Serenity Steps Inc

Nonprofit profile at a glance

EIN
454974421
IRS 990-EZ coverage
2015–2019
Forms available
Form 990-EZ 2019
Location
Atlanta, GA, USA
Phone
4049657253
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Reported finances

Revenue
$27,244
Expenses
$25,540
Assets
$45,596

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • LEROY LAMAR (EXECUTIVE DIRECTOR)

People named in this filing

  • ASHLEY BYNOE (MEMBER)
  • CYNDI YOUNG (MEMBER)
  • KATE MCGAUGHEY (MEMBER)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide relief rehabilitation and development for women in the sex trade

What it reported doing in 2019

Outreach and special events to build awareness of our services community cookouts served approx 100 meals holiday celebrations helped approx 30 families with kids provided gifts and food

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. Some filed totals do not add up and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75%; rating input score 75
  • Program expense ratio: 80%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 6.3%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 1.79; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 39.2%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -3.1% per year; rating input score 0; 44th percentile among comparable filings
  • Revenue growth: -8% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: 17.2% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 75% of revenue deployed · 80% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $20K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2015 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.