THE NEX FOUNDATION

EIN: 844745918 501(c)(3) Youth Development

Arlington, TX

Total Revenue
$61,000
Total Expenses
$63,300
Total Assets
N/A
Net Assets
$-2,300
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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
2020
Legal Domicile
TX
Principal Officer
Robert Walsh
Phone
8177254040
Tax Period
2025-01-01 to 2025-12-31

THE NEX FOUNDATION, founded in 2020, is a micro nonprofit in the Youth Development sector that reported $61K in total revenue in fiscal year 2025.

Mission

Our mission is to empower the next generation of responsible young men by providing mentorship, skills, and support to help them thrive. Through personalized guidance, educational enrichment, and mental wellness support, we prepare young men to become confident leaders who positively impact their 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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $61,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $61,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $3,354
Program Expenses $56,790
Other Expenses $63,100
TOTAL EXPENSES $63,300

Year-over-Year Comparison

2025 2024 Change
Revenue $61,000 N/A N/A
Expenses $63,300 N/A N/A
Net Income $-2,300 N/A N/A
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
3
Independent Members
N/A
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karen Standback Treasurer 0.00
Officer Director
$0 $0 $0
Glynda Williams Secretary 0.00
Officer Director
$0 $0 $0
Robert Walsh Executive Dir. 0.00
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
2025 $61,000 $63,300 No data $-2,300
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