NEXT PREP KIDS INC

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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

Shannon Jacobs

Phone

9192299724

Tax Period

2025-01-01 to 2025-12-31

NEXT PREP KIDS INC, founded in 2019, is a small nonprofit that reported $599K in total revenue in fiscal year 2025. Expenses of $574K left a modest 4% surplus.

Mission

It is the mission duty and purpose for NextPrep Kids to provide a quality Before and After School program for working parents or those seeking work of school-aged children in Kindergarten through Eighth grade.

Program Service Accomplishments

Program 1

Expenses: $310,389 Revenue: $402,550

We created developmentally appropriate STEM activities and provided supervision for over 155 students so families could work after the hours of school.

Program 2

Expenses: $134,797 Revenue: $160,838

We created a hands-on learning environment and provided supervision for over 32 students so families could work before the hours of school.

Program 3

Expenses: $92,849 Revenue: $35,140

We provided supervision for over 12 students and helped them gain self-confidence as they learned new skills in a safe environment while parents worked during the summer months.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $598,335

Investment Income $193

Other Revenue $0

TOTAL REVENUE $598,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $498,869

Fundraising Expenses $0

Program Expenses $538,035

Other Expenses $75,040

TOTAL EXPENSES $573,909

Year-over-Year Comparison

	2025	2024	Change
Revenue	$598,528	$611,791	0.0%
Expenses	$573,909	$610,562	-0.1%
Net Income	$24,619	$1,229	+19.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Rowell	President	8.00	Officer	$0	$0	$0
Stephen Jacobs	Secretary	5.00	Officer	$0	$0	$0
Dasia Moore	Treasurer	5.00	Officer	$0	$0	$0
LaToya Rowell	Managing Director	35.00	Key Emp	$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
2025	$598,528	$573,909	$70,097	$24,619
2024	$611,791	$610,562	$45,478	$1,229
2023	$517,099	$491,479	$99,328	$25,620
2022	$384,797	$354,729	$73,708	$30,068