Civic Intelligence

Generation X Community Association

EIN 26-3969745 • 501(c)3 • Piscataway, NJ

Pub. 78 Eligible990-N CoverageNTEE X20

Profile

The organization is dedicated to serving the youth, the underserved or underemployed population as well as individuals who have experienced a season of incarceration.

371 Hoes Laneste200Piscataway, NJ 08854

n/A

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$9,495

Down $6,050 (-39%) from 2022

Liabilities

Up

$5,049

Up $1,503 (+42%) from 2022

Net Assets

Down

$4,446

Down $7,553 (-63%) from 2022

Operations

Revenue

Down

$79,488

Down $45,872 (-37%) from 2022

Expenses

Down

$87,041

Down $27,912 (-24%) from 2022

Net Income

Down

-$7,553

Down $17,960 (-173%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0Assets 2022: $15,545Liabilities 2022: $3,546Net Assets 2022: $11,9992022Assets 2023: $9,495Liabilities 2023: $5,049Net Assets 2023: $4,4462023

Highlighted filing

2023

Assets$9,495
Liabilities$5,049
Net Assets$4,446

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2022: $125,360Expenses 2022: $114,953Net Income 2022: $10,4072022Revenue 2023: $79,488Expenses 2023: $87,041Net Income 2023: -$7,5532023

Highlighted filing

2023

Revenue$79,488
Expenses$87,041
Net Income-$7,553

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.0
Gross Receipts
$81,482
Mission and Program Overview

Mission

The organization is dedicated to serving the youth, the underserved or underemployed population as well as individuals who have experienced a season of incarceration.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION IN PARTNERSHIP WITH THE NJ DOC FACILITATE ENTREPENEURIAL INTERNSHIPS TO FORMERLY INCARCERATED INDIVIDUALS. THE ORGANIZATION HELPS THE INDIVIDUALS TO TAKE THEIR BUSINESS IDEAS FROM CONCEPT TO IMPLEMENTATION INCLUDING ASSISTANCE TO ESTABLISH AND MANAGE THEIR OWN BUSINESS ENTITIES THEREBY GIVING THEM EVERY OPPORTUNITY TO BECOME SELF-EMPLOYED.-$66,137
GENERATION X ORGANIZED ITS ANNNUAL HOLIDAY GIVEAWAY PROVIDING CARE ESSENTIALS, FOOD BASKETS AND GIFTS DURING THE HOLIDAY SEASON TO MARGINALIZED AND OPPRESSED FAMILIES AS WELL AS PEOPLE WITHOUT AN ADDRESS, IMPACTING OVER 1,000 FAMILIES.-$7,439
THE ORGANIZATION AWARDED SCHOLARSHIPS TO COLLEGE BOUND STUDENTS TO ASSIST WITH THEIR TUITON AND OTHER EXPENSES AS WELL AS PROIVIDE MENTORSHIP PROGRAMS TO HIGH SCHOOL AND COLLEGE STUDENTS. WE BELIEVE THAT FINANCIAL SUPPORT COMBINED WITH PERSONALIZED GUIDANCE OPENS DOORS TO ACADEMIC AND CAREER SUCCESS. THROUGH OUR SCHOLARSHIPS, WE AIM TO REDUCE FINANCIAL BARRIERS, AND WITH MENTORSHIP, WE HELP STUDENTS NAVIGATE THEIR EDUCATIONAL JOURNEY, BUILD ESSENTIAL SKILLS, AND GAIN CONFIDENCE TO REACH THEIR GOALS.$4,000$4,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICOLE B SIMPSONPresident-$0--
SONJI GRANDYVice Preside-$0--
MITCHELL SLADESecretary-$0--
ANNETTE CAMPBELLTreasurer-$0--
FERN HAZELWOODBoard Member-$0--
EDDIE WHEELER JRBoard Member-$0--
ANDREW GUTZMOREEmployee-$0--
Filing and Contact Details

Filer

Filer Name
Generation X Community Association
EIN
26-3969745
Phone
7323772024
Address
371 HOES LANESTE200, PISCATAWAY, NJ 08854

Signing Officer

Name
Nicole B Simpson
Title
President
Phone
7322772024
Signed
2024-11-12

Preparer

Firm
Penrose & Assoc
Address
560 SYLVAN AVE STE 3035, ENGLEWOOD CLIFFS, NJ 07632
Preparer
Patricia Penrose
Phone
2018163691
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expenses 1,742 travel 144 meetings and conferences 87 donations 235 training & development 3,500 bank and paypal fees 1,807 website and internet 1,044 you are a business instit 3,959 dare to dream institute 4,720 toy drive 7,439 professional fees 2,700 payroll processing fees 615 licenses & permits 20 scholarship expenses 500 total 28,512

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,546 5,049

Form 990-ez, Part III

The organization is dedicated to serving the youth, the underserved or underemployed population as well as individuals who have experienced a season of incarceration.

Form 990-ez, Part III, Line 28

The organization in partnership with the nj doc facilitate entrepeneurial internships to formerly incarcerated individuals. The organization helps the individuals to take their business ideas from concept to implementation including assistance to establish and manage their own business entities thereby giving them every opportunity to become self-employed.

Form 990-ez, Part III, Line 29

The organization awarded scholarships to college bound students to assist with their tuiton and other expenses as well as proivide mentorship programs to high school and college students. We believe that financial support combined with personalized guidance opens doors to academic and career success. Through our scholarships, we aim to reduce financial barriers, and with mentorship, we help students navigate their educational journey, build essential skills, and gain confidence to reach their goals.

Form 990-ez, Part III, Line 30

Generation x organized its annnual holiday giveaway providing care essentials, food baskets and gifts during the holiday season to marginalized and oppressed families as well as people without an address, impacting over 1,000 families.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSES 1,742 TRAVEL 144 MEETINGS AND CONFERENCES 87 DONATIONS 235 TRAINING & DEVELOPMENT 3,500 BANK AND PAYPAL FEES 1,807 WEBSITE AND INTERNET 1,044 YOU ARE A BUSINESS INSTIT 3,959 DARE TO DREAM INSTITUTE 4,720 TOY DRIVE 7,439 PROFESSIONAL FEES 2,700 PAYROLL PROCESSING FEES 615 LICENSES & PERMITS 20 SCHOLARSHIP EXPENSES 500 TOTAL 28,512
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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