2020-10-22T12:17:52-05:00 2019-12-31 470900880 CALIBRE CPA GROUP PLLC 7501 WISCONSIN AVENUE SUITE 1200 WEST BETHESDA MD 20814 990 2019-01-01 471073442 GENERATION YOU EMPLOYED INC GENE 2026294410 1200 19TH STREET NW NO 1110 WASHINGTON DC 20036 MONA MOURSHED PRESIDENT & CEO 2026294410 2020-10-22 1 STEVEN C DARR CPA CMA P01324904 2023319880 38.100.43.98 2020-10-22 13:16:13 ED P A3C8B6A7531A613EF6C0C99A1A809E67D3FF72EF FD6C2F2BFF124F2745673C6C1D4AE29ADB4D614A 2019 2021-01-29 14:40:06Z MONA MOURSHED 1200 19TH STREET NW NO 1110 WASHINGTON DC 20036 26139408 0 X WWW.GENERATION.ORG X 2014 DC OUR MISSION IS TO TRANSFORM EDUCATION TO EMPLOYMENT SYSTEMS TO PREPARE, PLACE, AND SUPPORT PEOPLE INTO LIFE-CHANGING CAREERS THAT WOULD OTHERWISE BE INACCESSIBLE. 12 12 118 10 0 0 14438392 25382108 0 757300 0 0 0 0 14438392 26139408 2295547 6899205 0 0 4404591 8434187 0 0 0 4408382 7897435 11108520 23230827 3329872 2908581 15957373 19304493 921264 1359803 15036109 17944690 OUR MISSION IS TO TRANSFORM EDUCATION TO EMPLOYMENT SYSTEMS TO PREPARE, PLACE, AND SUPPORT PEOPLE INTO LIFE-CHANGING CAREERS THAT WOULD OTHERWISE BE INACCESSIBLE. 0 0 19518934 6899205 757300 GENERATION PREPARES, PLACES, AND SUPPORTS PEOPLE INTO LIFE-CHANGING CAREERS THAT WOULD OTHERWISE BE INACCESSIBLE. IN 2019, GENERATION GRADUATED 10,000+ LEARNERS ACROSS 150+ CITIES IN 14 COUNTRIES. THE ORGANIZATION OFFERS 28 PROFESSIONAL PROGRAMS, SPANNING TECH, HEALTHCARE, CUSTOMER SERVICE, AND SKILLED TRADES. OVER HALF OF GENERATION'S GRADUATES ARE WOMEN, 93% ARE UNEMPLOYED WHEN THEY ENTER THE PROGRAM, AND APPROXIMATELY 40% HAVE DEPENDENTS. WITHIN 3 MONTHS OF PROGRAM COMPLETION, 86% OF GRADUATES ARE PLACED IN JOBS AND 61% REMAIN EMPLOYED A YEAR LATER. 19518934 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 37 0 1 118 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MONA MOURSHED 2026294410 1200 19TH ST NW 1110 WASHINGTON DC 20036 KEVIN STEINBERG SECRETARY 1.00 X X 0 0 0 MICHAEL HALBYE BOARD CHAIR 1.00 X X 0 0 0 MONA MOURSHED PRESIDENT & CEO 30.00 X X 0 0 0 PHUMZILE MLAMBO- NGCUKA DIRECTOR 1.00 X 0 0 0 MICHAEL SILBER TREASURER 1.00 X X 0 0 0 ANNIE-MARIE SLAUGHTER DIRECTOR 1.00 X 0 0 0 SCOTT MCKINLEY DIRECTOR 1.00 X 0 0 0 MAYSA JALBOUT DIRECTOR 1.00 X 0 0 0 SALAH-EDDINE KANDRI DIRECTOR 1.00 X 0 0 0 WENDY KOPP DIRECTOR 1.00 X 0 0 0 LAURA CORB DIRECTOR 1.00 X 0 0 0 DANA BRAKMAN REISER DIRECTOR 1.00 X 0 0 0 GULI RUZMETOVA GLOBAL DIRECTOR OF FINANCE 40.00 X 159054 0 16665 ALI JAFFER COO - GENERATION GLOBAL 40.00 X 0 0 0 JENNIFER SIKES CHIEF COMMUNICATION OFFICER 40.00 X 178179 0 26381 KELLY J CASSARO CHIEF OF LEARNING 40.00 X 174349 0 24453 SEAN SEGAL CEO - GENERATION LLC (US) 40.00 X 189705 0 24395 PATRICK G MORTON COO INDIAN OCEAN 40.00 X 156212 0 15553 ROMINA N PIERSANTI REGIONAL DIRECTOR CURRICULUM AND INSTRUCTION 40.00 X 140966 0 16262 DANA J LEE REGIONAL DIRECTOR CURRICULUM & INSTRUCTION 40.00 X 126559 0 22497 OLUSETO ADEYEFA GLOBAL DIRECTOR OF HUMAN RESOURCES 40.00 X 