ENVIRONMENT NEXT INC (EIN 200231609) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

ERIC CARLSON

Phone

2402470630

Tax Period

2024-01-01 to 2024-12-31

ENVIRONMENT NEXT INC, founded in 2003, is a community nonprofit in the Environment sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $3.6M exceeded revenue, resulting in a 131% operating deficit.

Mission

ENVIRONMENT NEXT SUPPORTS INDIVIDUALS, NONPROFITS AND BUSINESSES AROUND THE WORLD ON SOLUTIONS TO COMPLEX CLIMATE ISSUES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $126,499

Program Service Revenue $0

Investment Income $1,046,138

Other Revenue $395,907

TOTAL REVENUE $1,568,544

Expense Breakdown

Grants Paid $800,000

Salaries & Benefits $1,299,967

Fundraising Expenses $15,118

Program Expenses $2,519,467

Other Expenses $1,518,095

TOTAL EXPENSES $3,618,062

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,568,544	$5,482,060	-0.7%
Expenses	$3,618,062	$2,288,844	+0.6%
Net Income	$-2,049,518	$3,193,216	-1.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$863,285

Total Directors

$863,285

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC CARLSON	PRESIDENT	40.00	Officer Director	$495,489	$31,803	$527,292
W PAUL ROWLAND	DIRECTOR	45.00	Officer Director	$335,993	$0	$335,993
JARETT EMERT	SVP OF PARTN	40.00	Highest	$245,814	$10,033	$255,847
LINDA KELLY	FORMER HCE	N/A		$247,808	$0	$247,808
REED SPELLMAN	CHAIR	2.00	Officer Director	$0	$0	$0
MIKE STARESINIC	DIRECTOR	2.00	Director	$0	$0	$0
JOHN WINSKI	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,568,544	$3,618,062	$33,734,030	$-2,049,518
2023	$5,482,060	$2,288,844	$32,629,202	$3,193,216
2022	$28,831,424	$16,281,832	$31,227,885	$12,549,592
2021	$8,709,351	$5,547,022	$24,217,627	$3,162,329
2020	$4,336,813	$2,743,900	$15,899,226	$1,592,913
2019	$5,373,825	$2,661,211	$13,268,129	$2,712,614
2018	$3,245,475	$2,584,671	$10,332,990	$660,804

ENVIRONMENT NEXT INC