Overview
What is Nextgen Network Inc?
Nextgen Network Inc, situated in Oxon Hill, Maryland, is a nonprofit organization with a mission to empower African American and other minority professionals. They offer career and professional development resources, community service opportunities, and foster connections among their members, serving as a hub of support and networking. Based on the provided information, it appears that Nextgen Network Inc is committed to uplifting these professionals, providing them with valuable resources and opportunities to grow both personally and professionally.
Official website here: www.nextgennetwork.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Stars
Nextgen Network Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management. The overall score reflects an outstanding commitment to transparency, with all aspects of their financial practices aligning with best practices. The organization has demonstrated that it operates with efficiency and integrity, especially in its governance structure, which consists entirely of independent board members.
The nonprofit excels in several key areas, including a strong program expense ratio of 97.80% and effective oversight through an audit committee, indicating that the majority of its funding directly supports its mission. Additionally, the organization maintains a robust conflict of interest and whistleblower policy, contributing to its high score in governance and accountability measures. The documented minutes of board meetings further enhance transparency.
While the data paints a positive picture, there are no specific limitations noted in the provided information. Overall, Nextgen Network Inc stands out for its commitment to accountability and effective financial management, making it a trustworthy choice for donors seeking to support a nonprofit with strong operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Nextgen Network Inc legitimate?
Nextgen Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nextgen Network 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.
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Official website here: www.nextgennetwork.com
What is the mission statement of Nextgen Network Inc?
Nextgen Network Inc's mission is centered around providing career and professional development opportunities, as well as community service chances, for African American and other minority professionals. Additionally, the organization offers points of origin connectivity to foster networking and advancement within these professional communities. By doing so, Nextgen Network Inc aims to empower these professionals, contributing to their personal and professional growth. The organization's activities also encompass providing resources and chances for community service, fostering a sense of connection and support among its members.
Official website here: www.nextgennetwork.com
Who is the CEO of Nextgen Network Inc?
Gresford Gray is the Pres of Nextgen Network Inc.
Official website here: www.nextgennetwork.com
What is the revenue of Nextgen Network Inc?
Nextgen Network Inc's revenue in 2022 was $1,366,184.
Official website here: www.nextgennetwork.com
Who are the executives of Nextgen Network Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.nextgennetwork.com
Where can I find the form 990 for Nextgen Network Inc?
Nextgen Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nextgennetwork.com
Learn more at the official website: www.nextgennetwork.com
Mission Statement of Nextgen Network Inc
Nextgen Network Inc, a nonprofit organization, is committed to providing career and professional development opportunities, community service chances, and points of origin connectivity for African American and other minority professionals. Their mission is to foster an environment where these professionals can thrive and advance in their respective fields. By offering a variety of resources and initiatives, Nextgen Network Inc aims to empower these professionals, enabling them to make meaningful contributions to their communities and industries. The organization's activities are centered around creating a supportive network, where members can learn, grow, and engage in community service projects, thereby strengthening their professional and personal lives.
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Impact
October, 2024
Nextgen Network Inc significantly impacts the careers and professional lives of African American and other minority professionals by offering essential resources and support tailored to their needs. The organization focuses on providing career and professional development, fostering opportunities that enable individuals to enhance their skills, network, and advance in their chosen fields.
In addition to professional growth, Nextgen Network Inc emphasizes community service, encouraging its members to engage with and give back to their communities. This dual focus not only empowers individuals professionally but also strengthens community ties and promotes social responsibility.
Moreover, the organization facilitates "points of origin connectivity," which serves to build networks among professionals, enabling collaboration and mentorship opportunities that are crucial for career advancement. By creating a supportive ecosystem for minority professionals, Nextgen Network Inc plays a vital role in enhancing diversity, equity, and inclusion in various industries, ultimately contributing to a more inclusive workforce.
This information is meant to be a general summary of Nextgen Network 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: $24
- Program Service Revenue: $215,660
- Gross Receipts: $1,366,184
Assets and Liabilities:
- Total Assets: $691,578
- Total Liabilities: $18,721
- Net Assets: $672,857
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$215,660
Organization Details
Founding Year
1999
Phone
(202) 499-2701Principal Officer
Gresford Gray
Main Address
145 FLEET STREET APT 238, OXON HILL, MD, 20745
Website
www.nextgennetwork.comNTEE Category
Code: B82 - Education
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