Nextmax Inc

Organization Overview

Nextmax Inc is located in Benton, KY. The organization was established in 2018. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nextmax 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, Nextmax Inc generated $78.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 7.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

NEXTMAX, INC. IS A NON-PROFIT ORGANIZATION FORMED TO HELP STUDENTS AND ATHLETES EXCEL TO THE MAX AT THE NEXT LEVEL IN LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NEXTMAX HOSTED AND ORGANIZED 19 BASKETBALL TOURNAMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Waldrop
President
$0
Lori Waldrop
Secretary
$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$28,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$28,000
Total Program Service Revenue$50,419
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 $78,419

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