Step 1 Inc
Nonprofit profile at a glance
- EIN
- 880283683
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Reno, NV, USA
- Phone
- 7753299830
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $862,541
- Expenses
- $814,749
- Assets
- $1,831,735
- Liabilities
- $956,849
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- RACHELLE L PELLISSIER (EXECUTIVE DIRECTOR)
Highest reported compensation
- RACHELLE L PELLISSIER (EXECUTIVE DIRECTOR): $5,719 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide transitional housing and supportive services to adult men who have been diagnosed with a substance use disorder and who seek to enter society as self-sufficient, responsible citizens.
What it reported doing in 2024
Assistance is provided to men re-entering society who are recovering alcoholics, substance abuser and others. Assistance includes shelter, food and recovery services.
Operating model
- Revenue model
- Grant-funded. 78% of the money available for current operations came from government grants.
- 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.
- 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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.6%; rating input score 84
- Program expense ratio: 82.3%; rating input score 82
- Fundraising efficiency: $15.97 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings
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: 91.7%; rating input score 92; 24th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: 5.5%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 2.25; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.52; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 0.7%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 8.7% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 10.6% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 83.6% of revenue deployed · 82.3% of spending went to programs
- Governance: 11 of 12 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $670K in reported program spending
- Leadership: top reported pay $6K · 12 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- 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 — Accountability: Governance controls: 4 of 7 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 52/100.
- Review — Sustainability: Operating margin scored 51/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.