Step Foundation
EIN: 481148882 · Seneca, KS · NTEE: T70Z
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $130K |
| Net Assets | $2.4M |
Is Step Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Step Foundation
Step Foundation (EIN: 481148882) is a nonprofit organization based in Seneca, KS, classified under NTEE code T70Z. The organization reported total revenue of $1.5M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Step Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Step Foundation is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $446K |
| Total Expenses | $130K |
| Surplus / Deficit | +$315K |
| Total Assets | $2.4M |
| Net Assets | $2.4M |
| Operating Margin | 70.7% |
| Months of Reserves | 223.3 months |
Financial Health Grade: A
In 2023, Step Foundation reported a surplus of $315K with revenue exceeding expenses, holds 223.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Step Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.4% | +19.0% | +25.0% |
| 2022 | +11.4% | -7.1% | +7.3% |
| 2021 | +294.6% | +55.9% | +14.6% |
| 2020 | -46.4% | -40.4% | +7.2% |
| 2019 | +16.5% | -11.3% | +18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Step Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Step Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $315K, with revenue exceeding expenses.
Frequently Asked Questions about Step Foundation
Is Step Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Step Foundation (EIN: 481148882) insufficient data. 0 red flags identified, 0 strengths noted.
How does Step Foundation spend its money?
Detailed spending breakdown data is not yet available for Step Foundation. Check back for updated IRS 990 analysis.
Are donations to Step Foundation tax-deductible?
Step Foundation is registered as a tax-exempt nonprofit (EIN: 481148882). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Step Foundation located?
Step Foundation is headquartered in Seneca, Kansas and files with the IRS under EIN 481148882. It is classified under NTEE code T70Z.
How many years of IRS 990 filings does Step Foundation have?
Step Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.5M in total revenue.
Filing History
IRS 990 filing history for Step Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Step Foundation's revenue has grown by 596.7%, moving from $64K to $446K. Total assets increased by 108.4% over the same period, from $1.2M to $2.4M. Total functional expenses rose by 8.5%, from $120K to $130K. In its most recent filing year (2023), Step Foundation reported a surplus of $315K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $446K | $130K | $2.4M | $0 | — | — |
| 2022 | $404K | $110K | $1.9M | $0 | — | View 990 |
| 2021 | $363K | $118K | $1.8M | $0 | — | View 990 |
| 2020 | $92K | $76K | $1.6M | $5K | — | — |
| 2019 | $172K | $127K | $1.5M | $0 | — | View 990 |
| 2018 | $147K | $143K | $1.2M | $0 | — | View 990 |
| 2017 | $181K | $72K | $1.3M | $0 | — | View 990 |
| 2016 | $65K | $116K | $1.2M | $0 | — | View 990 |
| 2015 | $127K | $115K | $1.2M | $0 | — | View 990 |
| 2014 | $159K | $81K | $1.2M | $0 | — | View 990 |
| 2013 | $69K | $112K | $1.1M | $0 | — | View 990 |
| 2012 | $88K | $105K | $1.1M | $0 | — | View 990 |
| 2011 | $64K | $120K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $446K, expenses of $130K, and assets of $2.4M (revenue +10.4% year-over-year).
- 2022: Revenue of $404K, expenses of $110K, and assets of $1.9M (revenue +11.4% year-over-year).
- 2021: Revenue of $363K, expenses of $118K, and assets of $1.8M (revenue +294.6% year-over-year).
- 2020: Revenue of $92K, expenses of $76K, and assets of $1.6M (revenue -46.4% year-over-year).
- 2019: Revenue of $172K, expenses of $127K, and assets of $1.5M (revenue +16.5% year-over-year).
- 2018: Revenue of $147K, expenses of $143K, and assets of $1.2M (revenue -18.8% year-over-year).
- 2017: Revenue of $181K, expenses of $72K, and assets of $1.3M (revenue +178.4% year-over-year).
- 2016: Revenue of $65K, expenses of $116K, and assets of $1.2M (revenue -48.9% year-over-year).
- 2015: Revenue of $127K, expenses of $115K, and assets of $1.2M (revenue -19.9% year-over-year).
- 2014: Revenue of $159K, expenses of $81K, and assets of $1.2M (revenue +130.5% year-over-year).
- 2013: Revenue of $69K, expenses of $112K, and assets of $1.1M (revenue -21.3% year-over-year).
- 2012: Revenue of $88K, expenses of $105K, and assets of $1.1M (revenue +37.0% year-over-year).
- 2011: Revenue of $64K, expenses of $120K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Step Foundation:
Data Sources and Methodology
This transparency report for Step Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.