Liabilities / Assets
52nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
52nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
53rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
44th percentile
Higher net margin than 44% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
80th percentile
Faster asset growth than 80% of similar nonprofits.
Revenue Growth
79th percentile
Faster revenue growth than 79% of similar nonprofits.
Assets
Up$2,878
Up $923 (+47%) from 2019
Net Assets
-
No earlier filing loaded for comparison.
Liabilities
Flat$0
Flat from 2019
Revenue
Up$72,101
Up $11,133 (+18%) from 2019
Expenses
Up$71,178
Up $272 (+0.4%) from 2019
Net Income
Up$923
Up $10,861 (+109%) from 2019
This 2020 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
Next life foundation's purpose is to promote and sustain christian vocational training in mbuguni, tanzania. There are 30 tailoring students and 8 carpentry students that require fabric, needles, thread, wood, glue and transportation of these supplies to the village, etc. Wages are paid to three teachers, three administrators, two security guards, and a cook. An attorney is kept on retainer in country. Community outreach is provided each month as needed for illnesses and other severe needs as the tanzanian staff approves. Development of a new campus began in early 2021. A two-classroom building and a restroom were completed in 2021. In 2025, a building was completed that serves as a guardhouse, office, and kitchen. A perimeter security wall is under construction as of 2025. The american board approves financial reports of how funds were spent by the tanzanian board and provides funds based on itemized monthly expenses.
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2020 • Form 990EZSummary only. Only limited summary data is available for this year.
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