Overview
What is Services To Enhance Potential?
Services To Enhance Potential is a Michigan-based nonprofit organization dedicated to empowering individuals by enhancing their self-sufficiency and engagement in meaningful activities like education, work, and volunteering. This community-focused organization offers specialized skill development and education towards employment readiness, with a mission to support individuals in the pursuit of their personal goals and satisfaction in life. The program served over 1,400 participants throughout the fiscal year, and temporarily shifted to virtual skill building for up to 20 unique individuals during the health emergency. With a team of 819 employees, the organization remains committed to its mission.
Official website here: www.stepcentral.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Services To Enhance Potential has achieved a highly commendable Four-Star rating from Charity Navigator, with an overall score of 94%. This rating reflects the organization's strong commitment to accountability and financial transparency, evidenced by an impressive 96% score in that category. The charity's governance structure is solid, featuring a board composed entirely of independent members, which is crucial for maintaining integrity and accountability in its operations.
The organization excels in financial management, with a program expense ratio of 87.59%, ensuring that a significant portion of its funds directly supports its mission. Additional strengths include thorough audit processes and compliance with various financial policies such as conflict of interest and whistleblower protections. These factors contribute to a trusted and well-managed nonprofit.
However, while Services To Enhance Potential shows strength in accountability, its Culture & Community score of 77 suggests room for improvement in engaging and supporting its community stakeholders. Addressing this would enhance its overall impact and further solidify its reputation as a leading nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Services To Enhance Potential legitimate?
Services To Enhance Potential is a legitimate nonprofit organization registered as a 501(c)(3) entity. Services To Enhance Potential submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $283,990
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,713,328
For more financial information, click here
Official website here: www.stepcentral.org
What is the mission statement of Services To Enhance Potential?
Services To Enhance Potential is an organization dedicated to helping individuals in their pursuit of personal goals and achieving satisfaction in their lives. The mission of this organization is to support individuals by enhancing their self-sufficiency and engagement in meaningful activities. This can include education, work, and volunteering, which may be provided in various settings. The primary objective is to prepare participants for employment and enable them to maintain it. In the past fiscal year, the organization served over 1,400 individuals, and until the health emergency ended, they provided virtual skill-building assistance to up to 20 unique individuals.
Official website here: www.stepcentral.org
Who is the CEO of Services To Enhance Potential?
Brent Mikulski is the Chairperson of Services To Enhance Potential. The CEO's salary of Services To Enhance Potential is $162,734 and their total compensation is $186,780.
Official website here: www.stepcentral.org
What is the revenue of Services To Enhance Potential?
Services To Enhance Potential's revenue in 2022 was $14,368,854.
Official website here: www.stepcentral.org
Who are the executives of Services To Enhance Potential and what are their salaries?
The average compensation at Services To Enhance Potential during 2022 was $8,544. There are 819 employees at Services To Enhance Potential.
Here are 17 key members and their salaries (Services To Enhance Potential's CEO's salary is $162,734 and their total compensation is $186,780):
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- Compensation: $162,734
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- Compensation: $123,772
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- Other: $19,008
Official website here: www.stepcentral.org
Where can I find the form 990 for Services To Enhance Potential?
Services To Enhance Potential's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stepcentral.org
Learn more at the official website: www.stepcentral.org
Mission Statement of Services To Enhance Potential
Services To Enhance Potential, or STEP, is a mission-driven organization dedicated to helping individuals achieve personal satisfaction and self-sufficiency by pursuing their chosen goals. In simple terms, STEP's purpose is to provide assistance and education that enhances people's capabilities and engages them in meaningful activities, such as education, work, and volunteering.
The organization offers skill-building assistance, which is designed to empower participants to become ready for employment and maintain that employment. This assistance comes in various forms, including center-based, community-based, or home-based activities. By focusing on education and specialized skill development, STEP aims to prepare its clients for the workforce and support them in their journey towards self-sufficiency.
During the fiscal year, Services To Enhance Potential reached over 1,400 individuals with its programs. In response to the health emergency, the organization shifted to virtual skill-building sessions, accommodating up to 20 unique individuals until the end of the crisis. Clearly, STEP's commitment to its mission remains strong, and it continues to adapt to the changing needs of the communities it serves.
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Impact
October, 2024
Services To Enhance Potential significantly impacts individuals by fostering self-sufficiency and personal satisfaction in their lives. By offering skill-building assistance, the organization empowers individuals to pursue their education, employment, and volunteering interests, which are vital for personal growth and community engagement.
The program has successfully served over 1,400 individuals in a variety of settings, including centers, community spaces, and homes. This flexibility allows participants to receive tailored support in environments that best suit their needs. The focus on specialized skill development prepares individuals for employment, equipping them with the necessary tools to secure and maintain jobs.
During the health emergency, the shift to virtual skill-building initiatives showcased the organization's adaptability and commitment to continuing support for up to 20 individuals at a time. This innovative approach ensured that the pursuit of personal goals and meaningful activities remained accessible, even during challenging times.
Ultimately, Services To Enhance Potential plays a crucial role in enhancing the lives of individuals by helping them identify and reach their chosen goals, leading to a more fulfilling and engaged existence in their communities.
This information is meant to be a general summary of Services To Enhance Potential. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $112,041
- Program Service Revenue: $11,002,944
- Gross Receipts: $14,384,889
Assets and Liabilities:
- Total Assets: $16,577,932
- Total Liabilities: $1,373,799
- Net Assets: $15,204,133
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGED CARE NETWORKS
Revenue
$9,312,265
PRODUCTION AND ASSEMBLY
Revenue
$967,280
OTHER PUBLIC FUNDS
Revenue
$557,846
STATE OF MICHIGAN
Revenue
$165,553
Organization Details
Founding Year
1972
Phone
(313) 278-3040Principal Officer
Brent Mikulski
Main Address
2941 S GULLEY ROAD, DEARBORN, MI, 48124
Website
www.stepcentral.orgNTEE Category
Code: P82Z - Human services
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