Overview
What is Next One Up Foundation Inc?
The Next One Up Foundation Inc, based in Baltimore, Maryland, is a forward-thinking nonprofit organization dedicated to empowering young men in the city. They offer adaptive, multi-year support, starting from middle and high school, with intensive out-of-school-time assistance, mentoring, and guidance to help students graduate and pursue higher education. Post-high school, the support continues with ongoing mentoring, coaching, summer work opportunities, and internship placements. For those interested in the trades, the foundation provides career programming, including counseling, skills development, and job placement services. The ultimate goal of Next One Up Foundation Inc is to foster generational change, enabling young men to envision a dynamic future and discover paths to economic mobility, currently serving around 150 individuals aged 12-25.
Official website here: www.nextoneup.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 94% (Four-Star out of Four Star rating)
The Next One Up Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score for having an independent board and a well-managed audit and oversight committee, the organization demonstrates a high level of governance and operational integrity.
Financially, the foundation excels, showcasing a program expense ratio of 73.13%, indicating that a substantial majority of its funds are directed towards its programs. Furthermore, the fundraising efficiency ratio is notably low at $0.05, suggesting that the organization is effective in raising funds with minimal costs.
While the organization appears robust in its financial management and governance practices, the only area for potential improvement could be its liabilities to assets ratio, which stands at 33.63%. However, this is still within a reasonable range, allowing the Next One Up Foundation to maintain a solid financial footing while continuing to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Next One Up Foundation Inc legitimate?
Next One Up Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Next One Up Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $137,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $712,577
For more financial information, click here
Official website here: www.nextoneup.org
What is the mission statement of Next One Up Foundation Inc?
The Next One Up Foundation aims to bring about generational change by empowering young men in various aspects of their lives. Initiating operations in November 2010, this nonprofit organization offers year-round, multi-year services such as out-of-school-time support, mentoring, college and career counseling, summer work opportunities, internships, and full-time job placements. By providing long-term mentoring and coaching, the foundation helps young men envision a promising future and explore economic mobility pathways. Currently serving approximately 150 young men aged 12-25, the Next One Up Foundation supports and advances their academic, athletic, and social development, ultimately transforming their lives.
Official website here: www.nextoneup.org
Who is the CEO of Next One Up Foundation Inc?
Matthew Hanna is the Chair of Next One Up Foundation Inc.
Official website here: www.nextoneup.org
What is the revenue of Next One Up Foundation Inc?
Next One Up Foundation Inc's revenue in 2022 was $2,608,937.
Official website here: www.nextoneup.org
Who are the executives of Next One Up Foundation Inc and what are their salaries?
The average compensation at Next One Up Foundation Inc during 2022 was $85,008. There are 10 employees and 20 volunteers at Next One Up Foundation Inc.
Here are 12 key members and their salaries:
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Official website here: www.nextoneup.org
Where can I find the form 990 for Next One Up Foundation Inc?
Next One Up Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nextoneup.org
Learn more at the official website: www.nextoneup.org
Mission Statement of Next One Up Foundation Inc
Next One Up Foundation, a pioneering nonprofit organization, aims to instigate generational change in Baltimore by empowering young men. By offering year-round, multi-year services, the foundation equips these young men with the tools necessary to excel as scholars, leaders, and athletes. Through out-of-school-time support, mentoring, college and career counseling, summer work opportunities, internships, and full-time job placements, Next One Up Foundation helps young men create a dynamic vision for their future and discover economic mobility pathways. The organization currently serves approximately 150 young men, ranging from 12 to 25 years old. By providing long-term mentoring and coaching, Next One Up Foundation transforms the lives of these young men, supporting and advancing their academic, athletic, and social development.
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Impact
October, 2024
Next One Up Foundation Inc creates generational change in Baltimore by empowering young men as scholars, leaders, and athletes. Since its inception in November 2010, the organization has provided year-round, multi-year services, focusing on out-of-school-time support and mentoring, college and career counseling, summer work opportunities, internships, and full-time job placements.
By delivering long-term mentoring and coaching, Next One Up helps young men envision a dynamic future and find pathways to economic mobility. Currently impacting 150 young men aged 12 to 25, the foundation offers adaptive, ongoing support tailored to meet the needs of its scholars. This includes intensive mentoring for middle and high school students, ensuring they graduate and successfully transition to college. For those pursuing higher education, continuous guidance, summer work experiences, and internship placements are integral to their development.
Additionally, the foundation supports young men who choose to enter the trades, offering career programming that encompasses counseling, skills development, and job placement. This comprehensive approach not only transforms individual lives but fosters upward mobility and a promising future for young men in Baltimore. The dedication to their academic, athletic, and social growth exemplifies Next One Up's commitment to making a lasting impact on the community.
This information is meant to be a general summary of Next One Up Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,356
- Gross Receipts: $2,682,816
Assets and Liabilities:
- Total Assets: $4,697,380
- Total Liabilities: $1,580,086
- Net Assets: $3,117,294
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Organization Details
Founding Year
2010
Phone
(410) 385-4205Principal Officer
Matthew Hanna
Main Address
PO BOX 22503, BALTIMORE, MD, 21203
Website
www.nextoneup.orgNTEE Category
Code: O50 - Youth development
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