GENERATIONNATION INC

EIN: 561785359 501(c)(3) Education

Charlotte, NC

Total Revenue
$228,567
Total Expenses
$157,638
Total Assets
$325,550
Net Assets
$325,550
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
NC
Principal Officer
Amy Farrell
Phone
7043436999
Tax Period
2023-07-01 to 2024-06-30

GENERATIONNATION INC, founded in 1992, is a small nonprofit in the Education sector that reported $229K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $71K, a strong 31% operating margin.

Mission

K-12 civic leadership education organization GenerationNation develops a new generation of civic leaders through a combination of classroom education and hands-on civic learning opportunities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $223,572
Program Service Revenue $0
Investment Income $4,995
Other Revenue $0
TOTAL REVENUE $228,567

Expense Breakdown

Grants Paid $0
Salaries & Benefits $76,237
Fundraising Expenses $0
Program Expenses $154,150
Other Expenses $81,401
TOTAL EXPENSES $157,638

Year-over-Year Comparison

2023 2022 Change
Revenue $228,567 $195,157 +0.2%
Expenses $157,638 $181,356 -0.1%
Net Income $70,929 $13,801 +4.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
2
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
13
$0
Key Employees
1
$42,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amy Farrell Executive Director 60
Key Emp
$42,000 $0 $42,000
Qiana Austin Board of Directors 1
Director
$0 $0 $0
Paul Burley Board of Directors 1
Director
$0 $0 $0
Tiffany Capers Board of Directors 1
Director
$0 $0 $0
LaShaun Carter Board of Directors 1
Director
$0 $0 $0
Christine Edwards Board of Directors 1
Director
$0 $0 $0
Bryan Holladay Board of Directors 1
Director
$0 $0 $0
Melissa Hovey Board of Directors 1
Director
$0 $0 $0
Margaret Marshall Board of Directors 1
Director
$0 $0 $0
Adam Rhew Board of Directors 1
Director
$0 $0 $0
Brandi Williams Board of Directors 1
Director
$0 $0 $0
Katie Eilers Board of Directors Student Advisor 3.00
Director
$0 $0 $0
Chase Howard Board of Directors Student Advisor 3
Director
$0 $0 $0
Zahara Mushinge Board of Directors 3
Director
$0 $0 $0
Maggie Akers Board of Directors 1
Officer
$0 $0 $0
Diane Gavarkavich Board of Directors Chair 1
Officer
$0 $0 $0
Righteous Keitt Board of Directors Vice Chair 1
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $228,567 $157,638 $325,550 $70,929
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