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New Generation Foundation Inc

  • Las Vegas, NV
  • Tax-exempt since May 2020
  • EIN: 36-4957734

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Category: International, Foreign Affairs and National Security / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$20.9M (2023)

Expenses
$4.49M (2023)

Total Assets
$30.7M (2023)

Total Liabilities
$4.92k (2023)

Source: Form 990 tax filings from 2020 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,892,979
Expenses
$4,494,980
Net Income
$16,397,999
Net Assets
$30,708,050
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $20,874,456
99.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,523
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,752,338
39.0%
Professional Fundraising Fees $0
Other Salaries and Wages $126,042
2.8%
Assets/Debt
Total Assets $30,712,966
Total Liabilities $4,916
Net Assets $30,708,050
Compensation
Key Employees and Officers Compensation Related Other
M Ron Wahid (Jhllc Manager, Chair And Ceo) $500,000 $16,014,058 $0
Joel Mccleary (Chair) $337,500 $0 $0
Nuraly Bekturganov (Secretary) $314,838 $0 $0
Robert F Armao (Director) $300,000 $0 $0
Aidos Bekturganov (Executive Director And Man) $300,000 $0 $0
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Document Links

990
Filed on Nov. 16, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,025,273
Expenses
$7,755,279
Net Income
$4,269,994
Net Assets
$1,488,855,252
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $12,024,673
100.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $600
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $745,270
9.6%
Professional Fundraising Fees $0
Other Salaries and Wages $77,270
1.0%
Assets/Debt
Total Assets $1,489,115,917
Total Liabilities $260,665
Net Assets $1,488,855,252
Compensation
Key Employees and Officers Compensation Related Other
M Ron Wahid (Jhllc Manager, Chair And Ceo) $325,000 $0 $0
Aidos Bekturganov (Executive Director And Manager (Jlhllc)) $268,250 $0 $0
Amitabha Mukherjee (Director, Exec Dir (Thru Dec 2022)) $152,065 $0 $0
Joel Mccleary (Director) $58,104 $0 $0
Mark Medish (Director (Thru Oct 2022)) $33,439 $0 $0
Nuraly Bekturganov (Director) $24,356 $0 $0
Yerden Kussain (Executive Director (Thru Feb 2022)) $0 $3,557 $0
Shigeo Katsu (Chairman And Director (Thru Aug 2022)) $0 $553,084 $0
Robert F Armao (Director) $0 $0 $0
Nazipa Ayubaeva (Director (Thru May 2022)) $0 $0 $0
Aslan Sarinzhipov (Director (Thru Aug 2022)) $0 $80,042 $0
Kulyash Shamshidinova (Director (Thru May 2022)) $0 $0 $0
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Document Links

990
Filed on Nov. 16, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,700,340
Expenses
$12,494,586
Net Income
$6,205,754
Net Assets
$1,453,024,210
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,800,000
31.0%
Program Services $0
Investment Income $12,900,340
69.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,453,025,700
Total Liabilities $1,490
Net Assets $1,453,024,210
Compensation
Key Employees and Officers Compensation Related Other
Shigeo Katsu (Chairman And Director) $0 $658,303 $164,576
Aslan Sarinzhipov (Director, Executive Director, Treasurer) $0 $1,530,112 $175,096
Yerden Kusain (Secretary, Exec. Dir., Manager (Jhllc)) $0 $9,309 $2,410
Nazipa Ayubaeva (Director) $0 $86,399 $14,683
Kulyash Shamshidinova (Director) $0 $65,186 $7,144
Rustem Khamzin (Manager (Jhllc)) $0 $882,327 $337,940
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Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,230,760,577
Expenses
$25
Net Income
$1,230,760,552
Net Assets
$1,601,127,025
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,230,760,577
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,601,127,025
Total Liabilities $0
Net Assets $1,601,127,025
Compensation
Key Employees and Officers Compensation Related Other
Aslan Sarinzhipov (Executive Director, Director, Treasurer) $0 $551,552 $0
Shigeo Katsu (Director) $0 $1,136,176 $0
Kulyash Shamshidinova (Director) $0 $0 $0
Yerden Kussain (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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