Liabilities / Assets
64th 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
64th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
63rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Assets
Down$10,893
Down $14,215 (-57%) from 2022
Net Assets
-
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Revenue
Up$132,086
Up $7,498 (+6.0%) from 2022
Expenses
Up$146,301
Up $35,987 (+33%) from 2022
Net Income
Down-$14,215
Down $28,489 (-200%) from 2022
This 2023 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
2023 • Form 990EZSummary only. Only limited summary data is available for this year.
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