Civic Intelligence

Stepping Stones Inc.

990 • Fiscal year 2017 • EIN 36-3784963

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 27, 2017

1621 Theodore StJoliet, IL 60435

(815) 744-4555

Siviq Scores

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

Liabilities / Assets

50th percentile

0.09x

Higher debt load relative to assets than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

48th percentile

0.09x

Higher debt load relative to revenue than 48% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

68th percentile

11%

Higher net margin than 68% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

53rd percentile

$68,492

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

77th percentile

17%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,542,476

Up $363,909 (+17%) from 2016

Net Assets

Up

$2,307,556

Up $292,788 (+15%) from 2016

Liabilities

Up

$234,920

Up $71,121 (+43%) from 2016

Revenue

Up

$2,602,662

Up $284,811 (+12%) from 2016

Expenses

Up

$2,309,874

Up $163,499 (+7.6%) from 2016

Net Income

Up

$292,788

Up $121,312 (+71%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2013: $2,202,100Liabilities 2013: $246,851Net Assets 2013: $1,955,2492013Assets 2014: $2,069,750Liabilities 2014: $234,919Net Assets 2014: $1,834,8312014Assets 2015: $2,003,841Liabilities 2015: $160,549Net Assets 2015: $1,843,2922015Assets 2016: $2,178,567Liabilities 2016: $163,799Net Assets 2016: $2,014,7682016Assets 2017: $2,542,476Liabilities 2017: $234,920Net Assets 2017: $2,307,5562017Assets 2018: $2,999,665Liabilities 2018: $235,784Net Assets 2018: $2,763,8812018Assets 2019: $3,514,634Liabilities 2019: $234,348Net Assets 2019: $3,280,2862019Assets 2020: $3,823,563Liabilities 2020: $584,952Net Assets 2020: $3,238,6112020Assets 2021: $4,336,035Liabilities 2021: $536,874Net Assets 2021: $3,799,1612021Assets 2022: $4,876,494Liabilities 2022: $159,828Net Assets 2022: $4,716,6662022Assets 2025: $10,713,565Liabilities 2025: $1,210,783Net Assets 2025: $9,502,7822025

Highlighted filing

2017

Assets$2,542,476
Liabilities$234,920
Net Assets$2,307,556

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2013: $2,316,6762013Revenue 2014: $2,180,274Expenses 2014: $2,300,692Net Income 2014: -$120,4182014Revenue 2015: $2,255,152Expenses 2015: $2,246,691Net Income 2015: $8,4612015Revenue 2016: $2,317,851Expenses 2016: $2,146,375Net Income 2016: $171,4762016Revenue 2017: $2,602,662Expenses 2017: $2,309,874Net Income 2017: $292,7882017Revenue 2018: $2,919,866Expenses 2018: $2,463,541Net Income 2018: $456,3252018Revenue 2019: $3,229,906Expenses 2019: $2,713,501Net Income 2019: $516,4052019Revenue 2020: $2,687,267Expenses 2020: $2,728,942Net Income 2020: -$41,6752020Revenue 2021: $3,057,637Expenses 2021: $2,516,950Net Income 2021: $540,6872021Revenue 2022: $3,629,811Expenses 2022: $2,696,097Net Income 2022: $933,7142022Revenue 2025: $5,950,015Expenses 2025: $3,445,564Net Income 2025: $2,504,4512025

Highlighted filing

2017

Revenue$2,602,662
Expenses$2,309,874
Net Income$292,788
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 27, 2017
Return Version
2016v3.0
Gross Receipts
$2,602,662
Mission and Program Overview

Mission

Stepping stones is a non-profit organization that provides a variety of treatment services for individuals with mental health, alcohol, or substance abuse disorders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$752,351$889,664▲ $137,313
Land, Buildings, and Equipment, Net$810,929$789,200▼ $21,729
Cash and Non-Interest-Bearing Accounts$514,152$773,070▲ $258,918
Savings and Temporary Cash Investments$92,551$79,409▼ $13,142
Prepaid Expenses and Deferred Charges$8,584$11,133▲ $2,549
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,178,567$2,542,476▲ $363,909
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$161,275$234,920▲ $73,645
Deferred Revenue$2,524--
Total Liabilities$163,799$234,920▲ $71,121
Net Assets / Fund Balance
Unrestricted Net Assets$2,014,668$2,307,456▲ $292,788
Temporarily Rstr Net Assets$100$100→ $0
Total Net Assets Fund Balance$2,014,768$2,307,556▲ $292,788
Total Liabilities and Net Assets / Fund Balance$2,178,567$2,542,476▲ $363,909

