Civic Intelligence

Mckinsey Social Initiative Inc

EIN 47-1073442 • 501(c)3 • Washington, DC

View Organization Page

Profile

The organization is solely for

601 Pennsylvania Avenue NW 900Washington, DC 20004

www.mckinseysocialinitiative.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.04x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

0.05x

Higher debt load relative to revenue than 16% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

86th percentile

$594,301

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

87th percentile

24%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

22%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$39,235,125

Up $7,517,225 (+24%) from 2023

Liabilities

Up

$1,695,386

Up $633,241 (+60%) from 2023

Net Assets

Up

$37,539,739

Up $6,883,984 (+22%) from 2023

Operations
Liabilities / Revenue16th percentileNet Margin76th percentile

Revenue

Up

$31,427,071

Up $5,664,248 (+22%) from 2023

Expenses

Down

$24,617,756

Down $4,242,372 (-15%) from 2023

Net Income

Up

$6,809,315

Up $9,906,620 (+320%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

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

$60M$40M$20M$0Assets 2014: $2,960,672Liabilities 2014: $957,279Net Assets 2014: $2,003,3932014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $11,427,712Liabilities 2016: $244,789Net Assets 2016: $11,182,9232016Assets 2017: $12,223,015Liabilities 2017: $516,778Net Assets 2017: $11,706,2372017Assets 2018: $15,957,373Liabilities 2018: $921,264Net Assets 2018: $15,036,1092018Assets 2019: $19,304,493Liabilities 2019: $1,359,803Net Assets 2019: $17,944,6902019Assets 2020: $41,732,520Liabilities 2020: $2,071,883Net Assets 2020: $39,660,6372020Assets 2021: $32,196,758Liabilities 2021: $937,556Net Assets 2021: $31,259,2022021Assets 2022: $35,370,877Liabilities 2022: $1,613,000Net Assets 2022: $33,757,8772022Assets 2023: $31,717,900Liabilities 2023: $1,062,145Net Assets 2023: $30,655,7552023Assets 2024: $39,235,125Liabilities 2024: $1,695,386Net Assets 2024: $37,539,7392024

Highlighted filing

2024

Assets$39,235,125
Liabilities$1,695,386
Net Assets$37,539,739
Open 2024 Filing

Operations Trend

Revenue Growth73rd percentile

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

$60M$40M$20M$0-$20MRevenue 2014: $3,812,112Expenses 2014: $1,808,720Net Income 2014: $2,003,3922014Revenue 2015: $9,029,151Expenses 2015: $6,487,278Net Income 2015: $2,541,8732015Revenue 2016: $5,757,398Expenses 2016: $10,599,052Net Income 2016: -$4,841,6542016Revenue 2017: $10,899,040Expenses 2017: $10,375,728Net Income 2017: $523,3122017Revenue 2018: $14,438,392Expenses 2018: $11,108,520Net Income 2018: $3,329,8722018Revenue 2019: $26,139,408Expenses 2019: $23,230,827Net Income 2019: $2,908,5812019Revenue 2020: $43,948,345Expenses 2020: $22,230,617Net Income 2020: $21,717,7282020Revenue 2021: $17,956,702Expenses 2021: $27,876,241Net Income 2021: -$9,919,5392021Revenue 2022: $34,440,470Expenses 2022: $31,946,612Net Income 2022: $2,493,8582022Revenue 2023: $25,762,823Expenses 2023: $28,860,128Net Income 2023: -$3,097,3052023Revenue 2024: $31,427,071Expenses 2024: $24,617,756Net Income 2024: $6,809,3152024

Highlighted filing

2024

Revenue$31,427,071
Expenses$24,617,756
Net Income$6,809,315
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$39,235,125
Liabilities
$1,695,386
Net assets
$37,539,739
Revenue
$31,427,071
Expenses
$24,617,756
Net income
$6,809,315
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.2$1.70$37.5$31.4$24.6$6.81
2023Summary only. Only limited summary data is available for this year.$31.7$1.06$30.7$25.8$28.9$3.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.4$1.61$33.8$34.4$31.9$2.49
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.2$0.94$31.3$18.0$27.9$9.92
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.7$2.07$39.7$43.9$22.2$21.7
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.3$1.36$17.9$26.1$23.2$2.91
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.0$0.92$15.0$14.4$11.1$3.33
2017Summary only. Only limited summary data is available for this year.$12.2$0.52$11.7$10.9$10.4$0.52
2016Summary only. Only limited summary data is available for this year.$11.4$0.24$11.2$5.76$10.6$4.84
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$9.03$6.49$2.54
2014Detailed filing. Detailed filing data is available for this year.$2.96$0.96$2.00$3.81$1.81$2.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 28, 2025
Return Version
2024v5.2
Gross Receipts
$31,427,071
Mission and Program Overview

