Civic Intelligence

Baltimore Next Generation Investing Event Inc.

990 • Fiscal year 2022 • EIN 46-5067721

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 02, 2023

35 Warrenton RoadBaltimore, MD 21210

(410) 218-1472

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

34th percentile

-3.0%

Higher net margin than 34% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

16th percentile

-31%

Faster asset growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

19th percentile

-28%

Faster revenue growth than 19% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$10,796

Down $4,924 (-31%) from 2021

Net Assets

Down

$10,796

Down $4,924 (-31%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$161,920

Down $62,060 (-28%) from 2021

Expenses

Down

$166,844

Down $55,396 (-25%) from 2021

Net Income

Down

-$4,924

Down $6,664 (-383%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2014: $128,714Liabilities 2014: $122,8192014Assets 2015: $6,782Liabilities 2015: $02015Assets 2016: $9,168Liabilities 2016: $02016Assets 2017: $71,512Liabilities 2017: $65,0002017Assets 2018: $34,558Liabilities 2018: $21,1482018Assets 2019: $13,648Liabilities 2019: $0Net Assets 2019: $13,6482019Assets 2020: $13,980Liabilities 2020: $0Net Assets 2020: $13,9802020Assets 2021: $15,720Liabilities 2021: $0Net Assets 2021: $15,7202021Assets 2022: $10,796Liabilities 2022: $0Net Assets 2022: $10,7962022Assets 2023: $6,878Liabilities 2023: $0Net Assets 2023: $6,8782023Assets 2024: $42,327Liabilities 2024: $0Net Assets 2024: $42,3272024

Highlighted filing

2022

Assets$10,796
Liabilities$0
Net Assets$10,796

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $152,330Expenses 2014: $146,435Net Income 2014: $5,8952014Revenue 2015: $155,350Expenses 2015: $154,463Net Income 2015: $8872015Revenue 2016: $186,593Expenses 2016: $184,207Net Income 2016: $2,3862016Revenue 2017: $173,743Expenses 2017: $175,400Net Income 2017: -$1,6572017Revenue 2018: $182,660Expenses 2018: $176,762Net Income 2018: $5,8982018Revenue 2019: $360,412Expenses 2019: $360,174Net Income 2019: $2382019Revenue 2020: $206,559Expenses 2020: $206,227Net Income 2020: $3322020Revenue 2021: $223,980Expenses 2021: $222,240Net Income 2021: $1,7402021Revenue 2022: $161,920Expenses 2022: $166,844Net Income 2022: -$4,9242022Revenue 2023: $138,089Expenses 2023: $142,006Net Income 2023: -$3,9172023Revenue 2024: $132,019Expenses 2024: $96,571Net Income 2024: $35,4482024

Highlighted filing

2022

Revenue$161,920
Expenses$166,844
Net Income-$4,924
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 2, 2023
Return Version
2022v5.0
Gross Receipts
$161,920
Mission and Program Overview

Mission

Baltimore Next Generation Investing Event organizes an annual investment-event fundraiser that supports several Baltimore-based non-profit organizations that help local youth.

Baltimore Next Generation Investing Event organizes an annual investmentevent fundraiser that supports several Baltimore nonprofit

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$15,720$10,796▼ $4,924
Total Assets$15,720$10,796▼ $4,924
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,720$10,796▼ $4,924
Total Net Assets Fund Balance$15,720$10,796▼ $4,924
Total Liabilities and Net Assets / Fund Balance$15,720$10,796▼ $4,924

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$317,274$35,000▼ $95,313-$256,961
2021$387,948-▼ $1,854-$317,274
2020$415,282-▼ $7,334-$387,948
2019$173,447$150,000▲ $125,296-$415,282
2018$182,212$25,000▼ $29,173-$173,446
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matthew WyskielPresident
Cameron MacdonaldSecretary
Christina WyskielTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$161,920
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-4,924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$148,000
Other Expenses$18,844
Total Fundraising Expense$18,844
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$148,000--$148,000
Other Expenses--$18,844$18,844
Total Functional Expenses$148,000$0$18,844$166,844
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Childrens Scholarship F BBaltimore, MD-financial support$47,000
Southwest Balt Charter SchBaltimore, MD-financial support$47,000
KIPP BaltimoreBaltimore, MD-financial support$27,000
Next One UpBaltimore, MD-financial support$27,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
2022 Event$161,920$161,920$18,844$143,076
Total Events$161,920$161,920$18,844$143,076
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
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

eMail a copy of PDF file before it is filed with IRS

Part VI Line 19

Yes; available upon request

Filing and Contact Details

Filer

Filer Name
Baltimore Next Generation Investing Event Inc
EIN
46-5067721
In Care Of
% Matthew Wyskiel
Phone
4102181472
Address
35 Warrenton Road, Baltimore, MD 21210
Doing Business As
Next Gen event

Signing Officer

Name
Matthew Wyskiel
Title
President
Phone
4102181472
Signed
2023-04-02

Organization Details

Principal Officer
Matthew Wyskiel
Formed
2014
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
8
Supplemental Narrative

Additional Explanations

Form 990, Part III

Baltimore Next Generation Investing Event was formed as a 501(c)(3)

Form 990, Part III

organization in 2014. Baltimore Next Generation Investing Event organizes

Form 990, Part III

an annual investment-event fundraiser which supports several Baltimore-

Form 990, Part III

area non-profit organizations that improve educational and life outcomes

Form 990, Part III

for local youth. The annual investment-event fundraiser takes place each

Form 990, Part III

Fall, and the 2022 Next Gen event took place as an in-person event

Form 990, Part III

on 11/9/22. Via ticket sales, pre-event donations, and pledges at & after

Form 990, Part III

the event, Baltimore Next Generation Investing Event collects revenue.

Form 990, Part III

After paying the event's expenses (typically, room rental cost, food &

Form 990, Part III

beverage costs, materials costs, website costs, and other costs),

Form 990, Part III

Baltimore Next Generation Investing Event distributes nearly all of the

Form 990, Part III

event's net proceeds (i.e. net income) to the selected non-profit

Form 990, Part III

educational organizations: Children's Scholarship Fund Baltimore,

Form 990, Part III

Southwest Baltimore Charter School, KIPP Baltimore, and

Form 990, Part III

Next One Up. Each year, some of the proceeds may be retained by

Form 990, Part III

Baltimore Next Generation Investing Event in order to pay for the up-front

Form 990, Part III

costs of the event in the subsequent year/Fall. Additionally, a few

Form 990, Part III

supporters of Baltimore Next Generation Investing Event have specified

Form 990, Part III

that their gifts be in support of the term endowment fund held by

Form 990, Part III

Baltimore Next Generation Investing Event. This fund is described in

Form 990, Part III

Schedule D of this tax filing.

Financial Statement Notes

P5, Ln 4

Baltimore Next Generation Investing Event has a 'term endowment'

P5, Ln 4

fund which, per donor intent and instructions, invests the 'base

P5, Ln 4

amount' of the fund in the stock pick recommendations of

P5, Ln 4

the annual investment-even fundraiser. Then each year, a few days prior

P5, Ln 4

to the next investment-even fundraiser, all of the stocks owned in the fund

P5, Ln 4

are sold, and the market value of the fund that is in excess of the base

P5, Ln 4

amount is distributed to the non-profit educational organizations

P5, Ln 4

supported by the Baltimore Next Generation Investing Event. Then the day

P5, Ln 4

after the investment-event fundraiser, the base amount of the term

P5, Ln 4

endowment fund is invested in the new stock pick recommendations.

