Generation WE Inc
Nonprofit profile at a glance
- EIN
- 862729264
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Charlotte, NC, USA
- Phone
- 4248326794
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $70,138
- Expenses
- $57,643
- Assets
- $21,889
- Liabilities
- $703
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- Annie Totten (Executive Dir.)
- De' Angelo Dia (Director)
- Julie Cordua (Director)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Generation WE was created so that all children have an opportunity to learn, to explore, and to ask questions about the many differences our human race embodies. Exposure to differences through storytelling and interactive experiences empowers children to grow and encourages them to embrace others. When a child explores humanity through multi sensory activities, it results in a deeper understanding of others, and at an earlier age. By providing children with opportunities to explore diverse stories, we hope to increase awareness about inclusion and belonging for all.
What it reported doing in 2024
Generation WE provides thoughtfully designed workshops that bring children together from varying backgrounds, abilities and interests through art, sports and other creative mediums to explore our uniqueness and to learn about the power of storytelling. WE believe that empowering youth to share their personal stories and differences leads to awareness and connection. WE believe that by bringing kids together in a natural way over creative activities and sports, WE can create a sense of true belonging for all. During 2024 over 1,400 books were donated to institutions and communities served by Generation WE and served just under 1,000 individuals.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 36
- Transparency & Controls: 100
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.2%; rating input score 33
- Program expense ratio: 40.4%; rating input score 40
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 17.8%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 19.6% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 32.8% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 76.8% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 33.2% of revenue deployed · 40.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $23K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
- Moderate — Financial Efficiency: Program expense ratio scored 40/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.