Next Generation Ministries
Next Generation Ministries shows strong asset growth and no liabilities, with fluctuating but generally positive revenue trends.
EIN: 208802094 · Lexington, SC · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $898K |
| Total Expenses | $623K |
| Program Spending | 85% |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Next Generation Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Next Generation Ministries directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Next Generation Ministries
Next Generation Ministries (EIN: 208802094) is a nonprofit organization based in Lexington, SC, classified under NTEE code Q33. The organization reported total revenue of $898K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Next Generation Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Next Generation Ministries is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $743K |
| Total Expenses | $623K |
| Surplus / Deficit | +$120K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 16.2% |
| Months of Reserves | 19.5 months |
Financial Health Grade: A
In 2023, Next Generation Ministries reported a surplus of $120K with revenue exceeding expenses, holds 19.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Next Generation Ministries's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +231.7% | +45.2% | +13.4% |
| 2022 | -84.5% | +14.8% | -18.7% |
| 2021 | +548.7% | +83.0% | +4780.4% |
| 2020 | +47.6% | +22.9% | +591.2% |
| 2019 | +85.3% | +16.5% | -81.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Next Generation Ministries with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Next Generation Ministries allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $120K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, suggesting that key officers are either unpaid volunteers or their compensation is below the IRS reporting threshold, which is a positive sign for resource allocation to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Next Generation Ministries's IRS 990 filings:
- Significant year-to-year revenue volatility, making long-term financial planning potentially challenging.
Strengths
The following positive indicators were identified for Next Generation Ministries:
- Consistent reporting of zero liabilities, indicating strong financial health and low debt.
- Substantial growth in assets, exceeding $1 million in recent years.
- Consistent 0% officer compensation reported, suggesting efficient use of funds for mission.
- Positive net income in the latest filing (2023: Revenue $742,785 vs. Expenses $622,744).
Frequently Asked Questions about Next Generation Ministries
Is Next Generation Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Next Generation Ministries (EIN: 208802094) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Next Generation Ministries spend its money?
Next Generation Ministries directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Next Generation Ministries tax-deductible?
Next Generation Ministries is registered as a tax-exempt nonprofit (EIN: 208802094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Next Generation Ministries's spending goes to programs?
Next Generation Ministries directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Next Generation Ministries compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Next Generation Ministries is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Next Generation Ministries located?
Next Generation Ministries is headquartered in Lexington, South Carolina and files with the IRS under EIN 208802094. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Next Generation Ministries have?
Next Generation Ministries has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $898K in total revenue.
Is Next Generation Ministries financially stable?
Yes, the organization appears financially stable, consistently reporting zero liabilities and holding over $1 million in assets as of 2023, despite year-to-year fluctuations in revenue.
How has Next Generation Ministries' asset base changed over time?
Next Generation Ministries has seen substantial asset growth, from $3,254 in 2019 to over $1 million in 2021, maintaining a strong asset base of $1,013,005 in 2023.
What is the trend in revenue for Next Generation Ministries?
Revenue for Next Generation Ministries has been highly variable, with a peak of $1,448,727 in 2021, a dip to $223,958 in 2022, and a recovery to $742,785 in 2023.
Filing History
IRS 990 filing history for Next Generation Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Next Generation Ministries's revenue has grown by 185.9%, moving from $260K to $743K. Total assets increased by 1883.6% over the same period, from $51K to $1.0M. Total functional expenses rose by 188.7%, from $216K to $623K. In its most recent filing year (2023), Next Generation Ministries reported a surplus of $120K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $743K | $623K | $1.0M | $0 | — | View 990 |
| 2022 | $224K | $429K | $893K | $0 | — | — |
| 2021 | $1.4M | $373K | $1.1M | $0 | — | View 990 |
| 2020 | $223K | $204K | $22K | $0 | — | View 990 |
| 2019 | $151K | $166K | $3K | $0 | — | View 990 |
| 2018 | $82K | $143K | $18K | $0 | — | View 990 |
| 2017 | $199K | $158K | $79K | $0 | — | View 990 |
| 2016 | $71K | $58K | $38K | $0 | — | View 990 |
| 2015 | $56K | $66K | $25K | $0 | — | View 990 |
| 2014 | $140K | $105K | $35K | $0 | — | View 990 |
| 2013 | $166K | $187K | $3K | $3K | — | View 990 |
| 2012 | $242K | $271K | $21K | $0 | — | View 990 |
| 2011 | $260K | $216K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $743K, expenses of $623K, and assets of $1.0M (revenue +231.7% year-over-year).
- 2022: Revenue of $224K, expenses of $429K, and assets of $893K (revenue -84.5% year-over-year).
- 2021: Revenue of $1.4M, expenses of $373K, and assets of $1.1M (revenue +548.7% year-over-year).
- 2020: Revenue of $223K, expenses of $204K, and assets of $22K (revenue +47.6% year-over-year).
- 2019: Revenue of $151K, expenses of $166K, and assets of $3K (revenue +85.3% year-over-year).
- 2018: Revenue of $82K, expenses of $143K, and assets of $18K (revenue -59.1% year-over-year).
- 2017: Revenue of $199K, expenses of $158K, and assets of $79K (revenue +182.5% year-over-year).
- 2016: Revenue of $71K, expenses of $58K, and assets of $38K (revenue +25.4% year-over-year).
- 2015: Revenue of $56K, expenses of $66K, and assets of $25K (revenue -59.7% year-over-year).
- 2014: Revenue of $140K, expenses of $105K, and assets of $35K (revenue -15.7% year-over-year).
- 2013: Revenue of $166K, expenses of $187K, and assets of $3K (revenue -31.4% year-over-year).
- 2012: Revenue of $242K, expenses of $271K, and assets of $21K (revenue -7.0% year-over-year).
- 2011: Revenue of $260K, expenses of $216K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Next Generation Ministries:
Data Sources and Methodology
This transparency report for Next Generation Ministries is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.