Civic Intelligence

Generation Teach Inc.

990 • Fiscal year 2018 • EIN 46-5126839

Oct 01, 2017 to Sep 30, 2018 • Filed on Mar 20, 2019

Organization ProfileWWW.GENERATIONTEACH.ORG

View Organization Page

6 Liberty Square 2062Boston, MA 02109

(857) 220-7240

Siviq Scores

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

Liabilities / Assets

65th percentile

0.21x

Higher debt load relative to assets than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

46th percentile

0.07x

Higher debt load relative to revenue than 46% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

90th percentile

$202,547

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

84th percentile

23%

Faster asset growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

65%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$870,323

Up $164,477 (+23%) from 2017

Net Assets

Up

$686,198

Up $509,801 (+289%) from 2017

Liabilities

Down

$184,125

Down $345,324 (-65%) from 2017

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin78th percentile

Revenue

Up

$2,457,762

Up $970,123 (+65%) from 2017

Expenses

Up

$1,947,961

Up $283,972 (+17%) from 2017

Net Income

Up

$509,801

Up $686,151 (+389%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2014: $47,076Liabilities 2014: $390,191Net Assets 2014: -$343,1152014Assets 2015: $909,764Liabilities 2015: $196,521Net Assets 2015: $713,2432015Assets 2016: $471,578Liabilities 2016: $118,831Net Assets 2016: $352,7472016Assets 2017: $705,846Liabilities 2017: $529,449Net Assets 2017: $176,3972017Assets 2018: $870,323Liabilities 2018: $184,125Net Assets 2018: $686,1982018Assets 2019: $1,118,530Liabilities 2019: $46,495Net Assets 2019: $1,072,0352019Assets 2020: $1,681,561Liabilities 2020: $281,971Net Assets 2020: $1,399,5902020Assets 2021: $2,090,922Liabilities 2021: $204,798Net Assets 2021: $1,886,1242021Assets 2022: $4,947,396Liabilities 2022: $67,314Net Assets 2022: $4,880,0822022Assets 2023: $5,350,909Liabilities 2023: $147,341Net Assets 2023: $5,203,5682023Assets 2024: $5,615,128Liabilities 2024: $108,903Net Assets 2024: $5,506,2252024

Highlighted filing

2018

Assets$870,323
Liabilities$184,125
Net Assets$686,198
Open 2018 Filing

Operations Trend

Revenue Growth90th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $40,000Expenses 2014: $383,115Net Income 2014: -$343,1152014Revenue 2015: $2,260,000Expenses 2015: $1,203,642Net Income 2015: $1,056,3582015Revenue 2016: $998,005Expenses 2016: $1,358,501Net Income 2016: -$360,4962016Revenue 2017: $1,487,639Expenses 2017: $1,663,989Net Income 2017: -$176,3502017Revenue 2018: $2,457,762Expenses 2018: $1,947,961Net Income 2018: $509,8012018Revenue 2019: $2,446,856Expenses 2019: $2,061,019Net Income 2019: $385,8372019Revenue 2020: $1,819,340Expenses 2020: $1,491,785Net Income 2020: $327,5552020Revenue 2021: $2,501,294Expenses 2021: $2,014,760Net Income 2021: $486,5342021Revenue 2022: $6,491,271Expenses 2022: $3,497,313Net Income 2022: $2,993,9582022Revenue 2023: $6,280,592Expenses 2023: $5,957,106Net Income 2023: $323,4862023Revenue 2024: $6,894,501Expenses 2024: $6,591,844Net Income 2024: $302,6572024

Highlighted filing

2018

Revenue$2,457,762
Expenses$1,947,961
Net Income$509,801
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Mar 20, 2019
Return Version
2017v2.3
Gross Receipts
$2,457,762
Mission and Program Overview

Mission

Generation teach co-creates loving communities where generations of students, teachers, and leaders learn, grow, and develop.

