2024-10-14T13:15:00-05:00 2023-12-31 522334868 GRANDIZIO WILKINS LITTLE & MATTHEWS 211 SCHILLING CIRCLE STE 188 HUNT VALLEY MD 21031 990 2023-01-01 272393482 NEXT ONE UP FOUNDATION INC NEXT 4104930101 PO BOX 22503 BALTIMORE MD 21203 MATTHEW HANNA FOUNDER & EXECUTIVE DIRECTOR 4104930101 2024-10-09 1 0 MARK GATZKE P01253254 4104940885 2023 2024-10-15 13:58:12Z JILL HEARD PO BOX 22503 BALTIMORE MD 21203 4951825 0 X HTTPS://WWW.NEXTONEUP.ORG/ X 2010 MD NEXT ONE UP FOUNDATION, INC. (THE ORGANIZATION") CREATES GENERATIONAL CHANGE IN BALTIMORE BY EMPOWERING YOUNG MEN AS SCHOLARS, LEADERS, AND ATHLETES. BEGINNING OPERATIONS IN NOVEMBER 2010, THE ORGANIZATION IS AN INNOVATIVE NONPROFIT PROVIDING YEAR-ROUND, MULTI-YEAR SERVICES SUCH AS OUT-OF-SCHOOL-TIME SUPPORT AND MENTORING, COLLEGE & CAREER COUNSELING, SUMMER WORK OPPORTUNITIES, INTERNSHIPS, AND FULL-TIME JOB PLACEMENTS. BY PROVIDING LONG-TERM MENTORING AND COACHING, THE ORGANIZATION HELPS YOUNG MEN CREATE A DYNAMIC VISION FOR THE FUTURE AND DISCOVER ECONOMIC MOBILITY PATHWAYS. THE ORGANIZATION IS CURRENTLY SERVING 150 YOUNG MEN RANGING IN AGE FROM 12-25. 11 11 13 0 0 0 2599581 4601491 0 0 9356 72674 0 135172 2608937 4809337 86005 49901 0 0 907478 1126526 0 0 246276 788064 1114826 1781547 2291253 827390 2518084 4697380 8814225 1580086 2109045 3117294 6705180 NEXT ONE UP TRANSFORMS THE LIVES OF YOUNG MEN IN BALTIMORE CITY BY SUPPORTING AND ADVANCING THEIR ACADEMIC, ATHLETIC AND SOCIAL DEVELOPMENT. 0 0 1693275 49901 NEXT ONE UP PROVIDES ADAPTIVE, MULTI-YEAR SUPPORT FOR YOUNG MEN FROM THEIR TEEN YEARS INTO THE EARLY YEARS OF A CAREER. MIDDLE AND HIGH SCHOOL SCHOLARS RECEIVE INTENSIVE OUT-OF-SCHOOL-TIME, SUPPORT, AND MENTORING THAT WILL HELP THEM GRADUATE HIGH SCHOOL AND MATRICULATE TO COLLEGE. BUT SUPPORT DOES NOT STOP AFTER HIGH SCHOOL GRADUATION. COLLEGE-GOERS RECEIVE ONGOING MENTORING AND COACHING, COMBINED WITH SUMMER WORK OPPORTUNITIES AND INTERNSHIP PLACEMENTS. OTHERS RECEIVE SUPPORT AND GUIDANCE TO BEGIN A CAREER IN THE TRADES. CAREER PROGRAMMING, INCLUDING COUNSELING, SKILLS DEVELOPMENT, AND JOB PLACEMENT, COMPLETES THE CONNECTIVE PROCESS OF GENERATIONAL CHANGE WITH A PROMISE OF UPWARD MOBILITY. 1693275 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MD X JILL HEARD 4104930101 PO BOX 22503 BALTIMORE MD 21203 CHRIS STEER ESQ BOARD CHAIR 1.00 X X 0 0 0 DARIUS JENNINGS VICE CHAIR 1.00 X X 0 0 0 MATT WYSKIEL TREASURER 1.00 X X 0 0 0 WALTER HILL SECRETARY 1.00 X X 0 0 0 DAVID FEDORCHAK DIRECTOR 1.00 X 0 0 0 KEVIN PORTER DIRECTOR 1.00 X 0 0 0 SCOTT SHERMAN ESQ DIRECTOR 1.00 X 0 0 0 JOHN SUNDER ESQ DIRECTOR 1.00 X 0 0 0 KELLY KEYES DIRECTOR 1.00 X 0 0 0 LOU KOUSOURIS DIRECTOR 1.00 X 0 0 0 CALVIN WISE DIRECTOR 1.00 X 0 0 0 MATTHEW HANNA EXECUTIVE DIRECTOR 40.00 X 224502 0 50000 224502 0 50000 1 0 1 0 0 1271422 3330069 40040 4601491 72674 72674 278820 142488 136332 136332 RENTAL INCOME 531190 1000 1000 GAIN(LOSS) ON SALE OF 900099 -2160 -2160 -1160 4809337 -1160 0 209006 49901 49901 274502 192152 54900 27450 741378 567198 76889 97291 51069 47976 349 2744 59577 43957 7748 7872 25842 25842 60963 60963 202849 106154 16695 80000 35792 10072 25720 39056 10176 24116 