P5, Ln 4

Gifts received from donors who wish to financially support the term

P5, Ln 4

endowment fund add to the base amount of the fund; shortly after their

P5, Ln 4

gift is received, it is used to purchase the stock pick recommendations

P5, Ln 4

currently held by the fund. Due to the donor-intent restrictions of this

P5, Ln 4

term endowment fund, its assets are not reflected on the balance sheet

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Baltimore Next Generation Investing Event has a 'term endowment'
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1fund which, per donor intent and instructions, invests the 'base
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2amount' of the fund in the stock pick recommendations of
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3the annual investment-even fundraiser. Then each year, a few days prior
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4to the next investment-even fundraiser, all of the stocks owned in the fund
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt5are sold, and the market value of the fund that is in excess of the base
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt6amount is distributed to the non-profit educational organizations
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt7supported by the Baltimore Next Generation Investing Event. Then the day
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt8after the investment-event fundraiser, the base amount of the term
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt9endowment fund is invested in the new stock pick recommendations.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt10Gifts received from donors who wish to financially support the term
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt11endowment fund add to the base amount of the fund; shortly after their
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt12gift is received, it is used to purchase the stock pick recommendations
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt13currently held by the fund. Due to the donor-intent restrictions of this
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt14term endowment fund, its assets are not reflected on the balance sheet
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0P5, Ln 4
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc6P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc7P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc8P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc9P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc10P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc11P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc12P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc13P5, Ln 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc14P5, Ln 4
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0financial support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1financial support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2financial support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3financial support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Childrens Scholarship F B
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Southwest Balt Charter Sch
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2KIPP Baltimore
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Next One Up
IRS990ScheduleI/RecipientTable/RecipientEIN0311480933
IRS990ScheduleI/RecipientTable/RecipientEIN1412146005
IRS990ScheduleI/RecipientTable/RecipientEIN2522342513
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 5282
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11300 Herkimer Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22000 Edgewood Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO Box 22503
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Baltimore
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Baltimore
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Baltimore
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Baltimore
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd221216
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0eMail a copy of PDF file before it is filed with IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Yes; available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Baltimore Next Generation Investing Event was formed as a 501(c)(3)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3organization in 2014. Baltimore Next Generation Investing Event organizes
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4an annual investment-event fundraiser which supports several Baltimore-
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5area non-profit organizations that improve educational and life outcomes
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6for local youth. The annual investment-event fundraiser takes place each
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Fall, and the 2022 Next Gen event took place as an in-person event
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8on 11/9/22. Via ticket sales, pre-event donations, and pledges at & after
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9the event, Baltimore Next Generation Investing Event collects revenue.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10After paying the event's expenses (typically, room rental cost, food &
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11beverage costs, materials costs, website costs, and other costs),
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Baltimore Next Generation Investing Event distributes nearly all of the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13event's net proceeds (i.e. net income) to the selected non-profit
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14educational organizations: Children's Scholarship Fund Baltimore,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Southwest Baltimore Charter School, KIPP Baltimore, and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Next One Up. Each year, some of the proceeds may be retained by
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Baltimore Next Generation Investing Event in order to pay for the up-front
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18costs of the event in the subsequent year/Fall. Additionally, a few
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19supporters of Baltimore Next Generation Investing Event have specified
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20that their gifts be in support of the term endowment fund held by
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Baltimore Next Generation Investing Event. This fund is described in
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Schedule D of this tax filing.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part III
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/AddressLine1Txt035 Warreton Road
IRS990/USAddress/CityNm0Baltimore
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IRS990/USAddress/ZIPCd021210
IRS990/VotingMembersGoverningBodyCnt03
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IRS990/WebsiteAddressTxt0www.NextGenInvesting.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW WYSKIEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04102181472
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Baltimore Next Generation Investing Event Inc
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Next Gen event
ReturnHeader/Filer/BusinessNameControlTxt0BALT
ReturnHeader/Filer/EIN0465067721
ReturnHeader/Filer/InCareOfNm0% Matthew Wyskiel
ReturnHeader/Filer/PhoneNum04102181472
ReturnHeader/Filer/USAddress/AddressLine1Txt035 Warrenton Road
ReturnHeader/Filer/USAddress/CityNm0Baltimore

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