Civic Intelligence

Steps Program Inc

990 • Fiscal year 2016 • EIN 38-3849052

Sep 01, 2015 to Aug 31, 2016 • Filed on Feb 15, 2017

934 Center Fayston RoadMoretown, VT 05660

(802) 881-4795

Siviq Scores

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

Liabilities / Assets

89th percentile

0.73x

Higher debt load relative to assets than 89% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

81st percentile

0.36x

Higher debt load relative to revenue than 81% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

57th percentile

5.6%

Higher net margin than 57% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

71st percentile

$60,009

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

90th percentile

53%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

87th percentile

50%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$483,535

Up $166,967 (+53%) from 2015

Net Assets

Up

$129,725

Up $55,612 (+75%) from 2015

Liabilities

Up

$353,810

Up $111,355 (+46%) from 2015

Revenue

Up

$989,224

Up $328,296 (+50%) from 2015

Expenses

Up

$933,613

Up $326,580 (+54%) from 2015

Net Income

Up

$55,611

Up $1,716 (+3.2%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $116,409Liabilities 2014: $96,191Net Assets 2014: $20,2182014Assets 2015: $316,568Liabilities 2015: $242,455Net Assets 2015: $74,1132015Assets 2016: $483,535Liabilities 2016: $353,810Net Assets 2016: $129,7252016Assets 2017: $829,009Liabilities 2017: $568,916Net Assets 2017: $260,0932017Assets 2018: $1,253,963Liabilities 2018: $946,706Net Assets 2018: $307,2572018Assets 2019: $995,574Liabilities 2019: $301,467Net Assets 2019: $694,1072019Assets 2021: $1,679,385Liabilities 2021: $482,528Net Assets 2021: $1,196,8572021Assets 2022: $1,865,971Liabilities 2022: $395,425Net Assets 2022: $1,470,5462022Assets 2023: $2,082,030Liabilities 2023: $347,039Net Assets 2023: $1,734,9912023Assets 2024: $2,372,574Liabilities 2024: $407,943Net Assets 2024: $1,964,6312024Assets 2025: $2,822,812Liabilities 2025: $326,714Net Assets 2025: $2,496,0982025

Highlighted filing

2016

Assets$483,535
Liabilities$353,810
Net Assets$129,725

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $325,061Expenses 2014: $333,112Net Income 2014: -$8,0512014Revenue 2015: $660,928Expenses 2015: $607,033Net Income 2015: $53,8952015Revenue 2016: $989,224Expenses 2016: $933,613Net Income 2016: $55,6112016Revenue 2017: $1,394,519Expenses 2017: $1,265,519Net Income 2017: $129,0002017Revenue 2018: $2,061,394Expenses 2018: $2,014,230Net Income 2018: $47,1642018Revenue 2019: $2,394,406Expenses 2019: $2,007,556Net Income 2019: $386,8502019Revenue 2021: $2,595,775Expenses 2021: $2,346,543Net Income 2021: $249,2322021Revenue 2022: $2,826,005Expenses 2022: $2,552,316Net Income 2022: $273,6892022Revenue 2023: $2,961,017Expenses 2023: $2,696,572Net Income 2023: $264,4452023Revenue 2024: $3,298,389Expenses 2024: $3,068,749Net Income 2024: $229,6402024Revenue 2025: $3,824,441Expenses 2025: $3,292,974Net Income 2025: $531,4672025

Highlighted filing

2016

Revenue$989,224
Expenses$933,613
Net Income$55,611
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$989,224
Mission and Program Overview

Mission

To promote inclusivity and equal accessibility in the academic, social, and vocational learning programs we provide via an atmosphere of academic dignity, individualized service and college-based learning for all.

Inclusivity and accessibility in learning programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$135,419$254,827▲ $119,408
Cash and Non-Interest-Bearing Accounts$146,925$210,561▲ $63,636
Pledges and Grants Receivable$12,925$0▼ $12,925
Land, Buildings, and Equipment, Net$6,417$11,534▲ $5,117
Prepaid Expenses and Deferred Charges$14,882$6,613▼ $8,269
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$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$316,568$483,535▲ $166,967
Other Assets Total-$0-
Liabilities
Deferred Revenue$205,559$315,164▲ $109,605
Other Liabilities$32,132$36,746▲ $4,614
Accounts Payable and Accrued Expenses$4,764$1,900▼ $2,864
Total Liabilities$242,455$353,810▲ $111,355
Net Assets / Fund Balance
Unrestricted Net Assets$74,113$129,725▲ $55,612
Total Net Assets Fund Balance$74,113$129,725▲ $55,612
Total Liabilities and Net Assets / Fund Balance$316,568$483,535▲ $166,967

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,534$12,751$24,285
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lauren MerrittExecutive DirectorFT$60,009$60,009
Aaron RakowPresident-$45,000$45,000

Board Members and Trustees

NameTitle
Melinda MoultonChair
George DalyVice Chairman
Maurice OuimetDirector
Patricia ShaneDirector
Paul YoungDirector
Patricia PrelockSecretary
Ted YoungTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,493
Program Service Revenue
$951,169
Investment Income
$0
Other Revenue
$562
Change in Net Assets
$55,611
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$782,543
Other Expenses$151,070
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$512,010$66,360-$578,370
Current Officers, Directors, Trustees, and Key Employees$33,086$81,020-$114,106
Payroll Taxes$49,500$8,673-$58,173
Fees for Services Legal-$48,395-$48,395
Other Employee Benefits$15,639$7,744-$23,383
Travel$3,364$6,464-$9,828
Pension Plan Contributions$6,693$1,818-$8,511
Insurance$1,640$6,729-$8,369
Depreciation Depletion$3,065$4,598-$7,663
Office Expenses$2,024$4,208-$6,232
Information Technology$1,200$4,979-$6,179
Fees for Services Other-$4,500-$4,500
Advertising$250$2,129-$2,379
All Other Expenses$229,986$-229,505-$481
Other Expenses$134$83-$217
Total Functional Expenses$897,782$35,831$0$933,613
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
Accrued Wages$34,791
SIT withholding$1,201
SUTA payable$771
FICA witholding$-17
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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

The President reviews the return for filing.

