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Stepping Stone Inc

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

EIN: 550579420 ✦ Fairmont, WV ✦ Designated as a 501(c)(3)

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Overview

What is Stepping Stone Inc?

Stepping Stone Inc is a nonprofit organization that provides a nurturing environment and support for troubled male juveniles, aged nine to eleven. Their primary mission involves offering housing, meals, and counseling services to help these young individuals overcome their challenges. Through their programs, Stepping Stone aims to foster personal growth and development, providing a safe space for these juveniles as they navigate through their issues.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75%, Three-Star out of Four Star rating.

Stepping Stone Inc has received a solid Three-Star rating, indicating a respectable level of accountability and financial health. With an overall score of 75%, the organization demonstrates a strong commitment to transparency and responsible management of resources. Key strengths include having a fully independent board and no reported material diversion of assets, which are critical factors in maintaining donor trust.

The organization excels in its program expense ratio, with 85.35% of its expenditures directed towards programs, reflecting a focus on fulfilling its mission rather than administrative costs. Additionally, the presence of a robust conflict of interest policy and documented board meeting minutes further enhances its credibility.

Despite its positive aspects, the overall score of 75% suggests there may be areas for improvement to reach higher ratings. Strengthening certain financial practices and increasing organizational communication could contribute to a more robust evaluation in the future. Overall, Stepping Stone Inc shows promise as a responsible nonprofit entity.


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

Is Stepping Stone Inc legitimate?

Stepping Stone Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stepping Stone 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $629,904

For more financial information, click here

What is the mission statement of Stepping Stone Inc?

Stepping Stone Inc is dedicated to supporting troubled juveniles by offering them a residential facility and counseling services. Their mission is to provide a safe living environment and therapeutic assistance to nine to eleven male adolescents, aiming to help them overcome their challenges. The organization's programs encompass both housing and counseling services to facilitate the personal growth and well-being of these juveniles.

What is the revenue of Stepping Stone Inc?

Stepping Stone Inc's revenue in 2024 was $974,149.

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

The average compensation at Stepping Stone Inc during 2024 was $29,995. There are 21 employees at Stepping Stone Inc.

Here are 10 key members and their salaries:


Heather Collins (Director)
  • Compensation: $90,655
  • Related: $0
  • Other: $13,030
Wendy Arnett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Berry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Dragich (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Frantz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valinda Loy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mcateer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Riffle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Riffle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Starn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Stepping Stone Inc?

Stepping Stone Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Stepping Stone Inc

Stepping Stone Inc, a nonprofit organization, is dedicated to addressing the needs of troubled juveniles. Its mission is to provide a supportive environment for these young individuals, offering both temporary housing and counseling services. Specifically, the organization caters to nine to eleven male juveniles, offering them a place to stay and guidance to help them navigate through their challenges. By combining residential facilities with counseling programs, Stepping Stone Inc aims to offer a holistic approach to rehabilitation, helping these youths overcome their problems and potentially turn their lives around.

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Impact




July, 2024

Stepping Stone Inc has a significant impact on the community by providing housing and support services for problem juveniles. Through their programs, they offer a safe and nurturing environment, counseling, and room and board for nine to eleven male juveniles. This organization plays a crucial role in addressing the needs of at-risk youth and helping them to overcome challenges they face. Their work contributes towards improving the lives of these individuals and fostering positive outcomes for their future.




This information is meant to be a general summary of Stepping Stone 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
$974,149 (2024)
Expenses
$1,021,985 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $8,382
  • Program Service Revenue: $942,231
  • Gross Receipts: $974,149

Assets and Liabilities:

  • Total Assets: $781,660
  • Total Liabilities: $0
  • Net Assets: $781,660

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES FROM GOVERNMENT AGENCIES

Revenue

$900,699

MEDICAID

Revenue

$41,532

Organization Details

Founding Year

1977

Principal Officer

Susan Riffle

NTEE Category

Code: P730 - Human services

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