THE GEN NEXT FOUNDATION INC (EIN 271276227) - 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

2009

Legal Domicile

Principal Officer

KAYT PRITTS

Phone

8777704698

Tax Period

2024-01-01 to 2024-12-31

THE GEN NEXT FOUNDATION INC, founded in 2009, is a small nonprofit in the Social Science sector that reported $258K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $492K exceeded revenue, resulting in a 91% operating deficit.

Mission

TO CREATE OPPORTUNITIES AND CONFRONT CHALLENGES FACING FUTURE GENERATIONS IN THE AREAS OF ECONOMIC OPPORTUNITY, EDUCATION, AND GLOBAL SECURITY.

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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 $258,246

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $258,246

Expense Breakdown

Grants Paid $40,000

Salaries & Benefits $36,342

Fundraising Expenses $0

Program Expenses $437,296

Other Expenses $415,799

TOTAL EXPENSES $492,141

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,246	$1,059,824	-0.8%
Expenses	$492,141	$1,120,902	-0.6%
Net Income	$-233,895	$-61,078	+2.8%

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

$40,000

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	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN DUNLAP	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN FERGUSON	DIRECTOR	1.00	Director	$0	$0	$0
DJ BURKE	SECRETARY	1.00	Officer Director	$0	$0	$0
ROMAN TSUNDER	DIRECTOR	1.00	Director	$0	$0	$0
PIERRE PROSPER	DIRECTOR	1.00	Director	$0	$0	$0
TODD RUSTMAN	TREASURER	1.00	Officer Director	$0	$0	$0
WADE LAIRSEN	PRESIDENT	40.00	Officer	$0	$0	$0
MICHAEL DAVIDSON	CEO	25.00	Officer	$40,000	$0	$40,000

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	$258,246	$492,141	$138,086	$-233,895
2023	$1,059,824	$1,120,902	$347,337	$-61,078
2022	$1,078,028	$7,865,650	$414,827	$-6,787,622
2021	$1,543,430	$1,446,313	$7,200,762	$97,117
2020	$1,862,255	$1,048,590	$7,235,315	$813,665
2019	$1,001,218	$941,904	$6,423,464	$59,314
2018	$1,096,646	$1,086,384	$6,388,842	$10,262

THE GEN NEXT FOUNDATION INC