OUR NEXT GENERATION INC

EIN: 391761838 501(c)(3) Civil Rights & Advocacy

MILWAUKEE, WI

Total Revenue
$426,433
Total Expenses
$707,657
Total Assets
$366,614
Net Assets
$349,291
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
WI
Principal Officer
LA TOYA SYKES
Phone
4143442111
Tax Period
2024-01-01 to 2024-12-31

OUR NEXT GENERATION INC, founded in 1993, is a small nonprofit in the Civil Rights & Advocacy sector that reported $426K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $708K exceeded revenue, resulting in a 66% operating deficit.

Mission

OUR NEXT GENERATION (ONG) WAS INCORPORATED AS A NON-PROFIT IN 1993 WITH A MISSION TO SERVE THE CHILDREN OF OUR NEIGHBORHOODS WITH PROGRAMS FOCUSED ON IMPROVING EDUCATIONAL OUTCOMES AND LIFE SKILLS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $423,007
Program Service Revenue $0
Investment Income $3,426
Other Revenue $0
TOTAL REVENUE $426,433

Expense Breakdown

Grants Paid $0
Salaries & Benefits $481,097
Fundraising Expenses $12,297
Program Expenses $601,285
Other Expenses $226,560
TOTAL EXPENSES $707,657

Year-over-Year Comparison

2024 2023 Change
Revenue $426,433 $580,834 -0.3%
Expenses $707,657 $638,062 +0.1%
Net Income $-281,224 $-57,228 +3.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
20
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$175,271
Total Directors
11
$175,271
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LA TOYA SYKES PRESIDENT & CEO 40.00
Officer Director
$155,615 $19,656 $175,271
JOHN GOLLER DIRECTOR 1.00
Director
$0 $0 $0
ALICIA ANDERSON TREASURER 1.00
Officer Director
$0 $0 $0
PTOSHA DAVIS CHAIR 1.00
Officer Director
$0 $0 $0
JOHN DAWSON DIRECTOR 1.00
Director
$0 $0 $0
AMOS MALONE DIRECTOR 1.00
Director
$0 $0 $0
MARK FARRELL DIRECTOR 1.00
Director
$0 $0 $0
LANELLE RAMEY DIRECTOR 1.00
Director
$0 $0 $0
SARA MCNAMARA DIRECTOR 1.00
Director
$0 $0 $0
REBECCA SIMENZ DIRECTOR 1.00
Director
$0 $0 $0
DENISE THOMAS DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $426,433 $707,657 $366,614 $-281,224
2023 $580,834 $638,062 $654,661 $-57,228
2022 $622,652 $684,910 $673,864 $-62,258
2021 $495,527 $588,661 $797,109 $-93,134
2020 $448,487 $548,911 $929,667 $-100,424
2019 $505,974 $615,628 $904,819 $-109,654
2018 $647,851 $755,185 $961,182 $-107,334
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