NEXTHOME DISASTER RELIEF FOUNDATION

EIN: 843890903 501(c)(3) Public Safety

DANVILLE, CA

Total Revenue
$246,611
Total Expenses
$114,236
Total Assets
$506,188
Net Assets
$491,405
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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
CA
Principal Officer
TEI BAISHIKI
Phone
8559256398
Tax Period
2023-10-01 to 2024-09-30

NEXTHOME DISASTER RELIEF FOUNDATION, founded in 2019, is a small nonprofit in the Public Safety sector that reported $247K in total revenue in fiscal year 2023. The organization ran a surplus of $132K, a strong 54% operating margin.

Mission

THE NEXTHOME DISASTER RELIEF FOUNDATION IS A CALIFORNIA PUBLIC BENEFIT NONPROFIT ORGANIZATION CREATED TO ASSIST OUR NEXTHOME NETWORK. THE FOUNDATION AIMS TO PROVIDE FINANCIAL ASSISTANCE TO NEXTHOMIES WHO ARE VICTIMS OF NATURAL OR MAN-MADE DISASTERS. NEXTHOME MEMBERS ARE AFFECTED BY DISASTERS YEARLY, FROM HOME FIRES AND CONSTRUCTION FAILURES TO EARTHQUAKES AND TORNADOES. TO ASSIST WITH RECOVERY, FOUNDATION GRANTS HELP ADDRESS THEIR IMMEDIATE FINANCIAL NEEDS, PLUS COVER OUTLAID EXPENSES. OUR GOAL IS TO BUILD A SAFETY NET FOR FUTURE DISASTER SURVIVORS. THE FOUNDATION SPECIFICALLY PROVIDES GRANTS TO NEXTHOME MEMBERS AND EMPLOYEES WHOSE PRIMARY HOMES OR OFFICES ARE UNINHABITABLE OR DAMAGED FROM DISASTERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $201,160
Program Service Revenue $0
Investment Income $12,200
Other Revenue $33,251
TOTAL REVENUE $246,611

Expense Breakdown

Grants Paid $35,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $35,000
Other Expenses $79,236
TOTAL EXPENSES $114,236

Year-over-Year Comparison

2023 2022 Change
Revenue $246,611 $236,270 +0.0%
Expenses $114,236 $62,347 +0.8%
Net Income $132,375 $173,923 -0.2%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
5

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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES DWIGGINS CEO 2.00
Officer Director
$0 $0 $0
TEI BAISHIKI CFO/SECRETARY 4.00
Officer Director
$0 $0 $0
MARNIE GOLDSCHLAG DIRECTOR 2.00
Director
$0 $0 $0
JAYME DOWNEY DIRECTOR 2.00
Director
$0 $0 $0
HAROLD CHAPPELL DIRECTOR 2.00
Director
$0 $0 $0
HEIDI POWELL DIRECTOR 2.00
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 $246,611 $114,236 $506,188 $132,375
2023 $236,270 $62,347 $365,556 $173,923
2022 $207,227 $15,767 $191,633 $191,460
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