Skip to main content

Nonprofit · EIN 83-3129647

NEW GENERATIONS FOUNDATION INC

Tax-exempt · ALPHARETTA, GA 30005

Financials

$87K$86K2023$845K$809K2024
Revenue Expenses · by fiscal year end
Financials of NEW GENERATIONS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$844,589$808,600$35,989$56,754$1,950$54,804
December 31, 2023990$86,652$85,817$835$18,815$0$18,815
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$844,588
Program service revenue
$0
Investment income
$1
Other revenue
$0

Expenses

Grants and similar amounts paid
$770,379
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$9,640
Accounting fees
$4,093
Depreciation
$315
Program services (functional)
$770,379
Management and general (functional)
$30,221
Fundraising (functional)
$8,000

Balance sheet and other

Total assets, start of year
$18,815
Total assets, end of year
$56,754
Total liabilities, end of year
$1,950
Net assets, end of year
$54,804
Land, buildings and equipment
$628
Net assets without donor restrictions
$44,183
Net assets with donor restrictions
$10,621
Gross receipts
$844,589
Employees
0
Year formed
2019
State of legal domicile
GA

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
ALFONSO GONZALEZPresident
Trustee or director, Officer
2$0
DOUG KEARNEYDirector
Trustee or director
1$0
ROBERTO SANCHEZ MEJORADATreasurer
Trustee or director, Officer
5$0
MARK MATIADirector
Trustee or director
1$0
MICHAEL MARROWDirector
Trustee or director
1$0
MANUEL CARVALLOSecretary
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
ALFONSO GONZALEZPresident
Trustee or director, Officer
2$0
BRAD RICHMONDTreasurer
Trustee or director, Officer
2$0
CEREE EBERLYSecretary
Trustee or director, Officer
2$0
ROBERTO SANCHEZ MEJORADADirector
Trustee or director
5$0
MARK MATIADirector
Trustee or director
1$0
MICHAEL MARROWDirector
Trustee or director
1$0
MANUEL CARVALLODirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
5815 WINDWARD PKWY STE 302, ALPHARETTA, GA 30005-4202
In care of
% ROBERTO SANCHEZ MEJORADA
Signed the 990
ROBERTO SANCHEZ MEJORADA, Treasurer
Phone
(603) 456-8531
Return prepared by
CARLOS J REYNOSO CPA

Mission

Plan 2040 seeks to empower new generations with resources for lifelong success and resilience. Our comprehensive initiative is aimed at enhancing community development and opportunities for underserved children and families,focusing on health,education,family support,economic stability and spiritual growth.

990 for the year ended December 31, 2024

Program accomplishments

  • In 2024, the organization invested in delivering holistic, community-centered services through its Plan 2040 initiative in both Cuatro Cinegas and Colonia Independencia, Mexico. A total of $770,000 was contributed to support critical programs in healthcare, education, family support, spiritual development, and economic empowerment for underserved families.In the area of health, services reached hundreds of families:In Cuatro Cinegas, 84% of children maintained up-to-date vaccinations, 453 received growth monitoring, 400 benefited from nutritional support, and 198 expectant mothers accessed prenatal care.In Colonia Independencia, where health outcomes tracking will begin in 2025, 134 expectant mothers received prenatal care during the year.In education, the program provided academic continuity and early childhood development:81% of children in Cuatro Cinegas completed the school year, with 119 finishing three years of preschool.In Colonia Independencia, 30% of children completed their school year, and 33 completed three years of preschool, with expanded measurement systems being implemented in 2025.Family support services remained a cornerstone of impact in both communities:99.7% of children in Cuatro Cinegas obtained legal registration, and 12,992 support visits were conducted.In Colonia Independencia, 94.7% of children were legally registered, with 6,317 home visits completed to provide guidance and care.Spiritual development was prioritized through faith-based mentorship:In Cuatro Cinegas, 64% of children were baptized and 89% received regular spiritual guidance.In Colonia Independencia, 65% of children were baptized, with all receiving regular spiritual support.Economic empowerment initiatives helped families build greater financial stability:In Cuatro Cinegas, 145 community members received job training, and 70% of financial literacy course participants earned certification.In Colonia Independencia, 8 individuals were trained for employment to help support household livelihoods.Through these integrated efforts and as the lead program of grantee CODICC, Plan 2040 continues to drive highly transformative, long-term change for vulnerable families in both Cuatro Cinegas and Colonia Independencia, strengthening the foundations of health, education, stability, and hope across generations.
    Expenses $770,379

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
83-3129647
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P99)
Assets (IRS master file)
$56,754
Income (IRS master file)
$844,589

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$844,589$808,600$56,754IRS
990December 2023$86,652$85,817$18,815XML
990December 2022$276,734$319,194$17,980IRS
990December 2021–––IRS
990December 2020–––IRS

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 83-3129647).

Questions about NEW GENERATIONS FOUNDATION INC

What is the EIN of NEW GENERATIONS FOUNDATION INC?
The employer identification number (EIN) of NEW GENERATIONS FOUNDATION INC is 83-3129647.
Is NEW GENERATIONS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to NEW GENERATIONS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW GENERATIONS FOUNDATION 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 NEW GENERATIONS FOUNDATION INC 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 NEW GENERATIONS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of NEW GENERATIONS FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does NEW GENERATIONS FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $844,589, expenses of $808,600 and total assets of $56,754 at year end.

Other nonprofits in ALPHARETTA

All nonprofits in ALPHARETTA · Georgia · Human services