NEXT STEP NETWORK INC

EIN: 611656588 501(c)(3) Housing & Shelter

LOUISVILLE, KY

Total Revenue
$1,147,273
Total Expenses
$1,090,134
Total Assets
$1,865,687
Net Assets
$1,620,083
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
DE
Principal Officer
STACEY EPPERSON
Phone
5026941979
Tax Period
2024-01-01 to 2024-12-31

NEXT STEP NETWORK INC, founded in 2011, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 5% surplus.

Mission

PUTTING SUSTAINABLE HOMEOWNERSHIP WITHIN REACH OF EVERYONE, WHILE TRANSFORMING THE MANUFACTURED HOUSING INDUSTRY THROUGH CONSUMER EDUCATION, AFFORDABILITY AND ENERGY-EFFICIENCY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $532,898
Program Service Revenue $576,359
Investment Income $0
Other Revenue $38,016
TOTAL REVENUE $1,147,273

Expense Breakdown

Grants Paid $0
Salaries & Benefits $839,171
Fundraising Expenses $84,632
Program Expenses $941,732
Other Expenses $250,963
TOTAL EXPENSES $1,090,134

Year-over-Year Comparison

2024 2023 Change
Revenue $1,147,273 $1,058,582 +0.1%
Expenses $1,090,134 $984,712 +0.1%
Net Income $57,139 $73,870 -0.2%
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

Sign In

Governance

Voting Members
13
Independent Members
12
Employees
7
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
6
$318,128
Total Directors
13
$219,013
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STACEY EPPERSON PRESIDENT & 40.00
Officer Director
$188,513 $30,500 $219,013
BILLIE WELLS FINANCE DIRE 40.00
Officer
$96,115 $3,000 $99,115
JAY ARNEJA SECRETARY 2.00
Officer Director
$0 $0 $0
DEBORAH CAMPBELL BOARD MEMBER 2.00
Director
$0 $0 $0
SARAH KACKAR BOARD MEMBER 2.00
Director
$0 $0 $0
ADONIS LOGAN BOARD MEMBER 2.00
Director
$0 $0 $0
CLEMENTE MOJICA CHAIRPERSON 2.00
Officer Director
$0 $0 $0
BARRY NOFFSINGER TREASURER 2.00
Officer Director
$0 $0 $0
DOUG RYAN BOARD MEMBER 2.00
Director
$0 $0 $0
HALE SHAW VICE-CHAIRPE 2.00
Officer Director
$0 $0 $0
LANAELLE SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
LOWELL UNGAR BOARD MEMBER 2.00
Director
$0 $0 $0
LAUREN WILLIAMS BOARD MEMBER 2.00
Director
$0 $0 $0
DR ARICE YOUNG BOARD MEMBER 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 $1,147,273 $1,090,134 $1,865,687 $57,139
2023 $1,058,582 $984,712 $1,862,455 $73,870
2022 $1,239,287 $868,773 $1,952,736 $370,514
2021 $918,326 $1,001,398 $1,772,171 $-83,072
2020 $1,209,201 $1,133,547 $1,665,487 $75,654
2019 $1,960,777 $1,687,940 $1,894,150 $272,837
2018 $1,511,141 $1,264,723 $1,489,469 $246,418
Explore More Nonprofits
→Top 100 Nonprofits in Kentucky →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEXT STEP NETWORK INC with other nonprofits in Kentucky and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.