1000 Steps Fellows Inc
- Assets
- $16.5k
- Revenue
- $50.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 10/2018
- Data as of
- 12/2023
- EIN
- 82-4598461
Organization Overview
1000 Steps Fellows Inc is located in Brooklyn, NY. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1000 Steps Fellows 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 12/2023, 1000 Steps Fellows Inc generated $50.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $50.2k during the year ending 12/2023. While expenses have increased by 17.1% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FELLOWS ARE EXTENDED TO A VERY SMALL, SELECT GROUP IN ADDITION TO BEING TOP ACHIEVERS IN THEIR EDUCATIONAL AND PROFESSIONAL ENDEAVORS, FELLOWS ARE COMMITTED TO SHARING THEIR KNOWLEDGE AND EXPERIENCE WITH OTHERS ON THE SAME PATH. YOUNG PROFESSIONALS WERE SELECTED AS FELLOWS AND RECEIVED PROFESSIONAL MENTORING AND GRANT ASSISTANCE TO ENSURE THEY WERE PREPARED TO PURSUE THEIR PROFESSIONAL ENDEAVORS AND ACCOMPLISH THEIR CAREER GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Wheary President | 20 | $0 | |
Paul Walker Treasurer | 5 | $0 | |
Stephanie Wortel Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,075 |
| Printing and publications | $0 |
| Other expenses | $154 |
| Total operating and administrative expenses | $21,259 |
| Contributions, gifts, grants paid | $28,917 |
| Total expenses and disbursements | $50,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,546 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,546 |
| Accounts payable and accrued expenses | $2,250 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,250 |
Grants Awarded
Over the last fiscal year, 1000 Steps Fellows Inc has awarded $28,917 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
JESSICA VELESACA PURPOSE: EDUCATION | $11,900 |
JANAISA WALKER PURPOSE: EDUCATION | $3,775 |
TIMEKA BRAITHWAITE PURPOSE: EDUCATION | $7,285 |
ARINOLA SOYEMI PURPOSE: EDUCATION | $3,207 |
LIZBETH LUCERO PURPOSE: EDUCATION | $1,250 |
RAHSHAANA GREEN PURPOSE: EDUCATION | $1,500 |