Steps to Victory Inc

EIN: 800324726 501(c)(3) Human Services

Kalamazoo, MI

Total Revenue
$274,193
Total Expenses
$259,034
Total Assets
$15,159
Net Assets
N/A
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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
2009
Legal Domicile
MI
Principal Officer
Bernice Cunningham
Phone
2693890515
Tax Period
2024-01-01 to 2024-12-31

Steps to Victory Inc, founded in 2009, is a small nonprofit in the Human Services sector that reported $274K in total revenue in fiscal year 2024. Expenses of $259K left a modest 6% surplus.

Mission

Providing Healthcare programs and social assistance for the underserved.

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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 (2024)

Revenue Breakdown

Contributions & Grants $266,553
Program Service Revenue $0
Investment Income $0
Other Revenue $7,640
TOTAL REVENUE $274,193

Expense Breakdown

Grants Paid $0
Salaries & Benefits $129,615
Fundraising Expenses $4,650
Program Expenses $207,793
Other Expenses $129,419
TOTAL EXPENSES $259,034

Year-over-Year Comparison

2024 2023 Change
Revenue $274,193 N/A N/A
Expenses $259,034 N/A N/A
Net Income $15,159 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
16
Volunteers
20

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bernice Cunningham President 5.00
Officer
$0 $0 $0
Anaya Fernando Secretary 2.00
Officer
$0 $0 $0
John Bolden Treasurer 2.00
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 $274,193 $259,034 $15,159 $15,159
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