Next Step Recovery Inc (EIN 204570082) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Susan Stader

Tax Period

2024-01-01 to 2024-12-31

Next Step Recovery Inc, founded in 2006, is a small nonprofit in the Crime & Legal sector that reported $658K in total revenue in fiscal year 2024.

Mission

To provide transitional living facility for men recovering from substance and alcohol abuse

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $135,026

Program Service Revenue $522,654

Investment Income $0

Other Revenue $0

TOTAL REVENUE $657,680

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $625,466

Other Expenses $697,675

TOTAL EXPENSES $697,675

Year-over-Year Comparison

	2024	2023	Change
Revenue	$657,680	$680,078	0.0%
Expenses	$697,675	$746,459	-0.1%
Net Income	$-39,995	$-66,381	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Susan Stader	Director	50.00	Officer Director	$0	$0	$0
Adam Thomas	Secretary	1.00	Director	$0	$0	$0
Danner Marsdon	Chairman	1.00	Director	$0	$0	$0
Brian Ulmer	Vice President	0.00	Director	$0	$0	$0
Mike Harris	Secretary	0.00	Director	$0	$0	$0
Lucas Taylor	President	0.00	Director	$0	$0	$0
Clark Wright	Case Manager	40.00		$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$657,680	$697,675	$-62,246	$-39,995
2023	$680,078	$746,459	$22,470	$-66,381
2022	$659,619	$722,437	$90,738	$-62,818
2021	$555,541	$715,941	$89,835	$-160,400
2020	$743,964	$728,533	$123,429	$15,431
2019	$660,899	$758,433	$49,958	$-97,534
2018	$718,747	$690,236	$65,768	$28,511

Next Step Recovery Inc