A Step Ahead Foundation Inc is located in Memphis, TN. The organization was established in 2011. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 06/2023, A Step Ahead Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Step Ahead Foundation 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 06/2023, A Step Ahead Foundation Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $1.9m during the year ending 06/2023. While expenses have increased by 3.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL INFORMATION, FINANCIAL ASSISTANCE AND AWARENESS TO WOMEN IN THE COMMUNITY WHO DESIRE LONG-TERM BIRTH CONTROL METHODS FOR PREVENTING UNWANTED PREGNANCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY EDUCATION AND FINANCIAL ASSISTANCE TO WOMEN SEEKING INFORMATION AND/OR ASSISTANCE WITH LONG-TERM REVERSIBLE BIRTH CONTROL METHODS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Owen Phillips MD President | OfficerTrustee | 1 | $0 |
Henry Sullivant MD Treasurer | OfficerTrustee | 1 | $0 |
Chelsey Fairchilds Secretary | OfficerTrustee | 1 | $0 |
Lanetta Anderson MD Owner | Trustee | 1 | $0 |
Melrose Blackett MD Owner | Trustee | 1 | $0 |
Lauren Carnell Vice President Of Marketing | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $85,500 |
All other contributions, gifts, grants, and similar amounts not included above | $1,251,742 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,337,242 |
Total Program Service Revenue | $0 |
Investment income | $69,078 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $20,257 |
Net Income from Fundraising Events | $699,338 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,126,788 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $183,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $677,735 |
Pension plan accruals and contributions | $29,464 |
Other employee benefits | $51,295 |
Payroll taxes | $0 |
Fees for services: Management | $37,102 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $318,722 |
Advertising and promotion | $365,491 |
Office expenses | $7,195 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $69,493 |
Travel | $8,486 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,606 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $37,907 |
Insurance | $10,371 |
All other expenses | $0 |
Total functional expenses | $1,898,771 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,275,664 |
Savings and temporary cash investments | $1,246,412 |
Pledges and grants receivable | $105,437 |
Accounts receivable, net | $150,000 |
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 | $966 |
Net Land, buildings, and equipment | $428,845 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $212,232 |
Total assets | $4,419,556 |
Accounts payable and accrued expenses | $318,344 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $277,731 |
Total liabilities | $596,075 |
Net assets without donor restrictions | $3,560,055 |
Net assets with donor restrictions | $263,426 |
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 | $4,419,556 |