Nextgen Network Inc

Organization Overview

Nextgen Network Inc is located in Oxon Hill, MD. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nextgen Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Nextgen Network Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 13.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

WE PROVIDE CAREER AND PROFESSIONAL DEVELOPMENT, COMMUNITY SERVICEOPPORTUNITIES, AND POINTS OF ORIGIN CONNECTIVITY FOR AFRICAN AMERICAN AND OTHER MINORITY PROFESSIONALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CAREER AND PROFESSIONAL DEVELOPMENT, COMMUNITY SERVICE OPPORTUNITIES, AND POINTS OF ORIGIN CONNECTIVITY FOR AFRICAN AMERICAN AND OTHER MINORITY PROFESSIONALS.


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Board, Officers & Key Employees

Name (title)Compensation
Michelle Greene
Pres
$0
Mario Lewis
Director
$0
Oral Muir
Director
$0
Gresford Gray
Treasurer
$0
Sharon Taylor
Director
$0
Eric Watson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,072,850
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,072,850
Total Program Service Revenue$301,890
Investment income $3,159
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,377,899

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