Mission

The organization is solely for

Our mission is to transform education to employment systems to prepare, place, and support people into life-changing careers that would otherwise be inaccessible.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$14,898,912$17,786,979▲ $2,888,067
Savings and Temporary Cash Investments$11,813,406$17,383,674▲ $5,570,268
Prepaid Expenses and Deferred Charges$2,116,011$2,069,246▼ $46,765
Accounts Receivable$1,222,664$1,441,856▲ $219,192
Cash and Non-Interest-Bearing Accounts$1,666,907$553,370▼ $1,113,537
Total Assets$31,717,900$39,235,125▲ $7,517,225
Liabilities
Accounts Payable and Accrued Expenses$1,062,145$1,695,386▲ $633,241
Total Liabilities$1,062,145$1,695,386▲ $633,241
Net Assets / Fund Balance
Net Assets With Donor Restrictions$22,515,048$29,867,849▲ $7,352,801
Net Assets Without Donor Restrictions$8,140,707$7,671,890▼ $468,817
Total Net Assets Fund Balance$30,655,755$37,539,739▲ $6,883,984
Total Liabilities and Net Assets / Fund Balance$31,717,900$39,235,125▲ $7,517,225
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mona MourshedPresident & CEOFT$486,475$107,826$594,301
Jeremy FoxRegional CEO, ApacFT$259,917$52,835$312,752
Ali JafferChief Operating OfficerFT$264,000$42,802$306,802
Kelly CassaroChief of LearningFT$239,894$62,374$302,268
Guli RuzmetovaChief Financial OfficerFT$223,682$49,005$272,687
Bonni TheriaultChief Partnerships OfficerFT$219,541$32,115$251,656
Jennifer SikesChief Communication OfficerFT$193,199$58,121$251,320
Minh Huy LaiRegional COO, EuropeFT$181,866$45,430$227,296
Gillian MckennaChief People OfficerFT$198,313$28,781$227,094
Katherine KelleyDirector of Learner EngagementFT$159,325$40,057$199,382

Board Members and Trustees

NameTitle
Michael HalbyeChair
Anne-marie SlaughterDirector
Dana Brakman-reiserDirector
Laura CorbDirector
Linda Fayne-levinsonDirector
Maysa JalboutDirector
Salah-eddine KandriDirector
Scott MckinleyDirector
Siva KumariDirector
Stephanie KhuranaDirector
Wendy KoppDirector
Kevin SteinbergSecretary
Michael SilberTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Meltwater Entrepreneurial School Of TechTraining Programs1460 BROADWAY, New York, NY 10036, Gh$291,736
Papaya Global INCProfessional Employer Organization75 KENDAL AVE, Maplewood, NJ 07040, Uk$259,841
Darby Films INCWeb Services68 JAY STREET 2ND FLOOR SUITE 201, Brooklyn, NY 11201$255,987
Fineas Media INCDigital Storytelling And Media Productio-$191,865
Seven Hills CommunicationPublic Relations And Marketing-$138,051
Revenue and Support

Revenue Composition

Contributions and Grants
$30,013,913
Program Service Revenue
$579,690
Investment Income
$833,468
Other Revenue
$0
All Other Contributions
$30,013,913
Change in Net Assets
$6,809,315

