Step Onward Foundation EIN 47-2414072 Form 990 (PDF) Claim this org

Step Onward Foundation FY2024 filing

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Breaks the cycle of homelessness by partnering with community groups. For fiscal year 2024 it reported $304K in revenue, $311K in expenses, and $314K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Austin, TX
Website
steponward.org
Filings
6 on file (2020–2024)
Revenue
$304KFY2024
Expenses
$311K
Net assets
$314K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  47-2414072 Public charity (501(c)(3)) Austin, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Breaks the cycle of homelessness by partnering with community groups.
Leadership
Kristine Weixel · Director of Operations · $70K
Money in and out
$304K revenue, $311K expenses
Bottom line
75% program efficiency
Where the money goes · FY2024
Total revenue
$304K
Pt VIII · Ln 12
Total expenses
$311K
Pt IX · Ln 25
Net assets
$314K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$7K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.09 Fundraising $0.16
Program efficiency
75%
of spending reaches programs
Operating runway
13.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$304K
FY2024▲ +13%
Expenses
$311K
FY2024▲ +54%
Total assets
$319K
FY2024▼ -4%
Total liabilities
$4K
FY2024▼ -57%
Total revenue
$304K
Pt VIII · Ln 12
Total expenses
$311K
Pt IX · Ln 25
Net assets
$314K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$7K
Total assetsPt X · Ln 16$319K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $233K of program spending, described in the organization's own filed words · FY2023.
01

Provide funding and mentoring for individuals who have experienced childhood homelessness or housing insecurity and families who are facing homelessness because of a critical or terminal illness of a child. Funding areas include housing, education, food security, transportation and mental health and wellness.

$233Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStep Onward Foundation
EINHdr · item D47-2414072
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jsteponward.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFMar 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Director of Operations
$69,571Pt VII · Sec A
Co-Founder/Dir Develop
$54,703Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kristine Weixel$77,243$69,571$33,219
Patrice Pike$55,000$54,703$50,000$48,035$37,400$36,000

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

Part VIII
Contributions & grants114%$347K
Total revenueLn 12$304K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.09 Fundraising $0.16
Program services75%$233K
Management & general9%$30K
Fundraising16%$48K
Total functional expensesLn 25$311K

Balance Sheet

Part X · end of year
CashLn 1$319K
Total assetsLn 16$319K
Total liabilitiesLn 26$4K
Total net assetsLn 32$314K
Months of cash on handcomputed12.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $319K · Operating expenses (Pt IX) $311K · Less non-cash grants $33K · Cash operating expenses/yr $279K
13.7 months
Where the money goes
Program services
Program services $233K · Total expenses $311K
75%
Management & General
Management & general $30K · Total expenses $311K
9%
Fundraising
Fundraising $48K · Total expenses $311K
16%
Cost to raise $1
Fundraising expense (3-yr avg) $29K · Solicited contributions (3-yr avg) $296K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $347K · Total revenue $304K
114%
Government reliance
Government grants — · Total revenue $304K
Earned-income share
Program service revenue $0 · Total revenue $304K
0%
Investment reliance
Investment income $0 · Total revenue $304K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $311K
0%
Growth & trend
Revenue growth (YoY)
This year $304K · Prior year $270K
+13%
Revenue CAGR
FY2019 $154K · FY2023 $304K
+19%
Net-asset trend (YoY)
End of year $314K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $304K · Expenses $311K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $319K
Net-asset ratio
Net assets $314K · Total assets $319K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $319K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kristine Weixel · Reported title DIRECTOR OF OPERATIONS · Highest reported compensation $70K · Total expenses $311K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $143K · Total expenses $311K
46%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 9%
Fundraising cost ratio 14%
Revenue growth 13%
Accounting fee ratio 0.4%

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 · FY2024
Total grants receivedfrom 2 funders$44K
Grants paid · 4 grants · $310K · 2021–2024
Unitemized GrantFY2024$115,847
Unitemized GrantFY2023$121,096
Unitemized GrantFY2022$54,639
Unitemized GrantFY2021$18,837

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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
FY2025 (Latest)$113K revenue · ⤓ 990 PDF
FY2024$304K revenue · viewing · ⤓ 990 PDF
FY2023$270K revenue · ⤓ 990 PDF
FY2022$249K revenue · ⤓ 990 PDF
FY2021$123K revenue · ⤓ 990 PDF
FY2020$154K 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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