Steps for Hope Inc
Nonprofit profile at a glance
- EIN
- 760768224
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Highmore, SD, USA
- Phone
- 6058522579
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Cancer
Reported finances
- Revenue
- $66,953
- Expenses
- $43,913
- Assets
- $166,256
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- MIKE COWAN (PRESIDENT)
People named in this filing
- MIKE COWAN (PRESIDENT)
- SANDI HEMMINGER (VICE PRESIDE)
- CONNIE KONRAD (DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Annual cancer walk-a-thon and fundraisers to financially assist individuals and families affected by cancer and national cancer society for cancer research.
What it reported doing in 2024
Cancer walk-a-thon raised monies which in 2024, 38,400 was distributed to 39 cancer victims or families which were affected by cancer. The rest of the monies will be distributed in 2025. Cancer walk-a-thon raised monies which in 2024, 1,000 was given to the american cancer society.
Operating model
- Revenue model
- Donor-supported. 66% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.1%; rating input score 66
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 34.4%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 3.79; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 16.7% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 12.2% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 66.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $44K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- 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.
- Review — Sustainability: Officer compensation ratio scored 56/100.