Form 990 for tax year 2022

Totals

Total revenue

$6,938,050

Total expenses

$898,944

Contributions and grants received

$6,938,050

Grants paid

$0

Program service revenue

$0

Investment income

$0

Other revenue

$0

Total assets, end of year

$6,371,324

Total liabilities, end of year

$79,630

Net assets or fund balances, end of year

$6,291,694

Program services expenses (Part IX)

$341,401

Management and general expenses

$198,467

Fundraising expenses

$359,076

Program service expenses (Part III)

$341,401

Program services were 38.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• NEXTGEN EDUCATION FUND IS A NONPROFIT PUBLIC BENEFIT CORPORATION. THE ORGANIZATION WAS FISCALLY SPONSORED BY NEXTGEN POLICY IN 2022 UP UNTIL THE TIME AT WHICH IT RECEIVED ITS OFFICIAL TAX EXEMPTION STATUS IN AUGUST.NEXTGEN EDUCATION FUND AIMS TO BE THE LARGEST YOUTH CIVIC ENGAGEMENT ORGANIZATION IN THE COUNTRY. IT IS A MULTI-ISSUE AND MULTI-RACIAL ORGANIZATION THAT EDUCATES AND EMPOWERS YOUNG PEOPLE TO TRANSFORM OUR COUNTRY TO SOLVE THE CHALLENGES EARLIER GENERATIONS HAVE FAILED TO ADDRESS. NEXTGEN EDUCATION FUND UTILIZES A HOLISTIC STRATEGY, INCLUDING ON-THE-GROUND FIELD OPERATIONS, SOPHISTICATED AND CREATIVE ONLINE ORGANIZING, SOCIAL MEDIA OUTREACH INCLUDING INFLUENCER PROGRAMS, PAID MEDIA EFFORTS, AND NATIONAL DISTRIBUTED PROGRAMS. THROUGH THIS INTEGRATED APPROACH, NEXTGEN EDUCATION FUND CONNECTS WITH AND MOBILIZES MILLIONS OF YOUNG PEOPLE EACH YEAR TO ELEVATE THEIR VOICES IN OUR COUNTRY'S DEMOCRATIC PROCESS.

  Expenses $341,401

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• NEXTGEN CLIMATE ACTION

  501(C)(4) · PUBLIC EDUCATION /ADVOCACY · CA

• NEXTGEN CLIMATE ACTION COMMITTEE

  527 · ELECTION ACTIVITY · CA

Provenance

Return type

form_990

Tax year

2022

Filed

13 November 2023

IRS schema version

2022v5.0

Source object

202303199349320130

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