Totals
- Total revenue
- $3,835,301
- Total expenses
- $3,401,782
- Contributions and grants received
- $546,855
- Grants paid
- $0
- Program service revenue
- $3,288,446
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $179,221
- Total liabilities, end of year
- $1,344,128
- Net assets or fund balances, end of year
- -$1,164,907
- Program services expenses (Part IX)
- $2,542,832
- Management and general expenses
- $756,965
- Fundraising expenses
- $101,985
- Program service expenses (Part III)
- $2,542,832
Program services were 74.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$546,855
-
2a · Program service revenue: MEMBERSHIP PROGRAM
total $2,888,656 · related or exempt $2,888,656
-
2b · Program service revenue: RETREAT EVENTS
total $399,790 · related or exempt $399,790
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $219,423 · program services $153,596 · management and general $65,827
-
7 · Other salaries and wages
total $1,337,147 · program services $1,065,757 · management and general $212,830 · fundraising $58,560
-
9 · Other employee benefits
total $92,532 · program services $73,752 · management and general $14,728 · fundraising $4,052
-
10 · Payroll taxes
total $147,425 · program services $115,529 · management and general $26,415 · fundraising $5,481
-
11a · Fees: management
total $153,736 · program services $92,242 · management and general $30,747 · fundraising $30,747
-
11b · Fees: legal
total $30,217 · management and general $30,217
-
11g · Fees: other
total $163,996 · program services $149,196 · management and general $14,800
-
12 · Advertising and promotion
total $38,849 · program services $38,839 · management and general $10
-
13 · Office expenses
total $161,005 · management and general $161,005
-
14 · Information technology
total $102,371 · management and general $102,371
-
17 · Travel
total $67,073 · program services $61,920 · management and general $3,952 · fundraising $1,201
-
19 · Conferences, conventions and meetings
total $272,003 · program services $272,003
-
22 · Depreciation, depletion and amortization
total $12,562 · management and general $12,562
-
24a · Other expenses: RETREATS
total $443,510 · program services $443,510
-
24b · Other expenses: TEAM DEVELOPMENT
total $78,638 · management and general $78,638
-
24c · Other expenses: FOUNDERS CIRCLE RETREAT
total $58,994 · program services $58,994
-
24d · Other expenses: LEADERSHIP PROGRAM COST
total $19,438 · program services $17,494 · fundraising $1,944
-
24e · All other expenses
total $2,863 · management and general $2,863
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $256,257 · end of year $75,982
-
2 · Savings and temporary cash investments
beginning of year $109 · end of year $109
-
4 · Accounts receivable
beginning of year $117,525 · end of year $61,498
-
9 · Prepaid expenses and deferred charges
beginning of year $53,500 · end of year $33,500
-
10a · Land, buildings and equipment: cost or other basis
$164,601
-
10b · Land, buildings and equipment: accumulated depreciation
$156,469
-
10c · Land, buildings and equipment, net
beginning of year $15,169 · end of year $8,132
-
17 · Accounts payable and accrued expenses
beginning of year $147,175 · end of year $173,656
-
19 · Deferred revenue
beginning of year $1,608,700 · end of year $1,019,833
-
25 · Other liabilities
beginning of year $285,111 · end of year $150,639
-
27 · Net assets without donor restrictions
beginning of year -$1,598,426 · end of year -$1,164,907
Mission and programs · 2022
Mission
AN ORGANIZATION OF SUCCESSFUL INDIVIDUALS DEDICATED TO UNDERSTANDING ABOUT AND BECOMING ENGAGED WITH THE MOST PRESSING CHALLENGES FACING FUTURE GENERATIONS.
Activities or mission (Part I)
AN ORGANIZATION OF SUCCESSFUL INDIVIDUALS DEDICATED TO LEARNING ABOUT AND BECOMING ENGAGED WITH THE MOST PRESSING CHALLENGES FACING FUTURE GENERATIONS.
-
THE MEMBERSHIP PROGRAM IS DEDICATED TO TEACHING SUCCESSFUL INDIVIDUALS ON HOW TO BECOME MORE ENGAGED WITH THE MOST PRESSING CHALLENGES FACING FUTURE GENERATIONS. THE AREAS OF FOCUS FOR THE ORGANIZATION ARE GENERATIONAL LEADERSHIP, EDUCATION, ECONOMIC GROWTH, AND GLOBAL SECURITY.
Expenses $1,629,388 · Revenue $2,888,656
-
REGIONAL PROGRAMS AND LEADERSHIP SUMMITS ARE OPPORTUNITIES FOR MEMBERS TO MEET WITH PUBLIC OFFICIALS, HEADS OF THINK TANKS, STATE LEGISLATURES, AND MORE TO DISCUSS ISSUES THAT ARE RELEVANT TO FURTHERING THE MISSION OF GEN NEXT AND ITS MEMBERS.
Expenses $913,444 · Revenue $399,790
-
INTERNATIONAL PROGRAM IS DESIGNED TO EXPOSE AMERICAN LEADERS AND ENTREPRENEURS TO LEADERSHIP IN VARIOUS PARTS OF THE WORLD. THE ORGANIZATION WAS UNABLE TO TRAVEL DURING FISCAL YEAR 2022.
As filed on the 2022 return.
Listed in Part VII
-
Paul MakarechianPAUL MAKARECHIAN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
John RydellJOHN RYDELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Brian FergusonBRIAN FERGUSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin DunlapKEVIN DUNLAP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lori Otto PunkeLORI OTTO PUNKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael DavidsonMICHAEL DAVIDSON
CEO
- Total calculated
- $0
- Hours/week
- 45
-
Carl SeletzCARL SELETZ
PRESIDENT
- Total calculated
- $219,423
- From this org
- $219,423
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $219,423
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $219,423
-
Jenielle AlonsoJENIELLE ALONSO
EDITORIAL AND BRAND DIRECTORS
- Total calculated
- $185,000
- From this org
- $185,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $185,000
-
Kim DeallenKIM DEALLEN
HEAD OF PEOPLE EMPOWERMENT
- Total calculated
- $139,667
- From this org
- $135,833
- From related orgs
- $0
- Other
- $3,834
- Hours/week
- 40
-
Theodore Hennes IIITHEODORE HENNES III
VP OPERATIONS
- Total calculated
- $122,167
- From this org
- $118,333
- From related orgs
- $0
- Other
- $3,834
- Hours/week
- 40
-
Stephanie BeckmanSTEPHANIE BECKMAN
SENIOR DIRECTOR OF MEMBERSHIP
- Total calculated
- $116,405
- From this org
- $116,042
- From related orgs
- $0
- Other
- $363
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322899349301817
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.