NEW GENERATION INC

EIN: 923944407 Community Improvement

LITTLE ROCK, AR

Total Revenue
$1,145,190
Total Expenses
$406,596
Total Assets
$743,144
Net Assets
$738,594
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Legal Domicile
AR
Principal Officer
KEVIN CRASS
Phone
5013701592
Tax Period
2023-05-09 to 2023-12-31

NEW GENERATION INC is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2023. The organization ran a surplus of $739K, a strong 64% operating margin.

Mission

USHER IN LEADERSHIP & POLICIES THAT MAKE ARKANSAS THE BEST PLACE TO LIVE, WORK, AND RAISE A FAMILY.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,142,900
Program Service Revenue $0
Investment Income $2,290
Other Revenue $0
TOTAL REVENUE $1,145,190

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $406,596
Other Expenses $406,596
TOTAL EXPENSES $406,596

Year-over-Year Comparison

2023 2022 Change
Revenue $1,145,190 N/A N/A
Expenses $406,596 N/A N/A
Net Income $738,594 $0 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
5

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN CRASS CHAIRPERSON 2.0
Officer Director
$0 $0 $0
JONELL CALDWELL VICE CHAIRPERSON 2.0
Officer Director
$0 $0 $0
SHANE HENRY DIRECTOR 2.0
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 No data No data No data No data
2023 $1,145,190 $406,596 $743,144 $738,594
Explore More Nonprofits
→Top 100 Nonprofits in Arkansas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEW GENERATION INC with other nonprofits in Arkansas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.