Next Wave In Business Incorporated
- Assets
- $46.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/2017
- Data as of
- 12/2019
- EIN
- 81-5389966
Organization Overview
Next Wave In Business Incorporated is located in Los Angeles, CA. The organization was established in 2017. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Next Wave In Business Incorporated 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 12/2019, Next Wave In Business Incorporated generated $66.6k in total revenue. All expenses for the organization totaled $40.4k during the year ending 12/2019. While expenses have increased by 102.9% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
NWB WILL HELP ERADICATE THE EMPLOYMENT GAP FOR UNDERREPRESENTED MINORITIES, CREATING A BUSINESS WORLD THAT REFLECTS, RESPECTS, AND REWARDS PEOPLE OF COLOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Rice II Executive Director | 10 | $0 | |
Kareem Edwards Chief Marketing Officer | 10 | $0 | |
Jourdan Sutton Cfocoo | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,622 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,622 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $19,671 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,689 |
| Total expenses | $40,360 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,920 |
| Other assets | $0 |
| Total assets | $46,920 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,920 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Next Wave In Business Incorporated has recieved totaling $5,005.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: PROGRAMS | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Associated Students Of California State University Sacramento Sacramento, CA | $14,200,718 | $8,069,770 |
Spartan Shops Inc San Jose, CA | $18,843,295 | $4,519,374 |
Associated Students Of San Jose State University San Jose, CA | $17,759,184 | $9,442,445 |
Associated Students California State University Northridge, CA | $14,084,003 | $8,900,841 |
Sobrato Early Academic Language Program Milpitas, CA | $5,995,539 | $10,223,383 |
Treasures 4 Teachers Inc Tempe, AZ | $906,225 | $6,117,568 |
Associated Students Of The University Of Calif At Berkeley Berkeley, CA | $18,955,091 | $5,130,902 |
Summit Leadership-High Desert Hesperia, CA | $3,143,536 | $5,042,457 |
Santos Manuel Student Union Of Ca State Univ San Bernardino San Bernardino, CA | $7,868,233 | $6,217,008 |
University-Student Union Board Of Cal State University Los Angeles Los Angeles, CA | $6,962,494 | $5,035,596 |
Ignite Oakland, CA | $4,118,665 | $5,757,971 |
School On Wheels Inc Los Angeles, CA | $2,411,367 | $3,376,457 |