Steps Inc
- Assets
- $3.4m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 183
- Location
- Farmville, VA
- Founding
- 01/1985
- Data as of
- 06/2022
- EIN
- 54-1209110
Organization Overview
Steps Inc is located in Farmville, VA. The organization was established in 1985. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2022, Steps Inc employed 183 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steps 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 Inc generated $7.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $6.7m during the year ending 06/2022. While expenses have increased by 7.0% 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
STEPS, INC. IS AN EXTREMELY DIVERSIFIED COMMUNITY ACTION AGENCY WHICH DELIVERS SERVICES TO THOSE IN NEED. SERVICES ARE DELIVERED UNDER FOUR PILLARS OF SERVICE: WORKFORCE DEVELOPMENT - STEPS PROVIDES JOB TRAINING AND EMPLOYMENT OPPORTUNITIES TO CITIZENS LIVING WITH DISABILITIES, INDIVIDUALS WHO WANT TO EXIT THE WELFARE SYSTEM AND SENIOR CITIZENS LIVING BELOW THE POVERTY LEVEL; ECONOMIC DEVELOPMENT - STEPS IS A MAJOR EMPLOYER IN OUR REGION AND IN ADDITION OPERATES TWO COMMERCIAL LINES OF BUSINESS: SECURE DOCUMENT SHREDDING AND OPERATION OF A REGIONAL RECYCLING CENTER; HOUSING - STEPS PROVIDES SERVICES TO ALLEVIATE AND/OR PREVENT HOMELESSNESS AND SERVES AS A PARTNER TO DOMINION POWER IN THEIR ENERGYSHARE PROGRAM, MEETING HEATING AND COOLING NEEDS; EDUCATION - STEPS WORKS WITH STUDENTS WITH DISABILITIES WHO ARE TRANSITIONING FROM THE PUBLIC EDUCATION SYSTEM AND OPERATES HEAD START AND EARLY HEAD START SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEPS, INC. IS AN EXTREMELY DIVERSIFIED COMMUNITY ACTION AGENCY WHICH DELIVERS SERVICES TO THOSE IN NEED. SERVICES ARE DELIVERED UNDER FOUR PILLARS OF SERVICE: WORKFORCE DEVELOPMENT - STEPS PROVIDES JOB TRAINING AND EMPLOYMENT OPPORTUNITIES TO CITIZENS LIVING WITH DISABILITIES, INDIVIDUALS WHO WANT TO EXIT THE WELFARE SYSTEM AND SENIOR CITIZENS LIVING BELOW THE POVERTY LEVEL; ECONOMIC DEVELOPMENT - STEPS IS A MAJOR EMPLOYER IN OUR REGION AND IN ADDITION OPERATES TWO (2) COMMERCIAL LINES OF BUSINESS: SECURE DOCUMENT SHREDDING AND OPERATION OF A REGIONAL RECYCLING CENTER; HOUSING - STEPS PROVIDES SERVICES TO ALLEVIATE AND/OR PREVENT HOMELESSNESS AND SERVES AS A PARTNER TO DOMINION POWER IN THEIR ENERGYSHARE PROGRAM, MEETING HEATING AND COOLING NEEDS; EDUCATION - STEPS WORKS WITH STUDENTS WITH DISABILITIES WHO ARE TRANSITIONING FROM THE PUBLIC EDUCATION SYSTEM AND OPERATES HEAD START AND EARLY HEAD START SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Harrup President & CEO | Officer | 40 | $129,718 |
Teresa Davis Treasurer | OfficerTrustee | 1 | $0 |
Bonnie Andrachek Secretary | OfficerTrustee | 1 | $0 |
Debra Adams Chair | OfficerTrustee | 1 | $0 |
Linda Paige Vice Chair | OfficerTrustee | 1 | $0 |
Roger Scott Audit Comm Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,505,774 |
| All other contributions, gifts, grants, and similar amounts not included above | $357,098 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,862,872 |
| Total Program Service Revenue | $378,074 |
| Investment income | $42 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,500 |
| Net Income from Fundraising Events | $13,897 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,256,385 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,265,112 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $164,378 |
| Compensation of current officers, directors, key employees. | $20,234 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,635,779 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $199,631 |
| Payroll taxes | $356,051 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,966 |
| Fees for services: Accounting | $160,092 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,280 |
| Advertising and promotion | $33,017 |
| Office expenses | $326,652 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $126,984 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $141,984 |
| Interest | $18,367 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $328,954 |
| Insurance | $165,089 |
| All other expenses | $110,080 |
| Total functional expenses | $6,686,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,408 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $803,102 |
| Accounts receivable, net | $539,630 |
| 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 | $50,646 |
| Net Land, buildings, and equipment | $1,734,870 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,388,656 |
| Accounts payable and accrued expenses | $424,089 |
| Grants payable | $0 |
| Deferred revenue | $183,953 |
| 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 | $334,136 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $942,178 |
| Net assets without donor restrictions | $1,786,979 |
| Net assets with donor restrictions | $659,499 |
| 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 | $3,388,656 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Steps Inc has recieved totaling $86,012.
| Awarding Organization | Amount |
|---|---|
Southside Community Hospital Inc Farmville, VA PURPOSE: EMERGENCY SHLETER | $81,000 |
Ruiz Family Foundation Carlsbad, CA PURPOSE: FUNDS TO PROVIDE FINANCIAL SUPPORT TO ASSIST IN THE ORGANIZATION'S MISSION. | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Employment Solutions Inc Lexington, KY | $14,556,479 | $16,573,430 |
Seec Corporation Silver Spring, MD | $9,412,245 | $16,148,887 |
Community Alternatives Incorporated Norfolk, VA | $5,227,014 | $13,773,753 |
Ardmore Enterprises Inc Lanham, MD | $12,191,941 | $13,293,594 |
Eastern Carolina Vocational Center Inc Greenville, NC | $26,970,682 | $10,804,799 |
Portco Inc Suffolk, VA | $2,077,717 | $9,434,318 |
Southern Maryland Vocational Industries Incorporated Brandywine, MD | $15,709,947 | $11,646,301 |
Park Center Nashville, TN | $31,811,535 | $21,739,362 |
Providence Center Inc Glen Burnie, MD | $18,352,330 | $9,350,999 |
Johnston County Industries Inc Selma, NC | $6,782,486 | $8,118,141 |
Pace Enterprises Of West Virginia Inc Morgantown, WV | $5,926,586 | $7,049,536 |
Steps Inc Farmville, VA | $3,388,656 | $7,256,385 |