For Generations Inc
For Generations Inc faces significant revenue decline and operates at a deficit in its latest fiscal year.
EIN: 205836480 · Edmond, OK · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12K |
| Total Expenses | $185K |
| Program Spending | 80% |
| Net Assets | $117K |
| Transparency Score | 70/100 |
Is For Generations Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
For Generations Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About For Generations Inc
For Generations Inc (EIN: 205836480) is a nonprofit organization based in Edmond, OK, classified under NTEE code P20. The organization reported total revenue of $12K and total assets of $120K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of For Generations Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
For Generations Inc is a micro nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 235.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $180K |
| Total Expenses | $185K |
| Surplus / Deficit | $-5,196 |
| Total Assets | $117K |
| Total Liabilities | $1 |
| Net Assets | $117K |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 7.6 months |
Financial Health Grade: B
In 2023, For Generations Inc reported a deficit of $5K with expenses exceeding revenue, holds 7.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2013–2023), For Generations Inc's revenue has grown at a compound annual growth rate (CAGR) of 235.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -70.5% | -69.4% | -4.2% |
| 2022 | -10.0% | -8.1% | +4.5% |
| 2021 | -17.3% | -22.3% | +20.8% |
| 2020 | +51.1% | +39.4% | -21.6% |
| 2019 | +54197000.0% | — | +22.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates For Generations Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, For Generations Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
For Generations Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly favorable for direct mission spending.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of For Generations Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, particularly the sharp drop from $609,247 in 2022 to $179,860 in 2023.
- Expenses ($185,056) exceeded revenue ($179,860) in the latest fiscal period (2023), indicating an operating deficit.
- Consistent decline in revenue since 2020 ($818,770) to the latest filing ($179,860), raising concerns about financial sustainability.
Strengths
The following positive indicators were identified for For Generations Inc:
- Consistent reporting of 0% officer compensation, indicating all funds are directed away from executive salaries.
- Minimal liabilities across all reported periods, suggesting a fiscally conservative approach to debt.
- Stable asset base (around $117,000-$123,000) despite revenue fluctuations, indicating some financial resilience.
Frequently Asked Questions about For Generations Inc
Is For Generations Inc a legitimate charity?
For Generations Inc (EIN: 205836480) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 70/100. It has 8 years of IRS 990 filings on record. Total revenue: $12K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does For Generations Inc spend its money?
For Generations Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to For Generations Inc tax-deductible?
For Generations Inc is registered as a tax-exempt nonprofit (EIN: 205836480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of For Generations Inc's spending goes to programs?
For Generations Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does For Generations Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), For Generations Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is For Generations Inc located?
For Generations Inc is headquartered in Edmond, Oklahoma and files with the IRS under EIN 205836480. It is classified under NTEE code P20.
How many years of IRS 990 filings does For Generations Inc have?
For Generations Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $12K in total revenue.
What caused the drastic revenue drop from $609,247 in 2022 to $179,860 in 2023?
The provided IRS 990 data does not specify the reasons for this significant decline in revenue, but it is a critical area for further investigation into the organization's funding sources and operational changes.
How does For Generations Inc cover its expenses when revenue is less than expenses, as seen in 2023?
In 2023, expenses ($185,056) exceeded revenue ($179,860). This deficit would typically be covered by drawing from accumulated assets or reserves. The organization's assets remained relatively stable, suggesting it might have used prior year surpluses or other unrestricted funds.
What are the specific program activities and their associated costs, given the NTEE code P20?
The NTEE code P20 indicates a focus on International, Foreign Affairs & National Security. However, the provided financial summary does not detail specific program activities or their individual costs, making it difficult to assess program effectiveness or reach.
Filing History
IRS 990 filing history for For Generations Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), For Generations Inc's revenue has grown by 17985900%, moving from $1 to $180K. Total assets increased by 15.8% over the same period, from $101K to $117K. In its most recent filing year (2023), For Generations Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $117K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $117K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $180K | $185K | $117K | $1 | — | View 990 |
| 2022 | $609K | $604K | $123K | $1 | — | View 990 |
| 2021 | $677K | $657K | $117K | $1 | — | View 990 |
| 2020 | $819K | $846K | $97K | $1 | — | — |
| 2019 | $542K | $606K | $124K | $1 | — | View 990 |
| 2015 | $1 | $0 | $101K | $0 | — | — |
| 2014 | $1 | $0 | $101K | $0 | — | — |
| 2013 | $1 | $0 | $101K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $180K, expenses of $185K, and assets of $117K (revenue -70.5% year-over-year).
- 2022: Revenue of $609K, expenses of $604K, and assets of $123K (revenue -10.0% year-over-year).
- 2021: Revenue of $677K, expenses of $657K, and assets of $117K (revenue -17.3% year-over-year).
- 2020: Revenue of $819K, expenses of $846K, and assets of $97K (revenue +51.1% year-over-year).
- 2019: Revenue of $542K, expenses of $606K, and assets of $124K (revenue +54197000.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $101K (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $101K (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for For Generations Inc:
Data Sources and Methodology
This transparency report for For Generations Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.