51 STEPS TO FREEDOM

EIN: 872863340 501(c)(3) Arts, Culture & Humanities

WASHINGTON, DC

Total Revenue
N/A
Total Expenses
$27,704
Total Assets
$52,836
Net Assets
$52,836
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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
2021
Legal Domicile
DC
Principal Officer
TED SPERO
Phone
2024962020
Tax Period
2023-01-01 to 2023-12-31

Mission

AIM TO TRANSFORM OUR FUTURE BY PROMOTING, EDUCATING, AND INSPIRING UNDERSTANDING.

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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 (2023)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $6,000
Program Expenses $14,671
Other Expenses $21,704
TOTAL EXPENSES $27,704

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $210,000 -1.0%
Expenses $27,704 $129,460 -0.8%
Net Income N/A $80,540 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
5
Independent Members
5
Employees
N/A
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM TOWNE DIRECTOR 5.00
Director
$0 $0 $0
SUZY LOCKE DIRECTOR 5.00
Director
$0 $0 $0
BERNARD DEMCZUK DIRECTOR 5.00
Director
$0 $0 $0
TED SPERO TREASURER 5.00
Director
$0 $0 $0
REBECCA BENTZINGER DIRECTOR 5.00
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 No data $27,704 $52,836 No data
2022 $210,000 $129,460 $80,540 $80,540
2021 No data No data No data No data
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