Civic Intelligence

Generation Enterprise

990EZ • Fiscal year 2015 • EIN 41-2272965

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 11, 2016

3537 Locust Walk No 100Philadelphia, PA 19104

(973) 866-8302

Siviq Scores

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

Liabilities / Assets

98th percentile

3.75x

Higher debt load relative to assets than 98% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

87th percentile

0.23x

Higher debt load relative to revenue than 87% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

6th percentile

-75%

Higher net margin than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

87th percentile

$33,233

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 37.5% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

3rd percentile

-93%

Faster asset growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$5,342

Down $66,165 (-93%) from 2014

Net Assets

-$14,668

No earlier filing loaded for comparison.

Liabilities

Up

$20,010

Up $10 (+0.1%) from 2014

Revenue

Down

$88,549

Down $12,633 (-12%) from 2014

Expenses

Up

$154,724

Up $14,716 (+11%) from 2014

Net Income

Down

-$66,175

Down $27,349 (-70%) from 2014

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2012: $56,550Liabilities 2012: $1,4772012Assets 2013: $90,333Liabilities 2013: $0Net Assets 2013: $90,3332013Assets 2014: $71,507Liabilities 2014: $20,0002014Assets 2015: $5,342Liabilities 2015: $20,010Net Assets 2015: -$14,6682015Assets 2016: $14,826Liabilities 2016: $0Net Assets 2016: $14,8262016

Highlighted filing

2015

Assets$5,342
Liabilities$20,010
Net Assets-$14,668

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $78,389Expenses 2012: $55,561Net Income 2012: $22,8282012Revenue 2013: $69,412Expenses 2013: $34,152Net Income 2013: $35,2602013Revenue 2014: $101,182Expenses 2014: $140,008Net Income 2014: -$38,8262014Revenue 2015: $88,549Expenses 2015: $154,724Net Income 2015: -$66,1752015Revenue 2016: $141,809Expenses 2016: $115,335Net Income 2016: $26,4742016

Highlighted filing

2015

Revenue$88,549
Expenses$154,724
Net Income-$66,175
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 11, 2016
Return Version
2015v2.1
Gross Receipts
$88,549
Mission and Program Overview

Mission

To empower low-income youth to become agents of economic development in slums.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION'S PROGRAMS ARE YOUTH ENTREPRENEURSHIP LABS/INCUBATORS, FOCUSED IN LAGOS STATE IN NIGERIA (AFTER PREVIOUS PILOTS AND PROJECTS IN ILESHA, NIGERIA AND DELHI, INDIA). EACH ENTREPRENEURSHIP LAB PROGRAM ("STARTUP ACADEMY") INCLUDES TRAINING AND BUSINESS TESTING, IN WHICH YOUTH LEARN AND APPLY BUSINESS SKILLS. HIGH PERFORMING MICRO-ENTERPRISES CAN MOVE FROM THE STARTUP ACADEMY INTO A PORTFOLIO OF "SOCIAL MOBILITY ENTERPRISES," BUSINESSES THAT ARE DESIGNED TO SCALE UP AND CREATE PATHS OUT OF POVERTY FOR LOW-INCOME, LOW-SKILLED YOUTH.$151,255$78,213
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL KUNTZCOO/President & Board Treasurer-$33,233-$33,233
CLARA CHOWCEO & Board ChairPT$0--
LILY RUBINVice Chair-$0--
FAIRLIE CHAPPUISSecretary-$0--
PATRICK GUERRABoard Member-$0--
KEVIN O'DONOHUEBoard Member-$0--
TEMI OLATUNDEBoard Member-$0--
YEMISI RANSOME-KUTIBoard Member-$0--
ALEX YENBoard Member-$0--
MUYI AINABoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Generation Enterprise
EIN
41-2272965
Phone
9738668302
Address
3537 LOCUST WALK NO 100, PHILADELPHIA, PA 19104

Signing Officer

Name
Clara Chow
Title
Chief Executive Officer, President
Phone
9738668302
Signed
2016-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 650N, BETHESDA, MD 20814-2930
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grants. Grantee name: generational model youths empowerment initiative. Grantee address: 5 maitama sule lagos, lagos state, nigeria. Grantee relationship: related organization. Amount given: 70,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grants. Grantee name: dhriiti. Grantee address: house no. 87, 3rd floor zamrudpur, kailash colony, new delhi 110048, india. Grantee relationship: none. Amount given: 7,000. Total included on form 990-ez, line 10: 77,500.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank service charges. Amount: 693. Description: meetings. Amount: 9. Description: fundraising fees. Amount: 126. Description: insurance. Amount: 2,775. Description: payroll processing fees. Amount: 824. Description: supplies. Amount: 168. Description: telephone. Amount: 59. Description: travel. Amount: 1,799. Total to form 990-ez, line 16: 6,453.

