First Step House

Salt Lake Cty, Utah

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 3 peers in Mental Health & Crisis Intervention with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.98×
Peer Median1.36×
💰
$20.8M
Total Revenue
📊
$17.1M
Total Expenses
🏦
$16.8M
Net Assets
📋
$10.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.0%
Year-over-year change (2022 → 2023)
Net Margin
+17.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.98
Net assets divided by total expenses
Liabilities-to-Assets
37.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$20,751,78616%$17,096,65012%$26,838,73423%
2022$17,883,16613%$15,300,55514%$21,797,4229%
2021$15,840,56848%$13,461,34027%$20,013,02338%
2020$10,715,95521%$10,621,51025%$14,548,91735%
2019$8,844,38414%$8,481,27722%$10,777,7245%
2018$7,739,83327%$6,968,44929%$10,245,10013%
2017$6,077,61225%$5,393,50030%$9,060,47011%
2016$4,852,95930%$4,162,69920%$8,160,80746%
2015$3,740,8195%$3,455,5903%$5,596,68757%
2014$3,579,0144%$3,350,8714%$3,563,0536%
2013$3,720,40912%$3,236,84211%$3,375,25613%
2012$3,332,6713%$2,926,9648%$2,981,21420%
2011$3,223,551$2,699,274$2,476,411

Frequently Asked Questions

What does First Step House do?

First Step House is a mental health & crisis intervention nonprofit organization based in Utah. It is classified under NTEE code F22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Step House financially healthy?

Based on our 9-metric Financial Health Score model, First Step House has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does First Step House generate?

First Step House reports $22.5M in annual revenue and holds $28.3M in total assets, based on IRS filings.

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