Overview
What is Next Step Foundation Inc?
Next Step Foundation Inc is a nonprofit organization based in Terre Haute, Indiana, specifically at 619 Washington Street. Their primary focus is providing a rehabilitation home for men and women recovering from addiction. The foundation offers a structured environment to aid in their recovery, aiming to help them regain their lives. With a staff of 29 dedicated individuals, the organization offers a supportive network for those seeking help with addiction, striving to make a positive impact in the lives of those they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68% (Two-Star out of Four Stars)
Next Step Foundation Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some accountability and financial management, there are areas that require improvement. The charity's strong points include a fully independent board and comprehensive policies for conflict of interest, whistleblower protection, and document management, which all scored favorably.
Despite these strengths, the foundation's financial metrics reveal concerns, particularly regarding its liabilities to assets ratio, which significantly impacted its overall score. However, the organization excels in allocating 100% of its expenses directly to program activities, suggesting a commitment to its mission.
Ultimately, while the Next Step Foundation Inc shows a solid governance framework, potential donors and supporters may want to consider the financial sustainability of the organization before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Next Step Foundation Inc legitimate?
Next Step Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Next Step Foundation 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: $61,148
Professional Fundraising Fees: $0
Other Salaries and Wages: $961,041
For more financial information, click here
What is the mission statement of Next Step Foundation Inc?
The Next Step Foundation Inc's mission revolves around rehabilitation, specifically for individuals recovering from addiction. This non-profit organization provides a rehabilitation home that serves both women and men, offering a structured living environment for their recovery journey. The essence of their mission is to provide a supportive and nurturing space for individuals battling addiction, aiding them on their path towards recovery.
Who is the CEO of Next Step Foundation Inc?
Linc Hobbs is the Treasurer of Next Step Foundation Inc.
What is the revenue of Next Step Foundation Inc?
Next Step Foundation Inc's revenue in 2022 was $1,804,054.
Who are the executives of Next Step Foundation Inc and what are their salaries?
The average compensation at Next Step Foundation Inc during 2022 was $35,248. There are 29 employees at Next Step Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $61,148
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Next Step Foundation Inc?
Next Step Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Next Step Foundation Inc
The Next Step Foundation Inc is dedicated to providing a rehabilitation home for women and men who are recovering from addiction. This nonprofit organization offers a structured home environment that aims to support individuals in their journey towards recovery. By offering a supportive living space, the Next Step Foundation Inc seeks to empower its residents and help them regain control of their lives, free from the grip of addiction.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Next Step Foundation Inc's impact is significant in providing a home environment where women and men recovering from addiction can find the necessary structure and support to rebuild their lives. By offering a rehabilitation home in Terre Haute, Indiana, they are actively contributing to the recovery and well-being of individuals struggling with addiction. Their focus on mental health, as indicated by their mission tag, underscores their commitment to addressing the complex challenges faced by those on the path to recovery.
This information is meant to be a general summary of Next Step Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9
- Program Service Revenue: $833,327
- Gross Receipts: $1,818,247
Assets and Liabilities:
- Total Assets: $1,876,344
- Total Liabilities: $1,156,457
- Net Assets: $719,887
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLINICAL SERVICES
Revenue
$833,327
Organization Details
Principal Officer
Linc Hobbs
Main Address
619 WASHINGTON STREET, TERRE HAUTE, IN, 47802
NTEE Category
Code: F20 - Mental health
If you are a representative of Next Step Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.