Civic Intelligence

Generation Teach Inc.

990 • Fiscal year 2023 • EIN 46-5126839

Oct 01, 2022 to Sep 30, 2023 • Filed on Apr 25, 2024

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

28th percentile

0.03x

Higher debt load relative to assets than 28% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

18th percentile

0.02x

Higher debt load relative to revenue than 18% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

53rd percentile

5.2%

Higher net margin than 53% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

78th percentile

$211,125

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

57th percentile

8.2%

Faster asset growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

33rd percentile

-3.2%

Faster revenue growth than 33% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$5,350,909

Up $403,513 (+8.2%) from 2022

Net Assets

Up

$5,203,568

Up $323,486 (+6.6%) from 2022

Liabilities

Up

$147,341

Up $80,027 (+119%) from 2022

Revenue

Down

$6,280,592

Down $210,679 (-3.2%) from 2022

Expenses

Up

$5,957,106

Up $2,459,793 (+70%) from 2022

Net Income

Down

$323,486

Down $2,670,472 (-89%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$5,350,909
Liabilities$147,341
Net Assets$5,203,568

Operations Trend

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

2023

Revenue$6,280,592
Expenses$5,957,106
Net Income$323,486
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Apr 25, 2024
Return Version
2022v5.0
Gross Receipts
$6,280,592
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 districts to offer summer programs to:(1) engage middle-school students in summer learning(2) introduce undergraduate and high-school students to teaching(3) develop professional teachers as coaches and leaders

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,981,489$4,566,896▲ $585,407
Accounts Receivable$916,556$595,200▼ $321,356
Pledges and Grants Receivable-$140,124-
Prepaid Expenses and Deferred Charges$49,351$48,689▼ $662
Total Assets$4,947,396$5,350,909▲ $403,513
Liabilities
Accounts Payable and Accrued Expenses$67,314$147,341▲ $80,027
Total Liabilities$67,314$147,341▲ $80,027
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,880,082$5,203,568▲ $323,486
Total Net Assets Fund Balance$4,880,082$5,203,568▲ $323,486
Total Liabilities and Net Assets / Fund Balance$4,947,396$5,350,909▲ $403,513
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura ZahnCEOFT$175,421$35,704$211,125
Bee NanceChief Operating OfficerFT$114,121$32,946$147,067
Heidi DottererChief External Affairs OffFT$118,182$21,241$139,423
Ivelisse SanchezManaging Director, New EngFT$95,986$17,726$113,712

Board Members and Trustees

NameTitle
Robert KarrChair and Director
Jacky MccoyDirector
Laura JohnsonDirector
Tim McmanusDirector
Angelica Leveroni GomezDirector (as of Jan 2023)
Shayne SpaltenDirector (thru Dec 2022)
Thackston LundyTreasurer and Director
Lauren ZaneSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,332,866
Program Service Revenue
$2,872,200
Investment Income
$75,526
Other Revenue
$0
All Other Contributions
$967,244
Change in Net Assets
$323,486

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,280,592
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,280,592
Total Revenue per Form 990
$6,280,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,352,341
Salaries, Compensation, and Employee Benefits$2,604,765
Total Fundraising Expense$61,417
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,434,124-$24,115$1,458,239
Current Officers, Directors, Trustees, and Key Employees$641,600$70,647$32,157$744,404
Other Employee Benefits$193,139$16,504$480$210,123
Payroll Taxes$151,610$4,609$3,556$159,775
Other Expenses$111,353$13,946-$111,353
Office Expenses$55,832$32,398-$88,230
Pension Plan Contributions$31,115-$1,109$32,224
Fees for Services Accounting-$28,900-$28,900
Fees for Services Legal$60$3,796-$3,856
Total Functional Expenses$5,724,889$170,800$61,417$5,957,106

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,957,106
Total Expenses per Audited Statements$5,957,106
Total Expenses per Form 990$5,957,106
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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 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.

Part VII, Section A -

Shayne spalten and angelica leveroni gomez are employees (director) of the charles and lynn schusterman family foundation which is an on going donor to generation teach, inc. Shayne spalten and angelica leveroni gomez are not compensated by their employer to be on generation teach's board. It is purely on a volunteer basis. Robert karr and tim mcmanus are also board members of the hollyhock foundation which is an on going donor to generation teach, inc. Neither robert karr and tim mcmanus are compensated by the hollyhock foundation to be on generation teach's board. It is purely on a volunteer basis. Lauren zane is the program director (paid employee) of the hollyhock foundation which is an on going donor to generation teach, inc. Lauren zane is not compensated by the hollyhock foundation to be on generation teach's board. It is purely on a volunteer basis.

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
2024-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Zahn
Formed
2014
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
21
Volunteers
13

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

Part XII, Line 2C -

The board has not changed its process for selecting the independent auditor nor have they changed the oversight of the audit from prior years.

