First Step Staffing, Inc.
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$2,188,608.00
Projected Expenses
$2,078,620.00
Organizational Budgets and Other Documents
| 2024 Nashville Budget | 2024 |
| Nashville Budget | 2023 |
| 22Budget | 2022 |
| Projected Budget | 2021 |
IRS Letter of Exemption
| IRS Letter of Determination | 2006 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $61,601,643.00 | $68,640,248.00 | |
| Total Expenses | $59,275,663.00 | $66,778,964.00 | |
| Revenue Less Expenses | ($-0.00) | $2,325,980.00 | $1,861,284.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $2,428,688.00 | $2,556,772.00 | |
| Contributions, Gifts, and Grants | $3,873,406.00 | $2,492,781.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $55,209,365.00 | $63,515,071.00 | |
| Investment Income, Net of Losses | $0.00 | $0.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $90,184.00 | $65,624.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $57,506,118.00 | $65,547,736.00 | |
| Administration Expense | $1,285,167.00 | $860,885.00 | |
| Fundraising Expense | $484,378.00 | $370,343.00 | |
| Total Revenue/Total Expenses | 104% | 103% | |
| Program Expense/Total Expenses | 97% | 98% | |
| Fundraising Expense/Contributed Revenue | 1% | 1% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Program Revenue $55,209,365.00 | Program Revenue $63,515,071.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $3,873,406.00 | Government Grants $2,556,772.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Government Grants $2,428,688.00 | Contributions, Gifts, Grants $2,492,781.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $25,483,348.00 | $23,617,123.00 | |
| Current Assets | $11,604,686.00 | $9,232,585.00 | |
| Long-Term Liabilities | $14,286,703.00 | $15,830,387.00 | |
| Current Liabilities | $2,716,507.00 | $1,610,811.00 | |
| Total Net Assets | $8,480,138.00 | $6,175,925.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Form 990s
| 990 2022 | 2022 |
| 2021 990 | 2021 |
| 2020 990 | 2020 |
| Form 990 | 2019 |
| Form 990 | 2018 |
| Form 990 | 2017 |
Audit Documents
| 2022 Audit | 2022 |
| 2021 Audited Financials | 2021 |
| 2020 Audit | 2020 |
| Audited Financials | 2019 |
| Audited Financials | 2018 |
| Audited Financials | 2017 |
Foundation Staff Comments
| This form 990 comes from the National Organization based in Atlanta, GA. The budget provided is for Nashville area only. Financial Figures taken from Form 990 only. Form 990 was prepared by Mauldin & Jenkins, LLC. Comments provided by Hayley Sulfridge 1/11/24. |
