Overview
What is Step One School?
Step One School is a nonprofit organization situated in Berkeley, California, established in 1981. With a mission to serve the East Bay community, Step One School offers a distinguished early childhood education program for children between the ages of two and six. Committed to providing an exceptional learning experience, the school emphasizes giving each child the utmost quality of early education. With a workforce of 36 individuals, Step One School has made a significant impact in the community, contributing to the growth and development of countless young minds.
Official website here: www.steponeschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.
Step One School has received a two-star rating from Charity Navigator, indicating room for improvement, particularly in its program expense ratio, which is 62.09%. While the organization demonstrates strong accountability and finance practices, such as having a fully independent board and no material diversion of assets, the relatively low program expense ratio suggests that a smaller portion of its budget is directed towards its programs compared to administrative costs.
Strengths of Step One School include a commitment to transparency, as evidenced by its listed policies on conflict of interest and whistleblowing, as well as the documentation of board meeting minutes. Additionally, the organization exhibits a favorable liabilities to assets ratio of 9.97%, which indicates sound financial health. The complete independence of board members further enhances its governance structure.
Despite these strengths, the organization faces challenges in effectively allocating resources towards its programs. The high salaries of some key personnel, including the Executive Director and board members, may contribute to the concerns regarding the proportion of funding that reaches beneficiaries. Overall, while Step One School has a solid operational foundation, enhancing its program funding could significantly improve its effectiveness and rating.
This AI summary has been generated from information found on Charity Navigator.
Is Step One School legitimate?
Step One School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Step One School 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: $189,141
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,561,193
For more financial information, click here
Official website here: www.steponeschool.org
What is the mission statement of Step One School?
Step One School, founded in 1981, is dedicated to offering an exemplary early childhood education program for children ranging from two to six years old. The school's primary objective is to ensure each child receives an outstanding educational experience during their formative years. By establishing a model early education program, Step One School aims to positively impact the overall development of its young learners.
Official website here: www.steponeschool.org
Who is the CEO of Step One School?
Iris Korovesi is the Treasurer of Step One School.
Official website here: www.steponeschool.org
What is the revenue of Step One School?
Step One School's revenue in 2022 was $3,866,778.
Official website here: www.steponeschool.org
Who are the executives of Step One School and what are their salaries?
The average compensation at Step One School during 2022 was $48,620. There are 36 employees at Step One School.
Here are 12 key members and their salaries:
- Compensation: $142,077
- Related: $8,283
- Other: $0
- Compensation: $90,424
- Related: $0
- Other: $0
- Compensation: $70,202
- Related: $0
- Other: $0
- Compensation: $52,037
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.steponeschool.org
Where can I find the form 990 for Step One School?
Step One School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.steponeschool.org
Learn more at the official website: www.steponeschool.org
Mission Statement of Step One School
Step One School, established in 1981, has a mission to serve the East Bay community by offering a model early childhood education program for children between the ages of two and six. This esteemed institution is dedicated to providing each child with an exceptional early learning experience. The school's commitment lies in ensuring that every child in its care receives the best possible foundation for their future educational and personal growth.
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Impact
July, 2024
Step One School has had a significant impact on the East Bay community by providing a model early childhood education program for children ages two to six. They are dedicated to offering each child the best possible experience in early education. Through their commitment to excellence, Step One School has positively influenced the lives of many young children and families in Berkeley, California.
This information is meant to be a general summary of Step One School. 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: $1,471
- Program Service Revenue: $2,301,122
- Gross Receipts: $3,866,778
Assets and Liabilities:
- Total Assets: $3,217,404
- Total Liabilities: $445,790
- Net Assets: $2,771,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuitions and Fees
Revenue
$2,301,122
Organization Details
Founding Year
1981
Phone
(510) 527-9021Principal Officer
Iris Korovesi
Main Address
499 Spruce Street, Berkeley, CA, 94708
Website
www.steponeschool.orgNTEE Category
Code: P33Z - Human services
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