Nonprofit · EIN 46-4091036
NEXT GENERATION ACADEMY INC
Also known as NEXT GENERATION ACADEMY
Tax-exempt · RUTHERFORDTON, NC 28139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,881,928 | $6,790,710 | $91,218 | $835,286 | $500,890 | $334,396 |
| June 30, 2024 | 990 | $6,010,958 | $6,024,402 | -$13,444 | $1,313,755 | $1,070,577 | $243,178 |
| June 30, 2023 | 990 | $6,159,342 | $5,722,206 | $437,136 | $2,194,293 | $1,937,671 | $256,622 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,338,765
- of which government grants
- $1,334,152
- Program service revenue
- $5,543,163
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $3,395,703
- Salaries, compensation and benefits (total)
- $3,960,683
- Professional fundraising fees
- $0
- Legal fees
- $7,391
- Accounting fees
- $10,530
- Occupancy
- $146,584
- Depreciation
- $768,728
- Program services (functional)
- $5,086,582
- Management and general (functional)
- $1,704,128
Balance sheet and other
- Total assets, start of year
- $1,313,755
- Total assets, end of year
- $835,286
- Total liabilities, end of year
- $500,890
- Net assets, end of year
- $334,396
- Land, buildings and equipment
- $204,969
- Net assets without donor restrictions
- $334,396
- Gross receipts
- $6,881,928
- Employees
- 96
- Year formed
- 2013
- State of legal domicile
- NC
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Samuel Misher | CEO Key employee | 40 | $81,870 |
| Luis Bastidas | Board Member Trustee or director | 1 | $0 |
| Donna Foster | Board Member Trustee or director | 1 | $0 |
| Charles Johnson | Board Member Trustee or director | 1 | $0 |
| David Miller | Board Chair Trustee or director, Officer | 2 | $0 |
| Brian Moore | Treasurer Trustee or director, Officer | 1.5 | $0 |
| Rosalyn Moore | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Luis Bastidas | Board Member Trustee or director | 1 | $0 |
| Charnelle Shephard | Board Member Trustee or director | 1 | $0 |
| Donald Williams | Board Member Trustee or director | 1 | $0 |
| David Miller | Board Chair Trustee or director, Officer | 2 | $0 |
| Brian Moore | Treasurer Trustee or director, Officer | 1.5 | $0 |
| Sebastian King | Vice Chair Trustee or director, Officer | 1.5 | $0 |
| Ronnie Liggins Jr | Board Member Trustee or director | 1 | $0 |
| Dr Samuel Misher | CEO Key employee | 40 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Samuel Misher | CEO Key employee | 40 | $82,500 |
| Luis Bastidas | Board Member Trustee or director | 1 | $0 |
| Charnelle Shephard | Board Member Trustee or director | 1 | $0 |
| Donald Williams | Board Member Trustee or director | 1 | $0 |
| David Miller | Board Chair Trustee or director, Officer | 2 | $0 |
| Brian Moore | Treasurer Trustee or director, Officer | 1.5 | $0 |
| Sebastian King | Vice Chair Trustee or director, Officer | 1.5 | $0 |
| Ronnie Liggins Jr | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 86, RUTHERFORDTON, NC 28139-0086
- In care of
- % DAVID MILLER
- Mailing address (990-N for 2017)
- 1414 Cliffwood Drive, Greensboro NC 27406
- Principal officer (990 for 2024)
- Samuel W Misher, 3470 South Holden Road, Greensboro, NC 27406
- Principal officer (990-N for 2017)
- Samuel Misher, PO Box 36496, Greensboro NC 27416
- Signed the 990
- Samuel W Misher, CEO
- Phone
- (336) 271-9030
- Return prepared by
- Rebekah Barr CPA PC
Mission
Operation of a public charter school.
Program accomplishments
- Operated a public charter school in Greensboro, North Carolina serving approximately 484 students for the fiscal year ended June 30, 2025.Expenses $5,086,582
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4091036
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $835,286
- Income (IRS master file)
- $6,881,928
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,881,928 | $6,790,710 | $835,286 | XML |
| 990 | June 2024 | $6,010,958 | $6,024,402 | $1,313,755 | XML |
| 990 | June 2023 | $6,159,342 | $5,722,206 | $2,194,293 | XML |
| 990 | June 2022 | $5,535,592 | $5,285,497 | $512,660 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-N for 2017 Officer: Samuel Misher | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 46-4091036).
Questions about NEXT GENERATION ACADEMY INC
- What is the EIN of NEXT GENERATION ACADEMY INC?
- The employer identification number (EIN) of NEXT GENERATION ACADEMY INC is 46-4091036.
- Is NEXT GENERATION ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to NEXT GENERATION ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEXT GENERATION ACADEMY INC 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 NEXT GENERATION ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEXT GENERATION ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEXT GENERATION ACADEMY INC?
- The 990 for the year ended June 30, 2025 names Samuel W Misher.
- Who are the officers and directors of NEXT GENERATION ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $81,870 (Dr Samuel Misher, CEO).
- How much revenue does NEXT GENERATION ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,881,928, expenses of $6,790,710 and total assets of $835,286 at year end.
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All nonprofits in RUTHERFORDTON · North Carolina · Education