Quick charity verification for Genera Corporation (EIN: 20441757)
Verdict: Genera Corporation appears trustworthy
85/100Mission Score
$165KRevenue
$3.5MAssets
2Red Flags
4Strengths
Red Flags
NTEE Code is unknown, making it difficult to categorize and compare the organization's mission and impact.
Significant revenue fluctuation in 2021 without clear explanation in provided data, potentially indicating reliance on sporadic large contributions.
Strengths
Consistent reporting of 0% officer compensation, indicating strong financial stewardship and low administrative burden.
Substantial and growing asset base, increasing from $1.8 million in 2014 to $3.5 million in 2023, demonstrating financial stability.
Expenses generally well below or in line with revenue, indicating responsible spending.
Low liabilities in most years, suggesting good financial health and minimal debt.
Spending Breakdown
How Genera Corporation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Genera Corporation
Is Genera Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Genera Corporation (EIN: 20441757) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Genera Corporation a good charity to donate to?
Genera Corporation has a Mission Score of 85/100. Revenue: $165K. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Genera Corporation?
The Employer Identification Number (EIN) for Genera Corporation is 20441757. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Genera Corporation spend its money?
Genera Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Genera Corporation's tax-exempt status?
You can verify Genera Corporation's tax-exempt status using EIN 20441757 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Genera Corporation demonstrates consistent financial stability with substantial assets relative to its annual expenses. While revenue has fluctuated, notably a spike in 2021 to $1,810,608, the organization generally operates with revenues around $100,000-$120,000. Expenses have remained relatively stable, typically in the $110,000-$180,000 range. The organization's asset base has grown significantly over the past decade, from $1,828,728 in 2014 to $3,536,708 in 2023, indicating sound financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which is a positive indicator for donor confidence regarding administrative overhead.
However, without detailed expense breakdowns (program, administrative, fundraising) from the provided data, it's challenging to fully assess spending efficiency. The organization's liabilities have generally been low, though there was a notable increase to $143,846 in 2023, which warrants further investigation into its nature. The lack of officer compensation is a strong point for transparency and efficiency, but the absence of an NTEE code and detailed program descriptions in the provided data limits a full understanding of its mission effectiveness.
Overall, Genera Corporation appears to be a financially stable organization with a growing asset base and a commitment to minimizing executive compensation. The primary area for further analysis would be the detailed allocation of its expenses to understand its program delivery efficiency.