GENERATING INCOME FOR TOMORROW Charity Report

Public IRS 990 nonprofit record

GENERATING INCOME FOR TOMORROW

EIN 85-0935933 · Fund Raising & Fund Distribution - Community Improvement (S12)

What they do

to PROVIDE ASSISTANCE to MINORITY-OWNED BUSINESSES IN KANSAS CITY, MO LOW-INCOME AREAS IN THE FORM of BUSINESS GRANTS and BACK OFFICE BUSINESS SUPPORT SERVICES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

72.3%of expenses went to mission work114.90% of revenue

14.1%of expenses went to fundraising22.40% of revenue

$158.78spent for every $100 of revenueSpending was higher than revenue this year.

13.5%of expenses went to management and office costs21.50% of revenue

$0.13in assets for every $1 spent this yearSome assets cannot be spent right away.

104.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $612,437 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $137,278 for BRANDON CALLOWAY (CEO, PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100spent

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services72.3% of expenses114.90% of revenue

ManagementOffice and general costs13.5% of expenses21.50% of revenue

FundraisingAsking for donations14.1% of expenses22.40% of revenue

Total expenses158.80% of revenue

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202472.3% mission

202381.0% mission

202281.7% mission

202194.1% mission

202098.2% mission

Money in and money out

Revenue$1,041,895

Expenses$1,654,332

Annual shortfall $612,437 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,196,800 · 72.3% of expenses

Management and office costs$223,744 · 13.5% of expenses

Fundraising$233,788 · 14.1% of expenses

See all reported dollar amounts

Revenue$1,041,895

Expenses$1,654,332

Assets$218,162

Income$1,118,621

Contributions$1,085,481

Mission work (program services)$1,196,800

Fundraising$233,788

Grants given$1,669,732

Average grant$24,921

Management and general$223,744

Executive compensation (total)$11,723

Accounting fees$1,715

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BRANDON CALLOWAYCEO, PRESIDENT · 40 hrs/week $137,278Base $122,192 · Other $15,086

CORNELL GORMANCOO, VICE PRESIDENT · 40 hrs/week $125,986Base $111,462 · Other $14,524

KARIS HARRINGTONCPO, SECRETARY · 40 hrs/week $124,646Base $111,462 · Other $13,184

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

BRANDON CALLOWAYCEO, PRESIDENT

CORNELL GORMANCOO, VICE PRESIDENT

KARIS HARRINGTONCPO, SECRETARY

CYNTHIA BENBOWDIRECTOR

DESHAWN BURTONDIRECTOR

DJUAN LOVEBOARD CHAIR

EZE REDWOODDIRECTOR

RICK LEATHERSDIRECTOR

RYONDA HALLTREASURER

About this charity

Recognized since: January 2020
Location: 5008 PROSPECT AVE, KANSAS CITY, MO 64130
County: Jackson
In care of: BRANDON CALLOWAY
Primary officer: BRANDON CALLOWAY, CEO

How to reach them

WebsiteVisit the charity’s website Emailcontact@kansascitygift.org Phone(816) 766-7860

Filing and classification

Latest tax year: 2024
Tax period began: May 1, 2024
Return type: 990
Tax preparer: CBIZ ADVISORS LLC
NTEE classification: Fund Raising & Fund Distribution - Community Improvement (S12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes