Civic Intelligence

First Step Inc.

990 • Fiscal year 2019 • EIN 71-0307372

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 13, 2020

PO Box 2440Hot Springs, AR 71914

(501) 620-5530

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$20,769,983

Down $1,136,607 (-5.2%) from 2018

Net Assets

Down

$18,536,802

Down $923,926 (-4.7%) from 2018

Liabilities

Down

$2,233,181

Down $212,681 (-8.7%) from 2018

Revenue And Expenses

Revenue

Down

$29,535,414

Down $3,081,583 (-9.4%) from 2018

Expenses

Down

$30,466,212

Down $4,307,600 (-12%) from 2018

Net Income

Up

-$930,798

Up $1,226,017 (+57%) from 2018

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $18,128,780Liabilities 2011: $4,525,432Net Assets 2011: $13,603,3482011Assets 2012: $18,611,319Liabilities 2012: $4,558,585Net Assets 2012: $14,052,7342012Assets 2013: $23,869,844Liabilities 2013: $5,588,327Net Assets 2013: $18,281,5172013Assets 2014: $23,808,894Liabilities 2014: $5,442,777Net Assets 2014: $18,366,1172014Assets 2015: $27,856,646Liabilities 2015: $5,233,192Net Assets 2015: $22,623,4542015Assets 2016: $26,186,461Liabilities 2016: $3,716,690Net Assets 2016: $22,469,7712016Assets 2017: $24,342,241Liabilities 2017: $2,724,698Net Assets 2017: $21,617,5432017Assets 2018: $21,906,590Liabilities 2018: $2,445,862Net Assets 2018: $19,460,7282018Assets 2019: $20,769,983Liabilities 2019: $2,233,181Net Assets 2019: $18,536,8022019Assets 2020: $20,826,922Liabilities 2020: $5,789,378Net Assets 2020: $15,037,5442020Assets 2021: $24,030,737Liabilities 2021: $2,786,398Net Assets 2021: $21,244,3392021Assets 2022: $25,350,913Liabilities 2022: $1,869,458Net Assets 2022: $23,481,4552022Assets 2023: $26,774,761Liabilities 2023: $2,368,450Net Assets 2023: $24,406,3112023Assets 2024: $27,359,637Liabilities 2024: $1,204,242Net Assets 2024: $26,155,3952024

Highlighted filing

2019

Assets$20,769,983
Liabilities$2,233,181
Net Assets$18,536,802

Operations Trend

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

$40M$20M$0-$20MExpenses 2011: $29,357,6512011Expenses 2012: $32,041,6242012Expenses 2013: $32,954,0422013Revenue 2014: $34,131,596Expenses 2014: $34,051,732Net Income 2014: $79,8642014Revenue 2015: $39,310,626Expenses 2015: $35,051,856Net Income 2015: $4,258,7702015Revenue 2016: $36,480,984Expenses 2016: $36,629,573Net Income 2016: -$148,5892016Revenue 2017: $34,940,807Expenses 2017: $35,793,035Net Income 2017: -$852,2282017Revenue 2018: $32,616,997Expenses 2018: $34,773,812Net Income 2018: -$2,156,8152018Revenue 2019: $29,535,414Expenses 2019: $30,466,212Net Income 2019: -$930,7982019Revenue 2020: $28,026,580Expenses 2020: $31,656,566Net Income 2020: -$3,629,9862020Revenue 2021: $32,117,871Expenses 2021: $25,994,042Net Income 2021: $6,123,8292021Revenue 2022: $29,227,176Expenses 2022: $26,990,060Net Income 2022: $2,237,1162022Revenue 2023: $31,094,177Expenses 2023: $29,816,336Net Income 2023: $1,277,8412023Revenue 2024: $32,006,822Expenses 2024: $30,257,737Net Income 2024: $1,749,0852024

Highlighted filing

2019

Revenue$29,535,414
Expenses$30,466,212
Net Income-$930,798
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 13, 2020
Return Version
2018v3.2
Gross Receipts
$29,552,200
Mission and Program Overview

