Step Up Savannah INC EIN 30-0526014 Form 990 (PDF) Claim this org

Step Up Savannah INC

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Improves economic mobility and financial stability for Savannah families through community engagement. For fiscal year 2024 it reported $788K in revenue, $754K in expenses, and $811K in net assets.Pt I

Type
Public charity (501(c)(3)) · Social Science
Location
Savannah, GA
Website
stepupsavannah.org
Filings
5 on file (2020–2024)
Revenue
$788KFY2024
Expenses
$754K
Net assets
$811K
People
29
Filings
5
Updates
0
More identity details & actions ⌄
EIN  30-0526014 Public charity (501(c)(3)) Savannah, GA
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves economic mobility and financial stability for Savannah families through community engagement.
Leadership
Derrick Parker · Executive Di · $69K
Money in and out
$788K revenue, $754K expenses
Bottom line
71% program efficiency
Where the money goes · FY2024
Total revenue
$788K
Pt VIII · Ln 12
Total expenses
$754K
Pt IX · Ln 25
Net assets
$811K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $34K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.24 Fundraising $0.05
Program efficiency
71%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
14.1mo
months of highly liquid reserves at operating expense rate▲ +21% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -0.8% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$788K
FY2024▲ +2%
Expenses
$754K
FY2024▲ +2%
Total assets
$1.0M
FY2024▲ +13%
Total liabilities
$213K
FY2024▲ +69%
Total revenue
$788K
Pt VIII · Ln 12
Total expenses
$754K
Pt IX · Ln 25
Net assets
$811K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$34K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 327
Independent voting membersPt I · Ln 427

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStep Up Savannah INC
EINHdr · item D30-0526014
Principal addressHdr · item CSavannah, GA
WebsiteHdr · item Jstepupsavannah.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFSocial Science (V30)
Ruling yearIRS BMFJul 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a27
Independent voting membersPt VI · Ln 1b27
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$69,390Pt VII · Sec A
Executive Di
$48,663Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Derrick Parker’s $69K as Executive Di is at the 43rd percentile of top reported officer pay among 157 $100K–1M social science nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Alicia Johnson$48,663$103,273$96,410$91,865$76,154
Derrick Parker$69,390

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $514K of program spending, described in the organization's own filed words · FY2024.
01

Step up supports strategies that help families build wealth: bank on savannah: a program adopted by the banking taskforce to help people without a bank account access free and low-cost checking and savings accounts.

$235Kprogram expense
02

Step up supports workforce readiness and vocational training programs through these initiatives: chatham apprentice program-cap helps unemployed and under-employed chatham county residents find or create career paths that offer family-sustaining wages and opportunities for advancement.

$185Kprogram expense
03

Step up provides resources to build capacity in other community groups and non-profits to combat poverity. Neighborhood leadership academy (nla): nla is a 12-WEEK program offered by step up every year, typically in september, held at savannah state university.

$93Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$765K · 97%
Program service revenue$12K · 2%
Other revenue$10K · 1%
Contributions & grants97%$765K
Program service revenue2%$12K
Other revenue1%$10K
Investment income$718
— government grantsLn 1e$422K
Total revenueLn 12$788K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.24 Fundraising $0.05
Program services71%$535K
Management & general24%$182K
Fundraising5%$37K
Total functional expensesLn 25$754K

Balance Sheet

Part X · end of year
CashLn 1$884K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$213K
Total net assetsLn 32$811K
Months of cash on handcomputed14.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $884K · Operating expenses/yr $754K
14.1 months
Where the money goes
Program services
Program services $535K · Total expenses $754K
71%
Management & General
Management & general $182K · Total expenses $754K
24%
Fundraising
Fundraising $37K · Total expenses $754K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $43K · Solicited contributions (3-yr avg) $356K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $765K · Total revenue $788K
97%
Government reliance
Government grants $422K · Total revenue $788K
54%
Earned-income share
Program service revenue $12K · Total revenue $788K
2%
Investment reliance
Investment income $718 · Total revenue $788K
+0.09%
Program self-sufficiency
Program service revenue $12K · Total expenses $754K
2%
Growth & trend
Revenue growth (YoY)
This year $788K · Prior year $774K
+2%
Revenue CAGR
FY2020 $757K · FY2024 $788K
+1%
Net-asset trend (YoY)
End of year $811K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $788K · Expenses $754K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
Net-asset ratio
Net assets $811K · Total assets $1.0M
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Derrick Parker · Reported title EXECUTIVE DI · Highest reported compensation $69K · Total expenses $754K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $375K · Total expenses $754K
50%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 24%
Fundraising cost ratio 5%
Revenue growth 2%
Accounting fee ratio 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$26K
Grants paid · 2 grants · $50K · 2020–2022
Unitemized GrantFY2020$38,998

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$788K revenue · viewing · ⤓ 990 PDF
FY2023$774K revenue · ⤓ 990 PDF
FY2022$875K revenue · ⤓ 990 PDF
FY2021$707K revenue · ⤓ 990 PDF
FY2020$757K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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