Plan 2040 seeks to empower new generations with resources for lifelong success and resilience. Our comprehensive initiative is aimed at enhancing community development and opportunities for underserved children and families,focusing on health, education,family support,economic stability, and spiritual growth.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $3K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$87K
-69% vs prior year
Spent
$86K
To programs
86%
Net assets
$19K
By yearFY2020–FY2024
Revenue
$87K
FY2023▼ -69%
Tap a bar for its year
Revenue by fiscal year
FY2020$498K
FY2021$127K
FY2022$277K
FY2023$87K
FY2024$845K
Expenses
$86K
FY2023▼ -73%
Tap a bar for its year
Expenses by fiscal year
FY2020$337K
FY2021$269K
FY2022$319K
FY2023$86K
FY2024$809K
Net assets
$19K
FY2023▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$203K
FY2021$60K
FY2022$18K
FY2023$19K
FY2024$55K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2019.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $74K Management & general 13% · $11K Fundraising 0% · $350

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

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See New Generations Foundation INC executive salaries →

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers underserved children and families with resources for lifelong success and resilience.

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Provided by the organization

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2 programs · $74K · in their own filed words · FY2023
01

The organization contributed $60,080 to support Plan 2040 in Cuatrocienegas, Mexico,funding vital programs in education,healthcare,family support,and economic development for underserved families.

$60Kprogram expense
02

The organization returned $14,000 to Catholic World Mission (CWM) that was received in 2021 for the Camino San Jose project. These funds were not expended so they were returned.

$14Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$25K
Grants paid · 2 grants · $90K · 2020–2021
Unitemized GrantFY2021$36,743
Unitemized GrantFY2020$52,830

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$87K
Ln 12
Gifts and grantsLn 1h$87K
Investment incomeLn 3$1
Money outPt IX
$86K
Ln 25
Programscol B$74K
Managementcol C$11K
Fundraisingcol D$350
Owns and owesPt X
$19K
net assets · Ln 32
Cash and savingsLn 1–2$18K
Total assetsLn 16$19K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$87K
Noncash giftsLn 1g$2K
Investment incomeLn 3$1
Gains on assetsLn 7$0
Total revenueLn 12$87K
Assets in detailPt X, end of year
CashLn 1$5K
SavingsLn 2$12K
Cash and savings togetherLn 1–2$18K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$943
Other assetsLn 15$0
Total assetsLn 16$19K
LiabilitiesLn 26$0
Net assetsLn 32$19K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$17K$18K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1K$943
Total assetsLn 16$18K$19K
LiabilitiesLn 26$0$0
Net assetsLn 32$18K$19K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$60K$60K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$550$550
Accounting feesLn 11c$4K$4K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$5K$5K
Other fees for servicesLn 11g$245$245
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$315$315
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$16K$14K$2K$350
All other expensesLn 24e$135$135
Total functional expensesLn 25$86K$74K$11K$350

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $845K$809K$36K$55K 990 PDF
FY2023 Viewing $87K$86K$835$19K 990 PDF
FY2022 $277K$319K−$42K$18K 990 PDF
FY2021 $127K$269K−$142K$60K 990 PDF
FY2020 $498K$337K$161K$203K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $86,652 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $276,732$86,651
I-9 Program service revenue$0
I-10 Investment incomePrior year $2$1
I-11 Other revenue$0
I-12 Total revenuePrior year $276,734$86,652
I-13 Grants and similar amounts paidPrior year $187,870$60,080
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $131,324$25,737
I-18 Total expensesPrior year $319,194$85,817
I-19 Revenue less expensesPrior year −$42,460$835
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $86,652 across 9 lines filed
VIII-1f All other contributions, gifts and grants$86,651
VIII-1g Noncash contributions (included above)$1,688
VIII-1h Total contributions, gifts and grants$86,651
VIII-3 Investment incomeRelated to mission $1$1
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1$86,652
Part IX · Statement of functional expenses $85,817 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $60,080$60,080
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesManagement $550$550
IX-11c Accounting feesManagement $3,503$3,503
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $4,900$4,900
IX-11g Other fees for servicesManagement $245$245
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $315$315
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $14,000 · Management $1,739 · Fundraising $350$16,089
IX-24e All other expensesManagement $135$135
IX-25 Total functional expensesPrograms $74,080 · Management $11,387 · Fundraising $350$85,817
Part X · Balance sheet $18,815 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $12,637$5,446
X-2 Savings and temporary cash investmentsStart of year $4,085$12,426
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $1,258$943
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $17,980$18,815
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year −$24,394$13,815
X-28 Net assets with donor restrictionsStart of year $42,374$5,000
X-32 Total net assets or fund balancesStart of year $17,980$18,815
X-33 Total liabilities and net assetsStart of year $17,980$18,815
Part XI · Reconciliation of net assets $18,815 net assets at year end
XI-1 Total revenue$86,652
XI-2 Total expenses$85,817
XI-3 Revenue less expenses$835
XI-4 Net assets at start of year$17,980
XI-10 Net assets at end of year$18,815

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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