Civic Intelligence

Next City Inc.

990 • Fiscal year 2014 • EIN 22-3886361

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 21, 2015

Organization ProfileNEXTCITY.ORG
1500 Jfk Boulevard No 1220Philadelphia, PA 19102

(267) 239-0762

Siviq Scores

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

Liabilities / Assets

29th percentile

0.02x

Higher debt load relative to assets than 29% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

65th percentile

$89,268

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

95th percentile

78%

Faster asset growth than 95% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

91st percentile

69%

Faster revenue growth than 91% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets29th percentile

Assets

Up

$1,692,233

Up $739,322 (+78%) from 2013

Net Assets

Up

$1,659,116

Up $815,091 (+97%) from 2013

Liabilities

Down

$33,117

Down $75,769 (-70%) from 2013

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin87th percentile

Revenue

Up

$2,253,662

Up $922,051 (+69%) from 2013

Expenses

Up

$1,438,571

Up $312,608 (+28%) from 2013

Net Income

Up

$815,091

Up $609,443 (+296%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $75,098Liabilities 2010: $60,635Net Assets 2010: $14,4632010Assets 2011: $269,615Liabilities 2011: $65,836Net Assets 2011: $203,7792011Assets 2012: $706,372Liabilities 2012: $67,995Net Assets 2012: $638,3772012Assets 2013: $952,911Liabilities 2013: $108,886Net Assets 2013: $844,0252013Assets 2014: $1,692,233Liabilities 2014: $33,117Net Assets 2014: $1,659,1162014Assets 2015: $1,177,534Liabilities 2015: $22,922Net Assets 2015: $1,154,6122015Assets 2016: $1,303,810Liabilities 2016: $33,045Net Assets 2016: $1,270,7652016Assets 2017: $876,299Liabilities 2017: $35,937Net Assets 2017: $840,3622017Assets 2018: $500,940Liabilities 2018: $17,689Net Assets 2018: $483,2512018Assets 2019: $287,665Liabilities 2019: $41,785Net Assets 2019: $245,8802019Assets 2020: $362,008Liabilities 2020: $50,347Net Assets 2020: $311,6612020Assets 2021: $306,037Liabilities 2021: $57,079Net Assets 2021: $248,9582021Assets 2022: $580,582Liabilities 2022: $89,241Net Assets 2022: $491,3412022Assets 2023: $785,431Liabilities 2023: $52,202Net Assets 2023: $733,2292023Assets 2024: $1,279,535Liabilities 2024: $244,446Net Assets 2024: $1,035,0892024

Highlighted filing

2014

Assets$1,692,233
Liabilities$33,117
Net Assets$1,659,116
Open 2014 Filing

Operations Trend

Revenue Growth91st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $529,2972010Expenses 2011: $192,6232011Revenue 2012: $841,788Expenses 2012: $407,190Net Income 2012: $434,5982012Revenue 2013: $1,331,611Expenses 2013: $1,125,963Net Income 2013: $205,6482013Revenue 2014: $2,253,662Expenses 2014: $1,438,571Net Income 2014: $815,0912014Revenue 2015: $521,820Expenses 2015: $1,026,324Net Income 2015: -$504,5042015Revenue 2016: $1,670,399Expenses 2016: $1,554,246Net Income 2016: $116,1532016Revenue 2017: $768,150Expenses 2017: $1,198,553Net Income 2017: -$430,4032017Revenue 2018: $741,609Expenses 2018: $1,098,720Net Income 2018: -$357,1112018Revenue 2019: $859,618Expenses 2019: $1,096,989Net Income 2019: -$237,3712019Revenue 2020: $1,058,886Expenses 2020: $986,606Net Income 2020: $72,2802020Revenue 2021: $1,057,776Expenses 2021: $1,120,478Net Income 2021: -$62,7022021Revenue 2022: $1,444,228Expenses 2022: $1,201,845Net Income 2022: $242,3832022Revenue 2023: $1,417,686Expenses 2023: $1,187,536Net Income 2023: $230,1502023Revenue 2024: $1,794,873Expenses 2024: $1,493,013Net Income 2024: $301,8602024

Highlighted filing

2014

Revenue$2,253,662
Expenses$1,438,571
Net Income$815,091
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 21, 2015
Return Version
2014v5.0
Gross Receipts
$2,253,662
Mission and Program Overview

Mission

See part iii line 4a for details.

