Civic Intelligence

2 Gen Equity

EIN 47-2531646 • 501(c)3 • San Francisco, CA

Profile

Our mission at 2Gen Equity is to end the cycle of poverty through a two-generation approach, motiviating single mothers and their children to successfully overcome the systemic social and financial barriers that perpetuate poverty.

1101 Sutter StreetSan Francisco, CA 94109

www.martinbuilding.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1,692 (-100%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $710 (-100%) from 2021

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2021

Expenses

Down

$710

Down $411 (-37%) from 2021

Net Income

Up

-$710

Up $411 (+37%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

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

$200K$100K$0-$100KAssets 2015: $148,687Liabilities 2015: $8,116Net Assets 2015: $140,5712015Assets 2016: $5,479Liabilities 2016: $58,188Net Assets 2016: -$52,7092016Assets 2017: $4,700Liabilities 2017: $269Net Assets 2017: $4,4312017Assets 2018: $3,581Liabilities 2018: $270Net Assets 2018: $3,3112018Assets 2019: $2,022Liabilities 2019: $170Net Assets 2019: $1,8522019Assets 2020: $2,022Liabilities 2020: $191Net Assets 2020: $1,8312020Assets 2021: $1,692Liabilities 2021: $982Net Assets 2021: $7102021Assets 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities-
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2015: $458,287Expenses 2015: $317,716Net Income 2015: $140,5712015Revenue 2016: $180,786Expenses 2016: $374,066Net Income 2016: -$193,2802016Revenue 2017: $203,278Expenses 2017: $146,138Net Income 2017: $57,1402017Revenue 2018: $0Expenses 2018: $1,120Net Income 2018: -$1,1202018Revenue 2019: $150Expenses 2019: $1,609Net Income 2019: -$1,4592019Revenue 2020: $0Expenses 2020: $21Net Income 2020: -$212020Revenue 2021: $0Expenses 2021: $1,121Net Income 2021: -$1,1212021Revenue 2022: $0Expenses 2022: $710Net Income 2022: -$7102022

Highlighted filing

2022

Revenue$0
Expenses$710
Net Income-$710
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$0
Expenses
$710
Net income
-$710
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.00$0.02$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.03$0.00$0.01$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.04$2.03$1.46$0.57
2016Detailed filing. Detailed filing data is available for this year.$0.05$0.58$0.53$1.81$3.74$1.93
2015Detailed filing. Detailed filing data is available for this year.$1.49$0.08$1.41$4.58$3.18$1.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 7, 2023
Return Version
2022v4.1
Mission and Program Overview

Mission

Our mission at 2Gen Equity is to end the cycle of poverty through a two-generation approach, motiviating single mothers and their children to successfully overcome the systemic social and financial barriers that perpetuate poverty.

Program Services

DescriptionGrantsExpenses
The Path Finder program is an intensive 24-month career and life development program, open to San Francisco families headed by a single mother between the ages of 18 and 25, with full custody of at least one child between the ages of 0 and 5, living below the federal poverty level. Utilizing a home visiting model, a family coach helps each mother develop her life plan, connects her to needed services to achieve this life plan, advocates for her and models positive parent and child interactions. The family coach helps navigate access to the six critical areas of opportunity, from helping mothers evaluate child care options and place children in high quality early childhood education, to ensuring that families obtain mental health support to address the effects of trauma commonly seen in poverty.2Gen Equity measures program success through detailed metric tracking, data evaluation, and Path Finder surveys. We collect data on our families progress in establishing assets in all six critical areas including, housing, physical and mental wellness, educational attainment, acquiring a living wage job, health parenting practices and financial management practices. We accomplish this tracking through a survey at intake and quarterly surveys of all families in our program. As our families move from poverty to self-sufficiency, we track these key metrics to measure progress. In addition to survey data, our family coach conducts a family functioning assessment at intake and on a quarterly basis. The family functioning assessment evaluates the stability of each familys shelter, nutrition, health care, employment, income/budget, adult education, childrens education, family relations, parenting, and risk of substance abuse or addiction. Results include:Dependency on cash aid from CalWorks has decreasedPath Finder's monthly income has risen from an average of $1,000 to over $2,000Avg. savings increased from $0 to $2,992 100% of Path Finders created a 529 account for their child(ren)Avg month since a preventive care check up went from 10 months at intake to 2months Avg time spent reading to children increased to 2 hours 6min./weekAvg time spent on math activities increased to 1hr. 42min/week Avg childs bedtime is now 8:53p.m. from 10:03p.m.Avg days without cell phone service dropped to 0.2 days/monthIn sum, first generation Path Finders report feeling more confident in their parenting along with having a stronger bond and understanding of their child(ren). Mothers also report an increase in the funds they are saving. All mothers have opened a 529 college savings account for their child(ren). Lastly, mothers report that framing their goal setting around the Cycle of Opportunity has helped to focus their efforts, and increased productivity. Mothers in the Path Finder program meet weekly with their family coach for support and monitoring progress towards self-sufficiency. Path Finder mothers meet as a cohort once a month in formal workshops addressing topics from childrens literacy to financial planning.--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patrick McNerneyPresident-$0--
Jill HelffensteinTreasurer-$0--
Gary DownsDirector-$0--
Filing and Contact Details

