Civic Intelligence

The Next Generation Initiative

990EZ • Fiscal year 2012 • EIN 02-0568169

Jan 01, 2012 to Dec 31, 2012 • Filed on Apr 08, 2013

Organization Profilewww.hellenext.org
4863 North 28th Street22207
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

12th percentile

-30%

Higher net margin than 12% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

6th percentile

-63%

Faster asset growth than 6% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

56th percentile

4.7%

Faster revenue growth than 56% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2012

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$44,772

Down $77,570 (-63%) from 2011

Net Assets

Down

$44,772

Down $48,103 (-52%) from 2011

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin12th percentile

Revenue

$159,134

No earlier filing loaded for comparison.

Expenses

Up

$207,237

Up $29,838 (+17%) from 2011

Net Income

-$48,103

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0-$50KAssets 2010: $85,897Liabilities 2010: $26,290Net Assets 2010: $59,6072010Assets 2011: $122,342Liabilities 2011: $29,467Net Assets 2011: $92,8752011Assets 2012: $44,772Net Assets 2012: $44,7722012Assets 2013: $7,571Liabilities 2013: $3,099Net Assets 2013: $4,4722013Assets 2014: $18,423Liabilities 2014: $7,322Net Assets 2014: $11,1012014Assets 2015: $9,299Liabilities 2015: $11,785Net Assets 2015: -$2,4862015

Highlighted filing

2012

Assets$44,772
Liabilities-
Net Assets$44,772
Open 2012 Filing

Operations Trend

Revenue Growth56th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $145,166Expenses 2010: $114,220Net Income 2010: $30,9462010Expenses 2011: $177,3992011Revenue 2012: $159,134Expenses 2012: $207,237Net Income 2012: -$48,1032012Revenue 2013: $64,651Expenses 2013: $104,951Net Income 2013: -$40,3002013Revenue 2014: $72,985Expenses 2014: $66,356Net Income 2014: $6,6292014Revenue 2015: $57,375Expenses 2015: $71,186Net Income 2015: -$13,8112015

Highlighted filing

2012

Revenue$159,134
Expenses$207,237
Net Income-$48,103
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Apr 8, 2013
Return Version
2012v2.0
Mission and Program Overview