To inspire social, economic & environmental change in cities by creating media & events around the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$325,000$1,201,667▲ $876,667
Cash and Non-Interest-Bearing Accounts$167,917$296,550▲ $128,633
Savings and Temporary Cash Investments$410,022$150,081▼ $259,941
Land, Buildings, and Equipment, Net$32,585$25,051▼ $7,534
Prepaid Expenses and Deferred Charges$1,798$7,992▲ $6,194
Accounts Receivable$11,989$3,727▼ $8,262
Total Assets$952,911$1,692,233▲ $739,322
Other Assets Total$3,600$7,165▲ $3,565
Liabilities
Accounts Payable and Accrued Expenses$90,617$28,117▼ $62,500
Deferred Revenue$18,269$5,000▼ $13,269
Total Liabilities$108,886$33,117▼ $75,769
Net Assets / Fund Balance
Temporarily Rstr Net Assets$885,521$1,464,538▲ $579,017
Unrestricted Net Assets$-41,496$194,578▲ $236,074
Total Net Assets Fund Balance$844,025$1,659,116▲ $815,091
Total Liabilities and Net Assets / Fund Balance$952,911$1,692,233▲ $739,322

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,051$19,766$44,817
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Diana M LindEditor-in-chief (til 12/4/14)FT$84,000$5,268$89,268

Board Members and Trustees

NameTitle
Jess ZimbabweChair
Barin NahviBoard Member
Bruce KatzBoard Member
Eric ShawBoard Member
Eugenie BirchBoard Member
Tamar ShapiroBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,184,299
Program Service Revenue
$68,177
Investment Income
$65
Other Revenue
$1,121
All Other Contributions
$2,184,299
Change in Net Assets
$815,091

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,253,662
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,253,662
Total Revenue per Form 990
$2,253,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$927,189
Salaries, Compensation, and Employee Benefits$511,382
Total Fundraising Expense$135,321
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$214,675$71,929$49,714$336,318
Conferences and Meetings$314,397$4,078-$318,475
Current Officers, Directors, Trustees, and Key Employees$26,780$17,854$44,634$89,268
Information Technology$28,918$10,661$11,019$50,598
Payroll Taxes$26,506$9,805$10,134$46,445
Other Employee Benefits$23,884$8,365$7,102$39,351
Occupancy$17,623$6,520$6,738$30,881
Fees for Services Other$1,986$26,434-$28,420
Office Expenses$9,074$3,839$2,769$15,682
Depreciation Depletion$5,958$2,204$2,278$10,440
Advertising$3,601$2,733$807$7,141
Insurance$2,109$780-$2,889
Travel$1,731$742-$2,473
Fees for Services Legal-$1,394-$1,394
Other Expenses$331$170$126$627
Total Functional Expenses$1,132,492$170,758$135,321$1,438,571

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,438,571
Total Expenses per Audited Statements$1,438,571
Total Expenses per Form 990$1,438,571
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Governing board review of form 990 prior to its filing, a copy of final form 990 is provided to each voting member of governing board for review.”

Form 990, Part VI, Section B, Line 12C

“Monitoring and enforcement of conflicts policy when there is an apparent conflict of interest, for example between a writer and a subject or a board member and a funder, the organization reviews the conflict of interest policy, determines if there is a conflict of interest or not, and if so, asks the writer, board member, etc. To recuse him or herself from the situation.”

Form 990, Part VI, Section B, Line 15A

“Process for determining officer's compensation the board of directors has determined the executive director's compensation by comparing compensation packages for leaders of other non-profit organizations of similar size, as well as other similar executive director's compensation with similar experience and background. The board of directors also takes into account the executive director's estimate for annual revenue expected to be generated when considering the executive director's compensation.”

Form 990, Part VI, Section C, Line 19

“Public availability of other documents copies of the organization's governing documents, financial statements and form 990 will be provided on request, and they are also available for inspection at the organization's business office located in philadelphia, pennsylvania.”

Filing and Contact Details

Filer

Filer Name
Next City Inc
EIN
22-3886361
Phone
2672390762
Address
1500 JFK BOULEVARD NO 1220, PHILADELPHIA, PA 19102

Signing Officer

Name
Tom Dallessio
Title
President, CEO & Publisher
Phone
2672390762
Signed
2015-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Dallessio
Formed
2002
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
12
Volunteers
6

Preparer

Firm
Bbd Llp
Address
1835 MARKET STREET 26TH FLOOR, PHILADELPHIA, PA 19103
Preparer
Jennifer Solot
Phone
2155677770
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Uncertain tax positions under asc 740 gaap requires entities to evaluate, measure, recognize and disclose any uncertain income tax positions taken on their tax returns. Gaap prescribes a minimum threshold that a tax posiiton is required to meet in order to be recognized in the financial statements. The organization believes that it had no uncertain tax positions as defined in gaap. The organization's tax returns for the years ended december 31, 2011, 2012 and 2013 are subject to examination by the internal revenue service and other various taxing authorities.”

