLE AND THEIR FAMILIES / CAREGIVERS.SUPPORTED BY OUR DIGITAL TRANSFORMATION, WE USE A SUSTAINABLE, QUALITY-CONTROLLED PROCESS AND CADENCE OF PRODUCTION ENSURING THAT TIMELY AND HIGHLY RELEVANT MATERIALS AND OTHER RESOURCES ADDRESSING THE MOST SALIENT MENTAL HEALTH RISKS FACING OUR POPULATION ARE AVAILABLE ON A REAL-TIME BASIS TO YOUNG PEOPLE AND FAMILIES.IN ADDITION, THE STEVE FUND OFFERS DIRECT PROGRAMMING TO YOUNG PEOPLE AND FAMILIES THROUGH ITS WORK WITH EDUCATION INSTITUTIONS; THIS ENABLES THE STEVE FUND TO KEEP ITS PULSE ON THE NEEDS OF YOUNG PEOPLE AND FAMILIES. 702264 SHAPING THE FIELD:WE SHAPE THE FIELD TO DRIVE IMPROVEMENTS AND BROAD DELIVERY OF HIGH-QUALITY SUPPORTS FOR THE MENTAL HEALTH AND EMOTIONAL WELLBEING OF YOUNG PEOPLE, ESPECIALLY UNDERSERVED YOUNG PEOPLE.THOSE IN A POSITION TO HELP YOUNG PEOPLE (E.G., HIGHER ED, NONPROFIT, AND WORKPLACE LEADERS AND STAFF, MENTAL HEALTH PROVIDERS, FAMILIES, CAREGIVERS, POLICYMAKERS AND ADVOCATES, THE MEDIA) ARE INCREASINGLY IN NEED OF GREATER UNDERSTANDING OF THE CHALLENGES AND CLARITY ON SOLUTIONSTHE STEVE FUND LEVERAGES A REFINED SET OF APPROACHES TO LEAD THESE KEY STAKEHOLDERS TO TAKE ACTION: BY HOSTING ANNUAL CONFERENCES/CONVENINGS; CONDUCTING NATIONAL SURVEY ON THE STATE OF MENTAL HEALTH FOR YOUNG PEOPLE; CREATING HIGH-QUALITY DATA AND INSIGHTS TO GENERATE CREDIBLE, CONSISTENT THOUGHT LEADERSHIP; RAISING AWARENESS BY "GRABBING THE MIC; AND AMPLIFYING YOUTH VOICE. THESE ACTIVITIES INCREASE UNDERSTANDING OF THE RELEVANT ISSUES AND CLARITY ON THE SOLUTIONS, EQUIPPING STAKEHOLDERS TO TAKE ACTION, INVEST IN ADDRESSING THE CHALLENGES, AND KNOW WHAT TO INVEST IN TO SUPPORT YOUNG PEOPLE. OUR REACH AND IMPACT IN 2024: 2.1MILLION YOUNG PEOPLE REACHED THROUGH OUR WORK WITH FAMILIES, EDUCATIONAL INSTITUTIONS, WORKPLACES AND NONPROFITS. OVER 120 PLUS PARTNERSHIPS FORGED WITH HIGH SCHOOLS, HIGHER EDUCATION INSTITUTIONS AND WORKPLACES. WE REACHED A GOAL OF OVER 10,000 CONVERSATIONS HELD THROUGH "TEXTING STEVE" THROUGH THE CRISIS TEXT LINE. THE STEVE FUND HELD THREE NATIONAL CONFERENCES AND REACHED THE MILESTONE OF FIFTY CAMPUS PARTICIPANTS IN OUR CAMPUS MENTAL HEALTH ON CAMPUS INITIATIVE. EDUCATIONAL WORKSHOPS: THE STEVE FUND HELD WORKSHOPS DESIGNED TO EQUIP YOUNG PEOPLE AND FAMILY MEMBERS WITH THE KNOWLEDGE AND SKILLS TO MAINTAIN POSITIVE MENTAL HEALTH. WORKSHOPS WERE CO-LED BY MENTAL HEALTH PROFESSIONALS AND STUDENTS TO EXPLORE MENTAL HEALTH TOPICS AND ENCOURAGE UTILIZATION OF RESOURCES AND SUPPORT BY PARTICIPANTS. IN ADDITION, THE STEVE FUND DELIVERED MENTAL HEALTH SUPPORT GROUPS LED BY PSYCHIATRISTS, PSYCHOLOGISTS, AND OTHER MENTAL HEALTH EXPERTS. 