NEXT STEP MINISTRIES (EIN 562074800) - Form 990 Financial Analysis & Trantor Score

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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

1998

Legal Domicile

Principal Officer

DAVID ARNOLD

Phone

3364137054

Tax Period

2024-01-01 to 2024-12-31

NEXT STEP MINISTRIES, founded in 1998, is a small nonprofit in the Human Services sector that reported $530K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring.

Mission

NEXT STEP MINISTRIES PROVIDES REFUGE, ADVOCACY AND EDUCATION TO SURVIVORS OF DOMESTIC VIOLENCE, SEXUAL ASSAULT AND THE BROADER COMMUNITY. THESE SERVICES ARE PROVIDED WITH UNBIASED CARE IN A SAFE AND PROTECTIVE ENVIRONMENT. THE GOAL OF NEXT STEP IS TO RAISE AWARENESS OF THE ISSUES SURROUNDING DOMESTIC VIOLENCE AND SEXUAL ASSAULT AND TRANSFORM THE LIVES OF VICTIMS AND SURVIVORS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $448,827

Program Service Revenue $0

Investment Income $5,356

Other Revenue $75,780

TOTAL REVENUE $529,963

Expense Breakdown

Grants Paid $0

Salaries & Benefits $413,104

Fundraising Expenses $15,522

Program Expenses $413,106

Other Expenses $123,833

TOTAL EXPENSES $536,937

Year-over-Year Comparison

	2024	2023	Change
Revenue	$529,963	$748,063	-0.3%
Expenses	$536,937	$475,360	+0.1%
Net Income	$-6,974	$272,703	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

225

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

$70,044

Total Directors

$70,044

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK WILBURN	DIRECTOR	4.00	Officer Director	$0	$0	$0
SUSAN SWAB	TREASURER	4.00	Officer Director	$0	$0	$0
GINA MOUNCE	SECRETARY	4.00	Officer Director	$0	$0	$0
DAVID ARNOLD	BOARD CHAIR	4.00	Officer Director	$0	$0	$0
HANNAH LEONARD	DIRECTOR	2.00	Director	$0	$0	$0
EDDIE SCHMIDT	DIRECTOR	2.00	Director	$0	$0	$0
JESSICA MILROY	DIRECTOR	2.00	Director	$0	$0	$0
ALEXANDRIA HICKS	EXECUTIVE DIRECTOR	40.00	Officer Director	$70,044	$0	$70,044
DAVID COLLINS	DIRECTOR	2.00	Director	$0	$0	$0
VICTORIA SMATHERS	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER GREENLY	DIRECTOR	2.00	Director	$0	$0	$0
GREYSON VAN OSDAL	DIRECTOR	2.00	Director	$0	$0	$0
MIRANDA KERNS	DIRECTOR	2.00	Director	$0	$0	$0
EDWIN WALKER	DIRECTOR	2.00	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	$529,963	$536,937	$1,317,254	$-6,974
2023	$748,063	$475,360	$1,371,697	$272,703
2022	$419,556	$405,707	$1,145,585	$13,849
2021	$448,318	$411,915	$882,755	$36,403
2020	$375,621	$413,138	$846,855	$-37,517
2019	$373,818	$378,001	$691,734	$-4,183
2018	$447,638	$368,623	$693,294	$79,015

NEXT STEP MINISTRIES