New Generation INC EIN 02-0409655 Form 990 (PDF) Claim this org

New Generation INC

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Offers safe shelter and family support for homeless pregnant women and their children. For fiscal year 2021 it reported $682K in revenue, $524K in expenses.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Greenland, NH
Website
www.newgennh.org
Filings
2 on file (2020–2021)
Revenue
$682KFY2021
Expenses
$524K
Net assets
$0
People
8
Filings
2
Updates
0
More identity details & actions ⌄
EIN  02-0409655 Unknown exempt organization Greenland, NH
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers safe shelter and family support for homeless pregnant women and their children.
Leadership
Jennifer Stout · Director · $2K
Money in and out
$682K revenue, $524K expenses
Bottom line
+23% surplus margin
Reported financial activity · FY2021
Total revenue
$682K
Pt VIII · Ln 12
Total expenses
$524K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $158K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.20 Fundraising $0.10
Surplus margin
+23%
revenue over expenses, this year▲ +463% vs prior filing year
Program spending
70%
of expenses reach programs▲ +2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$682K
FY2021▲ +50%
Expenses
$524K
FY2021▲ +8%
Total assets
$0
FY2021▼ -100%
Total liabilities
$0
FY2021▼ -100%
Total revenue
$682K
Pt VIII · Ln 12
Total expenses
$524K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$158K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNew Generation INC
EINHdr · item D02-0409655
Principal addressHdr · item CGreenland, NH
WebsiteHdr · item Jwww.newgennh.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$1,600Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director (start Jan 2021)
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2021FY2020
Donna Marsh$49,347
Jennifer Stout$1,600$700

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

2 program services account for $368K of program spending, described in the organization's own filed words · FY2020.
01

Providing shelter and care to pregnant and homeless women regardless of race, religion, disability or economic status. In the last fiscal year, we served 55 women and children.New Generation will continue its mission as long as there is a need in the community.

$368Kprogram expense
02

Operations of a thrift shop located in Greenland, New Hampshire. Merchandise is donated by the public. Staffing is both paid employees and volunteers. Residents also work in the shops.Total gross receipts from the thrift shop during the fiscal year were $135,256 and related expenses totaled $92,573, resulting in a net gain of $42,682.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$694K · 102%
Program service revenue$18K · 3%
Investment income$15K · 2%
Contributions & grants102%$694K
Program service revenue3%$18K
Investment income2%$15K
— government grantsLn 1e$346K
Total revenueLn 12$682K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.20 Fundraising $0.10
Program services70%$368K
Management & general20%$102K
Fundraising10%$54K
Total functional expensesLn 25$524K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses (Pt IX) $524K · Less non-cash grants $96K · Cash operating expenses/yr $428K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $368K · Total expenses $524K
70%
Management & General
Management & general $102K · Total expenses $524K
20%
Fundraising
Fundraising $54K · Total expenses $524K
10%
Cost to raise $1
Fundraising expense (2-yr avg) $51K · Solicited contributions (2-yr avg) $346K
$0.15 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $694K · Total revenue $682K
102%
Government reliance
Government grants $346K · Total revenue $682K
51%
Earned-income share
Program service revenue $18K · Total revenue $682K
3%
Investment reliance
Investment income $15K · Total revenue $682K
+2%
Program self-sufficiency
Program service revenue $18K · Total expenses $524K
3%
Growth & trend
Revenue growth (YoY)
This year $682K · Prior year $455K
+50%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $682K · Expenses $524K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jennifer Stout · Reported title Director · Highest reported compensation $2K · Total expenses $524K
0.3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $367K · Total expenses $524K
70%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 20%
Fundraising cost ratio 8%
Revenue growth 50%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2021
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021 (Latest)$682K revenue · viewing · ⤓ 990 PDF
FY2020$455K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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