STEP UP (EIN 320469895) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

DICK KAMPS

Phone

2317804036

Tax Period

2024-01-01 to 2024-12-31

STEP UP, founded in 2015, is a small nonprofit in the Housing & Shelter sector that reported $127K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $47K, a strong 37% operating margin.

Mission

IS TO PROVIDE CHRIST-CENTERED MENTORING, HOUSING, EDUCATIONAL GUIDANCE, LIFE SKILLS TRAINING, AND A COMMUNITY WITH ACCOUNTABILITY FOR MUSKEGON COUNTY YOUNG ADULTS AGES 18-24 PRIMARILY FOR YOUTH WHO HAVE AGED OUT OF THE FOSTER CARE SYSTEM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $115,314

Program Service Revenue $9,288

Investment Income $2,203

Other Revenue $35

TOTAL REVENUE $126,840

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,850

Fundraising Expenses $0

Program Expenses $59,210

Other Expenses $42,141

TOTAL EXPENSES $79,991

Year-over-Year Comparison

	2024	2023	Change
Revenue	$126,840	$162,095	-0.2%
Expenses	$79,991	$148,922	-0.5%
Net Income	$46,849	$13,173	+2.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DICK KAMPS	PRESIDENT	N/A	Officer Director	$0	$0	$0
JOE LANE	DIRECTOR	N/A	Director	$0	$0	$0
LYNN KAMPS	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM LOWRY	TREASURER	N/A	Officer Director	$0	$0	$0
KATHY RICHARDS	DIRECTOR	N/A	Director	$0	$0	$0
CAROLYN WALKER	SECRETARY	N/A	Officer Director	$0	$0	$0
DENNIS HARRIS	DIRECTOR	N/A	Director	$0	$0	$0
KAYLA MOORE	DIRECTOR	N/A	Director	$0	$0	$0
TARRA CARLSON	DIRECTOR	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$126,840	$79,991	$562,686	$46,849
2023	$162,095	$148,922	$513,267	$13,173
2022	$138,493	$103,503	$499,037	$34,990
2021	$263,688	$113,643	$463,722	$150,045
2020	$81,234	$64,525	$313,500	$16,709
2019	$69,173	$46,521	$296,947	$22,652
2018	$102,526	$60,208	$274,782	$42,318

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