C — EnvironmentEIN: 020648628· Ruling Year: 2003

Nextenergy Center

Detroit, Michigan

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

💰
$4.6M
Total Revenue
📊
$4.6M
Total Expenses
🏦
$3.4M
Net Assets
📋
$2.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+80.2%
Year-over-year change (2022 → 2023)
Net Margin
+0.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.74
Net assets divided by total expenses
Liabilities-to-Assets
40.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,611,725↑80%$4,578,580↑65%$5,697,834↑7%
2022$2,559,674↑111%$2,782,246↑54%$5,322,913↓2%
2021$1,211,953↓26%$1,801,915↓32%$5,413,697↓18%
2020$1,632,250↑49%$2,660,493↑23%$6,584,676↑17%
2019$1,092,414↑151%$2,169,366↓35%$5,617,948↓15%
2018-$2,162,194↓220%$3,353,290↓17%$6,600,679↓46%
2017$1,803,063↓41%$4,062,347↓17%$12,236,521↓13%
2016$3,032,794↓31%$4,902,422↓14%$14,095,963↓13%
2015$4,418,807↓22%$5,700,284↓25%$16,294,288↓13%
2014$5,688,559↓9%$7,574,350↑11%$18,744,505↓7%
2013$6,281,643↓16%$6,852,025↓16%$20,234,354↓1%
2012$7,484,267↑42%$8,165,225↑13%$20,500,663↓3%
2011$5,265,400$7,194,643$21,056,621

Frequently Asked Questions

What does Nextenergy Center do?▼

Nextenergy Center is a environment nonprofit organization based in Michigan. It is classified under NTEE code C35 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Nextenergy Center financially healthy?▼

Based on our 9-metric Financial Health Score model, Nextenergy Center has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Nextenergy Center generate?▼

Nextenergy Center reports $4.7M in annual revenue and holds $7.2M in total assets, based on IRS filings.

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