S T E P Academics Inc is located in Tucker, GA. The organization was established in 2003. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. S T E P Academics 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 06/2024, S T E P Academics Inc generated $121.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $105.3k during the year ending 06/2024. While expenses have increased by 3.6% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
S.T.E.P. ACADEMICS PROVIDES ACADEMIC SUPPORT AND PERFORMING ARTS INSTRUCTION TO STUDENTS WHOSE FAMILIES COME FROM LOW-TO-MODERATE INCOME LEVELS. THE DISCIPLINED STUDY OF PERFORMING ARTS ADDS TREMENDOUS VALUE TO READING, ARTICULATION, DIVERSITY, AND TOLERANCE. ACADEMIC TUTORING IS DONE BY STATE-CERTIFIED EDUCATORS IN THE CORE SUBJECTS OF MATH AND READING FOR STUDENTS IN GRADES 1 -12. DURING THE FISCAL YEAR, S.T.E.P. PROVIDED PERFORMING ARTS INSTRUCTION TO OVER 20 STUDENTS FREE OF CHARGE TO LOW-INCOME K-8 STUDENTS AND ACADEMIC SUPPORT/TUTORING SERVICES TO 10 STUDENTS FREE OF CHARGE TO LOW-INCOME 1-12 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lauren Fofana Founder And Executive Director | 30 | $8,050 | |
Yvonne Mcfall Artistic Director/advisory Board | 2 | $700 | |
Patricia Diggs Recording Secretary | 2 | $0 | |
Simeon Woods Vice President And CFO | 2 | $0 | |
Rene Holden Advisory Board | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
Total Program Service Revenue | $101,582 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $121,582 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $8,050 |
Professional fees and other payments to independent contractors | $89,962 |
Occupancy, rent, utilities, and maintenance | $3,000 |
Printing, publications, postage, and shipping | $332 |
Other expenses | $3,949 |
Total expenses | $105,293 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,384 |
Other assets | $0 |
Total assets | $20,384 |
Total liabilities | $10,120 |
Net assets or fund balances | $10,264 |