Is Next Generation Ministries Legit?

Next Generation Ministries demonstrates consistent revenue generation, averaging over $200,000 annually in recent years, though the latest reported revenue of $106,646 is a significant decrease. The organization has generally managed its expenses close to its revenue, with some periods showing deficits (e.g., 202312 with expenses of $215,031 against revenue of $198,140). Its asset base has fluctuated but remains relatively modest, with $63,529 in assets as of 202312. A notable strength is the consistent reporting of 0% officer compensation, indicating that leadership is not drawing salaries from the organization, which can be a positive sign for donor confidence regarding administrative efficiency. However, the recent sharp decline in revenue to $106,646 and assets to $12,668 (as per the latest provided data point, distinct from the 202312 filing) raises concerns about financial stability and sustainability. While the 990 filings consistently show 0% officer compensation, the detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, making a precise assessment of spending efficiency challenging. The organization's long filing history (13 filings) suggests a commitment to compliance. Overall, Next Generation Ministries appears to be a lean operation, potentially relying heavily on volunteer efforts given the lack of officer compensation. The recent financial downturn warrants closer scrutiny, but the historical data suggests a generally stable, albeit small, organization. Transparency is good regarding officer compensation, but a more detailed expense breakdown would enhance understanding of their operational efficiency.