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$20,751,786↑16%$17,096,650↑12%$26,838,734↑23%
2022$17,883,166↑13%$15,300,555↑14%$21,797,422↑9%
2021$15,840,568↑48%$13,461,340↑27%$20,013,023↑38%
2020$10,715,955↑21%$10,621,510↑25%$14,548,917↑35%
2019$8,844,384↑14%$8,481,277↑22%$10,777,724↑5%
2018$7,739,833↑27%$6,968,449↑29%$10,245,100↑13%
2017$6,077,612↑25%$5,393,500↑30%$9,060,470↑11%
2016$4,852,959↑30%$4,162,699↑20%$8,160,807↑46%
2015$3,740,819↑5%$3,455,590↑3%$5,596,687↑57%
2014$3,579,014↓4%$3,350,871↑4%$3,563,053↑6%
2013$3,720,409↑12%$3,236,842↑11%$3,375,256↑13%
2012$3,332,671↑3%$2,926,964↑8%$2,981,214↑20%
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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