Stepping Stones Inc
- Assets
- $1.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 21
- Location
- Lavalette, WV
- Founding
- 01/1978
- Data as of
- 06/2022
- EIN
- 55-0593968
Organization Overview
Stepping Stones Inc is located in Lavalette, WV. The organization was established in 1978. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2022, Stepping Stones Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stepping Stones 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 06/2022, Stepping Stones Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. 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
FOSTER HOME FOR BOYS
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOY'S FOSTER HOME - RESIDENTIAL CHILD CARE COSTS & EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan R Fry Executive Di | Officer | 40 | $87,353 |
Raymona Preston Assistant Di | Officer | 40 | $75,027 |
Kerry Adkins V.chair/trea | Trustee | $0 | |
Lisa Bell Member | Trustee | $0 | |
Kathy Cathers Member | Trustee | $0 | |
Glenna Michael Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $779,533 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $779,533 |
| Total Program Service Revenue | $1,143,012 |
| Investment income | $821 |
| 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 | $1,923,566 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $450,854 |
| Pension plan accruals and contributions | $6,211 |
| Other employee benefits | $136,027 |
| Payroll taxes | $36,284 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,060 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $111,980 |
| Travel | $11,217 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $708 |
| Interest | $12,432 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,536 |
| Insurance | $0 |
| All other expenses | $66,499 |
| Total functional expenses | $1,126,208 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $394,118 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $234,870 |
| 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 | $9,172 |
| Net Land, buildings, and equipment | $211,530 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $699,569 |
| Total assets | $1,549,259 |
| Accounts payable and accrued expenses | $136,458 |
| 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 | $177,626 |
| Other liabilities | $0 |
| Total liabilities | $314,084 |
| Net assets without donor restrictions | $1,099,456 |
| Net assets with donor restrictions | $135,719 |
| 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 | $1,549,259 |