Next Step Ministries
Kernersville, North Carolina
B+Health Score
71B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$748K
Total Revenue
📊
$475K
Total Expenses
🏦
$954K
Net Assets
📋
$418K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+78.3%
Year-over-year change (2022 → 2023)
Net Margin
+36.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.01
Net assets divided by total expenses
Liabilities-to-Assets
30.5%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $748,063↑78% | $475,360↑17% | $1,371,697↑20% | — |
| 2022 | $419,556↓6% | $405,707↓2% | $1,145,585↑30% | — |
| 2021 | $448,318↑19% | $411,915 | $882,755↑4% | — |
| 2020 | $375,621 | $413,138↑9% | $846,855↑22% | — |
| 2019 | $373,818↓16% | $378,001↑3% | $691,734 | — |
| 2018 | $447,638↓10% | $368,623↑7% | $693,294↑8% | — |
| 2017 | $495,023↑8% | $345,416↑47% | $644,013↑31% | — |
| 2016 | $458,980↑67% | $234,571↓12% | $493,103↑82% | — |
| 2015 | $274,520↓1% | $265,279↑5% | $270,286 | — |
| 2014 | $277,648↑2% | $252,685↓4% | $269,197↑9% | — |
| 2013 | $271,789↓11% | $261,886↑4% | $247,904↑3% | — |
| 2012 | $304,179↑62% | $250,900↑67% | $240,750↑28% | — |
| 2011 | $187,467↑48% | $149,945↑29% | $187,619↑22% | — |
| 2010 | $127,093 | $116,621 | $153,924 | — |
Frequently Asked Questions
What does Next Step Ministries do?▼
Next Step Ministries is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P43 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Next Step Ministries financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Next Step Ministries.
How much revenue does Next Step Ministries generate?▼
Next Step Ministries reports $530K in annual revenue and holds $1.3M in total assets, based on IRS filings.
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