Generations Ahead
- Assets
- $352.7k
- Revenue
- $412.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Traverse City, MI
- Founding
- Data as of
- 12/2023
- EIN
- 84-4266286
Organization Overview
Generations Ahead is located in Traverse City, MI. According to its NTEE Classification (P45) the organization is classified as: Family Services for Adolescent Parents, under the broad grouping of Human Services and related organizations. As of 12/2023, Generations Ahead employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Generations Ahead 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 12/2023, Generations Ahead generated $412.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $354.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERS YOUNG PARENTS TO BECOME RESILIENT BY BUILDING POSITIVE RELATIONSHIPS, STRENGTHENING FAMILY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SERVICES FREE OF CHARGE TO TEEN AND YOUNG ADULT PARENTS (MOTHERS AND FATHERS) LIVING IN THE GRAND TRAVERSE REGION. SERVICES PROVIDED INCLUDE: MENTORING, HOME VISITS, MENTAL HEALTH THERAPY, WEEKLY PARENTING EDUCATION, SUPPORT GROUPS AND FAMILY ACTIVITIES, MATERNITY AND BABY SUPPLIES. THE GOALS OF GENERATIONS AHEAD INCLUDE EMPOWERING YOUNG PARENTS TO COMPLETE HIGH SCHOOL, PURSUE POST-SECONDARY JOB TRAINING OR EDUCATION, INCREASE THEIR FAMILY RESILIENCE, AND DEVELP HEALTHY RELATIOSHIPS WITH THEIR CHILDREN AND LARGER FAMILY. IN 2022, WE HELPED 60 FAMILIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marjorie Rich Executive Di | Officer | 40 | $79,725 |
Brianna Bailey Director | Trustee | $0 | |
Lauren Flynn Director | Trustee | $0 | |
Sara Wycoff Mccauley Director | Trustee | $0 | |
Rev Homer Nye Director | Trustee | $0 | |
Miaya Running Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,535 |
| All other contributions, gifts, grants, and similar amounts not included above | $337,975 |
| Noncash contributions included in lines 1a–1f | $48,019 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $410,510 |
| Total Program Service Revenue | $703 |
| Investment income | $1,056 |
| 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 | $412,269 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $221,404 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,428 |
| Payroll taxes | $18,286 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,922 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,800 |
| Advertising and promotion | $5,102 |
| Office expenses | $6,890 |
| Information technology | $3,527 |
| Royalties | $0 |
| Occupancy | $22,200 |
| Travel | $1,705 |
| 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 | $1,744 |
| All other expenses | $2,655 |
| Total functional expenses | $354,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $301,620 |
| Savings and temporary cash investments | $51,057 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $352,677 |
| Accounts payable and accrued expenses | $780 |
| 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 | $780 |
| Net assets without donor restrictions | $351,897 |
| 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 | $352,677 |