Flower Mound, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEXT Worldwide Inc, founded in 2005, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2018. Expenses of $1.7M exceeded revenue, resulting in a 34% operating deficit.
With a desire to see the Gospel proclaimed in all nations, we exist to make and multiply disciples of the next generation through the vehicles of church-planting missions and missional leadership training.
NEXT Worldwide was birthed out of an overarching conviction that plays out in 3 strategic ways. The overarching conviction is in response to the crescendo of Scripture as seen in Revelation 7:9. What...
NEXT Worldwide was birthed out of an overarching conviction that plays out in 3 strategic ways. The overarching conviction is in response to the crescendo of Scripture as seen in Revelation 7:9. What a glorious and indescribable vision that Jesus gave John, of a great multitude that no one could number from every tribe, tongue, and nation gathered around the throne worshiping God! This was the culmination of the vision Jesus gave His disciples in Matthew 24:14, when they asked the sign of His return. He said, "This gospel of this kingdom shall be preached in the whole world as a testimony to all the nations, and then the end will come." NEXT Worldwide is passionate about playing our role in teaching, training, going and sending toward that beautiful end. Specifically, we know that the Lord established NEXT to play our role in 3 strategic ways. 1) To come alongside church planting leaders around the world to help train and encourage pastors to plant church-planting-churches. 2) To mobilize and train students and adults from the U.S. and around the world to go into God's harvest fields to proclaim the Gospel and help launch these churches. 3) To provide leadership training for pastors and trip participants to live missionally in their neighborhoods and around the world, as we play our part in being messengers of reconciliation until every tribe, tongue and nations has the Gospel!
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $1,266,810 | $1,301,727 | 0.0% |
| Expenses | $1,697,571 | $1,582,527 | +0.1% |
| Net Income | $-430,761 | $-280,800 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Mike Barrett | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Mark Tillman | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| W Marc Dingler IV | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Mark Lincoln | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| JD Tomlin | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Randall McKitrick | Director | 0.50 |
Director
|
$2,000 | $0 | $2,000 |
| Wes Searcy | President | 50.00 |
Officer
|
$122,470 | $38,000 | $160,470 |
| Shawn Bettes | Vice President | 50.00 |
Officer
|
$66,740 | $48,055 | $114,795 |
| Jodi Ramon Part Year | Secretary | 40.00 |
Officer
|
$72,070 | $0 | $72,070 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $1,266,810 | $1,697,571 | $421,793 | $-430,761 |
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