Next Generation Academy INC

IRS exemption revoked

Springfield, OHUnknown exempt organization EIN 83-0908825Revenue $220K in FY2022

On file with the IRS380 West Leffel Lane · Springfield, OH

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To be a community development center serving the local community engaging in a range of activities to promote community health, education and development, establish & maintain a child daycare/center

73¢ of each $1 spent went to programs.
Run by 3 volunteers and 10 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$102K
to officers and key staff · 45% of spending
Concern: pay to officers and key staff is 45% of spending; over 30%.
Pt VII · Sec A
Named funders
1
named funder · $45K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$220K
+45% vs prior year
Spent
$227K
To programs
73%
Net assets
$0
By yearFY2021–FY2022
Revenue
$220K
FY2022▲ +45%
Tap a bar for its year
Revenue by fiscal year
FY2021$151K
FY2022$220K
Net assets
$0
FY2022▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2021$8K
FY2022$0

From the FY2022 Form 990 · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on October 15, 2022

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $167K Management & general 27% · $60K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $102K paid to officers and key staff.

Part VII, Section A · reportable compensation
V. President/Administrator
$34,100Pt VII · Sec A
$24,770Pt VII · Sec A
Secretary/Treasurer
$21,850Pt VII · Sec A
$21,754Pt VII · Sec A
$0Pt VII · Sec A
—
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2022FY2021
Monica L Logan$34,100$14,679
Niles Savery$24,770—
Sharon Evans$21,850$9,900
Paige Freehaut$21,754—

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides community health, education, and development programs, including a childcare center.

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Provided by the organization

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1 program · $167K · in their own filed words · FY2022
01

Next generation academy provided quality childcare services to the greater springifeld, ohio community

$167Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$45K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$220K
Ln 12
Other incomeLn 4–11$134K
Fees for servicesLn 2g$86K
Money outPt IX
$227K
Ln 25
Programscol B$167K
Managementcol C$60K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A4
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$86K
Other incomeLn 4–11$134K
Total revenueLn 12$220K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 510
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Total assetsLn 16$0$0
LiabilitiesLn 26$0$0
Net assetsLn 32$0$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$81K$47K$34K$0
Other salaries and wagesLn 7$52K$52K$0$0
Management feesLn 11a$22K$22K$0$0
Accounting feesLn 11c$1K$0$1K$0
OccupancyLn 16$25K$0$25K$0
Other expenses (24a–d)Ln 24$47K$47K$0$0
Total functional expensesLn 25$227K$167K$60K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $220K$227K−$8K$0 990 PDF
FY2021 $151K$8K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $219,564 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,441$0
I-9 Program service revenuePrior year $42,046$86,016
I-10 Investment income$0
I-11 Other revenuePrior year $100,700$133,548
I-12 Total revenuePrior year $151,187$219,564
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $106,705$132,274
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $39,369$94,822
I-18 Total expensesPrior year $146,074$227,096
I-19 Revenue less expensesPrior year $5,113−$7,532
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $219,564 across 1 lines filed
Lines not itemized here account for $219,564 of total revenue; see the IRS return.
VIII-12 Total revenueRelated to mission $219,564 · Unrelated business $0 · Excluded from tax $0$219,564
Part IX · Statement of functional expenses $227,096 across 6 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $46,524 · Management $34,100 · Fundraising $0$80,624
IX-7 Other salaries and wagesPrograms $51,650 · Management $0 · Fundraising $0$51,650
IX-11a Management feesPrograms $21,850 · Management $0 · Fundraising $0$21,850
IX-11c Accounting feesPrograms $0 · Management $1,208 · Fundraising $0$1,208
IX-16 OccupancyPrograms $0 · Management $25,000 · Fundraising $0$25,000
IX-24 Other expenses (24a–d)Programs $46,764 · Management $0 · Fundraising $0$46,764
IX-25 Total functional expensesPrograms $166,788 · Management $60,308 · Fundraising $0$227,096
Part X · Balance sheet $0 assets, 4 lines filed
X-16 Total assetsStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$0
X-33 Total liabilities and net assetsStart of year $0$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$219,564
XI-2 Total expenses$227,096
XI-3 Revenue less expenses−$7,532
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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