Mission

Habilitation of disabled individuals from birth through end of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,222,108$16,987,517▼ $1,234,591
Pledges and Grants Receivable$1,427,344$2,038,869▲ $611,525
Savings and Temporary Cash Investments$1,218,709$736,355▼ $482,354
Investments in Publicly Traded Securities$542,319$475,351▼ $66,968
Prepaid Expenses and Deferred Charges$138,620$182,117▲ $43,497
Accounts Receivable$104,937$128,861▲ $23,924
Cash and Non-Interest-Bearing Accounts$153,052$87,157▼ $65,895
Total Assets$21,906,590$20,769,983▼ $1,136,607
Other Assets Total$99,501$133,756▲ $34,255
Liabilities
Other Liabilities$1,632,152$1,495,356▼ $136,796
Accounts Payable and Accrued Expenses$813,710$737,825▼ $75,885
Total Liabilities$2,445,862$2,233,181▼ $212,681
Net Assets / Fund Balance
Unrestricted Net Assets$19,460,728$18,534,802▼ $925,926
Temporarily Rstr Net Assets-$2,000-
Total Net Assets Fund Balance$19,460,728$18,536,802▼ $923,926
Total Liabilities and Net Assets / Fund Balance$21,906,590$20,769,983▼ $1,136,607

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,056,407$8,567,498$19,623,905
Land$5,292,379-$5,292,379
Equipment$432,812$2,661,389$3,094,201
Compensation and Service Providers

Employees

NameTitleBaseTotal
Brett ChancellorExecutive Di$120,000$120,000
Chris SmithCFO$109,215$109,215

Board Members and Trustees

NameTitle
Lance LefeversPresident
Anna Sue MccoyDirector
Mike LongDirector
Richard HoldenDirector
Robbie CoxDirector
Tom FrenchDirector
Travis MorrisseyDirector
Wayne ReynoldsDirector
Courtney EubanksTreasurer
Donna MerriweatherVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$226,994
Program Service Revenue
$29,099,048
Investment Income
$1,990
Other Revenue
$207,382
All Other Contributions
$221,577
Change in Net Assets
$-930,798

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,535,414
Total Revenue per Audited Statements
$29,535,414
Total Revenue per Form 990
$29,535,414
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$24,492,307
Other Expenses$5,973,905
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,448,528$1,999,847-$20,448,375
Other Employee Benefits$3,612,961$430,971-$4,043,932
Occupancy$1,044,882$153,371-$1,198,253
Depreciation Depletion$881,489$68,489-$949,978
All Other Expenses$315,761$386,824-$702,585
Insurance$296,286$136,876-$433,162
Other Expenses$54,257$308,826-$363,083
Travel$159,953$7,427-$167,380
Interest-$52,625-$52,625
Fees for Services Accounting-$39,575-$39,575
Fees for Services Legal-$23,612-$23,612
Advertising-$22,225-$22,225
Total Functional Expenses$26,831,234$3,634,978$0$30,466,212

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$30,466,212
Expenses per Audited Statements$30,459,340
Total Expenses per Audited Statements$30,459,340
Expenses Not Reported on Financial Statements$6,872
Other Expense Adjustments$6,872
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mortgages and Other Notes Payable$1,495,356
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Chief executive officer examines return before filing.

Form 990, Page 6, Part VI, Line 15A

The board of directors approves salaries.

Form 990, Page 6, Part VI, Line 15B

The board of directors approves salaries.

Form 990, Page 6, Part VI, Line 19

Maintain on file for public viewing upon request during regular business hours.

