Quick charity verification for Project Genesis Inc (EIN: 133718952)
Verdict: Project Genesis Inc appears trustworthy
85/100Mission Score
$283KRevenue
$134KAssets
1Red Flags
3Strengths
Red Flags
Occasional operating deficits, such as in 202312 where expenses ($304,753) exceeded revenue ($297,364), could impact long-term financial stability if not managed.
Strengths
Consistent 0% officer compensation across all filings, demonstrating exceptional financial efficiency and dedication to mission.
Significant revenue growth over the past decade, from $100,611 in 201412 to $297,364 in 202312.
How Project Genesis Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Project Genesis Inc
Is Project Genesis Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Project Genesis Inc (EIN: 133718952) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Project Genesis Inc a good charity to donate to?
Project Genesis Inc has a Mission Score of 85/100. Revenue: $283K. Assets: $134K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Project Genesis Inc?
The Employer Identification Number (EIN) for Project Genesis Inc is 133718952. 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 Project Genesis Inc spend its money?
Project Genesis Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Project Genesis Inc's tax-exempt status?
You can verify Project Genesis Inc's tax-exempt status using EIN 133718952 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
Project Genesis Inc demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. In the most recent filing (202312), the organization reported revenues of $297,364 against expenses of $304,753, indicating a slight deficit for the period. This trend of expenses sometimes exceeding revenue is observed in several years, such as 201912 and 201812, suggesting a need for careful financial management to maintain long-term sustainability. The organization's assets have shown growth, reaching $70,967 in 202312, which is a positive indicator of building capacity. A notable aspect of Project Genesis Inc's financial structure is the consistent reporting of 0% officer compensation across all available filings, which speaks to a high degree of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances its transparency and trustworthiness.