3511322 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 74 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR CA CO FL GA HI IL KS KY MA MD MI MN MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV X JANET WORMACK 5715606614 3470 OLNEY-LAYTONSVILLE ROAD SUITE OLNEY MD 20832 EVAN M ROSE CO CHAIR 1.00 X X 0 0 0 STEPHANIE BELL-ROSE CO-CHAIR THRU 8/9/24 1.00 X X 0 0 0 STEPHANIE BELL-ROSE PRESIDENT AS OF 8/9/24 40.00 X X 0 0 0 MICHAEL OWENS TREASURER 1.00 X X 0 0 0 DR CHRISTOPHER ROSE SECRETARY 1.00 X X 0 0 0 GORDON BELL DIRECTOR 1.00 X 0 0 0 MELANIE BELL-MAYEDA DIRECTOR 1.00 X 0 0 0 VALERIE D BELL DIRECTOR 1.00 X 0 0 0 BYRON CLIFT BRELAND DIRECTOR 1.00 X 0 0 0 DR DOZENE GUISHARD DIRECTOR 1.00 X 0 0 0 DR DAVID HENDERSON DIRECTOR 1.00 X 0 0 0 DR JACQUELINE LONNEY DIRECTOR 1.00 X 0 0 0 DR CARLOTA OCAMPO DIRECTOR 1.00 X 0 0 0 ALEXANDRA WILLIAMS DIRECTOR 1.00 X 0 0 0 DAVID MCGHEE EXECUTIVE DIRECTOR THRU 8/9/24 40.00 X 197372 0 0 JANET WORMACK COO/CFO 40.00 X 146273 0 0 343645 0 0 2 0 1 0 WATER LILY LLC 12 FOUNTAIN TERRACE SCARSDALE NY 10583 WORKFORCE PRGM, GRANT MGMT, STEWARDSHIP, 405829 BLANK ROME LLP 130 N 18TH ST PHILADELPHIA PA 19103 LEGAL SERVICES 149039 FRONTRUNNER COLLABORATIONS LLC 2715 BRADBURY COURT DAVIDSONVILLE MD 21035 PROGRAM MANAGEMENT 119966 3 4747830 4747830 PROGRAM REVENUES 900099 359550 359550 359550 349733 349733 122011 0 122011 122011 122011 5579124 359550 0 471744 X 343646 268109 66674 8863 664186 508812 144038 11336 4821 2054 2719 48 67268 28661 37942 665 92699 39497 52286 916 102551 102551 209752 209752 2566869 2248188 224439 94242 9056 4524 4532 192284 191320 964 92542 88539 4003 1936 1936 PARTNERSHIP DEVELOPMENT 62800 62800 0 0 MISCELLANEOUS 49487 35898 13589 0 DUES & SUBSCRIPTIONS 18260 11580 6680 0 OTHER CONTRACT SERVICE 12434 12434 0 0 10000 6970 3030 4500591 3511322 873199 116070 5623318 1350296 2317127 270345 580000 187410 20134 25234 9677 4433 7180 5244 5244598 12041402 13792357 13879931 319303 256908 3408995 2455289 3728298 2712197 X 10064059 9853379 1314355 10064059 11167734 13792357 13879931 1078533 25142 0 X X 0 1 X 1 0 X 1416353 4004405 9792794 7828063 4747830 27789445 13400 236740 541338 397142 359550 1548170 1429753 4241145 10334132 8225205 5107380 29337615 15000 45000 10676841 1405331 12142172 0 15000 45000 10676841 1405331 12142172 17195443 220 645 4747 113212 349733 468557 220 645 4747 113212 349733 468557 530 2859 3389 1429973 4241790 10339409 8341276 5457113 29809561 0.57680 0.58430 0.01570 0.00460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9677 4433 5244 5244 X 5604266 25142 25142 5579124 0 5579124 4500591 0 4500591 0 4500591 PART X, LINE 2: THE FOUNDATION ADHERES TO THE PROVISIONS OF ASC 740, INCOME TAXES (ASC 740). ASC 740 ESTABLISHES RULES FOR RECOGNIZING AND MEASURING TAX POSITIONS TAKEN IN AN INCOME TAX RETURN, INCLUDING DISCLOSURES OF UNCERTAIN TAX POSITIONS (UTPS). ASC 740 MANDATES THAT ORGANIZATIONS EVALUATE ALL MATERIAL INCOME TAX POSITIONS FOR PERIODS THAT REMAIN OPEN UNDER APPLICABLE STATUTES OF LIMITATION, AS WELL AS POSITIONS EXPECTED TO BE TAKEN IN FUTURE RETURNS. THE UTP RULES THEN IMPOSE A RECOGNITION THRESHOLD ON EACH TAX POSITION. AN ORGANIZATION CAN RECOGNIZE AN INCOME TAX BENEFIT ONLY IF THE POSITION HAS A "MORE LIKELY THAN NOT" (I.E., MORE THAN 50 PERCENT) CHANCE OF BEING SUSTAINED ON THE TECHNICAL MERITS. FOR THE