Civic Intelligence

Sacramento Steps Forward

990 • Fiscal year 2023 • EIN 27-4907397

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

2150 River Plaza Drive 385Sacramento, CA 95833

(916) 577-9770

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.09x

Higher debt load relative to assets than 34% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

16th percentile

0.07x

Higher debt load relative to revenue than 16% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

40th percentile

$217,894

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

94th percentile

72%

Faster asset growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

87%

Faster revenue growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$27,900,600

Up $11,647,886 (+72%) from 2022

Net Assets

Up

$25,369,631

Up $12,220,341 (+93%) from 2022

Liabilities

Down

$2,530,969

Down $572,455 (-18%) from 2022

Revenue

Up

$38,108,824

Up $17,777,550 (+87%) from 2022

Expenses

Up

$26,169,820

Up $6,210,344 (+31%) from 2022

Net Income

Up

$11,939,004

Up $11,567,206 (+3111%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2014: $449,828Liabilities 2014: $271,868Net Assets 2014: $177,9602014Assets 2015: $1,861,531Liabilities 2015: $348,912Net Assets 2015: $1,512,6192015Assets 2016: $1,204,959Liabilities 2016: $631,015Net Assets 2016: $573,9442016Assets 2017: $1,402,620Liabilities 2017: $259,514Net Assets 2017: $1,143,1062017Assets 2018: $4,071,334Liabilities 2018: $3,050,864Net Assets 2018: $1,020,4702018Assets 2019: $3,544,879Liabilities 2019: $2,282,464Net Assets 2019: $1,262,4152019Assets 2020: $9,271,126Liabilities 2020: $1,848,601Net Assets 2020: $7,422,5252020Assets 2021: $15,140,259Liabilities 2021: $1,770,652Net Assets 2021: $13,369,6092021Assets 2022: $16,252,714Liabilities 2022: $3,103,424Net Assets 2022: $13,149,2902022Assets 2023: $27,900,600Liabilities 2023: $2,530,969Net Assets 2023: $25,369,6312023Assets 2024: $24,466,304Liabilities 2024: $5,410,575Net Assets 2024: $19,055,7292024

Highlighted filing

2023

Assets$27,900,600
Liabilities$2,530,969
Net Assets$25,369,631

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MRevenue 2014: $7,986,637Expenses 2014: $7,637,322Net Income 2014: $349,3152014Revenue 2015: $13,014,227Expenses 2015: $11,679,568Net Income 2015: $1,334,6592015Revenue 2016: $14,045,500Expenses 2016: $14,984,175Net Income 2016: -$938,6752016Revenue 2017: $14,309,325Expenses 2017: $13,740,163Net Income 2017: $569,1622017Revenue 2018: $13,735,976Expenses 2018: $13,858,612Net Income 2018: -$122,6362018Revenue 2019: $26,322,040Expenses 2019: $26,080,095Net Income 2019: $241,9452019Revenue 2020: $22,291,647Expenses 2020: $16,131,537Net Income 2020: $6,160,1102020Revenue 2021: $24,231,781Expenses 2021: $18,071,589Net Income 2021: $6,160,1922021Revenue 2022: $20,331,274Expenses 2022: $19,959,476Net Income 2022: $371,7982022Revenue 2023: $38,108,824Expenses 2023: $26,169,820Net Income 2023: $11,939,0042023Revenue 2024: $24,261,724Expenses 2024: $30,157,356Net Income 2024: -$5,895,6322024

Highlighted filing

2023

Revenue$38,108,824
Expenses$26,169,820
Net Income$11,939,004
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$38,108,824
Mission and Program Overview

Mission

The Organization's mission is to ensure that individuals and families experiencing homelessness or the risk of homelessness are able to access housing services and resources on their path to economic stability. The Organization is the lead agency for the Sacramento Homeless Continuum of Care and administers and oversees grants for homeless related programs in Sacramento County which are received from the U.S. Department of Housing and Urban Development (HUD) and are passed through to various non-profit organizations as sub-grants. The Continuum of Care Program is designed by HUD to promote community-wide commitment to the goal of ending homelessness. Since becoming the lead agency in the Continuum of Care in 2011, the annual level of grant funding provided to the Sacramento community by HUD has increased by five million dollars. This funding supports twenty-two permanent supportive housing programs and retains housing and supportive services for people who were previously homeless.

