Civic Intelligence

Columbus Next Generation Corporation

EIN 46-2621229 • 501(c)3 • Columbus, OH

Profile

CNGC creates private and public partnerships to aid in creating viable land development opportunities and maximize their success. CNGC identify, study, assess and evaluate neighborhoods and their needs while purchasing and packaging properties for redevelopment.

1393 East Broad Street STE 301Columbus, OH 43205

www.columbusnextgen.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.02x

Higher debt load relative to revenue than 13% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

97th percentile

90%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$159,788

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

98th percentile

175%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

414%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$16,081,182

Up $10,239,845 (+175%) from 2023

Liabilities

Up

$184,478

Up $165,727 (+884%) from 2023

Net Assets

Up

$15,896,704

Up $10,074,118 (+173%) from 2023

Revenue

Up

$11,187,722

Up $9,011,857 (+414%) from 2023

Expenses

Down

$1,122,832

Down $1,738,432 (-61%) from 2023

Net Income

Up

$10,064,890

Up $10,750,289 (+1568%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2013: $187,278Liabilities 2013: $0Net Assets 2013: $187,2782013Assets 2014: $1,140,755Liabilities 2014: $10,436Net Assets 2014: $1,130,3192014Assets 2015: $1,611,519Liabilities 2015: $16,579Net Assets 2015: $1,594,9402015Assets 2016: $3,241,031Liabilities 2016: $3,735Net Assets 2016: $3,237,2962016Assets 2017: $3,629,510Liabilities 2017: $51,447Net Assets 2017: $3,578,0632017Assets 2018: $2,868,903Liabilities 2018: $91,685Net Assets 2018: $2,777,2182018Assets 2019: $4,016,008Liabilities 2019: $7,236Net Assets 2019: $4,008,7722019Assets 2020: $4,926,554Liabilities 2020: $1,960Net Assets 2020: $4,924,5942020Assets 2021: $5,604,972Liabilities 2021: $2,963Net Assets 2021: $5,602,0092021Assets 2022: $6,528,188Liabilities 2022: $17,956Net Assets 2022: $6,510,2322022Assets 2023: $5,841,337Liabilities 2023: $18,751Net Assets 2023: $5,822,5862023Assets 2024: $16,081,182Liabilities 2024: $184,478Net Assets 2024: $15,896,7042024

Highlighted filing

2024

Assets$16,081,182
Liabilities$184,478
Net Assets$15,896,704

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2013: $370,075Expenses 2013: $182,797Net Income 2013: $187,2782013Revenue 2014: $1,300,060Expenses 2014: $352,898Net Income 2014: $947,1622014Revenue 2015: $892,477Expenses 2015: $339,522Net Income 2015: $552,9552015Revenue 2016: $2,305,439Expenses 2016: $663,083Net Income 2016: $1,642,3562016Revenue 2017: $1,943,106Expenses 2017: $1,602,339Net Income 2017: $340,7672017Revenue 2018: $914,048Expenses 2018: $1,714,894Net Income 2018: -$800,8462018Revenue 2019: $2,261,053Expenses 2019: $1,029,499Net Income 2019: $1,231,5542019Revenue 2020: $1,932,098Expenses 2020: $1,016,276Net Income 2020: $915,8222020Revenue 2021: $4,073,729Expenses 2021: $3,396,314Net Income 2021: $677,4152021Revenue 2022: $2,193,668Expenses 2022: $1,285,445Net Income 2022: $908,2232022Revenue 2023: $2,175,865Expenses 2023: $2,861,264Net Income 2023: -$685,3992023Revenue 2024: $11,187,722Expenses 2024: $1,122,832Net Income 2024: $10,064,8902024

Highlighted filing

2024

Revenue$11,187,722
Expenses$1,122,832
Net Income$10,064,890

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 9, 2025
Return Version
2024v5.1
Gross Receipts
$11,187,722
Mission and Program Overview

Mission

CNGC will create private and public partnerships to aid in creating viable opportunities and maximize success. CNGC will identify, study, assess and evaluate neighborhoods and their needs while purchasing and packaging properties for redevelopment.

CNGC creates private and public partnerships to aid in creating viable land development opportunities and maximize their success. CNGC identify, study, assess and evaluate neighborhoods and their needs while purchasing and packaging properties for redevelopment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,836,951$13,859,008▲ $11,022,057
Cash and Non-Interest-Bearing Accounts$1,267,370$2,080,642▲ $813,272
Savings and Temporary Cash Investments$137,953$141,532▲ $3,579
Prepaid Expenses and Deferred Charges$2,944--
Accounts Receivable$2,199--
Total Assets$5,841,337$16,081,182▲ $10,239,845
Other Assets Total$1,593,920--
Liabilities
Accounts Payable and Accrued Expenses$18,751$184,478▲ $165,727
Total Liabilities$18,751$184,478▲ $165,727
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,822,586$15,896,704▲ $10,074,118
Total Net Assets Fund Balance$5,822,586$15,896,704▲ $10,074,118
Total Liabilities and Net Assets / Fund Balance$5,841,337$16,081,182▲ $10,239,845

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,406-$8,406
Buildings$8,812,739--
Land$5,037,863--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Boyce Safford IIIExecutive DirectorFT$159,788$159,788

