GEN NEXT DBA ALDER (EIN 262522432) - 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

2008

Legal Domicile

Principal Officer

KAYT PRITTS

Phone

8777704698

Tax Period

2024-01-01 to 2024-12-31

GEN NEXT DBA ALDER, founded in 2008, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year.

Mission

AN ORGANIZATION OF SUCCESSFUL INDIVIDUALS DEDICATED TO UNDERSTANDING ABOUT AND BECOMING ENGAGED WITH THE MOST PRESSING CHALLENGES FACING FUTURE GENERATIONS.

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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 $0

Program Service Revenue $2,312,687

Investment Income $0

Other Revenue $11,396

TOTAL REVENUE $2,324,083

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,589,541

Fundraising Expenses $207,223

Program Expenses $1,523,479

Other Expenses $668,922

TOTAL EXPENSES $2,258,463

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,324,083	$2,617,298	-0.1%
Expenses	$2,258,463	$2,562,324	-0.1%
Net Income	$65,620	$54,974	+0.2%

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

$200,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL MAKARECHIAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOHN RYDELL	SECRETARY	1.00	Officer Director	$0	$0	$0
KEVIN DUNLAP	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN FERGUSON	DIRECTOR	1.00	Director	$0	$0	$0
LORI OTTO PUNKE	DIRECTOR	1.00	Director	$0	$0	$0
KAYT PRITTS	VP MARKETING/ OFFICER	40.00	Officer	$200,000	$0	$200,000
CARL SELETZ	PRESIDENT	40.00	Officer	$0	$0	$0
MICHAEL DAVIDSON	CEO	45.00	Officer	$0	$0	$0
CARLOS ALFARO	REGIONAL DIRECTOR	40.00	Highest	$120,000	$0	$120,000

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	$2,324,083	$2,258,463	$547,343	$65,620
2023	$2,617,298	$2,562,324	$400,363	$54,974
2022	$3,835,301	$3,401,782	$179,221	$433,519
2021	$3,758,762	$4,043,224	$442,560	$-284,462
2020	$3,694,694	$3,425,811	$1,175,628	$268,883
2019	$4,003,354	$4,111,992	$814,883	$-108,638
2018	$3,966,361	$3,861,957	$812,808	$104,404

GEN NEXT DBA ALDER