Civic Intelligence

Nextop Inc.

990 • Fiscal year 2017 • EIN 47-1429344

Jan 01, 2017 to Dec 31, 2017 • Filed on May 08, 2018

2929 McKinney StHouston, TX 77003

(832) 735-0051

Siviq Scores

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

Liabilities / Assets

67th percentile

0.14x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

48th percentile

0.03x

Higher debt load relative to revenue than 48% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

57th percentile

6.3%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$134,400

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

92nd percentile

77%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

27%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$179,170

Up $77,971 (+77%) from 2016

Net Assets

Up

$154,038

Up $52,839 (+52%) from 2016

Liabilities

Up

$25,132

Up $25,132 from 2016

Revenue

Up

$837,558

Up $176,354 (+27%) from 2016

Expenses

Up

$784,670

Up $182,696 (+30%) from 2016

Net Income

Down

$52,888

Down $6,342 (-11%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $1Liabilities 2014: $02014Assets 2015: $41,969Liabilities 2015: $0Net Assets 2015: $41,9692015Assets 2016: $101,199Liabilities 2016: $0Net Assets 2016: $101,1992016Assets 2017: $179,170Liabilities 2017: $25,132Net Assets 2017: $154,0382017Assets 2018: $551,670Liabilities 2018: $35,143Net Assets 2018: $516,5272018Assets 2019: $298,400Liabilities 2019: $7,955Net Assets 2019: $290,4452019Assets 2020: $391,251Liabilities 2020: $207,860Net Assets 2020: $183,3912020Assets 2021: $488,854Liabilities 2021: $33,059Net Assets 2021: $455,7952021Assets 2022: $240,054Liabilities 2022: $14,042Net Assets 2022: $226,0122022Assets 2023: $787,690Liabilities 2023: $54,791Net Assets 2023: $732,8992023Assets 2024: $1,065,658Liabilities 2024: $6,090Net Assets 2024: $1,059,5682024

Highlighted filing

2017

Assets$179,170
Liabilities$25,132
Net Assets$154,038

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $117,890Expenses 2014: $117,890Net Income 2014: $02014Revenue 2015: $378,529Expenses 2015: $336,560Net Income 2015: $41,9692015Revenue 2016: $661,204Expenses 2016: $601,974Net Income 2016: $59,2302016Revenue 2017: $837,558Expenses 2017: $784,670Net Income 2017: $52,8882017Revenue 2018: $1,369,131Expenses 2018: $1,006,642Net Income 2018: $362,4892018Revenue 2019: $921,599Expenses 2019: $1,147,681Net Income 2019: -$226,0822019Revenue 2020: $792,865Expenses 2020: $899,919Net Income 2020: -$107,0542020Revenue 2021: $1,385,969Expenses 2021: $1,113,565Net Income 2021: $272,4042021Revenue 2022: $996,947Expenses 2022: $1,226,730Net Income 2022: -$229,7832022Revenue 2023: $1,841,635Expenses 2023: $1,334,748Net Income 2023: $506,8872023Revenue 2024: $2,284,696Expenses 2024: $1,958,027Net Income 2024: $326,6692024

Highlighted filing

2017

Revenue$837,558
Expenses$784,670
Net Income$52,888
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 8, 2018
Return Version
2017v2.2
Gross Receipts
$837,558
Mission and Program Overview

Mission

NextOp serves our nations hardworking veterans by providing job placement assistance, mentorship and support. We connect skilled mid-level service members with Gulf Coast employers in the Energy, Construction and Healthcare sectorsall at no cost to the veterans or employers.

NextOp recruits, trains, and places high-performing military leaders into industry careers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$96,292$106,885▲ $10,593
Pledges and Grants Receivable-$67,049-
Accounts Receivable-$5,236-
Land, Buildings, and Equipment, Net$4,907$0▼ $4,907
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$101,199$179,170▲ $77,971
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$25,132-
Total Liabilities$0$25,132▲ $25,132
Net Assets / Fund Balance
Unrestricted Net Assets$101,199$144,038▲ $42,839
Temporarily Rstr Net Assets-$10,000-
Total Net Assets Fund Balance$101,199$154,038▲ $52,839
Total Liabilities and Net Assets / Fund Balance$101,199$179,170▲ $77,971
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John BoerstlerExecutive DirectorFT$103,000$31,400$134,400

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$758,406
Program Service Revenue
$79,152
Investment Income
$0
Other Revenue
$0
All Other Contributions
$758,406
Change in Net Assets
$52,888

Audited Revenue Reconciliation

Revenue per Audited Statements
$837,558
Revenue Not Reported on Form 990
$26,643
Total Revenue per Audited Statements
$864,201
Total Revenue per Form 990
$837,558
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$610,140
Other Expenses$174,530
Total Fundraising Expense$31,626
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$377,939$28,549$15,124$421,612
Current Officers, Directors, Trustees, and Key Employees$119,316$8,658$6,426$134,400
Fees for Services Other$64,005$4,047$5,593$73,645
Payroll Taxes$38,049$2,874$1,524$42,447
Travel$34,856$2,632$1,396$38,884
Fees for Services Accounting-$17,940-$17,940
Conferences and Meetings$14,180$699$370$15,249
Information Technology$10,469$791$419$11,679
Pension Plan Contributions$6,171$466$247$6,884
Office Expenses$3,427$2,496$137$6,060
Advertising$4,999--$4,999
Other Employee Benefits$4,300$325$172$4,797
Occupancy$3,577$270$143$3,990
Insurance$1,868$141$75$2,084
Total Functional Expenses$683,156$69,888$31,626$784,670

