First Step II Inc

EIN: 621520411 501(c)(3)

Knoxville, TN

Total Revenue
$385,019
Total Expenses
$544,876
Total Assets
$764,571
Net Assets
$764,260
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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
1996
Legal Domicile
TN
Phone
8656899818
Tax Period
2025-01-01 to 2025-12-31

First Step II Inc, founded in 1996, is a small nonprofit that reported $385K in total revenue in fiscal year 2025. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $545K exceeded revenue, resulting in a 42% operating deficit.

Mission

Child Care

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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 (2025)

Revenue Breakdown

Contributions & Grants $10,000
Program Service Revenue $375,019
Investment Income $0
Other Revenue $0
TOTAL REVENUE $385,019

Expense Breakdown

Grants Paid $0
Salaries & Benefits $274,292
Fundraising Expenses $0
Program Expenses $497,919
Other Expenses $270,584
TOTAL EXPENSES $544,876

Year-over-Year Comparison

2025 2024 Change
Revenue $385,019 $571,505 -0.3%
Expenses $544,876 $594,092 -0.1%
Net Income $-159,857 $-22,587 +6.1%
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
3
Independent Members
3
Employees
12
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
1
$95,832
Total Directors
1
$95,832
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephanie Bayne President 40.00
Officer Director
$95,832 $0 $95,832
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 $385,019 $544,876 $764,571 $-159,857
2024 $571,505 $594,092 $924,428 $-22,587
2023 $1,180,881 $879,521 $948,050 $301,360
2022 $1,152,165 $785,416 $649,156 $366,749
2021 $676,586 $620,226 $279,465 $56,360
2020 $715,458 $625,162 $290,438 $90,296
2019 $627,297 $570,523 $158,348 $56,774
2018 $575,157 $548,588 $101,662 $26,569
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