Generation Schools Network Inc
- Assets
- $1.8m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 32
- Location
- Denver, CO
- Founding
- 03/2007
- Data as of
- 06/2022
- EIN
- 76-0783006
Organization Overview
Generation Schools Network Inc is located in Denver, CO. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Generation Schools Network Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Generation Schools Network 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 06/2022, Generation Schools Network Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $3.3m during the year ending 06/2022. While expenses have increased by 11.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
GSN SEEKS TO CO-CREATE HEALTHY SCHOOL ECOSYSTEMS BY PARTNERING WITH EDUCATORS, STUDENTS, FAMILIES AND COMMUNITIES TO ELEVATE THE EDUCATION EXPERIENCE. GENERATION SCHOOLS NETWORKS VISION IS THAT ALL SCHOOLS ARE VIBRANT, INCLUSIVE ECOSYSTEMS THAT ENSURE EVERY STUDENT THRIVES IN SCHOOL, WORK AND LIFE. GSN SPECIFICALLY TARGETS ITS EDUCATION SUPPORTS AND TURNAROUND EFFORTS IN SCHOOLS WHERE IT CAN FOCUS ON CHANGING THE TRAJECTORY FOR TRADITIONALLY MARGINALIZED AND UNDERSERVED STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2021-2022 FISCAL YEAR, GSN SERVED THOUSANDS OF TEACHERS AND STUDENTS IN DOZENS OF DISTRICTS THROUGH PROGRAMS SUCH AS TURNAROUND LEADERSHIP, SOCIAL & EMOTIONAL LEARNING, COLLEGE & CAREER READINESS, LEADERSHIP COACHING, TEACHER RETENTION, EXPELLED & AT-RISK STUDENT SERVICES, AND MORE. STATE-WIDE IMPACT HAS BEEN DRIVEN BY GSNS PARTNERSHIP WITH BOARDS OF COLLABORATIVE EDUCATIONAL SERVICES (BOCES) DISTRICTS ACROSS THE STATE OF COLORADO AND OTHER PARTNERS IN LAUNCHING THE COLORADO RURAL EDUCATION COLLABORATIVE (CREC) IN 2015. THE CREC GREW TO SUPPORT 79 MEMBER DISTRICTS AND REACHED MORE THAN $30 MILLION IN FUNDING (SINCE INCEPTION), TO ADDRESS THE MOST PRESSING PROBLEMS OF PRACTICE IN RURAL DISTRICTS AND COMMUNITIES, IMPROVING ACCESSIBILITY TO RESOURCES AND OFFERING OPPORTUNITIES TO WORK COLLABORATIVELY. LEARN MORE AT CORURALEDCOLLAB.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Spencer Cfo/coo | Officer | 40 | $131,495 |
Wendy Loloff Cooper CEO | Officer | 40 | $122,556 |
Alison Lauge Vp-Dev & Ptrshps | 40 | $110,147 | |
Kirk Banghart VP Fac Of Crec | 40 | $100,157 | |
Dan Streeter Chairperson | OfficerTrustee | 4 | $0 |
Karen Kemerling PHD Treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $358,716 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,412,670 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,771,386 |
| Total Program Service Revenue | $1,630,063 |
| Investment income | $196 |
| 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 | $3,401,745 |
| 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. | $264,000 |
| Compensation of current officers, directors, key employees. | $158,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,392,169 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $166,083 |
| Payroll taxes | $133,754 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $185,340 |
| Advertising and promotion | $0 |
| Office expenses | $7,278 |
| Information technology | $53,756 |
| Royalties | $0 |
| Occupancy | $56,504 |
| Travel | $68,071 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,835 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $640 |
| Insurance | $4,279 |
| All other expenses | $0 |
| Total functional expenses | $3,295,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,283,147 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $69,712 |
| Accounts receivable, net | $328,975 |
| 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 | $164,983 |
| Net Land, buildings, and equipment | $1,014 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,847,831 |
| Accounts payable and accrued expenses | $151,289 |
| Grants payable | $0 |
| Deferred revenue | $499,231 |
| 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 | $0 |
| Total liabilities | $650,520 |
| Net assets without donor restrictions | $713,090 |
| Net assets with donor restrictions | $484,221 |
| 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 | $1,847,831 |