To support first step, inc.
Key facts about First Step Foundation
- EIN
- 20-1876745
- Latest 990 filing
- Form 990, 2025
- Total assets
- $1,179,729
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$1.2M
+4.8% YoY
Revenue
$55K
-22.3% YoY
Net Investment Income
$43K
+0.9% YoY
Expenses
$1K
+0.3% YoY
About First Step Foundation
Based on IRS filings
First Step Foundation is a public charity focused on Youth Development, based in Hot Springs, AR. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.2M in total assets. Net investment income was $43K.
Focus Areas
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Geographic Focus
Where this funder awards grants
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2019 it made 1 grant totaling $200K.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,179,729 | $1,126,221 | $1,056,940 |
| Revenue | $54,953 | $70,722 | $1,010,446 |
| Expenses | $1,445 | $1,441 | $475 |
| Net Investment Income | $43,141 | $42,741 | $9,058 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS February 13, 2020)
- Updated Form 990-EZ for fiscal year 2021 (received by the IRS March 9, 2022)
- Updated Form 990-EZ for fiscal year 2022 (received by the IRS October 26, 2022)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
Leadership & Key People
Officers and directors from IRS filings
First Step Foundation is led by Donna Merriweather, President since 2021 (on filings since 2019); none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Donna Merriweather
President
Vice President → President, 2021
On filings since 2019
No compensation reported
Anna Sue McCoy
Secretary
Director → Secretary, 2025
On filings since 2019
No compensation reported
Mike Long
Board Member
Director → Board Member, 2025
On filings since 2019
No compensation reported
Richard Holden
Treasurer
Director → Treasurer, 2021
On filings since 2019
No compensation reported
Robbie Cox
Vice President
Director → Vice President, 2025
On filings since 2019
No compensation reported
Wayne Reynolds
Board Member
Director → Board Member, 2025
On filings since 2019
No compensation reported
Tyrone Flowers
Board Member
Director → Board Member, 2025
On filings since 2020
No compensation reported
Chris Smith
CFO & First St
On filings since 2022
No compensation reported
Don Gooch
Board Member
Director → Board Member, 2025
On filings since 2024
No compensation reported
Thomas Smith
Board Member
Director → Board Member, 2025
On filings since 2024
No compensation reported
Former officers (4)
- Former: Courtney Eubanks (2019–2024) — Vice President
- Former: Travis Morrissey (2019–2024) — Director
- Former: Tom French (2019–2023) — Director
- Former: Lance Lefever (2019–2020) — President
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about First Step Foundation
How large is First Step Foundation?
First Step Foundation reported $1.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $55K.
What is First Step Foundation?
First Step Foundation is a public charity focused on Youth Development, based in Hot Springs, AR. It holds $1.2M in total assets as of 2025.
Where does First Step Foundation operate?
First Step Foundation has awarded grants in Arkansas.
What is First Step Foundation's EIN?
First Step Foundation's EIN (Employer Identification Number) is 20-1876745. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching First Step Foundation by hand.
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