Education
(B82)
990 on File
STEP FORWARD SCHOLARSHIP FUND
Financial strength (30%)
93/100
Reliability (20%)
45/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$238K
Total Revenue
$154K
Total Expenses
$423K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.0%
Fundraising Efficiency
N/A
Operating Reserve
33.03x
Liability-to-Asset
0.8%
Revenue Diversification
92.1%
Executive Compensation
$0
Compared with Peers
FY 2025
Compared with 10,291 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.0% | 89.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.5% | 7.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
33.0 mo | 9.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.8% | 0.1% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.1% | 87.8% |
P10P90
|
Below median |
|
Surplus margin
Surplus as a share of revenue
|
35.5% | 3.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $238K | $154K | $423K | 86.0% | 0 |
| 2023 | $211K | $134K | $253K | 100.0% | 0 |
| 2022 | $134K | $114K | $176K | 8.6% | — |
| 2021 | $262K | $81K | N/A | — | 1 |
| 2020 | $74K | $47K | N/A | — | 1 |
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