Quick charity verification for Next Ten (EIN: 202279217)
Verdict: Next Ten appears trustworthy
92/100Mission Score
$725KRevenue
$1.3MAssets
1Red Flags
4Strengths
Red Flags
Unusually consistent 0% officer compensation across all filings, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency or volunteer leadership.
Strong asset base consistently over $1 million, with low liabilities (e.g., $54,108 in 2023).
History of consistent IRS 990 filings (13 filings), demonstrating strong transparency.
Expenses generally well-managed relative to revenue, often resulting in surpluses (e.g., $759,000 revenue vs. $713,602 expenses in 2023).
Spending Breakdown
How Next Ten allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Next Ten
Is Next Ten a legitimate charity?
Based on AI analysis of IRS 990 filings, Next Ten (EIN: 202279217) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Next Ten a good charity to donate to?
Next Ten has a Mission Score of 92/100. Revenue: $725K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Next Ten?
The Employer Identification Number (EIN) for Next Ten is 202279217. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Next Ten spend its money?
Next Ten allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Next Ten's tax-exempt status?
You can verify Next Ten's tax-exempt status using EIN 202279217 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Next Ten demonstrates consistent financial health with stable assets and revenue streams over the past decade. While revenue has fluctuated, generally staying around the $1 million mark, the organization has maintained a healthy asset base, reaching $1,342,782 in 2023. Expenses have generally been managed well, often below or close to revenue, indicating fiscal responsibility. For instance, in 2023, expenses were $713,602 against $759,000 in revenue, resulting in a surplus. The organization's liabilities are consistently low, indicating a strong balance sheet and minimal debt burden.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a significant portion of funds is likely directed towards programmatic activities rather than executive salaries. The absence of reported officer compensation also points to a high degree of transparency regarding how funds are allocated, as this is a key area of scrutiny for nonprofits. The consistent filing of IRS Form 990s over 13 periods further reinforces their commitment to transparency and accountability.
Overall, Next Ten exhibits sound financial management, efficient spending practices, and a high level of transparency, particularly concerning executive compensation. Their stable asset base and controlled expenses contribute to a positive financial outlook, suggesting they are well-positioned to continue their mission.