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The Next Step Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043579298 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Next Step Fund Inc?

The Next Step Fund Inc., located at 99 Bishop Allen Drive, Cambridge, MA 02139, is a nonprofit organization dedicated to supporting and educating teenagers and young adults who have survived cancer or blood diseases. With a mission to develop programs specifically for this demographic in New England, they aim to provide essential resources and knowledge to help them navigate their lives after facing such challenging health conditions. Their workforce consists of 12 dedicated individuals, working tirelessly to make a difference in the lives of these survivors.


Official website here: www.nextstepnet.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

The Next Step Fund Inc has received an 84% rating from Charity Navigator, indicating strong performance in the area of Accountability & Finance. The organization excels in having an independent board and effectively managing its financial resources, with a program expense ratio of over 70%. However, the charity has been noted for lacking some governance policies, such as conflict of interest and whistleblower policies, which may be areas for improvement.

User feedback highlights the transformative impact of Next Step's programs on young adults facing chronic illnesses. Participants consistently express feelings of support and community, with many praising the opportunity to connect with peers who share similar challenges. The programs not only provide social engagement but also emphasize life skills and personal growth, enabling participants to navigate their unique circumstances with greater confidence.

Despite its strengths, suggestions for improvement include enhancing governance practices to align with best standards in nonprofit management. Overall, the feedback from clients and volunteers indicates that Next Step is a vital resource for young adults dealing with serious health issues, offering a much-needed sense of community and empowerment.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is The Next Step Fund Inc legitimate?

The Next Step Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Next Step Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $100,959
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nextstepnet.org

What is the mission statement of The Next Step Fund Inc?

The mission of The Next Step Fund Inc. revolves around providing support and educational programs for teenagers and young adults who have survived chronic illnesses or have a history of childhood cancer. The organization's primary focus is on developing initiatives specifically tailored for these survivors in the New England region. Their mission is to create programs that aim to empower and assist these young individuals as they navigate their lives post-illness. The programs provided by The Next Step Fund Inc. offer resources and support to help these survivors overcome the challenges they face, ultimately enabling them to live their best lives.


Official website here: www.nextstepnet.org

Who is the CEO of The Next Step Fund Inc?

William Kubicek is the Board Member of The Next Step Fund Inc.


Official website here: www.nextstepnet.org

What is the revenue of The Next Step Fund Inc?

The Next Step Fund Inc's revenue in 2023 was $1,318,489.


Official website here: www.nextstepnet.org

Who are the executives of The Next Step Fund Inc and what are their salaries?

The average compensation at The Next Step Fund Inc during 2023 was $8,413. There are 12 employees at The Next Step Fund Inc.


Here are 12 key members and their salaries:


Kingdar Prussien (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Crowley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Guillette (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Pasciucco (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Matthew Heeney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reyn Parsons (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mark Salvatore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Stepanian (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Kubicek (Executive Director/Preside)
  • Compensation: $100,959
  • Related: $0
  • Other: $0
Rena Greifinger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Palmer Castor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Furer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nextstepnet.org

Where can I find the form 990 for The Next Step Fund Inc?

The Next Step Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nextstepnet.org

Learn more at the official website: www.nextstepnet.org

Mission Statement of The Next Step Fund Inc

The Next Step Fund Inc, a nonprofit organization, is dedicated to providing support and educational programs for teenagers and young adults who have survived chronic illnesses, particularly those with a history of childhood cancer or blood diseases. Their mission is to develop and implement programs tailored to the needs of these survivors, based in New England. Their primary goal is to enhance the lives of these individuals, offering them resources and opportunities to thrive beyond their health challenges. The Next Step Fund Inc's initiatives aim to provide these young adults with the tools and confidence they need to navigate their journey towards adulthood, fostering their overall well-being and personal growth.

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Impact




July, 2024

The Next Step Fund Inc has a significant impact on the lives of teenagers and young adults with chronic illnesses or a history of childhood cancer. By providing support and education programs tailored to their unique needs, this organization empowers these individuals to navigate their challenges, improve their quality of life, and build a sense of community and connection. Through its initiatives in developing programs for cancer and blood disease survivors, The Next Step Fund Inc plays a vital role in fostering resilience, hope, and opportunities for growth among this vulnerable population.




This information is meant to be a general summary of The Next Step Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,318,489 (2023)
Expenses
$908,203 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $19,098
  • Program Service Revenue: $87,663
  • Gross Receipts: $1,471,736

Assets and Liabilities:

  • Total Assets: $1,602,489
  • Total Liabilities: $213,760
  • Net Assets: $1,388,729

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Organization Details

Founding Year

2001

Principal Officer

William Kubicek

Main Address

99 BISHOP ALLEN DRIVE, CAMBRIDGE, MA, 02139

NTEE Category

Code: P80 - Human services

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