NEXTGEN CO-OP ALLIANCE (EIN 863698263) - 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

2021

Legal Domicile

Principal Officer

CHAD FELDERMAN

Phone

5122002518

Tax Period

2023-01-01 to 2023-12-31

NEXTGEN CO-OP ALLIANCE, founded in 2021, is a small nonprofit that reported $108K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $31K, a strong 28% operating margin.

Mission

THE MISSION OF THE NEXTGEN CO-OP ALLIANCE IS TO ADVANCE PRINCIPLED PRACTICES THAT ENABLE DISTRIBUTION CO-OPS TO TAKE ADVANTAGE OF NEW AND EMERGING POWER RESOURCES NOW AND INTO THE FUTURE. TO THAT END, WE ARE DEDICATED TO RESTORING RELATIONSHIPS WITH POWER SUPPLY PROVIDERS AND PROMOTING A CLEANER, MORE COST-FFECTIVE POWER SUPPLY.

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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 $107,500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $107,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $76,948

TOTAL EXPENSES $76,948

Year-over-Year Comparison

	2023	2022	Change
Revenue	$107,500	$135,488	-0.2%
Expenses	$76,948	$369,541	-0.8%
Net Income	$30,552	$-234,053	-1.1%

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

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
CHAD FELDERMAN	CHAIR	5.00	Officer Director	$0	$0	$0
LUIS EYES	VICE CHAIR	5.00	Officer Director	$0	$0	$0
RON HALCOMB	TREASURER	5.00	Officer Director	$0	$0	$0
SCOTT WESTLUND	SECRETARY	5.00	Officer Director	$0	$0	$0
BRAD ZAPORSKI	DIRECTOR	1.00	Director	$0	$0	$0
MARK GABRIEL	DIRECTOR	1.00	Director	$0	$0	$0
MATT HANSON	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM FLEMING	DIRECTOR	1.00	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
2023	$107,500	$76,948	$48,648	$30,552
2022	$135,488	$369,541	$17,300	$-234,053
2021	$375,000	$244,021	$142,047	$130,979

NEXTGEN CO-OP ALLIANCE