Support The Enlisted Project Inc
Current Fiscal Year
Fiscal Year Start Date: July 1, 2025
Fiscal Year End Date: June 30, 2026
Projected Revenue: $4,480,880
Projected Expense: $4,070,631
Revenue vs. Expense ($)
Expense Breakdown: 2024 (%)
| Administration Expense | 10.9% |
| Program Expense | 78.1% |
| Fundraising Expense | 11.0% |
Expense Breakdown: 2023 (%)
| Administration Expense | 7.3% |
| Program Expense | 81.9% |
| Fundraising Expense | 10.9% |
Expense Breakdown: 2022 (%)
| Administration Expense | 9.6% |
| Program Expense | 80.1% |
| Fundraising Expense | 10.2% |
990 Tax Form Newest 990 Year opens each June
Prior Three Years Total Revenue and Expense Totals
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Revenue | $3,511,909 | $4,313,137 | $2,679,000 |
| Total Expenses | $3,380,765 | $3,265,024 | $2,497,929 |
Prior Three Years Revenue Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Foundation and Corporation Contributions | $1,068,540 | $3,034,310 | $1,676,920 |
| Government Contributions | $1,072,810 | $27,000 | $25,000 |
| Federal | - | - | - |
| State | - | - | - |
| Local | - | - | - |
| Unspecified | - | - | - |
| Individual Contributions | - | - | - |
| Indirect Public Support | - | - | - |
| Earned Revenue | - | - | - |
| Investment Income, Net of Losses | $69,726 | $20,445 | $79 |
| Membership Dues | - | - | - |
| Special Events | $74,161 | $67,394 | $50,560 |
| Revenue In-Kind | $1,226,672 | $1,163,988 | $782,930 |
| Other Revenue | $1,303,992 | $1,186,528 | $922,266 |
Prior Three Years Expense Allocations by Type
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Program Expense | $2,641,867 | $2,673,066 | $2,001,651 |
| Administration Expense | $367,364 | $237,280 | $240,787 |
| Fundraising Expense | $371,534 | $354,678 | $255,491 |
| Payments to Affiliates | - | - | - |
| Total Revenue/Total Expenses | 1.04 | 1.32 | 1.07 |
| Program Expense/Total Expenses | 78% | 82% | 80% |
| Fundraising Expense/Total Revenue | 11% | 8% | 10% |
Prior Three Years Assets and Liabilities
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,841,688 | $2,798,660 | $1,459,918 |
| Current Assets | $2,575,650 | $2,529,806 | $1,195,745 |
| Long-Term Liabilities | - | - | - |
| Current Liabilities | $344,274 | $443,371 | $172,397 |
| Total Net Assets | $2,497,414 | $2,355,289 | $1,287,521 |
Short Term Solvency
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets/Current Liabilities | 7.48 | 5.71 | 6.94 |
Long Term Solvency
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Long Term Liabilities/Total Assets | - | - | - |
Endowment/Capital Campaigns
Endowment Value: $114,088
Spending Policy: -
Percentage: -
Are you currently in a Capital Campaign? Yes
Capital Campaign Purpose:
STEP is in the final phase of our first ever Capacity Building Campaign. Through this campaign, STEP will expand our team by four full-time employees, increase our Financial Wellness Counseling Program pool of funds, purchase and renovate a 15,000 Sq. Ft. Headquarters Building.
Purchasing a building will alleviate approximately $300,000 in rental expenses annually. With a larger building, we will double the number of families served, allowing us to touch 80,000 lives annually through expanded programs and services, including collaborative distribution events.
We will also grow our team to meet the escalating demand for our services, so we do not have to turn away those embracing their change moment during, and what could be their last, financial crisis. Staff is currently at maximum capacity, serving 1,070 cases annually. The addition of two new Social Worker positions will allow us to serve 50 more clients monthly, an average of 600 more families annually.
Campaign Goal: $6,500,000
Capital Campaign Start Date: November 1, 2022
Capital Campaign End Date: -
Capital Campaign Raised-to-Date Amount: $5,500,000
CONTACT
Support The Enlisted Project Inc
1631 Sunflower Avenue
Suite C34
Santa Ana, CA 02704
jennifer.handy@teamstepusa.org
Phone: 858-695-6810