Nonprofit · EIN 83-2467481
DCU NEXT GENERATION
Tax-exempt · WIXOM, MI 48393
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $6,670 | $10,295 | -$3,625 | $7,513 | – | $7,513 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $6,417
- Program service revenue
- $253
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $10,295
- Program services (functional)
- $2,608
Balance sheet and other
- Total assets, start of year
- $11,138
- Total assets, end of year
- $7,513
- Total liabilities, end of year
- –
- Net assets, end of year
- $7,513
- Cash, savings and investments
- $7,513
- Gross receipts
- $6,670
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-EZ for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Godfrey Aguwa Jr | Executive Director | 7 | $0 |
| Fonda Aguwa | President | 2 | $0 |
| Chioma Nwagbara | Secretary | 1 | $0 |
| Godfrey Aguwa Jr | Treasurer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 30766 TAMARACK ST APT 37311, WIXOM, MI 48393-2738
- In care of
- % GODFREY AGUWA JR
- Mailing address (990-N for 2022)
- 30766 Tamarack St 37311, Wixom MI 48393
- Principal officer (990-N for 2022)
- Godfrey Aguwa Jr, 30766 Tamarack St 37311, Wixom MI 48393
- Signed the 990-EZ
- Godfrey Aguwa Jr, Treasurer
- Website
- dcunextgen.org
Mission
Cultivating healthy financial literacy environments for underserved communities through early education entrepreneurship opportunities and engaged advocacy.
Program accomplishments
- Financial Literacy FiT for College is dedicated to preparing high school students transitioning into higher education through focused topics ranging from grants and student loans to shopping and roommates. Concluded finalized development of higher education planner.Expenses $2,385
- Began drafting plans to expand our youth entrepreneurship programming specifically Lemonade Day and potentially Youth Business Fair into the City of Detroit through strategic partnerships with school officials and local organizations.Expenses $223
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 83-2467481
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $7,513
- Income (IRS master file)
- $6,670
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2023 | $6,670 | $10,295 | $7,513 | XML |
| 990-N for 2022 Officer: Godfrey Aguwa Jr | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Godfrey Aguwa Jr | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Godfrey Aguwa Jr | December 31, 2019 | ≤ $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 83-2467481).
Questions about DCU NEXT GENERATION
- What is the EIN of DCU NEXT GENERATION?
- The employer identification number (EIN) of DCU NEXT GENERATION is 83-2467481.
- Is DCU NEXT GENERATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to DCU NEXT GENERATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DCU NEXT GENERATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of DCU NEXT GENERATION 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 DCU NEXT GENERATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
- Who is the principal officer of DCU NEXT GENERATION?
- The 990-N for 2022 names Godfrey Aguwa Jr.
- Who are the officers and directors of DCU NEXT GENERATION?
- The 990-EZ for the year ended December 31, 2023 lists 4 people; 0 received compensation from the organization.
- How much revenue does DCU NEXT GENERATION have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $6,670, expenses of $10,295 and total assets of $7,513 at year end.
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