Education
(B28Z)
IRS Verified
DX Registered
990 on File
FIRST STEPS INC
Financial strength (30%)
81/100
Reliability (20%)
81/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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23
CharityAI™ Score
out of 100
Mission Statement
We fulfill the First Steps mission through three programs. Our Child Development Center is an inclusive preschool for children with special needs and typically developing children through age six. Pediatric Therapy provides Physical, Occupational, Speech, and Feeding Therapy to children with special needs. The Community Outreach Program serves children ages birth to three in the home and other community-based settings. Annually, First Steps reaches over 1,000 children.
Financial Overview — FY 2025
$3.5M
Total Revenue
$3.4M
Total Expenses
$4.2M
Net Assets
70
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.2%
Fundraising Efficiency
422.1%
Operating Reserve
14.66x
Liability-to-Asset
6.3%
Revenue Diversification
53.8%
Executive Compensation
$374K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.2% | 84.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.7% | 12.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
422.1% | 60.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
14.7 mo | 9.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.3% | 21.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
53.8% | 89.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-4.9% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-6.5% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.2% | 3.0% |
P10P90
|
CharityAI™ Evaluation — 2025
23 / 1000
Financial
61
Reliability
33
Effectiveness
10
Impact
Financial Strength (30%)
0
Reliability & Transparency (20%)
61
Program Effectiveness (25%)
33
Impact & Outcomes (25%)
10
0 programs
IRS Verified 85% Data Complete
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $3.5M | $3.4M | $4.2M | 85.2% | 70 |
| 2024 | $3.7M | $3.7M | $4.0M | 86.6% | 75 |
| 2023 | $3.3M | $3.1M | $3.9M | 86.0% | 63 |
| 2022 | $3.0M | $2.8M | N/A | — | 62 |
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