Genesco Long Term Disability Income Protection Plan
EIN: 621095621 · Nashville, TN
| Metric | Value |
|---|---|
| Total Revenue | $503K |
| Total Expenses | $259K |
| Net Assets | $1.7M |
Is Genesco Long Term Disability Income Protection Plan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Genesco Long Term Disability Income Protection Plan
Genesco Long Term Disability Income Protection Plan (EIN: 621095621) is a nonprofit organization based in Nashville, TN. The organization reported total revenue of $503K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Genesco Long Term Disability Income Protection Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Genesco Long Term Disability Income Protection Plan is a small nonprofit that has been operating for 34 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $490K |
| Total Expenses | $259K |
| Surplus / Deficit | +$231K |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | 47.1% |
| Months of Reserves | 80.4 months |
Financial Health Grade: A
In 2023, Genesco Long Term Disability Income Protection Plan reported a surplus of $231K with revenue exceeding expenses, holds 80.4 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Genesco Long Term Disability Income Protection Plan's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | +5.4% | -19.1% |
| 2021 | +19.7% | +7.4% | +12.1% |
| 2020 | -22.3% | -18.7% | +8.9% |
| 2019 | +90.7% | -24.3% | +15.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Genesco Long Term Disability Income Protection Plan has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Genesco Long Term Disability Income Protection Plan with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $231K, with revenue exceeding expenses.
Frequently Asked Questions about Genesco Long Term Disability Income Protection Plan
Is Genesco Long Term Disability Income Protection Plan a legitimate charity?
Genesco Long Term Disability Income Protection Plan (EIN: 621095621) is a registered tax-exempt nonprofit based in Tennessee. It has 14 years of IRS 990 filings on record. Total revenue: $503K. No red flags identified. Financial health grade: A.
How does Genesco Long Term Disability Income Protection Plan spend its money?
Genesco Long Term Disability Income Protection Plan reported $503K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Genesco Long Term Disability Income Protection Plan tax-deductible?
Genesco Long Term Disability Income Protection Plan is registered as a tax-exempt nonprofit (EIN: 621095621). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Genesco Long Term Disability Income Protection Plan located?
Genesco Long Term Disability Income Protection Plan is headquartered in Nashville, Tennessee and files with the IRS under EIN 621095621.
How many years of IRS 990 filings does Genesco Long Term Disability Income Protection Plan have?
Genesco Long Term Disability Income Protection Plan has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $503K in total revenue.
Filing History
IRS 990 filing history for Genesco Long Term Disability Income Protection Plan showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Genesco Long Term Disability Income Protection Plan's revenue has grown by 33.5%, moving from $367K to $490K. Total assets increased by 35% over the same period, from $1.3M to $1.7M. Total functional expenses fell by 15.9%, from $308K to $259K. In its most recent filing year (2023), Genesco Long Term Disability Income Protection Plan reported a surplus of $231K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $490K | $259K | $1.7M | $0 | — | — |
| 2022 | $0 | $263K | $1.5M | $0 | — | View 990 |
| 2021 | $451K | $250K | $1.9M | $4K | — | View 990 |
| 2020 | $377K | $233K | $1.7M | $4K | — | — |
| 2019 | $485K | $286K | $1.5M | $13K | — | View 990 |
| 2018 | $254K | $378K | $1.3M | $7K | — | View 990 |
| 2017 | $468K | $396K | $1.4M | $8K | — | View 990 |
| 2016 | $388K | $388K | $1.4M | $37K | — | View 990 |
| 2015 | $317K | $406K | $1.4M | $8K | — | View 990 |
| 2014 | $410K | $372K | $1.5M | $7K | — | View 990 |
| 2013 | $402K | $280K | $1.4M | $13K | — | View 990 |
| 2012 | $376K | $302K | $1.3M | $7K | — | View 990 |
| 2011 | $264K | $323K | $1.2M | $12K | — | View 990 |
| 2010 | $367K | $308K | $1.3M | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $490K, expenses of $259K, and assets of $1.7M.
- 2022: Revenue of $0, expenses of $263K, and assets of $1.5M (revenue -100.0% year-over-year).
- 2021: Revenue of $451K, expenses of $250K, and assets of $1.9M (revenue +19.7% year-over-year).
- 2020: Revenue of $377K, expenses of $233K, and assets of $1.7M (revenue -22.3% year-over-year).
- 2019: Revenue of $485K, expenses of $286K, and assets of $1.5M (revenue +90.7% year-over-year).
- 2018: Revenue of $254K, expenses of $378K, and assets of $1.3M (revenue -45.7% year-over-year).
- 2017: Revenue of $468K, expenses of $396K, and assets of $1.4M (revenue +20.8% year-over-year).
- 2016: Revenue of $388K, expenses of $388K, and assets of $1.4M (revenue +22.5% year-over-year).
- 2015: Revenue of $317K, expenses of $406K, and assets of $1.4M (revenue -22.7% year-over-year).
- 2014: Revenue of $410K, expenses of $372K, and assets of $1.5M (revenue +2.0% year-over-year).
- 2013: Revenue of $402K, expenses of $280K, and assets of $1.4M (revenue +6.9% year-over-year).
- 2012: Revenue of $376K, expenses of $302K, and assets of $1.3M (revenue +42.2% year-over-year).
- 2011: Revenue of $264K, expenses of $323K, and assets of $1.2M (revenue -28.1% year-over-year).
- 2010: Revenue of $367K, expenses of $308K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Genesco Long Term Disability Income Protection Plan:
Data Sources and Methodology
This transparency report for Genesco Long Term Disability Income Protection Plan is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.