Nextgen Education Fund
- Assets
- $305.5k
- Revenue
- $725.0k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- Data as of
- 12/2021
- EIN
- 86-3766505
Organization Overview
Nextgen Education Fund is located in San Francisco, CA. Nextgen Education Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEXTGEN EDUCATION FUND'S MISSION IS TO EDUCATE, MOBILIZE, AND ORGANIZE YOUNG PEOPLE (AGES 18-35) AND PROMOTE YOUTH CIVIC ENGAGEMENT THROUGH VOTER EDUCATION, VOTER REGISTRATION AND GET-OUT-THE-VOTE ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEXTGEN EDUCATION FUND AIMS TO BE THE LARGEST YOUTH CIVIC ENGAGEMENT ORGANIZATION IN THE COUNTRY. WE ARE A MULTI-ISSUE AND MULTI-RACIAL ORGANIZATION THAT EDUCATES AND EMPOWERS YOUNG PEOPLE TO TRANSFORM OUR COUNTRY AND SOLVE THE CHALLENGES EARLIER GENERATIONS HAVE FAILED TO ADDRESS. OUR HOLISTIC STRATEGY UTILIZES ON-THE-GROUND FIELD OPERATIONS, SOPHISTICATED AND CREATIVE ONLINE ORGANIZING, SOCIAL MEDIA OUTREACH INCLUDING INFLUENCER PROGRAMS, PAID MEDIA EFFORTS, AND NATIONAL DISTRIBUTED PROGRAMS. THROUGH THIS INTEGRATED APPROACH, NEXTGEN EDUCATION FUND CONNECTS WITH AND MOBILIZES MILLIONS OF YOUNG PEOPLE EACH YEAR TO ELEVATE THEIR VOICES IN OUR COUNTRY'S DEMOCRATIC PROCESS. IN 2021, MANAGEMENT & ADMINISTRATIVE AND FUNDRAISING EXPENSES COMPRISED A LARGER PORTION OF TOTAL EXPENSES THAN THEY WILL ON AN ONGOING BASIS. DURING THE YEAR, THE ORGANIZATION SPENT A CONSIDERABLE AMOUNT OF TIME AND EXPENSE LAYING THE GROUNDWORK FOR THE NEW ORGANIZATION. ACTIVITIES INCLUDED DEVELOPING THE ORGANIZATION'S LEGAL FRAMEWORK, FUNDRAISING MODEL, POLICIES AND PROCEDURES, STRATEGY, AND PROGRAM. IN FUTURE YEARS, THE ORGANIZATION EXPECTS TO SPEND MORE TIME AND EXPENSE ON THEIR PROGRAM ACTIVITIES AS COMPARED TO MANAGEMENT & ADMINISTRATIVE AND FUNDRAISING ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Yetter General Counsel/secretary | Officer | 2 | $0 |
Risi Vera Finance Director/treasurer | Officer | 2 | $0 |
Cristina Tzintzn Ramirez Executive Director | Officer | 2 | $0 |
Gregory Serrurier Bod, Director | Trustee | 0.3 | $0 |
Edward White Bod, Director | Trustee | 1 | $0 |
Fleur Fairman Bod, Director | Trustee | 0.3 | $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 | $725,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $725,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $725,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $322,019 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,777 |
| Payroll taxes | $25,646 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $39,851 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $105 |
| Advertising and promotion | $0 |
| Office expenses | $28,912 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,895 |
| Travel | $8,926 |
| 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 | $2,097 |
| Insurance | $5,184 |
| All other expenses | $0 |
| Total functional expenses | $472,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,515 |
| Savings and temporary cash investments | $0 |
| 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 | $10,368 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $15,583 |
| Other assets | $0 |
| Total assets | $305,466 |
| Accounts payable and accrued expenses | $52,878 |
| 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 | $52,878 |
| Net assets without donor restrictions | $0 |
| 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 | $252,588 |
| Total liabilities and net assets/fund balances | $305,466 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nextgen Education Fund has recieved totaling $725,000.
| Awarding Organization | Amount |
|---|---|
Nextgen Climate America Inc Sacramento, CA PURPOSE: GENERAL SUPPORT | $725,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Development Foundation Woodland, CA | $499,472 | $124,731 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Community Action Partnership Of San Luis Obispo County Inc San Luis Obispo, CA | $35,822,140 | $99,105,503 |
San Francisco Culinary Bartenders & Service Employees Welfare Fund Seattle, WA | $67,749,672 | $85,873,278 |
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Rogue Credit Union Medford, OR | $2,944,952,062 | $136,267,424 |
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |