Next Step Initiative Tennessee

EIN: 320651324 501(c)(3) Housing & Shelter

Knoxville, TN

Total Revenue
$397,545
Total Expenses
$420,525
Total Assets
$67,291
Net Assets
$-22,980
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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
2018
Legal Domicile
TN
Principal Officer
Executive Director
Tax Period
2024-07-01 to 2025-06-30

Next Step Initiative Tennessee, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $398K in total revenue in fiscal year 2024.

Mission

To meet people exactly where they arewithout judgmentand walk with them as they take their next steps in their journey whether recovery or simply Harm Reduction. We build authentic relationships rooted in trust, dignity, and unconditional support.

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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 (2024)

Revenue Breakdown

Contributions & Grants $397,545
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $397,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $317,685
Fundraising Expenses $0
Program Expenses $420,525
Other Expenses $102,840
TOTAL EXPENSES $420,525

Year-over-Year Comparison

2024 2023 Change
Revenue $397,545 N/A N/A
Expenses $420,525 N/A N/A
Net Income $-22,980 N/A N/A
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
4
Independent Members
N/A
Employees
N/A
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
$53,737
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Addie Arbach Executive Dir. 40.00
Officer
$53,737 $0 $53,737
Tia Guy President 0.00
Officer
$0 $0 $0
Candise Bryant Secretary 0.00
Officer
$0 $0 $0
Shane Miller Trustee 0.00
Officer
$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
2025 $397,545 $420,525 $67,291 $-22,980
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