Quick charity verification for Genesis Radio Network Inc (EIN: 202307367)
Verdict: Genesis Radio Network Inc appears trustworthy
85/100Mission Score
$1.2MRevenue
$2.0MAssets
1Red Flags
3Strengths
Red Flags
Occasional periods where expenses exceed revenue, such as in 2023 ($1,429,005 expenses vs. $1,391,974 revenue) and 2020 ($1,453,553 expenses vs. $1,191,199 revenue), suggesting tight operating margins.
Strengths
Consistent reporting of 0% officer compensation across all filings, demonstrating strong financial transparency and mission focus.
Stable asset base, consistently around $2 million, providing a solid financial foundation.
Long history of IRS 990 filings (12 filings), indicating consistent compliance and transparency.
Spending Breakdown
How Genesis Radio Network Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Radio Network Inc
Is Genesis Radio Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Genesis Radio Network Inc (EIN: 202307367) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Genesis Radio Network Inc a good charity to donate to?
Genesis Radio Network Inc has a Mission Score of 85/100. Revenue: $1.2M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Genesis Radio Network Inc?
The Employer Identification Number (EIN) for Genesis Radio Network Inc is 202307367. 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 Radio Network Inc spend its money?
Genesis Radio Network Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Genesis Radio Network Inc's tax-exempt status?
You can verify Genesis Radio Network Inc's tax-exempt status using EIN 202307367 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 Radio Network Inc. demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade. While the organization's assets have remained relatively stable, hovering around $2 million, there have been periods where expenses exceeded revenue, such as in 2023 ($1,429,005 expenses vs. $1,391,974 revenue) and 2020 ($1,453,553 expenses vs. $1,191,199 revenue). This indicates a need for careful financial management to maintain long-term sustainability. The consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of transparency and a focus on mission over executive pay.
The organization's financial health appears stable, with sufficient assets to cover liabilities. However, the fluctuating revenue and expense figures suggest that the organization operates on relatively thin margins. The absence of reported officer compensation enhances its transparency profile, indicating that resources are not being diverted to high executive salaries. Further analysis of program spending versus administrative and fundraising costs would provide a more complete picture of spending efficiency, but the available data points to a fiscally conservative approach regarding leadership compensation.