Overview
What is Step Up For Students - Florida Inc?
Step Up For Students - Florida Inc is a Jacksonville-based nonprofit organization that empowers families to select the most suitable learning environments for their underprivileged children. Established in 2001, this program is the largest tax-credit scholarship initiative in the nation and assisted 100,198 students in attending private schools or out-of-district public schools during the 2022-23 academic year. With a workforce of 182 employees, Step Up For Students bridges the gap for families who lack crucial information and financial resources to access diverse educational opportunities. Their mission aligns with public education's promise of equal opportunity by enabling families to make informed decisions about their children's education.
Official website here: www.stepupforstudents.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
Step Up For Students - Florida Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. With a perfect score of 100 in Accountability & Finance, the organization showcases strong management practices, including an independent board and thorough financial audits. It has established policies in place regarding conflicts of interest and whistleblowing, which further enhance its transparency.
The nonprofit demonstrates exceptional efficiency in its operations, with a program expense ratio of 98.67%, indicating that a significant majority of its expenditures directly support its programs. Additionally, it boasts a fundraising efficiency ratio of $0, meaning it has effectively minimized fundraising costs, allowing more resources to be directed toward its mission. The organization has also received perfect scores in constituent feedback and usage, showing its commitment to valuing and incorporating community input into its practices.
Despite its strengths, there are areas for improvement, particularly in the Culture & Community score, which stands at 86. This indicates a potential need for enhanced engagement strategies within the communities it serves. Overall, Step Up For Students - Florida Inc is a well-managed nonprofit with a strong financial foundation and a dedication to transparency and accountability, though there remains an opportunity to strengthen its community outreach efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Step Up For Students - Florida Inc legitimate?
Step Up For Students - Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Step Up For Students - Florida 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: $1,942,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,534,094
For more financial information, click here
Official website here: www.stepupforstudents.org
What is the mission statement of Step Up For Students - Florida Inc?
Step Up For Students - Florida Inc empowers families to explore the most suitable learning options for their children, particularly focusing on those who lack the necessary information and financial resources. By fulfilling this mission, the organization contributes to public education's commitment to equal opportunity. In the 2022-23 school year, over 100,000 underprivileged students attended private schools on a Step Up For Students tax credit scholarship, making it the largest such scholarship program in the nation. Qualified students can receive a maximum scholarship of up to $10,373 for private school tuition and fees or up to $750 in transportation costs to attend an out-of-district public school. The scholarship program, established in 2001, aims to alleviate the educational challenges faced by children living in poverty.
Official website here: www.stepupforstudents.org
Who is the CEO of Step Up For Students - Florida Inc?
Joe Pfountz is the Chairman, Sufs/Director, A of Step Up For Students - Florida Inc.
Official website here: www.stepupforstudents.org
What is the revenue of Step Up For Students - Florida Inc?
Step Up For Students - Florida Inc's revenue in 2023 was $913,033,619.
Official website here: www.stepupforstudents.org
Who are the executives of Step Up For Students - Florida Inc and what are their salaries?
The average compensation at Step Up For Students - Florida Inc during 2023 was $112,508. There are 182 employees and 356 volunteers at Step Up For Students - Florida Inc.
Here are 19 key members and their salaries:
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- Compensation: $258,138
- Related: $28,682
- Other: $33,909
- Compensation: $213,140
- Related: $23,682
- Other: $23,450
- Compensation: $190,880
- Related: $21,209
- Other: $16,250
- Compensation: $182,374
- Related: $20,264
- Other: $18,898
- Compensation: $161,981
- Related: $17,998
- Other: $19,130
- Compensation: $153,543
- Related: $17,060
- Other: $11,517
- Compensation: $153,239
- Related: $17,027
- Other: $15,920
- Compensation: $144,205
- Related: $16,023
- Other: $29,354
- Compensation: $135,371
- Related: $15,041
- Other: $18,812
Official website here: www.stepupforstudents.org
Where can I find the form 990 for Step Up For Students - Florida Inc?
Step Up For Students - Florida Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stepupforstudents.org
Learn more at the official website: www.stepupforstudents.org
Mission Statement of Step Up For Students - Florida Inc
Step Up For Students-Florida, a prominent nonprofit organization, empowers families to explore and engage in the most fitting learning opportunities for their children, particularly those who lack the necessary information and financial resources. By carrying out this mission, the organization contributes to public education upholding the promise of equal opportunity.
The Florida Tax Credit Scholarship Program, initiated by Step Up For Students-Florida in 2001, assists underprivileged students in attending private schools. In the 2022-23 academic year, over 100,198 students benefited from this scholarship, attending 2,090 private schools. The scholarship program offers maximum scholarships of up to $10,373, depending on grade level and county residence, for private school tuition and fees or up to $750 in transportation costs to attend an out-of-district public school. This program was established to confront the substantial educational challenges faced by children living in poverty and has since grown to become the largest scholarship program of its kind in the nation.
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Impact
October, 2024
Step Up For Students - Florida Inc. empowers families to pursue the most suitable educational options for their children, focusing particularly on those who lack the necessary information and financial resources. The impact of their initiatives is significant, with the Florida Tax Credit Scholarship Program currently supporting over 100,000 underprivileged students. In the 2022-23 school year alone, these scholarships enabled students to attend 2,090 private schools, providing opportunities that might otherwise be out of reach due to financial constraints.
Created in 2001 to address the challenges faced by children living in poverty, this program has become the largest of its kind in the nation. Families can receive substantial financial assistance, with scholarships reaching up to $10,373, depending on variables such as grade level and county residence. Additionally, there are provisions for transportation costs, further facilitating access to quality education.
By focusing on equal opportunity in education, Step Up For Students plays a crucial role in helping public education fulfill its promise, enabling families to make informed choices about their children's learning pathways and empowering them to overcome socio-economic barriers.
This information is meant to be a general summary of Step Up For Students - Florida 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $16,661,008
- Gross Receipts: $913,033,619
Assets and Liabilities:
- Total Assets: $1,519,328,624
- Total Liabilities: $386,607,584
- Net Assets: $1,132,721,040
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Organization Details
Founding Year
2000
Phone
(904) 352-2246Principal Officer
Joe Pfountz
Main Address
4655 SALISBURY ROAD 400, JACKSONVILLE, FL, 32256
Website
www.stepupforstudents.orgNTEE Category
Code: B122 - Education
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