Civic Intelligence

Next Wave in Business Incorporated

990EZ • Fiscal year 2019 • EIN 81-5389966

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 19, 2020

Organization Profile
3894 Crenshaw Blvd Unit 56146Los Angeles, CA 90056

(646) 201-1752

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

91st percentile

98%

Faster asset growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-16%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$46,920

Up $23,181 (+98%) from 2018

Net Assets

Up

$46,920

Up $26,262 (+127%) from 2018

Liabilities

Down

$0

Down $3,081 (-100%) from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin88th percentile

Revenue

Down

$66,622

Down $12,249 (-16%) from 2018

Expenses

Down

$40,360

Down $19,608 (-33%) from 2018

Net Income

Up

$26,262

Up $7,359 (+39%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$60K$40K$20K$0Assets 2017: $1,755Liabilities 2017: $0Net Assets 2017: $1,7552017Assets 2018: $23,739Liabilities 2018: $3,081Net Assets 2018: $20,6582018Assets 2019: $46,920Liabilities 2019: $0Net Assets 2019: $46,9202019

Highlighted filing

2019

Assets$46,920
Liabilities$0
Net Assets$46,920
Open 2019 Filing

Operations Trend

Revenue Growth28th percentile

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

$80K$60K$40K$20K$0Revenue 2017: $6,587Expenses 2017: $4,832Net Income 2017: $1,7552017Revenue 2018: $78,871Expenses 2018: $59,968Net Income 2018: $18,9032018Revenue 2019: $66,622Expenses 2019: $40,360Net Income 2019: $26,2622019

Highlighted filing

2019

Revenue$66,622
Expenses$40,360
Net Income$26,262
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 19, 2020
Return Version
2019v5.1
Gross Receipts
$66,622
Mission and Program Overview

Mission

Nwb will help eradicate the employment

Program Services

DescriptionGrantsExpenses
NWB WILL HELP ERADICATE THE EMPLOYMENT GAP FOR UNDERREPRESENTED MINORITIES, CREATING A BUSINESS WORLD THAT REFLECTS, RESPECTS, AND REWARDS PEOPLE OF COLOR.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TONY RICE IIExecutive DirectorPT$0--
KAREEM EDWARDSChief Marketing OfficerPT$0--
JOURDAN SUTTONCfocooPT$0--
Filing and Contact Details

Filer

Filer Name
Next Wave in Business
EIN
81-5389966
Address
3894 CRENSHAW BLVD UNIT 56146, LOS ANGELES, CA 90056

Signing Officer

Name
Jourdan Sutton
Title
Cfocoo
Phone
6462011752
Signed
2020-04-19
Discuss with paid preparer
No

Preparer

Firm
Badu Tax Services LLC
Address
4258 N GREENVIEW AVE STE 1E, CHICAGO, IL 60613
Preparer
Jeff Badu
Phone
7736797198
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountadvertising & marketing 1,288bank charges & fees 39job supplies 4,684meals & entertainment 9,771travel 4,008office supplies & software 27other business expenses 100reimbursable expenses 502uncategorized expenses 250taxes 20”

Description of total liabilities Part II line 26

“Category beginning of year end of yearcurrent liabilities 1,275 0adjustment 1,806 0”

Raw XML Appendix141 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0JOURDAN SUTTON
IRS990EZ/BooksInCareOfDetail/PhoneNum06462011752
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0840 POST STREET APT 806
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN FRANCISCO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094109
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023739
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt046920
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt066622
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt026262
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt019671
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt023739
IRS990EZ/Form990TotalAssetsGrp/EOYAmt046920
IRS990EZ/GrossReceiptsAmt066622
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt020658
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046920
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt020658
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046920
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TONY RICE II
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAREEM EDWARDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOURDAN SUTTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHIEF MARKETING OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFOCOO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt020689
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0NWB WILL HELP ERADICATE THE EMPLOYMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NWB WILL HELP ERADICATE THE EMPLOYMENT GAP FOR UNDERREPRESENTED MINORITIES, CREATING A BUSINESS WORLD THAT REFLECTS, RESPECTS, AND REWARDS PEOPLE OF COLOR.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03081
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt040360
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt066622
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt065952
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt077511
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0958
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0144421
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0670
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01360
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt02030
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0146451
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt066622
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt078871
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0958
IRS990ScheduleA/Total509Grp/TotalAmt0146451
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt066622
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt078871
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0146451
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTADVERTISING & MARKETING 1,288BANK CHARGES & FEES 39JOB SUPPLIES 4,684MEALS & ENTERTAINMENT 9,771TRAVEL 4,008OFFICE SUPPLIES & SOFTWARE 27OTHER BUSINESS EXPENSES 100REIMBURSABLE EXPENSES 502UNCATEGORIZED EXPENSES 250TAXES 20
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARCURRENT LIABILITIES 1,275 0ADJUSTMENT 1,806 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JOURDAN SUTTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFOCOO
ReturnHeader/BusinessOfficerGrp/PhoneNum06462011752
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEXT WAVE IN BUSINESS
ReturnHeader/Filer/BusinessNameControlTxt0NEXT
ReturnHeader/Filer/EIN0815389966
ReturnHeader/Filer/USAddress/AddressLine1Txt03894 CRENSHAW BLVD UNIT 56146
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090056
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C1B25C4D31DE066D597317D25AD753560953807E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C1B25C4D31DE066D597317D25AD753560953807E
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId01591202020113pbndnuy
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-04-22
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.171.130.253
ReturnHeader/FilingSecurityInformation/IPDt02020-04-22
ReturnHeader/FilingSecurityInformation/IPTm015:20:31
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814013718
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BADU TAX SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04258 N GREENVIEW AVE STE 1E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060613
ReturnHeader/PreparerPersonGrp/PhoneNum07736797198
ReturnHeader/PreparerPersonGrp/PreparationDt02020-04-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF BADU
ReturnHeader/ReturnTs02020-04-22T15:19:23-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,920
Liabilities
$0
Net assets
$46,920
Revenue
$66,622
Expenses
$40,360
Net income
$26,262
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$46.9$0.00$46.9$66.6$40.4$26.3
2018Detailed filing. Detailed filing data is available for this year.$23.7$3.08$20.7$78.9$60.0$18.9
2017Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$6.59$4.83$1.76