Next Step For Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 480,997 | 333,923 | 147,074 | 38.6 | 39% |
| 2021 | 499,580 | 367,993 | 131,587 | 39.3 | 48% |
| 2022 | 800,656 | 373,247 | 427,409 | 51.2 | 47% |
| 2023 | 836,377 | 476,803 | 359,574 | 49.2 | 41% |
In its most recent public year (2023), this organization brought in $359,574 more than it spent. Its reserves stood at about 49.2 months of spending, up from 38.6 in 2020. Staff pay was 41% 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 2023. 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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