Next Generation Focus INC EIN 41-2264512 Form 990 (PDF) Claim this org

Next Generation Focus INC FY2021 filing

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Supports youth development and education for children from PreK through 12th grade. For fiscal year 2021 it reported $345K in revenue, $171K in expenses, and $496K in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
Cumming, GA
Website
www.nextgenerationfocus.org
Filings
6 on file (2020–2021)
Revenue
$345KFY2021
Expenses
$171K
Net assets
$496K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  41-2264512 Public charity (501(c)(3)) Cumming, GA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Supports youth development and education for children from PreK through 12th grade.
Leadership
Amy Sol · Executive Dir. · $45K
Money in and out
$345K revenue, $171K expenses
Bottom line
96% program efficiency
Where the money goes · FY2021
Total revenue
$345K
Pt VIII · Ln 12
Total expenses
$171K
Pt IX · Ln 25
Net assets
$496K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $174K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.01 Fundraising $0.03
Program efficiency
96%
of spending reaches programs
Operating runway
36.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+50%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$345K
FY2021▲ +53%
Expenses
$171K
FY2021▲ +27%
Total assets
$507K
FY2021▲ +45%
Total liabilities
$11K
FY2021▼ -61%
Total revenue
$345K
Pt VIII · Ln 12
Total expenses
$171K
Pt IX · Ln 25
Net assets
$496K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$174K
Total assetsPt X · Ln 16$507K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNext Generation Focus INC
EINHdr · item D41-2264512
Principal addressHdr · item CCumming, GA
WebsiteHdr · item Jwww.nextgenerationfocus.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFSep 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b9
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Dir.
$45,000Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Amy Sol’s $75K as Executive Dir. is at the 67th percentile of top reported officer pay among 1984 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Amy Sol$75,000$75,000$62,400$54,000$45,000$45,000

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

1 program service account for $165K of program spending, described in the organization's own filed words · FY2020.
01

provided education and enrichment programs for at-risk students.

$165Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$307K · 89%
Program service revenue$38K · 11%
Contributions & grants89%$307K
Program service revenue11%$38K
Investment income$41
— government grantsLn 1e$103K
Total revenueLn 12$345K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.01 Fundraising $0.03
Program services96%$165K
Management & general1%$2K
Fundraising3%$5K
Total functional expensesLn 25$171K

Balance Sheet

Part X · end of year
CashLn 1$506K
Total assetsLn 16$507K
Total liabilitiesLn 26$11K
Total net assetsLn 32$496K
Months of cash on handcomputed35.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $506K · Operating expenses (Pt IX) $171K · Less non-cash grants $4K · Cash operating expenses/yr $166K
36.5 months
Where the money goes
Program services
Program services $165K · Total expenses $171K
96%
Management & General
Management & general $2K · Total expenses $171K
0.9%
Fundraising
Fundraising $5K · Total expenses $171K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $5K · Solicited contributions (2-yr avg) $185K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $307K · Total revenue $345K
89%
Government reliance
Government grants $103K · Total revenue $345K
30%
Earned-income share
Program service revenue $38K · Total revenue $345K
11%
Investment reliance
Investment income $41 · Total revenue $345K
+0.01%
Program self-sufficiency
Program service revenue $38K · Total expenses $171K
22%
Growth & trend
Revenue growth (YoY)
This year $345K · Prior year $226K
+53%
Net-asset trend (YoY)
End of year $496K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $345K · Expenses $171K
+50%
Liabilities-to-Assets
Total liabilities — · Total assets $507K
Net-asset ratio
Net assets $496K · Total assets $507K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $507K
0%
People & payroll
Highest Reported Total Compensation
Individual Amy Sol · Reported title Executive Dir. · Highest reported compensation $45K · Total expenses $171K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $132K · Total expenses $171K
77%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 0.9%
Fundraising cost ratio 1%
Revenue growth 53%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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 · FY2024
See all 6 funders →

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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
FY2025 (Latest)$860K revenue · ⤓ 990 PDF
FY2024$755K revenue · ⤓ 990 PDF
FY2023$1.0M revenue · ⤓ 990 PDF
FY2022$574K revenue · ⤓ 990 PDF
FY2021$345K revenue · viewing · ⤓ 990 PDF
FY2020$226K 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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