Totals
- Total revenue
- $922,582
- Total expenses
- $818,661
- Contributions and grants received
- $770,940
- Grants paid
- $0
- Program service revenue
- $142,546
- Investment income
- $5,051
- Other revenue
- $4,045
- Total assets, end of year
- $802,693
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $802,693
- Program services expenses (Part IX)
- $573,060
- Management and general expenses
- $204,667
- Fundraising expenses
- $40,934
- Program service expenses (Part III)
- $573,060
Program services were 70.0% 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.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$106,395
-
1e · Government grants (contributions)
$180,405
-
1f · All other contributions, gifts and grants
$484,140
-
2a · Program service revenue: ACCELERATE VENTURE PAR
total $142,546 · related or exempt $142,546
-
3 · Investment income
total $5,051 · excluded $5,051
-
11a · Other revenue: EVENT REVENUE
total $2,515 · related or exempt $2,515
-
11b · Other revenue: CREDIT CARD REWARDS
total $1,530 · related or exempt $1,530
-
11e · Other revenue, total
$4,045
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $145,364 · program services $101,755 · management and general $36,341 · fundraising $7,268
-
7 · Other salaries and wages
total $302,146 · program services $211,502 · management and general $75,537 · fundraising $15,107
-
9 · Other employee benefits
total $31,284 · program services $21,899 · management and general $7,821 · fundraising $1,564
-
10 · Payroll taxes
total $37,436 · program services $26,205 · management and general $9,359 · fundraising $1,872
-
11b · Fees: legal
total $143 · program services $100 · management and general $36 · fundraising $7
-
11c · Fees: accounting
total $43,142 · program services $30,199 · management and general $10,786 · fundraising $2,157
-
11g · Fees: other
total $60,568 · program services $42,398 · management and general $15,142 · fundraising $3,028
-
12 · Advertising and promotion
total $22,733 · program services $15,913 · management and general $5,683 · fundraising $1,137
-
13 · Office expenses
total $9,199 · program services $6,439 · management and general $2,300 · fundraising $460
-
14 · Information technology
total $6,786 · program services $4,750 · management and general $1,697 · fundraising $339
-
16 · Occupancy
total $34,053 · program services $23,837 · management and general $8,513 · fundraising $1,703
-
17 · Travel
total $52,752 · program services $36,926 · management and general $13,188 · fundraising $2,638
-
19 · Conferences, conventions and meetings
total $6,995 · program services $4,896 · management and general $1,749 · fundraising $350
-
23 · Insurance
total $3,280 · program services $2,296 · management and general $820 · fundraising $164
-
24a · Other expenses: PROGRAMMING & EVENTS
total $32,236 · program services $22,565 · management and general $8,059 · fundraising $1,612
-
24b · Other expenses: WICHITA STARTUP WEEK
total $23,113 · program services $16,179 · management and general $5,778 · fundraising $1,156
-
24c · Other expenses: MISCELLANEOUS EXPENSE
total $4,756 · program services $3,329 · management and general $1,189 · fundraising $238
-
24d · Other expenses: BANKING
total $1,232 · program services $862 · management and general $308 · fundraising $62
-
24e · All other expenses
total $1,443 · program services $1,010 · management and general $361 · fundraising $72
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $172,844 · end of year $149,200
-
2 · Savings and temporary cash investments
beginning of year $428,326 · end of year $519,617
-
3 · Pledges and grants receivable
beginning of year $49,899 · end of year $57,500
-
4 · Accounts receivable
end of year $30,176
-
10a · Land, buildings and equipment: cost or other basis
$40,459
-
10b · Land, buildings and equipment: accumulated depreciation
$40,459
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $49,200 · end of year $49,200
-
15 · Other assets
beginning of year $0 · end of year -$3,000
-
27 · Net assets without donor restrictions
beginning of year $700,269 · end of year $802,693
Mission and programs · 2024
Mission
NXTUS' MISSION IS TO BE THE CENTER-OF-GRAVITY TO ACCELERATE THE WICHITA ENTREPRENEURIAL ECOSYSTEM BY HAVING SEASONED ENTREPRENEURS INSPIRE, MENTOR, AND INVEST IN THE NEXT GENERATION OF ENTREPRENEURS.
Activities or mission (Part I)
NXTUS, INC. IS A COMMUNITY DRIVEN ORGANIZATION THAT EDUCATES, MENTORS, INCUBATES AND ACCELERATES ASPIRING ENTREPRENEURS AND ENTREPRENEURIAL COMPANIES.
-
IMPLEMENTATION OF THE NXTUS ACCELERATOR INCLUDING THE COMMUNITY HEALTH AND VIBRANCY COHORT, CUSTOMER TRACTION COHORT, FINTECH PILOT COMPETITION, AND THE ENTERPRISE ENGAGEMENT SERIES.
Expenses $573,060 · Revenue $146,591
As filed on the 2024 return.
Listed in Part VII
-
Josh OedingJOSH OEDING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Trish BrastedTRISH BRASTED
TREASURER
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Luis RodriguezLUIS RODRIGUEZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Gary ObornyGARY OBORNY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Abel FredericABEL FREDERIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Erik PedersenERIK PEDERSEN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
John MessmanJOHN MESSMAN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
V Kaye Monk-MorganV KAYE MONK-MORGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Tonya WitherspoonTONYA WITHERSPOON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Evan RosellEVAN ROSELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Mary Beth JarvisMARY BETH JARVIS
PRESIDENT/CEO
- Total calculated
- $145,364
- From this org
- $123,250
- From related orgs
- $0
- Other
- $22,114
- Hours/week
- 35 + 5 related
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.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
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.
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 corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
NXTUS HOLDINGS INC
C · INVESTMENT HOLDING · KS · 100% owned · share of income $5,805 · share of assets $56,089 · controlled entity
Directly controlled by NXTUS INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533189349304968
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