NEXTECH ACADEMY

EIN: 995126588 501(c)(3) Religion

PETAL, MS

Total Revenue
$262,965
Total Expenses
$1,213
Total Assets
$261,752
Net Assets
$261,752
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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
2024
Legal Domicile
MS
Principal Officer
CHRISTOPHER DONOVANT
Phone
4349444262
Tax Period
2024-01-01 to 2024-12-31

NEXTECH ACADEMY, founded in 2024, is a small nonprofit in the Religion sector that reported $263K in total revenue in fiscal year 2024. The organization ran a surplus of $262K, a strong 100% operating margin.

Mission

OUR MISSION IS FOR SECONDARY AND POST-SECONDARY STUDENTS TO ACHIEVE A MASTERY OF TECHNICAL SKILLS IN MANUFACTURING IN AN ENVIRONMENT THAT ALSO TEACHES LEADERSHIP, INITIATIVE AND INTEGRITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $262,965
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $262,965

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,213
Other Expenses $1,213
TOTAL EXPENSES $1,213

Year-over-Year Comparison

2024 2023 Change
Revenue $262,965 N/A N/A
Expenses $1,213 N/A N/A
Net Income $261,752 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
6
Independent Members
6
Employees
N/A
Volunteers
10

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
6
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN ANDERSON MEMBER 2.00
Officer Director
$0 $0 $0
TOM WATKINS MEMBER 2.00
Officer Director
$0 $0 $0
KENLEY BYRD SECRETARY 2.00
Officer
$0 $0 $0
CHRISTOPHER DONOVANT PRESIDENT 2.00
Officer
$0 $0 $0
KELLY HEATHCOCK TREASURER 2.00
Officer
$0 $0 $0
CHILL HILL VICE PRESIDE 2.00
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
2024 $262,965 $1,213 $261,752 $261,752
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