Nextgen Financial Empowerment Org
Nonprofit profile at a glance
- EIN
- 993787072
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- West Covina, CA, USA
- Phone
- 3107108933
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development - Business
Reported finances
- Revenue
- $20,461
- Expenses
- $16,976
- Assets
- $3,715
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- NISHON WATSON (EXECUTIVE DI)
- DEBRA MOTON (CHAIR)
- CAMILLE CATER (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of nextgen financial mindset organization is to improve the financial and emotional well-being of youth and young adults by providing accessible education, mentoring, and community-based programs in financial literacy, mental wellness, entrepreneurship, and workforce readiness. Through workshops, virtual learning, and strategic partnerships, we empower individuals to develop the knowledge, confidence, and skills needed to achieve lifelong personal and economic success.
What it reported doing in 2025
Nextgen financial mindset organization provides engaging workshops and virtual learning sessions designed to equip youth and young adults with the knowledge, skills, and confidence to make informed financial and life decisions. Our programs focus on financial literacy, entrepreneurship, workforce readiness, and mental wellness by offering practical education on budgeting, credit, saving, investing, career development, business ownership, and stress management. Through interactive presentations led by industry professionals, community partners, and subject matter experts, participants gain real-world strategies, valuable resources, and ongoing support that empower them to build financial stability, develop a positive mindset, and achieve long-term personal and professional success.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 82
- Sustainability: 45
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.4%; rating input score 77
- Program expense ratio: 93.3%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 17%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 77.4% of revenue deployed · 93.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $16K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.