Steps INC EIN 80-0193566

Steps INC

EIN  80-0193566 Public charity (501(c)(3)) Groton, CT
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Empowering girls with tools for integrity and self-sufficiency through positive choices.
Leadership
Beatrice Jennette · Director · $16K
Money in and out
$201K revenue, $181K expenses
Bottom line
71% program efficiency

Empowering girls with tools for integrity and self-sufficiency through positive choices. For fiscal year 2025 it reported $201K in revenue, $181K in expenses, and $38K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$201K
Pt VIII · Ln 12
Total expenses
$181K
Pt IX · Ln 25
Net assets
$38K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.20 Fundraising $0.09
Program efficiency
71%
of spending reaches programs▼ -12% vs prior filing year
Operating runway
3.6mo
months of highly liquid reserves at operating expense rate▲ +80% vs prior filing year
Surplus margin
+10%
revenue over expenses, this year▼ -10% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$201K
FY2025▼ -27%
Expenses
$181K
FY2025▼ -27%
Total assets
$55K
FY2025▲ +32%
Total liabilities
$18K
FY2025▲ +90%
Total revenue
$201K
Pt VIII · Ln 12
Total expenses
$181K
Pt IX · Ln 25
Net assets
$38K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20K
Total assetsPt X · Ln 16$55K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $128K of program spending, described in the organization's own filed words · FY2024.
01

1. After-school empowerment workshops for young women in grades 4-12 in Southeastern Connecticut.2. 2024 Summer Leadership and Enrichment Program that enhanced young women's overall wellness and additional leadership activities.3. Implemented Saturday programming where families were invited to activities to promote family engagement.

$128Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSteps INC
EINHdr · item D80-0193566
Principal addressHdr · item CGroton, CT
WebsiteHdr · item Jwww.stepsct.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P40)
Ruling yearIRS BMFNov 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$15,600Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Beatrice Jennette’s $16K as Director is at the 8th 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Beatrice Jennette$15,600$16,800$15,000$17,400$10,400$8,200

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 & grants$182K · 91%
Program service revenue$10K · 5%
Other revenue$9K · 4%
Contributions & grants91%$182K
Program service revenue5%$10K
Other revenue4%$9K
Total revenueLn 12$201K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.20 Fundraising $0.09
Program services71%$128K
Management & general20%$37K
Fundraising9%$16K
Total functional expensesLn 25$181K

Balance Sheet

Part X · end of year
CashLn 1$55K
Total assetsLn 16$55K
Total liabilitiesLn 26$18K
Total net assetsLn 32$38K
Months of cash on handcomputed3.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $55K · Operating expenses/yr $181K
3.6 months
Where the money goes
Program services
Program services $128K · Total expenses $181K
71%
Management & General
Management & general $37K · Total expenses $181K
20%
Fundraising
Fundraising $16K · Total expenses $181K
9%
Cost to raise $1
Fundraising expense (2-yr avg) $13K · Solicited contributions (2-yr avg) $215K
$0.06 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $182K · Total revenue $201K
91%
Government reliance
Government grants — · Total revenue $201K
Earned-income share
Program service revenue $10K · Total revenue $201K
5%
Investment reliance
Investment income $0 · Total revenue $201K
0%
Program self-sufficiency
Program service revenue $10K · Total expenses $181K
6%
Growth & trend
Revenue growth (YoY)
This year $201K · Prior year $277K
-27%
Revenue CAGR
FY2019 $115K · FY2024 $201K
+12%
Net-asset trend (YoY)
End of year $38K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $201K · Expenses $181K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $55K
Net-asset ratio
Net assets $38K · Total assets $55K
68%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $55K
0%
People & payroll
Highest Reported Total Compensation
Individual Beatrice Jennette · Reported title Director · Highest reported compensation $16K · Total expenses $181K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $102K · Total expenses $181K
56%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 20%
Fundraising cost ratio 9%
Revenue growth -27%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 3%
Fundraising fee ratio 0%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$31K

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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)$201K revenue · viewing · ⤓ 990 PDF
FY2024$277K revenue · ⤓ 990 PDF
FY2023$161K revenue · ⤓ 990 PDF
FY2022$103K revenue · ⤓ 990 PDF
FY2021$273K revenue · ⤓ 990 PDF
FY2020$115K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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