Mission

Education and professional development of youth

Filing and Contact Details

Filer

EIN
02-0568169
Raw XML Appendix195 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/CashSavingsAndInvestments/EOY039600
IRS990EZ/ContributionsGiftsGrantsEtc0159124
IRS990EZ/CostOfGoodsSold00
IRS990EZ/CostOtherBasisAndSalesExpenses00
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear0-48103
IRS990EZ/FeesAndOthPymtToIndContractors0124672
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/FundraisingGrossIncome00
IRS990EZ/GainOrLossFromSaleOfAssets00
IRS990EZ/GamingGrossIncome00
IRS990EZ/GrantsAndSimilarAmountsPaid05225
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IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
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IRS990EZ/NetAssetsOrFundBalancesEOY044772
IRS990EZ/OccupancyRentUtilitiesAndMaint010125
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition040.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition140.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition22.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition31.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition41.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition51.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition61.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition71.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition81.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation50
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation60
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation70
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation80
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0LEON PSTAVROU
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1WILLIAM R SHUYLER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2BARBARA SPYRIDON POPE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3MICHAEL EVDEMON II
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4FATHER ALEXANDER KARLOUTAS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName5PETE KOTSATOS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName6DR JAMES F DIMITRIOU N
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName7GREGORY MANIATIS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName8DIANE EKONOMOU
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title8DIRECTOR
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherAssetsTotal/BOY01625
IRS990EZ/OtherAssetsTotal/EOY05172
IRS990EZ/OtherExpensesTotal067003
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0Education and professional development of youth
IRS990EZ/PrintingPublicationsPostage0212
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0GREEKS GIVE BACK CHALLENGE -A NATIONAL COMPETITION TO RECOGNIZE GREEK-AMERICAN STUDENTS ACTIVE IN THEIR LOCAL COMMUNITIES. STUDENT TEAMS FROM UNIVERSITIES WERE INVITED TO SUBMIT PROPOSALS FOR PROJECTS THEY WILL UNDERTAKE IN THEIR LOCAL COMMUNITIES. GRANTS AWARDED.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom1INTERNSHIP/MENTORING PROGRAM - PROVIDE VALUABLE OPPORTUNITIES TO U.S. UNIVERSITY UNDERGRADUATE AND GRADUATE STUDENTS TO GET HANDS-ON WORK EXPERIENCE WHILE STILL IN COLLEGE BY WORKING TOGETHER WITH PROFESSIONALS
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom2MASTER CLASS PROGRAM - NATIONWIDE EDUCATIONAL AND MENTORING PROGRAM THAT BRINGS LEADERS AND EXPERTS TOGETHER WITH UNIVERSITY STUDENTS TO SHARE THEIR INSIDER'S VIEW ON CAREERS AND TRENDS IN AN ARRAY OF FIELDS, TO OFFER THEIR INSIGHTS ON LEADERSHIP,
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom3NATIONAL RESEARCH STUDY & ATHENS FELLOW PROGRAM -
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations04425
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses038425
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses134000
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses269000
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses312000
IRS990EZ/ProgramServiceRevenue00
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/SpecialEventsDirectExpenses00
IRS990EZ/SpecialEventsNetIncomeLoss00
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY029467
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine104863 NORTH 28 TH STREET
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0ARLINGTON
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0VA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode022207
IRS990EZ/TheBooksAreInCareOf/NamePerson0LEON P STAVROU
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber07033605119
IRS990EZ/TotalAssets/BOY0122342
IRS990EZ/TotalAssets/EOY044772
IRS990EZ/TotalExpenses0207237
IRS990EZ/TotalProgramServiceExpenses0153425
IRS990EZ/TotalRevenue0159134
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0www.hellenext.org
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear0159051
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0210465
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0145164
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years087675
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0145575
IRS990ScheduleA/GiftsGrantsContribReceived170/Total0747930
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear010
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year02
IRS990ScheduleA/GrossInvestmentIncome170/Total012
IRS990ScheduleA/InvestmentIncomePercentage00
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPercentage50900
IRS990ScheduleA/PublicSupportPertcentage17001.00000
