Nueva Generacion
- Assets
- $142.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaufort, NC
- Founding
- 02/2010
- Data as of
- 12/2021
- EIN
- 26-2251734
Organization Overview
Nueva Generacion is located in Beaufort, NC. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nueva Generacion is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Nueva Generacion generated $107.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $91.3k during the year ending 12/2021. While expenses have increased by 9.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS ARE PROVIDED TO CHILDREN THAT INCLUDES SCHOOL UNIFORMS, SCHOOL SUPPLIES, BOOKS, FOOD AND FAMILY SUPPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Schneider Director | 10 | $0 | |
Marie Claire Ribeill President | 1 | $0 | |
Cindi Freeman Board Member | 1 | $0 | |
Lisa Geyer Board Member | 1 | $0 | |
David Glickman Board Member | 1 | $0 | |
Steve Karbelnig Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,845 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $107,845 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $91,333 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,921 |
| Other assets | $0 |
| Total assets | $142,921 |
| Total liabilities | $0 |
| Net assets or fund balances | $142,921 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nueva Generacion has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Marcotte Family Foundation Inc Asheville, NC PURPOSE: PROGRAM OPERATIONS | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beemok Family Foundation Charleston, SC | $51,753,352 | $227,490 |
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Laura Holland Uzzell Foundation Morrisville, NC | $14,769,987 | $6,660,101 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |
Chi Omega Foundation Memphis, TN | $45,483,838 | $7,373,045 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
Memphis Teacher Residency Inc Memphis, TN | $5,540,031 | $6,575,161 |
South Carolina Educational Credit For Exceptional Needs Children Fun Columbia, SC | $1,181,238 | $5,546,279 |
Coca-Cola Scholars Foundation Inc Atlanta, GA | $71,605,468 | $31,599,185 |