2024 United States Annual Report

What this report covers

This report describes the programs and financial activity attributed to Favored Generation’s United States entity for the year 1 January to 31 December 2024. All figures are stated in United States dollars. Figures for the Canadian entity are reported separately and are not additive with these totals.

2024 at a glance

As published in this report:

• 500+ households reached
• 100+ youth and women mentored
• 90+ volunteers engaged
• 2,000+ total event participants
• 80+ sessions reported under the heading “mental health sessions”
• Community outreach in Lagos, Nigeria
• USD 11,730.19 raised

Note on the wellbeing sessions. The report counts these as “mental health sessions”. Whether each was delivered by an appropriately qualified professional is being confirmed. Favored Generation does not provide therapy, counselling or clinical care under a community-programme label, and this figure should not be read as clinical service delivery until that confirmation is published.

Note on the currency label. The published report labels this total “Funds Raised (CAD)”. The figure belongs to the United States entity and is stated in United States dollars. The label is being corrected.

Financial summary

Statement of activity, 1 January to 31 December 2024

Item	USD
Donations	11,730.19
Total income	11,730.19
Contract labor	6,327.42
Travel	1,719.51
Event catering	945.00
Bank fees	202.86
Supplies	43.98
Total expenses	9,238.77
Net income	2,491.42
Net assets	2,975.42

The expenditure lines add to the stated total of 9,238.77, and income less expenses equals the stated net income of 2,491.42. The figures in this report reconcile.

Basis of accounting and external involvement

The financial information is prepared on an accrual basis, generated 13 October 2025.

This report does not name an accountant, compiler or auditor. It should not be described as audited, reviewed or compiled.

Registration

Favored Generation holds 501(c)(3) status in the United States. EIN 93-3319325.

Note on the entity description. The “About Favored Generation” section of this report describes the organization as a registered charity in Canada. That description belongs to the Canadian entity. The United States entity is a 501(c)(3) organization, and the wording is being corrected.