Generation Now Inc
- Assets
- $2.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jefferson, LA
- Founding
- 06/2002
- Data as of
- 12/2019
- EIN
- 35-2140129
Organization Overview
Generation Now Inc is located in Jefferson, LA. The organization was established in 2002. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Generation Now Inc 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 12/2019, Generation Now Inc generated $54.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $49.6k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (18.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ORGANIZATION SHALL BE FOR TAX EXEMPTION UNDER 501C3 OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS FORMED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND RELIGIOUS PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Northup President | 0 | $0 | |
Kristen Northup Treasurer | 0 | $0 | |
Gary Grogan Officer | 0 | $0 | |
Justin Lathrop Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,842 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,842 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,598 |
| Total expenses | $49,598 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,628 |
| Other assets | $0 |
| Total assets | $2,628 |
| Total liabilities | $24,761 |
| Net assets or fund balances | -$22,133 |