Mission
NXT | CLT is Charlotte Metro’s premier small business development initiative aiming to empower and support BIPOC-owned businesses. By providing leadership education, access to capital, and mentorship, NXT | CLT fosters an inclusive ecosystem for high-potential small and medium-sized businesses to thrive.
Basic Information
Tax-Exempt
Founded in
2020
EIN
85-0657393
Total Assets
$624.6 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 3 goals
At a Glance
Join Cohort 9
Applications are now open for the next cohort of BIPOC-owned businesses to join the NXT | CLT initiative.
Executive Leadership Mastermind Sessions
NXT | CLT offers transformative experiences through leadership mastermind sessions tailored for entrepreneurs.
Podcast: Creating Your NeXT
Join Eric Lewis, the Executive Director, as he discusses important topics with community leaders.
Impact Stats
675k
Total Grants
Total Grants Awarded
Total amount of grants awarded to support local entrepreneurs.
53
Leaders Supported
Transformational Leaders
Number of transformational leaders fostered through the initiative.
7
Total Cohorts
Cohort Businesses
Total number of businesses involved in NXT | CLT cohorts.
Past Events
Mastermind Session: Collaborative Leadership
2023-09-28
Monthly mastermind sessions bringing together top-tier entrepreneurs for personal growth.
Mastermind Session: Mental Health Exploration
2023-10-12
Exploring mental health issues affecting entrepreneurs led by Dr. Ron Bell.
Our Programs
The Initiative
A comprehensive program offering leadership education, access to capital, and resources for BIPOC businesses.
Learn MoreTestimonials
"The sessions were great. But also the leadership and being able to engage with the leaders who were actually facilitating the program."
Anita Staton
Cohort #1 Graduate
Impact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
50
36
/100
Program Expense Ratio
90.28%
20
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0
2
/20
Working Capital Ratio
1.027
10
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 489.7K | 99.98% |
| Program Services | 0 | 0.00% |
| Investment Income | 111 | 0.02% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 489.8K | 100.00% |
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