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Reed Next Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814163174 ✦ Oakland, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Reed Next Inc?

Reed Next Inc, located in Oakland, New Jersey, is a nonprofit organization dedicated to supporting adults with autism who have mastered the essentials of more independent living. Their mission involves assisting individuals aged 21 and above to gain life skills, find employment, and integrate seamlessly into their communities. They provide supervised group homes and supported living environments as part of their programs. With a team of 82 dedicated employees, Reed Next Inc is committed to enhancing the lives of adults with autism, helping them lead fulfilling and independent lives.


Official website here: www.reedautismservices.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 85% - Three-Star out of Four Star rating

Reed Next Inc has received an 85% rating from Charity Navigator, which reflects a solid level of accountability and financial performance. The organization has demonstrated strong governance practices, with 100% of its board members being independent and effective oversight in place, such as an audit and oversight committee that achieved full marks.

The organization's financial health is reinforced by a program expense ratio of 75.88%, indicating that a significant portion of its expenditures directly supports its programs. Additionally, it has established necessary policies regarding conflict of interest, whistleblower protection, and document retention, all of which contribute to transparency and ethical operation.

However, the organization does have a liabilities to assets ratio of 64.72%, which may indicate some financial risk. While the overall ratings highlight many strengths, stakeholders should consider this aspect of its financial health when assessing the organization's stability and sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Reed Next Inc legitimate?

Reed Next Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reed Next 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: $125,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,955,877

For more financial information, click here


Official website here: www.reedautismservices.org

What is the mission statement of Reed Next Inc?

Reed Next Inc's mission is centered around supporting individuals with autism, specifically those aged 21 and above, in their pursuit of learning, living, working, and thriving within their communities. The organization provides a mission to empower these individuals, offering supported living environments such as group homes for those who have mastered the basics of more independent living. Their primary goal is to facilitate the growth and integration of adults with autism into their communities, ensuring they can lead fulfilling lives.


Official website here: www.reedautismservices.org

Who is the CEO of Reed Next Inc?

Chantelle Walker is the Executive Dir. of Reed Next Inc.


Official website here: www.reedautismservices.org

What is the revenue of Reed Next Inc?

Reed Next Inc's revenue in 2022 was $4,377,678.


Official website here: www.reedautismservices.org

Who are the executives of Reed Next Inc and what are their salaries?

The average compensation at Reed Next Inc during 2022 was $25,386. There are 82 employees and 12 volunteers at Reed Next Inc.


Here are 17 key members and their salaries:


Chantelle Walker (Executive Dir.)
  • Compensation: $0
  • Related: $189,365
  • Other: $19,894
David Wilson (Director)
  • Compensation: $561
  • Related: $126,725
  • Other: $3,743
Francesca Saraniero (Adult Ser Dir.)
  • Compensation: $102,357
  • Related: $0
  • Other: $7,486
Michele Yavarian (Cfo)
  • Compensation: $0
  • Related: $84,187
  • Other: $9,223
Beth Picciano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Arons (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Capra (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph M Forgione (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Key (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Klinenberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Marshall (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Nichols (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Pernetti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Shanock (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Silna-Soukas (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Soukas Esq (Board Attorney)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Nadison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.reedautismservices.org

Where can I find the form 990 for Reed Next Inc?

Reed Next Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.reedautismservices.org

Learn more at the official website: www.reedautismservices.org

Mission Statement of Reed Next Inc

Reed Next Inc, a nonprofit organization, is dedicated to supporting individuals with autism who are 21 years and above. Their mission is to help these individuals learn, live, work, and thrive independently in their communities. To achieve this, Reed Next Inc offers supported living environments for adults with autism who have mastered the fundamentals of more independent living. Additionally, the organization provides supervised group homes as part of their program, ensuring a balance between independence and support. The goal is to empower these individuals to integrate seamlessly into their communities, leading fulfilling and independent lives.

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Impact




July, 2024

Reed Next Inc's impact is significant in supporting individuals with autism, aged 21 and older, to learn, live, work, and thrive in their communities. By providing supported living environments and supervised group homes for adults with autism who have basic independent living skills, Reed Next Inc plays a crucial role in promoting independence and inclusion for this population. Their focus on human services directly contributes to improving the quality of life and enhancing opportunities for individuals with autism to actively participate in their communities.




This information is meant to be a general summary of Reed Next 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.

Revenue
$4,377,678 (2022)
201720182019202020212022$0$1.5M$3M$4.5M$6M
Expenses
$4,155,432 (2022)
201720182019202020212022$0$1.5M$3M$4.5M$6M
Efficiency
2017201820192020202120220%10%20%30%48%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $978
  • Program Service Revenue: $3,296,038
  • Gross Receipts: $4,377,678

Assets and Liabilities:

  • Total Assets: $2,907,469
  • Total Liabilities: $2,344,427
  • Net Assets: $563,042

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEDICAID

Revenue

$2,905,398

RESIDENCE

Revenue

$163,230

SUPPLEMENTAL MEDICAID

Revenue

$227,410

Organization Details

Founding Year

2016

Principal Officer

Chantelle Walker

Main Address

25 POTASH ROAD, OAKLAND, NJ, 07436

NTEE Category

Code: P80 - Human services

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