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GEN2050 INC

HOLLYWOOD, Florida, 33020

EIN: 85-2048638

Youth Development

MISSION

INSPIRING YOUTH TO EMBRACE ENTERPRENEURSHIP, LEADERSHIP, ENVIROMENTAL STEWARDSHIP, STEM AND SOCIAL RESPONSIBILITY.

 FORM 1023-EZ for GEN2050 INC

WWW.GEN2050.COM

DEMOGRAPHIC

ADDRESS
2651 MONROE ST
33020
COUNTY
broward county, FL
IN CARE OF NAME
LINDA P FREEMAN

ORGANIZATIONAL OVERVIEW & RANKINGS

GEN2050 INC is a based in HOLLYWOOD, FL, focused on Youth Development causes , specifically Youth Development - Business. Established in September 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,024,252 among 2,656,690 nonprofits nationally (Top 39%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 75,068 out of 155,377 organizations in FL (Top 49%).

In broward county, FL, the organization ranks 6,312 out of 15,370 nonprofits by assets (Top 41%), while locally in hollywood, it stands at 597 among 1,227 organizations (Top 48%).

The organization reported no revenue in the most recent filing period, placing it at 1,317,478 nationally and 67,696 in FL.

Within its specific NTEE classification (O53 - O: Youth Development), which includes 1,110 similar organizations, GEN2050 INC ranks 684 in assets (Top 62%) and 661 in revenue (Top 60%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at WWW.GEN2050.COM.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
O: Youth Development
NTEE CODE
O53: Youth Development - Business
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2020
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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