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, 2023, 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, 2020. The tax returns for years ended september 30, 2020 through september 30, 2023 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.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013946
IRS990/OtherExpensesGrp/ProgramServicesAmt02914426
IRS990/OtherExpensesGrp/ProgramServicesAmt1191630
IRS990/OtherExpensesGrp/ProgramServicesAmt2111353
IRS990/OtherExpensesGrp/TotalAmt02914426
IRS990/OtherExpensesGrp/TotalAmt1205576
IRS990/OtherExpensesGrp/TotalAmt2111353
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt024115
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01434124
IRS990/OtherSalariesAndWagesGrp/TotalAmt01458239
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03556
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04609
IRS990/PayrollTaxesGrp/ProgramServicesAmt0151610
IRS990/PayrollTaxesGrp/TotalAmt0159775
IRS990/PensionPlanContributionsGrp/FundraisingAmt01109
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt031115
IRS990/PensionPlanContributionsGrp/TotalAmt032224
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0140124
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049351
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt048689
IRS990/PrincipalOfficerNm0LAURA ZAHN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PARTNER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02872200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02872200
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03796818
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03253
IRS990/PYOtherExpensesAmt01949407
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02691200
IRS990/PYRevenuesLessExpensesAmt02993958
IRS990/PYSalariesCompEmpBnftPaidAmt01547906
IRS990/PYTotalExpensesAmt03497313
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06491271
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0323486
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02872200
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03981489
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04566896
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03332866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03796818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01113589
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0646770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01025683
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09915726
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt075526
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03253
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04790
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt083569
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt09527546
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74970
IRS990ScheduleA/PublicSupportPY170Pct00.36820
IRS990ScheduleA/PublicSupportTotal170Amt07496684
IRS990ScheduleA/SubstantialContributorsTotAmt02419042
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03332866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03796818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01113589
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0646770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01025683
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09915726
IRS990ScheduleA/TotalSupportAmt09999295
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05957106
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06280592
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, 2023, 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, 2020. THE TAX RETURNS FOR YEARS ENDED SEPTEMBER 30, 2020 THROUGH SEPTEMBER 30, 2023 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/TotalExpensesPerForm990Amt05957106
IRS990ScheduleD/TotalRevenuePerForm990Amt06280592
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06280592
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05957106
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175421
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt09250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt026454
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LAURA ZAHN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0211125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PROVIDED TO THE BOARD FOR THEIR COMMENTS AND FEEDBACK PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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/ExplanationTxt2COMPENSATION 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/ExplanationTxt3GENERATION TEACH'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SHAYNE SPALTEN AND ANGELICA LEVERONI GOMEZ ARE EMPLOYEES (DIRECTOR) OF THE CHARLES AND LYNN SCHUSTERMAN FAMILY FOUNDATION WHICH IS AN ON GOING DONOR TO GENERATION TEACH, INC. SHAYNE SPALTEN AND ANGELICA LEVERONI GOMEZ ARE NOT COMPENSATED BY THEIR EMPLOYER TO BE ON GENERATION TEACH'S BOARD. IT IS PURELY ON A VOLUNTEER BASIS. ROBERT KARR AND TIM MCMANUS ARE ALSO BOARD MEMBERS OF THE HOLLYHOCK FOUNDATION WHICH IS AN ON GOING DONOR TO GENERATION TEACH, INC. NEITHER ROBERT KARR AND TIM MCMANUS ARE COMPENSATED BY THE HOLLYHOCK FOUNDATION TO BE ON GENERATION TEACH'S BOARD. IT IS PURELY ON A VOLUNTEER BASIS. LAUREN ZANE IS THE PROGRAM DIRECTOR (PAID EMPLOYEE) OF THE HOLLYHOCK FOUNDATION WHICH IS AN ON GOING DONOR TO GENERATION TEACH, INC. LAUREN ZANE IS NOT COMPENSATED BY THE HOLLYHOCK FOUNDATION TO BE ON GENERATION TEACH'S BOARD. IT IS PURELY ON A VOLUNTEER BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD HAS NOT CHANGED ITS PROCESS FOR SELECTING THE INDEPENDENT AUDITOR NOR HAVE THEY CHANGED THE OVERSIGHT OF THE AUDIT FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VII, SECTION A -
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 2C -
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/StatesWhereCopyOfReturnIsFldCd1MA
IRS990/StatesWhereCopyOfReturnIsFldCd2RI
IRS990/StatesWhereCopyOfReturnIsFldCd3CO
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04947396
IRS990/TotalAssetsEOYAmt05350909
IRS990/TotalAssetsGrp/BOYAmt04947396
IRS990/TotalAssetsGrp/EOYAmt05350909
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt03332866
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt061417
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0170800
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05724889
IRS990/TotalFunctionalExpensesGrp/TotalAmt05957106
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt067314
IRS990/TotalLiabilitiesEOYAmt0147341
IRS990/TotalLiabilitiesGrp/BOYAmt067314
IRS990/TotalLiabilitiesGrp/EOYAmt0147341
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04880082
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05203568
IRS990/TotalOtherCompensationAmt0107617
IRS990/TotalProgramServiceExpensesAmt05724889
IRS990/TotalProgramServiceRevenueAmt02872200
IRS990/TotalReportableCompFromOrgAmt0503710

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