Montgomery S T E P Foundation is a 501(c)(3) organization based in Montgomery, Alabama, registered in 1989, with $215,509 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$216K
▼ 22.8% vs prior year
Expenses (FY2023)
$195K
Net assets
$213K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Montgomery S T E P Foundation— 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 Montgomery S T E P Foundation: 13 mo reserves · +10% margin earns a A 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 Montgomery S T E P Foundation— 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 Montgomery S T E P Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $429K (FY2009) to $216K (FY2023) across 12 reported years.
Financial snapshot
Operating margin
9.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$220K
Total liabilities
$7,312
Net assets
$213K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $215,509▼22.8% | $194,661▼4.1% | $212,756▲10.9% | $220,068▲7.4% | 990 |
| 2022 | $279,294▲17.3% | $202,982▲1.9% | $191,908▲66.0% | $204,956▲70.0% | 990 |
| 2021 | $238,182▲16.9% | $199,195▲5.6% | $115,596▲50.9% | $120,569▲47.2% | 990 |
| 2020 | $203,737▼6.8% | $188,718▲1.2% | $76,609▲24.4% | $81,931▲25.8% | 990 |
| 2019 | $218,679▲42.1% | $186,411▲5.4% | $61,590▲110% | $65,149▲85.2% | 990 |
| 2018 | $153,846▲0.9% | $176,932▲3.4% | $29,322▼44.1% | $35,185▼37.6% | 990 |
| 2017 | $152,418▼18.4% | $171,043▲22.2% | $52,408▼26.2% | $56,366▼23.1% | 990 |
| 2016 | $186,889▲23.6% | $139,945▼18.8% | $71,033▲195% | $73,290▲187% | 990 |
| 2015 | $151,153▼30.7% | $172,413▼20.4% | $24,089▼46.9% | $25,526▼48.3% | 990 |
| 2014 | $218,217▲7.5% | $216,514▲2.4% | $45,349▲3.9% | $49,366▲5.1% | 990 |
| 2013 | $202,959 | $211,372▲2.0% | $43,646▼16.2% | $46,972▼12.3% | 990 |
| 2012 | — | $207,155▼3.0% | $52,059▲479% | $53,571▲13.7% | 990 |
| 2011 | — | $213,645▼48.0% | $8,987▲194% | $47,124▼19.7% | 990 |
| 2009 | $429,020 | $411,075 | -$9,518 | $58,710 | 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.
2 grants to Montgomery S T E P Foundation totaling $1,500, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Children and youth services | 2016 | $1,000 |
| National Christian Charitable Foundation | Children and youth services | 2015 | $500 |
Explore more
Data for Montgomery S T E P Foundation (EIN 63-0986017) 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.