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Filing year 2023

THE NEXT STEP FOUNDATION

Austin, Texas·EIN 87-3076934·NTEE J30 · Employment·501(c)(3)
Total revenue
$871k
Total assets
$30k
Total expenses
$848k
Reported officers
4
Mission

THE NEXT STEP FOUNDATION'S MISSION IS TO ADDRESS THE BARRIERS TO EMPLOYMENT AND ENABLE PERSONS WITH DISABILITIES, ALONG WITH WOMEN AND YOUNG ADULTS, TO ACQUIRE THE SKILLS THEY NEED TO COMPETE IN THE 4TH INDUSTRIAL REVOLUTION, AND TAKE THE NEXT STEP TOWARDS SUSTAINABLE LIVELIHOODS AND ECONOMIC INDEPENDENCE. WE ACCOMPLISH OUR MISSION THROUGH OUR PROPRIETORY RAATT METHOD OF DELIVERING TRAINING. THE RAATT METHOD, WHICH STANDS FOR RECRUIT, ASSESS, ACCOMODATE, TRAIN, AND TRANSITION, ADDRESSES THE ENTIRE LIFE CYCLE OF OUR BENEFICIARY'S PROGRESS TOWARD EMPLOYMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Executive Ch
Officer (Unspecified)
$211k
$230k
Base
$200k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Employment

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE NEXT STEP FOUNDATION equaled 25% of the organization's total expenses. The median for employment organizations is 7%.

This organization (2023)
25%
Sector median
7%
Middle half of sector
3% to 16%

Based on 3,624 employment organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 194%
from 2022

From $72k in 2022 to $211k in 2023.

$72k
2022
$211k
2023
In today's dollarsEst.
Up 182% in real terms$82k to $230k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE NEXT STEP FOUNDATION

What are THE NEXT STEP FOUNDATION's revenue and expenses?

In 2023, THE NEXT STEP FOUNDATION reported $871k in total revenue and $848k in total expenses on its IRS Form 990.

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