Next Step Inc
- Assets
- $81.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glasgow, KY
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 30-0845948
Organization Overview
Next Step Inc is located in Glasgow, KY. The organization was established in 2015. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Next Step 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 12/2021, Next Step Inc generated $130.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $135.6k during the year ending 12/2021. While expenses have increased by 9.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
NEXT STEP, INC OPENED A USED CLOTHING AND OTHER MERCHANDISE STORE WITH VERY LOW PRICES. IT PROVIDED EMERGENCY ASSISTANCE IN THE FORMS OF FOOD PANTRY, UTILITY, RENT AND OTHER FORMS OF AID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Harbert Executive Di | 25 | $31,894 | |
Brian Pickerel Chairman | 5 | $0 | |
Ray Woodie Vice Chair | 5 | $0 | |
Greg Harry Treasurer | 5 | $0 | |
Angela Campbell Secretary | 5 | $0 | |
Tommy Stapleton Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,175 |
| Total Program Service Revenue | $82,770 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $89 |
| Total Revenue | $130,034 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,201 |
| Professional fees and other payments to independent contractors | $11,568 |
| Occupancy, rent, utilities, and maintenance | $26,225 |
| Printing, publications, postage, and shipping | $229 |
| Other expenses | $49,383 |
| Total expenses | $135,606 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,009 |
| Other assets | $0 |
| Total assets | $81,723 |
| Total liabilities | $2,979 |
| Net assets or fund balances | $78,744 |
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