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

Board members provide an annual statement regarding his/her independence.

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

The board determines compensation based on market equivalents.

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

Documents are available on request.

Filing and Contact Details

Filer

Filer Name
Steps Program Inc
EIN
38-3849052
Phone
8028814795
Address
934 Center Fayston Road, Moretown, VT 05660

Signing Officer

Name
Aaron Rakow
Title
President
Signed
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aaron Rakow
Formed
2011
Legal Domicile
Vt
Voting Board Members
5
Independent Board Members
3
Employees
137

Preparer

Firm
Montgomery & Granai PC
Address
110 Main Street, Burlington, VT 05401-8451
Preparer
Colleen L Montgomery CPA
Phone
8028646565
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Rounding = $1

Board of Directors Changes

The following board members resigned in 2015: Paul Young, Maurice Ouiment,Patricia Shane and Melinda Moulton.

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IRS990/Desc0College Steps partners with colleges to provide individualized college support for students living with social or learning challenges. College Steps offers its support program to students for whom navigating college is challenged by social, academic, or learning barriers. It provides services to both high school students interested in learning about college life prior to high school graduation as well as enrolled college students. Each student participating in College Steps receives an Individualized College Plan that helps to highlight their goals and areas of needed support within academic, social, independent living, and vocational categories. College Steps' college campus supports are managed by a full-time Program Coordinator on each campus who supports College Steps students in the following ways: (a) Works with students to devise and refine an Individualized College Plan (ICP) that outlines the students academic, vocational, social, and independent living goals and serves as a working road map for college success; (b) Meets with students daily to ensure academic goals are being met and support is being most efficiently provided; (c) Interfaces with family members to ensure frequent and detailed feedback on student performance is conveyed; (d) Interfaces with college faculty, administrators, staff and students to coordinate and support the individualized needs of each student; (e) Supervises College Steps network of on-campus Peer Mentors. College Steps also carefully selects, trains, and employs a team of undergraduate students at the partnering college. Peer mentors provide support with academics (e.g., supportive study time, organizational support, etc.) and vocational internships, as well as help link College Steps scholars to the social element of college life via introduction to new clubs or activities, social groups, and extracurricular events.
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IRS990/OfficeExpensesGrp/TotalAmt06232
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07744
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015639
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023383
IRS990/OtherExpensesGrp/Desc0Tuition/meals/books
IRS990/OtherExpensesGrp/Desc1Meeting/Training
IRS990/OtherExpensesGrp/Desc2Bank Charges
IRS990/OtherExpensesGrp/Desc3Postage and Shipping
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014641
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12995
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt283
IRS990/OtherExpensesGrp/ProgramServicesAmt037049
IRS990/OtherExpensesGrp/ProgramServicesAmt12142
IRS990/OtherExpensesGrp/ProgramServicesAmt2134
IRS990/OtherExpensesGrp/TotalAmt037049
IRS990/OtherExpensesGrp/TotalAmt116783
IRS990/OtherExpensesGrp/TotalAmt22995
IRS990/OtherExpensesGrp/TotalAmt3217
IRS990/OtherLiabilitiesGrp/BOYAmt032132
IRS990/OtherLiabilitiesGrp/EOYAmt036746
IRS990/OtherRevenueMiscGrp/Desc0Tax refund
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0562
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0562
IRS990/OtherRevenueTotalAmt0562
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt066360
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0512010
IRS990/OtherSalariesAndWagesGrp/TotalAmt0578370
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08673
IRS990/PayrollTaxesGrp/ProgramServicesAmt049500
IRS990/PayrollTaxesGrp/TotalAmt058173
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01818
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06693
IRS990/PensionPlanContributionsGrp/TotalAmt08511
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt012925
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014882
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06613
IRS990/PrincipalOfficerNm0Aaron Rakow
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0951169
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0951169
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt062366
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0112325
IRS990/PYOtherRevenueAmt02878
IRS990/PYProgramServiceRevenueAmt0595684
IRS990/PYRevenuesLessExpensesAmt053895
IRS990/PYSalariesCompEmpBnftPaidAmt0494708
IRS990/PYTotalExpensesAmt0607033
IRS990/PYTotalRevenueAmt0660928
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt055611
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0951169
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt037993
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt062366
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt011667
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021686
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0133712
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02101254
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0562
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0562
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0133712
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt037993
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt062366
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt011667
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021686
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0133712
IRS990ScheduleA/TotalSupportAmt0134276
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt011534
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012751
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024285
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034791
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-17
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21201
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3771
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Wages
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FICA witholding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SIT withholding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SUTA payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011534
IRS990ScheduleD/TotalLiabilityAmt036746
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The President reviews the return for filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members provide an annual statement regarding his/her independence.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board determines compensation based on market equivalents.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents are available on request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Rounding = $1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The following board members resigned in 2015: Paul Young, Maurice Ouiment,Patricia Shane and Melinda Moulton.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Board of Directors Changes
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0316568
IRS990/TotalAssetsEOYAmt0483535
IRS990/TotalAssetsGrp/BOYAmt0316568
IRS990/TotalAssetsGrp/EOYAmt0483535

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