Steps To Success Inc
- Assets
- $1.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 59
- Location
- Brookline Village, MA
- Founding
- 03/2016
- Data as of
- 06/2022
- EIN
- 47-1641692
Organization Overview
Steps To Success Inc is located in Brookline Village, MA. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Steps To Success Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steps To Success 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, Steps To Success Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $894.6k during the year ending 06/2022. While expenses have increased by 7.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE EQUITY FOR STUDENTS FROM LOW-INCOME FAMILIES IN BROOKLINE BY EXPANDING THEIR HORIZONS, BUILDING UPON THEIR SKILLS, AND SUPPORTING THEIR EDUCATIONAL JOURNEY IN ORDER TO MAXIMIZE THEIR LIFE CHOICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENHANCE EDUCATIONAL OUTCOMES FOR STUDENTS FROM LOW-INCOME FAMILIES
.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Goodman Chair | OfficerTrustee | 5 | $0 |
Julie Burkley Vice Chair | OfficerTrustee | 2 | $0 |
Judy Katz Treasurer | OfficerTrustee | 5 | $0 |
Emy Takinami Director | Trustee | 2 | $0 |
Juan Cantu Former Exec | Officer | 40 | $55,289 |
Karina Darosa Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $203,330 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,366,555 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,569,885 |
| Total Program Service Revenue | $0 |
| Investment income | $106 |
| 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 | $1,569,991 |
| 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. | $125,000 |
| Compensation of current officers, directors, key employees. | $62,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $414,541 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,293 |
| Payroll taxes | $34,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,433 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $77,932 |
| Advertising and promotion | $0 |
| Office expenses | $8,307 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $342 |
| 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 | $3,222 |
| Insurance | $8,382 |
| All other expenses | $30,096 |
| Total functional expenses | $894,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $786,037 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $363,833 |
| Accounts receivable, net | $16,135 |
| 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 | $6,013 |
| Net Land, buildings, and equipment | $5,574 |
| Investments—publicly traded securities | $130,469 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,308,061 |
| Accounts payable and accrued expenses | $22,089 |
| 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 | $38,888 |
| Total liabilities | $60,977 |
| Net assets without donor restrictions | $628,771 |
| Net assets with donor restrictions | $618,313 |
| 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 | $1,308,061 |