Laredo Stepping Stone
Legal name: Laredo Stepping Stone Inc
Nonprofit profile at a glance
- EIN
- 742952983
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Laredo, TX, USA
- Phone
- 9567261165
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $84,162
- Expenses
- $115,477
- Assets
- $647,977
- Liabilities
- $3,744
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- GUSTAVO GARCIA (VICE PRESIDE)
- TERRY POWELL (TREASURER/SE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Laredo Stepping Stone is an interdenominational ministry facilitation and retreat center whose goal is to facilitate and advocate for missions and missionaries to help spread the Good News of our Lord and Savior (theme: “Missionaries to the Missionary”). Our 7 comfortable dorm rooms holding anywhere from 10 to 12 people can accommodate groups of up to 80 people. The facilities are air conditioned for those hot Laredo days and have heat for those cool winter nights (yes, it does get cold here for a few months!) to make sure you have the rest you need. Our kitchen provides exceptional home-made comfort food that has made us just a little famous with the goal to make sure you are energized as you go out to serve the Lord in those ‘fields white unto harvest’. Our staff delights in praying for you and your outreaches before, during and after your stay and can’t wait to rejoice with you in...
What it reported doing in 2024
The organization was able to provide temporary lodging and supplies for numerous religious groups preparing to embark on humanitarian missions.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 92
- Accountability: 6
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -37.2%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 5.61; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 8.4% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 0.7% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 56th percentile among comparable filings
Details
- What they do: 2 operating locations identified
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 0 of 2 board members independent · 1 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $115K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 33/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.