Totals
- Total revenue
- $5,750,108
- Total expenses
- $5,921,039
- Contributions and grants received
- $5,363,659
- Grants paid
- $2,092,915
- Program service revenue
- $126,750
- Investment income
- $259,281
- Other revenue
- $418
- Total assets, end of year
- $8,892,626
- Total liabilities, end of year
- $728,803
- Net assets or fund balances, end of year
- $8,163,823
- Program services expenses (Part IX)
- $4,880,025
- Management and general expenses
- $578,500
- Fundraising expenses
- $462,514
- Program service expenses (Part III)
- $4,880,025
Program services were 82.4% 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.
-
1b · Membership dues
$5,000
-
1f · All other contributions, gifts and grants
$5,358,659
-
2a · Program service revenue: CONTRACT FEES FOR SERVICE
total $92,250 · related or exempt $92,250
-
2b · Program service revenue: HONORARIA, CONSULTING ETC
total $34,500 · related or exempt $34,500
-
3 · Investment income
total $259,281 · excluded $259,281
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $418 · excluded $418
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: OTHER INCOME
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,053,415 · program services $2,053,415
-
2 · Grants to domestic individuals
total $39,500 · program services $39,500
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $558,332 · program services $501,832 · fundraising $56,500
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,885,410 · program services $1,254,586 · management and general $351,736 · fundraising $279,088
-
8 · Pension plan contributions
total $113,028 · program services $82,850 · management and general $16,585 · fundraising $13,593
-
9 · Other employee benefits
total $290,010 · program services $213,145 · management and general $30,784 · fundraising $46,081
-
10 · Payroll taxes
total $197,274 · program services $139,519 · management and general $30,747 · fundraising $27,008
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $425,881 · program services $362,634 · management and general $45,639 · fundraising $17,608
-
12 · Advertising and promotion
total $590 · program services $590
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $34,251 · program services $23,723 · management and general $5,634 · fundraising $4,894
-
17 · Travel
total $96,429 · program services $88,382 · management and general $1,721 · fundraising $6,326
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $69,969 · program services $3,685 · management and general $66,104 · fundraising $180
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $11,473 · program services $5,304 · management and general $5,075 · fundraising $1,094
-
24a · Other expenses: Printing and Publications
total $62,787 · program services $53,780 · management and general $5,427 · fundraising $3,580
-
24b · Other expenses: STAFF DEVELOPMENT
total $40,753 · program services $30,474 · management and general $8,034 · fundraising $2,245
-
24c · Other expenses: TELECOMMUNICATIONS
total $13,801 · program services $9,847 · management and general $2,207 · fundraising $1,747
-
24d · Other expenses: SUPPLIES
total $8,503 · program services $5,390 · management and general $2,656 · fundraising $457
-
24e · All other expenses
total $19,633 · program services $11,369 · management and general $6,151 · fundraising $2,113
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,581,343 · end of year $911,081
-
2 · Savings and temporary cash investments
beginning of year $6,040,766 · end of year $5,543,974
-
3 · Pledges and grants receivable
beginning of year $933,150 · end of year $711,632
-
4 · Accounts receivable
beginning of year $17,377 · end of year $24,583
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $30,659 · end of year $47,128
-
10a · Land, buildings and equipment: cost or other basis
$222,740
-
10b · Land, buildings and equipment: accumulated depreciation
$205,538
-
10c · Land, buildings and equipment, net
beginning of year $21,443 · end of year $17,202
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $484,217 · end of year $1,637,026
-
17 · Accounts payable and accrued expenses
beginning of year $257,711 · end of year $220,386
-
18 · Grants payable
beginning of year $242,809 · end of year $418,099
-
25 · Other liabilities
beginning of year $273,681 · end of year $90,318
-
27 · Net assets without donor restrictions
beginning of year $5,865,096 · end of year $4,589,369
-
28 · Net assets with donor restrictions
beginning of year $2,469,658 · end of year $3,574,454
Mission and programs · 2023
Mission
CoGenerate was founded 25 years ago to change cultural expectations for the years beyond 50 and encourage older people to apply their skills to second acts for the greater good. We now focus on what the vast and growing older population can do in collaboration with younger people to solve todays most pressing problems. We believe intergenerational collaboration -- what we call cogeneration -- is an essential and effective strategy to forge bonds across differences, combat polarization and ageism, and bring all generations skills and talents to bear on our nations most pressing problems. Our mission today is to bring older and younger people together to solve problems, bridge divides, and co-create the future.
Activities or mission (Part I)
COGENERATE BRINGS OLDER AND YOUNGER PEOPLE TOGETHER TO SOLVE PROBLEMS, BRIDGE DIVIDES, AND CO-CREATE A BETTER FUTURE.
-
Grow the patternthrough catalyzing social innovation. We support innovators bringing generations together for mutual benefit and social impact. Programs include our Innovation Fellowships and CoGenerate Challenge on Economic Opportunity.
Expenses $3,296,057 · Grants $2,092,914
-
Show the patternthrough changing the cultural narrative. We work as a thought leader and catalyst to shift the cultural narrative and tell a new story about cogenerational action. We write books and essays, sponsor research, partner with media, speak out, and hold virtual and in-person events.
