First Step Pregnancy Resource Center
First Step Pregnancy Resource Center shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 10428432 · Bangor, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $323K |
| Total Expenses | $220K |
| Program Spending | 80% |
| Net Assets | $381K |
| Transparency Score | 85/100 |
Is First Step Pregnancy Resource Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
First Step Pregnancy Resource Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About First Step Pregnancy Resource Center
First Step Pregnancy Resource Center (EIN: 10428432) is a nonprofit organization based in Bangor, ME. The organization reported total revenue of $323K and total assets of $387K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Step Pregnancy Resource Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
First Step Pregnancy Resource Center is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $305K |
| Total Expenses | $220K |
| Surplus / Deficit | +$85K |
| Total Assets | $381K |
| Total Liabilities | $311 |
| Net Assets | $381K |
| Operating Margin | 27.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 20.8 months |
Financial Health Grade: A
In 2023, First Step Pregnancy Resource Center reported a surplus of $85K with revenue exceeding expenses, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), First Step Pregnancy Resource Center's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.8% | +9.2% | +28.9% |
| 2022 | +2.2% | +25.3% | +18.9% |
| 2021 | +48.0% | +20.4% | +49.4% |
| 2020 | +2.7% | +21.9% | +10.5% |
| 2019 | +67.9% | +4.0% | +76.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates First Step Pregnancy Resource Center with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, First Step Pregnancy Resource Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all provided filing periods, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of this size and revenue, or that the compensation is below the reporting threshold. This suggests a very lean administrative structure regarding top leadership salaries.
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 Pregnancy Resource Center's IRS 990 filings:
- Significant increase in liabilities in 202312 to $311,000 without clear explanation.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data.
- Consistent 0% officer compensation, which is unusual for an organization with over $300,000 in revenue and could indicate unreported compensation or an entirely volunteer-led executive team.
Strengths
The following positive indicators were identified for First Step Pregnancy Resource Center:
- Consistent revenue growth, from $89,866 in 201412 to $305,174 in 202312.
- Healthy asset growth, increasing from $41,613 in 201412 to $381,398 in 202312.
- Positive net income in most recent periods, indicating financial stability and effective expense management relative to revenue.
- Consistent IRS 990 filing history (13 filings), demonstrating commitment to transparency.
Frequently Asked Questions about First Step Pregnancy Resource Center
Is First Step Pregnancy Resource Center a legitimate charity?
First Step Pregnancy Resource Center (EIN: 10428432) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $323K. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does First Step Pregnancy Resource Center spend its money?
First Step Pregnancy Resource Center directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to First Step Pregnancy Resource Center tax-deductible?
First Step Pregnancy Resource Center is registered as a tax-exempt nonprofit (EIN: 10428432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of First Step Pregnancy Resource Center's spending goes to programs?
First Step Pregnancy Resource Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is First Step Pregnancy Resource Center located?
First Step Pregnancy Resource Center is headquartered in Bangor, Maine and files with the IRS under EIN 10428432.
How many years of IRS 990 filings does First Step Pregnancy Resource Center have?
First Step Pregnancy Resource Center has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $323K in total revenue.
How does First Step Pregnancy Resource Center manage to operate without reported officer compensation?
The provided data consistently shows 0% officer compensation. This could mean that executive roles are filled by volunteers, or that compensation falls below IRS reporting thresholds, or is categorized differently. Further investigation into their operational model would be needed to understand this fully.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. While overall expenses are reported, a granular view of how funds are allocated across programs, administration, and fundraising is not available, making a precise efficiency assessment difficult.
What caused the significant increase in liabilities in the 202312 period to $311,000?
The liabilities jumped from $0 in 202212 to $311,000 in 202312. This substantial increase warrants further investigation to understand its nature, such as a new mortgage, loan, or other significant financial obligation.
What is the organization's NTEE code and how does it align with its mission?
The NTEE code for First Step Pregnancy Resource Center is listed as 'Unknown'. Knowing this code would help categorize the organization's primary activities and compare its financial metrics against similar nonprofits.
Filing History
IRS 990 filing history for First Step Pregnancy Resource Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), First Step Pregnancy Resource Center's revenue has grown by 195%, moving from $103K to $305K. Total assets increased by 809.3% over the same period, from $42K to $381K. Total functional expenses rose by 137.5%, from $93K to $220K. In its most recent filing year (2023), First Step Pregnancy Resource Center reported a surplus of $85K, with revenue exceeding expenses. The organization holds $311 in liabilities against $381K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $381K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $305K | $220K | $381K | $311 | — | — |
| 2022 | $249K | $201K | $296K | $0 | — | View 990 |
| 2021 | $243K | $161K | $249K | $8K | — | View 990 |
| 2020 | $164K | $134K | $166K | $4 | — | — |
| 2019 | $160K | $110K | $151K | $15K | — | View 990 |
| 2018 | $95K | $105K | $85K | $0 | — | View 990 |
| 2017 | $109K | $103K | $95K | $0 | — | View 990 |
| 2016 | $123K | $105K | $89K | $0 | — | View 990 |
| 2015 | $118K | $89K | $71K | $0 | — | View 990 |
| 2014 | $90K | $89K | $42K | $0 | — | View 990 |
| 2013 | $104K | $92K | $41K | $0 | — | View 990 |
| 2012 | $92K | $104K | $30K | $0 | — | View 990 |
| 2011 | $103K | $93K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $305K, expenses of $220K, and assets of $381K (revenue +22.8% year-over-year).
- 2022: Revenue of $249K, expenses of $201K, and assets of $296K (revenue +2.2% year-over-year).
- 2021: Revenue of $243K, expenses of $161K, and assets of $249K (revenue +48.0% year-over-year).
- 2020: Revenue of $164K, expenses of $134K, and assets of $166K (revenue +2.7% year-over-year).
- 2019: Revenue of $160K, expenses of $110K, and assets of $151K (revenue +67.9% year-over-year).
- 2018: Revenue of $95K, expenses of $105K, and assets of $85K (revenue -13.0% year-over-year).
- 2017: Revenue of $109K, expenses of $103K, and assets of $95K (revenue -11.2% year-over-year).
- 2016: Revenue of $123K, expenses of $105K, and assets of $89K (revenue +4.3% year-over-year).
- 2015: Revenue of $118K, expenses of $89K, and assets of $71K (revenue +31.5% year-over-year).
- 2014: Revenue of $90K, expenses of $89K, and assets of $42K (revenue -13.5% year-over-year).
- 2013: Revenue of $104K, expenses of $92K, and assets of $41K (revenue +12.9% year-over-year).
- 2012: Revenue of $92K, expenses of $104K, and assets of $30K (revenue -11.1% year-over-year).
- 2011: Revenue of $103K, expenses of $93K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for First Step Pregnancy Resource Center:
Data Sources and Methodology
This transparency report for First Step Pregnancy Resource Center 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.