Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Nexxt Foundation Corp
EIN 87-3906334 • 501(c)3 • Pasadena, CA
Profile
Nexxt foundation's mission is to provide financial assistance for projects and/or organizations targeting the improvement of quality of life of children and young adults in needs.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
86th percentile
Faster revenue growth than 86% of similar nonprofits.
Balance Sheet
Assets
Up$3,761
Up $1,972 (+110%) from 2022
Liabilities
Flat$0
Flat from 2022
Net Assets
Up$3,761
Up $1,972 (+110%) from 2022
Revenue
Up$3,064
Up $1,162 (+61%) from 2022
Expenses
Up$1,092
Up $979 (+866%) from 2022
Net Income
Up$1,972
Up $183 (+10%) from 2022
Trend Graphs
Filings
Most recent year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $3,761
- Liabilities
- $0
- Net assets
- $3,761
- Revenue
- $3,064
- Expenses
- $1,092
- Net income
- $1,972
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Oct 21, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $3,249
Mission and Program Overview
Mission
Nexxt foundation's mission is to provide financial assistance for projects and/or organizations targeting the improvement of quality of life of children and young adults in needs.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| GALA DINNER TO RAISE FUNDS TO PROVIDE FINANCIAL ASSISTANCE FOR PROJECTS AND/OR ORGANIZATIONS TARGETING THE IMPROVEMENT OF QUALITY OF LIFE OF CHILDREN AND YOUNG ADULTS IN NEED | - | $185 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LORENZO LISI | CEO | - | $0 | - | - |
| PAOLO ODIERNA | CFO | - | $0 | - | - |
| LETIZIA TANG | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Nexxt Foundation Corp
- EIN
- 87-3906334
- Phone
- 6263605701
- Address
- 1680 KNOLLWOOD DRIVE, PASADENA, CA 91103
Signing Officer
- Name
- Lorenzo Lisi
- Title
- CEO
- Phone
- 6263605701
- Signed
- 2024-10-21
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Drb Tax & Financial Services Inc
- Address
- 3452 E FOOTHILL BLVD STE 125, PASADENA, CA 91107-6002
- Preparer
- David Beckstrom
- Phone
- 6264312563
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses bank fees 192 legal & accounting fees 900 total 1,092”
Form 990-ez, Part III
“Nexxt foundation's mission is to provide financial assistance for projects and/or organizations targeting the improvement of quality of life of children and young adults in needs.”
Form 990-ez, Part V
“-regarding transfers associated with personal benefit contracts (a) did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benifit contract?..............no (b)did the organization, during the year, pay premiums, directly or indirectly, on a personal contract?......................................no”
Raw XML Appendix117 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | LORENZO LISI |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6263605701 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1680 KNOLLWOOD DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PASADENA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 91103 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1789 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 3761 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 1972 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1789 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 3761 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 3249 |
| IRS990EZ/GrossReceiptsAmt | 0 | 3249 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1789 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 3761 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 1789 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 3761 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LORENZO LISI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PAOLO ODIERNA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LETIZIA TANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CFO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1092 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | NEXXT FOUNDATION'S MISSION IS TO PROVIDE FINANCIAL ASSISTANCE FOR PROJECTS AND/OR ORGANIZATIONS TARGETING THE IMPROVEMENT OF QUALITY OF LIFE OF CHILDREN AND YOUNG ADULTS IN NEEDS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | GALA DINNER TO RAISE FUNDS TO PROVIDE FINANCIAL ASSISTANCE FOR PROJECTS AND/OR ORGANIZATIONS TARGETING THE IMPROVEMENT OF QUALITY OF LIFE OF CHILDREN AND YOUNG ADULTS IN NEED |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 185 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 185 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 3064 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 1092 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 185 |
| IRS990EZ/TotalRevenueAmt | 0 | 3064 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | NEXXT-FOUNDATION.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | TICKET SALES 7,104 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1000 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 3249 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3855 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 7104 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 8104 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES BANK FEES 192 LEGAL & ACCOUNTING FEES 900 TOTAL 1,092 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NEXXT FOUNDATION'S MISSION IS TO PROVIDE FINANCIAL ASSISTANCE FOR PROJECTS AND/OR ORGANIZATIONS TARGETING THE IMPROVEMENT OF QUALITY OF LIFE OF CHILDREN AND YOUNG ADULTS IN NEEDS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | -REGARDING TRANSFERS ASSOCIATED WITH PERSONAL BENEFIT CONTRACTS (A) DID THE ORGANIZATION, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENIFIT CONTRACT?..............NO (B)DID THE ORGANIZATION, DURING THE YEAR, PAY PREMIUMS, DIRECTLY OR INDIRECTLY, ON A PERSONAL CONTRACT?......................................NO |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART V |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LORENZO LISI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6263605701 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-10-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEXXT FOUNDATION CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEXX |
| ReturnHeader/Filer/EIN | 0 | 873906334 |
| ReturnHeader/Filer/PhoneNum | 0 | 6263605701 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1680 KNOLLWOOD DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PASADENA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 91103 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 464336077 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DRB TAX & FINANCIAL SERVICES INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3452 E FOOTHILL BLVD STE 125 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PASADENA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 911076002 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6264312563 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-27 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID BECKSTROM |
| ReturnHeader/ReturnTs | 0 | 2024-11-27T17:51:09-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
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