Generations Incorporation
EIN: 411381175 · Luverne, MN · NTEE: P81
| Metric | Value |
|---|---|
| Total Revenue | $127K |
| Total Expenses | $92K |
| Net Assets | $1.4M |
Is Generations Incorporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Generations Incorporation
Generations Incorporation (EIN: 411381175) is a nonprofit organization based in Luverne, MN, classified under NTEE code P81. The organization reported total revenue of $127K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Generations Incorporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Generations Incorporation is a small nonprofit that has been operating for 46 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -37.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $274K |
| Total Expenses | $92K |
| Surplus / Deficit | +$182K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 66.4% |
| Months of Reserves | 186.4 months |
Financial Health Grade: A
In 2023, Generations Incorporation reported a surplus of $182K with revenue exceeding expenses, holds 186.4 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Generations Incorporation's revenue has declined at a compound annual growth rate (CAGR) of -37.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.8% | -27.0% | -1.3% |
| 2022 | -32.9% | +15.7% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Generations Incorporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Generations Incorporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $182K, with revenue exceeding expenses.
Frequently Asked Questions about Generations Incorporation
Is Generations Incorporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Generations Incorporation (EIN: 411381175) insufficient data. 0 red flags identified, 0 strengths noted.
How does Generations Incorporation spend its money?
Detailed spending breakdown data is not yet available for Generations Incorporation. Check back for updated IRS 990 analysis.
Are donations to Generations Incorporation tax-deductible?
Generations Incorporation is registered as a tax-exempt nonprofit (EIN: 411381175). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Generations Incorporation located?
Generations Incorporation is headquartered in Luverne, Minnesota and files with the IRS under EIN 411381175. It is classified under NTEE code P81.
How many years of IRS 990 filings does Generations Incorporation have?
Generations Incorporation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $127K in total revenue.
Filing History
IRS 990 filing history for Generations Incorporation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Generations Incorporation's revenue has declined by 61%, moving from $703K to $274K. Total assets increased by 3.4% over the same period, from $1.4M to $1.4M. Total functional expenses fell by 15.6%, from $109K to $92K. In its most recent filing year (2023), Generations Incorporation reported a surplus of $182K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $274K | $92K | $1.4M | $0 | — | — |
| 2022 | $471K | $126K | $1.4M | $201K | — | View 990 |
| 2021 | $703K | $109K | $1.4M | $480K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $274K, expenses of $92K, and assets of $1.4M (revenue -41.8% year-over-year).
- 2022: Revenue of $471K, expenses of $126K, and assets of $1.4M (revenue -32.9% year-over-year).
- 2021: Revenue of $703K, expenses of $109K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Generations Incorporation:
Data Sources and Methodology
This transparency report for Generations Incorporation 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.