Next Ten
Nonprofit profile at a glance
- EIN
- 202279217
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- San Francisco, CA, USA
- Phone
- 4159570202
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Government and Public Administration
Reported finances
- Revenue
- $724,500
- Expenses
- $750,745
- Assets
- $1,316,801
- Liabilities
- $54,108
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- F NOEL PERRY (PRESIDENT/DIRECTOR)
Highest reported compensation
- MARCIA PERRY (CFO): $147,338 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Next ten is focused on innovation and the intersection between the economy, the environment, and quality of life issues for all californians. We provide critical data to help inform the state's efforts to grow the economy and reduce global warming emissions. Next ten envisions an educated and engaged electorate that makes informed decisions about and participates actively in issues important to California's future. Next ten works to achieve this vision by:- commissioning research from leading experts on complex state issues.- creating and communicating highly accessible information through a portfolio of nonpartisan educational materials.- employing innovative "out of the box" means of engagement to ensure all californians have access to the political process.
What it reported doing in 2024
Climate adaptive urbanism for the san francisco bayshore: released october 2024this research effort is being led by professors zachary lamb and professor rob olshansky at uc berkeley. This project will aim to expand the realms of possible adaptive urbanization for the bay area and beyond. By centering property regimes that are ecologically-adaptive and supportive of collective action, the researchers hope to make alternative approaches to property central to equity-centered adaptation planning in the region. We received the first draft in may 2024 and will release the final free report in fall 2024.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 39
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.9%; rating input score 78
- Program expense ratio: 75.2%; rating input score 75
- 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: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.6%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 1.75; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 19.6%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: -3.6% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -2.7% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: 0.7% per year; rating input score 100; 20th percentile among comparable filings
Details
- Where the money goes: 77.9% of revenue deployed · 75.2% of spending went to programs
- Governance: 3 of 3 board members independent · 5 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $564K in reported program spending
- Leadership: top reported pay $147K · 4 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.