Steps Program INC FY2021 filing
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Empowering students with learning challenges through structured post-secondary support and peer services. For fiscal year 2021 it reported $2.6M in revenue, $2.3M in expenses, and $1.2M in net assets.Pt I
Summary of the Filing
Where the work happens
College steps partners with colleges to provide individualized college support for students living with social or learning challenges. College steps offers its support program to students for whom navigating college is challenged by social, academic, or learning barriers.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Lauren Merritt’s $166K as COO is at the 72nd percentile of top reported officer pay among 3392 $1–10M education 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 · 4 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Lauren Merritt | $166,417 | $152,132 | $143,673 | $127,920 | $123,379 |
| Aaron Rakow | $107,399 | $96,674 | $111,037 | $127,920 | $134,762 |
| William Blum | $112,838 | $104,935 | — | — | — |
| Denise Halter | — | — | — | $111,797 | $102,869 |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 98% | — | — |
| Overhead ratio | 2% | — | — |
| Fundraising cost ratio | 21% | — | — |
| Accounting fee ratio | 1% | — | — |
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.
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