Generation teach partners with district and charter schools to attract talented and diverse college and college-bound students to teaching through highly structured and strongly mentored summer teaching fellowships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$640,053$693,150▲ $53,097
Accounts Receivable$50,340$174,242▲ $123,902
Prepaid Expenses and Deferred Charges$15,453$2,931▼ $12,522
Total Assets$705,846$870,323▲ $164,477
Liabilities
Other Liabilities$500,000$150,000▼ $350,000
Accounts Payable and Accrued Expenses$29,449$34,125▲ $4,676
Total Liabilities$529,449$184,125▼ $345,324
Net Assets / Fund Balance
Unrestricted Net Assets$176,397$686,198▲ $509,801
Total Net Assets Fund Balance$176,397$686,198▲ $509,801
Total Liabilities and Net Assets / Fund Balance$705,846$870,323▲ $164,477
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura ZahnCEO and DirectorFT$167,026$35,521$202,547
Heidi ErbeChief Program OfficerFT$113,360$15,021$128,381
Bee NanceDirector of FinanceFT$51,238$18,027$69,265

Board Members and Trustees

NameTitle
Robert KarrChair and Director
Suzanne KarrDirector
Tim McmanusDirector
Norman AtkinsDirector Partial Year
Thackston LundyTreasurer and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$1,066,914
Program Service Revenue
$1,386,500
Investment Income
$0
Other Revenue
$4,348
All Other Contributions
$1,066,914
Change in Net Assets
$509,801

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,457,762
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,457,762
Total Revenue per Form 990
$2,457,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,121,272
Other Expenses$826,689
Total Fundraising Expense$28,349
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$531,680$1,637$665$533,982
Current Officers, Directors, Trustees, and Key Employees$339,114$96,792$24,134$460,040
Office Expenses$18,251$59,935$39$78,225
Payroll Taxes$63,734$7,126$1,716$72,576
Other Expenses$60,161$3,217$49$63,427
Other Employee Benefits$41,834$3,991$1,478$47,303
Pension Plan Contributions$6,549$554$268$7,371
Total Functional Expenses$1,746,220$173,392$28,349$1,947,961

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,947,961
Total Expenses per Audited Statements$1,947,961
Total Expenses per Form 990$1,947,961
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable$150,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The board directors robert and suzanne karr have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The 990 is provided to the board for their comments and feedback prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The organization regularly monitors and enforces compliance with its conflict of interest policy annually. All members of the board of directors, officers and key senior management personnel are required to review the existing conflict of interest policy and complete an annual certification and disclosure form, which are reviewed by the full board.”

Form 990, Part VI, Section B, Line 15A

“Compensation for the ceo is discussed and determined by the board of directors, taking into account compensation packages of comparable organizations. The independent board members then determine the compensation, and the decision is documented via a board resolution. Compensation for other officers and key employees is determined by the ceo, with input and suggestions from the board, taking into account compensation packages for comparable positions at comparable organizations.”

Form 990, Part VI, Section C, Line 19

“Generation teach's governing documents, conflict of interest policy and financial statements are made available upon written request.”

Filing and Contact Details

Filer

Filer Name
Generation Teach Inc
EIN
46-5126839
Phone
8572207240
Address
6 LIBERTY SQUARE 2062, BOSTON, MA 02109

Signing Officer

Name
Laura Zahn
Title
Chief Executive Officer
Phone
8572207240
Signed
2019-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Zahn
Formed
2014
Legal Domicile
De
Voting Board Members
5
Independent Board Members
4
Employees
55
Volunteers
5

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
100 CHESTNUT STREET SUITE 1200, ROCHESTER, NY 14604
Preparer
Michelle Cain
Phone
5854231860
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process is consistent with prior year.”

Financial Statement Notes

PART X, LINE 2:

“Generation teach inc. Is tax-exempt under section 501(c)(3) of the internal revenue code. The organization has filed for and received income tax exemptions in the various jurisdictions where they are required to do so. The organization files form 990 tax returns in the u.s. Federal jurisdiction and in the states of new york, massachusetts and rhode island. With few exceptions, as of september 30, 2018, the organization is no longer subject to u.s. Federal or state income tax examinations by tax authorities for years ended prior to september 30, 2015. The tax returns for years ended september 30, 2015 through september 30, 2018 are still subject to potential audit by the irs and taxing authorities in new york state, massachusetts and rhode island. Management of the organization believes they have no material uncertain tax positions and, accordingly, they have not recognized any liability for unrecognized tax benefits.”

