NEXT (EIN 208565593) - 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

2006

Legal Domicile

Principal Officer

THOMAS BURNS

Phone

2062989811

Tax Period

2023-01-01 to 2023-12-31

NEXT, founded in 2006, is a small nonprofit in the Religion sector that reported $440K in total revenue in fiscal year 2023. Revenue surged 152% from the prior year, signaling strong growth momentum. The organization ran a surplus of $252K, a strong 57% operating margin.

Mission

DEVELOPING CHRISTIAN SCRIPTURE BASED PRODUCTS, ESPECIALLY FOR YOUNG PEOPLE; PROMOTING THE DISSEMINATION OF CHRISTIAN LITERATURE THROUGH CHURCHES AND MINISTRIES THAT ARE INVOLVED IN EVANGELISM; TRANSLATING MATERIALS INTO VARIOUS LANGUAGES FOR WORLDWIDE DISSEMINATION AND USE; TRAINING AND EQUIPING CHURCHES AND MINISTRIES TO USE NEWLY DEVELOPED MATERIALS EFFECTIVELY; RAISING FUNDS TO SUPPORT THE DEVELOPMENT, PRINTING AND DISSEMINATION OF RELIGIOUS MATERIALS; SECURING AND PRESERVING INTELLECTUAL PROPERTY RIGHTS TO PROTECT THE QUALITY AND INTEGRITY OF PUBLISHED MATERIALS; AND ARRANGING FOR PUBLICATION AND MANAGING RELATIONSHIPS WITH PUBLISHERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $119,398

Program Service Revenue $320,625

Investment Income $0

Other Revenue $0

TOTAL REVENUE $440,023

Expense Breakdown

Grants Paid $43,819

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $180,603

Other Expenses $144,535

TOTAL EXPENSES $188,354

Year-over-Year Comparison

	2023	2022	Change
Revenue	$440,023	$174,655	+1.5%
Expenses	$188,354	$145,720	+0.3%
Net Income	$251,669	$28,935	+7.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROALD LIDAL	PRESIDENT	20.00	Officer Director	$0	$0	$0
BRADLEY KENT	VP AND TREAS	4.00	Officer Director	$0	$0	$0
JEFF HOLDER	SECRETARY	1.00	Officer Director	$0	$0	$0
THOMAS BURNS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
TOSHIKAZU IWAOKA	DIRECTOR	1.00	Director	$0	$0	$0
RONALD VANDERGRIEND	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIAN REME	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$440,023	$188,354	$867,877	$251,669
2022	$174,655	$145,720	$661,625	$28,935
2021	$207,561	$231,795	$581,285	$-24,234
2020	$199,170	$212,844	$540,848	$-13,674
2019	$331,869	$375,286	$530,417	$-43,417
2018	$214,951	$161,594	$573,256	$53,357

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