Civic Intelligence

Generation Hope

990 • Fiscal year 2014 • EIN 27-3554088

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 01, 2014

415 Michigan Avenue NE20017

(202) 656-8705

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.06x

Higher debt load relative to assets than 73% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

82nd percentile

26%

Higher net margin than 82% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

86th percentile

$30,133

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

92nd percentile

111%

Faster asset growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

92nd percentile

101%

Faster revenue growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$169,607

Up $89,412 (+111%) from 2013

Net Assets

Up

$158,823

Up $83,266 (+110%) from 2013

Liabilities

Up

$10,784

Up $6,146 (+133%) from 2013

Revenue

Up

$318,715

Up $160,418 (+101%) from 2013

Expenses

Up

$235,915

Up $103,709 (+78%) from 2013

Net Income

Up

$82,800

Up $56,709 (+217%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2013: $80,195Liabilities 2013: $4,638Net Assets 2013: $75,5572013Assets 2014: $169,607Liabilities 2014: $10,784Net Assets 2014: $158,8232014Assets 2015: $444,365Liabilities 2015: $51,923Net Assets 2015: $392,4422015Assets 2017: $474,484Liabilities 2017: $22,116Net Assets 2017: $452,3682017Assets 2018: $787,388Liabilities 2018: $45,400Net Assets 2018: $741,9882018Assets 2019: $1,194,568Liabilities 2019: $58,299Net Assets 2019: $1,136,2692019Assets 2020: $1,414,936Liabilities 2020: $241,154Net Assets 2020: $1,173,7822020Assets 2021: $1,968,421Liabilities 2021: $285,194Net Assets 2021: $1,683,2272021Assets 2022: $5,976,637Liabilities 2022: $803,876Net Assets 2022: $5,172,7612022Assets 2023: $9,903,702Liabilities 2023: $609,717Net Assets 2023: $9,293,9852023

Highlighted filing

2014

Assets$169,607
Liabilities$10,784
Net Assets$158,823

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0Revenue 2013: $158,297Expenses 2013: $132,206Net Income 2013: $26,0912013Revenue 2014: $318,715Expenses 2014: $235,915Net Income 2014: $82,8002014Revenue 2015: $588,272Expenses 2015: $347,429Net Income 2015: $240,8432015Revenue 2017: $781,410Expenses 2017: $723,226Net Income 2017: $58,1842017Revenue 2018: $1,169,015Expenses 2018: $879,395Net Income 2018: $289,6202018Revenue 2019: $1,635,998Expenses 2019: $1,241,717Net Income 2019: $394,2812019Revenue 2020: $1,623,785Expenses 2020: $1,586,272Net Income 2020: $37,5132020Revenue 2021: $2,710,994Expenses 2021: $2,201,549Net Income 2021: $509,4452021Revenue 2022: $6,605,828Expenses 2022: $3,116,294Net Income 2022: $3,489,5342022Revenue 2023: $9,029,036Expenses 2023: $4,998,788Net Income 2023: $4,030,2482023

Highlighted filing

2014

Revenue$318,715
Expenses$235,915
Net Income$82,800
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 1, 2014
Return Version
2013v4.0
Gross Receipts
$318,715
Mission and Program Overview

Mission

Generation hope surrounds motivated teen parents and their children with the mentors, emotional support, and financial resources that they need to thrive in college and kindergarten, thereby driving a two-generation solution to pverty.

Generation Hope exists to empower ambitious, family-focused teen parents striving to complete their college education by pairing them with caring, committed, adult mentors and an emotional and financial support system, thereby driving a two-generation solution to poverty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$33,202$90,931▲ $57,729
Accounts Receivable$37,825$77,242▲ $39,417
Land, Buildings, and Equipment, Net-$1,434-
Prepaid Expenses and Deferred Charges$433--
Total Assets$80,195$169,607▲ $89,412
Other Assets Total$8,735--
Liabilities
Other Liabilities$4,178$9,056▲ $4,878
Accounts Payable and Accrued Expenses$460$1,728▲ $1,268
Total Liabilities$4,638$10,784▲ $6,146
Net Assets / Fund Balance
Unrestricted Net Assets$75,557$102,491▲ $26,934
Temporarily Rstr Net Assets-$56,332-
Total Net Assets Fund Balance$75,557$158,823▲ $83,266
Total Liabilities and Net Assets / Fund Balance$80,195$169,607▲ $89,412

