Generation Serve EIN 27-0452295

Generation Serve FY2020 filing

EIN  27-0452295 Public charity (501(c)(3)) Austin, TX
Form 990 (PDF)
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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
Amy Loar · Executive Director · $66K
Money in and out
$561K revenue, $703K expenses
Bottom line
74% program efficiency

Engages children in volunteering to empower them as community-minded leaders through family service. For fiscal year 2020 it reported $561K in revenue, $703K in expenses, and $18K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$561K
Pt VIII · Ln 12
Total expenses
$703K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$142K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.11 Fundraising $0.15
Program efficiency
74%
of spending reaches programs
Operating runway
1.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-25%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$561K
FY2020
Expenses
$703K
FY2020
Total assets
$138K
FY2020
Total liabilities
$121K
FY2020
Total revenue
$561K
Pt VIII · Ln 12
Total expenses
$703K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$142K
Total assetsPt X · Ln 16$138K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

2 program services account for $517K of program spending, described in the organization's own filed words · FY2020.
01

Family Volunteering

1,464 children provided 11,747 volunteer hours to our 120 community partners. Our programs have a positive impact on youth, families, and the partners we serve. Parents report that their children gain a better understanding of community needs and have an increased desire to make a difference in the community.

$388Kprogram expense
02

Teen Leadership

Our 2020 teen leadership program was fully virtual with 60 youth participating. We introduced a new program for youth ages 8-12 during the summer and had over 45 youth participate. Through these two programs, teens mentored younger participants who worked on independent service projects to benefit the community.

$129Kprogram 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 1a12
Independent voting membersPt VI · Ln 1b12
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$65,742Pt VII · Sec A
President Elect
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Immediate Past Board President
$0Pt VII · Sec A
$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 & grants$543K · 97%
Program service revenue$27K · 5%
Contributions & grants97%$543K
Program service revenue5%$27K
Investment income$3
Total revenueLn 12$561K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.11 Fundraising $0.15
Program services74%$517K
Management & general11%$78K
Fundraising15%$109K
Total functional expensesLn 25$703K

Balance Sheet

Part X · end of year
CashLn 1$65K
Total assetsLn 16$138K
Total liabilitiesLn 26$121K
Total net assetsLn 32$18K
Months of cash on handcomputed1.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $65K · Operating expenses (Pt IX) $703K · Less non-cash grants $4K · Cash operating expenses/yr $698K
1.1 months
Where the money goes
Program services
Program services $517K · Total expenses $703K
74%
Management & General
Management & general $78K · Total expenses $703K
11%
Fundraising
Fundraising $109K · Total expenses $703K
15%
Cost to raise $1
Fundraising expense $109K · Solicited contributions $543K
$0.20 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $543K · Total revenue $561K
97%
Government reliance
Government grants — · Total revenue $561K
Earned-income share
Program service revenue $27K · Total revenue $561K
5%
Investment reliance
Investment income $3 · Total revenue $561K
0%
Program self-sufficiency
Program service revenue $27K · Total expenses $703K
4%
Growth & trend
Revenue growth (YoY)
This year $561K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $18K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $561K · Expenses $703K
-25%
Liabilities-to-Assets
Total liabilities — · Total assets $138K
Net-asset ratio
Net assets $18K · Total assets $138K
13%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $138K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Amy Loar · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $66K · Total expenses $703K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $545K · Total expenses $703K
78%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 11%
Fundraising cost ratio 20%
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 · ⤓ 990 PDF
FY2023$485K revenue · ⤓ 990 PDF
FY2022$507K revenue · ⤓ 990 PDF
FY2021$738K revenue · ⤓ 990 PDF
FY2020$561K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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