Board Members and Trustees

NameTitle
Mark HatcherBoard Chairman
Lisa Patt-McDanielVice Board Chairman
Amy TaylorBoard Member
Joshua CornaBoard Member
Michael StevensBoard Member
Scott NorthBoard Member
Tracy TaylorBoard Member
Valarie McDanielBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$10,744,972
Program Service Revenue
$0
Investment Income
$6,541
Other Revenue
$436,209
All Other Contributions
$16,922
Change in Net Assets
$10,064,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$802,625
Salaries, Compensation, and Employee Benefits$320,207
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$111,852$47,936-$159,788
Other Salaries and Wages$81,496$34,927-$116,423
Occupancy$39,257$16,825-$56,082
Fees for Services Other$40,696$9,085-$49,781
Office Expenses$209$45,245-$45,454
Fees for Services Accounting-$39,999-$39,999
Insurance$19,008$8,146-$27,154
Fees for Services Legal$4,912$19,646-$24,558
Payroll Taxes$16,365$7,014-$23,379
Other Employee Benefits$14,432$6,185-$20,617
Other Expenses$6,072$2,602-$8,674
Information Technology$3,391$1,454-$4,845
Advertising$2,360$590-$2,950
Total Functional Expenses$850,865$271,967$0$1,122,832
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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

Members or stockholder classes and rights Part VI line 6

The organization has one member.

Member election for additional members Part VI line 7A

The City of Columbus is the sole member of the organization. Six out of seven of the board members are selected by the mayor of the City of Columbus and the seventh member is selected by the city council.

Governing body decisions Part VI line 7B

The organization is fully controlled by the City of Columbus and the city has ultimate approval of all matters.

Form 990 governing body review Part VI line 11

The 990 is reviewed by the board of directors.

Conflict of interest policy compliance Part VI line 12C

Any actual or possible conflicts of interest must be disclosed by the interested person to the directors and members of the board or committees with board delegated powers. After full disclosure the remaining board or committee members shall decide if a conflict exists.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents, conflict of interest policy, and other financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Columbus Next Generation Corporation
EIN
46-2621229
In Care Of
% Boyce Safford III
Phone
6148245295
Address
1393 East Broad Street STE 301, Columbus, OH 43205

Signing Officer

Name
Boyce Safford Iii
Title
Executive Director
Phone
6148245295
Signed
2025-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Boyce Safford III
Formed
2012
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
2

Preparer

Firm
Parms and Company LLC
Address
400 S 5th St Ste 220, Columbus, OH 43215
Preparer
Joseph T Roche Ea
Phone
6142243078
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt152000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2250000
IRS990/OtherRevenueTotalAmt0354693
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034927
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt081496
IRS990/OtherSalariesAndWagesGrp/TotalAmt0116423
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07014
IRS990/PayrollTaxesGrp/ProgramServicesAmt016365
IRS990/PayrollTaxesGrp/TotalAmt023379
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02944
IRS990/PrincipalOfficerNm0Boyce Safford III
IRS990/PriorPeriodAdjustmentsAmt09228
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02005000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03479
IRS990/PYOtherExpensesAmt02548939
IRS990/PYOtherRevenueAmt0162117
IRS990/PYProgramServiceRevenueAmt05269
IRS990/PYRevenuesLessExpensesAmt0-685399
IRS990/PYSalariesCompEmpBnftPaidAmt0312325
IRS990/PYTotalExpensesAmt02861264
IRS990/PYTotalRevenueAmt02175865
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt010064890
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt081516
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0137953
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0141532
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt010744972
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02005000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02178475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04048815
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01757529
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt020734791
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0442750
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0165596
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08097
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0991
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0617461
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97110
IRS990ScheduleA/PublicSupportPY170Pct00.98580
IRS990ScheduleA/PublicSupportTotal170Amt020734791
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt010744972
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02005000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02178475
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04048815
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01757529
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt020734791
IRS990ScheduleA/TotalSupportAmt021352252
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt08812739
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt08812739
IRS990ScheduleD/EquipmentGrp/BookValueAmt08406
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08406
IRS990ScheduleD/LandGrp/BookValueAmt05037863
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt05037863
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013859008
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0159788
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Boyce Safford III
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0159788
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has one member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The City of Columbus is the sole member of the organization. Six out of seven of the board members are selected by the mayor of the City of Columbus and the seventh member is selected by the city council.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization is fully controlled by the City of Columbus and the city has ultimate approval of all matters.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 is reviewed by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Any actual or possible conflicts of interest must be disclosed by the interested person to the directors and members of the board or committees with board delegated powers. After full disclosure the remaining board or committee members shall decide if a conflict exists.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization makes its governing documents, conflict of interest policy, and other financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0Columbus Next Generation
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1Columbus Next Generation
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0Columbus Holding Group LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1Columbus Consulting LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0352511575
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt015024716
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt1100421
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0See Part VII of Schedule R
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1See Part VII of Schedule R
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt010309460
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt1221382
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0905 E Long St
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt1905 E Long St
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Columbus
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1Columbus
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd043203
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd143203
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt010728050
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Cost

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