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$708,635$1,511,010-
Other Land Buildings$7,925$80,115-
Land$61,310--
Equipment$11,330$34,804-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paul LauridsenExec DirectorFT$68,492$68,492

Board Members and Trustees

NameTitle
Julie EdwardsPresident
Mary MaragosVice President
Ann DralleBoard Member
Eric PaniakBoard Member
Glen ConklinBoard Member
Herbert BrooksBoard Member
Richard SnyderBoard Member
Steve WilhelmiBoard Member
Vanessa NewsomeBoard Member
Ray MonroeSecretary
Pat FeraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,156,524
Program Service Revenue
$1,447,278
Investment Income
$-10,044
Other Revenue
$8,904
All Other Contributions
$122,569
Change in Net Assets
$292,788

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,602,662
Total Revenue per Audited Statements
$2,602,662
Total Revenue per Form 990
$2,602,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,657,873
Other Expenses$652,001
Total Fundraising Expense$692
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,074,608$195,014-$1,269,622
Other Employee Benefits$185,500$33,664-$219,164
Occupancy$111,531$20,695-$132,226
Payroll Taxes$85,143$15,452-$100,595
All Other Expenses$64,630$18,164$692$83,486
Depreciation Depletion$68,139$12,024-$80,163
Current Officers, Directors, Trustees, and Key Employees$57,972$10,520-$68,492
Other Expenses$21,720$3,942-$25,662
Travel$13,631$3,130-$16,761
Insurance$13,942$2,530-$16,472
Office Expenses$10,842$1,968-$12,810
Conferences and Meetings$6,368$2,122-$8,490
Advertising$3,371$595-$3,966
Total Functional Expenses$1,979,292$329,890$692$2,309,874

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,309,874
Total Expenses per Audited Statements$2,309,874
Total Expenses per Form 990$2,309,874
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-
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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, Line 4: Description of Significant Changes to Organizational Documents

See attached Illinois Secretary of State Form NFP 110.30 stamped by the Secretary of States office on September 7, 2017 as Filed, amending the organizations Articles of Incorporation. The first two paragraphs of Article I Purposes were amended.Previous (1992) Article I Purposes: The purposes for which the corporation is organized are to provide professional alcoholism and substance abuse treatment to persons suffering from these diseases of addiction, even if these persons are unable to pay for the cost of such services.Such treatment is based on the belief that chemical dependency is a treatable illness, requiring abstinence from mood altering drugs; and the treatment techniques shall be in accordance with those generally accepted within the health care field. The organization recognizes the importance of participation by its clients, and their significant others, in peer support/self-help groups, and shall strongly encourage participation in Alcoholics Anonymous, Narcotics Anonymous, Al-Anon, and other such groups.Amended Purpose: ARTICLE I - PURPOSESThe purpose for which the corporation is organized is to provide substance use disorder treatment and related services such as but not limited to services for the prevention of substance use disorders and mental health services even if the recipient is unable to pay for the cost of such services.Such treatment is based on the belief that substance use and mental health disorders are treatable illnesses. The treatment techniques shall be in accordance with those generally accepted within the health care field. The organization recognizes the importance of participation by persons served, and their significant others, in peer support/self-help groups, and shall strongly encourage participation in Alcoholics Anonymous, Narcotics Anonymous, Al-Anon, National Alliance for Mentally Ill, and other such groups.Please note: The organization provides mental health treatment services separately from prevention services.

Form 990, Part VI, Line 11B: Form 990 Review Process

Copies of the final 990 and schedules are reviewed by the executive director and the business manager prior to being filed with the irs. All board members are allowed to review the return individually, upon request.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

On an annual basis the organization requires all of its board members and key employees to document and sign off on their continued adherence to the conflict-of-interest policy.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation for the executive director is determined and approved by the full board of directors. The amount is based upon comparative data with similar organizations; as well as measuring the progress that was made on the corporation's board-approved, strategic plan.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Financial statements are made available to the public via internet access to previously-filed forms 990; and via submitted proposals and documents to the local united way agency.

Filing and Contact Details

Filer

Filer Name
Stepping Stones Inc
EIN
36-3784963
Phone
8157444555
Address
1621 THEODORE ST, JOLIET, IL 60435

Signing Officer

Name
Paul Lauridsen
Title
Exec Director
Signed
2017-11-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Lauridsen
Formed
1991
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
99
Volunteers
31

Preparer

Firm
Senesac & Lennon Ltd
Address
333 N Hammes Ave Suite 104, Joliet, IL 60435
Preparer
David D Lennon
Phone
8157257070
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