NEXTSTEP RALEIGH
Mission Statement
NextStep Raleigh is a nonprofit paralysis recovery center committed to helping individuals living with paralysis take their next step toward greater independence and quality of life. As part of the internationally recognized NextStep network, we provide access to cutting-edge, activity-based training that is grounded in scientific evidence and driven by hope. At NextStep Raleigh, we believe that recovery is not only possible—it’s personal. Through one-on-one training, specialized equipment, and a supportive community, we help our clients work toward their unique goals, no matter where they are on their journey. Whether recovering from a spinal cord injury, stroke, or a neurological condition, every person deserves the opportunity to move forward with dignity, determination, and support.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.7% | 84.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
27.2% | 11.1% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.1% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
7.3% | 13.0% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.3 mo | 13.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
92.4% | 0.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
47.9% | 92.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
77.7% | 6.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
16.6% | 6.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
17.7% | 5.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $547K | $450K | $11K | 70.7% | 10 |
| 2024 | $308K | $386K | $-85,857 | 68.4% | 8 |
| 2023 | $330K | $296K | $-7,794 | 66.5% | 6 |
| 2022 | $243K | $248K | $-42,187 | 59.8% | 6 |
| 2021 | $346K | $231K | N/A | — | 8 |
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