Step Forward Inc
Nonprofit profile at a glance
- EIN
- 263045525
- IRS 990-EZ coverage
- 2010–2012
- Forms available
- Form 990-EZ 2012
- Location
- Dallas, TX, USA
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Emergency Assistance
- Affiliation
- Christianity
Reported finances
- Revenue
- $3,755
- Expenses
- $2,831
- Assets
- $5,795
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
6 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Step Forward, Inc is a Christian-based organization devoted to spreading the gospel of Jesus Christ through the feeding and nurturing of homeless citizens in and around the Dallas-Fort Worth area. The Corporation will organize and implement services and events that provide food directly to homeless citizens on a regular and recurring basis to combat the hunger problem in the community. In addition, the Corporation will provide, from time to time, other basic needs of the homeless in the community, including but not limited to coats, blankets, gloves, socks, etc. The Corporation will also provide materials in various formats to inform, educate, and encourage homeless citizens about leading a Christian life.The general purposes for which the Corporation is organized are exclusively charitable, religious, literary, education or scientific within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or of any superseding federal tax law (the "IRS Code"). The Co
What it reported doing in 2012
Fed homeless individuals and shared the gospel of Jesus Christ.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 58
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.5%; rating input score 69
- Program expense ratio: 92.1%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 24.6%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 2.05; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -8.8% per year; rating input score 0; 37th percentile among comparable filings
- Revenue growth: -23.2% per year; rating input score 0; 23rd percentile among comparable filings
- Asset growth: 20.7% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 69.5% of revenue deployed · 92.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2010 to 2012
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.