Unusually low expenses relative to revenue in recent years, potentially indicating significant funds held in reserve or not fully expended on mission-related activities within the reporting period.
Consistent 0% officer compensation, which is highly atypical for an organization of this scale and could mask compensation structures or volunteer reliance that needs clarification.
Significant and consistent asset growth, from $4.5 million in 2014 to over $17.2 million in 2023, indicating robust financial health and capacity.
Very low reported expenses relative to revenue in recent years, suggesting efficient operations or substantial reinvestment into assets.
No reported officer compensation, which, if genuinely reflective of operations, indicates a strong commitment to directing funds to the mission.
Spending Breakdown
How Genesis Housing Services allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Genesis Housing Services
Is Genesis Housing Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Genesis Housing Services (EIN: 201376916) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Genesis Housing Services a good charity to donate to?
Genesis Housing Services has a Mission Score of 85/100. Revenue: $1.6M. Assets: $16.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Genesis Housing Services?
The Employer Identification Number (EIN) for Genesis Housing Services is 201376916. 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 Housing Services spend its money?
Genesis Housing Services allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Genesis Housing Services's tax-exempt status?
You can verify Genesis Housing Services's tax-exempt status using EIN 201376916 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
Genesis Housing Services demonstrates a strong financial position with significant asset growth over the past few years. In 2023, the organization reported substantial revenue of $6,303,448, far exceeding its expenses of $509,776, indicating a healthy surplus. This trend of revenue significantly outpacing expenses is also evident in 2022, with $2,778,536 in revenue against $635,153 in expenses. The organization's assets have grown impressively from $4,503,310 in 2014 to $17,268,272 in 2023, suggesting effective financial management and potentially significant capital investments in its mission. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards programs rather than executive salaries, which is a positive indicator of financial efficiency and transparency. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The large difference between revenue and expenses in recent years warrants further investigation into how these surpluses are being utilized or reserved.