Next Octave Foundation
EIN: 922959326 · Soquel, CA · NTEE: A12
Is Next Octave Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Next Octave Foundation
Next Octave Foundation (EIN: 922959326) is a nonprofit organization based in Soquel, CA, classified under NTEE code A12. The organization reported total revenue of $3.7M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Next Octave Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Next Octave Foundation 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 Octave Foundation 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.
Frequently Asked Questions about Next Octave Foundation
Is Next Octave Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Next Octave Foundation (EIN: 922959326) insufficient data. 0 red flags identified, 0 strengths noted.
How does Next Octave Foundation spend its money?
Detailed spending breakdown data is not yet available for Next Octave Foundation. Check back for updated IRS 990 analysis.
Are donations to Next Octave Foundation tax-deductible?
Next Octave Foundation is registered as a tax-exempt nonprofit (EIN: 922959326). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Next Octave Foundation showing financial trends over 1 year of public records:
In its most recent filing year (2023), Next Octave Foundation reported a surplus of $553K, with revenue exceeding expenses. The organization holds $208 in liabilities against $554K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $553K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $484K | $554K | $208 | — | — |
Data Sources and Methodology
This transparency report for Next Octave Foundation 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.