Civic Intelligence

Nexttech Ohio

EIN 83-0581301 • 501(c)3 • Cleveland, OH

990-N Coverage

Profile

NextTech Ohio unlocks the full potential of diverse and ambitious entrepreneurs to economically transform entire communities.

6701 Carnegie AvenueCleveland, OH 44103

ntohio.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

54th percentile

0.0%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Flat

$963

Flat from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Flat

$963

Flat from 2020

Revenue

Down

$0

Down $106,040 (-100%) from 2020

Expenses

Down

$0

Down $85 (-100%) from 2020

Net Income

Down

$0

Down $105,955 (-100%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2019: $1,642,997Liabilities 2019: $1,747,989Net Assets 2019: -$104,9922019Assets 2020: $963Liabilities 2020: $0Net Assets 2020: $9632020Assets 2021: $963Liabilities 2021: $0Net Assets 2021: $9632021

Highlighted filing

2021

Assets$963
Liabilities$0
Net Assets$963

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2019: $1,893,970Expenses 2019: $1,998,962Net Income 2019: -$104,9922019Revenue 2020: $106,040Expenses 2020: $85Net Income 2020: $105,9552020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021

Highlighted filing

2021

Revenue$0
Expenses$0
Net Income$0

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 13, 2022
Return Version
2021v4.1
Mission and Program Overview

Mission

NextTech Ohio unlocks the full potential of diverse and ambitious entrepreneurs to economically transform entire communities.

Program Services

DescriptionGrantsExpenses
NextTech Ohio's sole program in calendar 2019 was named the Northwest Ohio Entrepreneurial Services Program.NextTech Ohio completed its one-year grant work as the Northwest Ohio lead applicant to the Ohio Third Frontier for calendar 2019 for the Toledo region's technology entrepreneurship initiative. In 2020, NextTech Ohio completed all residual transactions with vendors$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Justin HammerlingDirector-$0--
Mike OgawaDirector-$0--
Matt SaparaDirector-$0--
Jeanne CoughlinDirector-$0--
Frank CalzonettiChairman-$0--
Filing and Contact Details

Filer

Filer Name
Nexttech Ohio
EIN
83-0581301
Phone
2163633400
Address
6701 Carnegie Avenue, Cleveland, OH 44103

Signing Officer

Name
Frank Calzonetti
Title
Chairman
Phone
2163633400
Signed
2022-04-13
Discuss with paid preparer
Yes

Preparer

Firm
Team NEO
Address
1111 Superior Ave E Ste 1600, Cleveland, OH 44114
Preparer
Jackie Fairbanks
Phone
2163635432
Supplemental Narrative

Additional Explanations

Other

Con't of Part III, Line 28 and its four collaborators -- University of Toledo, ProMedica Innovations, Mercy Health, and Bowling Green State University, whom it worked closely with providing services to emerging technology businesses in Northwest Ohio. In 2020, the work NextTech Ohio performed assisting entrepreneurs in Northwest Ohio was transitioned to another organization. The board of directors determined NextTech Ohio should remain dormant for calendar 2020 and beyond as it may assume economic development activity in the future.

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