Generation U INC EIN 84-1978503 Form 990 (PDF) Claim this org

Generation U INC

Not yet claimed Claim this org →

Provides safe drinking water to everyone in Uganda, Africa. For fiscal year 2025 it reported $229K in revenue, $185K in expenses, and $72K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Health Care
Location
Steamboat Springs, CO
Website
gen-u.org
Filings
4 on file (2022–2025)
Revenue
$229KFY2025
Expenses
$185K
Net assets
$72K
People
4
Filings
4
Updates
0
More identity details & actions ⌄
EIN  84-1978503 Public charity (501(c)(3)) Steamboat Springs, CO Founded 2019
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Generation U INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Provides safe drinking water to everyone in Uganda, Africa.
Leadership
Joel Cobb · President · $15K
Money in and out
$229K revenue, $185K expenses
Bottom line
94% program efficiency
Where the money goes · FY2025
Total revenue
$229K
Pt VIII · Ln 12
Total expenses
$185K
Pt IX · Ln 25
Net assets
$72K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $44K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
4.7mo
months of highly liquid reserves at operating expense rate▲ +683% vs prior filing year
Surplus margin
+19%
revenue over expenses, this year▲ +883% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$229K
FY2025▼ -55%
Expenses
$185K
FY2025▼ -65%
Total assets
$72K
FY2025▲ +160%
Total liabilities
$0
FY2025
Total revenue
$229K
Pt VIII · Ln 12
Total expenses
$185K
Pt IX · Ln 25
Net assets
$72K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$44K
Total assetsPt X · Ln 16$72K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGeneration U INC
EINHdr · item D84-1978503
Principal addressHdr · item CSteamboat Springs, CO
WebsiteHdr · item Jgen-u.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E12)
Ruling yearIRS BMFJun 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
President
$15,225Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Joel Cobb’s $15K as President is at the 9th percentile of top reported officer pay among 1966 $100K–1M health care 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Joel Cobb$15,225$66,437$66,875$77,058

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.

See Generation U INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

2 program services account for $173K of program spending, described in the organization's own filed words · FY2025.
01

Projects organizaton provides opportunities for trips to uganda to install wells. In the current year, 4 people traveled to uganda to build 6 wells. These wells provided 60,000 people with clean water.

$109Kprogram expense
02

Wash sports & hygiene and sanitation team sports, much like water, transcend all barriers, seamlessly blending diverse people into a unified stream of humanity. We leverage sports to mobilize thousands, utilizing the platform to facilitate hygiene education throughout the broader community.

$64Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants113%$260K
Investment income$52
Total revenueLn 12$229K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$173K
Management & general6%$11K
Total functional expensesLn 25$185K

Balance Sheet

Part X · end of year
CashLn 1$72K
Total assetsLn 16$72K
Total liabilitiesLn 26$0
Total net assetsLn 32$72K
Months of cash on handcomputed4.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $72K · Operating expenses/yr $185K
4.7 months
Where the money goes
Program services
Program services $173K · Total expenses $185K
94%
Management & General
Management & general $11K · Total expenses $185K
6%
Fundraising
Fundraising $0 · Total expenses $185K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $345K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $260K · Total revenue $229K
113%
Government reliance
Government grants — · Total revenue $229K
Earned-income share
Program service revenue $0 · Total revenue $229K
0%
Investment reliance
Investment income $52 · Total revenue $229K
+0.02%
Program self-sufficiency
Program service revenue $0 · Total expenses $185K
0%
Growth & trend
Revenue growth (YoY)
This year $229K · Prior year $509K
-55%
Net-asset trend (YoY)
End of year $72K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $229K · Expenses $185K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $72K
Net-asset ratio
Net assets $72K · Total assets $72K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $72K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joel Cobb · Reported title PRESIDENT · Highest reported compensation $15K · Total expenses $185K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $8K · Total expenses $185K
5%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Revenue growth -55%

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 · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 1 grant · $10K · 2024–2024
Unitemized GrantFY2024$10,000

Similar Organizations

Closest in mission — by what they do
See all organizations like Generation U INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$229K revenue · viewing · ⤓ 990 PDF
FY2024$509K revenue · ⤓ 990 PDF
FY2023$310K revenue · ⤓ 990 PDF
FY2022$412K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.