Overview
What is Next Step Day Room Inc?
Next Step Day Room Inc, also known as Next Step Day Room, is a nonprofit organization situated in Fort Smith and its surrounding areas. Its primary mission is to offer alternatives to homelessness, providing essential support to individuals in need. The organization aims to enhance the lives of these individuals, offering various resources and assistance to help them overcome their circumstances. The details provided in the information do not disclose the specific activities or programs offered by the organization, but it is clear that Next Step Day Room Inc is committed to making a positive impact in its community by addressing the issue of homelessness.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning a Two-Star out of Four Star rating. The rating reflects a moderate level of accountability and financial health, but highlights areas for improvement. The organization has a strong governance structure, with 100% of board members being independent, which is a positive indicator of its commitment to ethical oversight.
In terms of financial management, Next Step Day Room demonstrates solid practices with no reported material diversion of assets and a low liabilities to assets ratio of 2.67%. Additionally, the organization has implemented key policies related to conflict of interest and document retention, which further enhances its accountability framework. However, the program expense ratio of 56.87% indicates that a significant portion of its expenses is allocated to administration rather than direct program services.
While the organization shows strength in governance and financial oversight, the lower program expense ratio may raise concerns regarding the effectiveness of resource allocation towards its mission. Continued focus on increasing program funding could strengthen its overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Next Step Day Room Inc legitimate?
Next Step Day Room Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Next Step Day Room 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,496
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What is the mission statement of Next Step Day Room Inc?
The mission of Next Step Day Room Inc, doing business as Next Step Day Room, is centered around offering alternatives to homelessness for individuals residing in the Fort Smith area and its surroundings. The organization's primary goal is to provide a supportive environment that helps prevent individuals from becoming or remaining homeless. The organization's activities and operations are geared towards providing essential resources and assistance to those in need, enabling them to regain independence and stability in their lives. By offering alternatives to homelessness, Next Step Day Room aims to contribute to the betterment of the community and promote a more inclusive and supportive society.
Who is the CEO of Next Step Day Room Inc?
Jo Carson is the Treasurer of Next Step Day Room Inc.
What is the revenue of Next Step Day Room Inc?
Next Step Day Room Inc's revenue in 2023 was $1,067,439.
Who are the executives of Next Step Day Room Inc and what are their salaries?
The average compensation at Next Step Day Room Inc during 2023 was $14,750. There are 22 employees at Next Step Day Room Inc.
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Where can I find the form 990 for Next Step Day Room Inc?
Next Step Day Room Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Next Step Day Room Inc
Next Step Day Room Inc, doing business as Next Step Day Room, is committed to offering solutions to homelessness for individuals residing in and around Fort Smith. The organization's primary mission is to provide alternatives to homelessness, serving as a beacon of hope for those in need. By offering these alternatives, Next Step Day Room aims to make a significant impact in the lives of those struggling with homelessness, ultimately contributing to a more stable and supportive community.
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Impact
July, 2024
Next Step Day Room Inc D/B/A Next Step Day Room's impact revolves around providing crucial alternatives to homelessness for individuals in the Fort Smith and surrounding areas. Through its dedicated efforts, the organization works towards ensuring that individuals have access to essential services and resources that can help them navigate challenges related to housing insecurity. By offering support and assistance, Next Step Day Room plays a vital role in addressing homelessness in the community and working towards creating a more stable and secure environment for those in need.
This information is meant to be a general summary of Next Step Day Room 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 2023.
- Investment Income: $4,785
- Gross Receipts: $1,067,439
Assets and Liabilities:
- Total Assets: $1,918,984
- Total Liabilities: $51,331
- Net Assets: $1,867,653
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Organization Details
Founding Year
1993
Phone
(479) 782-5433Principal Officer
Jo Carson
Main Address
PO BOX 3814, FORT SMITH, AR, 729133814
NTEE Category
Code: X20Z - Religion related
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