Stepping Stones FY2022 filing

Tax-deductible

Nashua, NH501(c)(3)Human ServicesEIN 36-4976012

Stepping Stone's mission is to help homeless, unaccompanied youth up to age 25 become happy, self-sufficient adults.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$81K 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
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $61K a year · 14% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$81K
to officers and key staff · 39% of spending
Concern: pay to officers and key staff is 39% of spending; over 30%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$404K
+468% vs prior year
Spent
$210K
To programs
90%
Net assets
$227K
By yearFY2021–FY2023
Revenue
$404K
FY2022▲ +468%
Revenue by fiscal year
FY2021$71K
FY2022$404K
FY2023$495K
Expenses
$210K
FY2022
Expenses by fiscal year
FY2021Not on file
FY2022$210K
FY2023$568K
Net assets
$227K
FY2022▲ +592%
Net assets by fiscal year
FY2021$33K
FY2022$227K
FY2023$154K

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 (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Jul 2021.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $190K Management & general 2% · $5K Fundraising 7% · $15K

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

Who runs it and what they're paid

6 people listed on the 990; $81K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$81,346Pt VII · Sec A
Vice- President
$0Pt VII · Sec A
President/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kathy Farland’s $51K as Executive Director is at the 39th percentile of top reported officer pay among 2168 $100K–1M human services 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

NameFY2023FY2022FY2021
Kathy Farland$51,048$81,346$6,923

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 Stepping Stones 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

Programs and updates

Helps homeless youth become happy, self-sufficient adults.

Provided by the organization

This section is blank until Stepping Stones claims this page.

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1 program service account for $190K of program spending, described in the organization's own filed words · FY2022.
01

Stepping Stones helped 68 youth with many goals such as finding jobs, going back to school, attending college, finding apartments, getting driver's licenses, and more with 1700+ visits in 2022.

$190Kprogram expense

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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 1 funder$15K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$404K
Ln 12
Gifts and grantsLn 1h$342K
Other incomeLn 4–11$63K
Money outPt IX
$210K
Ln 25
Programscol B$190K
Managementcol C$5K
Fundraisingcol D$15K
Owns and owesPt X
$227K
net assets · Ln 32
Cash and savingsLn 1–2$143K
Total assetsLn 16$228K
LiabilitiesLn 26$1K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$342K
Government grantsLn 1e$120K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$16K
Other incomeLn 4–11$63K
Total revenueLn 12$404K
Assets in detailPt X, end of year
CashLn 1$93K
SavingsLn 2$50K
Cash and savings togetherLn 1–2$143K
InvestmentsLn 11–13$0
Other assetsLn 15$3K
Total assetsLn 16$228K
LiabilitiesLn 26$1K
Net assetsLn 32$227K
OperationsPt I, VI
EmployeesI 55
VolunteersI 655
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$48K$143K
InvestmentsLn 11–13$0$0
Total assetsLn 16$61K$228K
LiabilitiesLn 26$29K$1K
Net assetsLn 32$33K$227K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$61K$61K
Other salaries and wagesLn 7$57K$52K$5K
Payroll taxesLn 10$12K$11K$1K
Legal feesLn 11b$1K$1K
Other fees for servicesLn 11g$7K$7K
Office expensesLn 13$12K$8K$4K
OccupancyLn 16$44K$44K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$13K$10K$498$2K
Total functional expensesLn 25$210K$190K$5K$15K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $495K$568K−$72K$154K 990 PDF
FY2022 Viewing $404K$210K$194K$227K 990 PDF
FY2021 $71K$33K 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 (4 parts)
Part VIII · Statement of revenue $404,461 across 10 lines filed
Lines not itemized here account for $62,689 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$15,658
VIII-1d Related organizations$0
VIII-1e Government grants$120,000
VIII-1f All other contributions, gifts and grants$143,425
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$341,772
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $62,689 · Unrelated business $0 · Excluded from tax $0$404,461
Part IX · Statement of functional expenses $210,357 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $61,346$61,346
IX-7 Other salaries and wagesPrograms $52,174 · Fundraising $5,000$57,174
IX-10 Payroll taxesPrograms $10,975 · Fundraising $1,051$12,026
IX-11b Legal feesManagement $1,206$1,206
IX-11g Other fees for servicesFundraising $6,979$6,979
IX-13 Office expensesPrograms $8,260 · Management $3,541$11,801
IX-16 OccupancyPrograms $43,588$43,588
IX-23 InsurancePrograms $2,998$2,998
IX-24 Other expenses (24a–d)Programs $10,280 · Management $498 · Fundraising $2,461$13,239
IX-25 Total functional expensesPrograms $189,621 · Management $5,245 · Fundraising $15,491$210,357
Part X · Balance sheet $228,074 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $48,124$92,520
X-2 Savings and temporary cash investmentsStart of year $0$50,008
X-3 Pledges and grants receivableStart of year $0$77,200
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $9,815$5,016
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $3,330$3,330
X-16 Total assetsStart of year $61,269$228,074
X-17 Accounts payable and accrued expensesStart of year $8,226$554
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $20,275$648
X-26 Total liabilitiesStart of year $28,501$1,202
X-27 Net assets without donor restrictionsStart of year $32,768$181,856
X-28 Net assets with donor restrictionsStart of year $0$45,016
X-32 Total net assets or fund balancesStart of year $32,768$226,872
X-33 Total liabilities and net assetsStart of year $61,269$228,074
Part XI · Reconciliation of net assets $226,872 net assets at year end
XI-1 Total revenue$404,461
XI-2 Total expenses$210,357
XI-3 Revenue less expenses$194,104
XI-4 Net assets at start of year$32,768
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$226,872

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

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