FIRST STEP RECOVERY HOMES INC

EIN: 251718347 501(c)(3) Mental Health

MCKEESPORT, PA

Total Revenue
$819,046
Total Expenses
$641,909
Total Assets
$354,472
Net Assets
$255,283
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
PA
Principal Officer
KEITH GILES
Phone
4126732113
Tax Period
2023-11-01 to 2024-10-31

FIRST STEP RECOVERY HOMES INC, founded in 1994, is a small nonprofit in the Mental Health sector that reported $819K in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $177K, a strong 22% operating margin.

Mission

OUR MISSION IS TO PROVIDE SUPERVISED TEMPORARY, SAFE, DRUG AND ALCOLOL FREE STRUCTURED HOUSING FOR PERSONS RECOVERING FROM THE DISEASE OF ADDICTION AND TRYING TO STAY OUT OF THE CRIMINAL JUSTICE SYSTEM. EMPHASIS IS PLACED IN TEACHING BASIC LIFE SKILL, COUNSELING, MONEY MANAGEMENT TRAINING, PREPARING THEM FOR INDEPENDENT LIVING AND RECONNECTING THEM WITH THEIR FAMILIES AND COMMUNITIES.

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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 $768,614
Program Service Revenue $49,215
Investment Income $0
Other Revenue $1,217
TOTAL REVENUE $819,046

Expense Breakdown

Grants Paid $0
Salaries & Benefits $316,757
Fundraising Expenses $24,223
Program Expenses $513,847
Other Expenses $310,252
TOTAL EXPENSES $641,909

Year-over-Year Comparison

2023 2022 Change
Revenue $819,046 $515,020 +0.6%
Expenses $641,909 $471,296 +0.4%
Net Income $177,137 $43,724 +3.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
12
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES BROWN BOARD DIRECT N/A
Director
$0 $0 $0
FRANK FRANCIS BOARD DIRECT N/A
Director
$0 $0 $0
JAY GEISLER BOARD DIRECT N/A
Director
$0 $0 $0
GRETCHEN LOWERY CHAIR N/A
Officer Director
$0 $0 $0
RICHARD GILES VICE CHAIR N/A
Officer Director
$0 $0 $0
DENNIS ROBINSON SECRETARY N/A
Officer Director
$0 $0 $0
BARBARA WILLIAMS TREASURER N/A
Officer Director
$0 $0 $0
YVETTE GILES BOARD DIRECT N/A
Director
$0 $0 $0
MICHAEL FARRISH BOARD DIRECT N/A
Director
$0 $0 $0
GEORGE JONES BOARD DIRECT N/A
Director
$0 $0 $0
REV PAUL WAITE BOARD DIRECT N/A
Director
$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 $819,046 $641,909 $354,472 $177,137
2023 $515,020 $471,296 $203,699 $43,724
2022 $479,882 $460,341 $204,357 $19,541
2021 $395,306 $448,436 $189,813 $-53,130
2020 $440,074 $435,845 $235,382 $4,229
2019 $441,864 $493,465 $185,909 $-51,601
2018 $482,837 $519,944 $227,756 $-37,107
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