Next Step Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 8,000 | 60 | 7,940 | 1588.0 | — |
| 2020 | 750 | 552 | 198 | 176.9 | — |
| 2021 | 700 | 360 | 340 | 282.6 | — |
| 2022 | 500 | 445 | 55 | 230.1 | — |
In its most recent public year (2022), this organization brought in $55 more than it spent. Its reserves stood at about 230.1 months of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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