I AM NEXT INC (EIN 832736099) - 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

2019

Legal Domicile

Principal Officer

ERIC DAVIS

Phone

6157263603

Tax Period

2024-01-01 to 2024-12-31

I AM NEXT INC, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $952K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 61% operating deficit.

Mission

TO SUPPORT AT-RISK AND UNDERSERVED POPULATIONS IN ORDER TO STRENGTHEN FAMILIES AND COMMUNITIES

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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 $606,382

Program Service Revenue $0

Investment Income $177,597

Other Revenue $167,603

TOTAL REVENUE $951,582

Expense Breakdown

Grants Paid $0

Salaries & Benefits $496,017

Fundraising Expenses $117,056

Program Expenses $1,009,076

Other Expenses $1,040,651

TOTAL EXPENSES $1,536,668

Year-over-Year Comparison

	2024	2023	Change
Revenue	$951,582	$709,815	+0.3%
Expenses	$1,536,668	$1,090,459	+0.4%
Net Income	$-585,086	$-380,644	+0.5%

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

$17,683

Total Directors

$17,683

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK JUST	PRESIDENT	3.00	Officer Director	$0	$0	$0
PAGE WALLEY	CHAIRMAN	1.00	Officer Director	$17,683	$0	$17,683
ERIC STRICKLAND	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
TRISHA GALBREATH	TREASURER	1.00	Officer Director	$0	$0	$0
GWEN ADKISSON	SECRETARY	1.00	Officer Director	$0	$0	$0
BILL CAMPBELL	MEMBER	1.00	Director	$0	$0	$0
MISSY MARSHALL	MEMBER	1.00	Director	$0	$0	$0
SHARON GENTRY	MEMBER	1.00	Director	$0	$0	$0
BRIAN DROBNICK	MEMBER	1.00	Director	$0	$0	$0
CHARLOTTE FREE	MEMBER	1.00	Director	$0	$0	$0
ERIC DAVIS	EXECUTIVE DI	N/A	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	$951,582	$1,536,668	$9,014,928	$-585,086
2023	$709,815	$1,090,459	$9,607,909	$-380,644
2022	$639,240	$882,522	$9,727,752	$-243,282
2021	$5,624,006	$501,278	$10,012,887	$5,122,728
2020	$313,780	$83,783	$299,501	$229,997
2020	$4,635,212	$83,785	$4,620,933	$4,551,427

I AM NEXT INC