NEW GENERATIONS FOUNDATION INC (EIN 833129647) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Phone

6034568531

Tax Period

2024-01-01 to 2024-12-31

NEW GENERATIONS FOUNDATION INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $845K in total revenue in fiscal year 2024. Revenue surged 875% from the prior year, signaling strong growth momentum. Expenses of $809K left a modest 4% surplus.

Mission

Plan 2040 seeks to empower new generations with resources for lifelong success and resilience. Our comprehensive initiative is aimed at enhancing community development and opportunities for underserved children and families,focusing on health, education,family support,economic stability, and spiritual growth.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $844,588

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $844,589

Expense Breakdown

Grants Paid $770,379

Salaries & Benefits $0

Fundraising Expenses $8,000

Program Expenses $770,379

Other Expenses $38,221

TOTAL EXPENSES $808,600

Year-over-Year Comparison

	2024	2023	Change
Revenue	$844,589	$86,652	+8.7%
Expenses	$808,600	$85,817	+8.4%
Net Income	$35,989	$835	+42.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALFONSO GONZALEZ	President	2.00	Officer Director	$0	$0	$0
DOUG KEARNEY	Director	1.00	Director	$0	$0	$0
ROBERTO SANCHEZ MEJORADA	Treasurer	5.00	Officer Director	$0	$0	$0
MARK MATIA	Director	1.00	Director	$0	$0	$0
MICHAEL MARROW	Director	1.00	Director	$0	$0	$0
MANUEL CARVALLO	Secretary	2.00	Officer 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	$844,589	$808,600	$56,754	$35,989
2023	$86,652	$85,817	$18,815	$835
2022	$276,734	$319,194	$17,980	$-42,460
2021	$126,809	$269,125	$60,440	$-142,316
2020	$497,945	$336,509	$202,756	$161,436
2019	$46,710	$5,390	$41,320	$41,320

NEW GENERATIONS FOUNDATION INC