First Step Shelter Inc
EIN: 813976095 · Daytona Beach, FL · NTEE: L41
Is First Step Shelter Inc 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 Shelter Inc
First Step Shelter Inc (EIN: 813976095) is a nonprofit organization based in Daytona Beach, FL, classified under NTEE code L41. The organization reported total revenue of $1.7M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of First Step Shelter Inc'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 Shelter Inc 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 Shelter Inc 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 Shelter Inc
Is First Step Shelter Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, First Step Shelter Inc (EIN: 813976095) insufficient data. 0 red flags identified, 0 strengths noted.
How does First Step Shelter Inc spend its money?
Detailed spending breakdown data is not yet available for First Step Shelter Inc. Check back for updated IRS 990 analysis.
Are donations to First Step Shelter Inc tax-deductible?
First Step Shelter Inc is registered as a tax-exempt nonprofit (EIN: 813976095). 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 Shelter Inc showing financial trends over 8 years of public records:
Total assets increased by 193461100% over the same period, from $1 to $1.9M. In its most recent filing year (2023), First Step Shelter Inc reported a surplus of $354K, with revenue exceeding expenses. The organization holds $91K in liabilities against $1.9M in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.5M | $1.9M | $91K | — | — |
| 2022 | $2.4M | $2.4M | $1.8M | $329K | — | — |
| 2021 | $1.5M | $1.7M | $1.8M | $251K | — | View 990 |
| 2020 | $2.0M | $1.2M | $1.9M | $188K | — | View 990 |
| 2019 | $123K | $209K | $911K | $4 | — | View 990 |
| 2018 | $473K | $67K | $1.0M | $3K | — | View 990 |
| 2017 | $598K | $6K | $594K | $2K | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.5M, and assets of $1.9M (revenue -23.3% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.4M, and assets of $1.8M (revenue +56.2% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.7M, and assets of $1.8M (revenue -23.3% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.2M, and assets of $1.9M (revenue +1525.2% year-over-year).
- 2019: Revenue of $123K, expenses of $209K, and assets of $911K (revenue -74.1% year-over-year).
- 2018: Revenue of $473K, expenses of $67K, and assets of $1.0M (revenue -21.0% year-over-year).
- 2017: Revenue of $598K, expenses of $6K, and assets of $594K.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
Data Sources and Methodology
This transparency report for First Step Shelter 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.