GEN-ONE INC

CHARLOTTE, NC, 28215-3220 (413) 537-0492 Est. 2018 EIN 83-0933681

O50— Youth Development Form 990 501(c)(3)

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.

Financials

Total Revenue

$1,167,184

Total Expenses

$1,036,282

Net Assets

$1,525,030

9 employees 50 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

17.7 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 15.1%

Expenses ↑ 44.2%

Revenue Sources

Contributions 92.0% Investment 2.7% Other 5.0%

Expense Breakdown

Program 68.0% Management 21.4% Fundraising 10.6%

Officers & Key Employees (15)

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Grants Received (37)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990 Jul 1, 2024 to Jun 30, 2025	$1,167,184 ↑	$1,036,282	$1,525,030
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$1,013,967 ↑	$718,862	$1,394,128
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$829,757 ↑	$471,721	$1,099,023
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$560,557 ↑	$286,799	$740,987
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$356,990 ↑	$214,194	$467,229
2019 Form 990 Jul 1, 2019 to Jun 30, 2020	$242,783 ↓	$165,796	$234,433
2018 Form 990 Jul 1, 2018 to Jun 30, 2019	$257,794	$100,348	$157,446