Quick charity verification for Take The Next Step (EIN: 203291700)
Verdict: Take The Next Step appears trustworthy
92/100Mission Score
$1.2MRevenue
$581KAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is being reported in other categories or through related entities not immediately apparent.
Strengths
Consistent revenue growth over a decade, from $150,588 in 2014 to $1,072,153 in 2023.
Zero reported officer compensation across all 13 filings, suggesting high dedication of funds to programs.
Healthy asset growth and low liabilities, indicating strong financial management and stability.
Consistent surplus of revenue over expenses in most recent years, allowing for reinvestment.
Long and consistent IRS 990 filing history, demonstrating transparency and compliance.
Spending Breakdown
How Take The Next Step allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Take The Next Step
Is Take The Next Step a legitimate charity?
Based on AI analysis of IRS 990 filings, Take The Next Step (EIN: 203291700) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Take The Next Step a good charity to donate to?
Take The Next Step has a Mission Score of 92/100. Revenue: $1.2M. Assets: $581K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Take The Next Step?
The Employer Identification Number (EIN) for Take The Next Step is 203291700. 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 Take The Next Step spend its money?
Take The Next Step allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Take The Next Step's tax-exempt status?
You can verify Take The Next Step's tax-exempt status using EIN 203291700 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
Take The Next Step demonstrates consistent growth in revenue and assets over the past decade, indicating a stable and expanding financial base. In the latest reported period (202312), the organization generated $1,072,153 in revenue against $981,115 in expenses, resulting in a surplus that contributes to asset growth. The organization's assets have grown significantly from $81,146 in 2014 to $468,173 in 2023, suggesting effective financial management and accumulation of resources.
The organization appears to be efficient in its spending, with expenses consistently lower than revenue in most recent years, allowing for reinvestment and growth. A key indicator of strong financial health is the low liability-to-asset ratio, which was approximately 6.8% ($32,197 in liabilities against $468,173 in assets) in 2023, suggesting minimal financial risk. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards programmatic activities rather than executive salaries, enhancing donor confidence.
While specific program spending percentages are not provided in the raw data, the absence of officer compensation and the consistent financial surpluses suggest a strong focus on mission. The organization's consistent filing history over 13 periods also points to good governance and transparency in reporting its financial activities to the IRS.