IRS990ScheduleA/PublicSupportPertcentPriorYear01.00000
IRS990ScheduleA/PublicSupportTotal1700747930
IRS990ScheduleA/PublicSupportTotal50900
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IRS990ScheduleA/Total170/CurrentTaxYear0159051
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year0210465
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years0145164
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years087675
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0145575
IRS990ScheduleA/Total170/Total0747930
IRS990ScheduleA/TotalSupport0747942
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990ScheduleO/GeneralExplanation/Explanation0EXECUTIVE DIRECTOR LEON P. STAVROU AND DIRECTOR WILLIAM R. SHUYLER
IRS990ScheduleO/GeneralExplanation/Explanation1SHARE A FINANCIAL INTEREST IN OUTSIDE CONSULTANT HELLENEXT LLC.
IRS990ScheduleO/GeneralExplanation/Explanation2EXECUTIVE DIRECTOR AND TAX RETURN PREPARER REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Explanation3TAX RETURN AND GENERALLY CONSULT WITH ONE OTHER DIRECTOR.
IRS990ScheduleO/GeneralExplanation/Explanation4IN ADDITION TO VOLUNTEER SERVICES PROVIDED BY ITS
IRS990ScheduleO/GeneralExplanation/Explanation5DIRECTORS, THE NEXT GENERATION INITIATIVE PAYS
IRS990ScheduleO/GeneralExplanation/Explanation6OUTSIDE CONSULTANTS TO PROVIDE ADDITIONAL MANAGEMENT
IRS990ScheduleO/GeneralExplanation/Explanation7AND PROFESSIONAL SERVICES. ONE OF THESE CONSULTANTS,
IRS990ScheduleO/GeneralExplanation/Explanation8HELLENEXT LLC, IS A PRIVATE CONSULTANCY IN WHICH TWO
IRS990ScheduleO/GeneralExplanation/Explanation9DIRECTORS, LEON P. STAVROU AND WILLIAM R. SHUYLER,
IRS990ScheduleO/GeneralExplanation/Explanation10HAVE A SHARED FINANCIAL INTEREST.
IRS990ScheduleO/GeneralExplanation/Explanation11GREEKS GIVE BACK CHALLENGE PROGRAM -GGB UNIVERSITY TEAMS AWARDS NONE 4425. CONTRIBUTIONS TO OTHER CHARITABLE ORGANIZATIONS CHARITABLE DONATIONS GAEPIS, U.T. AUSTIN, HELLENIC BIO-SCIENTIFIC ASSN NONE 300. PHILANTHROPY - EDUCATIONAL ASSISTANCE EDUCATIONAL ASSISTANCE DODY TSINTAR NONE 500.
IRS990ScheduleO/GeneralExplanation/Explanation12BANK SERVICE FEES 1037. BUSINESS REGISTRATION FEES 475. TRAVEL 3648. TELEPHONE 1577. CONVENTIONS AND MEETINGS 1300. MEALS 701. OFFICE SUPPLIES 613. SPECIAL EVENTS 6598. WEBSITE 42979. AUTO AND PARKING 1352. OTHER COSTS 701. PHOTOGRAPHY 350. CATERING - SPECIAL EVENTS 1985. PRINTING AND COPYING 740. FINANCIAL CHARGES 908. BUSINESS REGISTRATION FEES INSURANCE 900. PHOTOGRAPHY AND GRAPHIC DESIGN AUTO AND PARKING MEALS DEPRECIATION 1139.
IRS990ScheduleO/GeneralExplanation/Explanation13COMPUTER 4686-1139 3547. TRADEMARK 1625. OTHER ASSETS 1625. 0.
IRS990ScheduleO/GeneralExplanation/Explanation14CREDIT LINES ACCOUNTS PAYABLE AND ACCRUED EXPENSES 29467. 0.
IRS990ScheduleO/GeneralExplanation/Explanation15ATHENS FELLOW PROGRAM - CHARITABLE STUDENT PROGRAMS - A NEXT GENERATION INITIATIVE
IRS990ScheduleO/GeneralExplanation/Identifier0Pt VI, Line 2
IRS990ScheduleO/GeneralExplanation/Identifier1Pt VI, Line 11a
IRS990ScheduleO/GeneralExplanation/Identifier2FORM 990, PART VII
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990EZ, Part I, Line 10
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990EZ, Part II, Line 24
IRS990ScheduleO/GeneralExplanation/Identifier6Form 990EZ, Part II, Line 26
IRS990ScheduleO/GeneralExplanation/Identifier7Form 990, Part III, Line 4d
ReasonableCauseExplanation/Explanation0THE NEXT GENERATION INITIATIVE HAS FAITHFULLY FILED ITS FORM 990 INCOME TAX RETURN SINCE ITS INCEPTION IN MARCH 2002 UTILIZING THE SERVICES OF THE SAME TAX ATTORNEY, ALBERT J. SCHIBANI. THIS YEAR MR. SCHIBANI WAS CERTAIN THAT THE EXTENSION HAD BEEN TIMELY FILED AND THUS ASSURED THE ORGANIZATION THAT THE EXTENSION HAD BEEN FILED. UNFORTUNATELY, MR. SCHIBANI HAS NOT BEEN ABLE TO LOCATE EVIDENCE OF THE EXTENSION FILING. WE BELIEVE THAT THE INADVERTENT FAILURE TO EXTEND RESULTED FROM EITHER A COMPUT
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0020568169
ReturnHeader/Filer/Name/BusinessNameLine10THE NEXT GENERATION INITIATIVE
ReturnHeader/Filer/NameControl0NEXT
ReturnHeader/Filer/Phone02023605119
ReturnHeader/Filer/USAddress/AddressLine104863 NORTH 28TH STREET
ReturnHeader/Filer/USAddress/City0ARLINGTON
ReturnHeader/Filer/USAddress/State0VA
ReturnHeader/Filer/USAddress/ZIPCode022207
ReturnHeader/Officer/DateSigned02013-04-08
ReturnHeader/Officer/Name0LEON P STAVROU
ReturnHeader/Officer/Phone02023605119
ReturnHeader/Officer/Title0EXECUTIVE DIRECTOR
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10SCHIBANI LAW ASSOCIATES LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10PO BOX 603
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0ANNANDALE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0VA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode022003
ReturnHeader/Preparer/Name0ALBERT J SCHIBANI
ReturnHeader/Preparer/Phone07038453628
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-08-06T21:24:37-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$44,772
Liabilities
-
Net assets
$44,772
Revenue
$159,134
Expenses
$207,237
Net income
-$48,103
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.12$0.02$0.57$0.71$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.07$0.11$0.73$0.66$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.03$0.04$0.65$1.05$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.45$1.59$2.07$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.29$0.93$1.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.26$0.60$1.45$1.14$0.31