GENERATION PLEDGE INC (EIN 842787951) - 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

2019

Legal Domicile

Principal Officer

SIDNEY EFROMOVICH

Phone

2013811707

Tax Period

2024-01-01 to 2024-12-31

GENERATION PLEDGE INC, founded in 2019, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 12% surplus.

Mission

GENERATION PLEDGE, INC. (THE ORGANIZATION"), LOCATED IN VAUXHALL, NEW JERSEY IS A NON-PROFIT ORGANIZATION ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF (A) GROWING A COMMUNITY OF ULTRA HIGH NET WEALTH INDIVIDUALS AND INHERITORS THAT WILL INCREASE ALL FORMS OF CHARITABLE GIVING AND ACTIVITIES BY ENCOURAGING, PROMOTING AND FACILITATING GIVING TO CHARITABLE CAUSES; AND (B) SERVING AS AN EDUCATIONAL RESOURCE THAT MOBILIZES PEOPLE TO MAKE DECISIONS AND TAKE ACTIONS, IN ALL ASPECTS OF THEIR LIFE, THAT WILL HAVE A POSITIVE IMPACT AND PROMOTE GOOD WITH THE GOAL OF IMPROVING THE WORLD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,446,525

Program Service Revenue $76,935

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,523,460

Expense Breakdown

Grants Paid $0

Salaries & Benefits $318,487

Fundraising Expenses $146,571

Program Expenses $873,949

Other Expenses $1,029,160

TOTAL EXPENSES $1,347,647

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,523,460	$857,264	+0.8%
Expenses	$1,347,647	$904,144	+0.5%
Net Income	$175,813	$-46,880	-4.8%

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

$412,994

Total Directors

$318,487

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SIDNEY EFROMOVICH	PRESIDENT AND CHIEF EXECUTIVE OFFICER	40.00	Officer Director	$170,857	$0	$170,857
MARINA FEFFER OELSNER	SECRETARY AND CHIEF DEVELOPMENT OFFICER	40.00	Officer Director	$147,630	$0	$147,630
HEDDA PAHLSON-MOLLER	INDEPENDENT BOARD DIRECTOR	1.00	Director	$0	$0	$0
MEHUL BHAGAT	INDEPENDENT BOARD DIRECTOR	1.00	Director	$0	$0	$0
MEGAN O'BRIEN LOWERY	INDEPENDENT BOARD DIRECTOR	1.00	Director	$0	$0	$0
ZOE GUMM	TREASURER AND OPERATIONS DIRECTOR	40.00	Officer	$94,507	$0	$94,507

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	$1,523,460	$1,347,647	$776,157	$175,813
2023	$857,264	$904,144	$603,481	$-46,880
2022	$888,905	$511,681	$646,169	$377,224
2021	$657,708	$465,607	$268,813	$192,101
2021	$657,708	$465,607	$268,813	$192,101
2020	$408,627	$355,631	$77,175	$52,996

GENERATION PLEDGE INC