Project Steps to Christ INC FY2022 filing

Tax-deductible

Ft Covington, NY501(c)(3)Since 1980ReligionEIN 36-3099713Revenue $724K in FY2022

On file with the IRSprojectstc.org302 Foster Rd, 12937-2416 · Ft Covington, NYTax-exempt since Aug 1981Publicly supported charity — 170(b)(1)(A)(vi)

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Our mission is to give every home in the united states the opportunity to receive the message of salvation as revealed in jesus Christ through the distribution of free christian literature. Additionally, we provide an abundance of other free materials available upon request that minister to the spiritual, physical, emotional, and social needs of the family and individuals.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$62K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $4K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$62K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $50K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$83K
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$724K
-23% vs prior year
Spent
$748K
To programs
75%
Net assets
$322K
By yearFY2020–FY2025
Revenue
$724K
FY2022▼ -23%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$944K
FY2022$724K
FY2023$659K
FY2024$479K
FY2025$393K
Expenses
$748K
FY2022▼ -34%
Tap a bar for its year
Expenses by fiscal year
FY2020$723K
FY2021$1.1M
FY2022$748K
FY2023$597K
FY2024$562K
FY2025$462K
Net assets
$322K
FY2022▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$524K
FY2021$329K
FY2022$322K
FY2023$382K
FY2024$305K
FY2025$256K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $561K Management & general 7% · $52K Fundraising 18% · $135K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $62K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$62,400Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Steve Peden’s $65K as Executive Di is at the 66th percentile of top reported officer pay among 2132 $100K–1M religion 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Steve Peden$64,800$62,400$64,080$62,400$61,504$56,576

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.

See Project Steps to Christ INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Distributes free Christian literature and other resources to meet spiritual and practical needs.

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Provided by the organization

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1 program · $561K · in their own filed words · FY2022
01

In 2022 our saturation mailings reached another 465,418 homes, our peacefinders website had over 21,000 visitors, and we reached 2,971,111 facebook users with our facebook ads. We added 13,318 new records to our interest database (people who requested our free resources), including 2,570 generated from our website, 1,658 from our mass…

$561Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$50K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$724K
Ln 12
Gifts and grantsLn 1h$727K
Fees for servicesLn 2g$12K
Money outPt IX
$748K
Ln 25
Programscol B$561K
Managementcol C$52K
Fundraisingcol D$135K
Owns and owesPt X
$322K
net assets · Ln 32
Cash and savingsLn 1–2$56K
Total assetsLn 16$405K
LiabilitiesLn 26$83K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$727K
Fees for servicesLn 2g$12K
Gains on assetsLn 7−$17K
Total revenueLn 12$724K
Assets in detailPt X, end of year
CashLn 1$56K
Cash and savings togetherLn 1–2$56K
Land, buildings, equipmentLn 10c$79K
Other assetsLn 15$45K
Total assetsLn 16$405K
LiabilitiesLn 26$83K
Net assetsLn 32$322K
OperationsPt I, VI
EmployeesI 54
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$252K$56K
Land, buildings, equipmentLn 10c$91K$79K
Total assetsLn 16$716K$405K
LiabilitiesLn 26$368K$83K
Net assetsLn 32$348K$322K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$62K$26K$10K$26K
Other salaries and wagesLn 7$169K$153K$16K
Payroll taxesLn 10$23K$17K$1K$4K
Accounting feesLn 11c$13K$13K
Office expensesLn 13$34K$21K$4K$9K
Information technologyLn 14$20K$14K$2K$4K
OccupancyLn 16$5K$2K$1K$2K
TravelLn 17$12K$879$11K
InterestLn 20$692$692
Depreciation, depletion and amortizationLn 22$9K$5K$2K$2K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$396K$323K$12K$61K
Total functional expensesLn 25$748K$561K$52K$135K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $393K$462K−$69K$256K 990 PDF
FY2024 $479K$562K−$83K$305K 990 PDF
FY2023 $659K$597K$62K$382K 990 PDF
FY2022 Viewing $724K$748K−$25K$322K 990 PDF
FY2021 $944K$1.1M−$195K$329K 990 PDF
FY2020 $1.1M$723K$332K$524K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $723,511 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $877,361$726,828
I-9 Program service revenuePrior year $54,533$11,744
I-10 Investment income−$17,160
I-11 Other revenuePrior year $11,703$2,099
I-12 Total revenuePrior year $943,597$723,511
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $237,636$253,978
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $901,272$494,479
I-18 Total expensesPrior year $1,138,908$748,457
I-19 Revenue less expensesPrior year −$195,311−$24,946
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $723,511 across 7 lines filed
VIII-1f All other contributions, gifts and grants$726,828
VIII-1h Total contributions, gifts and grants$726,828
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,744$11,744
VIII-6 Net rental income or lossExcluded from tax $1,964$1,964
VIII-7 Net gain or loss on sales of assetsRelated to mission −$17,160−$17,160
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $135$135
VIII-12 Total revenueRelated to mission −$5,416 · Excluded from tax $2,099$723,511
Part IX · Statement of functional expenses $748,457 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $26,000 · Management $10,400 · Fundraising $26,000$62,400
IX-7 Other salaries and wagesPrograms $153,223 · Fundraising $15,786$169,009
IX-10 Payroll taxesPrograms $17,479 · Management $1,014 · Fundraising $4,076$22,569
IX-11c Accounting feesManagement $13,140$13,140
IX-13 Office expensesPrograms $20,782 · Management $4,336 · Fundraising $9,026$34,144
IX-14 Information technologyPrograms $13,775 · Management $2,208 · Fundraising $4,444$20,427
IX-16 OccupancyPrograms $2,073 · Management $1,037 · Fundraising $2,073$5,183
IX-17 TravelManagement $879 · Fundraising $10,881$11,760
IX-20 InterestManagement $692$692
IX-22 Depreciation, depletion and amortizationPrograms $4,970 · Management $1,928 · Fundraising $1,911$8,809
IX-23 InsuranceManagement $4,660$4,660
IX-24 Other expenses (24a–d)Programs $322,939 · Management $11,752 · Fundraising $60,973$395,664
IX-25 Total functional expensesPrograms $561,241 · Management $52,046 · Fundraising $135,170$748,457
Part X · Balance sheet $404,951 assets, 13 lines filed
Asset lines not itemized here account for $52,065; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $252,012$56,363
X-4 Accounts receivableStart of year $83,668$35,894
X-9 Prepaid expenses and deferred chargesStart of year $210,317$136,124
X-10c Land, buildings and equipment, netStart of year $90,608$79,209
X-15 Other assetsStart of year $21,625$45,296
X-16 Total assetsStart of year $715,621$404,951
X-17 Accounts payable and accrued expensesStart of year $307,797$26,907
X-19 Deferred revenueStart of year $2,561$3,836
X-26 Total liabilitiesStart of year $367,936$82,808
X-27 Net assets without donor restrictionsStart of year $303,976$225,068
X-28 Net assets with donor restrictionsStart of year $43,709$97,075
X-32 Total net assets or fund balancesStart of year $347,685$322,143
X-33 Total liabilities and net assetsStart of year $715,621$404,951
Part XI · Reconciliation of net assets $322,143 net assets at year end
XI-1 Total revenue$723,511
XI-2 Total expenses$748,457
XI-3 Revenue less expenses−$24,946
XI-4 Net assets at start of year$347,685
XI-5 Net unrealized gains (losses) on investments−$596
XI-10 Net assets at end of year$322,143

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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