SAINT STEPHENS WAY INC

EIN: 455390085 501(c)(3) Housing & Shelter

MELBOURNE, FL

Total Revenue
$865,520
Total Expenses
$542,446
Total Assets
$11,662,354
Net Assets
$3,295,664
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Principal Officer
EDWARD STRUTTMANN
Phone
3213068873
Tax Period
2023-10-01 to 2024-09-30

SAINT STEPHENS WAY INC, founded in 2015, is a small nonprofit in the Housing & Shelter sector that reported $866K in total revenue in fiscal year 2023. Revenue surged 142% from the prior year, signaling strong growth momentum. The organization ran a surplus of $323K, a strong 37% operating margin.

Mission

ST. STEPHENS WAY PROVIDES AFFORDABLE HOUSING ALONG WITH SUPPORTINGSERVICES TO HOMELESS FAMILIES REFERRED BY THE BREVARD HOUSING AUTHORITY AND CATHOLIC CHARITIES.

Program Service Accomplishments

Program 1
Expenses: $385,339 Revenue: $181,207

HOUSING: THE ORGANIZATION PROVIDES HOUSING TO HOMELESS FAMILIES WITH SCHOOL AGED CHILDREN. THE HOMES PROVIDE A STABLE LIVING / LEARNING ENVIRONMENT FOR THESE CHILDREN AND THEIR FAMILIES.

Program 2
Expenses: $1,785

SUPPORT SERVICES: THE ORGANIZATION PROVIDES SERVICES TO ITS RESIDENTS INCLUDING CAREER DEVELOPMENT, LEADERSHIP TRAINING, FINANCIAL BUDGETING, NUTRITION AND STRESS MANAGEMENT, COMMUNICATION SKILLS...

Read more

SUPPORT SERVICES: THE ORGANIZATION PROVIDES SERVICES TO ITS RESIDENTS INCLUDING CAREER DEVELOPMENT, LEADERSHIP TRAINING, FINANCIAL BUDGETING, NUTRITION AND STRESS MANAGEMENT, COMMUNICATION SKILLS, CONTINUING EDUCATION, DECISION MAKING SKILLS, AND SCRIPTURE STUDY. THESE SERVICES ARE PROVIDED IN THE HOLMAN CENTER WHICH IS ON THE SAME CAMPUS AS THE 40 HOMES.

Program 3
Expenses: $13,083

COMMUNITY AWARENESS: THE ORGANIZATION BUILDS AWARENESS OF HOMELESSNESS AMOUNG SCHOOL AGED CHILDREN THROUGH SPECIAL EVENTS, NEWSLETTES AND OTHER MEDIA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $615,554
Program Service Revenue $181,207
Investment Income $14,063
Other Revenue $54,696
TOTAL REVENUE $865,520

Expense Breakdown

Grants Paid $0
Salaries & Benefits $160,989
Fundraising Expenses $37,710
Program Expenses $400,207
Other Expenses $381,457
TOTAL EXPENSES $542,446

Year-over-Year Comparison

2023 2022 Change
Revenue $865,520 $357,783 +1.4%
Expenses $542,446 $140,979 +2.8%
Net Income $323,074 $216,804 +0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
10
Employees
4
Volunteers
36

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
5
$54,000
Total Directors
12
$54,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD STRUTTMANN PRESIDENT 10.00
Officer Director
$0 $0 $0
DONALD LEES VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
DAVID MYLER TREASURER 5.00
Officer Director
$0 $0 $0
JOHN E FARRELL ED/SECRETARY THRU 3/14/24 16.00
Officer Director
$54,000 $0 $54,000
ROBERT A MCCARTHY DIRECTOR 5.00
Director
$0 $0 $0
LINDA LEES DIRECTOR 5.00
Director
$0 $0 $0
ESAIAS JOCK WALKER DIRECTOR 5.00
Director
$0 $0 $0
KATHERINE CONRAD DIRECTOR 5.00
Director
$0 $0 $0
JAN MCCARTHY DIRECTOR 5.00
Director
$0 $0 $0
MICHAEL SULLIVAN DIRECTOR 5.00
Director
$0 $0 $0
MARY BRODERICK DIRECTOR 5.00
Director
$0 $0 $0
DESTINY COLLAZO DIRECTOR 5.00
Director
$0 $0 $0
HENRY WERTINJR ED FROM 4/1/24-9/17/24 10.00
Officer
$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 $865,520 $542,446 $11,662,354 $323,074
2023 $357,783 $140,979 $8,192,381 $216,804
2021 $788,704 $120,177 $2,261,295 $668,527
2020 $359,838 $142,950 $1,641,812 $216,888
2019 $370,319 $87,752 $1,426,483 $282,567
2018 $549,310 $62,564 $666,267 $486,746
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SAINT STEPHENS WAY INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.