THE TUSKEGEE NEXT FOUNDATION

EIN: 473907004 501(c)(3) Youth Development

WHEATON, IL

Total Revenue
$842,700
Total Expenses
$778,215
Total Assets
$243,148
Net Assets
$200,423
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
IL
Principal Officer
JOSHUA DAVIS
Phone
9499102309
Tax Period
2023-10-01 to 2024-09-30

THE TUSKEGEE NEXT FOUNDATION, founded in 2015, is a small nonprofit in the Youth Development sector that reported $843K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $778K left a modest 8% surplus.

Mission

HONOR THE LEGACY OF THE TUSKEGEE AIRMEN AND TRANSFORM THE LIVES OF AT-RISK YOUTH THROUGH AVIATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $930,793
Program Service Revenue $0
Investment Income $2,696
Other Revenue $-90,789
TOTAL REVENUE $842,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $105,091
Fundraising Expenses $67,778
Program Expenses $457,076
Other Expenses $673,124
TOTAL EXPENSES $778,215

Year-over-Year Comparison

2023 2022 Change
Revenue $842,700 $627,546 +0.3%
Expenses $778,215 $556,588 +0.4%
Net Income $64,485 $70,958 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
17
Independent Members
17
Employees
4
Volunteers
19

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
2
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAT BRADY DIRECTOR N/A
Director
$0 $0 $0
PETER BRAXTON DIRECTOR N/A
Director
$0 $0 $0
CORTEZ CARTER DIRECTOR N/A
Director
$0 $0 $0
JOSHUA DAVIS TREASURER 5.00
Director
$0 $0 $0
STEPHEN DAVIS CHAIRMAN N/A
Officer Director
$0 $0 $0
RONA FOURTE DIRECTOR N/A
Director
$0 $0 $0
MONTEL GAYLES DIRECTOR N/A
Director
$0 $0 $0
COL DUANE HAYDEN VICE CHAIRMA N/A
Officer Director
$0 $0 $0
ANNAZETTE HOUSTON DIRECTOR N/A
Director
$0 $0 $0
JOHNNY JACKSON DIRECTOR N/A
Director
$0 $0 $0
LISA LEFTWICH DIRECTOR N/A
Director
$0 $0 $0
PHILLIP LEUTKEHANS DIRECTOR N/A
Director
$0 $0 $0
KAREN MOSES DIRECTOR N/A
Director
$0 $0 $0
CASSAUNDRA ROUSE DIRECTOR N/A
Director
$0 $0 $0
GUIDO VISCONTI DIRECTOR N/A
Director
$0 $0 $0
DONNIE WAHLBERG DIRECTOR N/A
Director
$0 $0 $0
BOB WERDERICH DIRECTOR N/A
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 $842,700 $778,215 $243,148 $64,485
2023 $627,546 $556,588 $242,159 $70,958
2022 $410,513 $527,151 $82,307 $-116,638
2021 $1,191,414 $887,283 $313,303 $304,131
2020 $157,996 $146,184 $67,947 $11,812
2019 $282,986 $381,818 $9,052 $-98,832
2018 $265,800 $301,639 $57,525 $-35,839
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE TUSKEGEE NEXT FOUNDATION with other nonprofits in Illinois and across the country.