Sino-Usa Next Generation Foundation Inc
- Assets
- $106.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, GA
- Founding
- 06/2010
- Data as of
- 12/2020
- EIN
- 27-1459066
Organization Overview
Sino-Usa Next Generation Foundation Inc is located in Duluth, GA. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sino-Usa Next Generation Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Sino-Usa Next Generation Foundation Inc generated $56.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.5%) each year. All expenses for the organization totaled $62.1k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
SINO NEXT GENERATION FOUNDATION HAS ALREADY SPONSORED 414 TOP STUDENTS FROM POOR FAMILIES IN CHINA SINCE 2009
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,156 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,039 |
| Total expenses | $62,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,902 |
| Other assets | $0 |
| Total assets | $106,902 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,902 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sino-Usa Next Generation Foundation Inc has recieved totaling $5,600.
| Awarding Organization | Amount |
|---|---|
The Blackbaud Giving Fund Charleston, SC PURPOSE: CHARITABLE | $5,600 |
Peer Organizations
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|---|---|---|
Floridamakes Inc Orlando, FL | $1,478,174 | $9,967,367 |
Beemok Family Foundation Charleston, SC | $51,753,352 | $227,490 |
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
Laura Holland Uzzell Foundation Morrisville, NC | $14,769,987 | $6,660,101 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Broward Education Foundation Inc Fort Lauderdale, FL | $12,469,303 | $5,256,121 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |
Chi Omega Foundation Memphis, TN | $45,483,838 | $7,373,045 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
Memphis Teacher Residency Inc Memphis, TN | $5,540,031 | $6,575,161 |
South Carolina Educational Credit For Exceptional Needs Children Fun Columbia, SC | $1,181,238 | $5,546,279 |