Nextop Inc is located in Houston, TX. The organization was established in 2014. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Nextop Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nextop 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, Nextop Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 18.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEXTOP WORKS ONE-ON-ONE WITH VETERANS TO HELP THEM UNDERSTAND HOW THEIR MILITARY TRAINING AND EXPERIENCES TRANSLATE INTO VALUED QUALIFICATIONS IN THE BUSINESS COMMUNITY, CONNECTING VETERANS TO JOB OPENINGS THAT MATCH THEIR SKILL-SETS AND MENTORING THEM BEYOND THE JOB HIRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OVETERANS: NEXTOP EMPLOYMENT PROGRAMMING IS DEDICATED TO FACILITATING VETERANS' SUCCESSFUL TRANSITION FROM THEIR MILITARY SERVICE TO CIVILIAN CAREERS AS SEAMLESSLY AS POSSIBLE. THE NEXTOP EMPLOYMENT TEAM WORKS 1:1 WITH SERVICE MEMBERS ON CAREER AND INDUSTRY IDENTIFICATION, SKILL TRANSLATION, UPSKILL OR RESKILL OPPORTUNITIES, RESUME DEVELOPMENT AND REFINEMENT, AND INTERVIEW SKILLS TO HELP EACH CANDIDATE SECURE INTERVIEWS AND ULTIMATELY A CAREER IN THE INDUSTRY/COMPANY/SPECIFIC ROLE THAT THEY ARE SEEKING. OUR CANDIDATES COMPRISE THE MOST DIVERSE POPULATION WITHIN THE DEPARTMENT OF DEFENSE - THE MIDDLE ENLISTED RANKS - AND ARE UNIQUELY POSITIONED TO BRING THEIR SOFT SKILLS AND WORLD EXPERIENCES TO THE PRIVATE SECTOR, BUT OFTEN LACK THE NETWORK, UNDERSTANDING OF THE INDUSTRY AND CAREER OPTIONS, AND SPECIFIC CERTIFICATIONS TO ACCESS INTERVIEWS AND HIRING REPRESENTATIVES WITHOUT OUR HELP. NEXTOP BRIDGES THE GAP TO COMPANIES INTERESTED IN VETERAN TALENT BUT DOESN'T KNOW HOW TO ACCESS AND CONNECT WITH THE POPULATION DIRECTLY, ESPECIALLY BEFORE OR AS THEY ARE DEPARTING THE ACTIVE-DUTY COMPONENT.EVENTS: NEXTOP PLANS AND HOSTS VARIOUS SEMINARS, WORKSHOPS, AND OTHER PROGRAMMING EVENTS RELATED TO VETERAN WORKFORCE DEVELOPMENT, EMPLOYMENT, NETWORKING, AND CORPORATE PARTNER RELATIONSHIP MANAGEMENT PROGRAMMING, TYPICALLY THROUGHOUT THE COUNTRY. IN 2021 NEARLY ALL OF OUR PROGRAMMING WAS VIRTUAL DUE TO THE PANDEMIC BUT STILL TARGETED OUTREACH AT BASES ACROSS THE COUNTRY WITH SERVICE MEMBERS PREPARING TO TRANSITION TO THE CIVILIAN WORLD. MENTORSHIP: MILITARY CANDIDATES CAN EASILY REGISTER VIA OUR WEBSITE AND ARE ASSESSED BY OUR STAFF DURING A THOROUGH INTAKE. THEY ARE ASSIGNED TO ONE OF OUR EMPLOYMENT COORDINATORS WHO COACH AND MENTOR THEM THROUGHOUT THE ENTIRE EMPLOYMENT PREPARATION AND PLACEMENT PROCESS - AND BEYOND. ADDITIONALLY, NEXTOP WORKS CLOSELY TO CONNECT OUR CANDIDATES AND THEIR FAMILY MEMBERS WITH OTHER MENTORSHIP PROGRAMS AND RESOURCES TO ENSURE A SUCCESSFUL TRANSITION TO THE CIVILIAN COMMUNITY AND WORKFORCE FOR THEMSELVES AND THEIR FAMILIES. CORPORATE PARTNERS: NEXTOP'S CORPORATE PARTNERS ARE AMONG THE MOST WELL-RESPECTED COMPANIES IN INDUSTRIES WHO TRULY VALUE MILITARY SKILLS AND EXPERIENCE. NEXTOP WORKS WITH OUR CORPORATE PARTNERS TO DEVELOP A MILITARY-FRIENDLY WORK CULTURE CENTERED ON ESTABLISHING A VETERAN AFFINITY GROUP AND STREAMLINING MILITARY RECRUITING PROCESSES. NEXTOP MEETS COMPANIES WHERE THEY ARE AT TO SUPPORT THEIR VETERAN EMPLOYMENT GOALS, WHETHER CONSULTING ON ESTABLISHING VETERAN HIRING INITIATIVES, EVALUATING PAST PROGRESS AND ESTABLISHING NEXT STEPS, SPEAKING TO KEY STAKEHOLDER GROUPS WITHIN COMPANIES TO HIGHLIGHT THE VETERAN EMPLOYEE VALUE PROPOSITION, AND DISPEL ANY MYTHS, ETC. DESPITE A WORKFORCE IMPACTED BY COVID, PARTICULARLY IN EARLY 2021, AND BEING LIMITED TO PREDOMINANTLY VIRTUAL PROGRAMMING FOR MILITARY BASES, THE NEXTOP TEAM HELPED SUCCESSFULLY PLACE 359 VETERANS WITH 341 DIFFERENT CORPORATE PARTNERS, AT AN AVERAGE STARTING SALARY OF $57,403 IN 2021, AN AVERAGE SALARY INCREASE OF $1,300 OVER 2020.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephanie Drake Executive Dir. | Officer | 40 | $150,000 |
