Civic Intelligence

Steps to Hope Inc.

990 • Fiscal year 2020 • EIN 56-1484890

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 04, 2020

PO Box 518Columbus, NC 28722

(828) 894-2340

Siviq Scores

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

Liabilities / Assets

38th percentile

0.04x

Higher debt load relative to assets than 38% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

51st percentile

0.14x

Higher debt load relative to revenue than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

41st percentile

$19,641

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

28th percentile

-1.1%

Faster asset growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

36th percentile

-7.2%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$2,772,401

Down $29,720 (-1.1%) from 2019

Net Assets

Down

$2,660,017

Down $90,125 (-3.3%) from 2019

Liabilities

Up

$112,384

Up $60,405 (+116%) from 2019

Revenue

Down

$786,797

Down $61,218 (-7.2%) from 2019

Expenses

Up

$895,113

Up $105,130 (+13%) from 2019

Net Income

Down

-$108,316

Down $166,348 (-287%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,931,740Liabilities 2011: $87,483Net Assets 2011: $1,844,2572011Assets 2012: $1,919,753Liabilities 2012: $85,392Net Assets 2012: $1,834,3612012Assets 2013: $1,899,610Liabilities 2013: $79,296Net Assets 2013: $1,820,3142013Assets 2014: $1,884,077Liabilities 2014: $77,297Net Assets 2014: $1,806,7802014Assets 2015: $2,230,387Liabilities 2015: $49,248Net Assets 2015: $2,181,1392015Assets 2016: $2,385,242Liabilities 2016: $50,456Net Assets 2016: $2,334,7862016Assets 2017: $2,497,829Liabilities 2017: $64,183Net Assets 2017: $2,433,6462017Assets 2018: $2,725,224Liabilities 2018: $70,739Net Assets 2018: $2,654,4852018Assets 2019: $2,802,121Liabilities 2019: $51,979Net Assets 2019: $2,750,1422019Assets 2020: $2,772,401Liabilities 2020: $112,384Net Assets 2020: $2,660,0172020Assets 2021: $3,211,627Liabilities 2021: $107,975Net Assets 2021: $3,103,6522021Assets 2022: $3,657,411Liabilities 2022: $75,776Net Assets 2022: $3,581,6352022Assets 2023: $5,129,503Liabilities 2023: $446,029Net Assets 2023: $4,683,4742023Assets 2024: $6,337,125Liabilities 2024: $385,141Net Assets 2024: $5,951,9842024

Highlighted filing

2020

Assets$2,772,401
Liabilities$112,384
Net Assets$2,660,017

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $615,6082011Expenses 2012: $645,2042012Expenses 2013: $652,4022013Revenue 2014: $673,002Expenses 2014: $686,536Net Income 2014: -$13,5342014Revenue 2015: $1,120,825Expenses 2015: $730,021Net Income 2015: $390,8042015Revenue 2016: $858,275Expenses 2016: $700,461Net Income 2016: $157,8142016Revenue 2017: $781,640Expenses 2017: $748,136Net Income 2017: $33,5042017Revenue 2018: $935,174Expenses 2018: $762,621Net Income 2018: $172,5532018Revenue 2019: $848,015Expenses 2019: $789,983Net Income 2019: $58,0322019Revenue 2020: $786,797Expenses 2020: $895,113Net Income 2020: -$108,3162020Revenue 2021: $1,104,895Expenses 2021: $930,460Net Income 2021: $174,4352021Revenue 2022: $2,135,795Expenses 2022: $1,443,913Net Income 2022: $691,8822022Revenue 2023: $2,932,207Expenses 2023: $1,934,154Net Income 2023: $998,0532023Revenue 2024: $3,263,029Expenses 2024: $2,147,656Net Income 2024: $1,115,3732024

Highlighted filing

2020

Revenue$786,797
Expenses$895,113
Net Income-$108,316
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 4, 2020
Return Version
2019v5.0
Gross Receipts
$797,626
Mission and Program Overview