4764 28995 28995 238797 203902 34895 21773 2397 18941 435 5115 5115 56925 48607 8318 13094 1120 11974 STUDENT MEALS AND PROGR 193826 193826 WORKFORCE DEVELOPMENT 89059 89059 STUDENT EXPENSE & FAMIL 71868 71868 CLOTHING & EQUIPMENT 25372 25372 5500 5500 2291253 1693275 351702 246276 406632 5904 2350671 1995673 250267 2392227 18244 32687 14903 3085768 55820 190954 3029948 18096 1466169 1339230 4697380 8814225 79737 104720 620127 1500349 1384198 1580086 2109045 X 1437024 4074599 1680270 2630581 3117294 6705180 4697380 8814225 2518084 1069802 0 X X 0 1 X 1 0 X 863683 1143321 2347805 2599581 4601491 11555881 863683 1143321 2347805 2599581 4601491 11555881 1341634 10214247 4463 2490 409 9201 73674 90237 136332 136332 11782450 0.86690 0.82660 X 0.82660 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60000 0 0 0 0 0 0 1 60000 0 0 60000 0 PART I-A, LINE 1: LOBBYING AND PUBLIC RELATIONS SERVICES WERE RETAINED TO ASSIST ACCESSING GRANTS AND MONIES FROM THE STATE OF MARYLAND. 2957419 49290 2908129 59985 3686 56299 68364 2844 65520 3029948 SECURITY DEPOSITS 52231 RIGHT OF USE ASSETS 1286999 1339230 RIGHT OF USE LIABILITY 1384198 1384198 X 4951825 0 4951825 -142488 -142488 4809337 2433741 0 2433741 -142488 -142488 2291253 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE ORGANIZATION'S EVALUATION ON DECEMBER 31, 2023 REVEALED NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE PREVIOUS THREE (3) TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE IRS. THE ORGANIZATION DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES PART XI, LINE 4B - OTHER ADJUSTMENTS: EVENT EXPENSES - DIRECT BENEFITS TO DONORS PART XII, LINE 4B - OTHER ADJUSTMENTS: EVENT EXPENSES - DIRECT BENEFITS TO DONORS PART XI, LINE 4B: DURING 2023, MANAGEMENT DISCOVERED THAT PROMISES TO GIVE WERE NOT RECORDED ON THE STATEMENT OF FINANCIAL POSITION, STATEMENT OF ACTIVITIES, AND CHANGES IN NET ASSETS FOR THE YEAR ENDED DECEMBER 31, 2022. ANNUAL EVENT 278820 278820 142488 278820 278820 142488 142488 136332 1 TUITION ASSISTANCE 49901 0 PART 1, LINE 2: 14 STUDENTS RECEIVED SCHOLARSHIPS OR TUITION ASSISTANCE IN THE AMOUNT OF $49,901 WHICH WAS PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION. X 0 0 0 0 0 0 0 1 0 MATTHEW HANNA EXECUTIVE DIRECTOR 149502 0 75000 0 0 0 50000 0 0 0 274502 0 0 0 PART I, LINE 7 THE FOUNDER AND CEO WAS AWARDED A $125,000 BONUS FOR THE SUCCESSFUL COMPLETION OF THE BASE CAMP CONTRUCTION AND GRAND OPENING. OF THE TOTAL, $50,000 WILL BE PAID IN 2024. THE BONUS WAS APPROVED UNANIMOUSLY BY THE BOARD. X CONSTRUCTION DESIGN SERVICES 1 20000 FMV X SUPPLIES 1 8640 FMV X SIGNAGE AND GRAPHICS 1 6500 FMV X PUBLIC RELATION SERVICES 1 4900 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES A COPY OF THE 990 TO THE ENTIRE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO REVIEW AND AGREE TO THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. DISCLOSURES ARE REVIEWED AND UPDATED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT INCLUDES A REVEIW AND APPROVAL BY THE BOARD OF DIRECTORS AS PART OF THE ANNUAL BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS REVIEW OR SELECTION PROCESS DURING THE YEAR.