Next One Up Foundation Inc
EIN: 272393482 · Towson, MD · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.3M |
| Net Assets | $6.7M |
Is Next One Up Foundation 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 One Up Foundation Inc
Next One Up Foundation Inc (EIN: 272393482) is a nonprofit organization based in Towson, MD, classified under NTEE code O50. The organization reported total revenue of $2.2M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Next One Up Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Next One Up Foundation Inc is a mid-size nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 49.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$2.5M |
| Total Assets | $8.8M |
| Total Liabilities | $2.1M |
| Net Assets | $6.7M |
| Operating Margin | 52.4% |
| Debt-to-Asset Ratio | 23.9% |
| Months of Reserves | 46.2 months |
Financial Health Grade: A
In 2023, Next One Up Foundation Inc reported a surplus of $2.5M with revenue exceeding expenses, holds 46.2 months of operating reserves (strong position), has a debt-to-asset ratio of 23.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Next One Up Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 49.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +84.3% | +28.6% | +87.6% |
| 2022 | +11.9% | +52.7% | +106.1% |
| 2021 | +102.2% | +21.5% | +102.1% |
| 2020 | +32.9% | +14.9% | +18.6% |
| 2019 | -29.2% | +43.4% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Next One Up Foundation 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 One Up Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.9%.
Frequently Asked Questions about Next One Up Foundation Inc
Is Next One Up Foundation Inc a legitimate charity?
Next One Up Foundation Inc (EIN: 272393482) is a registered tax-exempt nonprofit based in Maryland. It has 12 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: A.
How does Next One Up Foundation Inc spend its money?
Next One Up Foundation Inc reported $2.2M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Next One Up Foundation Inc tax-deductible?
Next One Up Foundation Inc is registered as a tax-exempt nonprofit (EIN: 272393482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Next One Up Foundation Inc located?
Next One Up Foundation Inc is headquartered in Towson, Maryland and files with the IRS under EIN 272393482. It is classified under NTEE code O50.
How many years of IRS 990 filings does Next One Up Foundation Inc have?
Next One Up Foundation Inc has 12 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Next One Up Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Next One Up Foundation Inc's revenue has grown by 8013.3%, moving from $59K to $4.8M. Total assets increased by 84750.1% over the same period, from $10K to $8.8M. Total functional expenses rose by 3800.6%, from $59K to $2.3M. In its most recent filing year (2023), Next One Up Foundation Inc reported a surplus of $2.5M, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $8.8M in assets (debt-to-asset ratio: 23.9%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $2.3M | $8.8M | $2.1M | — | View 990 |
| 2022 | $2.6M | $1.8M | $4.7M | $1.6M | — | — |
| 2021 | $2.3M | $1.2M | $2.3M | $5K | — | View 990 |
| 2020 | $1.2M | $960K | $1.1M | $31K | — | View 990 |
| 2019 | $868K | $836K | $951K | $60K | — | View 990 |
| 2018 | $1.2M | $583K | $891K | $43K | — | View 990 |
| 2017 | $542K | $422K | $258K | $54K | — | — |
| 2016 | $364K | $377K | $131K | $47K | — | View 990 |
| 2015 | $266K | $227K | $101K | $3K | — | View 990 |
| 2014 | $194K | $172K | $59K | $0 | — | View 990 |
| 2013 | $81K | $55K | $38K | $1K | — | View 990 |
| 2012 | $59K | $59K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $2.3M, and assets of $8.8M (revenue +84.3% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.8M, and assets of $4.7M (revenue +11.9% year-over-year).
- 2021: Revenue of $2.3M, expenses of $1.2M, and assets of $2.3M (revenue +102.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $960K, and assets of $1.1M (revenue +32.9% year-over-year).
- 2019: Revenue of $868K, expenses of $836K, and assets of $951K (revenue -29.2% year-over-year).
- 2018: Revenue of $1.2M, expenses of $583K, and assets of $891K (revenue +126.2% year-over-year).
- 2017: Revenue of $542K, expenses of $422K, and assets of $258K (revenue +49.1% year-over-year).
- 2016: Revenue of $364K, expenses of $377K, and assets of $131K (revenue +36.9% year-over-year).
- 2015: Revenue of $266K, expenses of $227K, and assets of $101K (revenue +37.2% year-over-year).
- 2014: Revenue of $194K, expenses of $172K, and assets of $59K (revenue +137.6% year-over-year).
- 2013: Revenue of $81K, expenses of $55K, and assets of $38K (revenue +37.4% year-over-year).
- 2012: Revenue of $59K, expenses of $59K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Next One Up Foundation Inc:
Data Sources and Methodology
This transparency report for Next One Up Foundation 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.