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$811,313
Expenses per Audited Statements$784,670
Total Expenses per Form 990$784,670
Expenses Not Reported on Form 990$26,643
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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, Line 11B: Form 990 Review Process

A copy of the Form 990 is provided to board members for review via email correspondence, followed by an electronic vote confirming acceptance of Form 990 prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members will openly disclose conflict of interest in a Board meeting or via email correspondence to the entire Board.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board of Directors conducted a performance evaluation of the Executive Director which was reviewed and confirmed at the Board meeting on December 8, 2017.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Form 990 available on NextOp's website, Guidestar. All others available upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request.

Filing and Contact Details

Filer

Filer Name
NextOp Inc
EIN
47-1429344
Phone
8327350051
Address
2929 McKinney St, Houston, TX 77003

Signing Officer

Name
Douglas L Foshee
Title
Chairman
Signed
2018-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Boerstler
Formed
2014
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
9
Employees
14
Volunteers
180

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027-5132
Preparer
Jody Blazek
Phone
7134395739
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Prior period audit adjustments = -$49

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IRS990/OccupancyGrp/ManagementAndGeneralAmt0270
IRS990/OccupancyGrp/ProgramServicesAmt03577
IRS990/OccupancyGrp/TotalAmt03990
IRS990/OfficeExpensesGrp/FundraisingAmt0137
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02496
IRS990/OfficeExpensesGrp/ProgramServicesAmt03427
IRS990/OfficeExpensesGrp/TotalAmt06060
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-49
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0172
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0325
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04300
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04797
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015124
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt028549
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0377939
IRS990/OtherSalariesAndWagesGrp/TotalAmt0421612
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt01524
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02874
IRS990/PayrollTaxesGrp/ProgramServicesAmt038049
IRS990/PayrollTaxesGrp/TotalAmt042447
IRS990/PensionPlanContributionsGrp/FundraisingAmt0247
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0466
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06171
IRS990/PensionPlanContributionsGrp/TotalAmt06884
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt067049
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0John Boerstler
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0Education and training
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt079152
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt079152
IRS990/ProgSrvcAccomActy2Grp/Desc0NextOp EDU will assess career interest and direct veterans to the right college program, prepare veterans for college level math, reading and writing, while at the same time provide a mentor in order to ensure a successful transition into the right training or education track. Directs veterans to training and education programs that will help them make a successful transition into civilian careers in partnership with Combined Arms Assists veterans in re-discovering and developing their college level math skills upon return to higher education after spending anywhere between 4-20 years away from school in partnership with Boeing and Houston A+ Challenge Ensures veterans successfully navigate the construction credentialing process from military to civilian certification in partnership with NCCER.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt046773
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt015000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0642604
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0600
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0124990
IRS990/PYProgramServiceRevenueAmt018000
IRS990/PYRevenuesLessExpensesAmt059230
IRS990/PYSalariesCompEmpBnftPaidAmt0476984
IRS990/PYTotalExpensesAmt0601974
IRS990/PYTotalRevenueAmt0661204
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt052888
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt064152
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0378529
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0117890
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01897429
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0600
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0600
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0378529
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0117890
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01897429
IRS990ScheduleA/TotalSupportAmt01898029
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IRS990ScheduleD/DonatedServicesAndUseFcltsAmt026643
IRS990ScheduleD/DonatedServicesUseFcltsAmt026643
IRS990ScheduleD/ExpensesNotReportedAmt026643
IRS990ScheduleD/ExpensesSubtotalAmt0784670
IRS990ScheduleD/RevenueNotReportedAmt026643
IRS990ScheduleD/RevenueSubtotalAmt0837558
IRS990ScheduleD/TotalExpensesPerForm990Amt0784670
IRS990ScheduleD/TotalRevenuePerForm990Amt0837558
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0864201
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0811313
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the Form 990 is provided to board members for review via email correspondence, followed by an electronic vote confirming acceptance of Form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members will openly disclose conflict of interest in a Board meeting or via email correspondence to the entire Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors conducted a performance evaluation of the Executive Director which was reviewed and confirmed at the Board meeting on December 8, 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 available on NextOp's website, Guidestar. All others available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Prior period audit adjustments = -$49
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt010000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0179170
IRS990/TotalAssetsGrp/BOYAmt0101199
IRS990/TotalAssetsGrp/EOYAmt0179170
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0758406
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt031626
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069888
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0683156
IRS990/TotalFunctionalExpensesGrp/TotalAmt0784670
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt025132
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IRS990/TotalOtherCompensationAmt031400
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IRS990/TotalProgramServiceRevenueAmt079152
IRS990/TotalReportableCompFromOrgAmt0103000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079152
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0837558

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