Generation One
Generation One shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 208442170 · Houston, TX · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.7M |
| Transparency Score | 90/100 |
Is Generation One Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Generation One directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Generation One
Generation One (EIN: 208442170) is a nonprofit organization based in Houston, TX, classified under NTEE code P20. The organization reported total revenue of $2.3M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Generation One's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Generation One is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$89K |
| Total Assets | $2.4M |
| Total Liabilities | $708K |
| Net Assets | $1.7M |
| Operating Margin | 3.9% |
| Debt-to-Asset Ratio | 29.6% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Generation One reported a surplus of $89K with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 29.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Generation One's revenue has grown at a compound annual growth rate (CAGR) of 12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.0% | +49.4% | +6.4% |
| 2022 | +29.8% | +10.4% | +13.7% |
| 2021 | +16.2% | +11.3% | +25.4% |
| 2020 | +31.8% | +15.7% | +9.9% |
| 2019 | -20.3% | +3.7% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2007 |
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 Generation One with a Mission Score of 90 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Generation One allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $89K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with over $2 million in annual revenue. This suggests either a fully volunteer executive team or compensation structured in a way that is not classified as 'officer compensation' on the 990 form, which warrants further investigation for complete transparency.
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 Generation One's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
The following positive indicators were identified for Generation One:
- Consistent revenue growth, more than doubling from 2019 to 2023.
- Strong asset accumulation, with assets significantly exceeding liabilities.
- Positive net asset position, indicating financial health and sustainability.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Generation One
Is Generation One a legitimate charity?
Generation One (EIN: 208442170) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Generation One spend its money?
Generation One directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Generation One tax-deductible?
Generation One is registered as a tax-exempt nonprofit (EIN: 208442170). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Generation One CEO make?
Generation One's highest-compensated officer earns $2 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Generation One's spending goes to programs?
Generation One directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Generation One compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Generation One 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 Generation One located?
Generation One is headquartered in Houston, Texas and files with the IRS under EIN 208442170. It is classified under NTEE code P20.
How many years of IRS 990 filings does Generation One have?
Generation One has 13 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 $2.3M in total revenue.
Is Generation One a good charity?
Based on the provided financial data, Generation One appears to be a financially healthy and well-managed organization with consistent revenue growth, strong asset accumulation, and no reported officer compensation. These factors generally indicate a good charity, though a detailed functional expense breakdown would provide a more complete picture of spending efficiency.
How has Generation One's revenue grown over time?
Generation One has shown significant revenue growth, increasing from $1,072,069 in 2019 to $2,301,686 in 2023, more than doubling its revenue in four years.
What is Generation One's financial stability?
Generation One demonstrates strong financial stability, with assets consistently exceeding liabilities. In 2023, assets were $2,393,120 against liabilities of $708,002, indicating a healthy net asset position.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It could mean that executive leadership is entirely volunteer-based, or their compensation is categorized differently on the 990, such as through independent contractor fees or other staff salaries, which would require reviewing the full 990 for clarification.
Filing History
IRS 990 filing history for Generation One showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Generation One's revenue has grown by 325.4%, moving from $541K to $2.3M. Total assets increased by 1959% over the same period, from $116K to $2.4M. Total functional expenses rose by 336.1%, from $507K to $2.2M. In its most recent filing year (2023), Generation One reported a surplus of $89K, with revenue exceeding expenses. The organization holds $708K in liabilities against $2.4M in assets (debt-to-asset ratio: 29.6%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.2M | $2.4M | $708K | — | — |
| 2022 | $2.1M | $1.5M | $2.2M | $679K | — | View 990 |
| 2021 | $1.6M | $1.3M | $2.0M | $792K | — | View 990 |
| 2020 | $1.4M | $1.2M | $1.6M | $954K | — | View 990 |
| 2019 | $1.1M | $1.0M | $1.4M | $1.0M | — | View 990 |
| 2018 | $1.3M | $1.0M | $1.4M | $1.1M | — | View 990 |
| 2017 | $843K | $1.1M | $239K | $208K | — | View 990 |
| 2016 | $904K | $1.2M | $474K | $207K | — | View 990 |
| 2015 | $1.2M | $933K | $594K | $777 | — | View 990 |
| 2014 | $1.5M | $1.2M | $592K | $34K | — | View 990 |
| 2013 | $937K | $897K | $186K | $12K | — | View 990 |
| 2012 | $390K | $363K | $181K | $46K | — | View 990 |
| 2011 | $541K | $507K | $116K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.2M, and assets of $2.4M (revenue +8.0% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.5M, and assets of $2.2M (revenue +29.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.3M, and assets of $2.0M (revenue +16.2% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.2M, and assets of $1.6M (revenue +31.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $1.4M (revenue -20.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.0M, and assets of $1.4M (revenue +59.7% year-over-year).
- 2017: Revenue of $843K, expenses of $1.1M, and assets of $239K (revenue -6.8% year-over-year).
- 2016: Revenue of $904K, expenses of $1.2M, and assets of $474K (revenue -22.1% year-over-year).
- 2015: Revenue of $1.2M, expenses of $933K, and assets of $594K (revenue -24.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.2M, and assets of $592K (revenue +63.9% year-over-year).
- 2013: Revenue of $937K, expenses of $897K, and assets of $186K (revenue +140.2% year-over-year).
- 2012: Revenue of $390K, expenses of $363K, and assets of $181K (revenue -27.9% year-over-year).
- 2011: Revenue of $541K, expenses of $507K, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Generation One:
Data Sources and Methodology
This transparency report for Generation One 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.