Civic Intelligence

Next Generation Men and Women Inc.

990 • Fiscal year 2020 • EIN 47-1865064

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 18, 2020

115 Martin Luther King Dr SWAtlanta, GA 30303

(678) 458-8123

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.16x

Higher debt load relative to assets than 66% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.14x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

79th percentile

29%

Higher net margin than 79% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

77th percentile

$72,500

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

89th percentile

88%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

30%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$553,254

Up $259,190 (+88%) from 2019

Net Assets

Up

$465,456

Up $180,546 (+63%) from 2019

Liabilities

Up

$87,798

Up $78,644 (+859%) from 2019

Revenue

Up

$631,203

Up $146,567 (+30%) from 2019

Expenses

Up

$450,657

Up $42,672 (+10%) from 2019

Net Income

Up

$180,546

Up $103,895 (+136%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2015: $93,637Liabilities 2015: $02015Assets 2016: $133,744Liabilities 2016: $266Net Assets 2016: $133,4782016Assets 2017: $50,159Liabilities 2017: $4,868Net Assets 2017: $45,2912017Assets 2018: $208,259Liabilities 2018: $0Net Assets 2018: $208,2592018Assets 2019: $294,064Liabilities 2019: $9,154Net Assets 2019: $284,9102019Assets 2020: $553,254Liabilities 2020: $87,798Net Assets 2020: $465,4562020Assets 2021: $768,318Liabilities 2021: $29,511Net Assets 2021: $738,8072021Assets 2022: $1,009,178Liabilities 2022: $60,022Net Assets 2022: $949,1562022Assets 2023: $1,380,103Liabilities 2023: $45,289Net Assets 2023: $1,334,8142023Assets 2024: $844,728Liabilities 2024: $30,189Net Assets 2024: $814,5392024Assets 2025: $658,218Liabilities 2025: $17,537Net Assets 2025: $640,6812025

Highlighted filing

2020

Assets$553,254
Liabilities$87,798
Net Assets$465,456

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2015: $129,071Expenses 2015: $35,434Net Income 2015: $93,6372015Revenue 2016: $216,030Expenses 2016: $166,589Net Income 2016: $49,4412016Revenue 2017: $220,611Expenses 2017: $308,797Net Income 2017: -$88,1862017Revenue 2018: $477,892Expenses 2018: $314,923Net Income 2018: $162,9692018Revenue 2019: $484,636Expenses 2019: $407,985Net Income 2019: $76,6512019Revenue 2020: $631,203Expenses 2020: $450,657Net Income 2020: $180,5462020Revenue 2021: $865,131Expenses 2021: $591,780Net Income 2021: $273,3512021Revenue 2022: $1,036,403Expenses 2022: $826,054Net Income 2022: $210,3492022Revenue 2023: $1,530,616Expenses 2023: $1,144,959Net Income 2023: $385,6572023Revenue 2024: $830,578Expenses 2024: $1,421,703Net Income 2024: -$591,1252024Revenue 2025: $1,278,136Expenses 2025: $1,474,157Net Income 2025: -$196,0212025

Highlighted filing

2020

Revenue$631,203
Expenses$450,657
Net Income$180,546
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 18, 2020
Return Version
2019v5.1
Gross Receipts
$661,132
Mission and Program Overview

Mission

Brings college and career readiness to life for underserved students across atlanta through exposure and support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$290,277$496,876▲ $206,599
Accounts Receivable-$28,378-
Land, Buildings, and Equipment, Net-$25,410-
Prepaid Expenses and Deferred Charges$3,787$2,590▼ $1,197
Total Assets$294,064$553,254▲ $259,190
Liabilities
Unsecured Notes Loans Payable-$48,432-
Accounts Payable and Accrued Expenses$9,154$39,366▲ $30,212
Total Liabilities$9,154$87,798▲ $78,644
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$284,910$465,456▲ $180,546
Total Net Assets Fund Balance$284,910$465,456▲ $180,546
Total Liabilities and Net Assets / Fund Balance$294,064$553,254▲ $259,190

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$25,410$0$25,410
Land$0-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Phillip OlaleyeExecutive DirectorFT$72,500$72,500

Board Members and Trustees

NameTitle
Benjamin SperlingDirector
Dina BaileyDirector
Ian CohenDirector
Kevin ThomasDirector
Rob SchulerDirector
Sabrina SerafinDirector
Samuel WakefieldDirector
Tori SilasDirector
Travis SaltersDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$587,462
Program Service Revenue
$0
Investment Income
$7,578
Other Revenue
$36,163
All Other Contributions
$587,462
Change in Net Assets
$180,546

