Generation Enterprise

Nonprofit profile at a glance

EIN
412272965
IRS 990-EZ coverage
2013–2016
Official website data refreshed
Sep 2026
Forms available
Form 990-EZ 2016, Form 990-N 2011
Location
New York, NY, USA
Phone
9738668302
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development - Business

Official website

Reported finances

Revenue
$141,809
Expenses
$115,335
Assets
$14,826
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • CLARA CHOW (CEO & BOARD CHAIR)
  • MICHAEL KUNTZ (COO/PRESIDENT & BOARD TREASURER)

People named in this filing

  • CLARA CHOW (CEO & BOARD CHAIR)
  • MICHAEL KUNTZ (COO/PRESIDENT & BOARD TREASURER)
  • LILY RUBIN (VICE CHAIR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To empower youth through entrepreneurship and enterprise development.

What it reported doing in 2016

The organization's programs are youth entrepreneurship labs/incubators, focused in lagos state in nigeria (after previous pilots and projects in ilesha, nigeria and delhi, india). Each entrepreneurship lab program ("startup academy") includes training and business testing, in which youth learn and apply business skills. High performing micro-enterprises can move from the startup academy into a portfolio of "social mobility enterprises," businesses that are designed to scale up and create paths out of poverty for low-income, low-skilled youth.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 100
  • Sustainability: 58
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.6%; rating input score 79
  • Program expense ratio: 96.6%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 18.7%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 34.4% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 20.4% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: -64.3% per year; rating input score 0; 1st percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 78.6% of revenue deployed · 96.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $111K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2013 to 2016
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.