Stepping Stones Inc

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

EIN: 550593968 ✦ Lavalette, WV ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Stepping Stones Inc?

Stepping Stones Inc is a nonprofit organization primarily dedicated to providing a foster home environment for boys. This residential care facility aims to support and nurture young males in need, focusing on their well-being and overall development. The organization's mission is deeply rooted in providing a safe and caring environment, ensuring that the boys in their care receive necessary resources and support. Although specific details about their activities or expenses are not provided, it is clear that Stepping Stones Inc is committed to making a positive impact on the lives of young boys in need of foster care.


Official website here: www.steppingstonesinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% - Three-Star out of Four Star rating

Stepping Stones Inc has achieved a commendable Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. The organization excels with 100% independent board members and robust financial oversight, which are critical for maintaining trust and transparency with donors and stakeholders. Its program expense ratio of 76.17% indicates that a significant portion of the funds is directed towards its mission-related activities.

Despite these strengths, the organization has some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which could enhance its governance framework. Addressing these deficiencies would not only strengthen its operational practices but also bolster its overall accountability.

In summary, while Stepping Stones Inc demonstrates a strong commitment to its financial responsibilities and effective program execution, it could benefit from implementing additional governance policies to further enhance its credibility and trustworthiness in the nonprofit sector.


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

Is Stepping Stones Inc legitimate?

Stepping Stones Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stepping Stones 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: $450,854

For more financial information, click here


Official website here: www.steppingstonesinc.org

What is the mission statement of Stepping Stones Inc?

Stepping Stones Inc is committed to serving as a foster home for boys. Their primary mission is to provide a nurturing environment where these boys can grow and develop. The organization's activities are centered around residential child care, ensuring the boys' needs are met while managing the associated costs and expenses. While specific details about their advocacy or support initiatives are not provided, it can be inferred that their mission is to provide a safe and supportive home for boys in need.


Official website here: www.steppingstonesinc.org

Who is the CEO of Stepping Stones Inc?

Susan R Fry is the Executive Di of Stepping Stones Inc.


Official website here: www.steppingstonesinc.org

What is the revenue of Stepping Stones Inc?

Stepping Stones Inc's revenue in 2022 was $1,923,566.


Official website here: www.steppingstonesinc.org

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

The average compensation at Stepping Stones Inc during 2022 was $21,469. There are 21 employees at Stepping Stones Inc.


Here are 9 key members and their salaries:


Susan R Fry (Executive Di)
  • Compensation: $87,353
  • Related: $0
  • Other: $0
Raymona Preston (Assistant Di)
  • Compensation: $75,027
  • Related: $0
  • Other: $0
Kerry Adkins (V.Chair/Trea)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Bell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Cathers (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenna Michael (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Pack (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Perdue (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Thompson (V. Chair/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.steppingstonesinc.org

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

Stepping Stones Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.steppingstonesinc.org

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

Mission Statement of Stepping Stones Inc

Stepping Stones Inc, a nonprofit organization, is dedicated to providing a foster home for boys. Its primary mission is to offer a residential care environment for these young individuals, ensuring their well-being and growth. The organization's activities are centered around this mission, with a focus on the residential child care costs and expenses associated with this mission. Stepping Stones Inc is committed to providing a safe and nurturing environment for these boys, aiming to support their overall development during their time in care.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Stepping Stones Inc provides a vital lifeline for boys in need by offering a safe and nurturing foster home environment. Through their residential child care program, they contribute to the well-being and development of vulnerable young individuals. The organization's impact extends beyond meeting the basic needs of these boys, providing them with stability, support, and a sense of belonging during challenging times. Through their compassionate care and dedication, Stepping Stones Inc plays a crucial role in enhancing the lives of the boys under their care and making a positive difference in their future.




This information is meant to be a general summary of Stepping Stones 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
$1,923,566 (2022)
Expenses
$1,126,208 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $821
  • Program Service Revenue: $1,143,012
  • Gross Receipts: $1,923,566

Assets and Liabilities:

  • Total Assets: $1,549,259
  • Total Liabilities: $314,084
  • Net Assets: $1,235,175

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

MEDICAID REIMBURSEABLE SERVIC

Revenue

$1,132,554

MEDICAID REIMBURSEABLE SERVIC

Revenue

$10,458

Organization Details

Founding Year

1980

Principal Officer

Susan R Fry

Main Address

PO BOX 539, LAVALETTE, WV, 25535

NTEE Category

Code: P70 - Human services

If you are a representative of Stepping Stones Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.