Next Step For Life Inc
- Assets
- $1.2m
- Revenue
- $499.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Cookeville, TN
- Founding
- 01/2016
- Data as of
- 12/2021
- EIN
- 47-4100241
Organization Overview
Next Step For Life Inc is located in Cookeville, TN. The organization was established in 2016. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 12/2021, Next Step For Life Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Next Step For Life 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 For Life Inc generated $499.6k 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 (5.3%) each year. All expenses for the organization totaled $368.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE TRANSITIONAL HOUSING AND LIFE SKILLS TRAINING TO YOUNG MEN AND WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATIONS LARGEST AND MAIN PROGRAM SERVICE ACCOMPLISHMENT IS TO PROVIDE TRANSITIONAL HOUSING ANS LIFE SKILLS TRAINING TO YOUNG MEN AND WOMEN.362853.14
THE WORK STUDY PROGRAM STARTED DURING THE LAST SIX MONTHS OF 2021. THE MEN LEARNED AND DEVELOPED WORK RELATED SKILLS, ACCOUNTABILITY OF BEING ON TIME AND WORKING AS A TEAM TO SATISFY CUSTOMERS EXPECTING PROFESSIONAL LAWN SERVICES. THE WORK WAS NOT FULL TIME AND WAS USED TO SUPPLEMNET THEIR CLASSROOM LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Roland Treasurer | OfficerTrustee | 0 | $0 |
David Roland Chairman | OfficerTrustee | 0 | $0 |
Carl Renegar Director | Trustee | 0 | $0 |
Sherri Stone Director | Trustee | 0 | $0 |
Jessica Parrott Director | Trustee | 1 | $0 |
Willaim Birdwell Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $481,462 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $481,462 |
| Total Program Service Revenue | $17,316 |
| Investment income | $802 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $499,580 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,673 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,901 |
| Payroll taxes | $15,059 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,300 |
| Advertising and promotion | $392 |
| Office expenses | $8,019 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,154 |
| Travel | $923 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,071 |
| Insurance | $19,638 |
| All other expenses | $4,700 |
| Total functional expenses | $367,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $455,204 |
| Savings and temporary cash investments | $268,207 |
| 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 | $484,584 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,207,995 |
| Accounts payable and accrued expenses | $2,799 |
| 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 | $0 |
| Total liabilities | $2,799 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $720,611 |
| Paid-in or capital surplus, or land, building, or equipment fund | $484,584 |
| Retained earnings, endowment, accumulated income, or other funds | $1 |
| Total liabilities and net assets/fund balances | $1,207,995 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Next Step For Life Inc has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Hees Family Foundation Knoxville, TN PURPOSE: GENERAL FUND | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ena Incorporated Lexington, KY | $23,141,386 | $43,153,928 |
Youth In Need St Charles, MO | $12,066,315 | $28,088,817 |
Specialized Alternatives For Families And Youth Of Kentucky Inc Lexington, KY | $1,516,940 | $14,842,351 |
Foster Adopt Connect Inc Independence, MO | $12,161,256 | $8,168,684 |
Faithbridge Foster Care Inc Alpharetta, GA | $1,803,240 | $7,652,118 |
Foster Care Coalition Of Greater St Louis Inc St Louis, MO | $5,655,247 | $6,817,874 |
People Places Inc Staunton, VA | $8,658,654 | $6,115,001 |
Georgia Sheriffs Youth Homes Inc Madison, GA | $21,858,053 | $5,380,264 |
Youth Town Of Tennessee Inc Jackson, TN | $4,037,865 | $4,281,456 |
Community Connections Inc Stone Mountain, GA | $2,076,544 | $3,338,180 |
Foundations For Home And Community Inc Portsmouth, VA | $16,558,173 | $4,051,248 |
Childkind Inc Tucker, GA | $548,950 | $3,322,766 |