NEXTMAX INC (EIN 474989601) - 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

2015

Legal Domicile

Principal Officer

SCOTT WALDROP

Phone

2705273293

Tax Period

2023-01-01 to 2023-12-31

NEXTMAX INC, founded in 2015, is a micro nonprofit in the Recreation & Sports sector that reported $78K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 2002% operating deficit.

Mission

NEXTMAX, INC. IS A NON-PROFIT ORGANIZATION FORMED TO HELP STUDENTS AND ATHLETES EXCEL TO THE MAX AT THE NEXT LEVEL IN LIFE.

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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 $28,000

Program Service Revenue $50,419

Investment Income $0

Other Revenue $0

TOTAL REVENUE $78,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,617,461

Other Expenses $1,648,240

TOTAL EXPENSES $1,648,240

Year-over-Year Comparison

	2023	2022	Change
Revenue	$78,419	$389,894	-0.8%
Expenses	$1,648,240	$1,604,225	+0.0%
Net Income	$-1,569,821	$-1,214,331	+0.3%

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
SCOTT WALDROP	PRESIDENT	25.00	Officer	$0	$0	$0
LORI WALDROP	SECRETARY	1.00	Officer	$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	$78,419	$1,648,240	$-40,836	$-1,569,821
2022	$389,894	$1,604,225	$-3,099	$-1,214,331
2021	$50,694	$1,257,902	$15,645	$-1,207,208
2020	$366,772	$1,581,629	$-7,932	$-1,214,857
2019	$404,458	$918,245	$50,049	$-513,787
2018	$32,392	$687,614	$-5,936	$-655,222

NEXTMAX INC