Next Generation Therapy Services Inc

What it reported doing in 2024

CONFERENCESIn July 2024, three Next Generation Therapy Services volunteers travelled to Orlando, Florida to provide educational services and testing for families serving overseas. Fifteen speech, language and reading evaluations were performed. Four hours of articulation and reading therapy were performed. Parent consultations were conducted, follow-up therapy was provided and educational strategies were mapped out for children. In January 2025, two Next Generation Therapy Services volunteers travelled to Thailand to a conference to provide educational services and testing for families serving overseas. Fifteen speech, language, and reading evaluations were performed. Parent consultations were conducted, follow-up therapy was provided and educational strategies were mapped out for children. In March 2025, three Next Generation Therapy Services volunteers travelled to Cypress to a conference to provide educational services and testing for families serving overseas. Thirty-six speech, language and reading evaluations were performed. Three screenings were performed. Parent consultations were conducted, follow-up therapy was provided and educational strategies were mapped out for children. In March 2025, five Next Generation Therapy Services volunteers travelled to Thailand to a conference to provide educational services and testing for families serving overseas. Seventeen speech, language and reading evaluations were performed. 18 screenings were performed. Parent consultations were conducted, follow-up therapy was provided and educational strategies were mapped out for children. In March 2025, three Next Generation Therapy Services volunteers travelled to Turkey to a conference to provide educational services and testing for families serving overseas. Twenty-four speech, language and reading evaluations were performed. Parent consultations were conducted, follow-up therapy was provided and educational strategies were mapped out for children.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 97.4%; rating input score 97
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -5.8%; rating input score 23; 23rd percentile among comparable filings
• Total-asset coverage ratio: 0.11; rating input score 5; 5th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 62; 62nd percentile among comparable filings
• Officer compensation ratio: Limited

Growth

• Program expense growth: 7.2% per year; rating input score 100; 53rd percentile among comparable filings
• Revenue growth: 8% per year; rating input score 100; 59th percentile among comparable filings
• Asset growth: 8.8% per year; rating input score 100; 54th percentile among comparable filings