Nonprofit screen
Screen a listNextgen Education Fund
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$20Mrevenue
FY2024 · +2688% in 3 yrs4 of 4years filed
’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−18.5%
Months of reserve3.0mo
Revenue growth (annualized)+203.2%
Middle half of peersMedianNextgen Education
Where the money goes FY2024 · $24M spent
Programs$23M94%Management and general$555k2%Fundraising$853k4%990 FY2024 · Part IX line 25
Worth checking1
A funder worth 19% of revenue stopped after FY2022
Kattom Foundation gave $1.3M in FY2022, 19% of revenue that year.
Funders’ 990-PF grant listsIn its favor2
Strong governance
8 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIGrowing faster than peers
Revenue up 203% a year since FY2021, in the top quarter of similar nonprofits.
990 Part I · peer cohort56funders
$4.7Ma year, last 2 years
32%from its largest funder
Funder’22’23Tomkat FoundationNew in FY2023$3.0MKattom FoundationOn and off$1.3MCatena FoundationEvery year since FY2022$250k$250kThe Schmidt Family FoundationEvery year since FY2022$100k$300kVoter Registration ProjectNew in FY2023$391kJohn D and Catherine T Macarthur FoundationEvery year since FY2022$150k$200kDonor-advised giftsDonors not disclosed$325k$2.2M15 other fundersUp to $250k a year each$470k$500k
FundedThrough a donor-advised fund