Civic Intelligence

Step Up for Students - Florida Inc.

990 • Fiscal year 2013 • EIN 59-3649371

Jul 01, 2012 to Jun 30, 2013 • Filed on Oct 15, 2013

337 South Plant AvenueJacksonville, FL 33606
Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

2nd percentile

0.00x

Higher debt load relative to revenue than 2% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2013

Net Margin

87th percentile

31%

Higher net margin than 87% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

96th percentile

45%

Faster asset growth than 96% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2012 to 2013

Revenue Growth

75th percentile

27%

Faster revenue growth than 75% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2011 to 2013

Assets

$315,506,923

No earlier filing loaded for comparison.

Net Assets

$314,025,672

No earlier filing loaded for comparison.

Liabilities

$1,481,251

No earlier filing loaded for comparison.

Revenue

$311,087,167

No earlier filing loaded for comparison.

Expenses

$213,475,359

No earlier filing loaded for comparison.

Net Income

$97,611,808

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5B$1.0B$500M$0Assets 2013: $315,506,923Liabilities 2013: $1,481,251Net Assets 2013: $314,025,6722013Assets 2015: $449,355,921Liabilities 2015: $10,311,156Net Assets 2015: $439,044,7652015Assets 2017: $518,592,306Liabilities 2017: $37,945,946Net Assets 2017: $480,646,3602017Assets 2018: $589,394,333Liabilities 2018: $75,690,706Net Assets 2018: $513,703,6272018Assets 2019: $697,130,640Liabilities 2019: $120,265,897Net Assets 2019: $576,864,7432019Assets 2020: $590,867,275Liabilities 2020: $113,472,247Net Assets 2020: $477,395,0282020Assets 2021: $918,219,749Liabilities 2021: $152,115,150Net Assets 2021: $766,104,5992021Assets 2022: $1,207,920,053Liabilities 2022: $232,935,432Net Assets 2022: $974,984,6212022

Highlighted filing

2013

Assets$315,506,923
Liabilities$1,481,251
Net Assets$314,025,672

Operations Trend

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

$1.0B$500M$0-$500MRevenue 2013: $311,087,167Expenses 2013: $213,475,359Net Income 2013: $97,611,8082013Revenue 2015: $457,846,020Expenses 2015: $375,779,045Net Income 2015: $82,066,9752015Revenue 2017: $533,633,596Expenses 2017: $568,032,953Net Income 2017: -$34,399,3572017Revenue 2018: $707,661,184Expenses 2018: $674,603,917Net Income 2018: $33,057,2672018Revenue 2019: $717,949,667Expenses 2019: $654,788,551Net Income 2019: $63,161,1162019Revenue 2020: $620,704,672Expenses 2020: $720,174,387Net Income 2020: -$99,469,7152020Revenue 2021: $988,357,974Expenses 2021: $699,663,403Net Income 2021: $288,694,5712021Revenue 2022: $821,870,206Expenses 2022: $612,990,184Net Income 2022: $208,880,0222022

Highlighted filing

2013

Revenue$311,087,167
Expenses$213,475,359
Net Income$97,611,808
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Oct 15, 2013
Return Version
2012v2.1
Gross Receipts
$311,087,167
Mission and Program Overview

Mission

Step up for students empowers families to pursue and engage in the most appropriate learning options for their children, with an emphasis on families who lack the information and financial resources to access these options. By pursuing this mission, we help public education fulfill the promise of equal opportunity.

Major Activities

Activity 2
School development and student learning:step up for students is helping strengthen the program's partnership schools by offering free professional development through step up's office of student learning. This department's largest initiative, success partners, is a professional development program designed to create closer relationships between parents, teachers and administrators and students. The premise of the initiative is based on the benefits of strengthening the family-school partnership for the well-being of the child. Schools that work closely with parents often have high student achievement and quality programs. Ten schools in hillsborough county piloted this program during the 2011-12 school year, (continued on schedule o)17 more schools came aboard for the 2012-13 school year, and more than 120 are expected to participate throughout the state for the 2013-14 school year. The capstone of success partners is an interactive learning compact, designed to give teachers, families and students a way to utilize the florida state standards. With the compact, each party agrees to support one another for the success of the student. These standards are a national initiative of uniform academic benchmarks adopted in 45 states, four territories and the district of columbia for grades kindergarten through 12 to ensure that students are ready for careers and college.
Activity 3
Communications, policy and public affairs:each scholarship is intended to provide a low-income student in florida with a viable learning option that can make a difference in his or her educational life. Toward that objective, step up is building tools to assess academic progress in a robust way. The state already collects standardized test scores every year for all students in grades 3-10, and in its most recent report, for 2011-12 school year, determined that scholarship students achieved the same academic gains in reading and math as students of all income levels nationally. Step up is attempting to go further. In 2012-13, it pulled together student information (continued on schedule o)across 10 years and used it to construct a data warehouse. The warehouse will serve as a storehouse for all types of academic and demographic information and allow step up policy analysts to mine the data for a variety of academic indicators, including test scores, graduation rates and attrition rates. The purpose is to inform scholarship parents, participating schools, the general public and policymakers about the academic progress of scholarship students and shed light on pathways to academic improvement.
Filing and Contact Details

