Civic Intelligence

Gen12 2 Foundation Inc.

990PF • Fiscal year 2023 • EIN 87-3930791

Jan 01, 2023 to Dec 31, 2023 • Filed on May 28, 2024

17 East 16th Street Apartment 4New York, NY 10003

(971) 751-5527

Siviq Scores

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

Liabilities / Assets

77th percentile

0.00x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

0.00x

Higher debt load relative to revenue than 81% of similar nonprofits.

2023 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2023

Net Margin

17th percentile

-144%

Higher net margin than 17% of similar nonprofits.

2023 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2023 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2023

Asset Growth

39th percentile

-2.4%

Faster asset growth than 39% of similar nonprofits.

2023 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

21%

Faster revenue growth than 59% of similar nonprofits.

2023 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,350,952

Down $57,978 (-2.4%) from 2022

Net Assets

Down

$2,350,952

Down $57,978 (-2.4%) from 2022

Liabilities

Down

$0

Down $1 (-100%) from 2022

Revenue

Up

$40,401

Up $6,920 (+21%) from 2022

Expenses

Up

$98,379

Up $367 (+0.4%) from 2022

Net Income

Up

-$57,978

Up $6,553 (+10%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2021: $3,003,030Liabilities 2021: $1Net Assets 2021: $3,003,0302021Assets 2022: $2,408,930Liabilities 2022: $1Net Assets 2022: $2,408,9302022Assets 2023: $2,350,952Liabilities 2023: $0Net Assets 2023: $2,350,9522023Assets 2024: $2,596,984Liabilities 2024: $0Net Assets 2024: $2,596,9842024

Highlighted filing

2023

Assets$2,350,952
Liabilities$0
Net Assets$2,350,952

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $3,023,655Expenses 2021: $20,625Net Income 2021: $3,003,0302021Revenue 2022: $33,481Expenses 2022: $98,012Net Income 2022: -$64,5312022Revenue 2023: $40,401Expenses 2023: $98,379Net Income 2023: -$57,9782023Revenue 2024: $398,965Expenses 2024: $152,933Net Income 2024: $246,0322024

Highlighted filing

2023

Revenue$40,401
Expenses$98,379
Net Income-$57,978
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 28, 2024
Return Version
2023v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CATHERINA PARKPresident-$0--
KYUN PARKTreasurer-$0--
PHILIP KIMSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Gen122 Foundation Inc
EIN
87-3930791
Phone
9717515527
Address
17 EAST 16TH STREET APARTMENT 4, NEW YORK, NY 10003

Signing Officer

Name
Catherina Park
Title
Director and President
Phone
9717515527
Signed
2024-05-28
Discuss with paid preparer
Yes

Preparer

Firm
Bober Markey Fedorovich & Company
Address
3421 RIDGEWOOD ROAD SUITE 300, AKRON, OH 44333
Preparer
Mark Bober
Phone
3307629785
Raw XML Appendix379 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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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3SUPPORT FOR THE CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4COUNSELING SERVICES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt5GENERAL FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt6GENERAL FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt7EDUCATION
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3REDEEMER PRESBYTERIAN DOWNTOWN CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4REDEEMER UNIVERSITY FELLOWSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5REFORMED UNIVERSITY FELLOWSHIP
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt7UNITED NATIONS INTERNATIONAL SCHOOL
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt5PUBLIC
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt7PUBLIC
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt5PO BOX 1003 BOWLING GREEN STATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt624-50 FDR DRIVE
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm4CHARLOTTE
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm6NEW YORK
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IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt07409
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt063642
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IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0134841
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IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt071051
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
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IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt063642
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0INVESTMENT FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt022303
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt0525
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0FILING FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHERINA PARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR AND PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09717515527
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GEN122 FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GEN1
ReturnHeader/Filer/EIN0873930791
ReturnHeader/Filer/PhoneNum09717515527
ReturnHeader/Filer/USAddress/AddressLine1Txt017 EAST 16TH STREET APARTMENT 4
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010003
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341523030
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOBER MARKEY FEDOROVICH & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03421 RIDGEWOOD ROAD SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AKRON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044333
ReturnHeader/PreparerPersonGrp/PhoneNum03307629785
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK BOBER
ReturnHeader/ReturnTs02024-05-29T09:38:08-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CATHERINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PARK
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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