Next Step Ministries Inc
- Assets
- $225.2k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 80
- Location
- Madison, WI
- Founding
- 10/2007
- Data as of
- 09/2023
- EIN
- 26-1110499
Organization Overview
Next Step Ministries Inc is located in Madison, WI. The organization was established in 2007. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 09/2023, Next Step Ministries Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Next Step Ministries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Next Step Ministries Inc generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $2.4m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO TEACH AND PREACH THE GOSPEL THROUGH SPEAKING ENGAGEMENTS AND MISSIONS, PRODUCE AND DISTRIBUTE CHRISTIAN LITERATURE, CONDUCT PUBLIC CONFERENCES AND EVANGELISTIC ACTIVITIES, PROVIDE FOREIGN AND DOMESTIC SUPPORT TO COMMUNITIES, OFFER BIBLE BASED AND EDUCATIONAL CLASSES, UTILIZE VARIOUS FORMS OF MEDIA IN ORDER TO IMPACT YOUTH AND ADULTS, OFFER EMOTIONAL AND SPIRITUAL COUNSELING, LICENSE AND ORDAIN PASTORS OF THE GOSPEL AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE.
Describe the Organization's Program Activity:
NEXT STEP MINISTRIES IS A CHRIST-CENTERED, 501(C)(3) NONPROFIT WITH THE HEARTBEAT TO DO MISSIONS DIFFERENTLY. WE ARE PASSIONATE ABOUT THE EXPERIENCE STUDENTS CAN HAVE ON A MISSION TRIP- SERVING OTHERS WHILE ENCOUNTERING A LIVING GOD WHO OFFERS FREEDOM AND GRACE.WE ARE PASSIONATE ABOUT COMMUNITIES THRIVING- DEVELOPING FROM WITHIN AND RESTORING DIGNITY. TO THIS END, WE LEAD THOUSANDS OF STUDENTS ON ONE-WEEK MISSION TRIPS THAT CONNECT THEM WITH SUSTAINABLE COMMUNITY-LED INITIATIVES WE SUPPORT ON A YEAR-ROUND BASIS.FILMS - NEXT STEP MINISTRIES PROVIDES ORIGINAL VIDEO SERIES AND STUDY GUIDES. EVERY YEAR AN ORIGINAL FILM SERIES IS PRODUCED THAT COINCIDES WITH THE EVENING MESSAGES. THE FILM SERIES IS MEANT TO REACH OTHERS IN YET ANOTHER WAY WITH POWERFUL STORIES OF CHRIST IN ACTION. WHILE EVERYFILM SERIES IS DIFFERENT, IT IS OUR HOPE THAT STUDENTS RELATE TO THE PEOPLE IN THE FILM SERIES AND BEGIN TO UNDERSTAND THAT THEY ARE NOT ALONE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Hollman Finance/operations Dir/president | OfficerTrustee | 40 | $46,108 |
Andrew Atwell Creative Director/treasurer | OfficerTrustee | 40 | $303 |
Todd Gehrmann Spiritual Director/secretary | OfficerTrustee | 40 | $4,058 |
Barak Tschirhart Missions Director | Officer | 40 | $44,862 |
Neil Rowe Creative Director | Officer | 40 | $6,772 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $207,547 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,758 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $246,305 |
| Total Program Service Revenue | $1,945,590 |
| Investment income | $83 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,107 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,858 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,200,152 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,394 |
| Grants and other assistance to Foreign Orgs/Individuals | $500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $307,222 |
| Compensation of current officers, directors, key employees. | $117,669 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $406,757 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,756 |
| Payroll taxes | $44,324 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,603 |
| Fees for services: Accounting | $8,709 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,749 |
| Advertising and promotion | $65,123 |
| Office expenses | $180,752 |
| Information technology | $17,999 |
| Royalties | $0 |
| Occupancy | $66,418 |
| Travel | $223,663 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $73,261 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,478 |
| Insurance | $43,940 |
| All other expenses | $845,264 |
| Total functional expenses | $2,362,912 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,630 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $43,541 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $225,171 |
| Accounts payable and accrued expenses | $21,504 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $149,900 |
| Total liabilities | $171,404 |
| Net assets without donor restrictions | $53,767 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $225,171 |