Mission

The mission of steps to hope is to create a community free from the violence of domestic and sexual abuse through education, advocacy and victim assistance. In addition to offering emergency shelter to victims of domestic violence and sexual assault, we offer many programs that are preventive in nature to make a positive impact on the generational cycle of violence. These include: 1) batterer intervention program (bip) (separate classes for men and women)and hope for youth (skills and character building as well as enrichment activities for youth 12-17 years old - gender specific). All of our services and programs are free for victims.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,174,135$1,127,218▼ $46,917
Investments in Publicly Traded Securities$1,026,633$1,069,806▲ $43,173
Cash and Non-Interest-Bearing Accounts$385,636$380,522▼ $5,114
Savings and Temporary Cash Investments$100,175$101,763▲ $1,588
Inventories for Sale or Use$49,608$46,125▼ $3,483
Pledges and Grants Receivable$35,408$23,110▼ $12,298
Prepaid Expenses and Deferred Charges$15,526$18,857▲ $3,331
Total Assets$2,802,121$2,772,401▼ $29,720
Other Assets Total$15,000$5,000▼ $10,000
Liabilities
Deferred Revenue$1,950$56,060▲ $54,110
Accounts Payable and Accrued Expenses$27,157$45,914▲ $18,757
Other Liabilities$11,907$7,072▼ $4,835
Mortgage Notes Payable Secured by Investment Property$10,965$3,338▼ $7,627
Total Liabilities$51,979$112,384▲ $60,405
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,725,073$2,630,766▼ $94,307
Net Assets With Donor Restrictions$25,069$29,251▲ $4,182
Total Net Assets Fund Balance$2,750,142$2,660,017▼ $90,125
Total Liabilities and Net Assets / Fund Balance$2,802,121$2,772,401▼ $29,720

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$804,058$603,216$1,407,274
Equipment$86,137$140,863$227,000
Land$222,019-$222,019
Other Land Buildings$15,004$41,791$56,795
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Betty BayneExecutive DiFT$19,641$19,641

Board Members and Trustees

NameTitle
Patty OttoPresident
Charles Lingerfelt IiiBoard Member
Cindy GramlingBoard Member
Dee Mcbride JamesBoard Member
Marion ConnorBoard Member
Mary DuranBoard Member
Sally McphersonBoard Member
Sandra MccormackBoard Member
Larry WassongSecretary
Chuck ElderTreasurer
Karen MastruserioVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$733,723
Program Service Revenue
$715
Investment Income
$29,380
Other Revenue
$22,979
All Other Contributions
$455,675
Change in Net Assets
$-108,316

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$283,243Selling Price
Total Noncash Contributions$283,243-

Audited Revenue Reconciliation

Revenue per Audited Statements
$786,797
Revenue Not Reported on Form 990
$29,020
Total Revenue per Audited Statements
$815,817
Total Revenue per Form 990
$786,797
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$618,218
Other Expenses$276,895
Total Fundraising Expense$39,279
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$340,629$87,223$17,412$445,264
Depreciation Depletion$66,080$5,506-$71,586
Other Employee Benefits$54,313$10,232$5,154$69,699
Current Officers, Directors, Trustees, and Key Employees$32,571$19,542$13,028$65,141
Fees for Services Other$39,144--$39,144
Payroll Taxes$27,868$7,973$2,273$38,114
Occupancy$21,855$2,094-$23,949
Insurance$15,578$2,346-$17,924
All Other Expenses$15,496$281-$15,777
Office Expenses$10,418$1,404-$11,822
Fees for Services Accounting-$11,608-$11,608
Advertising$9,460--$9,460
Other Expenses$9,295$2,094$1,397$9,295
Interest$525$1,365-$1,890
Travel$1,485-$15$1,500
Total Functional Expenses$702,175$153,659$39,279$895,113

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$905,942
Expenses per Audited Statements$895,113
Total Expenses per Form 990$895,113
Expenses Not Reported on Form 990$10,829
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,290
Fundraising Direct Expenses$10,829
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$37,875$18,000$291$17,709
Coffee Cake Sal$5,290$5,290$2,831$2,459
Total Events$43,165$23,290$10,829$12,461
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Leases Payable$7,072
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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, Page 6, Part VI, Line 11B

A review of the 990 was conducted by the full board prior to filing.

Form 990, Page 6, Part VI, Line 12C

Board member conflict of interest is monitored annually by each board member reviewing the conflict of interest policy and signing the statement that they have no conflicts of interest. Our board members are known in the community in two ways: 1) when they come on the board, an article is published in the local paper, the tryon daily bulletin, 2) our semi-annual newsletter, hope works, to over 1,700 people and organizations, lists each board member's name.

Form 990, Page 6, Part VI, Line 15A

The executive director's salary is determined by evaluating salary surveys from nccadv and local county government. Once the salary is determined and accepted, the same annual percentage raise is given to all salaried employees.

Form 990, Page 6, Part VI, Line 19

Copies of financial statements and 990's are provided upon reasonable request to the executive director.

