Long history of IRS 990 filings (9 filings), indicating transparency and consistent operation.
Expenses generally kept below revenue in recent years (e.g., 2019: Revenue $479,410, Expenses $423,090), suggesting responsible financial management.
Spending Breakdown
How New Generation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about New Generation Inc
Is New Generation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Generation Inc (EIN: 20409655) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
Is New Generation Inc a good charity to donate to?
New Generation Inc has a Mission Score of 80/100. Revenue: $520K. Assets: $660K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Generation Inc?
The Employer Identification Number (EIN) for New Generation Inc is 20409655. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does New Generation Inc spend its money?
New Generation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Generation Inc's tax-exempt status?
You can verify New Generation Inc's tax-exempt status using EIN 20409655 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
New Generation Inc. demonstrates a consistent financial history with a notable trend of decreasing revenue and expenses over the past decade, from a high of $905,869 in revenue in 2012 to $479,410 in 2019. Despite this, the organization has maintained a healthy asset base, with current assets at $659,591, exceeding its liabilities. The organization's financial health appears stable, though its operational scale has reduced.
The organization's spending efficiency is difficult to fully assess without detailed expense breakdowns (program, administrative, fundraising) from the provided data. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive overhead, which is a positive indicator for spending efficiency. The NTEE code P450 (Youth Development Programs) suggests a focus on direct program delivery.
Transparency is generally good, with 9 years of IRS 990 filings available. The consistent reporting of zero officer compensation enhances trust. However, without a more granular breakdown of expenses, it's challenging to fully evaluate how efficiently funds are allocated between programs, administration, and fundraising. The lack of officer compensation is a strong positive for transparency regarding executive pay.