Strong asset base, reaching $4,021,783 in 2023, with zero reported liabilities in recent years, demonstrating financial solvency.
Significant positive net income in some years (e.g., $2,067,776 revenue vs. $1,058,461 expenses in 2023), allowing for asset growth or future program investment.
Spending Breakdown
How Genesis Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Genesis Foundation
Is Genesis Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Genesis Foundation (EIN: 203076391) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Genesis Foundation a good charity to donate to?
Genesis Foundation has a Mission Score of 85/100. Revenue: $182K. Assets: $3.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Genesis Foundation?
The Employer Identification Number (EIN) for Genesis Foundation is 203076391. 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 Genesis Foundation spend its money?
Genesis Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Genesis Foundation's tax-exempt status?
You can verify Genesis Foundation's tax-exempt status using EIN 203076391 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
The Genesis Foundation exhibits highly volatile financial performance, with revenue fluctuating dramatically year-over-year. For instance, revenue jumped from $31,011 in 2022 to $2,067,776 in 2023, after a peak of $3,503,554 in 2021. Despite these swings, the organization consistently maintains substantial assets, reaching $4,021,783 in 2023, with zero reported liabilities in recent years, indicating strong financial solvency. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay and potentially a volunteer-led or very lean leadership structure. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The significant disparity between revenue and expenses in some years (e.g., $2,067,776 revenue vs. $1,058,461 expenses in 2023) suggests either substantial reserves are being built or large capital expenditures, which would require further investigation to fully understand the financial strategy and impact.