NEW GENERATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Legal Domicile

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

SEE STATEMENT

Program Service Accomplishments

Program 1

Expenses: $406,596 Revenue: $0

Inform and educate the public regarding education reforms, investments and reforms made to keep our communities safe and violent criminals off the streets, efforts to phase out the state income tax and reduce wasteful government spending, and similar reforms, investments and efforts. Occasional this organization may attempt to influence the election of a person to state or local public office, with any such time or expense never being a majority of this organization's time and expenses.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
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