Generatetech
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saraland, AL
- Founding
- 03/2019
- Data as of
- 12/2019
- EIN
- 83-3242952
Organization Overview
Generatetech is located in Saraland, AL. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Generatetech 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, Generatetech generated $40.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $39.9k during the year ending 12/2019. While expenses have increased by 29.4% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
STUDENT INSTRUCTION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grey Gaillard Vice President | 8 | $6,275 | |
Mark Fraser President | 40 | $0 | |
Rachel Morgan Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,050 |
| Total Program Service Revenue | $21,264 |
| Membership dues | $2,150 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,464 |
| 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 | $9,887 |
| Occupancy, rent, utilities, and maintenance | $23,008 |
| Printing, publications, postage, and shipping | $1,347 |
| Other expenses | $5,667 |
| Total expenses | $39,909 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Generatetech has recieved totaling $77.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $77 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hillsborough Education Foundation Inc Tampa, FL | $10,731,665 | $10,065,447 |
North Mississippi Education Consortion University, MS | $2,578,004 | $9,299,460 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
Slam Foundation Inc Miami, FL | $8,480,329 | $6,817,017 |
Grace Christian Academy Of Leipers Fork Franklin, TN | $10,280,279 | $8,867,909 |
Healthmpowers Inc Norcross, GA | $4,830,831 | $6,606,779 |
Manna Cafe Ministries Clarksville, TN | $2,290,772 | $5,669,916 |
Innovative Education Partnership Corporation Maryville, TN | $1,869,912 | $5,283,927 |
Renaissance Learning Center Inc Jupiter, FL | $2,830,246 | $5,315,115 |
South Florida Bible College & Theological Seminary Deerfield Beach, FL | $14,829,232 | $12,057,041 |