125036 0 18042 LOLA STEVENS GLOBAL DIRECTOR OF OPERATIONS 40.00 X 135051 0 17967 1385111 0 182215 15 0 1 0 INFOPRO LEARNING INC 103 MORGAN LANE SUITE 102 PLAINSBORO NJ 08536 DEVELOPMENT OF LEARNING ASSETS 680000 JEREMY FOX 17A SOUTH BUONA VISTA ROAD SINGAPORE SINGAPORE SN CONSULTING 279388 GRAPEVINE COMMUNICATIONS 5201 PAYLOR LANE SARASOTA FL 32420 DIGITAL MEDIA 276500 DARBY FILMS 75 KENDAL AVE MAPLEWOOD NJ 07040 DIGITAL MEDIA 246541 CARRIE MAGNUSON LLC 4506 BEACH COURT DENVER CO 80211 SALESFORCE ARCHITECTURE MANAGER 167813 9 170000 2912580 22299528 25382108 EMPLOYER ASSESSMENTS 900099 757300 757300 757300 26139408 757300 0 0 6899205 6899205 793181 299086 494095 5674800 4734853 939947 295080 244364 50716 1154894 1007798 147096 516232 431441 84791 168034 43655 124379 207370 28891 178479 3344798 2577638 767160 928437 528355 400082 379157 280260 98897 889991 666087 223904 251401 251401 RECRUITMENT 858453 797431 61022 STUDENT RELATED EXPENSE 633539 633539 OTHER EXPENSES 236255 94930 141325 23230827 19518934 3711893 0 7057278 6936564 7394407 10298572 1366460 1884897 139228 184460 15957373 19304493 921264 1359803 921264 1359803 X 1167240 614063 13868869 17330627 15036109 17944690 15957373 19304493 2908581 0 X 1 X 1 X 1 1 1 X 5112977 5737140 10891686 14438392 25382108 61562303 5112977 5737140 10891686 14438392 25382108 61562303 21543569 40018734 61562303 757300 0.65010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 41563568 10286549 5137611 15424160 26139408 0 26139408 35461032 10286549 1943656 12230205 23230827 0 23230827 PART X, LINE 2: GYE ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH THE ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S CONSOLIDATED FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. GYE PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF SUBSIDIARIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 5,137,611. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF SUBSIDIARIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 1,943,656. 1 MIDDLE EAST AND NORTH AFRICA 1 2 GRANTS TO RECIPIENTS IN THE REGION NORTH AMERICA 1 22 GRANTS TO RECIPIENTS IN THE REGION 1135101 SUB-SAHARAN AFRICA 1 64 GRANTS TO RECIPIENTS LOCATED IN REGION 2387343 EAST ASIA AND THE PACIFIC 3 21 GRANTS TO RECIPIENTS LOCATED IN REGION 519472 EUROPE (INCLUDING ICELAND AND GREENLAND) 4 40 GRANTS TO RECIPIENTS LOCATED IN REGION 1807615 SOUTH ASIA 2 43 GRANTS TO RECIPIENTS LOCATED IN REGION 599674 SOUTH AMERICA 1 9 GRANTS TO RECIPIENTS LOCATED IN REGION 450000 13 201 0 0 13 201 6899205 0 6899205 SOUTH ASIA PROGRAM SERVICE 599674 WIRE TRANSFER SUB-SAHARAN AFRICA PROGRAM SERVICE 2387343 WIRE TRANSFER NORTH AMERICA PROGRAM SERVICE 1135101 WIRE TRANSFER EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SERVICE 600680 WIRE TRANSFER EAST ASIA AND THE PACIFIC PROGRAM SERVICE 41690 WIRE TRANSFER SOUTH AMERICA PROGRAM SERVICE 450000 WIRE TRANSFER EAST ASIA AND THE PACIFIC PROGRAM SERVICE 251607 WIRE TRANSFER EAST ASIA