Audited Revenue Reconciliation

Revenue per Audited Statements
$631,203
Revenue Not Reported on Form 990
$29,929
Total Revenue per Audited Statements
$661,132
Total Revenue per Form 990
$631,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$255,455
Other Expenses$195,202
Total Fundraising Expense$43,174
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$15,500$72,000$40,000$127,500
Other Salaries and Wages$95,000$5,016$0$100,016
Office Expenses$21,258$14,607$0$35,865
Payroll Taxes$9,038$5,727$3,174$17,939
Other Expenses$17,726$0$0$17,726
Occupancy$8,326$6,477$0$14,803
Other Employee Benefits$0$10,000$0$10,000
Advertising$0$7,750$0$7,750
Fees for Services Accounting$0$7,625$0$7,625
Insurance$0$2,947$0$2,947
Information Technology$0$1,759$0$1,759
Fees for Services Legal$0$1,000$0$1,000
Total Functional Expenses$272,245$135,238$43,174$450,657

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$480,586
Expenses per Audited Statements$450,657
Total Expenses per Form 990$450,657
Expenses Not Reported on Form 990$29,929
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$66,092
Fundraising Direct Expenses$29,929
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$66,092$66,092$29,929$36,163
Total Events$66,092$66,092$29,929$36,163
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Next Generation Men Inc
EIN
47-1865064
Phone
6784588123
Address
115 MARTIN LUTHER KING DR SW, ATLANTA, GA 30303
Doing Business As
Next Gen Men & Women

Signing Officer

Name
Phillip Olaleye
Title
Executive Director
Phone
6784588123
Signed
2020-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phillip Olaleye
Formed
2014
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
225

Preparer

Firm
HeltonSchuetze CPA LLC
Address
206 Derby Court, Acworth, GA 30102
Preparer
Joanne Schuetze CPA
Phone
6785962771
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

990 is presented for review by officers and board of directors before filing

Pt VI, Line 12C

Officers and board of directors monitor compliance

Pt VI, Line 15A

Reviewed by board of directors

Pt VI, Line 15B

Reviewed by officers and subject to approval by board of directors

Pt VI, Line 19

Information provided upon written request and board approval

Pt XI

ROUNDING

Financial Statement Notes

Pt X, Line 2

The organization has been classified as an exempt organization under the internal revenue code section 501(c)(3), and as such, no provision for income taxes has been provided. The organization applies the guidance on accounting for uncertain tax positions in fasb 740 income taxes and is generally no longer subject to income tax examinations for any years prior to three years from the filing of this return.

Pt XI, Line 2D

SPECIAL EVENTS EXPENSE

Pt XII, Line 2D

SPECIAL EVENTS EXPENSE

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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03174
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05727
IRS990/PayrollTaxesGrp/ProgramServicesAmt09038
IRS990/PayrollTaxesGrp/TotalAmt017939
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03787
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02590
IRS990/PrincipalOfficerNm0PHILLIP OLALEYE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0482671
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0163077
IRS990/PYOtherRevenueAmt01965
IRS990/PYRevenuesLessExpensesAmt076651
IRS990/PYSalariesCompEmpBnftPaidAmt0244908
IRS990/PYTotalExpensesAmt0407985
IRS990/PYTotalRevenueAmt0484636
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0180546
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0469549
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0653554
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0508671
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0500988
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0220611
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0216030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02099854
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07578
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07578
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07578
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07578
IRS990ScheduleA/InvestmentIncomeCYPct00.00360
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99640
IRS990ScheduleA/PublicSupportTotal509Amt02099854
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0653554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0508671
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0500988
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0220611
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0216030
IRS990ScheduleA/Total509Grp/TotalAmt02099854
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02107432
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt029929
IRS990ScheduleD/ExpensesSubtotalAmt0450657
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt029929
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt025410
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025410
IRS990ScheduleD/OtherRevenueAmt029929
IRS990ScheduleD/RevenueNotReportedAmt029929
IRS990ScheduleD/RevenueSubtotalAmt0631203
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS BEEN CLASSIFIED AS AN EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3), AND AS SUCH, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED. THE ORGANIZATION APPLIES THE GUIDANCE ON ACCOUNTING FOR UNCERTAIN TAX POSITIONS IN FASB 740 INCOME TAXES AND IS GENERALLY NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR ANY YEARS PRIOR TO THREE YEARS FROM THE FILING OF THIS RETURN.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENTS EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENTS EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025410
IRS990ScheduleD/TotalExpensesPerForm990Amt0450657
IRS990ScheduleD/TotalRevenuePerForm990Amt0631203
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0661132
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0480586
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt029929
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt066092
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt066092
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt066092
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt066092
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt036163
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt029929
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt029929
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 IS PRESENTED FOR REVIEW BY OFFICERS AND BOARD OF DIRECTORS BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND BOARD OF DIRECTORS MONITOR COMPLIANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED BY OFFICERS AND SUBJECT TO APPROVAL BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INFORMATION PROVIDED UPON WRITTEN REQUEST AND BOARD APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0294064
IRS990/TotalAssetsEOYAmt0553254
IRS990/TotalAssetsGrp/BOYAmt0294064
IRS990/TotalAssetsGrp/EOYAmt0553254
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0587462
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt043174
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0135238
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0272245
IRS990/TotalFunctionalExpensesGrp/TotalAmt0450657
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09154
IRS990/TotalLiabilitiesEOYAmt087798
IRS990/TotalLiabilitiesGrp/BOYAmt09154

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