Stability First INC: FY2022 Nonprofit Profile & Form 990 (EIN 47-4429844)

To help those trapped in poverty so they could be equipped with the tools to work their way toward stability and prosperity. Through review of the current community services and needs, gaps in community services were identified.

$512Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2025

Community Foundation of Morgan County INCFY2025$30K

Total grants receivedfrom 1 funder$30K

By the numbers

The FY2022 990, line by line.

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1The main four

Money inPt VIII

$497K

Ln 12

Gifts and grantsLn 1h$406K

Other incomeLn 4–11$66K

Fees for servicesLn 2g$17K

Money outPt IX

$512K

Ln 25

Programscol B$512K

Owns and owesPt X

$696K

net assets · Ln 32

Cash and savingsLn 1–2$147K

Total assetsLn 16$778K

LiabilitiesLn 26$82K

PeoplePt VI, VII

13

listed · VII A

PaidVII A0

Voting boardVI 1a14

IndependentVI 1b14

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$406K

Government grantsLn 1e$49K

Fundraising eventsLn 1c$102K

Fees for servicesLn 2g$17K

Investment incomeLn 3$7K

Other incomeLn 4–11$66K

Total revenueLn 12$497K

Assets in detailPt X, end of year

CashLn 1$147K

Cash and savings togetherLn 1–2$147K

InvestmentsLn 11–13$1K

Land, buildings, equipmentLn 10c$623K

Total assetsLn 16$778K

LiabilitiesLn 26$82K

Net assetsLn 32$696K

OperationsPt I, VI

EmployeesI 50

VolunteersI 660

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$239K	$147K
InvestmentsLn 11–13	$1K	$1K
Land, buildings, equipmentLn 10c	$628K	$623K
Total assetsLn 16	$887K	$778K
LiabilitiesLn 26	$7K	$82K
Net assetsLn 32	$880K	$696K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$280K	$280K
Payroll taxesLn 10	$22K	$22K
Management feesLn 11a	$19K	$19K
Legal feesLn 11b	$110	$110
Accounting feesLn 11c	$3K	$3K
Investment management feesLn 11f	$2K	$2K
Other fees for servicesLn 11g	$75K	$75K
Advertising and promotionLn 12	$6K	$6K
Office expensesLn 13	$5K	$5K
Information technologyLn 14	$3K	$3K
TravelLn 17	$2K	$2K
Conferences, conventions and meetingsLn 19	$1K	$1K
Depreciation, depletion and amortizationLn 22	$14K	$14K
InsuranceLn 23	$11K	$11K
Other expenses (24a–d)Ln 24	$70K	$70K
Total functional expensesLn 25	$512K	$512K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$2.4M	$730K	$1.6M	$2.6M	990 PDF
FY2023	$799K	$562K	$237K	$949K	990 PDF
FY2022 Viewing	$497K	$512K	−$15K	$696K	990 PDF
FY2021	$559K	$417K	$142K	$880K	990 PDF
FY2020	$558K	$331K	$227K	$770K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2022 990 (6 parts)

Part I · Summary $497,046 revenue, 12 lines filed

I-8 Contributions and grants$406,499

I-9 Program service revenue$17,267

I-10 Investment income$6,962

I-11 Other revenue$66,318

I-12 Total revenue$497,046

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefits$301,448

I-16a Professional fundraising fees$0

I-17 Other expenses$210,714

I-18 Total expenses$512,162

I-19 Revenue less expenses−$15,116

Part VI · Governance 14 of 14 board members independent, 1 to look at

VI-1a Voting members of the governing body14

VI-1b Independent voting members14

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $497,046 across 11 lines filed

Lines not itemized here account for $12,250 of total revenue; see the IRS return.

VIII-1b Membership dues$75,258

VIII-1c Fundraising events$101,687

VIII-1d Related organizations$54,136

VIII-1e Government grants$49,113

VIII-1f All other contributions, gifts and grants$126,305

VIII-1h Total contributions, gifts and grants$406,499

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $17,267$17,267

VIII-3 Investment incomeRelated to mission $42 · Excluded from tax $6,920$6,962

VIII-8 Net income from fundraising eventsExcluded from tax $28,500$28,500

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $25,568$25,568

VIII-12 Total revenueRelated to mission $25,610 · Unrelated business $0 · Excluded from tax $64,937$497,046

Part IX · Statement of functional expenses $512,162 across 15 lines filed

IX-5 Pay of current officers, directors and key staffPrograms $279,527$279,527

IX-10 Payroll taxesPrograms $21,921$21,921

IX-11a Management feesPrograms $19,016$19,016

IX-11b Legal feesPrograms $110$110

IX-11c Accounting feesPrograms $2,625$2,625

IX-11f Investment management feesPrograms $2,321$2,321

IX-11g Other fees for servicesPrograms $75,099$75,099

IX-12 Advertising and promotionPrograms $5,942$5,942

IX-13 Office expensesPrograms $5,415$5,415

IX-14 Information technologyPrograms $2,510$2,510

IX-17 TravelPrograms $1,502$1,502

IX-19 Conferences, conventions and meetingsPrograms $1,075$1,075

IX-22 Depreciation, depletion and amortizationPrograms $13,984$13,984

IX-23 InsurancePrograms $10,723$10,723

IX-24 Other expenses (24a–d)Programs $70,392$70,392

IX-25 Total functional expensesPrograms $512,162 · Management $0 · Fundraising $0$512,162

Part X · Balance sheet $777,659 assets, 13 lines filed

X-1 Cash, non-interest-bearingStart of year $238,834$146,800

X-8 Inventories for sale or useStart of year $10,181$6,963

X-10c Land, buildings and equipment, netStart of year $627,896$622,687

X-11 Publicly traded securitiesStart of year $1,209$1,209

X-16 Total assetsStart of year $887,093$777,659

X-17 Accounts payable and accrued expensesStart of year $7,122$7,634

X-19 Deferred revenue$67,985

X-24 Unsecured notes and loans payable$5,995

X-26 Total liabilitiesStart of year $7,122$81,614

X-27 Net assets without donor restrictionsStart of year $844,045$660,119

X-28 Net assets with donor restrictionsStart of year $35,926$35,926

X-32 Total net assets or fund balancesStart of year $879,971$696,045

X-33 Total liabilities and net assetsStart of year $887,093$777,659

Part XI · Reconciliation of net assets $696,045 net assets at year end

XI-1 Total revenue$497,046

XI-2 Total expenses$512,162

XI-3 Revenue less expenses−$15,116

XI-4 Net assets at start of year$879,971

XI-7 Investment expenses−$1,209

XI-8 Prior period adjustments−$92,410

XI-9 Other changes in net assets−$75,191

XI-10 Net assets at end of year$696,045

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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Stability First INC FY2022 filing

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Questions the 990 asks

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Questions for Stability First INC