Stepping Stone Learning Center Inc

Nonprofit profile at a glance

EIN
205799214
IRS 990 coverage
2014–2022
Forms available
Form 990 2022
Location
Poynette, WI, USA
Phone
6086353880
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Kindergarten, Preschool, Nursery School, Early Admissions
Affiliation
Christianity

Reported finances

Revenue
$178,888
Expenses
$143,938
Assets
$19,366
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Amy Lynn Berg (President)
  • Cheryl Frautshy (Vice President)

People named in this filing

  • Michelle Barnett (Member)
  • Barry W Barnett (Member)
  • Amy Lynn Berg (President)

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

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To Provide Christian Based education and training for Preschool children ages 12 week to 5 years. In addition to providing Christian Education to students grades K thru 12th grade in both a homeschool and private school setting. SSLC also has an Onsite Food Pantry for Families in the area who meet poverty guidelines.

What it reported doing in 2022

Through a quality program, SSLC strives to provide care and education for children 6wks thru 5th grade, based on best practices. We are a Non-Profit Corporation who strongly believes in the spiritual development of the whole child, as well as academic and social growth. Our themed curriculum in the PreK wing is designed to focus on the creative, emotional, intellectual, and physical development of each child. Our K-5th grade utilizes the Accelerated Christian Education curriculum. The purpose of our approach is to foster competency and security for everyone. While the emphasis is on children, family involvement is encouraged and supported at all levels. Our goal for all children who attend SSLC is to facilitate them in reaching their potential development emotionally, intellectually, spiritually, physically and socially. Both themed and guided curriculums run the full legth of the school year, September thru May. Childcare serves the needs of parents year around. Approximate tuition included below reflects number based on 10 children participating in each age group while program is in session, Infant, Toddler, School Age Extended Care, and SSLC k-5th.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating 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

STRONG - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 55
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.5%; rating input score 80
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19.5%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 82; 82nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: -1.4% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: 9.9% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: -0% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 80.5% of revenue deployed · 100% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $144K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2014 to 2022
  • Contacts: How to reach this organization
  • 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 — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.