Second Step Ii Inc

Nonprofit profile at a glance

EIN
522225612
IRS 990-EZ coverage
2014–2024
Forms available
Form 990 2013, Form 990-EZ 2024, Form 990-N 2020
Location
Rockville, MD, USA
Phone
3018964240
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$42,853
Expenses
$62,430
Assets
$372,652
Liabilities
$595,927

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • CARI GUTHRIE (PRESIDENT & BOARD CHAIR)
  • REBECCA MONZI (VICE PRESIDENT)

People named in this filing

  • CARI GUTHRIE (PRESIDENT & BOARD CHAIR)
  • REBECCA MONZI (VICE PRESIDENT)
  • STANLEY ESTREMSKY (CHIEF FINANCIAL OFFICER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Providing housing to the chronically mentally disabled under section 811 of the national affordable housing act

What it reported doing in 2024

Second step ii, inc. Is a Maryland corporation organized in march 2000 for the purpose of acquiring, developing and operating housing and related facilities which consist of 6 units located in montgomery county, Maryland for persons who suffer from chronic mental illness. The entity receives assistance under provisions of section 811 of the national affordable housing act. Such projects are regulated by u.s. Department of housing and urban development ("hud") as to rent charges and operating methods.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.8%; rating input score 88
  • Program expense ratio: 60.3%; rating input score 60

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -45.7%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 5.97; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 1.6; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -1.4% per year; rating input score 0; 44th percentile among comparable filings
  • Revenue growth: 1.5% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: -1.9% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 87.8% of revenue deployed · 60.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $38K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 4 filed related-organization links
  • 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 — Sustainability: Operating margin scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.