YEAR ENDED DECEMBER 31, 2024, THE FOUNDATION HAS TAKEN NO MATERIAL TAX POSITIONS ON ITS APPLICABLE TAX FILINGS THAT DO NOT MEET THE "MORE LIKELY THAN NOT" THRESHOLD. AS A RESULT, NO AMOUNT FOR UTPS HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. X 1 WATER LILY LLC 12 FOUNTAIN TERRACE SCARSDALE NY 10583 FUNDRAISING 0 1605705 92992 1512713 1605705 92992 1512713 AK AL AR AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA MA MD ME MI MN MS MO MT NC NE ND NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VT VA WA WI WV WY X 1 0 0 0 0 0 0 0 0 DAVID MCGHEE EXECUTIVE DIRECTOR THRU 8/9/24 161578 0 0 0 35794 0 0 0 0 0 197372 0 0 0 PART I, LINE 4A SEVERANCE DISCLOSURE. THE ORGANIZATION HEREBY AFFIRMS AND DISCLOSES THAT, PURSUANT TO A WRITTEN SEPARATION AND RELEASE AGREEMENT, IT AGREED TO PAY AND HAS PAID, ITS FORMER PRESIDENT (THE "FORMER PRESIDENT"), A ONE-TIME, LUMP-SUM SEVERANCE PAYMENT IN THE TOTAL GROSS AMOUNT OF THIRTY-FIVE THOUSAND SEVEN HUNDRED NINETY-FOUR DOLLARS AND TWENTY-SIX CENTS (US $35,794.26), UPON THEIR DEPARTURE FROM THE ORGANIZATION. IN CONNECTION WITH THE SEPARATION OF FORMER CEO DAVID MCGHEE FROM THE ORGANIZATION, THE BOARD OF DIRECTORS APPROVED A PAYMENT OF $35,794.00. THE PAYMENT, WHICH IS EQUIVALENT TO SEVEN WEEKS OF THE EXECUTIVE'S SALARY, WAS PROVIDED TO COVER A BRIEF PERIOD OF TRANSITION FOR THE EXECUTIVE, AND WITHOUT ADVERSELY AFFECTING THE ORGANIZATION'S PROGRAMMATIC COMMITMENTS. WATER LILY LLC 35% OWNED BY FORMER OFFICER 405829 PROGRAM DEVELOPMENT & MGMT, STEWARDSHIP, AND FUNDRAISING. 0 FORM 990, PART VI, SECTION A, LINE 2 SIX OF THE BOARD OF DIRECTORS OF THE ORGANIZATION ARE RELATED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO EACH DIRECTOR TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY AND SUPPLY WRITTEN DISCLOSURE OF ANY CONFLICTS OF INTEREST AS WELL AS AN ATTESTATION OF ADHERENCE TO THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HIRED A SEARCH FIRM WHICH ADVISED THE BOARD ABOUT COMPENSATION LEVELS FOR KEY EMPLOYEES. IN ESTABLISHING COMPENSATION, THE BOARD REVIEWS BENCHMARKING DATA INCLUDING COMPARABLE DATA SUCH AS SURVEYS OF COMPENSATION LEVELS OF SIMILARLY SIZED ORGANIZATIONS TO DETERMINE THE APPLICABLE COMPENSATION LEVELS. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION WAS PROVIDED AS REQUESTS WERE RECEIVED. FORM 990, PART IX, LINE 11G CONTRACTUAL AGREEMENTS - CONSULTING: PROGRAM SERVICE EXPENSES 1,200,738. MANAGEMENT AND GENERAL EXPENSES 179,435. FUNDRAISING EXPENSES 75,345. TOTAL EXPENSES 1,455,518. CONTRACTUAL AGREEMENTS - COMMUNICATIONS: PROGRAM SERVICE EXPENSES 301,153. MANAGEMENT AND GENERAL EXPENSES 45,004. FUNDRAISING EXPENSES 18,897. TOTAL EXPENSES 365,054. CONTRACTUAL AGREEMENTS - MENTAL HEALTH EXPERTS: PROGRAM SERVICE EXPENSES 746,297. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 746,297. PART XII, LINE 2C THE STEVE FUND DEVELOPED A FINANCE COMMITTEE IN 2018 THAT ASSUMES RESPONSIBILITY FOR THE AUDIT OVERSIGHT AND SELECTION OF AN INDEPENDENT AUDITOR.