Donovan Campbell Chairman | OfficerTrustee | 5 | $0 |
Christine Bassitt Secretary | OfficerTrustee | 5 | $0 |
Jeffery Hyler Treasurer | OfficerTrustee | 5 | $0 |
Patricia Darnauer Director | Trustee | 3 | $0 |
John Dorffeld Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $36,583 |
Related organizations | $0 |
Government grants | $592,334 |
All other contributions, gifts, grants, and similar amounts not included above | $761,614 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,390,531 |
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 | -$4,562 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,385,969 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $154,500 |
Compensation of current officers, directors, key employees. | $15,450 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $631,617 |
Pension plan accruals and contributions | $8,209 |
Other employee benefits | $20,029 |
Payroll taxes | $66,838 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $20,875 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $130,347 |
Advertising and promotion | $6,239 |
Office expenses | $15,474 |
Information technology | $17,875 |
Royalties | $0 |
Occupancy | $2,750 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $35,369 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $3,443 |
Total functional expenses | $1,113,565 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $340,157 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $148,697 |
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 | $488,854 |
Accounts payable and accrued expenses | $33,059 |
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 | $33,059 |
Net assets without donor restrictions | $273,539 |
Net assets with donor restrictions | $182,256 |
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 | $488,854 |
Over the last fiscal year, we have identified 5 grants that Nextop Inc has recieved totaling $76,000.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $30,000 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: EDUCATION | $20,000 |
Centerpoint Energy Foundation Inc Houston, TX PURPOSE: NEXTOP VETERANS EMPLOYMENT PROGRAM | $15,000 |
Albert And Ethel Herzstein Charitable Foundation Houston, TX PURPOSE: TOWARDS SUPPORT OF GENERAL OPERATIONS. | $7,500 |
Harry S And Isabel C Cameron Foundation Houston, TX PURPOSE: VETERAN EMPLOYMENT PROGRAM | $3,500 |
Organization Name | Assets | Revenue |
---|---|---|
American Gi Forum National Veterans Outreach Program Inc San Antonio, TX | $6,075,829 | $12,361,795 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Austin, TX | $10,604,149 | $6,677,704 |
Louisiana National Guard Foundation New Orleans, LA | $5,835,401 | $6,505,889 |
Military Wellness Initiative Dallas, TX | $2,428,709 | $3,600,000 |
American Legion Clovis, NM | $323,823 | $3,104,581 |
Combat Marine Outdoors Inc Houston, TX | $1,866,228 | $2,870,312 |
American Legion Clovis, NM | $235,874 | $1,801,640 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Copperas Cve, TX | $546,071 | $1,909,310 |
American Legion Austin, TX | $7,412,004 | $1,863,301 |
Wish For Our Heroes Inc San Antonio, TX | $1,716,093 | $1,811,976 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Georgetown, TX | $401,147 | $1,318,650 |
Nextop Inc Houston, TX | $488,854 | $1,385,969 |