First Step Back Home Inc
First Step Back Home Inc maintains stable finances with no executive compensation and growing assets.
EIN: 208676289 · Lake St Louis, MO · NTEE: P60 · Updated: 2026-03-28
Is First Step Back Home Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
First Step Back Home Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About First Step Back Home Inc
First Step Back Home Inc (EIN: 208676289) is a nonprofit organization based in Lake St Louis, MO, classified under NTEE code P60. The organization reported total revenue of $234K and total assets of $259K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Step Back Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates First Step Back Home Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, First Step Back Home Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization of its size with annual expenses exceeding $200,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of First Step Back Home Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data, making precise efficiency calculations difficult.
Strengths
The following positive indicators were identified for First Step Back Home Inc:
- 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.
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) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does First Step Back Home Inc spend its money?
First Step Back Home Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to First Step Back Home Inc tax-deductible?
First Step Back Home Inc is registered as a tax-exempt nonprofit (EIN: 208676289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is First Step Back Home Inc a good charity?
Based on the provided financial data, First Step Back Home Inc appears to be a well-managed and financially stable charity. Its consistent revenue, low liabilities, growing assets, and especially the 0% officer compensation suggest a strong commitment to its mission and efficient use of funds.
How does First Step Back Home Inc manage its finances?
The organization manages its finances prudently, consistently operating with a balanced budget or slight surplus. For example, in 202312, revenue was $232,222 and expenses were $223,300. It maintains very low liabilities (e.g., $1,410 in 202312) and has steadily grown its assets from $124,011 in 201412 to $272,286 in 202312.
What is the trend in First Step Back Home Inc's revenue and expenses?
First Step Back Home Inc has maintained a relatively stable revenue stream, generally fluctuating between $180,000 and $280,000 annually over the past decade. Expenses have largely tracked revenue, indicating consistent operational activity. For instance, in 202312, revenue was $232,222 and expenses were $223,300.
Filing History
IRS 990 filing history for First Step Back Home Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), First Step Back Home Inc's revenue has grown by 64.2%, moving from $141K to $232K. Total assets increased by 180.2% over the same period, from $97K to $272K. Total functional expenses rose by 57%, from $142K to $223K. In its most recent filing year (2023), First Step Back Home Inc reported a surplus of $9K, with revenue exceeding expenses. The organization holds $1K in liabilities against $272K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $271K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $232K | $223K | $272K | $1K | — | — |
| 2022 | $230K | $231K | $265K | $3K | — | View 990 |
| 2021 | $278K | $256K | $267K | $4K | — | View 990 |
| 2020 | $261K | $224K | $252K | $11K | — | — |
| 2019 | $223K | $198K | $208K | $4K | — | View 990 |
| 2018 | $238K | $221K | $182K | $3K | — | View 990 |
| 2017 | $206K | $198K | $165K | $3K | — | View 990 |
| 2016 | $217K | $197K | $157K | $3K | — | View 990 |
| 2015 | $186K | $170K | $136K | $2K | — | View 990 |
| 2014 | $180K | $170K | $124K | $5K | — | View 990 |
| 2013 | $167K | $159K | $133K | $23K | — | View 990 |
| 2012 | $146K | $136K | $105K | $4K | — | View 990 |
| 2011 | $141K | $142K | $97K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $232K, expenses of $223K, and assets of $272K (revenue +0.9% year-over-year).
- 2022: Revenue of $230K, expenses of $231K, and assets of $265K (revenue -17.3% year-over-year).
- 2021: Revenue of $278K, expenses of $256K, and assets of $267K (revenue +6.6% year-over-year).
- 2020: Revenue of $261K, expenses of $224K, and assets of $252K (revenue +17.3% year-over-year).
- 2019: Revenue of $223K, expenses of $198K, and assets of $208K (revenue -6.5% year-over-year).
- 2018: Revenue of $238K, expenses of $221K, and assets of $182K (revenue +15.6% year-over-year).
- 2017: Revenue of $206K, expenses of $198K, and assets of $165K (revenue -5.1% year-over-year).
- 2016: Revenue of $217K, expenses of $197K, and assets of $157K (revenue +17.0% year-over-year).
- 2015: Revenue of $186K, expenses of $170K, and assets of $136K (revenue +3.1% year-over-year).
- 2014: Revenue of $180K, expenses of $170K, and assets of $124K (revenue +7.7% year-over-year).
- 2013: Revenue of $167K, expenses of $159K, and assets of $133K (revenue +14.7% year-over-year).
- 2012: Revenue of $146K, expenses of $136K, and assets of $105K (revenue +3.1% year-over-year).
- 2011: Revenue of $141K, expenses of $142K, and assets of $97K.
Data Sources and Methodology
This transparency report for First Step Back Home Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.