Overview
What is First Step Ii Inc?
First Step II Inc is a nonprofit organization, primarily focusing on child care. Situated in an unspecified location, they cater to children aged between 6 weeks and 12 years, primarily serving families with limited financial means. Their primary source of income is derived from the state, highlighting their commitment to this essential service. The organization's mission revolves around providing educationally-based child care, ensuring a nurturing and stimulating environment for the young children they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
First Step II Inc has received a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. The overall score is derived exclusively from a single beacon score, indicating a strong focus on financial practices and governance during the most recent fiscal year (FY2022).
The organization showcases impressive accountability measures, with a fully independent board and no reported material diversion of assets. It has strong policies in place, including conflict of interest and whistleblower policies, which contribute to its positive financial health. Furthermore, a high program expense ratio of 94.10% suggests a commitment to effectively utilizing funds towards its mission.
While the organization demonstrates strong governance and financial practices, the reliance on accountability and finance metrics alone may not provide a complete picture of its overall impact and effectiveness in the community. Nonetheless, the data indicates that First Step II Inc is managing its resources responsibly and maintaining transparency in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is First Step Ii Inc legitimate?
First Step Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Step Ii 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: $60,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $390,507
For more financial information, click here
What is the mission statement of First Step Ii Inc?
First Step II, an organization primarily funded by the state, focuses its mission on providing quality educationally-based child care services to families with low income. Their primary objective revolves around ensuring the well-being and development of children aged between 6 weeks and 12 years old. The organization is dedicated to this mission, placing child care at the core of its activities.
Who is the CEO of First Step Ii Inc?
Stephanie Bayne is the President of First Step Ii Inc.
What is the revenue of First Step Ii Inc?
First Step Ii Inc's revenue in 2022 was $1,152,165.
Who are the executives of First Step Ii Inc and what are their salaries?
The average compensation at First Step Ii Inc during 2022 was $20,513. There are 22 employees at First Step Ii Inc.
There is 1 key member and their salary:
- Compensation: $60,774
- Related: $0
- Other: $0
Where can I find the form 990 for First Step Ii Inc?
First Step Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of First Step Ii Inc
First Step II, a nonprofit organization, is committed to providing high-quality, educationally-focused child care services for children ranging from six weeks to twelve years old. The majority of their funding comes from state resources. At the heart of their mission is the belief in the importance of child care, with a particular focus on serving families from low-income backgrounds. Their services aim to foster an environment that stimulates learning and growth in young children, preparing them for their future educational endeavors.
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
July, 2024
First Step II Inc has a significant impact on the community by providing educationally-based child care for children from low-income families in Knoxville, TN. By offering a safe and nurturing environment for children aged 6 weeks to 12 years old, First Step II plays a crucial role in supporting working parents and ensuring that children receive quality care and early education. This support is particularly vital for families facing financial challenges, as it enables parents to pursue employment opportunities while their children are well-cared for. Through their mission-focused child care services, First Step II contributes to the overall well-being of families in need, ultimately helping to create a brighter future for both children and their parents.
This information is meant to be a general summary of First Step Ii 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.
- Program Service Revenue: $935,471
- Gross Receipts: $1,152,165
Assets and Liabilities:
- Total Assets: $649,156
- Total Liabilities: $3,812
- Net Assets: $645,344
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.
PAYMENT FROM AGENCIES
Revenue
$719,960
DAY CARE FEES
Revenue
$215,511
Organization Details
Founding Year
1996
Phone
(865) 689-9818Principal Officer
Stephanie Bayne
Main Address
4605 OLD BROADWAY, KNOXVILLE, TN, 37918
NTEE Category
Code: P33 - Human services
If you are a representative of First Step Ii 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.