Nextop Inc

What it reported doing in 2025

Nextop's employment programming facilitates a seamless transition for veterans from military service to civilian careers. The nextop employment team works one-on-one with service members to identify careers and industries, translate skills, explore upskilling or reskilling opportunities, refine resumes, and develop interview skills. This support helps each candidate secure interviews and ultimately land a career in the industry/company/specific role they are seeking. Our candidates comprise the most diverse population within the department of defense - the middle enlisted ranks - and are uniquely positioned to bring their soft skills and world experiences to the private sector, but often lack the network, understanding of the industry and career options, and specific certifications to access interviews and hiring representatives without our help. Nextop bridges the gap for companies interested in veteran talent. Still, they need to learn how to directly access and connect with the population, especially before or as they depart the active-duty component.events: nextop plans and hosts various seminars, workshops, and other programming events related to veteran workforce development, employment, networking, and corporate partner relationship management programming, typically throughout the country. Mentorship: military candidates can easily register via our website and are assessed by our staff during a thorough intake. They are assigned to one of our employment coordinators, who coach and mentor them throughout the employment preparation and placement processand beyond. Additionally, nextop works closely to connect our candidates and their family members with other mentorship programs and resources, ensuring a successful transition to the civilian community and workforce for both them and their families. Corporate partners: nextop's corporate partners are among the most well-respected industry companies that truly value military skills and experience. Nextop works with our corporate partners to develop a military-friendly work culture centered on establishing a veteran affinity group and streamlining military recruiting processes. Nextop meets companies where they are to support their veteran employment goals, whether consulting on establishing veteran hiring initiatives, evaluating past progress and establishing next steps, or speaking to key stakeholder groups within companies to highlight the veteran employee value proposition and dispel any myths. Nextop experienced a very successful 2024, placing 773 candidates at an all-time high average salary of $67,400.

Financial Efficiency

• Mission deployment rate: 74.7%; rating input score 75
• Program expense ratio: 78.4%; rating input score 78
• Fundraising efficiency: $5.2 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 14th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 0%; rating input score 0; 8th percentile among comparable filings
• 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: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • 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: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 4.9%; rating input score 43; 43rd percentile among comparable filings
• Total-asset coverage ratio: 0.46; rating input score 15; 15th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 65; 65th percentile among comparable filings
• Officer compensation ratio: 10.6%; rating input score 32; 32nd percentile among comparable filings

Growth

• Program expense growth: 14.9% per year; rating input score 100; 75th percentile among comparable filings
• Revenue growth: 15.1% per year; rating input score 100; 80th percentile among comparable filings
• Asset growth: 20.9% per year; rating input score 100; 85th percentile among comparable filings