Is Nextenergy Center Legit?

Spending Breakdown

How Nextenergy Center allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Nextenergy Center

Is Nextenergy Center a legitimate charity?

Based on AI analysis of IRS 990 filings, Nextenergy Center (EIN: 20648628) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Nextenergy Center a good charity to donate to?

Nextenergy Center has a Mission Score of 70/100. Revenue: $5.9M. Assets: $8.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Nextenergy Center?

The Employer Identification Number (EIN) for Nextenergy Center is 20648628. 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 Nextenergy Center spend its money?

Nextenergy Center allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Nextenergy Center's tax-exempt status?

You can verify Nextenergy Center's tax-exempt status using EIN 20648628 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

Nextenergy Center demonstrates a mixed financial picture. While the organization has shown significant revenue growth in its most recent filings, with revenue increasing from $1,211,953 in 2021 to $4,611,725 in 2023, it has historically operated with expenses exceeding revenue for many years, leading to a substantial decline in assets from a peak of $18,744,505 in 2014 to $5,697,834 in 2023. The organization's liabilities have also fluctuated, reaching $2,317,072 in 2023, which is a notable increase from earlier periods. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in this category.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent trend of expenses exceeding revenue for many years prior to 2023 indicates potential challenges in maintaining financial sustainability. The recent positive net income in 2023 (revenue of $4,611,725 vs. expenses of $4,578,580) is a positive development, but it follows a long period of deficits. The organization's NTEE code C35 (Energy Research & Development) suggests a focus on a specific mission, and the lack of reported officer compensation is a positive indicator for transparency.

Verdict: Nextenergy Center appears trustworthy

Red Flags

Strengths