New Generations Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $844,589
- Spending
- $808,600
- Spent on programs
- 95%
- Reserves
- 0.6 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 69 out of 100. Higher than 41% of charities in its peer group (human services, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.6 months of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
15 of 15Income exceeded spending by 4% of income.
Income trend
15 of 15Income rose 875% on the year before.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 94% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $770,379 spent. 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.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.