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Generations For Life Inc

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

EIN: 832358121 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Generations For Life Inc?

Generations For Life Inc, based in Lakewood, New Jersey, is a compassionate nonprofit organization dedicated to making a positive impact in people's lives, particularly those battling addiction. With a single staff member, they focus on forming one-to-one relationships with trained professionals to help their clients reach their full potential and reintegrate into society. Their mission is to offer support and guidance, striving to create a more productive and fulfilling future for those seeking recovery.


Official website here: www.generations4life.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 82%, Three-Star out of Four Star rating.

Generations For Life Inc has achieved a commendable score of 82%, reflecting a strong emphasis on accountability and finance. This rating is primarily based on their effective operational practices, scoring full points in several key areas such as having a majority of independent board members and a solid conflict of interest policy. The organization demonstrates transparency with listed documents and a whistleblower policy in place, ensuring accountability.

The charity's financial management is highlighted by a program expense ratio of 91.25%, indicating that a significant portion of their funds is directed towards their programs and services rather than administrative costs. This reinforces the organization’s commitment to its mission and effective use of donations. The high scores in various governance categories showcase a robust structure that supports their operations.

However, while the organization has shown strengths in accountability and financial practices, the single beacon score may limit the overall assessment of its impact and effectiveness in achieving its stated goals. Potential donors might consider looking for additional information on program outcomes and community impact to get a fuller picture of the charity's performance.


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

Is Generations For Life Inc legitimate?

Generations For Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Generations For Life 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: $10,777

For more financial information, click here


Official website here: www.generations4life.com

What is the mission statement of Generations For Life Inc?

The mission of Generations For Life Inc. is to positively impact the lives of individuals struggling with addiction, primarily through one-on-one interactions with trained professionals. Their goal is to help these individuals reach their full potential and reintegrate into society. The organization's activities are geared towards assisting clients in their recovery journey and enabling them to become productive members of society.


Official website here: www.generations4life.com

Who is the CEO of Generations For Life Inc?

Israel Nachum is the President of Generations For Life Inc.


Official website here: www.generations4life.com

What is the revenue of Generations For Life Inc?

Generations For Life Inc's revenue in 2022 was $238,092.


Official website here: www.generations4life.com

Who are the executives of Generations For Life Inc and what are their salaries?

The average compensation at Generations For Life Inc during 2022 was $10,777. There is 1 employee at Generations For Life Inc.


Here are 3 key members and their salaries:


Israel Nachum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chaim Gross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Schuck (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.generations4life.com

Where can I find the form 990 for Generations For Life Inc?

Generations For Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.generations4life.com

Learn more at the official website: www.generations4life.com

Mission Statement of Generations For Life Inc

Generations For Life Inc, a non-profit organization, strives to positively impact the lives of individuals grappling with addiction. They achieve this mission primarily through one-on-one relationships with trained professionals. The organization's primary goal is to help these individuals reach their highest potential as they navigate their recovery, ultimately finding their place as productive members of society. In essence, Generations For Life Inc serves as a beacon of hope, providing the necessary support and guidance for individuals in their journey towards overcoming addiction and rebuilding their lives.

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Impact




June, 2024

Generations For Life Inc is making a significant impact by helping individuals battling addiction in Lakewood, NJ. Through one-to-one relationships with trained professionals, they assist their clients in achieving their highest potential and finding their place as productive members of society. Their focus on mental health and addiction support demonstrates their commitment to improving lives and contributing positively to the community.




This information is meant to be a general summary of Generations For Life 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
$238,092 (2022)
Expenses
$276,940 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $55,418
  • Gross Receipts: $238,092

Assets and Liabilities:

  • Total Assets: $6,684
  • Total Liabilities: $35,566
  • Net Assets: -$28,882

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Programs

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

Membership Dues & Assessments

Revenue

$55,418

Organization Details

Founding Year

2018

Principal Officer

Israel Nachum

Main Address

47 PAMELA DRIVE, LAKEWOOD, NJ, 08701

NTEE Category

Code: F22 - Mental health

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