Next Generation Manufacturing Inc
- Assets
- $68.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 02/2012
- Data as of
- 12/2021
- EIN
- 45-2699098
Organization Overview
Next Generation Manufacturing Inc is located in Atlanta, GA. The organization was established in 2012. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Next Generation Manufacturing Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Next Generation Manufacturing Inc generated $129.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $121.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. 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
THE NEXT GENERATION MANUFACTURING EVENT SHOWCASED THE MANUFACTURING RENAISSANCE THAT THE U.S. IS POISED TO EXPERIENCE AS MORE MANUFACTURERS PIONEER NEW PRODUCTS AND PROCESSES AND MORE JOBS ARE STAYING IN AMERICA OR BEING BROUGHT BACK. ATTENDEES HAD THE OPPORTUNITY TO MEET, HEAR FROM AND INTERACT WITH SENIOR EXECUTIVES FROM WORLD-LEADING MANUFACTURERS, DISCUSSING TOP INNOVATION METHODS AND SUCCESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regina Maddox Executive Director | 1 | $86,538 | |
Richard Kopelman Chairman | 10 | $0 | |
Nick Carse Board Member | 1 | $0 | |
Jim Reed Board Member | 1 | $0 | |
Shelley Foland Board Member | 1 | $0 | |
Bruce Hagenau Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,000 |
| Total Program Service Revenue | $9,856 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $129,856 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $86,538 |
| Professional fees and other payments to independent contractors | $5,448 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,145 |
| Other expenses | $27,844 |
| Total expenses | $120,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,382 |
| Other assets | $0 |
| Total assets | $68,382 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,382 |
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