Nexterra Foundation Inc
- Assets
- $1.2m
- Revenue
- $1.8m
- Investments
- $8.5k
- Employees
- 3
- Location
- Millerton, NY
- Founding
- 03/2012
- Data as of
- 12/2021
- EIN
- 45-4037873
Organization Overview
Nexterra Foundation Inc is located in Millerton, NY. The organization was established in 2012. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Nexterra Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nexterra Foundation 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 12/2021, Nexterra Foundation Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 5.8% per year over the past 7 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PRINCIPAL OBJECTIVES ARE FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES INCLUDING, BUT NOT LIMITED TO, ADVANCING HUMAN KNOWLEDGE BY UNDERTAKING AN EFFORT TO LOCATE, IDENTIFY AND CREATE A MAP SHOWING PLANETS IN THE NEIGHBORING STAR SYSTEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett DE Blonk VP Research | 40 | $237,648 | |
Jason Kay Senior Optic | 40 | $180,301 | |
Thomas Campbell IV Senior Space | 40 | $155,960 | |
Thomas Carlson Senior Techn | 40 | $144,583 | |
Laurie Robinson Chief Devel | 40 | $108,000 | |
Steven Adelhoch Test & Measu | 40 | $83,179 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Laurie Robinson | 12/30/21 | $108,000 |
Patchwork Optical Consulting Llc | 12/30/21 | $99,600 |
Channel Studio | 12/30/21 | $94,195 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,839,239 |
| Interest on Savings | $0 |
| Dividends & Interest | $1 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,839,240 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $525,949 |
| Other employee salaries and wages | $481,326 |
| Pension plans, employee benefits | $205,263 |
| Interest | $0 |
| Taxes | $268 |
| Depreciation | $166,648 |
| Occupancy | $25,968 |
| Travel, conferences, and meetings | $1,771 |
| Printing and publications | $149 |
| Other expenses | $71,317 |
| Total operating and administrative expenses | $1,792,614 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,792,614 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,417 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,500 |
| Net Land, buildings, and equipment | $1,209,736 |
| Other assets | $1,000 |
| Total assets | $1,249,653 |
| Accounts payable and accrued expenses | $46,058 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,058 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Academy Of Natural Sciences Of Philadelphia Philadelphia, PA | $106,852,043 | $22,108,595 |
Woodwell Climate Research Center Falmouth, MA | $35,020,483 | $19,563,281 |
The John B Pierce Laboratory Inc New Haven, CT | $10,117,404 | $6,351,380 |
Textile Research Institute Princeton, NJ | $3,898,416 | $5,113,874 |
Science Friday Initiative Inc New York, NY | $7,093,144 | $3,258,319 |
Nexterra Foundation Inc Millerton, NY | $1,249,653 | $1,839,240 |
New York Sun Works Inc New York, NY | $1,656,607 | $1,789,776 |
International Union United Auto Aerospace & Agricultural Workers West Hartford, CT | $39,635 | $669,007 |
International Union United Auto Aerospace & Agricultural Workers Williamsport, PA | $502,419 | $318,260 |
Blue Sky Aviation Association Incorporated Readington, NJ | $304,161 | $225,818 |
American Academy Of Health Physics Princeton Junction, NJ | $955,128 | $243,024 |
Buehler Aviation Research Inc Hackensack, NJ | $3,111,138 | $226,239 |