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,434$751$2,185
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Caroline GriswoldProgram managerFT$30,133$30,133
Nicole Lynn LewisFounder & CEOFT$27,133$27,133

Board Members and Trustees

NameTitle
Dr Derionne PollardPresident
Aj LynnVice President
Chris CoxBoard Member
David DeleonBoard Member
Debbi JarvisBoard Member
Jessica TiradoBoard Member
Kimberly KorbelBoard Member
Marie FredericksonBoard Member
Nicole Austin-hilleryBoard Member
Pat CornellBoard Member
Sarah BauderBoard Member
Sherryl NewmanBoard Member
Dr Regina RomeroSecretary
Nazar ScottTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$318,715
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$158,339
Change in Net Assets
$82,800

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table0$35,700
Clothing and Household Goods-$9,626
Other Non Cash Contri Table1$7,200
Total Noncash Contributions1$52,526
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$172,657
Salaries, Compensation, and Employee Benefits$63,258
Total Fundraising Expense$46,828
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$37,205$9,410$10,730$57,345
Office Expenses$16,732$7,092$19,987$43,811
Occupancy$4,083$7,200$5,882$17,165
Fees for Services Accounting$0$13,013$0$13,013
Advertising$1,010$7,090$4,080$12,180
Payroll Taxes$3,320$1,245$948$5,513
Fees for Services Other$1,859$1,459$1,416$4,734
Conferences and Meetings$3,044$541$0$3,585
Information Technology$0$1,436$850$2,286
Insurance$0$752$726$1,478
Other Expenses$0$1,125$0$1,125
Depreciation Depletion$0$437$0$437
Other Salaries and Wages$400$0$0$400
Travel$177$68$142$387
Interest$0$18$0$18
Total Functional Expenses$102,933$86,154$46,828$235,915
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$135,854$135,854$9,786$126,068
Total Events$135,854$135,854$30,075$105,779
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued vacation$5,103
Payroll Liabilities$3,735
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
27-3554088
Phone
2026568705

Signing Officer

Name
Nicole L Lewis
Title
CEO
Phone
2026568705
Signed
2014-10-01
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Dc
Voting Board Members
15
Independent Board Members
14
Employees
2
Volunteers
200

Preparer

Preparer
Javier Goldin
Phone
3019130008
Supplemental Narrative

Additional Explanations

Pt XI

$466 adjustment to match with prior year tax return

Pt VI, Line 11B

The board will review form 990 during board meeting before filling.

Pt VI, Line 15A

The compensation is reviewed and approved by the board

Pt VI, Line 15A

during board meeting.

Pt VI, Line 19

Generation Hope always makes its governing documents and financial statements

Pt VI, Line 19

available for the public inspection on their own website.

Pt VI, Line 12C

The board oversees the compliance of the conflict of interest policy in each board meeting.

Form 990EZ, Part I, Line 8

CFC UNITED WAY

Form 990EZ, Part I, Line 16

General and administratives program expenses

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0SCHOLAR PROGRAM: RECRUITED/FUNDED NEW SCHOLARS FOR THE 2013/2014 ACADEMIC YEAR RAISING TOTAL NUMBER OF GENERATION HOPE SCHOLARS TO 22 TOTAL IN DC, MD & VIRGINIA. CONDUCTED WORKSHOPS & INFORMATION SESSIONS ONCOLLEGE PREPAREDNESS TO 191 HIGH SCHOOL STUDENTS.
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IRS990/OtherExpensesGrp/FundraisingAmt127
IRS990/OtherExpensesGrp/FundraisingAmt22040
IRS990/OtherExpensesGrp/FundraisingAmt30
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IRS990/OtherLiabilitiesGrp/EOYAmt09056
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0433
IRS990/PrincipalOfcrBusinessAddress/BusinessNameLine10Nicole L Lewis
IRS990/PriorPeriodAdjustmentsAmt0466
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued vacation
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0135854
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0105779
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$466 adjustment to match with prior year tax return

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Peer Organizations

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