St Louis Park Emergency Program Inc
Nonprofit profile at a glance
- EIN
- 510188692
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- St Louis Park, MN, USA
- Phone
- 9529254899
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,001,116
- Expenses
- $2,823,774
- Assets
- $4,617,044
- Liabilities
- $1,087,775
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Highest reported compensation
- DEREK REISE (EXECUTIVE DIR.): $131,737 total reported compensation
- VERNON SOWELL (FINANCE DIRECTOR): $70,819 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Step responds to our neighbors in need by providing access to vital services that foster stability.
What it reported doing in 2024
Food shelf program provides food and personal products in community members in need of assistance. During this fiscal year, step distributed 521,817 pounds of food among 6,516 household food shelf visits. There were individual food shelf visits with the average size of 2.7 people per household. An average of 29.2 pounds of food was distributed to each individual during each visit to the food shelf. The kosher food program served 37 individuals.see schedule o for additional programming.social work services are provided in the context of each program. Clients can contact professional social workers and caseworkers for no-cost advice and support. For in-person food shelf visits, staff provide clients with access to crisis counseling, general support and guidance, advocacy, and referral to medical, mental health, childcare, job readiness, and other services. During this fiscal year, step had 13,730 household client contacts and made 864 referrals.
Operating model
- Revenue model
- Donor-supported. 88% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 90
- Accountability: 100
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.6%; rating input score 75
- Program expense ratio: 79.1%; rating input score 79
- Fundraising efficiency: $9.35 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 98.6%; rating input score 99; 35th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.9%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 1.64; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 7.2%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 10.4% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 74.6% of revenue deployed · 79.1% of spending went to programs
- Governance: 19 of 19 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2.2M in reported program spending
- Leadership: top reported pay $132K · 24 people listed
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Financial Efficiency: Fundraising efficiency scored 35/100.
- Review — Sustainability: Operating margin scored 53/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.