PROGRESSIVE STEPS INC

EIN: 455590489 501(c)(3) Human Services

WINDSOR MILL, MD

Total Revenue
$572,015
Total Expenses
$633,914
Total Assets
$330,258
Net Assets
$-228,048
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MD
Tax Period
2022-07-01 to 2023-06-30

PROGRESSIVE STEPS INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $572K in total revenue in fiscal year 2022. Revenue decreased 6% compared to the prior year. Expenses of $634K exceeded revenue, resulting in a 11% operating deficit.

Mission

The Company provides a treatment foster care program for the placement, care and administration of foster teens and children.

Program Service Accomplishments

Program 1
Expenses: $491,478 Revenue: $572,015

Provided foster care for the placement, care and administration of teens and children who have been neglected and/or abused.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $572,015
Investment Income $0
Other Revenue $0
TOTAL REVENUE $572,015

Expense Breakdown

Grants Paid $0
Salaries & Benefits $236,581
Fundraising Expenses $7,217
Program Expenses $491,478
Other Expenses $397,333
TOTAL EXPENSES $633,914

Year-over-Year Comparison

2022 2021 Change
Revenue $572,015 $606,013 -0.1%
Expenses $633,914 $693,978 -0.1%
Net Income $-61,899 $-87,965 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
6
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
5
$120,000
Total Directors
7
$0
Key Employees
1
$120,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jerry Pittman Chief Executive Officer 020.00
Officer Key Emp Highest
$120,000 $0 $120,000
Ciera M Parks Chairman 005.00
Officer Director
$0 $0 $0
Monita Laurent Co-Chairman 005.00
Officer Director
$0 $0 $0
Dana Cooper Treasurer 005.00
Officer Director
$0 $0 $0
Dayna Letrice Harris-Davis Secretary 005.00
Officer Director
$0 $0 $0
Derrick C Jones Director 005.00
Director
$0 $0 $0
Fentzy Philippe-Auguste Director 005.00
Director
$0 $0 $0
Phaedra Michele Risher Director 005.00
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
2023 $572,015 $633,914 $330,258 $-61,899
2021 $665,231 $683,729 $71,049 $-18,498
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