Nonprofit · EIN 83-3129647
NEW GENERATIONS FOUNDATION INC
Tax-exempt · ALPHARETTA, GA 30005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $844,589 | $808,600 | $35,989 | $56,754 | $1,950 | $54,804 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALFONSO GONZALEZ | President Trustee or director, Officer | 2 | $0 |
| DOUG KEARNEY | Director Trustee or director | 1 | $0 |
| ROBERTO SANCHEZ MEJORADA | Treasurer Trustee or director, Officer | 5 | $0 |
| MARK MATIA | Director Trustee or director | 1 | $0 |
| MICHAEL MARROW | Director Trustee or director | 1 | $0 |
| MANUEL CARVALLO | Secretary Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALFONSO GONZALEZ | President Trustee or director, Officer | 2 | $0 |
| BRAD RICHMOND | Treasurer Trustee or director, Officer | 2 | $0 |
| CEREE EBERLY | Secretary Trustee or director, Officer | 2 | $0 |
| ROBERTO SANCHEZ MEJORADA | Director Trustee or director | 5 | $0 |
| MARK MATIA | Director Trustee or director | 1 | $0 |
| MICHAEL MARROW | Director Trustee or director | 1 | $0 |
| MANUEL CARVALLO | Director 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $844,589 | $808,600 | $56,754 | IRS |
| 990 | December 2023 | $86,652 | $85,817 | $18,815 | XML |
| 990 | December 2022 | $276,734 | $319,194 | $17,980 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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.
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