DCU NEXT GENERATION: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DCU NEXT GENERATION (EIN 83-2467481)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-01-19
- IRS object ID
- 202430199349200518
- Schema version
- 2023v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-01-19T02:44:14-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 832467481 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DCU NEXT GENERATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Godfrey Aguwa Jr | InCareOfNm |
| Business Name Control | DCUN | BusinessNameControlTxt |
| Foreign Phone | 2484192354 | ForeignPhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30766 TAMARACK ST 37311 | AddressLine1Txt |
| City | WIXOM | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 483932738 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Godfrey Aguwa Jr | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2024-01-19 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | dcunextgen.org | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $6,670 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $6,417 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $253 | ProgramServiceRevenueAmt |
| Gain Or Loss From Sale Of Assets | $0 | GainOrLossFromSaleOfAssetsAmt |
| Special Events Net Income Loss | $0 | SpecialEventsNetIncomeLossAmt |
| Gross Profit Loss Sls Of Invntry | $0 | GrossProfitLossSlsOfInvntryAmt |
| Total Revenue | $6,670 | TotalRevenueAmt |
| Other Expenses Total | $10,295 | OtherExpensesTotalAmt |
| Total Expenses | $10,295 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$3,625 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $11,138 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,513 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,138 | BOYAmt |
| EOY | $7,513 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,138 | BOYAmt |
| EOY | $7,513 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,138 | BOYAmt |
| EOY | $7,513 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | Cultivating healthy financial literacy environments for underserved communities through early education entrepreneurship opportunities and engaged advocacy. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|---|
| Financial Literacy FiT for College is dedicated to preparing high school students transitioning into higher education through focused topics ranging from grants and student loans to shopping and roommates. Concluded finalized development of higher education planner. | $0 | $2,385 |
| Began drafting plans to expand our youth entrepreneurship programming specifically Lemonade Day and potentially Youth Business Fair into the City of Detroit through strategic partnerships with school officials and local organizations. | $0 | $223 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $2,608 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Godfrey Aguwa Jr | ||||
| Executive Director | 7 | $0 | $0 | $0 |
| Fonda Aguwa | ||||
| President | 2 | $0 | $0 | $0 |
| Chioma Nwagbara | ||||
| Secretary | 1 | $0 | $0 | $0 |
| Godfrey Aguwa Jr | ||||
| Treasurer | 2 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Godfrey Aguwa Jr | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30766 TAMARACK ST | AddressLine1Txt |
| Address Line2 | 37311 | AddressLine2Txt |
| City | WIXOM | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 483932738 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2484192354 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,050 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,500 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $625 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,011 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,670 | CurrentTaxYearAmt |
| Total | $33,856 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,050 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,500 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $625 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,011 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,670 | CurrentTaxYearAmt |
| Total | $33,856 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $33,856 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $128,887 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $92,276 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,046 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,023 | CurrentTaxYearAmt |
| Total | $233,232 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $267,088 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II - Line 10 | FormAndLineReferenceDesc |
| Explanation | | Year:, Amount:, Description:| 2019, 0, | 2020, 128887In-kind Services| 2021, 92276In-kind Services| 2022, 6046In-kind Services| 2023, 6023In-kind Services| | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, line 16 | FormAndLineReferenceDesc |
| Explanation | | Other Expenses:, Amount:| Administrative Expenses, $1847| Professional Services, $6833| Local Travel Costs, $56| Conference Travel Costs, $1559| | ExplanationTxt |