Raw XML AppendixShowing 400 of 450 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt029449
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt034125
IRS990/AccountsReceivableGrp/BOYAmt050340
IRS990/AccountsReceivableGrp/EOYAmt0174242
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0GENERATION TEACH PARTNERS WITH DISTRICT AND CHARTER SCHOOLS TO ATTRACT TALENTED AND DIVERSE COLLEGE AND COLLEGE-BOUND STUDENTS TO TEACHING THROUGH HIGHLY STRUCTURED AND STRONGLY MENTORED SUMMER TEACHING FELLOWSHIPS.
IRS990/AllOtherContributionsAmt01066914
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GENERATION TEACH INC
IRS990/BooksInCareOfDetail/PhoneNum08572207240
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06 LIBERTY SQUARE 2062
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002109
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0640053
IRS990/CashNonInterestBearingGrp/EOYAmt0693150
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt024134
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt096792
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0339114
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0460040
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01066914
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0826689
IRS990/CYOtherRevenueAmt04348
IRS990/CYProgramServiceRevenueAmt01386500
IRS990/CYRevenuesLessExpensesAmt0509801
IRS990/CYSalariesCompEmpBnftPaidAmt01121272
IRS990/CYTotalExpensesAmt01947961
IRS990/CYTotalFundraisingExpenseAmt028349
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02457762
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0GENERATION TEACH EXPANDED ITS SUMMER TEACHING FELLOWSHIP PROGRAM BY ADDING ONE NEW SITE IN BOTH PROVIDENCE AND DENVER. THE ORGANIZATION ALSO MAINTAINED A ROBUST PROGRAM IN WESTERN MA AND BOSTON. DURING SUMMER 2018, A TOTAL OF 232 TEACHING FELLOWS WERE SERVED, WHICH IS AN INCREASE OF 31% OVER LAST YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt055
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01746220
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt460.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt660.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt760.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt435521
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt615021
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt718027
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT KARR
IRS990/Form990PartVIISectionAGrp/PersonNm1NORMAN ATKINS
IRS990/Form990PartVIISectionAGrp/PersonNm2THACKSTON LUNDY
IRS990/Form990PartVIISectionAGrp/PersonNm3SUZANNE KARR
IRS990/Form990PartVIISectionAGrp/PersonNm4LAURA ZAHN
IRS990/Form990PartVIISectionAGrp/PersonNm5TIM MCMANUS
IRS990/Form990PartVIISectionAGrp/PersonNm6HEIDI ERBE
IRS990/Form990PartVIISectionAGrp/PersonNm7BEE NANCE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4167026
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6113360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt751238
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR PARTIAL YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CEO AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHIEF PROGRAM OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR OF FINANCE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02457762
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DEVELOP PROGRAMS AND MATERIALS TO RECRUIT, TRAIN, AND DEVELOP POTENTIAL AND PRACTICING TEACHERS PRIMARILY FOR URBAN DISTRICT AND CHARTER PUBLIC SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0176397
IRS990/NetAssetsOrFundBalancesEOYAmt0686198
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt039
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt059935
IRS990/OfficeExpensesGrp/ProgramServicesAmt018251
IRS990/OfficeExpensesGrp/TotalAmt078225
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01478
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03991
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt041834
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047303
IRS990/OtherExpensesGrp/Desc0PROGRAM OPERATIONS
IRS990/OtherExpensesGrp/Desc1PROGRAM PLANNING
IRS990/OtherExpensesGrp/Desc2ORGANIZATIONAL PLANNING
IRS990/OtherExpensesGrp/FundraisingAmt049
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0140
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13217
IRS990/OtherExpensesGrp/ProgramServicesAmt0601199
IRS990/OtherExpensesGrp/ProgramServicesAmt183698
IRS990/OtherExpensesGrp/ProgramServicesAmt260161
IRS990/OtherExpensesGrp/TotalAmt0601199
IRS990/OtherExpensesGrp/TotalAmt183838
IRS990/OtherExpensesGrp/TotalAmt263427
IRS990/OtherLiabilitiesGrp/BOYAmt0500000
IRS990/OtherLiabilitiesGrp/EOYAmt0150000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04348
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04348
IRS990/OtherRevenueTotalAmt04348
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0665
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01637
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0531680
IRS990/OtherSalariesAndWagesGrp/TotalAmt0533982
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01716
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07126
IRS990/PayrollTaxesGrp/ProgramServicesAmt063734
IRS990/PayrollTaxesGrp/TotalAmt072576
IRS990/PensionPlanContributionsGrp/FundraisingAmt0268
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0554
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06549
IRS990/PensionPlanContributionsGrp/TotalAmt07371
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015453
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02931
IRS990/PrincipalOfficerNm0LAURA ZAHN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PARTNER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01386500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01386500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0577439
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0767040
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0910200
IRS990/PYRevenuesLessExpensesAmt0-176350
IRS990/PYSalariesCompEmpBnftPaidAmt0896949
IRS990/PYTotalExpensesAmt01663989
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01487639
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0509801
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01390848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01066914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0577439
