GENERATIONAL WEALTH EDUCATORS: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
GENERATIONAL WEALTH EDUCATORS (EIN 87-0898692)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-15
IRS object ID
202501359349206505
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-15T12:25:54-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN815169849PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AttoleroBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19508 Devonshire DriveAddressLine1Txt
CityHuntersvilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28078ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN870898692EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Generational Wealth EducatorsBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGENEBusinessNameControlTxt
Phone9802084043PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11213 W Morehead St Ste 500AddressLine1Txt
CityCharlotteCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28208ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDEJA HALLPersonNm
Person TitlePresidentPersonTitleTxt
Signature2025-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRobert BalesPreparerPersonNm
PTINP02160108PTIN
Phone7046412949PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website Addresshttp://www.gweducators.com/WebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$164,577GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$27,850ContributionsGiftsGrantsEtcAmt
Program Service Revenue$900ProgramServiceRevenueAmt
Investment Income$6InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$135,821FundraisingGrossIncomeAmt
Special Events Direct Expenses$41,034SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$94,787SpecialEventsNetIncomeLossAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$123,543TotalRevenueAmt
Grants And Similar Amounts Paid$3,100GrantsAndSimilarAmountsPaidAmt
Salaries Other Comp Empl Bnft$39,110SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$3,153FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$1,418PrintingPublicationsPostageAmt
Other Expenses Total$87,544OtherExpensesTotalAmt
Total Expenses$134,325TotalExpensesAmt
Excess Or Deficit For Year-$10,782ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$43,382NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$7,752OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$40,352NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$43,382BOYAmt
EOY$40,197EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
EOY$155EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$43,382BOYAmt
EOY$40,352EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$43,382BOYAmt
EOY$40,352EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeGenerational Wealth Educators (GWE) empowers low- to moderate-income families to break generational curses and build generational wealth through immersive virtual reality learning.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomGWE HELPS FAMILIES CREATE GENERATIONAL LEGACIES BY PROMOTING FINANCIAL AND MENTAL WELLNESS, INVESTING, AND HOMEOWNERSHIP TO UNDERSERVED COMMUNITIES. DURING 2024 THE ORGANIZATION SERVED 408 YOUTH AND ADULTS.DescriptionProgramSrvcAccomTxt
Program Service Expenses$79,888ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$79,888TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Jasmine Hall
CEO40.00$36,510
Deja Hall
President2.00$2,600
Jhade Douglas
Vice President2.00$0
Nia Goodman
Secretary2.00$0
Taylor Hart
Director2.00$0
Jasmine Marion
Director2.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJoyce and CompanyPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1104 Brady CourtAddressLine1Txt
CityCaryCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27511ZIPCd
FieldValueIRS element (for citing)
Phone9194660946PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$3,855CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$236CurrentTaxYearMinus1YearAmt
Current Tax Year$163,471CurrentTaxYearAmt
Total$167,562TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year$900CurrentTaxYearAmt
Total$900TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$3,855CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$236CurrentTaxYearMinus1YearAmt
Current Tax Year$164,371CurrentTaxYearAmt
Total$168,462TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$168,462PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year$6CurrentTaxYearAmt
Total$6TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year$6CurrentTaxYearAmt
Total$6TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4CurrentTaxYearMinus1YearAmt
Total$5TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$3,856CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$240CurrentTaxYearMinus1YearAmt
Current Tax Year$164,377CurrentTaxYearAmt
Total$168,473TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind
Public Support CY5090.00000PublicSupportCY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Stadium SalesEvent1Nm
Gross Receipts Event1$135,821GrossReceiptsEvent1Amt
Gross Revenue Event1$135,821GrossRevenueEvent1Amt
Other Direct Expenses Event1$41,034OtherDirectExpensesEvent1Amt
Gross Receipts Total$135,821GrossReceiptsTotalAmt
Gross Revenue Total Events$135,821GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$41,034OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$41,034DirectExpenseSummaryEventsAmt
Net Income Summary$94,787NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (18 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Other Expenses.1001Advertising and Promotion $1931
Other Expenses.1002Office Expenses $10944
Other Expenses.1012Insurance $2623
Other Expenses.1Professional Services $52897
Other Expenses.2Program Expenses $5640
Other Expenses.3Operational Expenses $4033
Other Expenses.4Fundraising fees $3050
Other Expenses.5Legal and Consulting Services $2300
Other Expenses.6Telephone & TV services $1316
Other Expenses.8Organizational Consult&Coachin $800
Other Expenses.9Website Services $519
Other Expenses.10Fundraising Services $413
Other Expenses.11Travel, Meals & Ent. Expenses $398
Other Expenses.12QuickBooks Payments Fees $340
Other Expenses.14Training $159
Other Expenses.15Awads & Grants (Gift Cards) $125
Other Expenses.16Melio services fee $56
Other Assets.1Payments to deposit - Beginning $0 Payments to deposit - Ending $155

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