Quick charity verification for First Step Back Home Inc (EIN: 208676289)
Verdict: First Step Back Home Inc appears trustworthy
90/100Mission Score
$234KRevenue
$259KAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data, making precise efficiency calculations difficult.
Strengths
Consistent 0% officer compensation across all filings, indicating high dedication and potential volunteer leadership.
Strong financial stability with low liabilities ($1,410 in 202312) and growing assets ($272,286 in 202312).
Stable revenue generation over a decade, demonstrating consistent donor support or funding sources.
Regular IRS 990 filings, indicating good compliance and transparency.
Spending Breakdown
How First Step Back Home Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about First Step Back Home Inc
Is First Step Back Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, First Step Back Home Inc (EIN: 208676289) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is First Step Back Home Inc a good charity to donate to?
First Step Back Home Inc has a Mission Score of 90/100. Revenue: $234K. Assets: $259K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for First Step Back Home Inc?
The Employer Identification Number (EIN) for First Step Back Home Inc is 208676289. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does First Step Back Home Inc spend its money?
First Step Back Home Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify First Step Back Home Inc's tax-exempt status?
You can verify First Step Back Home Inc's tax-exempt status using EIN 208676289 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
First Step Back Home Inc demonstrates consistent financial operations, with revenues and expenses generally balanced over the past decade. In the latest period (202312), the organization reported revenues of $232,222 against expenses of $223,300, indicating a slight surplus. The organization's assets have shown steady growth, reaching $272,286 in 202312, while liabilities remain very low at $1,410, suggesting strong financial stability and minimal debt. This consistent financial management, coupled with no reported officer compensation, points to a well-managed and transparent operation.
The organization's spending efficiency appears strong, particularly given the absence of executive compensation, which often consumes a significant portion of a nonprofit's budget. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests that the majority of funds are likely directed towards its mission. The consistent revenue generation around the $200,000-$270,000 range over many years indicates a stable funding base.
First Step Back Home Inc exhibits a high degree of transparency regarding executive compensation, reporting 0% for all periods. This practice, combined with a history of regular IRS 990 filings, contributes positively to its overall transparency profile. The organization's ability to maintain low liabilities while growing assets further underscores its prudent financial stewardship.