Filing and Contact Details

Filer

Filer Name
Steps to Hope Inc
EIN
56-1484890
Phone
8288942340
Address
PO BOX 518, COLUMBUS, NC 28722

Signing Officer

Name
Betty Bayne
Title
Executive Director
Phone
8288942340
Signed
2020-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Betty Bayne
Formed
1985
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
26
Volunteers
73

Preparer

Firm
Elliott & Painter Llp
Address
390 EAST HENRY STREET SUITE 203, SPARTANBURG, SC 29302
Preparer
Marcus Q Elliott Sr CPA
Phone
8645831476
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of steps to hope is to create a community free from the violence of domestic and sexual abuse through education, advocacy and victim assistance. In addition to offering emergency shelter to victims of domestic violence and sexual assault, we offer many programs that are preventive in nature to make a positive impact on the generational cycle of violence. These include: 1) batterer intervention program (bip) (separate classes for men and women)and hope for youth (skills and character building as well as enrichment activities for youth 12-17 years old - gender specific). All of our services and programs are free for victims.

Form 990, Page 1, Part I, Line 6

Volunteers contributed 6,727.5 volunteer hours throughout the year, by supporting clients in court, answering phones, helping with bulk mailings, participating as a board member, assisting with fundraising and programs, and helping at the second chance thrift store.

Form 990, Page 2, Part III, Line 4A

During the fiscal year, we provided 1,276 services to 148 victims of domestic violence or sexual assault and their families. These services included safe shelter, information, advocacy, referral, transportation, therapeutic counseling, court accompaniment and limited financial assistance. The number of calls received from the hotline for assistance was 1,082. Shelter was provided to 71 people for various lengths of time. Over 73 volunteers contributed 6,727.5 volunteer hours throughout the year, by supporting clients in court, answering phones, assisting with bulk mailings, participating as a board member, assisting with fundraising and programs, and helping at the second chance thrift store. Additionally, we provided educational programs to 23 attendees of bip and 16 youth in the skills/character building programs.

Form 990, Part XI, Line 9

Fundraising event direct expenses 10,829 direct fundraising event expenses -10,829

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Fundraising event direct expenses 10,829

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising event expenses 10,829

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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDE
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IRS990/MissionDesc0THE MISSION OF STEPS TO HOPE IS TO CREATE A COMMUNITY FREE FROM THE VIOLENCE OF DOMESTIC AND SEXUAL ABUSE THROUGH EDUCATION, ADVOCACY AND VICTIM ASSISTANCE. IN ADDITION TO OFFERING EMERGENCY SHELTER TO VICTIMS OF DOMESTIC VIOLENCE AND SEXUAL ASSAULT, WE OFFER MANY PROGRAMS THAT ARE PREVENTIVE IN NATURE TO MAKE A POSITIVE IMPACT ON THE GENERATIONAL CYCLE OF VIOLENCE. THESE INCLUDE: 1) BATTERER INTERVENTION PROGRAM (BIP) (SEPARATE CLASSES FOR MEN AND WOMEN)AND HOPE FOR YOUTH (SKILLS AND CHARACTER BUILDING AS WELL AS ENRICHMENT ACTIVITIES FOR YOUTH 12-17 YEARS OLD - GENDER SPECIFIC). ALL OF OUR SERVICES AND PROGRAMS ARE FREE FOR VICTIMS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION OPERATES A SECOND CHANCE THRIFT STORE TO PROVIDE LOW COST CLOTHING & HOUSEHOLD ITEMS TO THEIR CLIENTS AND ALSO TO LOW INCOME FAMILIES IN THE COMMUNITY.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EVENT DIRECT EXPENSES 10,829
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EVENT EXPENSES 10,829
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.34$0.39$5.95$3.26$2.15$1.12
2023Detailed filing. Detailed filing data is available for this year.$5.13$0.45$4.68$2.93$1.93$1.00
2022Detailed filing. Detailed filing data is available for this year.$3.66$0.08$3.58$2.14$1.44$0.69
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.21$0.11$3.10$1.10$0.93$0.17
2020Detailed filing. Detailed filing data is available for this year.$2.77$0.11$2.66$0.79$0.90$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.80$0.05$2.75$0.85$0.79$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.73$0.07$2.65$0.94$0.76$0.17
2017Detailed filing. Detailed filing data is available for this year.$2.50$0.06$2.43$0.78$0.75$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.39$0.05$2.33$0.86$0.70$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.23$0.05$2.18$1.12$0.73$0.39
2014Detailed filing. Detailed filing data is available for this year.$1.88$0.08$1.81$0.67$0.69$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.08$1.82$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.09$1.83$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.09$1.84$0.62