First Step Florence Solutions For Housing Security
EIN: 825073578 · Florence, OR · NTEE: L40
Is First Step Florence Solutions For Housing Security Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About First Step Florence Solutions For Housing Security
First Step Florence Solutions For Housing Security (EIN: 825073578) is a nonprofit organization based in Florence, OR, classified under NTEE code L40. The organization reported total revenue of $87K and total assets of $313K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Step Florence Solutions For Housing Security's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for First Step Florence Solutions For Housing Security has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates First Step Florence Solutions For Housing Security with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about First Step Florence Solutions For Housing Security
Is First Step Florence Solutions For Housing Security a legitimate charity?
Based on AI analysis of IRS 990 filings, First Step Florence Solutions For Housing Security (EIN: 825073578) insufficient data. 0 red flags identified, 0 strengths noted.
How does First Step Florence Solutions For Housing Security spend its money?
Detailed spending breakdown data is not yet available for First Step Florence Solutions For Housing Security. Check back for updated IRS 990 analysis.
Are donations to First Step Florence Solutions For Housing Security tax-deductible?
First Step Florence Solutions For Housing Security is registered as a tax-exempt nonprofit (EIN: 825073578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for First Step Florence Solutions For Housing Security showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), First Step Florence Solutions For Housing Security's revenue has declined by 82.3%, moving from $215K to $38K. Total assets increased by 48.2% over the same period, from $211K to $313K. Total functional expenses fell by 72.3%, from $224K to $62K. In its most recent filing year (2023), First Step Florence Solutions For Housing Security reported a deficit of $24K, with expenses exceeding revenue. The organization holds $16K in liabilities against $313K in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $62K | $313K | $16K | — | View 990 |
| 2022 | $52K | $63K | $334K | $334K | — | — |
| 2021 | $55K | $59K | $341K | $4K | — | View 990 |
| 2020 | $80K | $21K | $312K | $0 | — | — |
| 2019 | $215K | $224K | $211K | $224K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $62K, and assets of $313K (revenue -27.5% year-over-year).
- 2022: Revenue of $52K, expenses of $63K, and assets of $334K (revenue -5.1% year-over-year).
- 2021: Revenue of $55K, expenses of $59K, and assets of $341K (revenue -31.3% year-over-year).
- 2020: Revenue of $80K, expenses of $21K, and assets of $312K (revenue -62.6% year-over-year).
- 2019: Revenue of $215K, expenses of $224K, and assets of $211K.
Data Sources and Methodology
This transparency report for First Step Florence Solutions For Housing Security 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.