Nextfab Foundation
- Assets
- $59.3k
- Revenue
- $488.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 81-4548511
Organization Overview
Nextfab Foundation is located in Philadelphia, PA. The organization was established in 2017. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nextfab Foundation 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, Nextfab Foundation generated $488.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $432.6k during the year ending 12/2021. 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
ASTROLAB - CREATION OF A TECHNICAL TRAINING CENTER IN GREECE
JOHNSTOWN PROJECT (DCED GRANT) - CREATE CURRICULUM TO PROVIDE ADVANCED TECHNICAL TRAINING AND JOB PLACEMENT SERVICES TO STUDENTS LIVING IN ECONOMICALLY DISTRESSED AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Weber Executive Vp/secretary | 0.77 | $0 | |
Evan Malone President/treasurer | 4.62 | $0 | |
David Levin Vice President | 0.29 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $488,563 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $488,563 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,075 |
| Printing and publications | $0 |
| Other expenses | $2,406 |
| Total operating and administrative expenses | $43,432 |
| Contributions, gifts, grants paid | $389,152 |
| Total expenses and disbursements | $432,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,252 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $59,252 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nextfab Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Fund For Philadelphia Inc Philadelphia, PA PURPOSE: Empowerment Zone Grant | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Relief Corp Of National Association Of Evangelicals Baltimore, MD | $37,205,019 | $88,134,638 |
Lutheran World Relief Inc Baltimore, MD | $72,287,667 | $69,634,457 |
International Orthodox Christian Charities Inc Baltimore, MD | $21,145,773 | $37,778,660 |
Abrahams Blessing Albany, NY | $1,941,159 | $28,861,670 |
Wateraid America Inc New York, NY | $16,422,746 | $24,856,015 |
Christian Relief International Lancaster, PA | $46,193,710 | $37,368,118 |
Dr Pradip And Kumkum Ghosh Foundation Inc Ellicott City, MD | $53,748,610 | $18,352,785 |
Tov Vchesed Foundation Inc Monsey, NY | $610,324 | $14,594,457 |
Kolel Shomre Hachomos Of Jerusalem Inc Brooklyn, NY | $8,417,391 | $12,158,295 |
Marys Meals Usa Inc Bloomfield, NJ | $3,234,334 | $9,784,357 |
Good News In Action Inc Sidney, OH | $1,401,234 | $9,131,841 |
We Charity Williamsville, NY | $15,990,436 | $8,510,977 |