Next 50 Action

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

EIN: 862644677 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Next 50 Action?

Next 50 Action is a nonprofit organization committed to fostering a more representative democracy. They undertake strategic investment in identified areas to achieve their long-term objective of educating the public on the significance of representative democracy. By collaborating with relevant vendors, the organization aims to cultivate a generation of engaged and civically-minded individuals. Their activities encompass programming and investments tailored to promoting a deeper understanding and active participation in democratic processes.


Official website here: www.thenext50.us

Is Next 50 Action legitimate?

Next 50 Action is a legitimate nonprofit organization registered as a 501(c)(4) entity. Next 50 Action submitted a form 990EZ, 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: $158,839
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,527

For more financial information, click here


Official website here: www.thenext50.us

What is the mission statement of Next 50 Action?

Next 50 Action's mission is centered around fostering a more representative democracy. They initiate strategic investments in identified areas to further this goal. The organization's long-term objective is to educate the public on the significance of representative democracy. By engaging with relevant vendors and nurturing a new generation of civically-engaged individuals, Next 50 Action seeks to promote active participation in democratic processes.


Official website here: www.thenext50.us

What is the revenue of Next 50 Action?

Next 50 Action's revenue in 2023 was $699,500.


Official website here: www.thenext50.us

Who are the executives of Next 50 Action and what are their salaries?

The average compensation at Next 50 Action during 2023 was $54,394. There are 6 employees at Next 50 Action.

Here are 4 key members and their salaries:


Zak Malamed (President)
  • Compensation: $67,306
  • Related: $0
  • Other: $0
Ora Rosenbaum (Executive Director Former)
  • Compensation: $91,533
  • Related: $0
  • Other: $0
Ramon Contreras (Officer Former)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Marcus (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thenext50.us

Where can I find the form 990 for Next 50 Action?

Next 50 Action's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thenext50.us

Learn more at the official website: www.thenext50.us

Mission Statement of Next 50 Action

Next 50 Action, a nonprofit organization, is currently engaged in the development of programming focused on strategic investment. Their ultimate goal is to foster a more representative democracy. To achieve this, they collaborate with relevant vendors to identify the most suitable investment areas. By doing so, Next 50 Action aims to educate the public on the importance of representative democracy and nurture a generation of civically-involved individuals.

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Impact




October, 2024

Next 50 Action has made a significant impact by focusing on strategic investments designed to promote and strengthen representative democracy. Through collaborations with relevant vendors, the organization has pinpointed key areas for investment that are crucial to achieving its goal of enhancing public understanding of democratic processes.

By prioritizing educational initiatives, Next 50 Action aims to engage and nurture a generation of individuals who are civically involved and informed. This approach not only empowers citizens to understand their roles within a democratic framework but also fosters a culture of active participation in governance.

Moreover, by identifying specific areas for investment, Next 50 Action is positioning itself to make targeted interventions that can lead to meaningful and sustainable change in the democratic landscape. Overall, the organization's efforts are essential for cultivating a robust and representative democracy, ensuring that a broader spectrum of voices is heard and represented in civic life.




This information is meant to be a general summary of Next 50 Action. 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
$699,500 (2023)
Expenses
$732,652 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $699,500

Assets and Liabilities:

  • Total Assets: $79,202
  • Total Liabilities: $0
  • Net Assets: $79,202

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Organization Details

Principal Officer

Zak Malamed

NTEE Category

Code: Z99 - Unknown

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