A Step Closer Foundation Inc is a 501(c)(3) organization based in Owings Mills, Maryland, registered in 2023, with $11,448 in FY2014 revenue. CharityIndex grades it C.
Revenue (FY2014)
$11K
▼ 45.9% vs prior year
Youth median: $163K
Expenses (FY2014)
$13K
Net assets
$12K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A Step Closer Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A Step Closer Foundation Inc: 11 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A Step Closer Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A Step Closer Foundation Inc: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue declined from $18K (FY2012) to $11K (FY2014) across 3 reported years.
Financial snapshot
Operating margin
-11.5%
Spent more than it raised in the latest fiscal year.
Total assets
$12K
Net assets
$12K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2014 | $11,448▼45.9% | $12,760▼23.4% | $11,943▼9.9% | $11,943▼9.9% | 990EZ |
| 2013 | $21,162▲20.2% | $16,654▼13.9% | $13,255▲51.5% | $13,255▲50.7% | 990EZ |
| 2012 | $17,611 | $19,336 | $8,747 | $8,794 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for A Step Closer Foundation Inc (EIN 71-1032161) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.