Form 990 for tax year 2023

Totals

Total revenue

$1,841,635

Total expenses

$1,334,748

Contributions and grants received

$1,841,454

Grants paid

$0

Program service revenue

$159

Investment income

$22

Other revenue

$0

Total assets, end of year

$787,690

Total liabilities, end of year

$54,791

Net assets or fund balances, end of year

$732,899

Program services expenses (Part IX)

$1,127,794

Management and general expenses

$41,742

Fundraising expenses

$165,212

Program service expenses (Part III)

$1,127,794

Program services were 84.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• See Schedule O.VETERANS: NextOp employment programming facilitates veterans' successful transition from military service to civilian careers as seamlessly as possible. The NextOp employment team works 1:1 with service members on career and industry identification, skill translation, upskill or reskill opportunities, resume development and refinement, and interview skills to help each candidate secure interviews and, ultimately, a career in the industry/company/specific role that they are seeking. Our candidates comprise the most diverse population within the Department of Defense - the middle enlisted ranks - and are uniquely positioned to bring their soft skills and world experiences to the private sector, but often lack the network, understanding of the industry and career options, and specific certifications to access interviews and hiring representatives without our help. NextOp bridges the gap for companies interested in veteran talent. Still, they need to learn how to directly access and connect with the population, especially before or as they depart the active-duty component.EVENTS: NextOp plans and hosts various seminars, workshops, and other programming events related to veteran workforce development, employment, networking, and corporate partner relationship management programming, typically throughout the country. MENTORSHIP: Military Candidates can easily register via our website and are assessed by our staff during a thorough intake. They are assigned to one of our employment coordinators, who coach and mentor them throughout the employment preparation and placement process - and beyond. Additionally, NextOp works closely to connect our candidates and their family members with other mentorship programs and resources to ensure a successful transition to the civilian community and workforce for themselves and their families. CORPORATE PARTNERS: NextOp's Corporate Partners are among the most well-respected industry companies that truly value military skills and experience. NextOp works with our Corporate Partners to develop a military-friendly work culture centered on establishing a veteran affinity group and streamlining military recruiting processes. NextOp meets companies where they are to support their veteran employment goals, whether consulting on establishing veteran hiring initiatives, evaluating past progress and establishing next steps, speaking to key stakeholder groups within companies to highlight the veteran employee value proposition, dispel any myths, etc. NextOp experienced a very successful 2023, setting records with all-time highs of 669 veterans placed at an average starting salary of $65,821 in 2023, an average salary increase of $3,478/5.6% over 2023.

  Expenses $1,127,794 · Revenue $159

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2023

Filed

11 July 2024

IRS schema version

2023v5.1

Source object

202421939349301752

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