Generation Teach Inc
- Assets
- $2.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 16
- Location
- Boston, MA
- Founding
- 05/2015
- Data as of
- 09/2021
- EIN
- 46-5126839
Organization Overview
Generation Teach Inc is located in Boston, MA. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 09/2021, Generation Teach Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Generation Teach 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 09/2021, Generation Teach Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $2.0m during the year ending 09/2021. While expenses have increased by 6.8% per year over the past 6 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
GENERATION TEACH PARTNERS WITH DISTRICTS TO OFFER SUMMER PROGRAMS TO:(1) ENGAGE MIDDLE-SCHOOL STUDENTS IN SUMMER LEARNING(2) INTRODUCE UNDERGRADUATE AND HIGH-SCHOOL STUDENTS TO TEACHING(3) DEVELOP PROFESSIONAL TEACHERS AS COACHES AND LEADERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERATION TEACH HOSTED 9 COHORTS WITH STUDENTS, FELLOWS AND PROFESSIONAL TEACHERS FROM BOSTON, DENVER, CUMBERLAND, WESTERN MA AND PROVIDENCE. DURING SUMMER 2021, A TOTAL OF 1018 STUDENTS, 246 TEACHING FELLOWS AND 51 PROFESSIONAL TEACHERS WERE SERVED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Zahn CEO And Director | OfficerTrustee | 60 | $176,481 |
Heidi Dotterer Chief Program Officer | Officer | 60 | $99,611 |
Bee Nance Sr Director Of Finance & Talent | Officer | 60 | $96,490 |
Robert Karr Chair And Director | OfficerTrustee | 1 | $0 |
Thackston Lundy Treasurer And Director | OfficerTrustee | 1 | $0 |
Suzanne Karr Director (thru Sept 2021) | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $230,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $883,289 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,113,589 |
| Total Program Service Revenue | $1,382,915 |
| Investment income | $4,790 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,501,294 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $483,041 |
| Compensation of current officers, directors, key employees. | $54,323 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $360,968 |
| Pension plan accruals and contributions | $11,538 |
| Other employee benefits | $60,893 |
| Payroll taxes | $57,110 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,024 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $41,495 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,014,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,640,804 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $407,611 |
| 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 | $42,507 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,090,922 |
| Accounts payable and accrued expenses | $38,133 |
| 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 | $166,665 |
| Other liabilities | $0 |
| Total liabilities | $204,798 |
| Net assets without donor restrictions | $1,886,124 |
| 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 | $2,090,922 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Generation Teach Inc has recieved totaling $505,207.
| Awarding Organization | Amount |
|---|---|
Hollyhock Foundation Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $275,000 |
Barr Foundation Boston, MA PURPOSE: EDUCATION: TO SUPPORT THE SUMMER TEACHING FELLOWSHIP AND PLACEMENT AND SUPPORT FOR ALUMNI IN NEW ENGLAND | $200,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: SUMMER PROGRAMS IN COLORADO | $30,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $207 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |
Hyde Leadership Charter School-Brooklyn Brooklyn, NY | $3,932,564 | $12,878,236 |
Teach Plus Incorporated Boston, MA | $12,001,505 | $12,042,496 |
Onward Israel Internships And Opportunities Ltd New York, NY | $897,895 | $11,379,184 |
Goodwin College Educational Services Inc East Hartford, CT | $19,577 | $10,789,035 |
Education Resource Strategies Inc Watertown, MA | $16,861,900 | $10,099,352 |
Entrepreneurial Ventures In Education Quincy, MA | $4,865,485 | $11,072,937 |
Learning Through An Expanded Arts Program Inc New York, NY | $2,991,832 | $9,986,466 |