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New Generation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 481088753 ✦ Fort scott, KS ✦ Designated as a 501(c)(3)

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Overview

What is New Generation Inc?

New Generation Inc, based in Fort Scott, Kansas, is a nonprofit organization that focuses on preparing children for their entry into the public school system. With a team of 25 dedicated individuals, they run a pre-school and childcare program that aims to equip young minds with the necessary skills for their academic journey. The organization's mission is deeply rooted in this pre-school and childcare program, which plays a crucial role in their activities and mission statement.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This score reflects a strong emphasis on Accountability & Finance, where the organization has excelled, achieving a perfect score in several key areas such as independent board member composition and the absence of asset diversion.

New Generation Inc has demonstrated robust financial practices, with a 100% program expense ratio, indicating that all expenditures are directed towards their programs. The organization boasts an entirely independent board, affirming its commitment to accountability and governance. Furthermore, their liabilities to assets ratio of 0.00% suggests a solid financial standing.

However, the overall Two-Star rating indicates that while the organization performs well in financial metrics, it may not have met the higher thresholds required for a better rating. Potential donors may want to consider additional qualitative factors when evaluating the impact of New Generation Inc beyond financial accountability.


This AI summary has been generated from information found on Charity Navigator.

Is New Generation Inc legitimate?

New Generation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Generation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $76,490
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of New Generation Inc?

New Generation Inc's mission is centered around their pre-school and childcare program, with the primary objective of preparing children for their transition into the public school system. The organization strives to provide an educational environment that equips young learners with the necessary skills and knowledge required for this transition. By doing so, New Generation Inc aims to contribute positively to a child's overall development, setting them up for success in their academic journey.

Who is the CEO of New Generation Inc?

Elizabeth Nuss is the Secretary of New Generation Inc.

What is the revenue of New Generation Inc?

New Generation Inc's revenue in 2022 was $213,504.

Who are the executives of New Generation Inc and what are their salaries?

The average compensation at New Generation Inc during 2022 was $3,060. There are 25 employees at New Generation Inc.


Here are 4 key members and their salaries:


Amy Boyd (Secretary)
  • Compensation: $43,617
  • Related: $0
  • Other: $0
Elizabeth Nuss (Treasurer)
  • Compensation: $32,873
  • Related: $0
  • Other: $0
Kathy Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Wunderly (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Generation Inc?

New Generation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Generation Inc

New Generation Inc, a nonprofit organization, is dedicated to preparing children for their transition into the public school system through its pre-school and childcare program. The mission of this institution is to equip young learners with the necessary skills and knowledge required for this significant step in their educational journey. By offering a comprehensive pre-school and childcare program, New Generation Inc aims to provide a solid foundation for children, setting them up for success as they embark on their academic careers.

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Impact




October, 2024

New Generation Inc plays a vital role in Fort Scott, KS, by providing essential pre-school and childcare programs that prepare children for successful entrance into the public school system. By offering a structured and nurturing environment, the organization supports early childhood development, helping to lay a strong educational foundation for young learners.

The programs at New Generation Inc focus on equipping children with the skills and confidence they need to thrive in school. Through engaging activities, social interaction, and developmentally appropriate curricula, children are encouraged to explore, learn, and grow, ensuring they are well-prepared for the transition to formal education.

Moreover, New Generation Inc contributes to the broader community by supporting families and caregivers, alleviating some of the challenges associated with childcare. This support not only enhances the well-being of the families involved but also promotes a more educated and prepared future generation, ultimately benefiting the entire community in Fort Scott and beyond.




This information is meant to be a general summary of New Generation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$213,504 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Expenses
$385,694 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Efficiency
2011201220132014201520162017201820192020202120220%20%40%78%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $168,504
  • Gross Receipts: $213,504

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHILDCARE - PRE-SCHOOL

Revenue

$168,504

Organization Details

Founding Year

1990

Principal Officer

Elizabeth Nuss

Main Address

859 190TH ST, FORT SCOTT, KS, 66701

NTEE Category

Code: P33Z - Human services

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