Form 990-ez, Part II, Line 24 - Other Assets

Description: grants receivable. Beg. Of year amount: 26,210. End of year amount: 0. Description: accounts receivable. Beg. Of year amount: 10,914. End of year amount: 914. Description: other depreciable assets. Beg. Of year amount: 305. End of year amount: 305.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: loans payable. Beg. Of year amount: 20,000. End of year amount: 20,000. Description: accounts payable. Beg. Of year amount: 0. End of year amount: 10.

Raw XML Appendix203 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL KUNTZ
IRS990EZ/BooksInCareOfDetail/PhoneNum09738668302
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03537 LOCUST WALK NO 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PHILADELPHIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-14668
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CLARA CHOW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL KUNTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LILY RUBIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3FAIRLIE CHAPPUIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PATRICK GUERRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KEVIN O'DONOHUE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6TEMI OLATUNDE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8ALEX YEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9MUYI AINA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO & BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1COO/PRESIDENT & BOARD TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt037429
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01219
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06453
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO EMPOWER LOW-INCOME YOUTH TO BECOME AGENTS OF ECONOMIC DEVELOPMENT IN SLUMS.
IRS990EZ/PrintingPublicationsPostageAmt078
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION'S PROGRAMS ARE YOUTH ENTREPRENEURSHIP LABS/INCUBATORS, FOCUSED IN LAGOS STATE IN NIGERIA (AFTER PREVIOUS PILOTS AND PROJECTS IN ILESHA, NIGERIA AND DELHI, INDIA). EACH ENTREPRENEURSHIP LAB PROGRAM ("STARTUP ACADEMY") INCLUDES TRAINING AND BUSINESS TESTING, IN WHICH YOUTH LEARN AND APPLY BUSINESS SKILLS. HIGH PERFORMING MICRO-ENTERPRISES CAN MOVE FROM THE STARTUP ACADEMY INTO A PORTFOLIO OF "SOCIAL MOBILITY ENTERPRISES," BUSINESSES THAT ARE DESIGNED TO SCALE UP AND CREATE PATHS OUT OF POVERTY FOR LOW-INCOME, LOW-SKILLED YOUTH.
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt043582
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt020000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt020010
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0154724
IRS990EZ/TotalProgramServiceExpensesAmt078213
IRS990EZ/TotalRevenueAmt088549
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GENERATIONENTERPRISE.ORG
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0101545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt069412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt078389
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt059015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0396910
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.42090
IRS990ScheduleA/PublicSupportPY170Pct00.65670
IRS990ScheduleA/PublicSupportTotal170Amt0167072
IRS990ScheduleA/SubstantialContributorsTotAmt0229838
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt088549
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0101545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt069412
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt078389
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt059015
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0396910
IRS990ScheduleA/TotalSupportAmt0396910
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt020000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0GENERAL OPERATING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt020000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0CLARA CHOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CLARA CHOW IS GENERATION ENTERPRISE'S CEO AND BOARD CHAIR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt020000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: GRANTS. GRANTEE NAME: GENERATIONAL MODEL YOUTHS EMPOWERMENT INITIATIVE. GRANTEE ADDRESS: 5 MAITAMA SULE LAGOS, LAGOS STATE, NIGERIA. GRANTEE RELATIONSHIP: RELATED ORGANIZATION. AMOUNT GIVEN: 70,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: GRANTS. GRANTEE NAME: DHRIITI. GRANTEE ADDRESS: HOUSE NO. 87, 3RD FLOOR ZAMRUDPUR, KAILASH COLONY, NEW DELHI 110048, INDIA. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 7,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 77,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 693. DESCRIPTION: MEETINGS. AMOUNT: 9. DESCRIPTION: FUNDRAISING FEES. AMOUNT: 126. DESCRIPTION: INSURANCE. AMOUNT: 2,775. DESCRIPTION: PAYROLL PROCESSING FEES. AMOUNT: 824. DESCRIPTION: SUPPLIES. AMOUNT: 168. DESCRIPTION: TELEPHONE. AMOUNT: 59. DESCRIPTION: TRAVEL. AMOUNT: 1,799. TOTAL TO FORM 990-EZ, LINE 16: 6,453.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: GRANTS RECEIVABLE. BEG. OF YEAR AMOUNT: 26,210. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 10,914. END OF YEAR AMOUNT: 914. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 305. END OF YEAR AMOUNT: 305.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: LOANS PAYABLE. BEG. OF YEAR AMOUNT: 20,000. END OF YEAR AMOUNT: 20,000. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 10.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CLARA CHOW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER, PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09738668302
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GENERATION ENTERPRISE
ReturnHeader/Filer/BusinessNameControlTxt0GENE
ReturnHeader/Filer/EIN0412272965
ReturnHeader/Filer/PhoneNum09738668302
ReturnHeader/Filer/USAddress/AddressLine1Txt03537 LOCUST WALK NO 100
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019104
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521392008
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GELMAN ROSENBERG & FREEDMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04550 MONTGOMERY AVE SUITE 650N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208142930
ReturnHeader/PreparerPersonGrp/PhoneNum03019519090
ReturnHeader/ReturnTs02016-11-11T14:17:28-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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