Overview
What is Seventh Step Foundation Inc?
The Seventh Step Foundation Inc, located at 475 Medford Ave, Hayward, CA 94541, is a nonprofit organization that focuses on providing crucial support to adult ex-offenders. With a team of eight dedicated individuals, their mission is to address the basic needs of this demographic, offering housing, meals, and essential resources. The organization's activities and mission are centered around assisting ex-offenders in their reintegration into society, aiming to improve their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
Seventh Step Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 79%. This score indicates a solid level of accountability and financial management, which is crucial for nonprofit organizations. The rating is derived from a single beacon score focused on accountability and finance, highlighting the organization's commitment to maintaining responsible practices.
The foundation demonstrates strong governance with 100% of its board members being independent, and it has established a comprehensive set of policies including conflict of interest, whistleblower protection, and document retention. This level of oversight contributes positively to the organization’s reputation and effectiveness. Moreover, the foundation has a high program expense ratio of 100%, indicating that all funds are directed towards its programs rather than administrative costs.
While the overall financial health appears stable, represented by a liabilities to assets ratio of 30.71%, there is always room for improvement in overall transparency and outreach. Strengthening communication about its mission and results could further enhance public trust and support for the foundation's initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Seventh Step Foundation Inc legitimate?
Seventh Step Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seventh Step Foundation 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: $85,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,378
For more financial information, click here
What is the mission statement of Seventh Step Foundation Inc?
The Seventh Step Foundation Inc is committed to providing essential services to adult ex-offenders. Their mission encompasses offering housing, nutritional support, and meeting other basic needs for this group of individuals. The Foundation's purpose is to contribute to their reintegration into society, aiming to help them lead more stable and fulfilling lives post-incarceration.
Who is the CEO of Seventh Step Foundation Inc?
Jared Martin is the Executive Direc of Seventh Step Foundation Inc. The CEO's salary of Seventh Step Foundation Inc is $0 and their total compensation is $0.
What is the revenue of Seventh Step Foundation Inc?
Seventh Step Foundation Inc's revenue in 2022 was $499,526.
Who are the executives of Seventh Step Foundation Inc and what are their salaries?
The average compensation at Seventh Step Foundation Inc during 2022 was $36,072. There are 8 employees at Seventh Step Foundation Inc.
Here are 7 key members and their salaries (Seventh Step Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $85,200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Seventh Step Foundation Inc?
Seventh Step Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seventh Step Foundation Inc
The Seventh Step Foundation Inc is dedicated to serving adult ex-offenders by providing essential needs such as housing, food, and other necessary resources. Their mission, as stated, is centered around this service provision, aiming to support individuals who have completed their sentences and are re-entering society. By offering these basic necessities, the Seventh Step Foundation Inc aims to provide a solid foundation for these individuals as they work towards rebuilding their lives.
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Impact
July, 2024
Seventh Step Foundation Inc provides vital services to adult ex-offenders in Hayward, CA, including housing, food, and other basic needs. Their impact includes helping these individuals reintegrate into society after incarceration, offering support to prevent recidivism, and promoting a pathway towards a more stable and productive life. Through their work, Seventh Step Foundation Inc contributes to reducing crime rates and improving the overall well-being of both ex-offenders and the community.
This information is meant to be a general summary of Seventh Step Foundation 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 2022.
- Investment Income: $130
- Program Service Revenue: $442,164
- Gross Receipts: $499,526
Assets and Liabilities:
- Total Assets: $972,322
- Total Liabilities: $310,278
- Net Assets: $662,044
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EX OFFENDERS HOUSING/FOOD
Revenue
$442,164
Organization Details
Founding Year
1972
Phone
(510) 278-0230Principal Officer
Jared Martin
Main Address
475 MEDFORD AVE, HAYWARD, CA, 94541
NTEE Category
Code: I40Z - Crime
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