Filing and Contact Details

Filer

Filer Name
First Step Inc
EIN
71-0307372
Phone
5016205530
Address
PO BOX 2440, HOT SPRINGS, AR 71914

Signing Officer

Name
Chris Smith
Title
CFO
Phone
5016205588
Signed
2020-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brett Chancellor
Formed
1985
Legal Domicile
Ar
Voting Board Members
10
Independent Board Members
10
Employees
1,203

Preparer

Firm
Banks CPA Pllc
Address
204 N 27TH ST, ARKADELPHIA, AR 71923-4202
Preparer
Stephanie M Banks
Phone
8702453975
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference 6,872

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

Book / tax depreciation difference 6,872

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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0182117
IRS990/PrincipalOfficerNm0BRETT CHANCELLOR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEDICAID-TITLE XIX
IRS990/ProgramServiceRevenueGrp/Desc1FEES & CONTRACTS FROM GOVT AG
IRS990/ProgramServiceRevenueGrp/Desc2CONTRACT TRANSPORTATION
IRS990/ProgramServiceRevenueGrp/Desc3PUBLIC SCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/Desc4CONTRACT SERVICES-THERAPY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt026212413
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11123546
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21004341
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3536048
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4153139
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026212413
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11123546
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21004341
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3536048
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4153139
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt036866
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt063564
IRS990/PYOtherExpensesAmt06684657
IRS990/PYOtherRevenueAmt0199703
IRS990/PYProgramServiceRevenueAmt032316864
IRS990/PYRevenuesLessExpensesAmt0-2156815
IRS990/PYSalariesCompEmpBnftPaidAmt028089155
IRS990/PYTotalExpensesAmt034773812
IRS990/PYTotalRevenueAmt032616997
IRS990/ReconcilationRevenueExpnssAmt0-930798
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt011582
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01218709
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0736355
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0554,591
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0226994
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt036866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt083819
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt024969
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03842958
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04215606
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01990
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04368
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05764
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06310
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04022
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022454
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt061611712
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0141237
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0134424
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0147985
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0130945
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0554591
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86210
IRS990ScheduleA/PublicSupportPY170Pct00.85700
IRS990ScheduleA/PublicSupportTotal170Amt04215606
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0226994
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt036866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt083819
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt024969
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03842958
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04215606
IRS990ScheduleA/TotalSupportAmt04889999
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt056438
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt030155
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt010755
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt097348
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt011056407
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08567498
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt019623905
IRS990ScheduleD/EquipmentGrp/BookValueAmt0432812
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02661389
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03094201
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt06872
IRS990ScheduleD/ExpensesSubtotalAmt030459340
IRS990ScheduleD/LandGrp/BookValueAmt05292379
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05292379
IRS990ScheduleD/OtherExpensesNotIncludedAmt06872
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01495356
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGES AND OTHER NOTES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt029535414
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 6,872
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016781598
IRS990ScheduleD/TotalExpensesPerForm990Amt030466212
IRS990ScheduleD/TotalLiabilityAmt01495356
IRS990ScheduleD/TotalRevenuePerForm990Amt029535414
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt029535414
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt030459340
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHIEF EXECUTIVE OFFICER EXAMINES RETURN BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS APPROVES SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS APPROVES SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MAINTAIN ON FILE FOR PUBLIC VIEWING UPON REQUEST DURING REGULAR BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE 6,872
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt021906590
IRS990/TotalAssetsEOYAmt020769983
IRS990/TotalAssetsGrp/BOYAmt021906590
IRS990/TotalAssetsGrp/EOYAmt020769983
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0226994

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.4$1.20$26.2$32.0$30.3$1.75
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.8$2.37$24.4$31.1$29.8$1.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.4$1.87$23.5$29.2$27.0$2.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.0$2.79$21.2$32.1$26.0$6.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.8$5.79$15.0$28.0$31.7$3.63
2019Detailed filing. Detailed filing data is available for this year.$20.8$2.23$18.5$29.5$30.5$0.93
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.9$2.45$19.5$32.6$34.8$2.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.3$2.72$21.6$34.9$35.8$0.85
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.2$3.72$22.5$36.5$36.6$0.15
2015Detailed filing. Detailed filing data is available for this year.$27.9$5.23$22.6$39.3$35.1$4.26
2014Detailed filing. Detailed filing data is available for this year.$23.8$5.44$18.4$34.1$34.1$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.9$5.59$18.3$33.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$4.56$14.1$32.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.1$4.53$13.6$29.4