New Generations
The information on this page was last updated 4/5/2024. If you see errors or omissions, please email: [email protected]
Summary
New Generations is empowering ordinary people all over the world to create chain reactions of disciples making disciples.
Contact information
Mailing address:
New Generations
650B Fremont Avenue
#175
Los Altos, CA 94024
Website: newgenerations.org
Phone: (833) 628-2820
Email: [email protected]
Organization details
EIN: 352606291
CEO/President: Harry Brown
Chairman: Roy Moran
Board size: 5
Founder: Harry Brown
Ruling year: 2018
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2023
Purpose
Our passion is to mobilize disciples that make disciples, resulting in churches that plant churches. Like Jesus' parable of the seed that fell on good soil, each individual seed has the power to create countless future generations of new seeds.
Mission statement
We work with God to launch disciple making movements.
Statement of faith
We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.
We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
We believe that for the salvation of lost and sinful men regeneration by the Holy Spirit is absolutely essential.
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
We believe in the resurrection of both the saved and the lost: they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
We believe in the spiritual unity of believers in our Lord Jesus Christ.
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 509 of 1115 | 56 of 141 | |
Fund acquisition rating | 490 of 1116 | 63 of 141 | |
Resource allocation rating | 434 of 1116 | 53 of 141 | |
Asset utilization rating | 681 of 1115 | 75 of 141 |
Financial ratios
Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 5% | 6% | 7% | 5% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 5% | 6% | 7% | 5% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 98% | 99% | 99% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 6% | 7% | 9% | 7% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 2% | 1% | 1% | 0% | 0% |
Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 88% | 87% | 83% | 86% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 90% | 85% | 81% | 70% | 57% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 79% | 74% | 67% | 60% | 48% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | 10% | 15% | 19% | 30% | 43% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 12% | 20% | 26% | 58% | 100% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 6% | 6% | 8% | 7% | 8% |
Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 1.07 | 1.08 | 1.07 | 1.31 | 1.25 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.26 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.20 | 1.07 | 1.08 | 1.07 | 1.31 | 1.25 |
Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.04 | 40.00 | 70.38 | 72.09 | 43.33 | 16.64 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.03 | 0.01 | 0.01 | 0.02 | 0.06 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.10 | 10.96 | 10.95 | 11.09 | 8.92 | 9.04 |
Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 3% | 1% | 1% | 2% | 6% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 68% | 91% | 91% | 92% | 74% | 75% |
Financials
Balance sheet | |||||
Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Cash | $5,182,926 | $3,724,572 | $3,140,490 | $1,962,088 | $1,193,691 |
Receivables, inventories, prepaids | $546,717 | $809,498 | $474,157 | $777,186 | $222,974 |
Short-term investments | $475,502 | $936,708 | $701,050 | $507,748 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $6,205,145 | $5,470,778 | $4,315,697 | $3,247,022 | $1,416,665 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $0 | $0 | $0 | $0 | $0 |
Other long-term assets | $0 | $0 | $0 | $0 | $0 |
Total long-term assets | $0 | $0 | $0 | $0 | $0 |
Total assets | $6,205,145 | $5,470,778 | $4,315,697 | $3,247,022 | $1,416,665 |
Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
Payables and accrued expenses | $155,136 | $77,729 | $59,866 | $74,930 | $85,150 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $155,136 | $77,729 | $59,866 | $74,930 | $85,150 |
Debt | $0 | $0 | $0 | $0 | $0 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total liabilities | $155,136 | $77,729 | $59,866 | $74,930 | $85,150 |
Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Without donor restrictions | $4,596,922 | $3,878,594 | $3,116,633 | $1,927,262 | $1,081,091 |
With donor restrictions | $1,453,087 | $1,514,455 | $1,139,198 | $1,244,830 | $250,424 |
Net assets | $6,050,009 | $5,393,049 | $4,255,831 | $3,172,092 | $1,331,515 |
Revenues and expenses | |||||
Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
Total contributions | $7,219,396 | $6,930,158 | $5,639,666 | $6,107,097 | $3,098,100 |
Program service revenue | $8,823 | $7,790 | $38,214 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $119,320 | $26,147 | $16,981 | ($1,613) | $350 |
Other revenue | $1,256 | $2,225 | $1,666 | $6,322 | $0 |
Total other revenue | $129,399 | $36,162 | $56,861 | $4,709 | $350 |
Total revenue | $7,348,795 | $6,966,320 | $5,696,527 | $6,111,806 | $3,098,450 |
Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
Program services | $5,834,027 | $5,145,779 | $3,837,469 | $3,671,267 | $1,491,289 |
Management and general | $405,362 | $380,178 | $345,963 | $279,544 | $149,754 |
Fundraising | $383,314 | $386,690 | $420,306 | $316,958 | $125,892 |
Total expenses | $6,622,703 | $5,912,647 | $4,603,738 | $4,267,769 | $1,766,935 |
Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
Surplus (deficit) | $726,092 | $1,053,673 | $1,092,789 | $1,844,037 | $1,331,515 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $726,092 | $1,053,673 | $1,092,789 | $1,844,037 | $1,331,515 |
Compensation
Name | Title | Compensation |
Harry Brown | President | $133,996 |
Compensation data as of: 12/31/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/5/2024. To update the information below, please email: [email protected]
History
The story of God's glory is that since March 2005, the Lord has used the Disciple Making Movement (DMM) process to catalyze 107,375 new churches with 2,267,809 new disciples-many from places where the Gospel had not sprouted let alone spread for over a century. However, 'movements' of churches planting churches are our main measure of success. We define a 'movement' as at least 100 new churches that have multiplied to the fourth generation or beyond. Currently, we are tracking 186 of these movements that range between 4 and 27 generations of new churches.