Expenses $930,505
-
Accelerate the patternthrough building the field. We identify, elevate, diversify and connect leaders of all ages working to bring generations together and advance the strategy of cogeneration.
Expenses $653,463
As filed on the 2023 return.
Listed in Part VII
-
Marc FreedmanMARC FREEDMAN
CO-CEO
- Total calculated
- $344,346
- From this org
- $304,066
- From related orgs
- $0
- Other
- $40,280
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $289,066
- Bonus
- $15,000
- Other
- not reported
- Deferred
- $15,000
- Nontaxable benefits
- $25,280
- Filer's total
- $344,346
-
Eunice Lin NicholsEUNICE LIN NICHOLS
CO-CEO
- Total calculated
- $267,272
- From this org
- $254,266
- From related orgs
- $0
- Other
- $13,006
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $250,000
- Bonus
- not reported
- Other
- $4,266
- Deferred
- $12,500
- Nontaxable benefits
- $506
- Filer's total
- $267,272
-
Gary HumeGARY HUME
IT DIRECTOR
- Total calculated
- $178,154
- From this org
- $170,272
- From related orgs
- $0
- Other
- $7,882
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,729
- Bonus
- not reported
- Other
- $37,543
- Deferred
- $7,468
- Nontaxable benefits
- $414
- Filer's total
- $178,154
-
Marci AlboherMARCI ALBOHER
VP COMMUNICATIONS
- Total calculated
- $173,318
- From this org
- $145,013
- From related orgs
- $0
- Other
- $28,305
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,013
- Bonus
- not reported
- Other
- not reported
- Deferred
- $8,200
- Nontaxable benefits
- $20,105
- Filer's total
- $173,318
-
Stefanie WeissSTEFANIE WEISS
STRATEGIC COMMUN.
- Total calculated
- $173,081
- From this org
- $148,151
- From related orgs
- $0
- Other
- $24,930
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,151
- Bonus
- not reported
- Other
- not reported
- Deferred
- $7,435
- Nontaxable benefits
- $17,495
- Filer's total
- $173,081
-
A Megan McCarthyA MEGAN MCCARTHY
VP OPS & FINANCE
- Total calculated
- $167,456
- From this org
- $159,266
- From related orgs
- $0
- Other
- $8,190
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,000
- Bonus
- not reported
- Other
- $4,266
- Deferred
- $7,750
- Nontaxable benefits
- $440
- Filer's total
- $167,456
-
Darlene JohnsonDARLENE JOHNSON
ENCORE PRM DTR
- Total calculated
- $140,726
- From this org
- $133,751
- From related orgs
- $0
- Other
- $6,975
- Hours/week
- 40
-
Susan GianinnoSUSAN GIANINNO
Chairman
- Total calculated
- $0
- Hours/week
- 3
-
Chip ConleyCHIP CONLEY
CO-VICE CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
David HsuDAVID HSU
CO-VICE CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Dotty HayesDOTTY HAYES
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Raymond JetsonRAYMOND JETSON
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Ellen GoodmanELLEN GOODMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Rabbi Laura GellerRABBI LAURA GELLER
Director
- Total calculated
- $0
- Hours/week
- 3
-
Marina KimMARINA KIM
Director
- Total calculated
- $0
- Hours/week
- 3
-
Joseph PlummerJOSEPH PLUMMER
Director
- Total calculated
- $0
- Hours/week
- 3
-
Paul IrvingPAUL IRVING
Director
- Total calculated
- $0
- Hours/week
- 3
-
Serena BianSERENA BIAN
Director
- Total calculated
- $0
- Hours/week
- 3
-
G Ernest GonzalesG ERNEST GONZALES
Director
- Total calculated
- $0
- Hours/week
- 3
-
Craig HunegsCRAIG HUNEGS
Director
- Total calculated
- $0
- Hours/week
- 3
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
- 1a · First-class or charter travel
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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
The filer's explanations (Part III)
- Part I, Line 1a: Relevant information in regards to selections on 1a.
- THE BOARD SUPPORTS THE CO-CEO'S OF THE ORGANIZATION SERVING AS INTERNATIONAL SPOKESPERSONS FOR THE ORGANIZATION AND ITS MISSION, AND CONSIDERS regular TRAVEL AND PUBLIC SPEAKING TO BE A SIGNIFICANT PART OF THE CO-CEO'S RESPONSIBILITY. AS SUCH, THE BOARD AMENDED ITS TRAVEL POLICY TO ALLOW THE CO-CEO'S TO SELECT BUSINESS OR FIRST CLASS AIR TRAVEL FOR FLIGHTS AS THEY determine THE business-RELATED situtation WARRANTS IT, BASED ON FLIGHT DURATION, AND FLIGHT AVAILABILITY AND SCHEDULE, AND THAT THE TRAVEL POLICY BE LIMITED TO THE CO-CEO'S ONLY AND THAT THE AMENDED BE REVIEWED WHEN REVIEWING CO-CEO'S COMPENSATION AND BENEFITS. ALL TRAVEL EXPENSES ARE PROCESSED ONCE TRAVEL IS completed AND ARE SUBJECT TO A WRITTEN REIMBURSEMENT REQUEST WITH PROPER SUBSTANTIATION.
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
-
$2,053,415
ENCORE FELLOWSHIPS NETWORK, INNOVAT
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 June 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401579349301220
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