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Nonprofit · EIN 26-2522432

GEN NEXT

Tax-exempt · IRVINE, CA 92612

Financials

$2.3M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of GEN NEXT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,324,083$2,258,463$65,620$547,343$1,484,787-$937,444
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,312,687
Investment income
$0
Other revenue
$11,396

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$320,000
Other salaries and wages
$1,184,598
Salaries, compensation and benefits (total)
$1,589,541
Professional fundraising fees
$0
Legal fees
$39,292
Travel
$279,299
Depreciation
$1,485
Program services (functional)
$1,523,479
Management and general (functional)
$527,761
Fundraising (functional)
$207,223

Balance sheet and other

Total assets, start of year
$400,363
Total assets, end of year
$547,343
Total liabilities, end of year
$1,484,787
Net assets, end of year
-$937,444
Land, buildings and equipment
$3,376
Net assets without donor restrictions
-$937,444
Gross receipts
$2,324,083
Employees
11
Volunteers
6
Year formed
2008
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KAYT PRITTSVP MARKETING/ OFFICER
Officer
40$200,000
CARLOS ALFAROREGIONAL DIRECTOR
Highest-paid employee
40$120,000
PAUL MAKARECHIANCHAIRMAN
Trustee or director, Officer
1$0
JOHN RYDELLSECRETARY
Trustee or director, Officer
1$0
KEVIN DUNLAPDIRECTOR
Trustee or director
1$0
BRIAN FERGUSONDIRECTOR
Trustee or director
1$0
LORI OTTO PUNKEDIRECTOR
Trustee or director
1$0
CARL SELETZPRESIDENT
Officer
40$0
MICHAEL DAVIDSONCEO
Officer
45$0

Address and contacts

Address (IRS master file)
2646 DUPONT DR STE 60 PMB 507, IRVINE, CA 92612-7651
In care of
% STACY MIGNANO
Principal officer (990 for 2024)
KAYT PRITTS, 2646 DUPONT STE 60 507, IRVINE, CA 92612
Signed the 990
KAYT PRITTS, EXECUTIVE DIRECTOR
Phone
(877) 770-4698
Return prepared by
WEISS & COMPANY LLP

Mission

AN ORGANIZATION OF SUCCESSFUL INDIVIDUALS DEDICATED TO UNDERSTANDING ABOUT AND BECOMING ENGAGED WITH THE MOST PRESSING CHALLENGES FACING FUTURE GENERATIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE MEMBERSHIP PROGRAM IS DEDICATED TO TEACHING SUCCESSFUL INDIVIDUALS ON HOW TO BECOME MORE ENGAGED WITH THE MOST PRESSING CHALLENGES FACING FUTURE GENERATIONS. THE AREAS OF FOCUS FOR THE ORGANIZATION ARE GENERATIONAL LEADERSHIP, EDUCATION, ECONOMIC GROWTH, AND GLOBAL SECURITY.
    Expenses $1,523,479 · revenue $2,312,687
  • REGIONAL PROGRAMS AND LEADERSHIP SUMMITS ARE OPPORTUNITIES FOR MEMBERS TO MEET WITH PUBLIC OFFICIALS, HEADS OF THINK TANKS, STATE LEGISLATURES, AND MORE TO DISCUSS ISSUES THAT ARE RELEVANT TO FURTHERING THE MISSION OF GEN NEXT AND ITS MEMBERS.
  • INTERNATIONAL PROGRAM IS DESIGNED TO EXPOSE AMERICAN LEADERS AND ENTREPRENEURS TO LEADERSHIP IN VARIOUS PARTS OF THE WORLD.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-2522432
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$547,343
Income (IRS master file)
$2,324,083

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$2,617,298$2,562,324$400,363IRS
990December 2022$3,835,301$3,401,782$179,221IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about GEN NEXT

What is the EIN of GEN NEXT?
The employer identification number (EIN) of GEN NEXT is 26-2522432.
Is GEN NEXT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2009.
Are donations to GEN NEXT tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GEN NEXT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GEN NEXT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GEN NEXT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GEN NEXT?
The 990 for the year ended December 31, 2024 names KAYT PRITTS.
Who are the officers and directors of GEN NEXT?
The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $200,000 (KAYT PRITTS, VP MARKETING/ OFFICER).
How much revenue does GEN NEXT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,324,083, expenses of $2,258,463 and total assets of $547,343 at year end.

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