STEPPING INTO THE LIGHT (EIN 431692362) - 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

1994

Legal Domicile

Principal Officer

JEROME BRACELY

Phone

3142315175

Tax Period

2023-01-01 to 2023-12-31

STEPPING INTO THE LIGHT, founded in 1994, is a small nonprofit in the Religion sector that reported $209K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $106K, a strong 51% operating margin.

Mission

TO MEET THE NEEDS OF THE GROWING NUMBER OF MEN SUFFERING FROM SUBSTANCE ABUSE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $208,788

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $208,788

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,000

Fundraising Expenses $0

Program Expenses $102,862

Other Expenses $82,862

TOTAL EXPENSES $102,862

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,788	$286,626	-0.3%
Expenses	$102,862	$73,421	+0.4%
Net Income	$105,926	$213,205	-0.5%

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

N/A

Volunteers

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

$20,000

Total Directors

$20,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEROME BRACELY	President	40.00	Officer Director	$20,000	$0	$20,000
TIFFANY BRACELY	Treasurer	1.00	Officer Director	$0	$0	$0
LARRY REESE	Secretary	1.00	Officer Director	$0	$0	$0
ROBERT MCCULLEY	Advisor	1.00	Director	$0	$0	$0
DEBORAH HOPKINS	Advisor	1.00	Director	$0	$0	$0
BEULAH BRANDON	Advisor	1.00	Director	$0	$0	$0
FRANK MYERS	Advisor	1.00	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	No data	No data	No data	No data
2023	$208,788	$102,862	$105,926	$105,926
2022	$286,626	$73,421	$213,205	$213,205

STEPPING INTO THE LIGHT