Civic Intelligence

Generositywaterorg

990EZ • Fiscal year 2023 • EIN 86-3735111

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 12, 2024

1270 S Alfred Street 351948Los Angeles, CA 90035

(503) 522-4851

Siviq Scores

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

Liabilities / Assets

85th percentile

0.22x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

0.67x

Higher debt load relative to revenue than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

1st percentile

-2004%

Higher net margin than 1% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

4th percentile

-87%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

2nd percentile

-98%

Faster revenue growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$97,428

Down $630,806 (-87%) from 2022

Net Assets

Down

$75,863

Down $644,695 (-89%) from 2022

Liabilities

Up

$21,565

Up $13,889 (+181%) from 2022

Revenue

Down

$32,169

Down $1,605,087 (-98%) from 2022

Expenses

Down

$676,864

Down $188,094 (-22%) from 2022

Net Income

Down

-$644,695

Down $1,416,993 (-183%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2022: $728,234Liabilities 2022: $7,676Net Assets 2022: $720,5582022Assets 2023: $97,428Liabilities 2023: $21,565Net Assets 2023: $75,8632023

Highlighted filing

2023

Assets$97,428
Liabilities$21,565
Net Assets$75,863

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2022: $1,637,256Expenses 2022: $864,958Net Income 2022: $772,2982022Revenue 2023: $32,169Expenses 2023: $676,864Net Income 2023: -$644,6952023

Highlighted filing

2023

Revenue$32,169
Expenses$676,864
Net Income-$644,695
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$32,169
Mission and Program Overview

Mission

Generosity foundation is a strategic collaborative organization that facilitates, curates, and resources humanity's most pressing issues in a culturally relevant way.

Program Services

DescriptionGrantsExpenses
DELIVERY AND MAINTENANCE OF SUSTAINABLE WATER DISPENSERS FOR THE FIFA WORLD CUP EVENT. IN-DEPTH DISCUSSIONS AND PLANNING WITH THE QATAR FOUNDATION FOR ADVANCEMENT OF THE EDUCATION ABOVE ALL (EAA) SAFE WATER PROJECT FOR INDONESIA. PROJECT TO ENCOMPASS 72 SCHOOLS ACROSS THE COUNTRY TO PROVIDE CLEAN/SAFE WATER TO CHILDREN. CONTINUED DISCUSSIONS WITH THE FIFA ORGANIZATION TO PROVIDE SERVICES FOR ALL FUTURE EVENTS.$0$659,198
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LOUIS UPKINSDirector-$0--
JUDAH SMITHDirector-$0--
KABIR SHAHANIDirector-$0--
MICAH CRAVALHOPresident/DirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Generosity Foundation Inc
EIN
86-3735111
Phone
5035224851
Address
1270 S ALFRED STREET 351948, LOS ANGELES, CA 90035

Signing Officer

Name
Micah Cravalho
Title
President
Phone
5035224851
Signed
2024-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Cohnreznick Llp
Address
14 SYLVAN WAY, PARSIPPANY, NJ 07054-3801
Preparer
Lori Rothe Yokobosky CPA
Phone
9732283500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 72.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: automobile . Amount: 560. Description: bank fees. Amount: 87. Description: business meeting expenses. Amount: 3,254. Description: computer software/applications. Amount: 3,300. Description: donor development/ meeting expense. Amount: 791. Description: gifts/promotional. Amount: 3,370. Description: home office reimbursements. Amount: 5,700. Description: liability insurance. Amount: 3,527. Description: office expenses. Amount: 575. Description: payroll tax. Amount: 26,373. Description: rent fees. Amount: 447. Description: travel. Amount: 23,117. Description: outsourced projects. Amount: 9,954. Total to form 990-ez, line 16: 81,055.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: account payable. Beg. Of year amount: 7,676. End of year amount: 21,565.

Form 990-ez Part V Line 34

The organization changed its name to generosity foundation, inc.

Raw XML Appendix161 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/OfficerDirectorTrusteeEmplGrp/PersonNm0LOUIS UPKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JUDAH SMITH
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICAH CRAVALHO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT/DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt081055
IRS990EZ/OtherRevenueTotalAmt072
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0GENEROSITY FOUNDATION IS A STRATEGIC COLLABORATIVE ORGANIZATION THAT FACILITATES, CURATES, AND RESOURCES HUMANITY'S MOST PRESSING ISSUES IN A CULTURALLY RELEVANT WAY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 72.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: AUTOMOBILE . AMOUNT: 560. DESCRIPTION: BANK FEES. AMOUNT: 87. DESCRIPTION: BUSINESS MEETING EXPENSES. AMOUNT: 3,254. DESCRIPTION: COMPUTER SOFTWARE/APPLICATIONS. AMOUNT: 3,300. DESCRIPTION: DONOR DEVELOPMENT/ MEETING EXPENSE. AMOUNT: 791. DESCRIPTION: GIFTS/PROMOTIONAL. AMOUNT: 3,370. DESCRIPTION: HOME OFFICE REIMBURSEMENTS. AMOUNT: 5,700. DESCRIPTION: LIABILITY INSURANCE. AMOUNT: 3,527. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 575. DESCRIPTION: PAYROLL TAX. AMOUNT: 26,373. DESCRIPTION: RENT FEES. AMOUNT: 447. DESCRIPTION: TRAVEL. AMOUNT: 23,117. DESCRIPTION: OUTSOURCED PROJECTS. AMOUNT: 9,954. TOTAL TO FORM 990-EZ, LINE 16: 81,055.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNT PAYABLE. BEG. OF YEAR AMOUNT: 7,676. END OF YEAR AMOUNT: 21,565.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION CHANGED ITS NAME TO GENEROSITY FOUNDATION, INC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ PART V LINE 34
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICAH CRAVALHO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05035224851
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GENEROSITY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GENE
ReturnHeader/Filer/EIN0863735111
ReturnHeader/Filer/PhoneNum05035224851
ReturnHeader/Filer/USAddress/AddressLine1Txt01270 S ALFRED STREET 351948
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHNREZNICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 SYLVAN WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARSIPPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070543801
ReturnHeader/PreparerPersonGrp/PhoneNum09732283500
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI ROTHE YOKOBOSKY CPA
ReturnHeader/ReturnTs02024-11-13T01:06:17-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings