Our Next Generation Inc
- Assets
- $797.1k
- Revenue
- $495.5k
- Investments
- $119.4k
- Employees
- 15
- Location
- Milwaukee, WI
- Founding
- 09/1993
- Data as of
- 12/2021
- EIN
- 39-1761838
Organization Overview
Our Next Generation Inc is located in Milwaukee, WI. The organization was established in 1993. As of 12/2021, Our Next Generation Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Next Generation Inc 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, Our Next Generation Inc generated $495.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $588.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR NEXT GENERATION (ONG) WAS INCORPORATED AS A NON-PROFIT IN 1993 WITH A MISSION TO SERVE THE CHILDREN OF OUR NEIGHBORHOODS WITH PROGRAMS FOCUSED ON IMPROVING EDUCATIONAL OUTCOMES AND LIFE SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR COMMUNITY OF LEARNER PROGRAMS SERVE TO IGNITE LEARNING AND ENCOURAGES PERSONAL GROWTH AND POSITIVE YOUTH DEVELOPMENT. WE FOCUS ON HELPING CHILDREN 1ST THROUGH 12TH GRADE DEVELOP ESSENTIALL ACADEMIC, INTERPERSONAL AND LIFE SKILLS THAT PRODUCE SELF-SUFFICIENT, RESPONSIBLE AND PRODUCTIVE ADULTS. OUR PROGRAMS INCLUDE: HOMEWORK CLUB, OUTBOUND LEARNING, HIGH SCHOOL CONNECTION, ART AND LITERACY PROGRAMS AND HEALTHY MEALS. ADDITIONALLY OUR SUMMER CAMP CONTINUES TO PROVIDE A SAFE AND ENGAGING LEARNING EXPERIENCE FOR STUDENTS IN A STRUCTURED ENVIRONMENT THAT ADDRESSES THE BASIC NEEDS OF ACADEMICS AND ENRICHMENT, BALANCED MEALS, CARING ADULTS AND EXPERENTIAL ACTIVITIES. EVEN DURING THE COVID 19 LOCKDOWN, ONG CONTINUED TO PROVIDE THESE SERVICES IN A VIRTUAL FORMAT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
La Toya Sykes President & CEO | OfficerTrustee | 40 | $130,004 |
Alicia Buttchen Treasurer | OfficerTrustee | 1 | $0 |
Ptosha Davis Chair | OfficerTrustee | 1 | $0 |
Melissa Mccord Vice Chair | OfficerTrustee | 1 | $0 |
John Goller Director | Trustee | 1 | $0 |
Praveen Goday Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,460 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $176,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $304,455 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $484,915 |
| Total Program Service Revenue | $1,750 |
| Investment income | $6,362 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,500 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $495,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $171,428 |
| Compensation of current officers, directors, key employees. | $21,037 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $179,888 |
| Pension plan accruals and contributions | $3,602 |
| Other employee benefits | $6,899 |
| Payroll taxes | $24,757 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,504 |
| Advertising and promotion | $0 |
| Office expenses | $25,721 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,883 |
| Travel | $8,062 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,367 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,389 |
| Insurance | $24,090 |
| All other expenses | $3,772 |
| Total functional expenses | $588,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,834 |
| Savings and temporary cash investments | $21,338 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,062 |
| Net Land, buildings, and equipment | $241,112 |
| Investments—publicly traded securities | $334,389 |
| Investments—other securities | $119,374 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $797,109 |
| Accounts payable and accrued expenses | $17,857 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,857 |
| Net assets without donor restrictions | $779,252 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $797,109 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Our Next Generation Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Dudley And Constance Godfrey Foundation Inc Milwaukee, WI PURPOSE: CHARITABLE | $2,500 |
Endowment Analysis
| Beg. Balance | $381,220 |
| Other Expense | $381,220 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Individual Advocacy Group Inc Romeoville, IL | $20,408,009 | $45,272,055 |
Illinois Coalition For Immigrant And Refugee Rights Chicago, IL | $10,681,553 | $36,605,381 |
Heartland Alliance International Llc Chicago, IL | $4,003,603 | $21,366,546 |
Restoration Action Downers Grove, IL | $4,996,955 | $20,512,077 |
Feed My People Inc Eau Claire, WI | $8,711,861 | $16,922,508 |
Disabled Citizens Alliance For Indep Inc Fiscal Agent Viburnum, MO | $23,946,615 | $13,277,061 |