Next Generation Men And Women Inc
- Assets
- $1.0m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Atlanta, GA
- Founding
- 01/2015
- Data as of
- 06/2022
- EIN
- 47-1865064
Organization Overview
Next Generation Men And Women Inc, operating under the name Next Gen Men & Women, is located in Atlanta, GA. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Next Gen Men & Women employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Next Gen Men & Women 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 06/2022, Next Gen Men & Women generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $826.1k during the year ending 06/2022. While expenses have increased by 25.7% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BRINGS COLLEGE AND CAREER READINESS TO LIFE FOR UNDERSERVED STUDENTS ACROSS ATLANTA THROUGH EXPOSURE AND SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXECUTED A YEAR LONG PROGRAM FOR MULTIPLE COHORTS OF STUDENTS AIMED AT BRINGING COLLEGE AND CAREER READINESS TO LIFE FOR PARTICIPANTS. THE PROGRAMS MET ONE TO TWO TIMES PER WEEK AFTER SCHOOL AND ALSO INCLUDED MONTHLY EXPOSURE VISITS TO DIFFERENT COMPANIES AND COLLEGES ACROSS ATLANTA WHERE STUDENTS MET WITH REAL INDUSTRY PROFESSIONALS AND LEARNED WHAT IT TAKES TO ACHIEVE THE SPECIFIC CAREERS THEY ARE EXPERIENCING. THE STUDENTS ALSO PARTICIPATED IN MULTIPLE LARGE-SCALE EVENTS THROUGHOUT THE YEAR, INCLUDING A NETWORKING NIGHT, A CAREER DISCOVERY DAY, AND THE NEXT GEN GAMES - AN INTERSCHOLASTIC COMPETITION THAT TESTED THE SKILLS THE STUDENTS HAD WORKED ON THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Olaleye Executive Director | Officer | 40 | $82,000 |
Ashani O'mard Director | Trustee | 3 | $0 |
Michael Baptiste Director | Trustee | 3 | $0 |
Travis Salters Director | Trustee | 3 | $0 |
Arthur Mills Director | Trustee | 3 | $0 |
Rob Schuler Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $984,784 |
| Noncash contributions included in lines 1a–1f | $17,819 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $984,784 |
| Total Program Service Revenue | $0 |
| Investment income | $429 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $51,190 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,036,403 |
| 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. | $365,621 |
| Compensation of current officers, directors, key employees. | $94,573 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $7,545 |
| Other employee benefits | $22,772 |
| Payroll taxes | $28,078 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,204 |
| Fees for services: Accounting | $10,537 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,395 |
| Office expenses | $77,942 |
| Information technology | $1,599 |
| Royalties | $0 |
| Occupancy | $31,786 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,470 |
| Insurance | $2,883 |
| All other expenses | $78 |
| Total functional expenses | $826,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,915 |
| Savings and temporary cash investments | $595,025 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,730 |
| 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 | $2,590 |
| Net Land, buildings, and equipment | $21,713 |
| Investments—publicly traded securities | $19,365 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,840 |
| Total assets | $1,009,178 |
| Accounts payable and accrued expenses | $60,022 |
| 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 | $60,022 |
| Net assets without donor restrictions | $919,791 |
| Net assets with donor restrictions | $29,365 |
| 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 | $1,009,178 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Next Generation Men And Women Inc has recieved totaling $193,454.
| Awarding Organization | Amount |
|---|---|
Every Student Every Community Inc Atlanta, GA PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: YOUTH DEVELOPMENT | $60,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,554 |
Atl Tr Atlanta, GA PURPOSE: FIGHTING INEQUALITY IMPACTING BLACK YOUTH | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $11,000 |
Jewish Community Foundation Of Greater Kansas City Overland Park, KS PURPOSE: General support | $5,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iptay Clemson, SC | $124,989,602 | $72,209,791 |
Heartland For Children Inc Bartow, FL | $9,440,569 | $48,626,648 |
Youth Enrichment Program Of Wilson Wilson, NC | $22,968,665 | $15,099,824 |
Seeding Success Memphis, TN | $15,830,696 | $16,460,800 |
Florida Sheriffs Youth Ranches Inc Boys Ranch, FL | $84,342,372 | $25,037,131 |
National Association Of Competitive Soccer Clubs Myrtle Beach, SC | $2,349,314 | $12,740,248 |
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
Epic-Cure Inc St Augustine, FL | $312,618 | $8,316,447 |
Gulf Coast Childrens Advocacy Panama City, FL | $5,514,072 | $7,744,827 |
National Honorary Beta Club Spartanburg, SC | $16,976,895 | $7,178,910 |
Gang Alternative Inc Miami, FL | $2,177,395 | $7,044,505 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |