Inclusion Nextwork Inc
- Assets
- $141.8k
- Revenue
- $418.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Washington, DC
- Founding
- 02/2018
- Data as of
- 12/2022
- EIN
- 82-4078039
Organization Overview
Inclusion Nextwork Inc, operating under the name IDEAS Generation, is located in Washington, DC. The organization was established in 2018. According to its NTEE Classification (R01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, IDEAS Generation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. IDEAS Generation 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 12/2022, IDEAS Generation generated $418.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 32.0% each year . All expenses for the organization totaled $436.4k during the year ending 12/2022. 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
COCREATE A MORE INCLUSIVE DIVERSE EQUITABLE ACCESSIBLE AND SOCIALLY JUST WORLD
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATE COMMUNITY: IDEAS GENERATION CONNECTS, SUPPORTS, AND ELEVATES THE NEXT GENERATION OF LEADERS COMMITTED TO ADVANCING IDEAS: INCLUSION DIVERSITY, EQUITY, ACCESS, AND SOCIAL JUSTICE THROUGH FACILITATING INTERACTIVE WORKSHOPS, VIRTUAL COMMUNITY CONVERSATIONS, IN-PERSON SUMMITS, AND INTENTIONAL NETWORKING. OUR COMMUNITY BUILDING EFFORTS ARE TARGETED TOWARDS MILLENNIAL AND GEN-Z. IDEAS PRACTITIONERS AND ADVOCATES ACROSS INDUSTRIES, GEOGRAPHIES, AND IDENTITIES WITH THE INTENTION OF ENSURING THAT ALL IDEAS LEADERS HAVE THE COMMUNITY AND RESOURCES THEY NEED TO BE SUCCESSFUL. (REVENUE:$0; EXPENSES: IG STAFF TIME 20%)
GROW NEXT-GEN LEADERS: THROUGH A SERIES OF LEADERSHIP DEVELOPMENT COHORT PROGRAMS SUCH AS THE IDEAS ROUNDTABLES AND THE DREAM IN ME, WE BUILD THE CAPACITY OF EMERGING LEADERS TO CREATE ORGANIZATIONS AND COMMUNITIES WHERE INCLUSION, DIVERSITY, EQUITY, ACCESS, AND SOCIAL JUSTICE ARE EMBEDDED VALUES TO ENSURE THAT EVERYONE CAN THRIVE. (REVENUE: 60,009.22; EXPENSES: IG STAFF TIME; 30%)
CULTIVATE IDEAS-CENTERED ORGANIZATIONS: WE USE AN INNOVATIVE NEXT-GEN TEAM MODEL TO PARTNER WITH ORGANIZATIONS ON HOLISTICALLY EMBEDDING IDEAS PRINCIPLES INTO THEIR WORKPLACES, CULTURES, PROGRAMS, AND PROCESSES. (REVENUE: 349,929; EXPENSES: $42,564 + IG STAFF TIME; 50%)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Egol Executive Director | OfficerTrustee | 40 | $85,300 |
Kimberly Walker Board Chair | OfficerTrustee | 2 | $0 |
Elizabeth Ramey Vice Chair | OfficerTrustee | 2 | $0 |
Richard Eisenberg Secretary | OfficerTrustee | 2 | $0 |
Daisy Rosales Treasurer | OfficerTrustee | 2 | $0 |
Janice Chan Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,609 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,609 |
| Total Program Service Revenue | $362,329 |
| 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 | $418,419 |
| 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. | $85,300 |
| Compensation of current officers, directors, key employees. | $8,530 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $158,206 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,141 |
| Payroll taxes | $78,389 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,590 |
| 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 | $279 |
| Information technology | $6,076 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,755 |
| 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 | $436,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,361 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,393 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $141,754 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $141,754 |
| 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 | $141,754 |