Stepping Stone Emergency Housing
Stepping Stone Emergency Housing shows consistent revenue and asset growth with no reported officer compensation.
EIN: 203226868 · Anoka, MN · NTEE: L41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3.5 |
| Net Assets | $3.1M |
| Transparency Score | 95/100 |
Is Stepping Stone Emergency Housing Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stepping Stone Emergency Housing directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stepping Stone Emergency Housing
Stepping Stone Emergency Housing (EIN: 203226868) is a nonprofit organization based in Anoka, MN, classified under NTEE code L41. The organization reported total revenue of $2.6M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stepping Stone Emergency Housing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stepping Stone Emergency Housing is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $4.2M |
| Total Liabilities | $1.1M |
| Net Assets | $3.1M |
| Operating Margin | 33.9% |
| Debt-to-Asset Ratio | 26.4% |
| Months of Reserves | 21.6 months |
Financial Health Grade: A
In 2023, Stepping Stone Emergency Housing reported a surplus of $1.2M with revenue exceeding expenses, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 26.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Stepping Stone Emergency Housing's revenue has grown at a compound annual growth rate (CAGR) of 23.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.1% | -4.6% | +77.5% |
| 2022 | +23.6% | +4.0% | +58.1% |
| 2021 | +21.4% | +52.6% | +23.0% |
| 2020 | +44.0% | +15.4% | +85.4% |
| 2019 | -3.2% | -0.9% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Stepping Stone Emergency Housing with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Stepping Stone Emergency Housing allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.4%.
Executive Compensation Analysis
Stepping Stone Emergency Housing reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with over $3.5 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Stepping Stone Emergency Housing's IRS 990 filings:
- Unusually low reported liabilities relative to assets in earlier years, which could warrant further investigation into financial reporting practices.
- 0% officer compensation for an organization of this size is highly unusual and might suggest that compensation is reported under other categories or that key leadership roles are entirely volunteer-based, which could pose sustainability questions.
Strengths
The following positive indicators were identified for Stepping Stone Emergency Housing:
- Consistent and significant revenue growth, from $651,651 in 2014 to $3,535,081 in 2023.
- Substantial asset growth, from $226,091 in 2014 to $4,196,514 in 2023, indicating strong financial health.
- Reported 0% officer compensation across all filings, suggesting a high dedication of funds to program services.
- Positive net income in most years, contributing to asset accumulation and financial stability.
- Low liabilities relative to assets, particularly in recent years, indicating a healthy balance sheet.
Frequently Asked Questions about Stepping Stone Emergency Housing
Is Stepping Stone Emergency Housing a legitimate charity?
Based on AI analysis of IRS 990 filings, Stepping Stone Emergency Housing (EIN: 203226868) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Stepping Stone Emergency Housing spend its money?
Stepping Stone Emergency Housing directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stepping Stone Emergency Housing tax-deductible?
Stepping Stone Emergency Housing is registered as a tax-exempt nonprofit (EIN: 203226868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Stepping Stone Emergency Housing CEO make?
Stepping Stone Emergency Housing's highest-compensated officer earns $3.5 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Stepping Stone Emergency Housing's spending goes to programs?
Stepping Stone Emergency Housing directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Stepping Stone Emergency Housing compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Stepping Stone Emergency Housing is above average for NTEE category L41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stepping Stone Emergency Housing located?
Stepping Stone Emergency Housing is headquartered in Anoka, Minnesota and files with the IRS under EIN 203226868. It is classified under NTEE code L41.
How many years of IRS 990 filings does Stepping Stone Emergency Housing have?
Stepping Stone Emergency Housing 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 $2.6M in total revenue.
Is Stepping Stone Emergency Housing a good charity?
Based on its strong financial growth, increasing assets, and reported 0% officer compensation, Stepping Stone Emergency Housing appears to be a very good charity, effectively directing resources towards its mission.
How has the organization's financial position changed over time?
Stepping Stone Emergency Housing has experienced significant financial growth, with revenue increasing from $651,651 in 2014 to $3,535,081 in 2023, and assets growing from $226,091 to $4,196,514 over the same period.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating a commitment to directing funds away from executive salaries and towards its programs.
Filing History
IRS 990 filing history for Stepping Stone Emergency Housing showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Stepping Stone Emergency Housing's revenue has grown by 1144.1%, moving from $284K to $3.5M. Total assets increased by 3034.4% over the same period, from $134K to $4.2M. Total functional expenses rose by 741.9%, from $277K to $2.3M. In its most recent filing year (2023), Stepping Stone Emergency Housing reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $4.2M in assets (debt-to-asset ratio: 26.4%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $2.3M | $4.2M | $1.1M | — | — |
| 2022 | $3.1M | $2.4M | $2.4M | $355K | — | View 990 |
| 2021 | $2.5M | $2.4M | $1.5M | $163K | — | View 990 |
| 2020 | $2.1M | $1.5M | $1.2M | $58K | — | — |
| 2019 | $1.4M | $1.3M | $656K | $46K | — | View 990 |
| 2018 | $1.5M | $1.3M | $552K | $53K | — | View 990 |
| 2017 | $1.3M | $1.1M | $398K | $45K | — | View 990 |
| 2016 | $870K | $870K | $281K | $37K | — | View 990 |
| 2015 | $901K | $831K | $271K | $27K | — | View 990 |
| 2014 | $652K | $633K | $226K | $51K | — | View 990 |
| 2013 | $629K | $506K | $185K | $28K | — | View 990 |
| 2012 | $273K | $312K | $94K | $61K | — | View 990 |
| 2011 | $284K | $277K | $134K | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $2.3M, and assets of $4.2M (revenue +13.1% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.4M, and assets of $2.4M (revenue +23.6% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.4M, and assets of $1.5M (revenue +21.4% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.5M, and assets of $1.2M (revenue +44.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $656K (revenue -3.2% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.3M, and assets of $552K (revenue +19.2% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.1M, and assets of $398K (revenue +44.1% year-over-year).
- 2016: Revenue of $870K, expenses of $870K, and assets of $281K (revenue -3.4% year-over-year).
- 2015: Revenue of $901K, expenses of $831K, and assets of $271K (revenue +38.2% year-over-year).
- 2014: Revenue of $652K, expenses of $633K, and assets of $226K (revenue +3.7% year-over-year).
- 2013: Revenue of $629K, expenses of $506K, and assets of $185K (revenue +130.2% year-over-year).
- 2012: Revenue of $273K, expenses of $312K, and assets of $94K (revenue -3.9% year-over-year).
- 2011: Revenue of $284K, expenses of $277K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stepping Stone Emergency Housing:
Data Sources and Methodology
This transparency report for Stepping Stone Emergency Housing 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.