NEXTGEN CLIMATE AMERICA INC (EIN 462525580) - 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

2013

Legal Domicile

Principal Officer

ARNOLD SOWELL

Phone

6507048430

Tax Period

2024-01-01 to 2024-12-31

NEXTGEN CLIMATE AMERICA INC, founded in 2013, is a community nonprofit in the Environment sector that reported $7.1M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $6.7M left a modest 6% surplus.

Mission

NEXTGEN POLICY IS A BLACK-LED NONPROFIT THAT FIGHTS FOR PROGRESSIVE CHANGES THAT WILL CREATE A MORE EQUITABLE, PROSPEROUS, AND CLIMATE-RESILIENT CALIFORNIA FOR ALL. NEXTGEN POLICY'S TEAM OF EXPERTS BRINGS THEIR EXPERIENCE LEADING JUSTICE-CENTERED POLICY STRATEGIES; FORGING IMPACTFUL PUBLIC EDUCATION CAMPAIGNS; AND BUILDING DIVERSE COALITIONS AND GRASSROOTS NETWORKS.

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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 $6,973,705

Program Service Revenue $109,936

Investment Income $1,266

Other Revenue $16,341

TOTAL REVENUE $7,101,248

Expense Breakdown

Grants Paid $1,051,732

Salaries & Benefits $3,419,014

Fundraising Expenses $443,162

Program Expenses $5,400,827

Other Expenses $2,195,644

TOTAL EXPENSES $6,666,390

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,101,248	$5,830,528	+0.2%
Expenses	$6,666,390	$6,425,749	+0.0%
Net Income	$434,858	$-595,221	-1.7%

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

Volunteers

N/A

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

$355,980

Total Directors

$315,280

Key Employees

$465,444

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARNOLD SOWELL	BOD, DIRECTOR / ED	40.00	Officer Director	$299,460	$9,420	$308,880
CHRIS FADEFF	BOD, DIRECTOR	4.00	Director	$6,400	$0	$6,400
KATHRYN TAYLOR	BOD, CHAIR	0.30	Director	$0	$0	$0
PAMELA HAYNES	BOD, DIRECTOR	0.30	Director	$0	$0	$0
TIA BOATMAN-PATTERSON	BOD, DIRECTOR	0.30	Director	$0	$0	$0
RISI VERA	TREASURER	4.00	Officer	$42,000	$0	$42,000
KIMI MEYER	SECRETARY	40.00	Officer	$5,100	$0	$5,100
ADRIANA SANCHEZ-OCHOA	DEPUTY DIRECTOR	40.00	Key Emp	$203,232	$37,066	$240,298
STACEY SMITH	DIRECTOR OF SPECIAL PROJEC	40.00	Key Emp	$189,796	$35,350	$225,146
BRIAN WEINBERGER	SENIOR POLICY ADVISOR	40.00	Highest	$177,790	$59,557	$237,347
KENNETH SPENCE	SENIOR POLICY ADVISOR	40.00	Highest	$182,440	$18,745	$201,185
SAMANTHA COUCH	DEVELOPMENT DIRECTOR	40.00	Highest	$170,283	$27,911	$198,194

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	$7,101,248	$6,666,390	$2,035,624	$434,858
2023	$5,830,528	$6,425,749	$1,367,143	$-595,221
2022	$12,638,606	$14,261,434	$2,017,647	$-1,622,828
2021	$11,549,053	$8,339,155	$3,802,758	$3,209,898
2020	$2,941,126	$3,910,670	$277,699	$-969,544
2019	$3,463,549	$4,034,774	$1,367,423	$-571,225
2018	$4,835,134	$3,907,892	$1,767,886	$927,242

NEXTGEN CLIMATE AMERICA INC