Strides To Success Inc
Strides To Success Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 201123998 · Plainfield, IN · NTEE: P80 · Updated: 2026-03-28
Is Strides To Success Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Strides To Success Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Strides To Success Inc
Strides To Success Inc (EIN: 201123998) is a nonprofit organization based in Plainfield, IN, classified under NTEE code P80. The organization reported total revenue of $381K and total assets of $260K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Strides To Success Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Strides To Success Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $268K |
| Total Expenses | $247K |
| Surplus / Deficit | +$21K |
| Total Assets | $242K |
| Net Assets | $246K |
| Operating Margin | 7.8% |
| Months of Reserves | 11.7 months |
Financial Health Grade: A
In 2023, Strides To Success Inc reported a surplus of $21K with revenue exceeding expenses, holds 11.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Strides To Success Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.5% | +12.3% | +15.0% |
| 2022 | -11.0% | -7.9% | +3.1% |
| 2021 | +24.3% | +35.4% | +21.3% |
| 2020 | +9.9% | -20.0% | +23.6% |
| 2019 | -5.5% | +6.1% | -13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Strides To Success Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Strides To Success Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $21K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly favorable for a nonprofit of its size (latest revenue $380,636).
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 Strides To Success Inc's IRS 990 filings:
- Negative liabilities reported in 2023 (-$4,612) are unusual and may warrant clarification on accounting practices.
Strengths
The following positive indicators were identified for Strides To Success Inc:
- Consistent revenue growth over the past decade, from $129,585 in 2014 to $380,636 in the latest period.
- Healthy asset accumulation, growing from $126,350 in 2014 to $260,444 in the latest period.
- 0% officer compensation reported across all filings, indicating efficient use of funds.
- Consistent operating surpluses, with revenues generally exceeding expenses.
- Strong financial stability with low and manageable liabilities.
Frequently Asked Questions about Strides To Success Inc
Is Strides To Success Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Strides To Success Inc (EIN: 201123998) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Strides To Success Inc spend its money?
Strides To Success Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Strides To Success Inc tax-deductible?
Strides To Success Inc is registered as a tax-exempt nonprofit (EIN: 201123998). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Strides To Success Inc a good charity?
Based on its financial data, Strides To Success Inc appears to be a good charity. It demonstrates consistent financial growth, maintains healthy asset levels, and reports 0% officer compensation, suggesting a strong commitment to program spending and efficient use of funds.
How has Strides To Success Inc's revenue changed over time?
Strides To Success Inc has shown consistent revenue growth, increasing from $129,585 in 2014 to $268,125 in 2023, and reaching $380,636 in the latest reported period, indicating a growing capacity to fund its operations.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is a strong indicator of either volunteer leadership or very modest compensation structured outside of typical officer salary reporting, suggesting a high dedication to directing funds towards its mission.
Are there any concerns regarding the organization's liabilities?
Liabilities have generally been low and manageable, with a notable negative liability of $-4,612 reported in 2023. While unusual, this typically indicates an overpayment or credit balance, and overall, the organization's financial health is strong with assets significantly exceeding liabilities.
Filing History
IRS 990 filing history for Strides To Success Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Strides To Success Inc's revenue has grown by 176.9%, moving from $97K to $268K. Total assets increased by 86.7% over the same period, from $130K to $242K. Total functional expenses rose by 128%, from $108K to $247K. In its most recent filing year (2023), Strides To Success Inc reported a surplus of $21K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $268K | $247K | $242K | $-4,612 | — | — |
| 2022 | $232K | $220K | $210K | $3K | — | View 990 |
| 2021 | $261K | $239K | $204K | $4K | — | View 990 |
| 2020 | $210K | $177K | $168K | $11K | — | — |
| 2019 | $191K | $221K | $136K | $13K | — | View 990 |
| 2018 | $202K | $208K | $157K | $4K | — | View 990 |
| 2017 | $212K | $199K | $160K | $996 | — | View 990 |
| 2016 | $179K | $167K | $152K | $7K | — | View 990 |
| 2015 | $153K | $137K | $147K | $13K | — | View 990 |
| 2014 | $130K | $139K | $126K | $8K | — | View 990 |
| 2013 | $132K | $131K | $131K | $3K | — | View 990 |
| 2012 | $119K | $114K | $137K | $10K | — | View 990 |
| 2011 | $97K | $108K | $130K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $268K, expenses of $247K, and assets of $242K (revenue +15.5% year-over-year).
- 2022: Revenue of $232K, expenses of $220K, and assets of $210K (revenue -11.0% year-over-year).
- 2021: Revenue of $261K, expenses of $239K, and assets of $204K (revenue +24.3% year-over-year).
- 2020: Revenue of $210K, expenses of $177K, and assets of $168K (revenue +9.9% year-over-year).
- 2019: Revenue of $191K, expenses of $221K, and assets of $136K (revenue -5.5% year-over-year).
- 2018: Revenue of $202K, expenses of $208K, and assets of $157K (revenue -4.6% year-over-year).
- 2017: Revenue of $212K, expenses of $199K, and assets of $160K (revenue +18.7% year-over-year).
- 2016: Revenue of $179K, expenses of $167K, and assets of $152K (revenue +17.1% year-over-year).
- 2015: Revenue of $153K, expenses of $137K, and assets of $147K (revenue +17.7% year-over-year).
- 2014: Revenue of $130K, expenses of $139K, and assets of $126K (revenue -1.6% year-over-year).
- 2013: Revenue of $132K, expenses of $131K, and assets of $131K (revenue +10.3% year-over-year).
- 2012: Revenue of $119K, expenses of $114K, and assets of $137K (revenue +23.3% year-over-year).
- 2011: Revenue of $97K, expenses of $108K, and assets of $130K.
Data Sources and Methodology
This transparency report for Strides To Success Inc 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.