philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Nextgen Education Fund FY2021 filing

Tax-deductible

San Francisco, CA501(c)(3)Since 2021Civil Rights & Advocacy EIN 86-3766505Revenue $725K in FY2021

On file with the IRSnextgenef.org548 Market Street 98097, 94104-5401 · San Francisco, CATax-exempt since Jun 2022Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Nextgen Education fund's mission is to educate, mobilize, and organize young people (ages 18-35) and promote youth civic engagement through voter Education, voter registration and get-out-the-vote activities.

501(c)(3) charity; gifts are tax-deductible.
20¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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 4
filings with a surplus
Average surplus $1.6M a year · 16% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
20%
of spending
Concern: 20% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 7.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
30
named funders · $16.9M
Looks good: 30 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$53K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$725K
Spent
$472K
To programs
20%
Net assets
$253K
By yearFY2021–FY2024
Revenue
$725K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$725K
FY2022$6.9M
FY2023$12.9M
FY2024$20.2M
Expenses
$472K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$472K
FY2022$899K
FY2023$9.1M
FY2024$24.0M
Net assets
$253K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$253K
FY2022$6.3M
FY2023$10.2M
FY2024$6.4M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 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 Jun 2022.

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

Where the money goes

20 cents of each dollar spent went to programs.

Program services 20% · $93K Management & general 42% · $198K Fundraising 38% · $181K

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

Something off? Claim to add context

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation
Gregory Serrurier
Bod, Director
$0Pt VII · Sec A
Edward White
Bod, Director
$0Pt VII · Sec A
Fleur Fairman
Bod, Director
$0Pt VII · Sec A
Zack Davis
Bod, Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Andrea Evans
Bod, Director
$0Pt VII · Sec A
Amy Freitag
Bod, Director
$0Pt VII · Sec A
Saray Grady
Bod, Director
$0Pt VII · Sec A
See Nextgen Education Fund executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Educates and mobilizes young adults to increase their civic engagement through voter activities.

Questions for Nextgen Education Fund

Tap to ask. Nextgen Education Fund sees how many people are interested.

Your first name shows with your question. Nextgen Education Fund answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $93K · in their own filed words · FY2021
01

Nextgen education fund aims to be the largest youth civic engagement organization in the country. We are a multi-issue and multi-racial organization that educates and empowers young people to transform our country and solve the challenges earlier generations have failed to address.

$93Kprogram 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 · FY2024
Fidelity Investments Charitable Gift FundFY2024$9.1M
Foundation for the CarolinasFY2024$2.0M
Voter Registration ProjectFY2024$1.1M
New Venture FundFY2024$1.0M
Nextgen Climate America INCFY2024$507K
United States Energy FoundationFY2024$500K
Freedom Together FoundationFY2024$500K
Rf Catalytic Capital INCFY2024$500K
Total grants receivedfrom 30 funders$16.9M
See all 30 funders →
Grants paid · 4 grants · $29.7M · 2023–2024
Nextgen Climate ActionCA · FY2024$22,296,635
America Votes Education FundDC · FY2024$10,000
Nextgen Climate ActionCA · FY2023$7,394,352
Center for Common GroundVA · FY2023$15,000

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$725K
Ln 12
Gifts and grantsLn 1h$725K
Money outPt IX
$472K
Ln 25
Programscol B$93K
Managementcol C$198K
Fundraisingcol D$181K
Owns and owesPt X
$253K
net assets · Ln 32
Cash and savingsLn 1–2$280K
Total assetsLn 16$305K
LiabilitiesLn 26$53K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$725K
Total revenueLn 12$725K
Assets in detailPt X, end of year
CashLn 1$280K
Cash and savings togetherLn 1–2$280K
Total assetsLn 16$305K
LiabilitiesLn 26$53K
Net assetsLn 32$253K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$280K
Total assetsLn 16$0$305K
LiabilitiesLn 26$0$53K
Net assetsLn 32$0$253K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$322K$59K$114K$149K
Other employee benefitsLn 9$35K$6K$13K$15K
Payroll taxesLn 10$26K$5K$8K$12K
Legal feesLn 11b$40K$40K
Other fees for servicesLn 11g$105$105
Office expensesLn 13$29K$15K$13K$741
OccupancyLn 16$5K$1K$3K$346
TravelLn 17$9K$5K$680$4K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$5K$5K
Total functional expensesLn 25$472K$93K$198K$181K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $20.2M$24.0M−$3.7M$6.4M 990 PDF
FY2023 $12.9M$9.1M$3.8M$10.2M 990 PDF
FY2022 $6.9M$899K$6.0M$6.3M 990 PDF
FY2021 Viewing $725K$472K$253K$253K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $725,000 revenue, 12 lines filed
I-8 Contributions and grants$725,000
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$725,000
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$382,442
I-16a Professional fundraising fees$0
I-17 Other expenses$89,970
I-18 Total expenses$472,412
I-19 Revenue less expenses$252,588
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $725,000 across 3 lines filed
VIII-1f All other contributions, gifts and grants$725,000
VIII-1h Total contributions, gifts and grants$725,000
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$725,000
Part IX · Statement of functional expenses $472,412 across 10 lines filed
IX-7 Other salaries and wagesPrograms $58,711 · Management $114,093 · Fundraising $149,215$322,019
IX-9 Other employee benefitsPrograms $6,395 · Management $13,245 · Fundraising $15,137$34,777
IX-10 Payroll taxesPrograms $4,853 · Management $8,467 · Fundraising $12,326$25,646
IX-11b Legal feesManagement $39,851$39,851
IX-11g Other fees for servicesManagement $105$105
IX-13 Office expensesPrograms $15,355 · Management $12,816 · Fundraising $741$28,912
IX-16 OccupancyPrograms $1,211 · Management $3,338 · Fundraising $346$4,895
IX-17 TravelPrograms $4,633 · Management $680 · Fundraising $3,613$8,926
IX-22 Depreciation, depletion and amortizationPrograms $2,097$2,097
IX-23 InsuranceManagement $5,184$5,184
IX-25 Total functional expensesPrograms $93,255 · Management $197,779 · Fundraising $181,378$472,412
Part X · Balance sheet $305,466 assets, 8 lines filed
X-1 Cash, non-interest-bearing$279,515
X-9 Prepaid expenses and deferred charges$10,368
X-14 Intangible assets$15,583
X-16 Total assetsStart of year $0$305,466
X-17 Accounts payable and accrued expenses$52,878
X-26 Total liabilitiesStart of year $0$52,878
X-32 Total net assets or fund balancesStart of year $0$252,588
X-33 Total liabilities and net assetsStart of year $0$305,466
Part XI · Reconciliation of net assets $252,588 net assets at year end
XI-1 Total revenue$725,000
XI-2 Total expenses$472,412
XI-3 Revenue less expenses$252,588
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$252,588

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.