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Nonprofit · EIN 27-2393482

NEXT ONE UP FOUNDATION INC

Tax-exempt · TOWSON, MD 21204

Financials

$4.8M$2.3M2023$2.2M$2M2024
Revenue Expenses · by fiscal year end
Financials of NEXT ONE UP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,178,928$2,024,654$154,274$8,311,566$1,327,998$6,983,568
December 31, 2023990$4,809,337$2,291,253$2,518,084$8,814,225$2,109,045$6,705,180
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,056,354
of which government grants
$500,000
Program service revenue
$0
Investment income
$89,020
Net income from fundraising events
$33,554
Other revenue
$33,554

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$242,162
Other salaries and wages
$527,003
Salaries, compensation and benefits (total)
$884,149
Professional fundraising fees
$0
Accounting fees
$23,000
Occupancy
$233,160
Travel
$18,289
Depreciation
$318,134
Program services (functional)
$1,418,882
Management and general (functional)
$271,412
Fundraising (functional)
$334,360

Balance sheet and other

Total assets, start of year
$8,814,225
Total assets, end of year
$8,311,566
Total liabilities, end of year
$1,327,998
Net assets, end of year
$6,983,568
Land, buildings and equipment
$2,717,365
Publicly traded securities
$871,839
Net assets without donor restrictions
$5,921,080
Net assets with donor restrictions
$1,062,488
Gross receipts
$2,179,374
Employees
12
Volunteers
35
Year formed
2010
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MATTHEW HANNAEXECUTIVE DIRECTOR
Trustee or director, Officer
40$242,162
RYAN POTTERDEPUTY CEO
Key employee
40$174,230
SHEL SIMONSR PROGRAMMING DIRECTOR
Highest-paid employee
40$104,579
CHRIS STEER ESQDIRECTOR
Trustee or director
1$0
DARIUS JENNINGSDIRECTOR
Trustee or director
1$0
MATT WYSKIELTREASURER
Trustee or director, Officer
1$0
SHERROD DAVISDIRECTOR
Trustee or director
1$0
PETER GRIFFINDIRECTOR
Trustee or director
1$0
KEVIN PORTERSECRETARY
Trustee or director, Officer
1$0
SCOTT SHERMAN ESQVICE CHAIR
Trustee or director, Officer
1$0
TJ KIELTYDIRECTOR
Trustee or director
1$0
KELLY KEYESDIRECTOR
Trustee or director
1$0
LOU KOUSOURISBOARD CHAIR
Trustee or director, Officer
1$0
CALVIN WISEDIRECTOR
Trustee or director
1$0
ALEX MCCORDDIRECTOR
Trustee or director
1$0
2 more people on this return
NameTitleHours / weekCompensation
JEFF CAPLESDIRECTOR
Trustee or director
1$0
CHARLIES CONSTABLEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
MATTHEW HANNAEXECUTIVE DIRECTOR
Officer
40$224,502$50,000
CHRIS STEER ESQBOARD CHAIR
Trustee or director, Officer
1$0$0
DARIUS JENNINGSVICE CHAIR
Trustee or director, Officer
1$0$0
MATT WYSKIELTREASURER
Trustee or director, Officer
1$0$0
WALTER HILLSECRETARY
Trustee or director, Officer
1$0$0
DAVID FEDORCHAKDIRECTOR
Trustee or director
1$0$0
KEVIN PORTERDIRECTOR
Trustee or director
1$0$0
SCOTT SHERMAN ESQDIRECTOR
Trustee or director
1$0$0
JOHN SUNDER ESQDIRECTOR
Trustee or director
1$0$0
KELLY KEYESDIRECTOR
Trustee or director
1$0$0
LOU KOUSOURISDIRECTOR
Trustee or director
1$0$0
CALVIN WISEDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
502 WASHINGTON AVE STE 715, TOWSON, MD 21204-4547
In care of
% MATTHEW HANNA
Mailing address (990-N for 2011)
414 S PATTERSON PARK AVENUE, BALTIMORE MD 21231
Principal officer (990 for 2024)
JILL HEARD, PO BOX 22503, BALTIMORE, MD 21203
Principal officer (990-N for 2011)
MATTHEW HANNA, 414 S PATTERSON PARK AVENUE, BALTIMORE MD 21231
Signed the 990
MATTHEW HANNA, CFO
Phone
(410) 493-0101
Return prepared by
GRANDIZIO WILKINS LITTLE & MATTHEWS

Mission

NEXT ONE UP TRANSFORMS THE LIVES OF YOUNG MEN IN BALTIMORE CITY BY SUPPORTING AND ADVANCING THEIR ACADEMIC, ATHLETIC AND SOCIAL DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $1,418,882

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-2393482
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,311,566
Income (IRS master file)
$2,179,374

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,178,928$2,024,654$8,311,566XML
990December 2023$4,809,337$2,291,253$8,814,225XML
990December 2022$2,608,937$1,781,547$4,697,380IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2011
Officer: MATTHEW HANNA
December 31, 2011≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2393482).

Questions about NEXT ONE UP FOUNDATION INC

What is the EIN of NEXT ONE UP FOUNDATION INC?
The employer identification number (EIN) of NEXT ONE UP FOUNDATION INC is 27-2393482.
Is NEXT ONE UP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to NEXT ONE UP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEXT ONE UP FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEXT ONE UP FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEXT ONE UP FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEXT ONE UP FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JILL HEARD.
Who are the officers and directors of NEXT ONE UP FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 17 people; 3 received compensation from the organization, the highest $242,162 (MATTHEW HANNA, EXECUTIVE DIRECTOR).
How much revenue does NEXT ONE UP FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,178,928, expenses of $2,024,654 and total assets of $8,311,566 at year end.

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