To end homelessness through leadership, convening partners, data-driven best practices, and improving system performance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,250,254$18,700,008▲ $10,449,754
Investments in Publicly Traded Securities$4,184,310$4,658,970▲ $474,660
Accounts Receivable$3,708,704$4,185,489▲ $476,785
Prepaid Expenses and Deferred Charges$30,050$65,090▲ $35,040
Land, Buildings, and Equipment, Net$59,013$39,171▼ $19,842
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$16,252,714$27,900,600▲ $11,647,886
Other Assets Total$20,383$251,872▲ $231,489
Liabilities
Grants Payable$2,588,395$1,260,230▼ $1,328,165
Accounts Payable and Accrued Expenses$509,521$991,079▲ $481,558
Other Liabilities$5,508$279,660▲ $274,152
Total Liabilities$3,103,424$2,530,969▼ $572,455
Net Assets / Fund Balance
Net Assets With Donor Restrictions$13,103,739$13,103,739→ $0
Net Assets Without Donor Restrictions$45,551$12,265,892▲ $12,220,341
Total Net Assets Fund Balance$13,149,290$25,369,631▲ $12,220,341
Total Liabilities and Net Assets / Fund Balance$16,252,714$27,900,600▲ $11,647,886

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$39,171$60,043$99,214
Equipment-$42,843$42,843
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa R BatesCEOFT$203,500$14,394$217,894
Rachel BerezaDeputy CEOFT$136,458$6,451$142,909
Trent SimmonsData & AnalyticsFT$121,760$6,745$128,505
Michael J ColtonCFOFT$127,416$300$127,716
Michele WattsPlanning officerFT$115,000$10,126$125,126
Rodolfo DavidsonStrategic Init DirectorFT$112,583$8,246$120,829
Peter BellPlanning DirectorFT$106,875$2,731$109,606

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
BitfocusHMIS Database Provider548 Market Street, San Francisco, CA 94104$274,141
Nelson and AssociatesStaffing ServicesPO Box 8524, Pasadena, CA 91109$267,084
HomebaseHomeless Response System870 Market Street, San Francisco, CA 94102$185,296
Leading Resources IncConsulting Services1930 N Street, Sacramento, CA 95811$157,055
Apex Technology Management LLCIT Services310 Hemsted Drive Suite 300, redding, CA 96002$150,034
Revenue and Support

Revenue Composition

Contributions and Grants
$37,576,604
Program Service Revenue
$0
Investment Income
$532,220
Other Revenue
$0
All Other Contributions
$1,097,545
Change in Net Assets
$11,939,004

Audited Revenue Reconciliation

Revenue per Audited Statements
$38,108,824
Total Revenue per Audited Statements
$38,108,824
Total Revenue per Form 990
$38,108,824
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$11,951,620
Other Expenses$8,891,337
Salaries, Compensation, and Employee Benefits$5,326,863
Total Fundraising Expense$45,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$11,951,620--$11,951,620
Other Salaries and Wages$4,008,236$160,144-$4,168,380
Fees for Services Other$2,115,582--$2,115,582
Other Employee Benefits$453,956--$453,956
All Other Expenses$224,904$110,957$45,000$380,861
Payroll Taxes$343,693$15,224-$358,917
Current Officers, Directors, Trustees, and Key Employees$332,897$12,713-$345,610
Other Expenses$157,193$17,645-$174,838
Occupancy$140,044$13,765-$153,809
Office Expenses$40,924$1,767-$42,691
Fees for Services Legal$30,310$6,983-$37,293
Travel$28,899$1,297-$30,196
Information Technology$26,128$278-$26,406
Depreciation Depletion-$19,842-$19,842
Insurance$11,914--$11,914
Total Functional Expenses$25,764,205$360,615$45,000$26,169,820

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$26,169,820
Total Expenses per Audited Statements$26,169,820
Total Expenses per Form 990$26,169,820
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
SaehcSacramento, CA-Homeless services$3,552,651
Lutheran Social ServicesConcord, CA-Homeless services$3,368,280
Volunteers of AmericaSacramento, CA-Homeless services$3,048,052
Sacramento Self Help HousingSacramento, CA-Homeless services$1,080,250
Sacramento Cottage HousingSacramento, CA-Homeless services$311,526
My Sisters HouseSacramento, CA-Homeless services$236,995
Shelter IncConcord, CA-Homeless services$227,877
Lao Family Community DevOakland, CA-Homeless services$125,989
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$279,660
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

An independent certified public accounting firm prepares the form 990. Initial drafts are reviewed by the organization's cfo and controller. The final draft is presented for review, comment, and approval to the board of directors at their annual board meeting.

Form 990, Part VI, Section B, Line 12C

All staff are subject to a conflict of interest policy incorporated into the personnel plan. Adherence to and monitoring of the policy is the responsibility of each employee, their supervisor, and the human resources department. In addition, all officers, board of director members, and senior staff are subject to an additional "conflict of interest and conflict of loyalty policy". This additional policy requires annual reporting by each person and periodic reviews by internal or external parties.

Form 990, Part VI, Section B, Line 15A

Salaries are reviewed and approved by the board annually as part of the budgeting process.

Form 990, Part VI, Section B, Line 15B

Salaries are reviewed and approved by the board annually as part of the budgeting process.

