Our First Step Daycare Inc

EIN: 853125387 501(c)(3)

Deer Park, NY

Total Revenue
$474,969
Total Expenses
$472,381
Total Assets
$37,299
Net Assets
$34,340
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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
2020
Legal Domicile
NY
Principal Officer
Devin Benkov
Phone
6316565936
Tax Period
2023-01-01 to 2023-12-31

Our First Step Daycare Inc, founded in 2020, is a small nonprofit that reported $475K in total revenue in fiscal year 2023.

Mission

To operate and maintain a daycare center to provide daycare services for and assist in the maintenance, support, sheltering, feeding, care, and development of dependent children when the parents or guardians of those children are at work.

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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 (2023)

Revenue Breakdown

Contributions & Grants $53,990
Program Service Revenue $420,979
Investment Income $0
Other Revenue $0
TOTAL REVENUE $474,969

Expense Breakdown

Grants Paid $0
Salaries & Benefits $403,848
Fundraising Expenses $0
Program Expenses $369,706
Other Expenses $68,533
TOTAL EXPENSES $472,381

Year-over-Year Comparison

2023 2022 Change
Revenue $474,969 $484,135 0.0%
Expenses $472,381 $516,466 -0.1%
Net Income $2,588 $-32,331 -1.1%
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
N/A
Employees
20
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
3
$60,154
Total Directors
3
$60,154
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Devin Benkov Director 45.00
Officer Director
$60,154 $0 $60,154
Kristine Berenson Secretary 1.00
Officer Director
$0 $0 $0
Patty Passos Treasurer 1.00
Officer 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $474,969 $472,381 $37,299 $2,588
2022 $484,135 $516,466 $38,584 $-32,331
2021 $401,451 $350,464 $64,161 $50,987
2020 $61,418 $48,922 $15,323 $12,496
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