Next Step Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 118,553 | 130,294 | −11,741 | 13.4 | 0% |
| 2021 | 134,377 | 141,007 | −6,630 | 11.9 | 0% |
| 2022 | 102,949 | 149,912 | −46,963 | 7.4 | 0% |
| 2023 | 151,453 | 166,587 | −15,134 | 5.6 | 0% |
In its most recent public year (2023), this organization spent $15,134 more than it brought in. Its reserves stood at about 5.6 months of spending, down from 13.4 in 2020. Staff pay was 0% 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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