Next Generation Therapy Services Inc
EIN: 453278904 · Eatonton, GA · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $535K |
| Total Expenses | $576K |
| Net Assets | $92K |
Is Next Generation Therapy Services Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Next Generation Therapy Services Inc
Next Generation Therapy Services Inc (EIN: 453278904) is a nonprofit organization based in Eatonton, GA, classified under NTEE code B90. The organization reported total revenue of $535K and total assets of $62K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Next Generation Therapy Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Next Generation Therapy Services Inc is a small nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2014–2024). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $577K |
| Total Expenses | $576K |
| Surplus / Deficit | +$1K |
| Total Assets | $104K |
| Total Liabilities | $12K |
| Net Assets | $92K |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 11.7% |
| Months of Reserves | 2.2 months |
Financial Health Grade: A
In 2024, Next Generation Therapy Services Inc reported a surplus of $1K with revenue exceeding expenses, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 11.7% (very low leverage).
Financial Trends
Over 11 years of filings (2014–2024), Next Generation Therapy Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -18.6% | -17.3% | +14.3% |
| 2023 | +62.3% | +37.9% | +15.0% |
| 2022 | -21.1% | +3.9% | -50.4% |
| 2021 | -8.7% | -15.8% | -0.6% |
| 2020 | +27.2% | +9.5% | +229.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Next Generation Therapy Services Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Next Generation Therapy Services Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.7%.
Frequently Asked Questions about Next Generation Therapy Services Inc
Is Next Generation Therapy Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Next Generation Therapy Services Inc (EIN: 453278904) insufficient data. 0 red flags identified, 0 strengths noted.
How does Next Generation Therapy Services Inc spend its money?
Detailed spending breakdown data is not yet available for Next Generation Therapy Services Inc. Check back for updated IRS 990 analysis.
Are donations to Next Generation Therapy Services Inc tax-deductible?
Next Generation Therapy Services Inc is registered as a tax-exempt nonprofit (EIN: 453278904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Next Generation Therapy Services Inc located?
Next Generation Therapy Services Inc is headquartered in Eatonton, Georgia and files with the IRS under EIN 453278904. It is classified under NTEE code B90.
How many years of IRS 990 filings does Next Generation Therapy Services Inc have?
Next Generation Therapy Services Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $535K in total revenue.
Filing History
IRS 990 filing history for Next Generation Therapy Services Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2024), Next Generation Therapy Services Inc's revenue has grown by 165.9%, moving from $217K to $577K. Total assets increased by 228.4% over the same period, from $32K to $104K. Total functional expenses rose by 183.3%, from $203K to $576K. In its most recent filing year (2024), Next Generation Therapy Services Inc reported a surplus of $1K, with revenue exceeding expenses. The organization holds $12K in liabilities against $104K in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $92K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $577K | $576K | $104K | $12K | — | — |
| 2023 | $708K | $696K | $91K | $363 | — | — |
| 2022 | $436K | $505K | $79K | $780 | — | View 990 |
| 2021 | $553K | $485K | $160K | $13K | — | — |
| 2020 | $606K | $577K | $161K | $82K | — | View 990 |
| 2019 | $476K | $527K | $49K | $1K | — | View 990 |
| 2018 | $456K | $434K | $98K | $54 | — | View 990 |
| 2017 | $552K | $495K | $77K | $875 | — | View 990 |
| 2016 | $200K | $202K | $20K | $856 | — | View 990 |
| 2015 | $232K | $240K | $21K | $0 | — | View 990 |
| 2014 | $217K | $203K | $32K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $577K, expenses of $576K, and assets of $104K (revenue -18.6% year-over-year).
- 2023: Revenue of $708K, expenses of $696K, and assets of $91K (revenue +62.3% year-over-year).
- 2022: Revenue of $436K, expenses of $505K, and assets of $79K (revenue -21.1% year-over-year).
- 2021: Revenue of $553K, expenses of $485K, and assets of $160K (revenue -8.7% year-over-year).
- 2020: Revenue of $606K, expenses of $577K, and assets of $161K (revenue +27.2% year-over-year).
- 2019: Revenue of $476K, expenses of $527K, and assets of $49K (revenue +4.4% year-over-year).
- 2018: Revenue of $456K, expenses of $434K, and assets of $98K (revenue -17.3% year-over-year).
- 2017: Revenue of $552K, expenses of $495K, and assets of $77K (revenue +176.2% year-over-year).
- 2016: Revenue of $200K, expenses of $202K, and assets of $20K (revenue -14.0% year-over-year).
- 2015: Revenue of $232K, expenses of $240K, and assets of $21K (revenue +7.1% year-over-year).
- 2014: Revenue of $217K, expenses of $203K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Next Generation Therapy Services Inc:
Data Sources and Methodology
This transparency report for Next Generation Therapy Services Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.