Baltimore Next Generation Investing Event Inc
- Assets
- $10.8k
- Revenue
- $161.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-5067721
Organization Overview
Baltimore Next Generation Investing Event Inc, operating under the name Next Gen event, is located in Baltimore, MD. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Next Gen event 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 12/2022, Next Gen event generated $161.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $166.8k during the year ending 12/2022. While expenses have increased by 1.0% 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.
Since 2020, Next Gen event has awarded 16 individual grants totaling $776,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BALTIMORE NEXT GENERATION INVESTING EVENT ORGANIZES AN ANNUAL INVESTMENTEVENT FUNDRAISER THAT SUPPORTS SEVERAL BALTIMORE NONPROFIT
Describe the Organization's Program Activity:
Part 3 - Line 4a
BALTIMORE NEXT GENERATION INVESTING EVENT HAD A SUCCESSFUL IN-PERSON INVESTMENT-EVENT FUNDRAISER ON 11/9/22. IN 2022, BALTIMORE NEXT GENERATION INVESTING EVENT MADE THE FOLLOWING GRANTS: $47,000 DISTRIBUTED TO CHILDREN'S SCHOLARSHIP FUND BALTIMORE $47,000 DISTRIBUTED TO SOUTHWEST BALTIMORE CHARTER SCHOOL $27,000 DISTRIBUTED TO KIPP BALTIMORE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Wyskiel President | Trustee | $0 | |
Cameron Macdonald Secretary | Trustee | $0 | |
Christina Wyskiel Treasurer | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $161,920 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,920 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $161,920 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $148,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $18,844 |
| Total functional expenses | $166,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,796 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,796 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $10,796 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,796 |
Grants Awarded
Over the last fiscal year, Baltimore Next Generation Investing Event Inc has awarded $148,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: financial support | $47,000 |
Baltimore, MD PURPOSE: financial support | $47,000 |
Baltimore, MD PURPOSE: financial support | $27,000 |
Baltimore, MD PURPOSE: financial support | $27,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baltimore Next Generation Investing Event Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Dale H And Jeane V Smart Foundation Gibsonia, PA PURPOSE: EDUCATION AND SCHOLARSHIPS | $10,000 |
Endowment Analysis
| Beg. Balance | $317,274 |
| Earnings | -$95,313 |
| Net Contributions | $35,000 |
| Ending Balance | $256,961 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Democracy Fund Voice Inc Washington, DC | $4,065,854 | $19,697,419 |
Center For The Study Of Social Policy Washington, DC | $21,257,623 | $17,047,188 |
Regulatory Affairs Professionals Society Rockville, MD | $9,226,443 | $11,018,465 |
Issue One Washington, DC | $6,409,189 | $6,980,798 |
Pocono Services For Families And Children Inc East Stroudsburg, PA | $5,666,674 | $5,697,584 |
Public Affairs Council Inc Washington, DC | $11,621,204 | $5,655,372 |
Commercial Vehicle Safety Alliance Greenbelt, MD | $5,175,740 | $5,464,465 |
Living Classrooms Foundation Baltimore, MD | $10,378,836 | $6,289,035 |
Students For Life Action Fredericksburg, VA | $1,451,921 | $3,948,083 |
Public Access Corporation Of The District Of Columbia Washington, DC | $11,735,762 | $3,589,628 |
The Congressional Institute Inc Alexandria, VA | $6,719,545 | $3,277,666 |
Civil Justice Reform Group Great Falls, VA | $1,472,377 | $2,732,622 |