Filer

Filer Name
2 Gen Equity
EIN
47-2531646
Address
1101 Sutter Street, San Francisco, CA 94109

Signing Officer

Name
Patrick McNerney
Title
Chairman
Signed
2023-03-07
Discuss with paid preparer
Yes

Preparer

Firm
Williams Adley and Co-ca Llp
Address
7677 Oakport St Suite 1000, OAKLAND, CA 94621
Preparer
Robert H Griffin
Phone
5108938114
Supplemental Narrative

Additional Explanations

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $1500 Prepaid Expenses and Deferred Charges - Ending $0”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $982 Accounts Payable and Accrued Expenses - Ending $0”

Raw XML Appendix137 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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IRS990EZ/OtherAssetsTotalDetail/BOYAmt01500
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Path Finder program is an intensive 24-month career and life development program, open to San Francisco families headed by a single mother between the ages of 18 and 25, with full custody of at least one child between the ages of 0 and 5, living below the federal poverty level. Utilizing a home visiting model, a family coach helps each mother develop her life plan, connects her to needed services to achieve this life plan, advocates for her and models positive parent and child interactions. The family coach helps navigate access to the six critical areas of opportunity, from helping mothers evaluate child care options and place children in high quality early childhood education, to ensuring that families obtain mental health support to address the effects of trauma commonly seen in poverty.2Gen Equity measures program success through detailed metric tracking, data evaluation, and Path Finder surveys. We collect data on our families progress in establishing assets in all six critical areas including, housing, physical and mental wellness, educational attainment, acquiring a living wage job, health parenting practices and financial management practices. We accomplish this tracking through a survey at intake and quarterly surveys of all families in our program. As our families move from poverty to self-sufficiency, we track these key metrics to measure progress. In addition to survey data, our family coach conducts a family functioning assessment at intake and on a quarterly basis. The family functioning assessment evaluates the stability of each familys shelter, nutrition, health care, employment, income/budget, adult education, childrens education, family relations, parenting, and risk of substance abuse or addiction. Results include:Dependency on cash aid from CalWorks has decreasedPath Finder's monthly income has risen from an average of $1,000 to over $2,000Avg. savings increased from $0 to $2,992 100% of Path Finders created a 529 account for their child(ren)Avg month since a preventive care check up went from 10 months at intake to 2months Avg time spent reading to children increased to 2 hours 6min./weekAvg time spent on math activities increased to 1hr. 42min/week Avg childs bedtime is now 8:53p.m. from 10:03p.m.Avg days without cell phone service dropped to 0.2 days/monthIn sum, first generation Path Finders report feeling more confident in their parenting along with having a stronger bond and understanding of their child(ren). Mothers also report an increase in the funds they are saving. All mothers have opened a 529 college savings account for their child(ren). Lastly, mothers report that framing their goal setting around the Cycle of Opportunity has helped to focus their efforts, and increased productivity. Mothers in the Path Finder program meet weekly with their family coach for support and monitoring progress towards self-sufficiency. Path Finder mothers meet as a cohort once a month in formal workshops addressing topics from childrens literacy to financial planning.
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Document Assets

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