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IRS990/Desc0NEXT CITY, INC. IS A NON-PROFIT ORGANIZATION WITH A MISSION TO INSPIRE SOCIAL, ECONOMIC AND ENVIRONMENTAL CHANGE IN CITIES BY CREATING MEDIA AND EVENTS AROUND THE WORLD. THE VISION OF THE ORGANIZATION IS FOR A WORLD IN WHICH CITIES ARE NOT IN CRISIS AND ARE, INSTEAD, LEADING THE WAY TOWARDS A MORE SUSTAINABLE, EQUITABLE FUTURE. THE ORGANIZATION PROVIDES DAILY ONLINE COVERAGE OF THE LEADERS, POLICIES AND INNOVATIONS DRIVING PROGRESS IN METROPOLITAN REGIONS ACROSS THE WORLD. IN AN AGE WHEN ORIGINAL, ON-THE-GROUND REPORTING IS INCREASINGLY RARE, WE SEND OUR WRITERS INTO URBAN COMMUNITIES AROUND THE WORLD TO PRODUCE OUR AWARD-WINNING LONG-FORM CONTENT. IN ADDITION TO OUR ONLINE JOURNALISM, WE PRODUCE EVENTS INCLUDING AN ANNUAL URBAN LEADERSHIP CONFERENCE, VANGUARD.
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0214675
IRS990/OtherSalariesAndWagesGrp/TotalAmt0336318
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt010134
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09805
IRS990/PayrollTaxesGrp/ProgramServicesAmt026506
IRS990/PayrollTaxesGrp/TotalAmt046445
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0325000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01201667
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01798
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07992
IRS990/PrincipalOfficerNm0TOM DALLESSIO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0511120
IRS990/ProgramServiceRevenueGrp/BusinessCd1541800
IRS990/ProgramServiceRevenueGrp/Desc0SUBSCRIPTIONS
IRS990/ProgramServiceRevenueGrp/Desc1ADVERTISING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt060547
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17630
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt060547
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17630
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01226056
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt030300
IRS990/PYInvestmentIncomeAmt0265
IRS990/PYOtherExpensesAmt0670269
IRS990/PYOtherRevenueAmt01183
IRS990/PYProgramServiceRevenueAmt0104107
IRS990/PYRevenuesLessExpensesAmt0205648
IRS990/PYSalariesCompEmpBnftPaidAmt0425394
IRS990/PYTotalExpensesAmt01125963
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01331611
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0815091
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt068177
IRS990/RoyaltiesRevenueGrp/ExclusionAmt01121
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt01121
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0410022
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0150081
IRS990ScheduleA/FactsAndCircumstancesTestTxt0STATEMENT FOR 10%-FACTS-AND-CIRCUMSTANCES TESTTHE ORGANIZATION DOES NOT MEET THE 33 1/3% SUPPORT TEST DESCRIBED IN SECTIONS 509(A)(1) AND 170(B)(1)(1)(VI). THE ORGANIZATION'S PERCENTAGE OF PUBLIC SUPPORT, CALCULATED BASED ON THE MOST RECENT FIVE-YEAR PERIOD (2010-2014) IS 24.25%. THE ORGANIZATION DOES NOT MEET THE 33 1/3% SUPPORT TEST BECAUSE A MAJORITY OF ITS CONTRIBUTIONS ARE FROM THE SAME DONORS WHICH COMPRISE A MAJORITY OF THE ORGANIZATION'S SUPPORT AND REVENUE ON AN ANNUAL BASIS. HOWEVER, THE ORGANIZATION DOES MEET THE 10% FACTS AND CIRCUMSTANCES TEST.THE ORGANIZATION FUNCTIONS AS A PUBLIC CHARITY IN THAT IT RECEIVES CONTRIBUTIONS FROM THE GENERAL PUBLIC AND PROGRAM REVENUE FROM INDIVIDUALS WITH A VESTED INTEREST IN THE EXEMPT PURPOSE OF THE ORGANIZATION. THE ORGANIZATION PROVIDES BENEFITS BY PROMOTING SOCIAL, ECONOMIC AND ENVIRONMENTAL CHANGE IN CITIES BY CREATING MEDIA AND EVENTS AROUND THE WORLD.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02184299
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01226056
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0781451
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0322093
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0222245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04736144
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01186
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01448
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0636
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02704
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05908
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011882
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0386662
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01500
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.24250
IRS990ScheduleA/PublicSupportPY170Pct00.26060
IRS990ScheduleA/PublicSupportTotal170Amt01151599
IRS990ScheduleA/SubstantialContributorsTotAmt03584545
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02184299
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01226056
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0781451
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0322093
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0222245
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04736144
IRS990ScheduleA/TotalSupportAmt04749526
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt025051
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019766
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt044817
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01438571
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02253662
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNCERTAIN TAX POSITIONS UNDER ASC 740 GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSIITON IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. THE ORGANIZATION'S TAX RETURNS FOR THE YEARS ENDED DECEMBER 31, 2011, 2012 AND 2013 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND OTHER VARIOUS TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025051
IRS990ScheduleD/TotalExpensesPerForm990Amt01438571
IRS990ScheduleD/TotalRevenuePerForm990Amt02253662
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02253662
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01438571
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING BOARD REVIEW OF FORM 990 PRIOR TO ITS FILING, A COPY OF FINAL FORM 990 IS PROVIDED TO EACH VOTING MEMBER OF GOVERNING BOARD FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MONITORING AND ENFORCEMENT OF CONFLICTS POLICY WHEN THERE IS AN APPARENT CONFLICT OF INTEREST, FOR EXAMPLE BETWEEN A WRITER AND A SUBJECT OR A BOARD MEMBER AND A FUNDER, THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY, DETERMINES IF THERE IS A CONFLICT OF INTEREST OR NOT, AND IF SO, ASKS THE WRITER, BOARD MEMBER, ETC. TO RECUSE HIM OR HERSELF FROM THE SITUATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROCESS FOR DETERMINING OFFICER'S COMPENSATION THE BOARD OF DIRECTORS HAS DETERMINED THE EXECUTIVE DIRECTOR'S COMPENSATION BY COMPARING COMPENSATION PACKAGES FOR LEADERS OF OTHER NON-PROFIT ORGANIZATIONS OF SIMILAR SIZE, AS WELL AS OTHER SIMILAR EXECUTIVE DIRECTOR'S COMPENSATION WITH SIMILAR EXPERIENCE AND BACKGROUND. THE BOARD OF DIRECTORS ALSO TAKES INTO ACCOUNT THE EXECUTIVE DIRECTOR'S ESTIMATE FOR ANNUAL REVENUE EXPECTED TO BE GENERATED WHEN CONSIDERING THE EXECUTIVE DIRECTOR'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PUBLIC AVAILABILITY OF OTHER DOCUMENTS COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 WILL BE PROVIDED ON REQUEST, AND THEY ARE ALSO AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S BUSINESS OFFICE LOCATED IN PHILADELPHIA, PENNSYLVANIA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/StatesWhereCopyOfReturnIsFldCd1PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0885521
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01464538
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0952911
IRS990/TotalAssetsEOYAmt01692233
IRS990/TotalAssetsGrp/BOYAmt0952911
IRS990/TotalAssetsGrp/EOYAmt01692233
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02184299
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0135321
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0170758
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01132492
IRS990/TotalFunctionalExpensesGrp/TotalAmt01438571
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0108886
IRS990/TotalLiabilitiesEOYAmt033117
IRS990/TotalLiabilitiesGrp/BOYAmt0108886
IRS990/TotalLiabilitiesGrp/EOYAmt033117
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0844025
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01659116
IRS990/TotalOtherCompensationAmt05268
IRS990/TotalProgramServiceExpensesAmt01132492
IRS990/TotalProgramServiceRevenueAmt068177
IRS990/TotalReportableCompFromOrgAmt084000
IRS990/TotalRevenueGrp/ExclusionAmt01186
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt068177
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02253662
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0952911
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01692233
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0742
IRS990/TravelGrp/ProgramServicesAmt01731
IRS990/TravelGrp/TotalAmt02473
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-41496
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0194578
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01500 JFK BOULEVARD NO 1220
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019102
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HTTP://NEXTCITY.ORG/
IRS990/WhistleblowerPolicyInd00

