A New Generation of Hernando Inc is a 501(c)(3) organization based in Spring Hill, Florida, registered in 2000, with $431,820 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$432K
▼ 10.4% vs prior year
Health median: $840K
Expenses (FY2024)
$401K
Net assets
$405K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A New Generation of Hernando Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A New Generation of Hernando Inc: 12 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A New Generation of Hernando Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A New Generation of Hernando Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $159K (FY2010) to $432K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
7.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$405K
Total liabilities
$0
Net assets
$405K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $431,820▼10.4% | $400,768▼17.9% | $404,956▲8.3% | $404,956▲8.0% | 990 |
| 2023 | $481,980▲3.6% | $488,040▲10.3% | $373,904▼1.6% | $374,897▼1.3% | 990 |
| 2022 | $465,227▲13.7% | $442,556▲19.1% | $379,964▲6.3% | $379,964▲0.6% | 990 |
| 2021 | $409,161▲59.8% | $371,542▲44.1% | $357,293▲12.6% | $377,785▲11.8% | 990 |
| 2020 | $256,123▼12.1% | $257,820▲20.8% | $317,331▼0.5% | $337,823▲5.9% | 990 |
| 2019 | $291,405▲48.8% | $213,363▲11.1% | $319,028▲32.4% | $319,028▲32.4% | 990 |
| 2018 | $195,824▲1.0% | $192,103▼7.4% | $240,986▲1.6% | $240,986▲1.6% | 990 |
| 2017 | $193,808▼25.8% | $207,412▼18.5% | $237,265▼5.4% | $237,265▼5.4% | 990 |
| 2016 | $261,228▲42.4% | $254,518▲12.7% | $250,869▲2.7% | $250,869▲2.7% | 990 |
| 2015 | $183,428▼34.2% | $225,786▲51.4% | $244,159▼14.8% | $244,159▼14.8% | 990 |
| 2014 | $278,822▲31.9% | $149,090▲4.4% | $286,517▲82.7% | $286,517▲82.7% | 990 |
| 2013 | $211,348▲98.7% | $142,800▲27.5% | $156,785▲77.7% | $156,785▲76.4% | 990 |
| 2012 | $106,380▼2.0% | $111,999▼2.8% | $88,237▼6.0% | $88,873▼5.3% | 990EZ |
| 2011 | $108,571▼31.7% | $115,207▼23.4% | $93,856▼6.6% | $93,856▼7.2% | 990EZ |
| 2010 | $158,929 | $150,436 | $100,492 | $101,181 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to A New Generation of Hernando Inc totaling $39K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Growth | 2023 | $10,150 |
| National Christian Charitable Foundation | Growth | 2022 | $14,150 |
| National Christian Charitable Foundation | Growth | 2022 | $14,150 |
| National Christian Charitable Foundation | Growth | 2018 | $300 |
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Data for A New Generation of Hernando Inc (EIN 59-3596705) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.