Nyc Next INC

EIN 85-3539248 Public charity (501(c)(3)) New York, NY
Is this your organization?
Claim it free, then get the verified mark.
Claim

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).


Nyc Next INC is a nonprofit based in New York, NY, formed in 2020. For fiscal year 2025 it reported $493K in revenue, $98K in expenses, and $385K in net assets.Pt I

Founded
2020
Type
Public charity (501(c)(3)) · Nonprofit
Location
New York, NY
Website
nycnext.org
Filings
1 on file (2025–2025)
Revenue
$493KFY2025
Expenses
$98K
Net assets
$385K
People
3
Compare with another nonprofit →
Provided by the organization

This section is blank until Nyc Next INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
a nonprofit
Leadership
Maryam Banikarim · President
Money in and out
$493K revenue, $98K expenses
Bottom line
64% program efficiency

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Yes — filed FY2025

Details →

Spent on programs?

warning 64% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

$100K–1M

Details →

Not in filings yet: foundation funders

Where the money goes · FY2025
Total revenue
$493K
Pt VIII · Ln 12
Total expenses
$98K
Pt IX · Ln 25
Net assets
$385K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $396K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.10 Fundraising $0.26
Program efficiency
64%
of spending reaches programs
Operating runway
48.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+80%
revenue over expenses, this year

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Nyc Next INC →

Run this organization? Claim this page

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue less expensesPt I · Ln 19$396K
Total assetsPt X · Ln 16$390K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CNyc Next INC
EINHdr · item D85-3539248
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jnycnext.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President & Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Nyc Next INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $63K of program spending, described in the organization's own filed words · FY2025.
01

Hosting and organizing community events open to the general public to reduce loneliness, convene communities, and provide additional healing effects of social connection. Longest table is a free community event that brings people together for a shared meal and conversation.

$63Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$489K · 99%
Investment income$4K · 1%
Contributions & grants99%$489K
Investment income1%$4K
Total revenueLn 12$493K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.10 Fundraising $0.26
Program services64%$63K
Management & general10%$10K
Fundraising26%$25K
Total functional expensesLn 25$98K

Balance Sheet

Part X · end of year
CashLn 1$390K
Total assetsLn 16$390K
Total liabilitiesLn 26$5K
Total net assetsLn 32$385K
Months of cash on handcomputed48.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $390K · Operating expenses/yr $98K
48.0 months
Where the money goes
Program services
Program services $63K · Total expenses $98K
64%
Management & General
Management & general $10K · Total expenses $98K
10%
Fundraising
Fundraising $25K · Total expenses $98K
26%
Cost to raise $1
Fundraising expense $25K · Solicited contributions $489K
$0.05 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $489K · Total revenue $493K
99%
Government reliance
Government grants — · Total revenue $493K
—
Earned-income share
Program service revenue $0 · Total revenue $493K
0%
Investment reliance
Investment income $4K · Total revenue $493K
+0.9%
Program self-sufficiency
Program service revenue $0 · Total expenses $98K
0%
Growth & trend
Revenue growth (YoY)
This year $493K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $385K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $493K · Expenses $98K
+80%
Liabilities-to-Assets
Total liabilities — · Total assets $390K
—
Net-asset ratio
Net assets $385K · Total assets $390K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $390K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Maryam Banikarim · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $98K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $98K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 64%——
Overhead ratio 10%——
Fundraising cost ratio 5%——

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.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$493K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.