Next Chapter Reentry Project FY2024 filing
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Restores people impacted by incarceration to God, family, and community through holistic gospel transformation. For fiscal year 2024 it reported $369K in revenue, $440K in expenses, and $646K in net assets.Pt I
Summary of the Filing
Where the work happens
Provide housing, education, and training to approximately 150 formerly incarcerated individuals to enable successful re-entry into society at large.
Provide education and ministry to approximately 50 high-risk youth who have been impacted by crime to try to break the cycle of incarceration before adulthood and restore relationships with family, god, and community.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Dr Torianto S Johnson SR’s $100K as Executive Director is at the 77th percentile of top reported officer pay among 1398 $100K–1M crime & legal nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 70% | — | — |
| Overhead ratio | 26% | — | — |
| Fundraising cost ratio | 8% | — | — |
| Revenue growth | -10% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 1% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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