AND THE PACIFIC PROGRAM SERVICE 226175 WIRE TRANSFER EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SERVICE 165455 WIRE TRANSFER EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SERVICE 94095 WIRE TRANSFER EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SERVICE 947385 WIRE TRANSFER 8 0 0 0 0 0 0 PART I, LINE 2: THE GENERATION GLOBAL FINANCE TEAM REVIEWS EACH COUNTRY OFFICE'S INTERNAL FINANCIAL STATEMENTS ON A MONTHLY OR QUARTERLY BASIS. EACH COUNTRY OFFICE UNDERGOES AN ANNUAL AUDIT ONCE ITS FINANCIAL OPERATIONS BECOME MATERIAL. THE GENERATION GLOBAL FINANCE TEAM THEN REVIEWS EACH COUNTRY'S ANNUAL AUDIT REPORT. PART III ACCOUNTING METHOD: 1 0 0 0 0 0 0 1 0 GULI RUZMETOVA GLOBAL DIRECTOR OF FINANCE 151304 0 7750 0 0 0 8053 0 8612 0 175719 0 0 0 JENNIFER SIKES CHIEF COMMUNICATION OFFICER 162579 0 15600 0 0 0 8805 0 17576 0 204560 0 0 0 KELLY J CASSARO CHIEF OF LEARNING 159599 0 14750 0 0 0 8225 0 16228 0 198802 0 0 0 SEAN SEGAL CEO - GENERATION LLC (US) 174705 0 15000 0 0 0 9268 0 15127 0 214100 0 0 0 PATRICK G MORTON COO INDIAN OCEAN 148212 0 8000 0 0 0 7875 0 7678 0 171765 0 0 0 ROMINA N PIERSANTI REGIONAL DIRECTOR CURRICULUM AND INS 133866 0 7100 0 0 0 6774 0 9488 0 157228 0 0 0 LOLA STEVENS GLOBAL DIRECTOR OF OPERATIONS 72711 0 0 0 62340 0 3441 0 14526 0 153018 0 0 0 PART I, LINE 4A LOLA STEVENS TERMINATED EMPLOYMENT DURING 2019 AND WAS PAID SEVERANCES TOTALING $49,038. PART I, LINE 7 SENIOR EMPLOYEES (TYPICALLY DIRECTOR-LEVEL AND ABOVE) MAY HAVE SOME OF THEIR TOTAL COMPENSATION IN THE FORM OF VARIABLE COMPENSATION OR AT-RISK PAYMENTS, CONTINGENT ON PERFORMANCE LEVEL AND/OR TARGETS. THE TOTAL COMPENSATION SHOULD STILL ADHERE TO THE COMPENSATION PRINCIPLES. TO REALIZE THE BONUS OR AT-RISK COMPENSATION, AN EMPLOYEE MUST ACHIEVE A HIGH PERFORMANCE LEVEL AND/OR TARGETS, AND BE EMPLOYED WITH GENERATION FOR A MINIMUM OF SIX MONTHS AS OF DECEMBER 31 OF THE CALENDAR YEAR. BONUS OR AT-RISK COMPENSATION WILL GENERALLY BE MADE NO LATER DECEMBER 31. BONUS OR AT-RISK COMPENSATION IS PROVIDED AT THE DISCRETION OF GENERATION GLOBAL, AND THE MANAGEMENT TEAM RESERVES THE RIGHT TO ADMINISTER, MODIFY OR TERMINATE THE PLAN GIVEN PREVAILING FINANCIAL AND OPERATIONAL CONDITIONS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE TAX RETURN IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE REQUIRED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST AND PERIODIC REVIEWS ARE DONE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS SETS THE COMPENSATION FOR THE CEO AND ALL KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART VI, LINE 11B A COPY OF THE TAX RETURN IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. PART VI, LINE 12C MEMBERS ARE REQUIRED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST AND PERIODIC REVIEWS ARE DONE. PART VI, LINE 15A THE BOARD OF DIRECTORS SET THE COMPENSATION FOR THE CEO AND ALL KEY EMPLOYEES PART VI, LINE 15B THE BOARD OF DIRECTORS SET THE COMPENSATION FOR THE CEO