First Step - Florence Solutions for Housing Security FY2023 filing

Tax-deductible

Florence, OR501(c)(3)HousingEIN 82-5073578Revenue $38K in FY2023

On file with the IRSfirststepflorence.orgPo Box 1331, 97439-0065 · Florence, ORTax-exempt since Jul 2023Publicly supported charity — 170(b)(1)(A)(vi)

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Provide transitional housing for low income families in the Florence Oregon area. Family is defined as one or more adult parents with one or more children.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2023 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $15K a year · 24% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Named funders
2
named funders · $29K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$16K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$38K
-28% vs prior year
Net assets
$296K
By yearFY2020–FY2024
Revenue
$38K
FY2023▼ -28%
Tap a bar for its year
Revenue by fiscal year
FY2020$80K
FY2021$55K
FY2022$52K
FY2023$38K
FY2024$87K
Expenses
—
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2020$21K
FY2021$59K
FY2022$63K
FY2023Not on file
FY2024Not on file
Net assets
$296K
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2020$312K
FY2021$338K
FY2022$0
FY2023$296K
FY2024$309K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2022-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Jul 2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

6 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A

Mr Kenneth Gaylord’s $15K as Executive Director is at the 43rd percentile of top reported officer pay among 142 <$100K housing 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.

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Programs and updates

Offers temporary homes to low-income families with children in Florence, Oregon.

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Provided by the organization

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1 program · $63K · in their own filed words · FY2022
01

Provide transitional housing for low income families in the Florence Oregon area.

$63Kprogram 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 · FY2022
Total grants receivedfrom 2 funders$29K

By the numbers

The FY2023 990-EZ, line by line.

1The main four
Money in
$38K
Other income$38K
Owns and owes
$296K
net assets
Liabilities$16K
People
6
listed
Paid0
2In more detail
Revenue in detail
Other income$38K
Total revenue$38K
Assets in detailEnd of year
Liabilities$16K
Net assets$296K
Operations
Employees1
Volunteers5
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $87K$309K 990 PDF
FY2023 Viewing $38K$296K 990 PDF
FY2022 $52K$63K−$11K$0 990 PDF
FY2021 $55K$59K−$4K$338K 990 PDF
FY2020 $80K$21K$59K$312K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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