Nonprofit · EIN 83-0933681
GEN-ONE INC
Tax-exempt · CHARLOTTE, NC 28215
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,167,184 | $1,036,282 | $130,902 | $1,540,062 | $15,032 | $1,525,030 |
| June 30, 2024 | 990 | $1,013,967 | $718,862 | $295,105 | $1,403,711 | $9,583 | $1,394,128 |
| June 30, 2023 | 990 | $829,757 | $471,721 | $358,036 | $1,102,052 | $3,029 | $1,099,023 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,074,029
- Program service revenue
- $0
- Investment income
- $31,328
- Net income from fundraising events
- $61,827
- Other revenue
- $61,827
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $110,207
- Other salaries and wages
- $450,768
- Salaries, compensation and benefits (total)
- $663,246
- Professional fundraising fees
- $0
- Occupancy
- $27,121
- Travel
- $6,418
- Depreciation
- $2,686
- Program services (functional)
- $704,803
- Management and general (functional)
- $221,985
- Fundraising (functional)
- $109,494
Balance sheet and other
- Total assets, start of year
- $1,403,711
- Total assets, end of year
- $1,540,062
- Total liabilities, end of year
- $15,032
- Net assets, end of year
- $1,525,030
- Land, buildings and equipment
- $1,344
- Net assets without donor restrictions
- $1,434,530
- Net assets with donor restrictions
- $90,500
- Gross receipts
- $1,181,748
- Employees
- 9
- Volunteers
- 50
- Year formed
- 2018
- State of legal domicile
- NC
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ian Joyce | Executive Dir. Officer | 55 | $99,689 | $10,518 |
| Scott Brennan | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Don Cleven | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Myah Davis | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Cristy Travaglino | Director Trustee or director | 1 | $0 | $0 |
| Sara Reid | Director Trustee or director | 2 | $0 | $0 |
| Lauren Robinson | Director Trustee or director | 1 | $0 | $0 |
| Maria Lander | Director Trustee or director | 2 | $0 | $0 |
| Jacob Newton | Director Trustee or director | 1 | $0 | $0 |
| Carola Crdenas | Director Trustee or director | 1 | $0 | $0 |
| Neel Parikh | Director Trustee or director | 1 | $0 | $0 |
| Star Spencer | Director Trustee or director | 1 | $0 | $0 |
| Melodie Saunders | Director Trustee or director | 1 | $0 | $0 |
| Ray Chinn | Director Trustee or director | 1 | $0 | $0 |
| Rianne Lang | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ian Joyce | Executive Dir. Officer | 55 | $75,500 | $4,020 |
| Don Cleven | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| Scott Brennan | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Cristy Travaglino | Director Trustee or director | 1 | $0 | $0 |
| Myah Davis | Director Trustee or director, Officer | 1 | $0 | $0 |
| Lauren Robinson | Director Trustee or director | 1 | $0 | $0 |
| Maria Lander | Director Trustee or director, Officer | 2 | $0 | $0 |
| Sara Reid | Director Trustee or director | 1 | $0 | $0 |
| Neel Parikh | Director Trustee or director | 1 | $0 | $0 |
| Star Spencer | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ian Joyce | Executive Dir. Officer | 55 | $71,510 |
| Don Cleven | Chairman Trustee or director, Officer | 2 | $0 |
| Michele Amoroso | Treasurer Trustee or director, Officer | 2 | $0 |
| Scott Brennan | Director Trustee or director | 1 | $0 |
| Carla Clements | Director Trustee or director | 1 | $0 |
| Myah Davis | Secretary Trustee or director, Officer | 1 | $0 |
| Katie Gauntner | Director Trustee or director | 1 | $0 |
| Maria Lander | Vice Chair Trustee or director, Officer | 2 | $0 |
| Barlow Mann | Director Trustee or director | 1 | $0 |
| Neel Parikh | Director Trustee or director | 1 | $0 |
| Star Spencer | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3800 SHAMROCK DR, CHARLOTTE, NC 28215-3220
- In care of
- % KIMBERLY PERKINS
- Principal officer (990 for 2024)
- Kim Perkins
- Signed the 990
- Scott Brennan, Treasurer
- Phone
- (703) 338-2625
- Website
- genoneclt.org
- Return prepared by
- Foard and Company PA
Mission
GenOne partners with talented, first-generation students from underserved communities from middle school through college, helping them successfully navigate to and through every transition.
Program accomplishments
- GenOne is a long-term college prep program serving high-performing, first-generation Scholars from Title I middle schools from eighth grade through college graduation. Beginning in middle school, Scholars receive year-round academic support, ACT preparation, college essays, tours, applications, financial aid and scholarship guidance, mentoring, and career exploration to be scholarship-ready by senior year. GenOne continues supporting Scholars through college persistence to ensure college completion. In the 24-25 SY, GenOne served 281 Scholars from eighth grade through college, a 26% increase from last year. Our high school seniors earned a record $6.7M in scholarships and financial aid, 100% were accepted to four-year colleges, 76% graduated debt-free, and 96% borrowed less than the NC average.Expenses $704,803 · grants $27,084
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 83-0933681
- 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
- 2018
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $1,540,062
- Income (IRS master file)
- $1,181,748
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,167,184 | $1,036,282 | $1,540,062 | XML |
| 990 | June 2024 | $1,013,967 | $718,862 | $1,403,711 | XML |
| 990 | June 2023 | $829,757 | $471,721 | $1,102,052 | XML |
| 990 | June 2022 | $560,557 | $286,799 | $760,990 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
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 83-0933681).
Questions about GEN-ONE INC
- What is the EIN of GEN-ONE INC?
- The employer identification number (EIN) of GEN-ONE INC is 83-0933681.
- Is GEN-ONE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to GEN-ONE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GEN-ONE INC 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 GEN-ONE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GEN-ONE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GEN-ONE INC?
- The 990 for the year ended June 30, 2025 names Kim Perkins.
- Who are the officers and directors of GEN-ONE INC?
- The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $99,689 (Ian Joyce, Executive Dir.).
- How much revenue does GEN-ONE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,167,184, expenses of $1,036,282 and total assets of $1,540,062 at year end.
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All nonprofits in CHARLOTTE · North Carolina · Youth development