First Step - Florence Solutions For Housing Security
Only null% goes to programs Strong reserves Growing revenue
First Step - Florence Solutions For Housing Security is a 501(c)(3) organization based in Florence, Oregon, registered in 2023, with $87,126 in FY2024 revenue. CharityIndex grades it B.
Po Box 1331, Florence, OR, 97439 EIN 82-5073578 Since 2023
Revenue (FY2024)
$87K
▲ 129.7% vs prior year
Housing median: $408K
Expenses (FY2024)
$84K
Net assets
$309K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for First Step - Florence Solutions For Housing Security— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating44 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For First Step - Florence Solutions For Housing Security: 44 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for First Step - Florence Solutions For Housing Security— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For First Step - Florence Solutions For Housing Security: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 1331, Florence, OR, 97439
- City
- Florence
- State
- Oregon
- Category
- Housing & Shelter
- Subcategory
- Temporary Housing & Shelters
- Website
- …
Financial trends
Revenue grew from $80K (FY2020) to $87K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3,545Net assets $309K
Operating margin
3.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$313K
Total liabilities
$3,545
Net assets
$309K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $87,126▲130% | $84,126▲35.6% | $309,454▲4.4% | $312,999▲0.2% | 990EZ |
| 2023 | $37,925▼27.5% | $62,045▼2.0% | $296,454 | $312,517▼6.5% | 990EZ |
| 2022 | $52,325▼5.1% | $63,318▲7.5% | $0▼100% | $334,228▼2.1% | 990 |
| 2021 | $55,148▼31.3% | $58,883▲177% | $337,719▲8.2% | $341,280▲9.3% | 990 |
| 2020 | $80,257 | $21,289 | $312,142 | $312,142 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $35K total
2 grants to First Step - Florence Solutions For Housing Security totaling $35K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Oregon Community Foundation | Housing | 2022 | $25,000 |
| Donor Advised Charitable Giving | Human services | 2021 | $10,000 |
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Frequently asked questions
- Is First Step - Florence Solutions For Housing Security a legitimate nonprofit?
- Yes. First Step - Florence Solutions For Housing Security is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-5073578, based in Florence, Oregon. Donations are tax-deductible.
- What is First Step - Florence Solutions For Housing Security's EIN?
- First Step - Florence Solutions For Housing Security's Employer Identification Number (EIN) is 82-5073578.
- How much revenue does First Step - Florence Solutions For Housing Security report?
- First Step - Florence Solutions For Housing Security reported $87,126 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does First Step - Florence Solutions For Housing Security have?
- CharityIndex grades First Step - Florence Solutions For Housing Security B, based on financial health (reserves and operating margin).
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Data for First Step - Florence Solutions For Housing Security (EIN 82-5073578) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.