Civic Intelligence

First Step Housing

990EZ • Fiscal year 2016 • EIN 35-2537631

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 09, 2017

350 Crestridge LaneFolsom, CA 95630

(916) 769-8877

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.17x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

79th percentile

$9,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$39,045

No earlier filing loaded for comparison.

Net Assets

$32,595

No earlier filing loaded for comparison.

Liabilities

$6,450

No earlier filing loaded for comparison.

Revenue

$125,789

No earlier filing loaded for comparison.

Expenses

$96,214

No earlier filing loaded for comparison.

Net Income

$29,575

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2016: $39,045Liabilities 2016: $6,450Net Assets 2016: $32,5952016Assets 2019: $150,261Liabilities 2019: $67,411Net Assets 2019: $82,8502019Assets 2020: $559,450Liabilities 2020: $341,840Net Assets 2020: $217,6102020Assets 2021: $1,058,195Liabilities 2021: $546,556Net Assets 2021: $511,6392021Assets 2022: $1,365,891Liabilities 2022: $541,899Net Assets 2022: $823,9922022Assets 2024: $2,879,442Liabilities 2024: $1,585,853Net Assets 2024: $1,293,5892024

Highlighted filing

2016

Assets$39,045
Liabilities$6,450
Net Assets$32,595

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2016: $125,789Expenses 2016: $96,214Net Income 2016: $29,5752016Revenue 2019: $916,118Expenses 2019: $940,613Net Income 2019: -$24,4952019Revenue 2020: $2,030,609Expenses 2020: $1,895,849Net Income 2020: $134,7602020Revenue 2021: $4,450,714Expenses 2021: $4,102,960Net Income 2021: $347,7542021Revenue 2022: $5,567,940Expenses 2022: $5,255,587Net Income 2022: $312,3532022Revenue 2024: $7,968,910Expenses 2024: $8,024,463Net Income 2024: -$55,5532024

Highlighted filing

2016

Revenue$125,789
Expenses$96,214
Net Income$29,575
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$125,789
Mission and Program Overview

Mission

First step communities will create interim housing and emergency shelter for people experiencing homelessness. Here they will live in safety and dignity, receive the services they require, and take a first-step away from homelessness toward self-sufficiency and permanent housing.

Program Services

DescriptionGrantsExpenses
In the last few years the Department of Housing and Urban Development (HUD) has established directives for a Housing First model as a top priory. The emphasis would be to place homeless people in permanent housing and to coordinate access for the services they need. The First Step Communities (FSC) organization, along with other catalyst of this work such as Sacramento Steps Forward (SSF) and the Sacramento Continuum of Care (CoC), are in agreement with HUD's direction towards Housing First as the priority model. It should be noted, however, that a troublesome gap persists in the ability to secure funding to produce sufficient permanent housing that is affordable and supportive for the homeless population. This is especially true for the population of homeless who are the most chronically effected when it comes to accessing permanent housing programs, emergency shelters and/or services. It is this vulnerable population that is often unable to find the appropriate services needed. These are the individuals who represent FSC's targeted interests for support. The overall mission of First Step Communities is to provide interim housing and services to the most vulnerable of the homeless population. In doing so, FSC and its collaborative partners will help this targeted group of individuals as they move through the interim services provided. The desired outcome is to prepare this population for rapid rehousing programs that will align with a Housing First model and prioritize a successful transition to permanent housing.Accomplishments for 2016 included:Pilgrimage Program - FSC administered the Pilgrimage Shelter Program from January through December 2016. This is a rotating shelter program that collaborates with Midtown Sacramento congregations for facilities and Elica Health for primary health care and referrals. A unique feature of the program is that the guests are encouraged not only to volunteer in the program but provided the opportunity to earn a spot on a homeless volunteer leadership team where they can receive special training and support. Grants from Kaiser Foundation, U.S. Bank, and the Ann Land Bertha Henschel Memorial Fund helped support this primarily volunteer effort.Winter Sanctuary Program - FSC was awarded a contract to administer the 2016-17 Winter Sanctuary Program by Sacramento Steps Forward. This is a rotating shelter program running daily from November through March. FSC started in November 2016. The low barrier shelter program successfully provided shelter, meals and transportation to approximately 100 homeless individuals that could not get in traditional shelter programs. The program is financially supported annually by Sacramento County. FSC was able to bring in collaborating service partners to provide housing counseling, primary health care and referrals, as well as insurance experts to help provide access to appropriate insurance.FSC Interim Homeless Community - FSC continued planning efforts and strategies for political support during 2016. This program is intended to provide interim housing communities utilizing micro-homes and a community center with a medical clinic. Our target is a 2018 kick-off.$91,539-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen WattersExecutive DirectorPT$9,000-$9,000
Bill KnowltonPresident-$0--
Bob ErlenbuschVice President-$0--
Brian RidgewayTreasurer-$0--
Kerrin WestSecretary-$0--
Filing and Contact Details

Filer

Filer Name
First Step Housing
EIN
35-2537631
Phone
9167698877
Address
350 Crestridge Lane, Folsom, CA 95630

Signing Officer

Name
Stephen Watters
Title
Executive Director
Signed
2017-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Richard Watson Jr CPA
Address
8 Metro Lane, Sacramento, CA 95816-4396
Preparer
Richard Watson
Phone
9166060552
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $36

Other Expenses.1002

Office Expenses $551

Other Expenses.1003

Information Technology $321

Other Expenses.1005

Travel $642

Other Expenses.1007

Conferences, Conventions, and Meetings $550

Other Expenses.1012

Insurance $4017

Other Expenses.1

Program supplies $13076

Other Expenses.2

Trash removal $4100

Other Expenses.3

Equipment rental $2642

Other Assets.1006

Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $11713

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $6450

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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxYr02016

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