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Sacramento Steps Forward
EIN
27-4907397
Phone
9165779770
Address
2150 River Plaza Drive 385, Sacramento, CA 95833

Signing Officer

Name
Michael J Colton
Title
CFO
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael J Colton
Formed
2011
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
114
Volunteers
13

Preparer

Firm
MUN CPAs LLP
Address
2901 Douglas Blvd, Roseville, CA 95661
Preparer
Bradley J Bartells CPA
Phone
9167744208
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES 4: Facilitate Access to Shelter, Housing & Services1. Implemented a Coordinated Access SystemIn late 2022, the Coordinated Access System (CAS) was launched through a partnership among Sacramento Steps Forward, 2-1-1, the City of Sacramento, and Sacramnto County. This initiative aimed to create a streamlined and accessible support system for individuals experiencing or at risk of homelessness. The CAS has been instrumental in connecting service providers and partners, fostering efficiency and a person-centered approach. Aside from facilitating quick access to emergency services, the initiative also prioritized preventing homelessness proactively. In its inaugural year (ending in December 2023), the prevention program assisted 805 households in obtaining or retaining housing, with an average investment of $3,114 per household. Remarkably, 85% of these households remained housed after one year, showcasing the effectiveness of the prevention efforts.2. Supported a Youth Homelessness Demonstration ProjectIn late 2022, the Sacramento Continuum of Care (CoC) was chosen to participate in HUDs Youth Homelessness Demonstration Program (YHDP). This initiative brought a $6,509,295 award to the Sacramento region, providing crucial funding and technical assistance to craft and execute a unified community strategy to prevent and end youth homelessness. Central to the success of the YHDP is the active engagement and leadership of youth throughout the planning and implementation phases of the program. Under this initiative, a Coordinated Community Plan was developed, and funds have supported many housing programs including rapid rehousing, permanent supportive housing, transitional housing, and host homes. OTHER PROGRAM SERVICES 5: Improve Equity, Fairness, Efficiency & Effectiveness1. Convened the Partners with Lived Experience CommitteeThe Partners with Lived Expertise Committee (PWLEC) originated from the 2022 Racial Equity Plan and comprises individuals who have directly experienced homelessness, representing diverse racial backgrounds and facing multiple intersecting barriers to housing. Serving as a vital bridge between the homelessness response system and those experiencing homelessness, the PWLEC focuses on fostering relationships and driving transformative, equitable change. This committee acknowledges and addresses the profound impact and inherent trauma associated with factors such as race, gender, socioeconomic status, and others that can contribute to homelessness. As such, the PWLEC plays a crucial role in advising policies and practices for our community, with members deeply committed to instigating both personal and systemic-level change.2. Established Community-Wide StandardsSacramento Continuum of Care, and the Sacramento Housing and Redevelopment Agency to establish community-wide standards for publicly funded programs addressing homelessness in Sacramento. These standards, published in December 2023, were developed through collaborative efforts shaped by community feedback and adopted by the Sacramento Continuum of Care following a vote among diverse board members. Serving as a guiding framework, they strengthen the foundation for homelessness prevention and assistance programs, and advance our collective mission to ensure consistency, equity, and quality of services in our community.3. Facilitated Homeless & Healthcare Integration through CalAIMCalAIM, the California Advancing & Innovating Medi-Cal, catalyzed a shift in homelessness and healthcare, prioritizing equitable, coordinated, and person-centered care. Through the Housing and Homelessness Incentive Program, Sacramento Steps Forward initiated the integration of CalAIM Enhanced Care Management and Community Support services into our local homeless response system. In 2023, we initiated monthly workgroups and workshops, convening stakeholders to streamline coordination and enhance service delivery, addressing challenges and aligning resources to

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from federal and state income taxes under the Internal Revenue Code Section 501(c)(3) and Section 23701(d) of the California Revenue and Taxation Code. Accordingly, no provision for income taxes has been included in the accompanying financial statements.The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities at December 31, 2023 and 2022.

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IRS990/Form990PartVIISectionAGrp/PersonNm8Ashley Brand
IRS990/Form990PartVIISectionAGrp/PersonNm9Michelle Odell
IRS990/Form990PartVIISectionAGrp/PersonNm10A Jonathan Porteus PhD
IRS990/Form990PartVIISectionAGrp/PersonNm11David Husid
IRS990/Form990PartVIISectionAGrp/PersonNm12Matt Keasling
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IRS990/MissionDesc0The Organization's mission is to ensure that individuals and families experiencing homelessness or the risk of homelessness are able to access housing services and resources on their path to economic stability. The Organization is the lead agency for the Sacramento Homeless Continuum of Care and administers and oversees grants for homeless related programs in Sacramento County which are received from the U.S. Department of Housing and Urban Development (HUD) and are passed through to various non-profit organizations as sub-grants. The Continuum of Care Program is designed by HUD to promote community-wide commitment to the goal of ending homelessness. Since becoming the lead agency in the Continuum of Care in 2011, the annual level of grant funding provided to the Sacramento community by HUD has increased by five million dollars. This funding supports twenty-two permanent supportive housing programs and retains housing and supportive services for people who were previously homeless.
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