FRONT STEP INC

EIN: 233058183 501(c)(3) Human Services

Royersford, PA

Total Revenue
$254,541
Total Expenses
$253,004
Total Assets
$444,517
Net Assets
$441,144
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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
2000
Legal Domicile
PA
Phone
6102095624
Tax Period
2023-04-01 to 2024-03-31

FRONT STEP INC, founded in 2000, is a small nonprofit in the Human Services sector that reported $255K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum.

Mission

Front Step's mission seeks to accomplish a long-term positive impact on those experiencing existing challenges such as poverty societal pressures and educational deficiencies within the Stenton Park community of Philadelphia. Front Step's services target children and youth; however it provides compassionate assistance to those of all ages.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $229,539
Program Service Revenue $23,500
Investment Income $1,502
Other Revenue $0
TOTAL REVENUE $254,541

Expense Breakdown

Grants Paid $0
Salaries & Benefits $75,234
Fundraising Expenses $23,801
Program Expenses $220,824
Other Expenses $177,770
TOTAL EXPENSES $253,004

Year-over-Year Comparison

2023 2022 Change
Revenue $254,541 $187,649 +0.4%
Expenses $253,004 $354,702 -0.3%
Net Income $1,537 $-167,053 -1.0%
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

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Governance

Voting Members
8
Independent Members
8
Employees
4
Volunteers
55

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
3
$5,100
Total Directors
8
$42,000
Key Employees
2
$18,818
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Freddie Perez Building Program Assistant 7.00
Key Emp
$3,818 $0 $3,818
Mark Anderson Board Member 1.00
Director
$0 $0 $0
Collette Butler Board Member 1.00
Director
$0 $0 $0
Sandra CollazoLopez Board Member 1.00
Director
$0 $0 $0
Wesly Felix Board Member 1.00
Director
$0 $0 $0
Tom Laymon Board Member 1.00
Director
$0 $0 $0
Willie McFadden Board Member 1.00
Director
$0 $0 $0
Wilfred Snell Board Member 1.00
Director
$0 $0 $0
Rev Kerry Willis Chairman of the Board 2.00
Officer
$0 $0 $0
Rev R Wesley Tink Executive Director 40.00
Director
$42,000 $0 $42,000
Rev Byron Hannon Board Secretary 1.00
Officer
$0 $0 $0
Richard Hardie Treasurer 2.00
Officer
$5,100 $0 $5,100
Rachelle Small Director Assistance 40.00
Key Emp
$15,000 $0 $15,000
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 $254,541 $253,004 $444,517 $1,537
2023 $187,649 $354,702 $597,265 $-167,053
2022 $144,944 $178,028 $627,429 $-33,084
2021 $130,066 $146,310 $660,513 $-16,244
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