Civic Intelligence

2 Gen Equity

990EZ • Fiscal year 2018 • EIN 47-2531646

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

14 Main StreetTiburon, CA 94920

(415) 348-4684

Siviq Scores

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

Liabilities / Assets

76th percentile

0.08x

Higher debt load relative to assets than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

18th percentile

-24%

Faster asset growth than 18% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$3,581

Down $1,119 (-24%) from 2017

Net Assets

Down

$3,311

Down $1,120 (-25%) from 2017

Liabilities

Up

$270

Up $1 (+0.4%) from 2017

Revenue

Down

$0

Down $203,278 (-100%) from 2017

Expenses

Down

$1,120

Down $145,018 (-99%) from 2017

Net Income

Down

-$1,120

Down $58,260 (-102%) from 2017

Historical Trend

Balance Sheet Trend

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

$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

2018

Assets$3,581
Liabilities$270
Net Assets$3,311

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$0
Expenses$1,120
Net Income-$1,120
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
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.$784-
Compensation and Service Providers

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
14 Main Street, Tiburon, CA 94920

Signing Officer

Name
Patrick McNerney
Title
Chairman
Signed
2019-05-15
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 Expenses.1

Late Fees $125

Other Expenses.2

telephone and internet $120

Other Expenses.3

BANK SERVICE CHARGES $65

Other Expenses.4

Taxes and licenses $50

Other Expenses.5

MISC state tax $10

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $3059 Prepaid Expenses and Deferred Charges - Ending $3059

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $269 Accounts Payable and Accrued Expenses - Ending $270

Raw XML Appendix144 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/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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Late Fees $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1telephone and internet $120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK SERVICE CHARGES $65
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Taxes and licenses $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISC state tax $10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Patrick McNerney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt02 Gen Equity
ReturnHeader/Filer/BusinessNameControlTxt02GEN
ReturnHeader/Filer/EIN0472531646
ReturnHeader/Filer/USAddress/AddressLine1Txt014 Main Street
ReturnHeader/Filer/USAddress/CityNm0Tiburon
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094920
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07677 Oakport St Suite 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAKLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094621
ReturnHeader/PreparerPersonGrp/PhoneNum05108938114
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert H Griffin
ReturnHeader/ReturnTs02019-05-15T15:14:13-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings