Generation West Virginia Inc
- Assets
- $614.5k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 15
- Location
- Charleston, WV
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-3004556
Organization Overview
Generation West Virginia Inc is located in Charleston, WV. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Generation West Virginia Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Generation West Virginia 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 12/2021, Generation West Virginia Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.4% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. 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 WEST VIRGINIA IS THE STATEWIDE ORGANIZATION DEDICATED TO ATTRACTING, RETAINING AND ADVANCING YOUNG TALENT IN THE MOUNTAIN STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERATION WEST VIRGINIA ATTRACTS, RETAINS, AND ADVANCES YOUNG PEOPLE IN WEST VIRGINIA THROUGH WORKFORCE AND ECONOMIC DEVELOPMENT PROGRAMS, AS WELL AS THROUGH BROADER INITIATIVES THAT HELP MAKE WEST VIRGINIA A BETTER PLACE TO LIVE AND WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalie Roper Past Executive Director | Officer | 40 | $48,501 |
Alex Weld Executive Director | Officer | 40 | $20,242 |
Jade Irving Vice Chair | OfficerTrustee | 1 | $0 |
Monika Eckard Past Chair | OfficerTrustee | 1 | $0 |
Anna Adkins Chair | OfficerTrustee | 1 | $0 |
Jay Williams Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,901 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,285,073 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,299,974 |
| Total Program Service Revenue | $18,000 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,317,974 |
| 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. | $77,457 |
| Compensation of current officers, directors, key employees. | $370 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $491,792 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $90,473 |
| Payroll taxes | $50,341 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $377,186 |
| Advertising and promotion | $0 |
| Office expenses | $8,604 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,065 |
| Travel | $36,864 |
| 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 | $3,248 |
| All other expenses | $236 |
| Total functional expenses | $1,195,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $599,179 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,500 |
| 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 | $10,821 |
| 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 | $614,500 |
| Accounts payable and accrued expenses | $17,024 |
| Grants payable | $0 |
| Deferred revenue | $421,047 |
| 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 | $18,120 |
| Total liabilities | $456,191 |
| Net assets without donor restrictions | $158,309 |
| 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 | $614,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Generation West Virginia Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Fred And Mary Godley Family Foundation Charlottesville, VA PURPOSE: GENERAL | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Directions For Youth & Families Inc Columbus, OH | $17,494,170 | $7,448,441 |
Youth Intensive Services Youngstown, OH | $5,192,901 | $8,719,179 |
Catholic Youth Summer Camp Inc Centerburg, OH | $24,885,717 | $8,487,345 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Breakfree Education Columbia, MD | $2,710,082 | $3,378,734 |
Us Dream Academy Inc Silver Spring, MD | $1,470,975 | $3,095,850 |
Gwens Girls Incorporated Pittsburgh, PA | $4,688,036 | $4,701,406 |
The Philadelphia Education Fund Philadelphia, PA | $9,790,760 | $3,554,527 |
Federation Of Neighborhood Centers Inc Philadelphia, PA | $1,729,927 | $3,084,929 |
Skillsusa Foundation Inc Leesburg, VA | $0 | $2,681,875 |
Youth Enrichment Programs Philadelphia, PA | $1,767,066 | $2,866,479 |