Generation Usa
- Assets
- $17.9m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 187
- Location
- Washington, DC
- Founding
- Data as of
- 12/2021
- EIN
- 84-3357705
Organization Overview
Generation Usa is located in Washington, DC. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, Generation USA employed 187 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Generation USA 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 12/2021, Generation USA generated $7.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (51.2%) each year. All expenses for the organization totaled $19.5m during the year ending 12/2021. 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
OUR MISSION IS TO TRANSFORM EDUCATION TO EMPLOYMENT SYSTEMS TO PREPARE, PLACE, AND SUPPORT PEOPLE INTO LIFE-CHANGING CAREERS THAT WOULD OTHERWISE BE INACCESSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERATION USA TRANSFORMS EDUCATION TO EMPLOYMENT SYSTEMS TO PREPARE, PLACE, AND SUPPORT PEOPLE INTO LIFE-CHANGING CAREERS THAT WOULD OTHERWISE BE INACCESSIBLE. THE GLOBAL PANDEMIC HAS LED TO AN UNPRECEDENTED SURGE IN UNEMPLOYMENT 375 MILLION WORKERS OF ALL AGES NEEDED TO LEARN NEW SKILLS BY 2030. AT THE SAME TIME, JOBS REMAIN IN HIGH DEMAND, AND EMPLOYERS SAY A SKILLS SHORTAGE LEAVES THEM WITH VACANCIES.GENERATION USA'S BOOTCAMP-STYLE TRAINING INTEGRATES TECHNICAL, BEHAVIORAL, AND MINDSET SKILLS, FOCUSING ON THOSE THAT MATTER MOST FOR GRADUATES TO HIT THE GROUND RUNNING ON THEIR FIRST DAY ON THE JOB. THE CURRICULUM IS BUILT TO OFFER REPEATED, INTENSIVE PRACTICE OF THE ACTIVITIES THAT MAKE FOR A GREAT EMPLOYEE. GENERATION USA PROVIDES THE OPTION FOR STAFF SUPPORT THROUGH ONE-ON-ONE COACHING WITH PROFESSIONALS AND CAREER COACHES. AS LEARNERS TRANSITION TO GRADUATION, GENERATION PROVIDES FURTHER RESOURCES AND A SUPPORTIVE ENVIRONMENT TO STAY CONNECTED. GENERATION USA AND THE LEARNER PARTNER SIDE-BY-SIDE TO DETERMINE A STUDENT'S NEXT STEPS POST-GRADUATION. THE SUCCESS OF THE LEARNER DEPENDS ON BOTH GENERATION STAFF AND THE MOTIVATION AND COMMITMENT OF THE LEARNER. GENERATION USA PROVIDES NO-COST ACCESS TO SEVERAL SERVICES, PLATFORMS, AND PARTNERS ALL OF WHICH HELP LEARNERS EXPLORE CAREERS, ENHANCE RESUME CONTENT, GET HELP WITH INTERVIEW PREPARATION, PROVIDE GUIDANCE ABOUT THE JOB OR COLLEGE SEARCH PROCESS, AND LASTLY, PROVIDE TRAINING TOOLS FOR CONTINUED SUCCESS ON THE JOB LONG-TERM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Segal CEO | Officer | 40 | $195,057 |
Tameka Logan Chief Learner Experience Officer | 40 | $138,029 | |
Jeannie Guzman Chief People Officer | 40 | $137,038 | |
Sienna Daniel Chief Growth & Impact Officer | 40 | $136,641 | |
Jee Yon Pae Chief Development Officer | 40 | $135,168 | |
Morgan Watson Chief Of Staff | 40 | $132,848 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adept Id Inc Technology/collobortation Services For G | 12/30/21 | $150,000 |
Delgado Community College Administration Fee, For Launching And Su | 12/30/21 | $223,050 |
Seattle Colleges Administration Fee, For Launching Jr. We | 12/30/21 | $112,062 |
Grapevine Communications Advertising, Marketing, And Public Relat | 12/30/21 | $3,152,000 |
Impresa Legal Group Legal Services | 12/30/21 | $120,775 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $110,500 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $276,582 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,277,948 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,665,030 |
| Total Program Service Revenue | $10,800 |
| Investment income | $1,293 |
| 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 | $7,677,123 |
| 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. | $308,991 |
| Compensation of current officers, directors, key employees. | $79,662 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,366,803 |
| Pension plan accruals and contributions | $334,326 |
| Other employee benefits | $1,001,357 |
| Payroll taxes | $694,401 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $126,355 |
| Fees for services: Accounting | $77,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,145,314 |
| Advertising and promotion | $0 |
| Office expenses | $176,735 |
| Information technology | $302,430 |
| Royalties | $0 |
| Occupancy | $162,551 |
| Travel | $73,798 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $568,391 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $53,221 |
| All other expenses | $0 |
| Total functional expenses | $19,514,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $443,713 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $17,354,119 |
| Accounts receivable, net | $0 |
| 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 | $140,634 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,938,466 |
| Accounts payable and accrued expenses | $2,619,001 |
| Grants payable | $742,500 |
| Deferred revenue | $0 |
| 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 | $21,830 |
| Total liabilities | $3,383,331 |
| Net assets without donor restrictions | -$574,213 |
| Net assets with donor restrictions | $15,129,348 |
| 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 | $17,938,466 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Generation Usa has recieved totaling $4,268,780.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $900,000 |
Tenacre Foundation Princeton, NJ PURPOSE: GENERAL SUPPORT | $877,000 |
Robin Hood Foundation New York, NY PURPOSE: POVERTY RELIEF | $600,000 |
Ascendium Education Solutions Inc Madison, WI PURPOSE: Scaling Community College Partnerships to Expand Access to Technology Careers | $550,000 |
Denver Foundation Denver, CO PURPOSE: TO PROVIDE SUPPORT TO LAUNCH GENERATION USA'S PROGRAMMING IN COLORADO | $240,570 |
Shihara Family Foundation Bellevue, WA PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Generation Usa Washington, DC | $17,938,466 | $7,677,123 |
Skills Usa Inc Leesburg, VA | $8,575,895 | $14,271,991 |
Opportunity At Work Inc Washington, DC | $8,759,075 | $9,572,974 |
Second Chance Inc Baltimore, MD | $22,971,247 | $13,264,528 |
Anne Arundel Workforce Development Corporation Inc Millersville, MD | $2,854,225 | $10,470,291 |
Experience Works Inc Severna Park, MD | $76,388 | $8,997,468 |
Urban Alliance Foundation Inc Washington, DC | $17,000,062 | $13,601,733 |
Employ Prince Georges Largo, MD | $4,258,774 | $8,835,926 |
Lift Inc Washington, DC | $11,053,254 | $10,488,956 |
National Fund For Workforce Solutions Washington, DC | $8,495,293 | $1,868,629 |
Jobs For Americas Graduates Inc Alexandria, VA | $6,705,273 | $5,268,108 |
National Assoc For Law Placement Washington, DC | $6,222,827 | $4,649,351 |