Filer

EIN
59-3649371
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IRS990/Activity2/Description0SCHOOL DEVELOPMENT AND STUDENT LEARNING:STEP UP FOR STUDENTS IS HELPING STRENGTHEN THE PROGRAM'S PARTNERSHIP SCHOOLS BY OFFERING FREE PROFESSIONAL DEVELOPMENT THROUGH STEP UP'S OFFICE OF STUDENT LEARNING. THIS DEPARTMENT'S LARGEST INITIATIVE, SUCCESS PARTNERS, IS A PROFESSIONAL DEVELOPMENT PROGRAM DESIGNED TO CREATE CLOSER RELATIONSHIPS BETWEEN PARENTS, TEACHERS AND ADMINISTRATORS AND STUDENTS. THE PREMISE OF THE INITIATIVE IS BASED ON THE BENEFITS OF STRENGTHENING THE FAMILY-SCHOOL PARTNERSHIP FOR THE WELL-BEING OF THE CHILD. SCHOOLS THAT WORK CLOSELY WITH PARENTS OFTEN HAVE HIGH STUDENT ACHIEVEMENT AND QUALITY PROGRAMS. TEN SCHOOLS IN HILLSBOROUGH COUNTY PILOTED THIS PROGRAM DURING THE 2011-12 SCHOOL YEAR, (CONTINUED ON SCHEDULE O)17 MORE SCHOOLS CAME ABOARD FOR THE 2012-13 SCHOOL YEAR, AND MORE THAN 120 ARE EXPECTED TO PARTICIPATE THROUGHOUT THE STATE FOR THE 2013-14 SCHOOL YEAR. THE CAPSTONE OF SUCCESS PARTNERS IS AN INTERACTIVE LEARNING COMPACT, DESIGNED TO GIVE TEACHERS, FAMILIES AND STUDENTS A WAY TO UTILIZE THE FLORIDA STATE STANDARDS. WITH THE COMPACT, EACH PARTY AGREES TO SUPPORT ONE ANOTHER FOR THE SUCCESS OF THE STUDENT. THESE STANDARDS ARE A NATIONAL INITIATIVE OF UNIFORM ACADEMIC BENCHMARKS ADOPTED IN 45 STATES, FOUR TERRITORIES AND THE DISTRICT OF COLUMBIA FOR GRADES KINDERGARTEN THROUGH 12 TO ENSURE THAT STUDENTS ARE READY FOR CAREERS AND COLLEGE.
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IRS990/Description0FLORIDA TAX CREDIT SCHOLARSHIP PROGRAM:THIS PAST SCHOOL YEAR, 51,075 UNDERPRIVILEGED STUDENTS ATTENDED SCHOOL ON A STEP UP FOR STUDENTS SCHOLARSHIP, AND FOR THE 2013-14 SCHOOL YEAR, WE ANTICIPATE HAVING MORE THAN 60,000 STUDENTS ON SCHOLARSHIP. THE SCHOLARSHIP PROGRAM WAS CREATED TO HELP ALLEVIATE THE ENORMOUS EDUCATIONAL CHALLENGES FACED BY CHILDREN WHO LIVE IN POVERTY. THE SCHOLARSHIP GIVES PARENTS WITH LIMITED FINANCIAL MEANS THE FREEDOM TO CHOOSE THE SCHOOL THAT BEST MEETS THEIR CHILDREN'S LEARNING NEEDS, FROM KINDERGARTEN THROUGH 12TH GRADE. IT IS THE LARGEST SCHOLARSHIP PROGRAM OF THIS NATURE IN THE UNITED STATES. (CONTINUED ON SCHEDULE O)FOR THE 2012-13 SCHOOL YEAR, APPROVED STUDENTS COULD CHOOSE BETWEEN SCHOLARSHIPS WORTH UP TO $4,335 FOR PRIVATE SCHOOL TUITION AND FEES OR UP TO $500 IN TRANSPORTATION COSTS TO ATTEND AN OUT-OF-DISTRICT PUBLIC SCHOOL. SINCE ITS CREATION, THE FLORIDA TAX CREDIT SCHOLARSHIP PROGRAM HAS AWARDED MORE THAN 271,790 SCHOLARSHIPS. FOR 2012-13, THE AVERAGE INCOME FOR PARTICIPANTS WAS 5.8% ABOVE THE FEDERAL POVERTY GUIDELINES AND OVER 54% OF THE STUDENTS WERE FROM SINGLE-PARENT HOUSEHOLDS. STANDARDIZED TEST SCORES RELEASED IN AUGUST 2012 SHOWED THAT STUDENTS AND SCHOOLS IN THE PROGRAM WERE HOLDING THEIR OWN AGAINST THE REST OF THE NATION. BY LAW, SCHOLARSHIP RECIPIENTS EVERY YEAR MUST TAKE A NATIONALLY RECOGNIZED NORM-REFERENCED TEST APPROVED BY THE STATE, AND MOST TAKE THE WELL-REGARDED STANFORD ACHIEVEMENT TEST. THE RESULTS FOR 2010-11 TRACKED CLOSELY WITH RESULTS IN PRIOR YEARS, AND THE RESEARCHER ISSUED THREE KEY FINDINGS:-STUDENTS WHO CHOSE THE SCHOLARSHIP WERE AMONG THE POOREST AND LOWEST-PERFORMING STUDENTS FROM THE PUBLIC SCHOOLS THEY LEFT BEHIND.-THESE SAME STUDENTS ACHIEVED GAINS IN READING AND MATH THAT WERE THE SAME AS ALL STUDENTS NATIONALLY, REGARDLESS OF INCOME LEVEL.-THESE STUDENTS ALSO ACHIEVED THE SAME GAINS AS PUBLIC SCHOOL STUDENTS ON FREE OR REDUCED LUNCH PROGRAMS, EVEN THOUGH THE PUBLIC SCHOOL GROUP HAD HIGHER INCOMES THAN THE SCHOLARSHIP STUDENTS AND WERE PERFORMING AT HIGHER LEVELS IN PRIOR YEARS.
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