St. Stephen's Way provides affordable housing along with supportive services to homeless families referred by the Brevard School System.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $403K a year · 60% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
90 mo
of spending, in cash
Looks good: 89.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $80K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1K
0.09% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$360K
Spent
$143K
To programs
66%
Net assets
$1.6M
By yearFY2020–FY2024
Revenue
$360K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$360K
FY2021$789K
FY2024$866K
Expenses
$143K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$143K
FY2021$120K
FY2024$542K
Net assets
$1.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$2.3M
FY2024$3.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2015-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Nov 2015.

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

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $94K Management & general 12% · $17K Fundraising 22% · $31K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

John E Farrell’s $54K as Ed/Secretary Thru 3/14/24 is at the 43rd percentile of top reported officer pay among 851 $100K–1M housing 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

NameFY2024FY2021
John E Farrell$54,000—
John Farrell—$50,004

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 Saint Stephens Way 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

Programs and updates

Offers affordable housing and support to homeless families from local schools.

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Provided by the organization

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1 program · $94K · in their own filed words · FY2020
01

Affordable housing projects

$94Kprogram 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 · FY2024
Total grants receivedfrom 3 funders$80K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$360K
Ln 12
Gifts and grantsLn 1h$360K
Investment incomeLn 3−$3
Money outPt IX
$143K
Ln 25
Programscol B$94K
Managementcol C$17K
Fundraisingcol D$31K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.6M
LiabilitiesLn 26$1K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$360K
Government grantsLn 1e$0
Noncash giftsLn 1g$2K
Fundraising eventsLn 1c$0
Investment incomeLn 3−$3
Gains on assetsLn 7$0
Total revenueLn 12$360K
Assets in detailPt X, end of year
CashLn 1$132K
SavingsLn 2$936K
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$561K
Other assetsLn 15$13K
Total assetsLn 16$1.6M
LiabilitiesLn 26$1K
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$875K$1.1M
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$551K$561K
Total assetsLn 16$1.4M$1.6M
LiabilitiesLn 26$3K$1K
Net assetsLn 32$1.4M$1.6M
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$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$83K$58K$8K$17K
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$5K$3K$476$953
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Advertising and promotionLn 12$22K$10K$11K
Office expensesLn 13$5K$1K$2K$1K
Information technologyLn 14$2K$582$582$582
OccupancyLn 16$2K$2K$0$0
TravelLn 17$0
Depreciation, depletion and amortizationLn 22$6K$6K
InsuranceLn 23$2K$0$2K$0
Other expenses (24a–d)Ln 24$9K$6K$3K$337
All other expensesLn 24e$9K$8K$728$0
Total functional expensesLn 25$143K$94K$17K$31K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $866K$542K$323K$3.3M 990 PDF
FY2023 Not on file
FY2022 Not on file
FY2021 $789K$120K$669K$2.3M 990 PDF
FY2020 Viewing $360K$143K$217K$1.6M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $359,838 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $369,991$359,841
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $328−$3
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $370,319$359,838
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $37,060$87,295
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $50,692$55,655
I-18 Total expensesPrior year $87,752$142,950
I-19 Revenue less expensesPrior year $282,567$216,888
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $359,838 across 14 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$359,841
VIII-1g Noncash contributions (included above)$1,552
VIII-1h Total contributions, gifts and grants$359,841
VIII-3 Investment incomeRelated to mission −$3 · Unrelated business $0 · Excluded from tax $0−$3
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission −$3 · Unrelated business $0 · Excluded from tax $0$359,838
Part IX · Statement of functional expenses $142,950 across 20 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 $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $57,772 · Management $8,253 · Fundraising $16,506$82,531
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $3,335 · Management $476 · Fundraising $953$4,764
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $10,181 · Fundraising $11,433$21,614
IX-13 Office expensesPrograms $1,061 · Management $2,223 · Fundraising $1,433$4,717
IX-14 Information technologyPrograms $582 · Management $582 · Fundraising $582$1,746
IX-16 OccupancyPrograms $1,844 · Management $0 · Fundraising $0$1,844
IX-17 Travel$0
IX-22 Depreciation, depletion and amortizationPrograms $5,688$5,688
IX-23 InsurancePrograms $0 · Management $2,371 · Fundraising $0$2,371
IX-24 Other expenses (24a–d)Programs $5,979 · Management $2,844 · Fundraising $337$9,160
IX-24e All other expensesPrograms $7,787 · Management $728 · Fundraising $0$8,515
IX-25 Total functional expensesPrograms $94,229 · Management $17,477 · Fundraising $31,244$142,950
Part X · Balance sheet $1,641,812 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $397,654$131,769
X-2 Savings and temporary cash investmentsStart of year $477,424$935,712
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$400
X-10c Land, buildings and equipment, netStart of year $550,564$561,222
X-12 Other securitiesStart of year $0$0
X-15 Other assetsStart of year $840$12,709
X-16 Total assetsStart of year $1,426,482$1,641,812
X-17 Accounts payable and accrued expensesStart of year $474$188
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 $2,496$1,224
X-26 Total liabilitiesStart of year $2,970$1,412
X-27 Net assets without donor restrictionsStart of year $944,699$1,109,061
X-28 Net assets with donor restrictionsStart of year $478,813$531,339
X-32 Total net assets or fund balancesStart of year $1,423,512$1,640,400
X-33 Total liabilities and net assetsStart of year $1,426,482$1,641,812
Part XI · Reconciliation of net assets $1,640,400 net assets at year end
XI-1 Total revenue$359,838
XI-2 Total expenses$142,950
XI-3 Revenue less expenses$216,888
XI-4 Net assets at start of year$1,423,512
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$1,640,400

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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