The Next 50 Action

EIN: 862644677

New York, NY

Total Revenue
$699,500
Total Expenses
$732,652
Total Assets
$46,655
Net Assets
$46,655
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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
2021
Legal Domicile
NY
Principal Officer
Zak Malamed
Phone
5169417597
Tax Period
2023-01-01 to 2023-12-31

The Next 50 Action, founded in 2021, is a small nonprofit that reported $700K in total revenue in fiscal year 2023. Revenue surged 63% from the prior year, signaling strong growth momentum.

Mission

To support and develop the next generation of civic leaders through leadership development and intergenerational networking.

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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 $699,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $699,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $378,465
Fundraising Expenses $50,301
Program Expenses $440,545
Other Expenses $354,187
TOTAL EXPENSES $732,652

Year-over-Year Comparison

2023 2022 Change
Revenue $699,500 $430,429 +0.6%
Expenses $732,652 $429,823 +0.7%
Net Income $-33,152 $606 -55.7%
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
2
Employees
6
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
$67,306
Total Directors
0
$0
Key Employees
1
$91,533
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Zak Malamed President 16.00
Officer
$67,306 $0 $67,306
Ora Rosenbaum Executive Director Former 25.00
Key Emp
$91,533 $0 $91,533
Ramon Contreras Officer Former 5.00
Officer
$0 $0 $0
Samantha Marcus Officer 1.00
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
2023 $699,500 $732,652 $46,655 $-33,152
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