Next Step Inc
- Assets
- $88.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glasgow, KY
- Founding
- 06/2015
- Data as of
- 12/2022
- 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 12/2022, Next Step Inc generated $160.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $152.7k during the year ending 12/2022. While expenses have increased by 15.5% per year over the past 5 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
2022
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 | $31,643 | |
Wes Simpson President | 5 | $0 | |
Gerald Wood Vice Preside | 5 | $0 | |
Greg Harry Treasurer | 5 | $0 | |
Angela Campbell Secretary | 5 | $0 | |
Jordan Woodie Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,731 |
| Total Program Service Revenue | $108,732 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $160,465 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,022 |
| Professional fees and other payments to independent contractors | $6,550 |
| Occupancy, rent, utilities, and maintenance | $26,631 |
| Printing, publications, postage, and shipping | $218 |
| Other expenses | $61,319 |
| Total expenses | $152,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,042 |
| Other assets | $0 |
| Total assets | $88,143 |
| Total liabilities | $1,674 |
| Net assets or fund balances | $86,469 |