The rating is based on Step Up’s demonstration of strong financial health and its commitment to accountability and transparency.
“We are incredibly passionate about what we do and how we do it. We work incredibly hard to change the lives of Florida’s most vulnerable children, but that mission is nothing without the trust of our donors,” said Step Up President Doug Tuthill. “That’s why earning this rating is not only important to us, it’s critical.”
This is the 14th time Step Up has received a four-star rating from Charity Navigator in as many years.
In a letter to Step Up, Charity Navigator President Michael Thatcher wrote, “This is our highest possible rating and indicates your organization adheres to sector best practices and executes its mission in a financially efficient way. Attaining a 4-star rating verifies that Step Up For Students exceeds industry standards and outperforms most charities in your work area. … This exceptional designation from Charity Navigator sets Step Up for Students apart from its peers and demonstrates to the public its trustworthiness.”
Charity Navigator evaluates more than 1.5 million American charities.
“The intent of our work is to provide donors with essential information to give them greater confidence in both the charitable decisions that they make and the nonprofit sector,” Thatcher wrote.
Charity Navigator’s rating is the latest accolade given to Step Up by national organizations.
Step Up ranked 18th in the Chronicle of Philanthropy’s most recent list of Top 100 nonprofits and 19th on Forbes’ list of America’s Top Charities. In addition, Step Up has earned GuideStar’s Platinum Seal of Transparency.
By ROGER MOONEY
Step Up For Students continues to provide education choice to Florida schoolchildren from disadvantaged backgrounds and its efforts continue to garner national acclaim.
“It is an honor to be placed in this prestigious ranking by the Chronicle of Philanthropy,” said Anne Francis, Step Up’s vice president of development. “Being ranked 18th in the nation, and first in Florida, is a monumental achievement that has been made possible by our generous donors.
“In the last couple years, Step Up has grown from two scholarship offerings to five. Our largest program, the income-based Florida Tax Credit Scholarship, serves families with an average household income that is merely 8 % above poverty. Donors who invest in our scholarships and programs know their contributions change the lives of vulnerable children in Florida who seek a brighter future.”
Step Up’s total revenues in the 2018 fiscal year was $705.6 million, an increase over its $548.5 million in total revenue in 2017. This allowed Step Up to serve more than 125,000 pre-K through12 students across the five scholarships programs it manages:
In addition to the Chronicle of Philanthropy honor, Step Up was ranked 19th on Forbes’ list of America’s Top Charities 2018.
Charity Navigator awarded Step Up a four-star rating for the eighth consecutive year, a credit that only 4 percent of charities have earned by the nation’s top charity evaluator. Step Up has earned the Platinum Seal of Transparency with GuideStar, a public database that evaluates the mission and effectiveness of nonprofits.
Also, Step Up’s Jacksonville office was ranked third among best places to work in that city for businesses with 100-249 employees by the Jacksonville Business Journal. Its Clearwater office was ranked eighth among large companies in the Tampa Bay area by the Tampa Bay Business Journal.
Roger Mooney, marketing communications manager, can be reached at firstname.lastname@example.org.
By ROGER MOONEY
Step Up For Students added another recognition to its growing list of honors as it serves some of Florida’s most disadvantaged children.
“We are honored by this ranking,” said Step Up President Doug Tuthill, “and we are grateful to our donors who share our vision to enable children in the state of Florida to receive the best education possible.”
Step Up, a nonprofit scholarship funding organization serving Florida schoolchildren, is expected to help 125,000 children during the 2018-19 school year with four scholarships – the Florida Tax Credit scholarship for children in lower-income families, the Gardiner Scholarship for children with certain special needs, the Hope Scholarship for children who are bullied in public school, the Reading Scholarship Accounts program, to assist struggling readers in third through fifth grades three. The Hope and Reading scholarships are new for this school year.
With the support of about 250 corporate donors, Step Up raised more than $500 million in 2017.
The Chronicle’s ranking is based on an organization’s cash support, focusing exclusively on “the fundraising of cause-driven nonprofits,” according to the Chronicle’s story published Oct. 30.
It is designed to offer a better understanding of trends that influence donations from individuals as well as the increasing value of foundation gifts to charities. The idea is to deliver a clear financial representation of the top fundraising organizations.
“The recognition of being in the Chronicle’s top 100 charities places Step Up For Students in an esteemed group of nonprofits,” said Anne Francis, Step Up’s vice president of development. “Our ranking is a measure of our donors’ commitment to our mission of providing educational opportunities for under-served children. It is a ranking that I recognize as both earned and humbling.
“The importance of the ranking is both in the reflection of what our donors have contributed to place us among the Top 100 and what the future can hold for Step Up with the increased awareness of our organization and mission that the ranking brings.”
Step Up continues to rank among the top nonprofits nationwide with this latest ranking.
The organization recently received a four-star rating for the seventh consecutive year from Charity Navigator, the nation’s top charity evaluator. That ranking was based on financial performance, accountability and transparency. Only 4 percent of charities have earned a four-star rating for seven consecutive years.
Step Up is recognized as a Platinum Charity by GuideStar. The scholarship funding organization is also ranked 26th of the 100 largest charities by Forbes for the last fiscal year.
Step Up was also voted the top nonprofit in Florida in 2017 in the education category by the Tampa Bay Business Journal and one of the best places to work in Jacksonville by the Jacksonville Business Journal.
Roger Mooney can be reached at email@example.com.