Step By Step Inc
- Assets
- $661.9k
- Revenue
- $459.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Lexington, KY
- Founding
- 02/1997
- Data as of
- 12/2021
- EIN
- 61-1313872
Organization Overview
Step By Step Inc is located in Lexington, KY. The organization was established in 1997. According to its NTEE Classification (P45) the organization is classified as: Family Services for Adolescent Parents, under the broad grouping of Human Services and related organizations. As of 12/2021, Step By Step Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Step By Step 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 12/2021, Step By Step Inc generated $459.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $333.1k during the year ending 12/2021. While expenses have increased by 16.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS DESIGNED TO REACH OUT AND SUPPORT YOUNG UNWED MOTHERS FROM AGES 12-24.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS FOUR TIMES A MONTH, WHICH INCLUDES ACTIVITIES, WORKSHOPS, SUPPORT GROUPS, AND BIBLE STUDIES,INCLUDING FREE CHILDCARE AND TRANSPORTATION. OTHER SERVICES INCLUDE RETREAT, CRISIS INTERVENTION AND GUIDANCE FOR EDUCATION/ EMPLOYMENT.
LIFE SKILLS AND MENTORING, INCLUDING GOAL SETTING
COVID PANDEMIC EMERGENCY FUNDS AND BASIC NEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candace Smith Vice President | OfficerTrustee | 1 | $0 |
Anne Sabatino Hardy Secretary | OfficerTrustee | 1 | $0 |
Katie Washington Treasurer | OfficerTrustee | 1 | $0 |
Beth Bell President | OfficerTrustee | 1 | $0 |
Latanya Torp Executive Director | Officer | 40 | $0 |
Lindsey Demoss Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $34,426 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $419,631 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $454,057 |
| Total Program Service Revenue | $0 |
| Investment income | $5,507 |
| 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 | $459,564 |
| 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. | $58,665 |
| Compensation of current officers, directors, key employees. | $19,555 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,755 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $878 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $475 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,223 |
| Information technology | $1,731 |
| Royalties | $0 |
| Occupancy | $29,319 |
| Travel | $1,074 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,566 |
| Insurance | $21,845 |
| All other expenses | $15,235 |
| Total functional expenses | $333,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $323,344 |
| Savings and temporary cash investments | $99,109 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $135,137 |
| Investments—publicly traded securities | $104,293 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $661,883 |
| Accounts payable and accrued expenses | $1,261 |
| 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 | $0 |
| Total liabilities | $1,261 |
| Net assets without donor restrictions | $556,329 |
| Net assets with donor restrictions | $104,293 |
| 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 | $661,883 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Step By Step Inc has recieved totaling $116,254.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SERVE AN ADDITIONAL 40 YOUNG MNCS THROUGH ITS HOLISTIC CASE MANAGEMENT SUPPORT PROGRAM IN LEXINGTON, KENTUCKY. | $75,000 |
Blue Grass Community Foundation Inc Lexington, KY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,876 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $19,100 |
Henry Laird Smith Foundation Nashville, TN PURPOSE: DONATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $278 |
Endowment Analysis
| Beg. Balance | $81,162 |
| Earnings | $18,606 |
| Admin Expense | $475 |
| Net Contributions | $5,000 |
| Ending Balance | $104,293 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Moms Inc Chicago, IL | $21,133,961 | $7,338,720 |
Crittenton Centers Peoria, IL | $5,159,239 | $2,718,058 |
Our Ladys Inn St Louis, MO | $6,230,201 | $2,955,635 |
Pregnancy Decision Health Centers Columbus, OH | $1,607,631 | $1,955,923 |
Mothers Refuge Independence, MO | $2,469,982 | $1,891,376 |
Choices For Women Resource Center Inc New Albany, IN | $2,364,972 | $1,182,254 |
Waterleaf Womens Center Inc Aurora, IL | $4,132,668 | $1,401,718 |
St Marys Services Palatine, IL | $10,732,565 | $1,810,661 |
New Hope Center Inc Crestview Hills, KY | $611,127 | $676,594 |
Medical Home Plus Inc Richmond, VA | $273,404 | $625,295 |
Heartbeat Of Toledo Inc Toledo, OH | $939,006 | $821,190 |
Empowering Parents Kansas City Lees Summit, MO | $53,981 | $429,773 |