Generation Schools Network Inc
- Assets
- $1.2m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 23
- Location
- Denver, CO
- Founding
- 03/2007
- Data as of
- 06/2021
- EIN
- 76-0783006
Organization Overview
Generation Schools Network Inc is located in Denver, CO. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Generation Schools Network Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Generation Schools Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Generation Schools Network Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $2.5m during the year ending 06/2021. While expenses have increased by 8.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GSN SEEKS TO CO-CREATE HEALTHY SCHOOL ECOSYSTEMS BY PARTNERING WITH EDUCATORS, STUDENTS, FAMILIES AND COMMUNITIES TO ELEVATE THE EDUCATION EXPERIENCE. GENERATION SCHOOLS NETWORKS VISION IS THAT ALL SCHOOLS ARE VIBRANT, INCLUSIVE ECOSYSTEMS THAT ENSURE EVERY STUDENT THRIVES IN SCHOOL, WORK AND LIFE. GSN SPECIFICALLY TARGETS ITS EDUCATION SUPPORTS AND TURNAROUND EFFORTS IN SCHOOLS WHERE IT CAN FOCUS ON CHANGING THE TRAJECTORY FOR TRADITIONALLY MARGINALIZED AND UNDERSERVED STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2020-2021 FISCAL YEAR, GSN SERVED MORE THAN 4,000 TEACHERS AND 59,000 STUDENTS IN 82 DISTRICTS THROUGH PROGRAMS SUCH AS TURNAROUND LEADERSHIP, SOCIAL & EMOTIONAL LEARNING, COLLEGE & CAREER READINESS, LEADERSHIP COACHING, TEACHER RETENTION, EXPELLED & AT-RISK STUDENT SERVICES, AND MORE. STATE-WIDE IMPACT HAS BEEN DRIVEN BY GSNS PARTNERSHIP WITH BOARDS OF COLLABORATIVE EDUCATIONAL SERVICES (BOCES) DISTRICTS ACROSS THE STATE OF COLORADO AND OTHER PARTNERS IN LAUNCHING THE COLORADO RURAL EDUCATION COLLABORATIVE (CREC) IN 2015. THE CREC NOW SERVES OVER 3,800 TEACHERS AND 56,000 STUDENTS IN MORE THAN 70 DISTRICTS ACROSS THE STATE. SPECIFIC CREC ACCOMPLISHMENTS CAN BE FOUND AT: HTTP://WWW.CORURALEDCOLLAB.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Spencer Cfo/coo | Officer | 40 | $130,080 |
Lisa Leith Chief Field Serv | 40 | $126,000 | |
Wendy Loloff Cooper CEO | Officer | 40 | $121,610 |
Kirk Banghart VP Fac Of Crec | 40 | $100,973 | |
K Kayon Morgan PHD Secretary | OfficerTrustee | 4 | $0 |
Dan Streeter Chairperson | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,808 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,434,027 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,460,835 |
| Total Program Service Revenue | $1,297,788 |
| Investment income | $163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,758,786 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $258,000 |
| Compensation of current officers, directors, key employees. | $154,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,091,483 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $123,472 |
| Payroll taxes | $105,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $114,902 |
| Advertising and promotion | $0 |
| Office expenses | $11,991 |
| Information technology | $26,491 |
| Royalties | $0 |
| Occupancy | $59,002 |
| Travel | $20,028 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,565 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $640 |
| Insurance | $4,259 |
| All other expenses | $0 |
| Total functional expenses | $2,495,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $851,310 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $65,000 |
| Accounts receivable, net | $279,565 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $41,743 |
| Net Land, buildings, and equipment | $1,654 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,239,272 |
| Accounts payable and accrued expenses | $66,555 |
| Grants payable | $0 |
| Deferred revenue | $81,236 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $147,791 |
| Net assets without donor restrictions | $632,439 |
| Net assets with donor restrictions | $459,042 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,239,272 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Generation Schools Network Inc has recieved totaling $1,199,505.
| Awarding Organization | Amount |
|---|---|
The Colorado Health Foundation Denver, CO PURPOSE: NURTURE HEALTHY MINDS | $499,500 |
Michael & Susan Dell Foundation Austin, TX PURPOSE: CREC COLORADO ED-FI COLLABORATIVE - ALPINE ACHIEVEMENT REPLACEMENT | $385,000 |
Michael & Susan Dell Foundation Austin, TX PURPOSE: CREC COLORADO ED-FI COLLABORATIVE SUSTAINABILITY PLAN | $125,000 |
Gates Family Foundation Denver, CO PURPOSE: PROJECT SUPPORT | $100,000 |
Columbus Foundation Columbus, OH PURPOSE: EDUCATION | $25,000 |
Otter Cares Foundation Fort Collins, CO PURPOSE: ENTREPRENEURSHIP FAIR FOR WELD COUNTY STUDENTS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wgu Labs Salt Lake City, UT | $5,412,542 | $17,199,300 |
Legacy Traditional School Maricopa Chandler, AZ | $18,281,409 | $11,917,984 |
Turing School Of Software And Design Denver, CO | $6,210,648 | $10,301,401 |
Rooted Denver, CO | $4,963,250 | $7,608,549 |
United States Space Foundation Colorado Springs, CO | $16,544,992 | $7,378,299 |
Collective For Youth Omaha, NE | $16,344,773 | $14,408,697 |
Youth Entrepreneurs Inc Wichita, KS | $8,370,922 | $6,293,107 |
Lena Foundation Louisville, CO | $6,954,124 | $11,160,800 |
Starfall Education Foundation Boulder, CO | $23,360,929 | $7,522,820 |
Oklahoma Public School Resource Center Inc Oklahoma City, OK | $4,660,216 | $8,536,647 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |
Communities In Schools Of Mid-America Inc Lawrence, KS | $5,926,043 | $10,689,088 |