Reed Next Inc
Our mission is to support and improve the lives of individuals with autism, to learn, live, work and thrive in their communities.
Reed Next Inc at a glance
In short: Reed Next Inc gave $723K across 2 grants in 2025 (avg $362K), mostly in New Jersey. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $723,442
- -22.2% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $361,721
- -22.2% vs 2024
- Median grant
- $361,721
- Total assets
- $3,253,620
- +10.3% vs 2024
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Reed Next Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Reed Foundation ($417K). Together the top 2 received $723K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was in the $250–500K range: 5 grants of 13 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Reed Next Inc gives
- Giving fell 25% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $612K (2020) to $1.5M (2021). In 2025 it made 2 grants totaling $723K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Reed Foundation Oakland, NJ | Autism Awareness/Jobs for Adults | $416,750 |
| Greens Do Good Reed Nonprofit Oakland, NJ | Autism Awareness/Jobs for Adults | $306,692 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $3,253,620 | $6,438,130 | $6,177,500 | $723,442 | 2 | $36,894 |
| 2024 | $2,950,282 | $5,772,873 | $5,520,110 | $930,100 | 2 | $31,017 |
| 2023 | $2,225,634 | $5,059,929 | $4,837,817 | $859,100 | 2 | $1,069 |
| 2022 | $2,907,469 | $4,377,678 | $4,155,432 | $961,000 | 3 | $978 |
| 2021 | $2,030,288 | $2,863,614 | $3,850,546 | $1,464,258 | 4 | $124 |
| 2020 | $1,310,317 | $1,834,176 | $1,736,475 | $612,160 | 3 | $-1,694 |
About Reed Next Inc
Based on IRS filings
Reed Next Inc is a public charity focused on Human Services, based in Oakland, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.3M in total assets. In 2025, it awarded 2 grants totaling $723K. Net investment income was $37K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Reed Next Inc is led by Chantelle Walker, CEO since 2025 (on filings since 2021); 7 of 15 officers listed in 2025 are compensated.
Officers on the 2025 filing
Chantelle Walker
CEO
Executive Director → CEO, 2025
On filings since 2021
14 hrs/week
$8K (2021) → $88K (2025)
Scott Marshall
Chairman
On filings since 2020
0.3 hrs/week
No compensation reported
Jill Nadison
Trustee
Executive Director → Trustee, 2022
On filings since 2020
0.3 hrs/week
$8K (2021) → $0 (2025)
David Wilson
Chief Clinical Director
Director → Chief Clinical Officer, 2024
Chief Clinical Officer → Chief Clinical Director, 2025
On filings since 2022
26.6 hrs/week
$561 (2022) → $106K (2025)
Francesca Saraniero
Director of Operations
Adult Ser Director → Director, 2024
Director → Director of Operations, 2025
On filings since 2022
40 hrs/week
$102K (2022) → $125K (2025)
Kristina Iacovino
Director of Committee Svcs
Director → Director of Committee Svcs, 2025
On filings since 2023
40 hrs/week
$104K (2023) → $115K (2025)
Kelsey Elbon
Clinical Director
New on the 2025 filing
40 hrs/week
$101K (2025)
Beth Picciano
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
John Key
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Joseph M. Forgione
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Michele Manley
CFO
On filings since 2023
16 hrs/week
$88K (2025)
Roy Park
Chief People & Culture Officer
New on the 2025 filing
20 hrs/week
$79K (2025)
Ken Nicholas
Vice President
Trustee → Vice President, 2024
On filings since 2020
0.3 hrs/week
No compensation reported
Mark Shanock
Secretary
On filings since 2020
0.3 hrs/week
No compensation reported
Rick Klinenberg
Treasurer
New on the 2025 filing
0.3 hrs/week
No compensation reported
Former officers (9)
- Former: Pat Capra (2020–2024) — Trustee
- Former: Richard Klinenberg (2020–2024) — Treasurer
- Former: Susie Arons (2020–2024) — Trustee
- Former: Tim Pernetti (2020–2024) — Trustee
- Former: Amy Silna-Soukas (2020–2023) — Vice President
- Former: William Soukas Esq. (2020–2023) — Board Attorney
- Former: Michele Yavarian (2022) — CFO
- Former: Kelly Archibald (2021) — Clinical Director
- Former: Laurie Murberg (2021) — Controller
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $125K, to Francesca Saraniero (DIR of Operations). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Reed Next Inc
How much does Reed Next Inc give each year?
Reed Next Inc gave $723K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $930K across 2 grants.
How large is Reed Next Inc?
Reed Next Inc reported $3.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.4M.
What is Reed Next Inc?
Reed Next Inc is a public charity focused on Human Services, based in Oakland, NJ. It holds $3.3M in total assets as of 2025.
Where does Reed Next Inc operate?
Reed Next Inc has awarded grants in New Jersey.
What is Reed Next Inc's EIN?
Reed Next Inc's EIN (Employer Identification Number) is 81-4163174. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 23, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
Live grants for the work Reed Next Inc funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Reed Next Inc's focus areas in our free grants database
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