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Step By Step Inc

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

EIN: 611313872 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Step By Step Inc?

Step By Step Inc is a nonprofit organization situated in Lexington, Kentucky. Their primary focus is to aid and empower young, unmarried mothers between the ages of 12 and 24. They accomplish this through various programs, including in-person workshops on topics such as financial literacy, spiritual formation, and parenting, as well as weekly support groups, case management, and crisis intervention. Furthermore, they offer workforce development practices to help these young mothers build sustainable careers. Their mission is to encourage and educate these individuals, ultimately aiming to improve their lives, families, and communities. Step By Step Inc employs a team of seven dedicated individuals to carry out these initiatives.

Is Step By Step Inc legitimate?

Step By Step Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Step By Step 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: $76,161
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,960

For more financial information, click here

What is the mission statement of Step By Step Inc?

Step By Step Inc's mission is to empower young single mothers between the ages of 12 and 24, encouraging them to enhance their lives, families, and communities. This is achieved through various means, including healing, encouragement, fostering faith, and providing education. The organization offers in-person programming six times a month, featuring life skill workshops covering topics such as spiritual formation, financial literacy, parenting, and domestic violence prevention. Regular support groups, case management, and crisis intervention are also provided. Furthermore, Step By Step Inc focuses on workforce development practices to assist these young mothers in their personal growth.

Who is the CEO of Step By Step Inc?

Latanya Torp is the Executive Director of Step By Step Inc.

What is the revenue of Step By Step Inc?

Step By Step Inc's revenue in 2022 was $347,266.

Who are the executives of Step By Step Inc and what are their salaries?

The average compensation at Step By Step Inc during 2022 was $37,732. There are 7 employees and 200 volunteers at Step By Step Inc.


Here are 9 key members and their salaries:


Latanya Torp (Executive Director)
  • Compensation: $76,161
  • Related: $0
  • Other: $0
Candace Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Sabatino Hardy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Demoss (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Fink (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Gamble (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Washington (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Dowell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Wheeler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Step By Step Inc?

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

Mission Statement of Step By Step Inc

Step By Step Inc, a nonprofit organization, is dedicated to empowering and strengthening young single mothers between the ages of 12 and 24. Their mission is to inspire these young women to enhance their lives, families, and communities through healing, encouragement, faith, and education. They achieve this by offering a range of support services.

In-person programming is a significant part of their approach, held six times a month. These sessions encompass various life skill workshops, such as spiritual formation, financial literacy, parenting skills, and domestic and child abuse prevention, among others. Additionally, they provide weekly support groups, case management, and crisis intervention to offer these young mothers the necessary guidance and assistance during challenging times. Moreover, Step By Step Inc is committed to workforce development practices, aiming to equip these young women with the skills needed to secure stable employment and build a better future for themselves and their families.

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Impact




October, 2024

Step By Step Inc significantly impacts the lives of young unwed mothers aged 12-24 by providing essential support and resources that empower them to improve their individual circumstances and the well-being of their families. With a robust program that includes bi-monthly workshops focusing on life skills such as financial literacy, parenting, and domestic violence prevention, participants gain valuable knowledge that can lead to better decision-making and enhanced quality of life.

Weekly support groups create a strong community where young mothers can share experiences, challenges, and successes, fostering a sense of belonging and encouragement. The organization's case management and crisis intervention services provide personalized assistance, helping these mothers navigate obstacles in their lives effectively.

Importantly, Step By Step Inc emphasizes workforce development practices, equipping participants with the skills they need to enter the job market confidently. By instilling a strong sense of faith and community, the organization not only uplifts individual families but also contributes to the overall strength and resilience of the Lexington, KY community. Through healing, encouragement, and education, Step By Step Inc helps young mothers break cycles of adversity, enabling them to build a brighter future for themselves and their children.




This information is meant to be a general summary of Step By Step 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
$347,266 (2022)
Expenses
$424,446 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,410
  • Gross Receipts: $354,397

Assets and Liabilities:

  • Total Assets: $567,955
  • Total Liabilities: $1,415
  • Net Assets: $566,540

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Organization Details

Founding Year

1996

Principal Officer

Latanya Torp

Main Address

P O Box 593, Lexington, KY, 40588

NTEE Category

Code: P45 - Human services

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