Generation Serve
- Assets
- $275.6k
- Revenue
- $738.1k
- Investments
- $0.0
- Employees
- 9
- Location
- Austin, TX
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 27-0452295
Organization Overview
Generation Serve is located in Austin, TX. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Generation Serve employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Generation Serve is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Generation Serve generated $738.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $498.8k during the year ending 12/2021. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE CHILDREN IN VOLUNTEERISM AND EMPOWER THEM TO MAKE A DIFFERENCE IN THEIR COMMUNITIES, CREATING GENERATIONS OF YOUTH WHO DEVELOP INTO COMMUNITY-MINDED LEADERS THROUGH FAMILY VOLUNTEERING, SERVICE LEARNING, AND YOUTH LEADERSHIP PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY VOLUNTEERING: 1,381 CHILDREN PROVIDED 7,432.75 VOLUNTEER HOURS TO 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. PARENTS AND CHILDREN ENGAGE IN MEANINGFUL CONVERSATIONS ABOUT THEIR SERVICE.
TEEN LEADERSHIP: OUR 2021 TEEN LEADERSHIP PROGRAM WAS OVER 80% VIRTUAL IN 2021 WITH 120 YOUTH PARTICIPATING IN AUSTIN AND HOUSTON. TEENS MENTORED YOUNGER PARTICIPANTS WHO WORKED ON INDEPENDENT SERVICE PROJECTS TO BENEFIT THE COMMUNITY. OUR TEEN ADVISORY BOARD PROVIDED 63 SERVICE DAYS FOR 156 TEENAGERS FOR 1,986 HOURS IN SUPPORT OF 27 NONPROFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Sarkar Executive Director | Officer | 40 | $49,438 |
Brad Neff Treasurer | OfficerTrustee | 6 | $0 |
Mary K Gershon Secretary | OfficerTrustee | 6 | $0 |
Erin Dandrea Board President | OfficerTrustee | 6 | $0 |
Jeff Hobbs Immediate Past Board President | OfficerTrustee | 6 | $0 |
Brooke Freeland Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $211,566 |
| All other contributions, gifts, grants, and similar amounts not included above | $518,857 |
| Noncash contributions included in lines 1a–1f | $150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $730,423 |
| Total Program Service Revenue | $26,195 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$18,806 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $738,055 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $49,438 |
| Compensation of current officers, directors, key employees. | $1,569 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $247,012 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,458 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $28,724 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,810 |
| Advertising and promotion | $4,146 |
| Office expenses | $5,152 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,067 |
| Travel | $942 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $974 |
| Insurance | $5,823 |
| All other expenses | $960 |
| Total functional expenses | $498,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $212,734 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $41,883 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,034 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,989 |
| Total assets | $275,640 |
| Accounts payable and accrued expenses | $2,577 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,234 |
| Total liabilities | $18,811 |
| Net assets without donor restrictions | $256,829 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $275,640 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Generation Serve has recieved totaling $63,018.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: HUMAN SERVICES | $35,000 |
Overstreet Foundation Austin, TX PURPOSE: TO ENCOURAGE PHILANTHROPHY IN TRAVIS COUNTRY | $10,000 |
Junior League Of Austin Austin, TX PURPOSE: TO SUPPORT DEVELOPING GENERATIONS OF COMMUNITY-MINDED LEADERS AND CITIZENS THROUGH FAMILY VOLUNTEERING, SERVICE LEARNING, AND YOUTH LEADERSHIP PROGRAMS. | $9,000 |
Austin Community Foundation Austin, TX PURPOSE: UNRESTRICTED | $5,918 |
Chantal And Tommy Bagwell Foundation Inc Cumming, GA PURPOSE: GENERAL FUND | $2,500 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Firstline Schools Inc New Orleans, LA | $25,158,781 | $60,437,770 |
Education Service Center Region Xii Of Texas Waco, TX | $21,686,581 | $37,093,935 |
New Meridian Corporation Austin, TX | $22,335,966 | $20,374,244 |
Belle Chasse Academy Inc Belle Chasse, LA | $29,416,847 | $17,545,847 |
Village Tech Schools Duncanville, TX | $32,290,922 | $14,785,373 |
Bexar County Performing Arts Center Foundation San Antonio, TX | $183,646,136 | $8,087,390 |
Leading Educators Inc New Orleans, LA | $10,160,201 | $9,461,961 |
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
Evolution Acadamy Richardson, TX | $15,542,643 | $6,925,248 |