NEXT CENTURY TECHNOLOGY (EIN 851502168) - 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

2020

Legal Domicile

Principal Officer

UMER MALIK

Phone

7753439981

Tax Period

2023-01-01 to 2023-12-31

NEXT CENTURY TECHNOLOGY, founded in 2020, is a micro nonprofit in the Housing & Shelter sector that reported $43K in total revenue in fiscal year 2023. Revenue surged 172% from the prior year, signaling strong growth momentum. Expenses of $127K exceeded revenue, resulting in a 198% operating deficit.

Mission

AFFORDABLE HOUSING FOR LOW TO MEDIUM INCOME FAMILIES IN NEED

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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 $0

Program Service Revenue $42,501

Investment Income $0

Other Revenue $0

TOTAL REVENUE $42,501

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,574

Other Expenses $125,095

TOTAL EXPENSES $126,595

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,501	$15,605	+1.7%
Expenses	$126,595	$85,212	+0.5%
Net Income	$-84,094	$-69,607	+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

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
UMER MALIK	DIRECTOR	20.00	Director	$0	$0	$0
SOBIA KHAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
FEROZE MALIK	SECRETARY	1.00	Officer Director	$0	$0	$0
NASIM NOORELAHI	TREASURER	1.00	Officer 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	No data	No data	No data	No data
2023	$42,501	$126,595	$1,429,999	$-84,094
2022	$15,605	$85,212	$1,514,093	$-69,607
2021	$364,124	$15,424	$1,583,700	$348,700
2020	$1,235,875	$875	$1,235,000	$1,235,000

NEXT CENTURY TECHNOLOGY