Audited Revenue Reconciliation

Revenue per Audited Statements
$31,427,071
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$7,095,572
Total Revenue per Audited Statements
$38,522,643
Total Revenue per Form 990
$31,427,071
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,611,186
Grants and Similar Amounts Paid$6,769,788
Other Expenses$6,236,782
Total Fundraising Expense$430,202
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,897,107$1,635,110$334,671$7,866,888
Foreign Grants$6,769,788--$6,769,788
Fees for Services Other$2,135,474$962,098-$3,097,572
Current Officers, Directors, Trustees, and Key Employees$609,068$1,118,309-$1,727,377
Other Employee Benefits$1,190,923$446,626$63,592$1,701,141
Advertising$212,129$37,060-$249,189
Fees for Services Accounting$47,494$171,200-$218,694
Information Technology$208,695$6,566-$215,261
Payroll Taxes$143,977$59,336$7,476$210,789
Office Expenses$91,998$99,742$3,246$194,986
Pension Plan Contributions$89,823$9,095$6,073$104,991
Travel$84,472$13,313$404$98,189
Fees for Services Legal$18,587$44,754-$63,341
Insurance-$30,572-$30,572
Occupancy$24,712$1,172-$25,884
Other Expenses$3,841$606,739$14,740$3,841
All Other Expenses$-173,950$34,250-$-139,700
Total Functional Expenses$18,911,612$5,275,942$430,202$24,617,756

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$31,638,659
Expenses per Audited Statements$24,617,756
Total Expenses per Form 990$24,617,756
Expenses Not Reported on Form 990$7,020,903
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
18
Employees
796
Spending
$6,769,789

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumGrants to Recipients Located in Region-6272$3,574,463
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Grants to Recipients Located in Region-4173$1,453,823
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Grants to Recipients Located in Region-174$815,609
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Grants to Recipients Located in Region-3164$399,170
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Grants to Recipients Located in Region-256$329,579
North America - Canada and Mexico, But Not the United StatesGrants to Recipients Located in Region-257$197,145
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
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of the tax return is provided to the board of directors for review prior to filing.”

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

“Members are required to disclose actual or possible conflicts of interest and periodic reviews are done.”

Form 990, Part VI, Section B, Line 15

“The board of directors sets the compensation for the ceo and all key employees, guided by periodic external compensation survey. The latest compensation survey was conducted in 2023. Compensation includes certain individuals who are not u.s. Residents or u.s. Employees, therefore, the compensation information for these individuals is provided using the best information available from the w-2 equivalent.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Generation You Employed Inc
EIN
47-1073442
Phone
2026294410
Address
601 PENNSYLVANIA AVENUE NW 900, WASHINGTON, DC 20004

Signing Officer

Name
Mona Mourshed
Title
President & CEO
Phone
2026294410
Signed
2025-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mona Mourshed
Formed
2014
Legal Domicile
Dc
Voting Board Members
14
Independent Board Members
13
Employees
110
Volunteers
0

Preparer

Firm
Calibre CPA Group Pllc
Address
7501 WISCONSIN AVENUE SUITE 1200, WEST, BETHESDA, MD 20814
Preparer
Erin Cranmer
Phone
2023319880
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Direct subcontractor costs: program service expenses 2,135,474. Management and general expenses 962,098. Fundraising expenses 0. Total expenses 3,097,572.”

Financial Statement Notes

PART X, LINE 2:

“Gye accounts for income taxes in accordance with the accounting standards codification (asc) topic income taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's consolidated financial statements and prescribe a threshold of "more likely than not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Gye performed an evaluation of uncertain tax positions for the years ended december 31, 2024 and 2023, and determined that there were no matters that would require recognition in the consolidated financial statements or that may have an effect on its tax-exempt status.”

Raw XML AppendixShowing 400 of 1,258 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.

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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
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IRS990/Form990PartVIISectionAGrp/PersonNm17JENNIFER SIKES
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF OF LEARNING
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF COMMUNICATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18REGIONAL CEO, APAC
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF PEOPLE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHIEF PARTNERSHIPS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR OF LEARNER ENGAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22REGIONAL COO, EUROPE
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IRS990/GrantsToOrganizationsInd00
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IRS990/MissionDesc0OUR MISSION IS TO TRANSFORM EDUCATION TO EMPLOYMENT SYSTEMS TO PREPARE, PLACE, AND SUPPORT PEOPLE INTO LIFE-CHANGING CAREERS THAT WOULD OTHERWISE BE INACCESSIBLE.
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IRS990/ProgramServiceRevenueGrp/Desc2COUNTRY SETUP FEE
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IRS990/ProgramServiceRevenueGrp/Desc4MISCELLANEOUS REVENUE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt270000
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt412007
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