Next Generation Mission Inc
Next Generation Mission Inc. experiences significant revenue decline while maintaining zero officer compensation and minimal liabilities.
EIN: 203420956 · Chaska, MN · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $236K |
| Total Expenses | $46K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $600,000. |
| Net Assets | $12K |
| Transparency Score | 85/100 |
Is Next Generation Mission Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Next Generation Mission Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Next Generation Mission Inc
Next Generation Mission Inc (EIN: 203420956) is a nonprofit organization based in Chaska, MN, classified under NTEE code X21. The organization reported total revenue of $236K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Next Generation Mission Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Next Generation Mission Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -15.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $46K |
| Surplus / Deficit | $-13,505 |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | -41.2% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2022, Next Generation Mission Inc reported a deficit of $14K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2022), Next Generation Mission Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -14.3% | +14.3% | -52.5% |
| 2021 | -80.5% | -76.9% | -8.0% |
| 2020 | -39.1% | -46.2% | +283.1% |
| 2019 | -18.2% | -21.1% | -36.7% |
| 2018 | -4.6% | +1.9% | -63.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Mission Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Next Generation Mission Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with historical revenues reaching over $600,000.
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 Mission Inc's IRS 990 filings:
- Significant and sustained decline in annual revenue from $685,904 in 2013 to $32,791 in 2022, raising sustainability concerns.
- Very low asset base relative to historical revenue levels, suggesting limited financial reserves.
- Lack of detailed expense breakdown beyond total expenses in the provided summary makes precise program efficiency assessment difficult.
Strengths
The following positive indicators were identified for Next Generation Mission Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds away from executive salaries.
- Maintained zero or negligible liabilities across most filing periods, demonstrating sound debt management.
- Long filing history (12 filings) provides good transparency into past financial operations.
Frequently Asked Questions about Next Generation Mission Inc
Is Next Generation Mission Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Next Generation Mission Inc (EIN: 203420956) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Next Generation Mission Inc spend its money?
Next Generation Mission Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Next Generation Mission Inc tax-deductible?
Next Generation Mission Inc is registered as a tax-exempt nonprofit (EIN: 203420956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Next Generation Mission Inc CEO make?
Next Generation Mission Inc's highest-compensated officer earns $600,000. annually. The organization reported $236K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Next Generation Mission Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Next Generation Mission Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Next Generation Mission Inc located?
Next Generation Mission Inc is headquartered in Chaska, Minnesota and files with the IRS under EIN 203420956. It is classified under NTEE code X21.
How many years of IRS 990 filings does Next Generation Mission Inc have?
Next Generation Mission Inc has 12 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 $236K in total revenue.
Is Next Generation Mission Inc. a good charity?
Based on the available data, the charity exhibits strong financial responsibility with zero officer compensation and minimal liabilities. However, the significant decline in revenue from $685,904 in 2013 to $32,791 in 2022 raises questions about its current operational capacity and long-term sustainability.
Why has Next Generation Mission Inc.'s revenue decreased so dramatically?
The provided data does not specify the reasons for the revenue decline from a peak of $685,904 in 2013 to $32,791 in 2022. This trend warrants further investigation into funding sources, program changes, or external factors.
How does Next Generation Mission Inc. operate without paying officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization may be entirely volunteer-run at the executive level, or that officers are compensated through other means not reported as 'officer compensation' on the 990, or that the organization is very small and relies on external support for leadership.
What is the primary use of Next Generation Mission Inc.'s funds?
Given the 0% officer compensation and minimal liabilities, it is highly probable that the vast majority of funds are directed towards program services and essential administrative costs. However, without a detailed expense breakdown, the exact allocation remains an estimate.
Filing History
IRS 990 filing history for Next Generation Mission Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Next Generation Mission Inc's revenue has declined by 84.6%, moving from $214K to $33K. Total assets increased by 14.6% over the same period, from $11K to $12K. Total functional expenses fell by 79%, from $220K to $46K. In its most recent filing year (2022), Next Generation Mission Inc reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $33K | $46K | $12K | $0 | — | View 990 |
| 2021 | $38K | $41K | $26K | $0 | — | View 990 |
| 2020 | $196K | $175K | $28K | $0 | — | View 990 |
| 2019 | $322K | $326K | $7K | $0 | — | View 990 |
| 2018 | $393K | $413K | $12K | $0 | — | View 990 |
| 2017 | $412K | $406K | $31K | $0 | — | View 990 |
| 2016 | $343K | $364K | $25K | $0 | — | View 990 |
| 2015 | $440K | $429K | $46K | $0 | — | View 990 |
| 2014 | $475K | $471K | $35K | $0 | — | View 990 |
| 2013 | $686K | $660K | $29K | $2 | — | View 990 |
| 2012 | $287K | $294K | $3K | $0 | — | View 990 |
| 2011 | $214K | $220K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $33K, expenses of $46K, and assets of $12K (revenue -14.3% year-over-year).
- 2021: Revenue of $38K, expenses of $41K, and assets of $26K (revenue -80.5% year-over-year).
- 2020: Revenue of $196K, expenses of $175K, and assets of $28K (revenue -39.1% year-over-year).
- 2019: Revenue of $322K, expenses of $326K, and assets of $7K (revenue -18.2% year-over-year).
- 2018: Revenue of $393K, expenses of $413K, and assets of $12K (revenue -4.6% year-over-year).
- 2017: Revenue of $412K, expenses of $406K, and assets of $31K (revenue +20.3% year-over-year).
- 2016: Revenue of $343K, expenses of $364K, and assets of $25K (revenue -22.2% year-over-year).
- 2015: Revenue of $440K, expenses of $429K, and assets of $46K (revenue -7.4% year-over-year).
- 2014: Revenue of $475K, expenses of $471K, and assets of $35K (revenue -30.7% year-over-year).
- 2013: Revenue of $686K, expenses of $660K, and assets of $29K (revenue +138.8% year-over-year).
- 2012: Revenue of $287K, expenses of $294K, and assets of $3K (revenue +34.5% year-over-year).
- 2011: Revenue of $214K, expenses of $220K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Next Generation Mission Inc:
Data Sources and Methodology
This transparency report for Next Generation Mission Inc 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.