Denver, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Step Springs, founded in 2023, is a community nonprofit in the Housing & Shelter sector that reported $3.7M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.5M, a strong 94% operating margin.
Step Springs is a subsidiary organization of Step Denver and when it opens in 2025 will be the first replication of the Step program. Step is a residential recovery community that gives men with nowhere else to turn the opportunity to rebuild their lives through Sobriety, Work, Accountability, and Community. The ultimate goal of the organization is to have its residents transition to safe, sober, independent living situations where they may become productive, contributing members of their communities.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,712,587 | $3,362,025 | +0.1% |
| Expenses | $225,619 | $5,998 | +36.6% |
| Net Income | $3,486,968 | $3,356,027 | +0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Meghan Shay | Executive Dir. | 40.00 |
Officer
|
$129,831 | $4,530 | $134,361 |
| Stephanie Landree | Dir of Admin | 40.00 |
Officer
|
$100,600 | $8,169 | $108,769 |
| Mark Soane | Chairman | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Luke Niforatos | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ted Ramsey | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Beau Kelly | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Aleah Horstman | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Matthew Tepoorten | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Ryan Sahd | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,712,587 | $225,619 | $6,864,813 | $3,486,968 |
| 2024 | $3,362,025 | $5,998 | $3,368,903 | $3,356,027 |
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