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Nonprofit · EIN 80-0115750

NEW LIFE FOR A NEW GENERATION

Tax-exempt (reinstated) · SAN ANTONIO, TX 78237

Financials

$236K$267K2022
Revenue Expenses · by fiscal year end
Financials of NEW LIFE FOR A NEW GENERATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2023990$235,533$267,486-$31,953$22,631$44,292-$21,661
Financial details: 990 for the year ended August 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,993
Investment income
$0
Other revenue
$231,540

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$66,924
Salaries, compensation and benefits (total)
$143,489
Professional fundraising fees
$0
Legal fees
$1,072
Accounting fees
$500
Travel
$64
Program services (functional)
$231,060
Management and general (functional)
$36,426

Balance sheet and other

Total assets, start of year
$21,511
Total assets, end of year
$22,631
Total liabilities, end of year
$44,292
Net assets, end of year
-$21,661
Land, buildings and equipment
$25,000
Gross receipts
$235,533
Employees
19
Volunteers
4
Year formed
2016
State of legal domicile
TX

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 August 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
MARQUICA REEDPRESIDENT &
Trustee or director, Officer
38$24,000
LATONYA WHITLEYVICE PRESIDE
Trustee or director, Officer
5$0
CARLENE HARDAWAYTREASURER
Trustee or director, Officer
5$0
DARLENE KEARNEYSECRETARY
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
6353 W COMMERCE ST 107, SAN ANTONIO, TX 78237-1069
In care of
% MARQICIA REED MNG
Mailing address (990-N for 2024)
6353 W COMMERCE ST 107, SAN ANTONIO TX 78237
Principal officer (990 for 2022)
MARQUICA REED
Principal officer (990-N for 2024)
MARQUICA REED, 6353 W COMMERCE ST 107, SAN ANTONIO TX 78237
Signed the 990
MARQUICA REED, PRESIDENT & CEO
Phone
(210) 563-9011
Return prepared by
BRITTS & ASSOCIATES LLP

Mission

GENERATION IS TO MAKE SUBSTANTIAL AND LASTING IMPROVEMENTS TO ENHANCE THE QUALITY OF LIFE BY PROVIDING EDUCATION, REFERRALS, MATERIALS ASSISTANCE AND SUPPORT SERVICES TO FAMILIES WHO ARE VICTIMS OF POVERTY AND ABUSE.

990 for the year ended August 31, 2023

Program accomplishments

  • GENERATION IS TO MAKE SUBSTANTIAL AND LASTING IMPROVEMENTS TO ENHANCE THE QUALITY OF LIFE BY PROVIDING EDUCATION, REFERRALS, MATERIALS ASSISTANCE AND SUPPORT SERVICES TO FAMILIES WHO ARE VICTIMS OF POVERTY AND ABUSE.
    Expenses $151,904
  • GENERATION IS TO MAKE SUBSTANTIAL AND LASTING IMPROVEMENTS TO ENHANCE THE QUALITY OF LIFE BY PROVIDING EDUCATION, REFERRALS, MATERIALS ASSISTANCE AND SUPPORT SERVICES TO FAMILIES WHO ARE VICTIMS OF POVERTY AND ABUSE.
    Expenses $79,156

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990-N on file
2023August 31, 2024January 15, 2025990-N on file

IRS record

EIN
80-0115750
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
August
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P20)

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
August 31, 2016
Reinstated
Effective May 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: MARQUICA REED
August 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: MARQUICA REED
August 31, 2024≤ $50,000 receipts––e-Postcard
990August 2023$235,533$267,486$22,631XML
990August 2022$343,119$456,527$21,511IRS

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 80-0115750).

Questions about NEW LIFE FOR A NEW GENERATION

What is the EIN of NEW LIFE FOR A NEW GENERATION?
The employer identification number (EIN) of NEW LIFE FOR A NEW GENERATION is 80-0115750.
Is NEW LIFE FOR A NEW GENERATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
Are donations to NEW LIFE FOR A NEW GENERATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW LIFE FOR A NEW GENERATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NEW LIFE FOR A NEW GENERATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW LIFE FOR A NEW GENERATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended August 31, 2025.
Who is the principal officer of NEW LIFE FOR A NEW GENERATION?
The 990 for the year ended August 31, 2023 names MARQUICA REED.
Who are the officers and directors of NEW LIFE FOR A NEW GENERATION?
The 990 for the year ended August 31, 2023 lists 4 people; 1 received compensation from the organization, the highest $24,000 (MARQUICA REED, PRESIDENT &).
How much revenue does NEW LIFE FOR A NEW GENERATION have?
On its 990 for the year ended August 31, 2023 it reported revenue of $235,533, expenses of $267,486 and total assets of $22,631 at year end.

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