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,692,233
Liabilities
$33,117
Net assets
$1,659,116
Revenue
$2,253,662
Expenses
$1,438,571
Net income
$815,091
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.28$0.24$1.04$1.79$1.49$0.30
2023Detailed filing. Detailed filing data is available for this year.$0.79$0.05$0.73$1.42$1.19$0.23
2022Detailed filing. Detailed filing data is available for this year.$0.58$0.09$0.49$1.44$1.20$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.06$0.25$1.06$1.12$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.36$0.05$0.31$1.06$0.99$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.04$0.25$0.86$1.10$0.24
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.02$0.48$0.74$1.10$0.36
2017Detailed filing. Detailed filing data is available for this year.$0.88$0.04$0.84$0.77$1.20$0.43
2016Detailed filing. Detailed filing data is available for this year.$1.30$0.03$1.27$1.67$1.55$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.18$0.02$1.15$0.52$1.03$0.50
2014Detailed filing. Detailed filing data is available for this year.$1.69$0.03$1.66$2.25$1.44$0.82
2013Detailed filing. Detailed filing data is available for this year.$0.95$0.11$0.84$1.33$1.13$0.21
2012Summary only. Only limited summary data is available for this year.$0.71$0.07$0.64$0.84$0.41$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.07$0.20$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.06$0.01$0.53