FIRST STEP FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Principal Officer

MICHAEL BARWIS

Phone

9544490850

Tax Period

2023-01-01 to 2023-12-31

FIRST STEP FOUNDATION, founded in 2013, is a small nonprofit in the Health Care sector that reported $138K in total revenue in fiscal year 2023. Revenue surged 123% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 29% operating margin.

Mission

PROVIDE THE FINANCIAL RESOURCES TO PEOPLE WITH GROSS OR FINE MOTOR DISABILITIES TO RECEIVE PERSONAL TRAINING THROUGH THE BARWIS METHODS TO HELP THEM ACHIEVE THEIR MAXIMUM POTENTIAL.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $138,371

Program Service Revenue $0

Investment Income $6

Other Revenue $-305

TOTAL REVENUE $138,072

Expense Breakdown

Grants Paid $73,849

Salaries & Benefits $0

Fundraising Expenses $4,055

Program Expenses $82,780

Other Expenses $24,301

TOTAL EXPENSES $98,150

Year-over-Year Comparison

	2023	2022	Change
Revenue	$138,072	$61,888	+1.2%
Expenses	$98,150	$55,206	+0.8%
Net Income	$39,922	$6,682	+5.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

$84,159

Total Directors

$96,658

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN CASEY	DIRECTOR	5.00	Director	$0	$2,325	$77,499
STEPHANIE HENSLEE	OFFICER	1.50	Officer	$0	$0	$65,000
MICHAEL BARWIS	PRESIDENT	0.10	Officer Director	$0	$7,732	$19,159
BRIAN BRADLEY	DIRECTOR	0.10	Director	$0	$0	$0
JEFFERY COMISKEY	DIRECTOR	0.10	Director	$0	$0	$0
WILLIAM FARAH	DIRECTOR	0.10	Director	$0	$0	$0
ELAINE FRITZ	DIRECTOR	0.10	Director	$0	$0	$0
DONALD JESS	DIRECTOR	0.10	Director	$0	$0	$0
DEBORAH LOUDIN KLEIN	DIRECTOR	0.10	Director	$0	$0	$0
BROCK MEALER	DIRECTOR	0.10	Director	$0	$0	$0
KAMAL MEROUEH	DIRECTOR	0.10	Director	$0	$0	$0
ODEY MEROUEH	DIRECTOR	0.10	Director	$0	$0	$0
DONNELL VANKER	DIRECTOR	0.10	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	No data	No data	No data	No data
2023	$138,072	$98,150	$195,865	$39,922
2022	$61,888	$55,206	$155,014	$6,682
2021	$90,460	$86,999	$142,251	$3,461
2020	$134,629	$96,152	$142,252	$38,477
2019	$108,443	$148,332	$103,773	$-39,889
2018	$192,857	$152,836	$140,543	$40,021