GENEROUS CHARITABLE INC

EIN: 845083570 501(c)(3) Philanthropy & Grantmaking

NASHVILLE, TN

Total Revenue
$224,197
Total Expenses
$215,463
Total Assets
$52,181
Net Assets
$52,181
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
TN
Principal Officer
RAY CAPP
Phone
6152978918
Tax Period
2022-01-01 to 2022-12-31

GENEROUS CHARITABLE INC, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $224K in total revenue in fiscal year 2022. Revenue surged 109% from the prior year, signaling strong growth momentum. Expenses of $215K left a modest 4% surplus.

Mission

GENEROUS CHARITABLE PROCESSES YOUR DONATION WHEN YOU MAKE A DONATION AT JOINGENEROUS.COM, PROVIDING THE ABILITY FOR YOU TO DONATE TO ANY QUALIFIED CHARITY IN THE US. FOR EXAMPLE, IF YOU DONATED TO YOUR LOCAL FOOD BANK USING GENEROUS, YOUR DONATION WOULD BE DEPOSITED WITH GENEROUS CHARITABLE FIRST AND GENEROUS CHARITABLE WOULD DISTRIBUTE YOUR DONATION TO YOUR LOCAL FOOD BANK SUBSEQUENTLY. IN THIS INSTANCE GENEROUS CHARITABLE WOULD APPEAR AS THE RECIPIENT ORGANIZATION ON YOUR TAX RECEIPT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $224,197
Investment Income $0
Other Revenue $0
TOTAL REVENUE $224,197

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $215,463
Other Expenses $215,463
TOTAL EXPENSES $215,463

Year-over-Year Comparison

2022 2021 Change
Revenue $224,197 $107,454 +1.1%
Expenses $215,463 $74,340 +1.9%
Net Income $8,734 $33,114 -0.7%
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

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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
3
Independent Members
3
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAY CAPP CHAIRMAN 1.00
Officer Director
$0 $0 $0
DEVANG DESAI DIRECTOR 1.00
Director
$0 $0 $0
CRAIG SALAZAR DIRECTOR 1.00
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
2022 $224,197 $215,463 $52,181 $8,734
2021 $107,454 $74,340 $43,447 $33,114
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