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Nonprofit · EIN 82-2246592

HOUR GENERATION FOUNDATION

Tax-exempt · GARDEN CITY, NY 11530

Financials

$472K$253K2023$532K$820K2024
Revenue Expenses · by fiscal year end
Financials of HOUR GENERATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$531,896$820,034-$288,138$189,712$0$189,712
December 31, 2023990$472,175$253,069$219,106$477,850$0$477,850
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$530,573
Program service revenue
$0
Investment income
$0
Other revenue
$1,323

Expenses

Grants and similar amounts paid
$75,455
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$3,528
Accounting fees
$1,575
Travel
$15,706
Depreciation
$1,080
Program services (functional)
$806,756
Management and general (functional)
$13,278

Balance sheet and other

Total assets, start of year
$477,850
Total assets, end of year
$189,712
Total liabilities, end of year
$0
Net assets, end of year
$189,712
Land, buildings and equipment
$1,698
Net assets without donor restrictions
$189,712
Gross receipts
$531,896
Employees
0
Volunteers
0
Year formed
2017
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
HOUSTON J GRANTFOUNDER
Trustee or director, Officer
2$0
BEVERLY GRANT-HOLSTONVICE PRESIDENT
Trustee or director, Officer
2$0
GAIL TAYLORSECRETARY
Trustee or director, Officer
2$0
MEDORA FRAZIERGENERAL MANAGER
Trustee or director, Officer
2$0
MARY JOHNSONEXECUTIVE ASSISTANT
Trustee or director, Officer
2$0
SHERIDA TURNERTREASURER
Trustee or director, Officer
2$0
JAMES A ROBINSONBOARD MEMBER
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
HOUSTON J GRANTFOUNDER
Trustee or director, Officer
2$0
BEVERLY GRANT-HOLSTONVICE PRESIDENT
Trustee or director, Officer
2$0
GAIL TAYLORSECRETARY
Trustee or director, Officer
2$0
MEDORA FRAZIERGENERAL MANAGER
Trustee or director, Officer
2$0
MARY JOHNSONEXECUTIVE ASSISTANT
Trustee or director, Officer
2$0
SHERIDA TURNERTREASURER
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
GFO 100 GARDEN CITY PLZ STE 415, GARDEN CITY, NY 11530-0000
Mailing address (990-N for 2020)
9591 Baltimore Avenue, College Park MD 20741
Principal officer (990 for 2024)
SHERIDA TURNER, GFO 100 GARDEN CITY PLZ STE 415, GARDEN CITY, NY 11530
Principal officer (990-N for 2020)
Jerami Grant, ProSport 7927 Patriots Land Pl, Quinton VA 23141
Signed the 990
SHERIDA TURNER, TREASURER
Phone
(212) 488-1899
Return prepared by
GALWAY FAMILY OFFICE LLC

Mission

HOUR GENERATION FOUNDATION'S MISSION IS TO INSPIRE AND EMPOWER YOUTH TO EXPLORE THEIR TALENTS BY PROVIDING INFORMATION, ADVOCACY, AND SERVICE ALLOWING THEM TO MAZIMIZE THEIR POTENTIAL AND REALIZE THEIR SPECIAL GIFTS.

990 for the year ended December 31, 2024

Program accomplishments

  • HOUR GENERATION FOUNDATION HOSTS SEVERAL EVENTS THROUGHOUT THE YEAR IN AN EFFORT TO PROVIDE AND EMPOWERMENT TO YOUTH AND TO PROVIDE NECESSARY ITEMS FOR YOUTH IN NEED, SUCH AS FOOD, CLOTHING, AND SCHOOL SUPPLIES.
    Expenses $806,756 · grants $75,455 · revenue $531,896

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-2246592
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$189,712
Income (IRS master file)
$531,896

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$531,896$820,034$189,712XML
990December 2023$472,175$253,069$477,850XML
990December 2022$388,989$285,068$258,744IRS
990December 2021–––IRS
990-N for 2020
Officer: Jerami Grant
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Jerami Grant
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-2246592).

Questions about HOUR GENERATION FOUNDATION

What is the EIN of HOUR GENERATION FOUNDATION?
The employer identification number (EIN) of HOUR GENERATION FOUNDATION is 82-2246592.
Is HOUR GENERATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to HOUR GENERATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOUR GENERATION FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HOUR GENERATION FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOUR GENERATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HOUR GENERATION FOUNDATION?
The 990 for the year ended December 31, 2024 names SHERIDA TURNER.
Who are the officers and directors of HOUR GENERATION FOUNDATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does HOUR GENERATION FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $531,896, expenses of $820,034 and total assets of $189,712 at year end.

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