Civic Intelligence

Next Generation Ministries

990 • Fiscal year 2021 • EIN 47-2438831

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

32565 B Golden Lantern St 266Dana Point, CA 92629

(949) 680-0468

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

21st percentile

-5.1%

Higher net margin than 21% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

59th percentile

$27,000

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

6th percentile

-24%

Faster asset growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

72nd percentile

44%

Faster revenue growth than 72% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$123,881

Down $38,153 (-24%) from 2020

Net Assets

Down

$123,881

Down $38,153 (-24%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$620,898

Up $191,167 (+44%) from 2020

Expenses

Up

$652,653

Up $256,044 (+65%) from 2020

Net Income

Down

-$31,755

Down $64,877 (-196%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $8,259Net Assets 2015: $8,2592015Assets 2016: $28,311Net Assets 2016: $28,3112016Assets 2017: $37,124Net Assets 2017: $37,1242017Assets 2018: $59,613Liabilities 2018: $0Net Assets 2018: $59,6132018Assets 2019: $128,912Liabilities 2019: $0Net Assets 2019: $128,9122019Assets 2020: $162,034Liabilities 2020: $0Net Assets 2020: $162,0342020Assets 2021: $123,881Liabilities 2021: $0Net Assets 2021: $123,8812021Assets 2022: $118,550Liabilities 2022: $0Net Assets 2022: $118,5502022Assets 2023: $25,768Liabilities 2023: $0Net Assets 2023: $25,7682023Assets 2024: $3,964Liabilities 2024: $0Net Assets 2024: $3,9642024

Highlighted filing

2021

Assets$123,881
Liabilities$0
Net Assets$123,881

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $56,328Expenses 2015: $74,906Net Income 2015: -$18,5782015Revenue 2016: $93,434Expenses 2016: $73,382Net Income 2016: $20,0522016Revenue 2017: $143,493Expenses 2017: $134,680Net Income 2017: $8,8132017Revenue 2018: $231,549Expenses 2018: $209,060Net Income 2018: $22,4892018Revenue 2019: $347,642Expenses 2019: $282,544Net Income 2019: $65,0982019Revenue 2020: $429,731Expenses 2020: $396,609Net Income 2020: $33,1222020Revenue 2021: $620,898Expenses 2021: $652,653Net Income 2021: -$31,7552021Revenue 2022: $619,476Expenses 2022: $624,807Net Income 2022: -$5,3312022Revenue 2023: $167,292Expenses 2023: $278,047Net Income 2023: -$110,7552023Revenue 2024: $3,655Expenses 2024: $25,459Net Income 2024: -$21,8042024

Highlighted filing

2021

Revenue$620,898
Expenses$652,653
Net Income-$31,755
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$620,898
Mission and Program Overview

Mission

Independent Learning Academy IS A PART OF NEXT GENERATION MINISTRIES AND is a ministry that is available for the homeschooling community to embrace. Its purpose and intent is to raise up and equip the next generation to fulfill their individual God-given purposes and to become leaders in their community making a difference in peoples lives. Through our engaging academic classes, enriching elective programs, and outreach ministries, we come along side you and your family to partner together to make an exceptional and memorable educational experience for your children that will make a lasting impact on their lives.

Independent Learning Academy is a school ministry to the homeschooling community. We are a part of Next Generation Ministries which is a non-profit organization that was created to raise up and equip the next generation to fulfill all of their God-given purposes. We function as a Private Satellite Program (PSP) that allows both charter, non-charter, and other PSP programs to take classes at our two day a week homeschooling campus. Enrollment into our own PSP is a separate application and has a separate application fee than the one on this website. Registering on this website and paying the $120 fee is for our classes only. It does not enroll you in our PSP.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$162,034$123,881▼ $38,153
Cash and Non-Interest-Bearing Accounts$134,870$116,015▼ $18,855
Other Notes and Loans Receivable, Net$10,076$0▼ $10,076
Land, Buildings, and Equipment, Net$11,376$7,226▼ $4,150
Savings and Temporary Cash Investments$5,712$640▼ $5,072
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$162,034$123,881▼ $38,153
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$162,034$123,881▼ $38,153
Total Liabilities and Net Assets / Fund Balance$162,034$123,881▼ $38,153

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,604$11,455$15,059
Other Land Buildings$3,622$4,868$8,490
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lesley RussellPresidentPT$27,000$27,000
Farida HsuDirectorPT$6,106$6,106

Board Members and Trustees

NameTitle
Teresa BakerDirector
Joe RussellSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$14,634
Program Service Revenue
$606,262
Investment Income
$2
Other Revenue
$0
All Other Contributions
$9,166
Change in Net Assets
$-31,755
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$558,468
Salaries, Compensation, and Employee Benefits$80,461
Total Fundraising Expense$45,080
Grants and Similar Amounts Paid$13,724
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$184,759$22,532$18,025$225,316
Fees for Services Other$89,104$3,634$2,908$95,646
Other Salaries and Wages$32,754$3,994$3,196$39,944
Current Officers, Directors, Trustees, and Key Employees$27,147$3,311$2,648$33,106
All Other Expenses$25,579$2,607$2,084$30,270
Grants to Domestic Orgs$13,724--$13,724
Advertising$11,906--$11,906
Other Expenses$9,587$1,169$935$11,691
Insurance$8,865$1,081$865$10,811
Payroll Taxes$6,077$741$593$7,411
Fees for Services Legal$5,938$724$579$7,241
Depreciation Depletion$3,403$415$332$4,150
Fees for Services Accounting$2,993$365$292$3,650
Travel$2,493$304$243$3,040
Office Expenses$1,638$199$160$1,997
Total Functional Expenses$551,222$56,351$45,080$652,653
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sean Feucht MinistryRedding, CA--$5,100
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Next Generation Ministries
EIN
47-2438831
Phone
9496800468
Address
32565 B GOLDEN LANTERN ST 266, DANA POINT, CA 92629

Signing Officer

Name
Lesley Russell
Title
President
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lesley Russell
Formed
2014
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Chris W Johnston CPA An Accountancy Corp
Address
629 Camino de los Mares Suite 203, San Clemente, CA 92673
Preparer
Chris W Johnston CPA
Phone
9492408015
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IRS990/Desc0Ministry to the homeschooling community that helps to equip students with skills, knowledge, and opportunities that will prepare them for success and independence as young adults. Our vision is one that embraces and encompasses the whole child and provides them with innovative curriculum, classes, and structure that gives them a different paradigm of education in which to thrive and express themselves.
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