GenerationEd

Nonprofit profile at a glance

EIN
560863474
IRS 990 coverage
2010–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025
Location
Greensboro, NC, USA
Phone
(336) 378-7700
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Child Day Care

Official website

Reported finances

Revenue
$29,314,304
Expenses
$28,691,292
Assets
$19,667,176
Liabilities
$4,408,947

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

24 people listed

Executive titles in this filing

  • MARIA LAYNE-STEVENS (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • MARIA LAYNE-STEVENS (CHIEF EXECUTIVE OFFICER): $228,834 total reported compensation
  • MELISSA MARTINEZ (CHIEF FINANCIAL OFFICER): $187,992 total reported compensation
  • DAINTRY O'BRIEN (CHIEF DEVELOPMENT OFFICER): $180,798 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Empowering and inspiring young children and families to build skills, resilience and confidence to fulfill their vision of success.

What it reported doing in 2025

Generationed's head start/early head start program operates twelve child care centers in guilford county, one child care center in rockingham county, and one home-based program for 1,324 disadvantaged children. The program focuses on outcomes for children emotionally, socially, physically, and intellectually by addressing prenatal care, healthy families and quality classrooms. Twelve centers hold the five star licensing rating and the national association for education of young children (naeyc) rating wih review under way for one center. We also currently employ birth through kindergarten (bk) licensed/ certified teachers in all of our four-year old classrooms. Children and families in need received quality education, health and family support services contributing to school readiness for the children, and the health and well-being of the families. Gen ed children received 2,020 medical exams and 1,680 dental exams.

Operating model

Revenue model
Grant-funded. 72% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 98% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 83
  • Accountability: 100
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.1%; rating input score 83
  • Program expense ratio: 84.7%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.1%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.69; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 3.2%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 4.2% per year; rating input score 100; 33rd percentile among comparable filings
  • Revenue growth: 3.9% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 6.6% per year; rating input score 100; 47th percentile among comparable filings

Details

  • What they do: 10 programs and campaigns described on the official site · 4 operating locations identified
  • Where the money goes: 83.1% of revenue deployed · 84.7% of spending went to programs
  • Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $24.3M in reported program spending
  • Leadership: top reported pay $229K · 24 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $875K reported
  • Consistency: 38 of 38 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.