Next Level 123 Foundation
- Assets
- $48.8k
- Revenue
- $40.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 12/2019
- Data as of
- 12/2022
- EIN
- 84-3282453
Organization Overview
Next Level 123 Foundation is located in Brooklyn, NY. The organization was established in 2019. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Next Level 123 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 12/2022, Next Level 123 Foundation generated $40.3k in total revenue. All expenses for the organization totaled $14.2k during the year ending 12/2022. While expenses have increased by 54.5% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,260 |
| 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 | $40,260 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $306 |
| Total operating and administrative expenses | $306 |
| Contributions, gifts, grants paid | $13,865 |
| Total expenses and disbursements | $14,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,097 |
| 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 | $43,684 |
| Total assets | $48,781 |
| 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 Awarded
Over the last fiscal year, Next Level 123 Foundation has awarded $13,865 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TALMUD TORAH D'NITRA INC PURPOSE: GENERAL SUPPORT | $3,850 |
KHAL ADAS YEREIM GEMACH OF BORO PARK PURPOSE: GENERAL SUPPORT | $6,500 |
VARIOUS CONTRIBUTIONS FEWER THAN 1500 PURPOSE: GENERAL SUPPORT | $3,515 |