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Generation W Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464832199 ✦ Jacksonville beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Generation W Inc?

Generation W Inc is a dynamic and engaged community dedicated to fostering education, inspiration, and connection, with a strong focus on empowering women's leadership. Established in Jacksonville Beach, Florida, the organization comprises four key elements: Generation W, Generation WOW, Generation Works, and the best-selling book and accompanying curriculum, "WOWSDOM! The Girl's Guide to the Positive and the Possible." Their signature event connects and inspires changemakers, business leaders, entrepreneurs, innovators, and influencers, addressing relevant issues and providing actionable steps for change. In 2022, Generation W brought together over a thousand individuals for a day of personal and professional development. With a diverse audience spanning various industries, the event highlighted the transformative power of connection. Since 2012, Generation W has positively impacted over 25,000 women and girls, promoting learning, inspiration, and mentorship through various programs and events.


Official website here: www.genwnow.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating indicates a generally favorable assessment of Generation W Inc’s performance, particularly in the areas of accountability and finance, as well as leadership and adaptability. The organization has demonstrated a commitment to responsible financial management, with a program expense ratio of 75.84%, indicating that a significant portion of its funding directly supports its mission.

One of the strengths of Generation W Inc is its independent governance structure, featuring 77% independent board members and no material diversion of assets, both of which contribute to its strong accountability score. However, the organization lacks certain policies, such as a whistleblower policy and a document retention policy, which have impacted its overall accountability rating.

In terms of leadership, Generation W has achieved a perfect score, reflecting its effective strategic goals focused on empowering women and girls through various programs. The organization is recognized nationally for its leadership development efforts; however, it has room to improve its communication regarding how it has adapted to recent challenges in the external environment.


This AI summary has been generated from information found on Charity Navigator.

Is Generation W Inc legitimate?

Generation W Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Generation W Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $445,249

For more financial information, click here


Official website here: www.genwnow.com

What is the mission statement of Generation W Inc?

Generation W Inc's mission is centered around empowering women and girls by providing educational tools, inspiration, and opportunities for connection. This is done with the aim of uplifting their families and the communities they reside in. The organization achieves this primarily through hosting events, mentorship programs, and club experiences for girls, as well as engaging in community enhancement projects.


Official website here: www.genwnow.com

What is the revenue of Generation W Inc?

Generation W Inc's revenue in 2023 was $1,032,327.


Official website here: www.genwnow.com

Who are the executives of Generation W Inc and what are their salaries?

The average compensation at Generation W Inc during 2023 was $37,104. There are 12 employees at Generation W Inc.

Here are 9 key members and their salaries:


Dr Olenda Johnson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Olken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Orender (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Akila Raman-Vaseghi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Shalett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darnell Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Wolfe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.genwnow.com

Where can I find the form 990 for Generation W Inc?

Generation W Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.genwnow.com

Learn more at the official website: www.genwnow.com

Mission Statement of Generation W Inc

Generation W Inc, a nonprofit organization, is dedicated to enhancing the education, motivation, and interaction of women and girls with the objective of improving their families and the communities they reside in. The organization achieves this mission primarily through the hosting of events, mentor experiences, and club activities for girls, as well as engaging in community enhancement projects. By providing these tools and experiences, Generation W Inc aims to empower and inspire women and girls, ultimately contributing to the betterment of their surroundings.

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Impact




July, 2024

Generation W Inc's impact is profound and far-reaching, touching the lives of over 25,000 women and girls since its inception in 2012. The organization's commitment to providing tools and experiences for the education, inspiration, and connection of women and girls has led to tangible results in elevating not only individuals but also their families and communities. Through its signature events, mentorship programs, leadership academies, and curated content, Generation W has created a vibrant and supportive community that empowers women to realize their full potential and effect positive change in society. The organization's efforts have brought together changemakers, business leaders, and influencers from various industries, fostering a spirit of collaboration and empowerment that resonates nationally. By championing the transformative power of connection and mentorship, Generation W continues to make a lasting impact on the lives of women and girls across the country.




This information is meant to be a general summary of Generation W Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,032,327 (2023)
Expenses
$1,159,996 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $22,435
  • Program Service Revenue: $101,947
  • Gross Receipts: $1,041,227

Assets and Liabilities:

  • Total Assets: $1,238,720
  • Total Liabilities: $212,350
  • Net Assets: $1,026,370

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EVENT MANAGEMENT FEE

Revenue

$64,900

TICKET SALES

Revenue

$37,047

Organization Details

Founding Year

2014

Principal Officer

Donna Orender

NTEE Category

Code: P40 - Human services

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