Generation Serve EIN 27-0452295

Generation Serve

EIN  27-0452295 Public charity (501(c)(3)) Austin, TX
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Size
$100K–1M
What they do
Engages children in volunteering to empower them as community-minded leaders through family service.
Leadership
Stephanie Bazan · Executive Director · $110K
Money in and out
$555K revenue, $574K expenses
Bottom line
76% program efficiency

Engages children in volunteering to empower them as community-minded leaders through family service. For fiscal year 2024 it reported $555K in revenue, $574K in expenses, and $162K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$555K
Pt VIII · Ln 12
Total expenses
$574K
Pt IX · Ln 25
Net assets
$162K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$19K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.19 Fundraising $0.05
Program efficiency
76%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
2.3mo
months of highly liquid reserves at operating expense rate▼ -8% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▲ +52% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$555K
FY2024▲ +14%
Expenses
$574K
FY2024▲ +10%
Total assets
$219K
FY2024▼ -19%
Total liabilities
$57K
FY2024▼ -37%
Total revenue
$555K
Pt VIII · Ln 12
Total expenses
$574K
Pt IX · Ln 25
Net assets
$162K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$19K
Total assetsPt X · Ln 16$219K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

3 program services account for $436K of program spending, described in the organization's own filed words · FY2024.
01

Family Volunteering

In 2024, 2,322 youth volunteers and their families contributed over 22,000 hours of service to 114 central texas nonprofit partners through generation serve. We hosted an average of 80 volunteer activities each month, totaling 1,014 generation serve-led service projects across our eight service pillars.

$325Kprogram expense
02

Teen Programming

Generation serve's teen leadership program empowered youth across central texas to develop leadership, communication, and civic engagement skills while serving their community. Under the guidance of our teen programs manager, participants organized and led volunteer projects, recruited peers to get involved, and supported local…

$77Kprogram expense
03

Little Helpers Program

Generation serve's little helpers program introduced young children, ages 3 to 5, to community service through age-appropriate, family-oriented volunteer activities. In 2024, families participated in projects that promoted compassion, teamwork, and civic responsibility while supporting our local nonprofit partners.

$35Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGeneration Serve
EINHdr · item D27-0452295
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jwww.generationserve.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFNov 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$110,000Pt VII · Sec A
Deputy Executive Director
$90,000Pt VII · Sec A
$0Pt VII · Sec A
Governance Chair
$0Pt VII · Sec A
Incoming President
$0Pt VII · Sec A
President Emeritus
$0Pt VII · Sec A
Finance Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Stephanie Bazan’s $110K as Executive Director is at the 87th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Stephanie Bazan$110,000$16,923
Muneeb Aslam$90,000$13,846
Nicole Sarkar$45,769$85,500$49,438
Amy Loar$65,742

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants110%$612K
Program service revenue$894
— government grantsLn 1e$72K
Total revenueLn 12$555K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.19 Fundraising $0.05
Program services76%$436K
Management & general19%$110K
Fundraising5%$27K
Total functional expensesLn 25$574K

Balance Sheet

Part X · end of year
CashLn 1$108K
Total assetsLn 16$219K
Total liabilitiesLn 26$57K
Total net assetsLn 32$162K
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $108K · Operating expenses (Pt IX) $574K · Less non-cash grants $1K · Cash operating expenses/yr $573K
2.3 months
Where the money goes
Program services
Program services $436K · Total expenses $574K
76%
Management & General
Management & general $110K · Total expenses $574K
19%
Fundraising
Fundraising $27K · Total expenses $574K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $53K · Solicited contributions (3-yr avg) $501K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $612K · Total revenue $555K
110%
Government reliance
Government grants $72K · Total revenue $555K
13%
Earned-income share
Program service revenue $894 · Total revenue $555K
0%
Investment reliance
Investment income $0 · Total revenue $555K
0%
Program self-sufficiency
Program service revenue $894 · Total expenses $574K
0%
Growth & trend
Revenue growth (YoY)
This year $555K · Prior year $485K
+14%
Revenue CAGR
FY2020 $561K · FY2024 $555K
0%
Net-asset trend (YoY)
End of year $162K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $555K · Expenses $574K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $219K
Net-asset ratio
Net assets $162K · Total assets $219K
74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $219K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stephanie Bazan · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $110K · Total expenses $574K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $375K · Total expenses $574K
65%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 19%
Fundraising cost ratio 4%
Revenue growth 14%
Legal fee ratio 2%
Accounting fee ratio 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$555K revenue · viewing · ⤓ 990 PDF
FY2023$485K revenue · ⤓ 990 PDF
FY2022$507K revenue · ⤓ 990 PDF
FY2021$738K revenue · ⤓ 990 PDF
FY2020$561K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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