Step by Step INC FY2023 filing
Supports young, unwed mothers aged 14-24. For fiscal year 2023 it reported $487K in revenue, $499K in expenses, and $564K in net assets.Pt I
- Founded
- 1996
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- Lexington, KY
- Website
- www.sbslex.org
- Filings
- 6 on file (2020–2023)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Latanya Torp’s $85K as Executive Director is at the 77th percentile of top reported officer pay among 2165 $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 · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|---|
| Latanya Torp | $85,280 | — | — | — | — |
| Latanya Torp | — | $82,000 | $78,391 | $76,161 | $54,728 |
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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Where the work happens
Revive Night in-person programming six times per month, which includes short life skill workshops (spiritual formation, parenting, domestic violence prevention, child abuse prevention and more)and dedicated Revive Kids children's programming.
Revive Night in-person programming six times per month, which includes short life skill workshops (spiritual formation, parenting, domestic violence prevention, child abuse prevention and more)and dedicated Revive Kids childrens programming.
Levelp Up Series includes life skills courses, goal setting, mentoring, financial literacy, and more. Every in-person even includes free transportation and children's programming.
Level Up Series includes life skills courses, goal setting, mentoring, financial literacy, and more. Every in-person event includes free transportation and childrens programming.
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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 | 62% | — | — |
| Overhead ratio | 26% | — | — |
| Fundraising cost ratio | 12% | — | — |
| Revenue growth | 40% | — | — |
| Investment management fee ratio | 0.09% | — | — |
| Accounting fee ratio | 0.2% | — | — |
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
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Filings & Schedule Manifest
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Sources
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