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Stepping Stones Shelter Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521281647 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Stepping Stones Shelter Inc?

Stepping Stones Shelter Inc is a compassionate nonprofit organization situated in Rockville, Maryland. With a dedicated team of 16 individuals, their primary mission is to assist homeless families with children, helping them transition from crisis to a stable living environment. They provide essential services such as shelter, food, and supportive care in a respectful atmosphere, fostering dignity for their clients. Their continuum of services extends beyond the initial shelter period, offering post-shelter support to promote self-sufficiency and family strengthening, thereby offering hope for a better future.


Official website here: www.steppingstonesshelter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

Stepping Stones Shelter Inc has achieved a commendable Four-Star rating on Charity Navigator, reflecting strong performance in accountability and finance. With a score of 92%, the organization demonstrates effective governance, highlighted by having a fully independent board and robust financial oversight measures. Their program expense ratio of 76.81% indicates a significant portion of their funds is directed towards their mission-related activities.

However, there are some areas for improvement noted in their governance practices. The organization is missing key policies such as a whistleblower policy and a document retention and destruction policy, which could enhance transparency and accountability. Despite these gaps, the overall financial health and operational integrity of Stepping Stones Shelter Inc are well-regarded.

Overall, Stepping Stones Shelter Inc stands out for its commitment to accountability, evidenced by its high scores in various governance metrics. While addressing the missing policies could strengthen their nonprofit practices, their financial stewardship and focus on program expenses suggest they are effectively working towards their mission of providing shelter and support.


This AI summary has been generated from information found on Charity Navigator.

Is Stepping Stones Shelter Inc legitimate?

Stepping Stones Shelter Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stepping Stones Shelter Inc 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: $121,593
Professional Fundraising Fees: $0
Other Salaries and Wages: $378,921

For more financial information, click here


Official website here: www.steppingstonesshelter.org

What is the mission statement of Stepping Stones Shelter Inc?

Stepping Stones Shelter Inc. is committed to assisting homeless families with children, helping them transition from crisis to a stable home environment. This is achieved through the provision of essential services such as food, shelter, and support in a dignified and respectful atmosphere. The shelter's mission extends beyond survival, offering hope for the future, strengthening families, and promoting self-sufficiency. It strives to provide a supportive environment that encourages families to regain their footing and rebuild their lives.


Official website here: www.steppingstonesshelter.org

Who is the CEO of Stepping Stones Shelter Inc?

Marilyn Massey-Ball is the President of Stepping Stones Shelter Inc.


Official website here: www.steppingstonesshelter.org

What is the revenue of Stepping Stones Shelter Inc?

Stepping Stones Shelter Inc's revenue in 2023 was $1,094,436.


Official website here: www.steppingstonesshelter.org

Who are the executives of Stepping Stones Shelter Inc and what are their salaries?

The average compensation at Stepping Stones Shelter Inc during 2023 was $31,282. There are 16 employees and 141 volunteers at Stepping Stones Shelter Inc.


Here are 13 key members and their salaries:


Stacey Gold (Executive Dir.)
  • Compensation: $120,986
  • Related: $0
  • Other: $0
William Buskirk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elyse Wallnutt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Russell-Einhorn Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Massey-Ball (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Carrithers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Jolly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Welber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Barber (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael O'Hearn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette R Wolfe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raj Kumar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Zimmerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.steppingstonesshelter.org

Where can I find the form 990 for Stepping Stones Shelter Inc?

Stepping Stones Shelter Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.steppingstonesshelter.org

Learn more at the official website: www.steppingstonesshelter.org

Mission Statement of Stepping Stones Shelter Inc

Stepping Stones Shelter Inc, a renowned organization, is committed to providing a comprehensive range of services aimed at assisting homeless families with children. Their mission is twofold: firstly, they strive to help these families transition from a crisis situation to a stable home environment. Secondly, they create an atmosphere of dignity and respect while offering food, shelter, and supportive services. By doing so, Stepping Stones Shelter Inc provides a beacon of hope for the future, strengthens families, and fosters self-sufficiency. The organization's ultimate goal is to empower these families, enabling them to regain their footing and rebuild their lives with confidence and resilience.

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Impact




July, 2024

Stepping Stones Shelter Inc's impact is evident in its provision of a continuum of services to homeless families with children, guiding them from crisis to a stable home environment by offering food, shelter, and supportive services. By providing emergency residential shelter for families in need and post-shelter support for formerly homeless families, Stepping Stones Shelter promotes dignity and respect in its services, offering hope for the future, strengthening families, and fostering self-sufficiency.




This information is meant to be a general summary of Stepping Stones Shelter Inc. 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.

Revenue
$1,094,436 (2023)
Expenses
$891,642 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $13,115
  • Gross Receipts: $1,176,541

Assets and Liabilities:

  • Total Assets: $1,277,253
  • Total Liabilities: $195,732
  • Net Assets: $1,081,521

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Organization Details

Founding Year

1980

Principal Officer

Marilyn Massey-Ball

Main Address

PO Box 712, Rockville, MD, 20848

NTEE Category

Code: L410 - Housing

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