Form 990 for tax year 2023

1e · Government grants (contributions)

$14,499,086

1f · All other contributions, gifts and grants

$3,013,969

2a · Program service revenue: Contractual - Schools

total $2,932,874 · related or exempt $2,932,874

3 · Investment income

total $284,545 · excluded $284,545

2 · Grants to domestic individuals

total $1,752,355 · program services $1,752,355

5 · Compensation of officers, directors and key employees

total $150,166 · program services $134,977 · management and general $13,998 · fundraising $1,191

7 · Other salaries and wages

total $12,146,291 · program services $10,882,961 · management and general $1,164,781 · fundraising $98,549

8 · Pension plan contributions

total $241,748 · program services $223,549 · management and general $16,606 · fundraising $1,593

9 · Other employee benefits

total $2,063,262 · program services $1,856,529 · management and general $192,400 · fundraising $14,333

10 · Payroll taxes

total $865,594 · program services $804,595 · management and general $53,999 · fundraising $7,000

11b · Fees: legal

total $4,376 · management and general $4,376

11g · Fees: other

total $153,149 · program services $10,462 · management and general $136,302 · fundraising $6,385

12 · Advertising and promotion

total $170,125 · program services $98,281 · management and general $1,019 · fundraising $70,825

13 · Office expenses

total $8,193 · management and general $8,193

14 · Information technology

total $252,114 · program services $185,473 · management and general $63,785 · fundraising $2,856

16 · Occupancy

total $82,402 · management and general $82,402

17 · Travel

total $150,905 · program services $129,894 · management and general $18,389 · fundraising $2,622

19 · Conferences, conventions and meetings

total $121,184 · program services $120,768 · fundraising $416

22 · Depreciation, depletion and amortization

total $36,395 · management and general $36,395

23 · Insurance

total $40,741 · program services $735 · management and general $40,006

24a · Other expenses: Grant Subcontracts

total $603,268 · program services $591,187 · management and general $12,081

24b · Other expenses: Training & Development

total $314,670 · program services $261,707 · management and general $47,674 · fundraising $5,289

24c · Other expenses: Contributed Facility

total $73,303 · management and general $73,303

24d · Other expenses: Supplies

total $30,420 · program services $25,146 · management and general $5,007 · fundraising $267

24e · All other expenses

total $4,804 · management and general $4,804

1 · Cash, non-interest-bearing

beginning of year $3,533,394 · end of year $5,672,268

2 · Savings and temporary cash investments

beginning of year $1,830,083 · end of year $0

3 · Pledges and grants receivable

beginning of year $436,646 · end of year $376,837

4 · Accounts receivable

beginning of year $2,859,907 · end of year $1,570,505

9 · Prepaid expenses and deferred charges

beginning of year $23,991 · end of year $151

10a · Land, buildings and equipment: cost or other basis

$307,999

10b · Land, buildings and equipment: accumulated depreciation

$133,875

10c · Land, buildings and equipment, net

beginning of year $177,669 · end of year $174,124

11 · Investments: publicly traded securities

beginning of year $8,702,489 · end of year $10,262,780

17 · Accounts payable and accrued expenses

beginning of year $805,160 · end of year $1,074,458

19 · Deferred revenue

beginning of year $324,500 · end of year $189,000

25 · Other liabilities

beginning of year $2,664,582 · end of year $1,461,522

27 · Net assets without donor restrictions

beginning of year $9,236,664 · end of year $10,085,289

28 · Net assets with donor restrictions

beginning of year $4,533,273 · end of year $5,246,396

Generation Maine

C · Education Consulting · ME