Overview
What is Saint Stephen Development Corporation?
Saint Stephen Development Corporation, situated in Jacksonville, Florida, serves as a vital nonprofit organization. Their primary focus lies in offering exceptional childcare experiences and learning opportunities within the local community. Beyond this, they are committed to fostering development in various aspects of life, including education, workforce development, community development, home ownership, and overall improvement of youth and family well-being. With a team of 14 dedicated individuals, they strive to enrich the lives of their community members through their diverse services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 68%)
Saint Stephen Development Corporation has received a two-star rating from Charity Navigator, indicating that it requires improvement in certain areas. The organization has a decent accountability and finance score of 68%, supported by strong governance practices, including a fully independent board and no material diversions of assets. However, there are significant gaps in essential policies and disclosures that limit its overall score.
The financial metrics show that the organization maintains a healthy liabilities to assets ratio at 12.22%, which is positive. Yet, the program expense ratio at 58.62% suggests that a substantial portion of expenditures may not be directed towards its programs, raising concerns about operational efficiency. Additionally, while financial statements are appropriately reviewed, the absence of basic governance policies such as conflict of interest and whistleblower policies, as well as missing website disclosures, detracts from its transparency and accountability.
Overall, while Saint Stephen Development Corporation demonstrates some strengths in governance and financial health, it faces notable limitations in policy implementation and program efficiency. Addressing these issues could enhance its standing and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Saint Stephen Development Corporation legitimate?
Saint Stephen Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Stephen Development Corporation 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: $332,836
For more financial information, click here
What is the mission statement of Saint Stephen Development Corporation?
Saint Stephen Development Corporation's mission is to enhance the lives of youth and families by offering various services. These services include education, workforce development, community development, and promoting home ownership. The corporation aims to improve and enrich lives through these offerings. One of their primary functions is providing high-quality childcare and learning experiences for children within their community in Jacksonville.
Who is the CEO of Saint Stephen Development Corporation?
David Green Sr is the Director of Saint Stephen Development Corporation.
What is the revenue of Saint Stephen Development Corporation?
Saint Stephen Development Corporation's revenue in 2022 was $552,202.
Who are the executives of Saint Stephen Development Corporation and what are their salaries?
The average compensation at Saint Stephen Development Corporation during 2022 was $23,774. There are 14 employees at Saint Stephen Development Corporation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Saint Stephen Development Corporation?
Saint Stephen Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Saint Stephen Development Corporation
Saint Stephen Development Corporation is committed to enhancing the lives of youth and families in their community. Their mission is multifaceted, encompassing various services such as education, workforce development, community development, and promoting home ownership. The organization strives to provide these services with the aim of improving and enriching the lives of the individuals they serve. In addition to this, Saint Stephen Development Corporation offers exceptional childcare and learning experiences for children in the community, ensuring they have a nurturing environment to grow and develop.
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Impact
July, 2024
Saint Stephen Development Corporation's impact lies in providing exceptional childcare and learning experiences for children in the Jacksonville community. By focusing on education, workforce development, community development, and home ownership, the organization works to improve and enrich the lives of youth and families. Their dedication to serving the community helps create a more supportive and nurturing environment for children to thrive and reach their full potential.
This information is meant to be a general summary of Saint Stephen Development Corporation. 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.
- Program Service Revenue: $507,202
- Gross Receipts: $552,202
Assets and Liabilities:
- Total Assets: $332,763
- Total Liabilities: $60,362
- Net Assets: $272,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Care Learning
Revenue
$507,202
Organization Details
Founding Year
1998
Phone
(904) 358-2799Principal Officer
David Green Sr
Main Address
915 West 5th Street, Jacksonville, FL, 32209
NTEE Category
Code: P33 - Human services
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