Quick charity verification for Genesis One Foundation (EIN: 201650135)
Verdict: Genesis One Foundation shows mixed signals
45/100Mission Score
$1.0MRevenue
$3.0MAssets
3Red Flags
3Strengths
Red Flags
Extremely low expense-to-revenue ratio, raising questions about programmatic spending.
Significant asset accumulation without clear corresponding programmatic expenditures.
Lack of detailed information on how accumulated assets will be used for mission fulfillment.
Strengths
Consistent reporting of 0% officer compensation, indicating strong financial transparency in this area.
Strong revenue growth, particularly in recent years, demonstrating fundraising capability.
Minimal liabilities reported across all periods, indicating sound financial management of debt.
Spending Breakdown
How Genesis One Foundation allocates its funds across programs, administration, and fundraising.
10%
Program Spending
Concerning — less than half to programs
80%
Admin Costs
High — over 25% on administration
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 One Foundation
Is Genesis One Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Genesis One Foundation (EIN: 201650135) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
Is Genesis One Foundation a good charity to donate to?
Genesis One Foundation has a Mission Score of 45/100. Revenue: $1.0M. Assets: $3.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Genesis One Foundation?
The Employer Identification Number (EIN) for Genesis One Foundation is 201650135. 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 One Foundation spend its money?
Genesis One Foundation allocates 10% to programs, 80% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Genesis One Foundation's tax-exempt status?
You can verify Genesis One Foundation's tax-exempt status using EIN 201650135 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 One Foundation demonstrates a unique financial profile, characterized by significant revenue growth in recent years, particularly in 2023 where revenue reached $1,509,591. Despite this substantial income, the organization consistently reports remarkably low expenses. For instance, in 2023, expenses were only $103,164 against over $1.5 million in revenue. This pattern suggests that a large portion of its revenue is being retained and added to its assets, which have grown from $264,744 in 2011 to $2,447,829 in 2023. The consistent reporting of $0 in officer compensation across all available filings indicates a high degree of transparency regarding executive pay and a potential reliance on volunteer leadership or very low administrative overhead. However, the extremely low expense-to-revenue ratio raises questions about the direct programmatic spending and impact relative to the funds raised, as most of the income appears to be accumulating as assets rather than being disbursed for programs.