NEXT STEP RECOVERY MINISTRIES (EIN 463512748) - Form 990 Financial Analysis & Trantor Score

🔒

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

Legal Domicile

Principal Officer

Franklin Robinson

Phone

4784427002

Tax Period

2025-01-01 to 2025-12-31

NEXT STEP RECOVERY MINISTRIES, founded in 2013, is a small nonprofit in the Human Services sector that reported $599K in total revenue in fiscal year 2025.

Mission

Next Step is a 12 month residential program for men recovering from addiction and other life-crippling decisions. We provide mentorship counseling volunteerism and job opportunities.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $599,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $599,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $221,961

Fundraising Expenses $0

Program Expenses $599,000

Other Expenses $377,039

TOTAL EXPENSES $599,000

Year-over-Year Comparison

	2025	2024	Change
Revenue	$599,000	$576,300	+0.0%
Expenses	$599,000	$516,295	+0.2%
Net Income	$0	$60,005	-1.0%

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

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

$25,000

Key Employees

$132,200

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Carmichael	Director of Operations	60.00	Key Emp	$55,000	$0	$55,000
Franklin Robinson	Executive Director	60.00	Director	$25,000	$0	$25,000
Debbie Bartow	Executive Asst	40.00	Key Emp	$40,000	$0	$40,000
Robert Foster	Instructor	40.00	Key Emp	$30,000	$0	$30,000
Kevin Mason	Part time Instructor	10.00	Key Emp	$7,200	$0	$7,200

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	$599,000	$599,000	$937,000	No data
2024	No data	No data	No data	No data
2023	$533,725	$503,625	$950,400	$30,100
2022	$477,949	$448,626	$920,300	$29,323
2021	$391,345	$326,379	$615,816	$64,966
2020	$470,949	$398,785	$550,850	$72,164

NEXT STEP RECOVERY MINISTRIES