AND ALL KEY EMPLOYEES GENERATION US LCC 1616 H ST NW SUITE 820 WASHINGTON DC 20009 813041104 SAME AS CONTROLLING ENTITY DC 9046602 616038 GENERATION YOU EMPLOYED INC FONDAZIONE GENERATION ITALY VIA MAESTRI CAMPIONESI 27 MILANO MILAN IT 20135 SAME AS CONTROLLING ENTITY IT GENERATION YOU EMPLOYED INC 1 FUNDACION GENERATION SPAIN CALLE DE SAGASTA 33 MADRID MADRID SP 28004 SAME AS CONTROLLING ENTITY SP GENERATION YOU EMPLOYED INC 1 FOUNDATION FOR YOUTH EMPLOYMENT PAKISTAN 6/A ZAMAN PARK ROAD CANAL BANK LA LAHORE PUNJAB PK 54000 SAME AS CONTROLLING ENTITY PK GENERATION YOU EMPLOYED INC 1 GENERATION YOU EMPLOYED UK ONE HIGH STREET EGHAM SURREY EGHAM SURREY UK TW20 9HJ SAME AS CONTROLLING ENTITY UK GENERATION YOU EMPLOYED INC 1 GENERATION AUSTRALIA LTD LEVEL 15 60 STATION ST EAST PARRANATTA NEW SOUTH WALES AU SAME AS CONTROLLING ENTITY AU GENERATION YOU EMPLOYED INC 1 ASSOCIACAO GENERATION BRASIL R CONEGO EUGENIO LEITE 623 SAO PAULO BRAZIL BR 04514-011 SAME AS CONTROLLING ENTITY BR GENERATION YOU EMPLOYED INC 1 GENERATION PLUSTON EMPLOI 90 AVENUE DES SHAMPS ELYSEES PARIS ILE-DE-FRANCE FR 75008 SAME AS CONTROLLING ENTITY FR GENERATION YOU EMPLOYED INC 1 GENERATION YOU EMPLOYED (HK) LTD 40/F ICBC TOWER 3 GARDEN ROAD HONG KONG HONG KONG HK SAME AS CONTROLLING ENTITY HK GENERATION YOU EMPLOYED INC 1 GENERATION INDIA FOUNDATION 315 3RD FLOOR QUTUB PLAZA MARKET GURUGRAM HARYANA IN 22002 SAME AS CONTROLLING ENTITY IN GENERATION YOU EMPLOYED INC 1 CAREER READINESS SOCIAL INITIATIVE LTD ABC PLACE BLOCK D 4TH FLOOR WAIYA NAIROBI NAIROBI COUNTY KE SAME AS CONTROLLING ENTITY KE GENERATION YOU EMPLOYED INC C 2828647 748374 0.99000 1 FPMSI GENERATION MEXICO SERVICIOS SOCIEDAD ANONIMA DE CAPITAL VARIABLEANDN DINAMARCA 58 COL JUAREZ MEXICO CDMX MX 6600 SAME AS CONTROLLING ENTITY MX GENERATION YOU EMPLOYED INC C 2202050 1274840 1.00000 1 GENERATION YOU EMPLOYED SINGAPORE LTD 100 AMOY STREET SINGAPORE SINGAPORE SN SAME AS CONTROLLING ENTITY SN GENERATION YOU EMPLOYED INC C 422453 10114 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 GENERATION AUSTRALIA LTD B 226175 ACTUAL AMOUNT AWARDED ASSOCIACAO GENERATION BRASIL B 450000 ACTUAL AMOUNT AWARDED GENERATION PLUSTON EMPLOI B 600680 ACTUAL AMOUNT AWARDED GENERATION INDIA FOUNDATION B 599674 ACTUAL AMOUNT AWARDED FONDAZIONE GENERATIO ITALY B 165455 ACTUAL AMOUNT AWARDED FUNDACION GENERATION SPAIN B 947385 ACTUAL AMOUNT AWARDED GENERATION YOU EMPLOYED UK B 94095 ACTUAL AMOUNT AWARDED CAREER READINESS SOCIAL INITIATIVE LTD B 2387343 ACTUAL AMOUNT AWARDED FP MSI GENERATION MEXICO SERVICIOS B 1135101 ACTUAL AMOUNT AWARDED GENERATION YOU EMPLOYED SINGAPORE LTD B 251607 ACTUAL AMOUNT AWARDED GENERATION YOU EMPLOYED (HK) LTD B 41690 ACTUAL AMOUNT AWARDED GENERATION YOU EMPLOYED (HK) LTD S 177000 AFFILIATION FEE RECEIVED ASSOCIACAO GENERATION BRASIL S 98753 AFFILIATION FEE RECEIVED GENERATION AUSTRALIA LTD S 120000 AFFILIATION FEE RECEIVED GENERATION SINGAPORE LTD S 52500 AFFILIATION FEE RECEIVED