Steps Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs
Steps Inc is a 501(c)(3) organization based in Farmville, Virginia, registered in 1985, with $7,024,353 in FY2023 revenue. CharityIndex grades it B.
225 Industrial Park Rd, Farmville, VA, 23901 EIN 54-1209110 Since 1985
Revenue (FY2023)
$7.0M
▼ 9.2% vs prior year
Expenses (FY2023)
$7.2M
Net assets
$2.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Steps Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · -2% margin
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 Steps Inc: 5 mo reserves · -2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Steps Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Steps Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $2.9M (FY2013) to $7.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.0MNet assets $2.8M
Operating margin
-1.9%
Spent more than it raised in the latest fiscal year.
Total assets
$4.8M
Total liabilities
$2.0M
Net assets
$2.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,024,353▼9.2% | $7,161,236▲2.2% | $2,788,668▼4.7% | $4,819,230▼1.2% | 990 |
| 2022 | $7,736,219▲6.6% | $7,008,456▲4.8% | $2,925,551▲19.6% | $4,879,501▲44.0% | 990 |
| 2021 | $7,256,385▲13.2% | $6,686,140▲4.7% | $2,446,478▲30.4% | $3,388,656▲36.3% | 990 |
| 2020 | $6,411,460▲9.0% | $6,387,540▲14.5% | $1,876,233▲1.3% | $2,487,018▼3.5% | 990 |
| 2019 | $5,882,358▲13.7% | $5,576,317▲7.9% | $1,852,313▲19.8% | $2,575,925▲14.8% | 990 |
| 2018 | $5,172,279▲21.3% | $5,166,137▲3.3% | $1,546,272▲0.4% | $2,244,772▼4.3% | 990 |
| 2017 | $4,263,748▼27.5% | $5,000,932▲3.9% | $1,540,130▼32.4% | $2,346,027▼26.7% | 990 |
| 2016 | $5,882,169▲28.3% | $4,813,666▲15.3% | $2,277,314▲88.4% | $3,199,164▲43.3% | 990 |
| 2015 | $4,583,190▲150% | $4,175,494▲110% | $1,208,811▲96.0% | $2,233,120▲23.6% | 990 |
| 2014 | $1,832,681▼37.2% | $1,992,627▼36.3% | $616,706▼20.6% | $1,807,226▼10.3% | 990 |
| 2013 | $2,918,356 | $3,126,109▼28.1% | $776,652▼19.2% | $2,014,385▼18.4% | 990 |
| 2012 | — | $4,345,948▼18.8% | $960,817▼22.7% | $2,469,396▼12.6% | 990 |
| 2011 | — | $5,349,586▲6.0% | $1,242,662▲24.8% | $2,825,040▲47.9% | 990 |
| 2010 | — | $5,044,529 | $995,529 | $1,910,096 | 990 |
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.
Grants received · $908K total
13 grants to Steps Inc totaling $908K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Centra Health Inc | Employment/job assistance; housing and homelessness | 2024 | $192,319 |
| Centra Health Inc | Farmville area: housing and homelessness bedford area: issues impacting children and their access to healthcare services housing aging and eldercare food insecurity and nutrition equity, inclusion and diversity aging and eldercare poverty bedford area: transportation farmville area: access to healthcare services farmville area: access to healthcare services housing housing issues impacting children and their families: chil farmville area: chronic disease mental health and substance use disorders & access poverty issues impacting children and their families: chil farmville area: housing and homelessness food insecurity and nutrition housing bedford area: issues impacting children and their issues impacting children and their families: chil mental health and substance use disorders & access mental health and substance use disorders & access equity, inclusion and diversity access to healthcare services access to healthcare services equity, inclusion and diversity equity, inclusion and div | 2023 | $229,170 |
| Cleveland Foundation | Purchase of facility for domestic violence shelter | 2023 | $6,805 |
| Centra Health Inc | Community svcs | 2022 | $168,833 |
| Centra Health Inc | Community svcs | 2022 | $75,000 |
| Centra Health Inc | Community svcs | 2022 | $20,000 |
| The Community Foundation Inc | General purposes | 2022 | $15,000 |
| Southside Community Hospital Inc | Emergency shleter | 2021 | $81,000 |
| The Community Foundation Inc | The hiring of a housing coordinator to assist in meeting increased needs of those applying for housing services and for paying rental/mortgage arrears for amelia and cumberland citizens who may not qualify for the rent and mortgage relief program | 2020 | $50,000 |
| Centra Health Inc | Fundraising campaign | 2018 | $39,319 |
| Southside Community Hospital Inc | General operational support | 2018 | $6,000 |
| Feed More Inc | Strengthening partner agency network | 2017 | $15,000 |
| Southside Community Hospital Inc | General operational support | 2016 | $10,000 |
Frequently asked questions
- Is Steps Inc a legitimate nonprofit?
- Yes. Steps Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1209110, based in Farmville, Virginia. Donations are tax-deductible.
- What is Steps Inc's EIN?
- Steps Inc's Employer Identification Number (EIN) is 54-1209110.
- How much revenue does Steps Inc report?
- Steps Inc reported $7,024,353 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Steps Inc have?
- CharityIndex grades Steps Inc B, based on financial health (reserves and operating margin).
More nonprofits in Farmville
Explore more
Data for Steps Inc (EIN 54-1209110) 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.