Nextstep Kansas City EIN 45-2474070 Form 990 (PDF) Claim this org

Nextstep Kansas City

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Provides affordable, research-based therapy for neurological recovery and fitness. For fiscal year 2024 it reported $573K in revenue, $471K in expenses, and $321K in net assets.Pt I

Type
Public charity (501(c)(3)) · Diseases & Disorders
Location
Overland Park, KS
Website
www.nextstepfitness.org/kcabout
Filings
5 on file (2020–2024)
Revenue
$573KFY2024
Expenses
$471K
Net assets
$321K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-2474070 Public charity (501(c)(3)) Overland Park, KS
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides affordable, research-based therapy for neurological recovery and fitness.
Leadership
Christopher Smith · Executive Director · $56K
Money in and out
$573K revenue, $471K expenses
Bottom line
89% program efficiency
Where the money goes · FY2024
Total revenue
$573K
Pt VIII · Ln 12
Total expenses
$471K
Pt IX · Ln 25
Net assets
$321K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $102K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.11
Program efficiency
89%
of spending reaches programs▲ +9% vs prior filing year
Operating runway
7.3mo
months of highly liquid reserves at operating expense rate▲ +26% vs prior filing year
Surplus margin
+18%
revenue over expenses, this year▲ +182% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$573K
FY2024▲ +31%
Expenses
$471K
FY2024▲ +15%
Total assets
$346K
FY2024▲ +22%
Total liabilities
$25K
FY2024▼ -62%
Total revenue
$573K
Pt VIII · Ln 12
Total expenses
$471K
Pt IX · Ln 25
Net assets
$321K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$102K
Total assetsPt X · Ln 16$346K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNextstep Kansas City
EINHdr · item D45-2474070
Principal addressHdr · item COverland Park, KS
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G96)
Ruling yearIRS BMFApr 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$55,993Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Vice President
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Christopher Smith’s $56K as Executive Director is at the 40th percentile of top reported officer pay among 901 $100K–1M diseases & disorders nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Christopher Smith$55,993$59,855$54,123$54,173$55,163

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Nextstep Kansas City executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $420K of program spending, described in the organization's own filed words · FY2024.
01

Provide physical rehabilitation to spinal cord injury patients through an exercise based program designated to regain strength and function below the level of injury.

$420Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$538K · 94%
Program service revenue$111K · 19%
Contributions & grants94%$538K
Program service revenue19%$111K
Total revenueLn 12$573K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.11
Program services89%$420K
Management & general11%$51K
Total functional expensesLn 25$471K

Balance Sheet

Part X · end of year
CashLn 1$267K
Total assetsLn 16$346K
Total liabilitiesLn 26$25K
Total net assetsLn 32$321K
Months of cash on handcomputed6.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $267K · Operating expenses (Pt IX) $471K · Less non-cash grants $33K · Cash operating expenses/yr $438K
7.3 months
Where the money goes
Program services
Program services $420K · Total expenses $471K
89%
Management & General
Management & general $51K · Total expenses $471K
11%
Fundraising
Fundraising $0 · Total expenses $471K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $350K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $538K · Total revenue $573K
94%
Government reliance
Government grants — · Total revenue $573K
Earned-income share
Program service revenue $111K · Total revenue $573K
19%
Investment reliance
Investment income $0 · Total revenue $573K
0%
Program self-sufficiency
Program service revenue $111K · Total expenses $471K
24%
Growth & trend
Revenue growth (YoY)
This year $573K · Prior year $436K
+31%
Revenue CAGR
FY2020 $296K · FY2024 $573K
+18%
Net-asset trend (YoY)
End of year $321K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $573K · Expenses $471K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $346K
Net-asset ratio
Net assets $321K · Total assets $346K
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $346K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Christopher Smith · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $56K · Total expenses $471K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $312K · Total expenses $471K
66%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 11%
Fundraising cost ratio 0%
Revenue growth 31%
Accounting fee ratio 0.8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$293K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$573K revenue · viewing · ⤓ 990 PDF
FY2023$436K revenue · ⤓ 990 PDF
FY2022$382K revenue · ⤓ 990 PDF
FY2021$401K revenue · ⤓ 990 PDF
FY2020$296K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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