Civic Intelligence

Stepping Stones Inc.

990 • Fiscal year 2018 • EIN 36-3784963

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 18, 2018

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

48th percentile

0.08x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.08x

Higher debt load relative to revenue than 47% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

46th percentile

$55,217

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

80th percentile

18%

Faster asset growth than 80% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,999,665

Up $821,098 (+38%) from 2016

Net Assets

Up

$2,763,881

Up $749,113 (+37%) from 2016

Liabilities

Up

$235,784

Up $71,985 (+44%) from 2016

Revenue

Up

$2,919,866

Up $602,015 (+26%) from 2016

Expenses

Up

$2,463,541

Up $317,166 (+15%) from 2016

Net Income

Up

$456,325

Up $284,849 (+166%) 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 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

2018

Assets$2,999,665
Liabilities$235,784
Net Assets$2,763,881

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 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

2018

Revenue$2,919,866
Expenses$2,463,541
Net Income$456,325
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 18, 2018
Return Version
2017v2.2
Gross Receipts
$2,919,866
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
Cash and Non-Interest-Bearing Accounts$773,070$1,184,972▲ $411,902
Accounts Receivable$889,664$1,030,633▲ $140,969
Land, Buildings, and Equipment, Net$789,200$728,473▼ $60,727
Savings and Temporary Cash Investments$79,409$40,013▼ $39,396
Prepaid Expenses and Deferred Charges$11,133$15,574▲ $4,441
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$2,542,476$2,999,665▲ $457,189
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$234,920$235,784▲ $864
Total Liabilities$234,920$235,784▲ $864
Net Assets / Fund Balance
Unrestricted Net Assets$2,307,456$2,763,081▲ $455,625
Temporarily Rstr Net Assets$100$800▲ $700
Total Net Assets Fund Balance$2,307,556$2,763,881▲ $456,325
Total Liabilities and Net Assets / Fund Balance$2,542,476$2,999,665▲ $457,189

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$638,925$1,590,762-
Other Land Buildings$19,380$78,309-
Land$61,310--
Equipment$8,858$37,276-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paul LauridsenExec DirectorFT$55,217$55,217

Board Members and Trustees

NameTitle
Julie EdwardsPresident
Mary MaragosVice President
Ann DralleBoard Member
Eric PaniakBoard Member
Glen ConklinBoard Member
Herbert BrooksBoard Member
Robert MorrisBoard Member
Ray MonroeSecretary
Pat FeraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,427,108
Program Service Revenue
$1,504,565
Investment Income
$-26,678
Other Revenue
$14,871
All Other Contributions
$123,371
Change in Net Assets
$456,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,804,419
Other Expenses$659,122
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,130,140$251,450-$1,381,590
Other Employee Benefits$213,253$47,447-$260,700
Occupancy$102,533$19,547-$122,080
Payroll Taxes$87,454$19,458-$106,912
Depreciation Depletion$68,988$12,174-$81,162
All Other Expenses$43,553$13,489-$57,042
Current Officers, Directors, Trustees, and Key Employees$45,168$10,049-$55,217
Insurance$38,597$4,960-$43,557
Other Expenses$17,103$5,701-$22,804
Travel$19,444--$19,444
Office Expenses$15,158$3,373-$18,531
Advertising-$5,011-$5,011
Total Functional Expenses$2,037,803$425,738$0$2,463,541
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
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, 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
2018-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Lauridsen
Formed
1991
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
97
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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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13749
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25701
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IRS990/OtherExpensesGrp/ProgramServicesAmt236860
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IRS990/OtherExpensesGrp/TotalAmt0134729
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IRS990/OtherExpensesGrp/TotalAmt240609
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019458
IRS990/PayrollTaxesGrp/ProgramServicesAmt087454
IRS990/PayrollTaxesGrp/TotalAmt0106912
IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011133
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015574
IRS990/PrincipalOfficerNm0PAUL LAURIDSEN
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IRS990/ProgramServiceRevenueGrp/Desc0REHAB & PREVENTION
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IRS990/PYContributionsGrantsAmt01156524
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt037276
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IRS990ScheduleD/LandGrp/BookValueAmt061310
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt061310
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPIES 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ON 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TotalAssetsGrp/EOYAmt02999665
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01427108
IRS990/TotalEmployeeCnt097

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