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0575005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01885000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04104358
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03134700
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72670
IRS990ScheduleA/PublicSupportTotal170Amt02982706
IRS990ScheduleA/SubstantialContributorsTotAmt01121652
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01066914
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0577439
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0575005
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01885000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04104358
IRS990ScheduleA/TotalSupportAmt04104358
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01947961
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0150000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02457762
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GENERATION TEACH INC. IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE VARIOUS JURISDICTIONS WHERE THEY ARE REQUIRED TO DO SO. THE ORGANIZATION FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN THE STATES OF NEW YORK, MASSACHUSETTS AND RHODE ISLAND. WITH FEW EXCEPTIONS, AS OF SEPTEMBER 30, 2018, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED PRIOR TO SEPTEMBER 30, 2015. THE TAX RETURNS FOR YEARS ENDED SEPTEMBER 30, 2015 THROUGH SEPTEMBER 30, 2018 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND TAXING AUTHORITIES IN NEW YORK STATE, MASSACHUSETTS AND RHODE ISLAND. MANAGEMENT OF THE ORGANIZATION BELIEVES THEY HAVE NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, THEY HAVE NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01947961
IRS990ScheduleD/TotalLiabilityAmt0150000
IRS990ScheduleD/TotalRevenuePerForm990Amt02457762
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02457762
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01947961
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0167026
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt026771
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LAURA ZAHN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO AND DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0202547
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD DIRECTORS ROBERT AND SUZANNE KARR HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PROVIDED TO THE BOARD FOR THEIR COMMENTS AND FEEDBACK PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY ANNUALLY. ALL MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS AND KEY SENIOR MANAGEMENT PERSONNEL ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE AN ANNUAL CERTIFICATION AND DISCLOSURE FORM, WHICH ARE REVIEWED BY THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR THE CEO IS DISCUSSED AND DETERMINED BY THE BOARD OF DIRECTORS, TAKING INTO ACCOUNT COMPENSATION PACKAGES OF COMPARABLE ORGANIZATIONS. THE INDEPENDENT BOARD MEMBERS THEN DETERMINE THE COMPENSATION, AND THE DECISION IS DOCUMENTED VIA A BOARD RESOLUTION. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE CEO, WITH INPUT AND SUGGESTIONS FROM THE BOARD, TAKING INTO ACCOUNT COMPENSATION PACKAGES FOR COMPARABLE POSITIONS AT COMPARABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GENERATION TEACH'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS IS CONSISTENT WITH PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE HOLLYHOCK FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0542091336
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PRIVATE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt055 EAST 59TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010022
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0150000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0BOOK
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE HOLLYHOCK FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/StatesWhereCopyOfReturnIsFldCd1MA
IRS990/StatesWhereCopyOfReturnIsFldCd2RI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0705846
IRS990/TotalAssetsEOYAmt0870323
IRS990/TotalAssetsGrp/BOYAmt0705846
IRS990/TotalAssetsGrp/EOYAmt0870323
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01066914
IRS990/TotalEmployeeCnt055
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt028349
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0173392
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01746220
IRS990/TotalFunctionalExpensesGrp/TotalAmt01947961
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0529449
IRS990/TotalLiabilitiesEOYAmt0184125
IRS990/TotalLiabilitiesGrp/BOYAmt0529449
IRS990/TotalLiabilitiesGrp/EOYAmt0184125
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0176397
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0686198
IRS990/TotalOtherCompensationAmt068569
IRS990/TotalProgramServiceExpensesAmt01746220
IRS990/TotalProgramServiceRevenueAmt01386500
IRS990/TotalReportableCompFromOrgAmt0331624
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01390848
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02457762
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0705846
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0870323
IRS990/TotReportableCompRltdOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$870,323
Liabilities
$184,125
Net assets
$686,198
Revenue
$2,457,762
Expenses
$1,947,961
Net income
$509,801
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.62$0.11$5.51$6.89$6.59$0.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.35$0.15$5.20$6.28$5.96$0.32
2022Detailed filing. Detailed filing data is available for this year.$4.95$0.07$4.88$6.49$3.50$2.99
2021Detailed filing. Detailed filing data is available for this year.$2.09$0.20$1.89$2.50$2.01$0.49
2020Detailed filing. Detailed filing data is available for this year.$1.68$0.28$1.40$1.82$1.49$0.33
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.05$1.07$2.45$2.06$0.39
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.18$0.69$2.46$1.95$0.51
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.53$0.18$1.49$1.66$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.12$0.35$1.00$1.36$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.91$0.20$0.71$2.26$1.20$1.06
2014Summary only. Only limited summary data is available for this year.$0.05$0.39$0.34$0.04$0.38$0.34