Nextep Charitable Foundation
- Assets
- $50.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norman, OK
- Founding
- 08/2018
- Data as of
- 12/2022
- EIN
- 82-2872333
Organization Overview
Nextep Charitable Foundation is located in Norman, OK. The organization was established in 2018. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nextep Charitable 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, Nextep Charitable Foundation generated $120.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $104.5k during the year ending 12/2022. While expenses have increased by 12.8% per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FINANCIAL SUPPORT TO PEOPLE IN NEED EITHER THROUGH DIRECT INDIVIDUAL ASSISTANCE OR AS GRANTS TO OTHER CHARITIES SERVING PEOPLE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Fayak Chairman | 1 | $0 | |
Melissa Grimes Vice-Chairman | 1 | $0 | |
Hank Johnson Secretary | 1 | $0 | |
Ronda Rogers Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $446 |
| Total Revenue | $120,446 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $830 |
| Total expenses | $104,462 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,147 |
| Other assets | $0 |
| Total assets | $50,147 |
| Total liabilities | $1,000 |
| Net assets or fund balances | $49,147 |