HOUR GENERATION FOUNDATION (EIN 822246592) - Form 990 Financial Analysis & Trantor Score

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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

2017

Legal Domicile

Principal Officer

SHERIDA TURNER

Phone

8045572648

Tax Period

2023-01-01 to 2023-12-31

HOUR GENERATION FOUNDATION, founded in 2017, is a small nonprofit in the Youth Development sector that reported $472K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $219K, a strong 46% operating margin.

Mission

HOUR GENERATION FOUNDATION'S MISSION IS TO INSPIRE AND EMPOWER YOUTH TO EPLORE THEIR TALENTS BY PROVIDING INFORMATION, ADVOCACY, AND SERVICE ALLOWING THEM TO MAZIMIZE THEIR POTENTIAL AND REALIZE THEIR SPECIAL GIFTS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $467,609

Program Service Revenue $0

Investment Income $0

Other Revenue $4,566

TOTAL REVENUE $472,175

Expense Breakdown

Grants Paid $55,160

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $236,843

Other Expenses $197,909

TOTAL EXPENSES $253,069

Year-over-Year Comparison

	2023	2022	Change
Revenue	$472,175	$388,989	+0.2%
Expenses	$253,069	N/A	N/A
Net Income	$219,106	$388,989	-0.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOUSTON J GRANT	FOUNDER	2.00	Officer Director	$0	$0	$0
BEVERLY GRANT-HOLSTON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
GAIL TAYLOR	SECRETARY	2.00	Officer Director	$0	$0	$0
MEDORA FRAZIER	GENERAL MANAGER	2.00	Officer Director	$0	$0	$0
MARY JOHNSON	EXECUTIVE ASSISTANT	2.00	Officer Director	$0	$0	$0
SHERIDA TURNER	TREASURER	2.00	Officer Director	$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
2024	No data	No data	No data	No data
2023	$472,175	$253,069	$477,850	$219,106
2022	$388,989	$285,068	$258,744	$103,921
2021	$271,504	$138,197	$155,276	$133,307

HOUR GENERATION FOUNDATION