Next Generation Foundation Next Generation

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

EIN: 872182568 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Next Generation Foundation Next Generation?

The Next Generation Foundation Next Generation is a nonprofit organization, headquartered with undisclosed details. Its primary mission involves granting scholarships to high school seniors and current cosmetology students, honoring the memory of Clarence Penny Jr. Beyond scholarships, the foundation also extends its reach to social service programs, catering to the needs of low-income clients. By providing these educational opportunities and social services, the Next Generation Foundation Next Generation aims to empower and uplift its community members.

Is Next Generation Foundation Next Generation legitimate?

Next Generation Foundation Next Generation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Next Generation Foundation Next Generation submitted a form 990EZ, 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Next Generation Foundation Next Generation?

The Next Generation Foundation Next Generation's mission involves providing scholarships for high school seniors and current cosmetology students, as well as offering social service programs for low-income clients. The foundation aims to support the educational aspirations of young individuals in the field of cosmetology and provide essential assistance to those in need within the community.

What is the revenue of Next Generation Foundation Next Generation?

Next Generation Foundation Next Generation's revenue in 2023 was $924.

Who are the executives of Next Generation Foundation Next Generation and what are their salaries?

There is 1 key member and their salary:


Dante Thompson (Exectuive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Next Generation Foundation Next Generation?

Next Generation Foundation Next Generation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Next Generation Foundation Next Generation

The Next Generation Foundation Next Generation is dedicated to two primary objectives. Firstly, it offers scholarships to high school seniors and current cosmetology students in honor of Clarence Penny Jr. This financial aid is instrumental in supporting the educational pursuits of these individuals, potentially paving the way for their future careers.

Secondly, the organization is committed to providing social service programs for low-income clients. These services aim to address their needs and improve their living standards. By offering such assistance, the Next Generation Foundation Next Generation contributes to the betterment of its community, ensuring that individuals in need have access to essential resources.

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Impact




August, 2024

Next Generation Foundation Next Generation provides crucial support to high school seniors and current cosmetology students through the Clarence Penny Jr. Memorial Scholarship. Additionally, the organization offers social service programs to assist low-income clients in Las Vegas, NV. The impact of Next Generation Foundation Next Generation can be seen in the tangible opportunities and services it provides to those in need within its community.




This information is meant to be a general summary of Next Generation Foundation Next Generation. 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
$924 (2023)
Expenses
$128 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $683
  • Gross Receipts: $924

Assets and Liabilities:

  • Total Assets: $1
  • Total Liabilities: $0
  • Net Assets: $1

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Organization Details

NTEE Category

Code: P20 - Human services

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