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Nonprofiteer
← NEXTCORPS INC

Form 990 for tax year 2022

Filed by NEXTCORPS INC.

Totals

Total revenue
$14,656,839
Total expenses
$12,013,233
Contributions and grants received
$11,266,305
Grants paid
$250,000
Program service revenue
$3,290,088
Investment income
$100,446
Other revenue
$0
Total assets, end of year
$36,635,804
Total liabilities, end of year
$5,644,542
Net assets or fund balances, end of year
$30,991,262
Program services expenses (Part IX)
$11,234,901
Management and general expenses
$778,332
Fundraising expenses
$0
Program service expenses (Part III)
$11,234,901

Program services were 93.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • THERESA B MAZZULLO

    DIRECTOR

    Total calculated
    $420,048
    From this org
    $0
    From related orgs
    $364,489
    Other
    $55,559
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $355,835 related
    Bonus
    $0
    Other
    $0 + $8,654 related
    Deferred
    $0 + $34,541 related
    Nontaxable benefits
    $0 + $21,018 related
    Filer's total
    $0 + $420,048 related

  • JOSEPH RIZZO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • CHRISTINE B WHITMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • LORI GREEN

    DIRECTOR, VICE CHAIR & SEC

    Total calculated
    $0
    Hours/week
    0.5

  • PETER G ROBINSON

    DIRECTOR & CHAIRMAN

    Total calculated
    $671,712
    From this org
    $0
    From related orgs
    $495,130
    Other
    $176,582
    Hours/week
    0.5 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $445,437 related
    Bonus
    $0
    Other
    $0 + $49,693 related
    Deferred
    $0 + $89,714 related
    Nontaxable benefits
    $0 + $86,868 related
    Filer's total
    $0 + $671,712 related

  • JAMES S SENALL

    DIRECTOR & PRESIDENT

    Total calculated
    $0
    Hours/week
    40

  • ARUNAS CHESONIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JOHN D MCCURDY

    DIRECTOR & TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • DANA MILLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JAY POPLI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • DAN CUNIFFE

    DIRECTOR - THRU DEC 2022

    Total calculated
    $0
    Hours/week
    0.5

  • RYNE RAFFAELLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JOE WESLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • ANA LISS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • DAN BURNS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • SUJATHA RAMANUJAN

    MANAGING DIRECTOR, LUMINAT

    Total calculated
    $0
    Hours/week
    40

  • JOHN MAGEE

    MANAGING DIRECTOR, FINANCE AS OF JAN 2023

    Total calculated
    $0
    Hours/week
    40

  • CANDICE SHEFFER

    MANAGING DIRECTOR, FINANCE THRU MARCH 2023

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART I, LINE 4B
THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND RECEIVED EMPLOYER PAID AMOUNTS FROM A RELATED ENTITY, THE UNIVERSITY OF ROCHESTER, THAT ARE INCLUDED IN DEFERRED COMPENSATION: PETER G. ROBINSON SERP PLAN $61,500

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • ENERGIA HOLDINGS INCORPORATED

    $25,000

    ASSIST START-UP WITH FUNDING AFTER PROOF-OF-CONCEPT STAGE HAS BEEN ACHIEVED IN ORDER TO REACH COMMERCIAL SUCCESS IN RECOGNIZED INNOVATION ZONES

  • X3I SOLUTIONS LLC

    $25,000

    ASSIST START-UP WITH FUNDING AFTER PROOF-OF-CONCEPT STAGE HAS BEEN ACHIEVED IN ORDER TO REACH COMMERCIAL SUCCESS IN RECOGNIZED INNOVATION ZONES

  • POWER2PEER INC

    $25,000

    ASSIST START-UP WITH FUNDING AFTER PROOF-OF-CONCEPT STAGE HAS BEEN ACHIEVED IN ORDER TO REACH COMMERCIAL SUCCESS IN RECOGNIZED INNOVATION ZONES

  • ADVANCED GENE TRANSFER COMPANY

    $25,000

    ASSIST START-UP WITH FUNDING AFTER PROOF-OF-CONCEPT STAGE HAS BEEN ACHIEVED IN ORDER TO REACH COMMERCIAL SUCCESS IN RECOGNIZED INNOVATION ZONES

  • REVOPS RANGERS INC

    $25,000

    ASSIST START-UP WITH FUNDING AFTER PROOF-OF-CONCEPT STAGE HAS BEEN ACHIEVED IN ORDER TO REACH COMMERCIAL SUCCESS IN RECOGNIZED INNOVATION ZONES

  • TESROCH LLC

    $25,000

    ASSIST START-UP WITH FUNDING AFTER PROOF-OF-CONCEPT STAGE HAS BEEN ACHIEVED IN ORDER TO REACH COMMERCIAL SUCCESS IN RECOGNIZED INNOVATION ZONES

  • AROMATRUST

    $25,000

    ASSIST START-UP WITH FUNDING AFTER PROOF-OF-CONCEPT STAGE HAS BEEN ACHIEVED IN ORDER TO REACH COMMERCIAL SUCCESS IN RECOGNIZED INNOVATION ZONES

  • DATACICADA LLC

    $25,000

    ASSIST START-UP WITH FUNDING AFTER PROOF-OF-CONCEPT STAGE HAS BEEN ACHIEVED IN ORDER TO REACH COMMERCIAL SUCCESS IN RECOGNIZED INNOVATION ZONES

  • INGENID LLC

    $25,000

    ASSIST START-UP WITH FUNDING AFTER PROOF-OF-CONCEPT STAGE HAS BEEN ACHIEVED IN ORDER TO REACH COMMERCIAL SUCCESS IN RECOGNIZED INNOVATION ZONES

  • DEVUPS CO

    $25,000

    ASSIST START-UP WITH FUNDING AFTER PROOF-OF-CONCEPT STAGE HAS BEEN ACHIEVED IN ORDER TO REACH COMMERCIAL SUCCESS IN RECOGNIZED INNOVATION ZONES

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202431369349301583

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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