Genesee Community Charter School
Genesee Community Charter School consistently spends more than it earns, drawing down assets while reporting no officer compensation.
EIN: 161593234 · Rochester, NY · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $3.9M |
| Program Spending | 90% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Genesee Community Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Genesee Community Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Genesee Community Charter School
Genesee Community Charter School (EIN: 161593234) is a nonprofit organization based in Rochester, NY, classified under NTEE code B24. The organization reported total revenue of $3.9M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Genesee Community Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Genesee Community Charter School is a mid-size nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-381,641 |
| Total Assets | $2.2M |
| Total Liabilities | $963K |
| Net Assets | $1.2M |
| Operating Margin | -11.0% |
| Debt-to-Asset Ratio | 44.0% |
| Months of Reserves | 6.8 months |
Financial Health Grade: B
In 2023, Genesee Community Charter School reported a deficit of $382K with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 44.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Genesee Community Charter School's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.7% | +2.4% | -3.6% |
| 2022 | +14.5% | +10.4% | -6.0% |
| 2021 | -2.5% | +2.6% | -0.3% |
| 2020 | -6.0% | -2.5% | -2.2% |
| 2019 | +5.6% | +0.6% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Genesee Community Charter School with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Genesee Community Charter School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $382K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through mechanisms not categorized as officer compensation on the IRS 990, which is highly favorable for directing funds to the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Genesee Community Charter School's IRS 990 filings:
- Consistent trend of expenses exceeding revenue in recent years (e.g., 202306 expenses $3,854,899 vs. revenue $3,473,258).
- Decreasing asset base over time, from $2,739,167 in 201506 to $2,186,743 in 202306.
- Increase in liabilities to $962,852 in 202306, the highest reported in the last decade.
Strengths
The following positive indicators were identified for Genesee Community Charter School:
- Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
- Clear mission alignment with NTEE code B24 (Elementary & Secondary Schools).
- Long history of consistent operation and filing with the IRS (12 filings).
Frequently Asked Questions about Genesee Community Charter School
Is Genesee Community Charter School a legitimate charity?
Genesee Community Charter School (EIN: 161593234) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $3.9M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Genesee Community Charter School spend its money?
Genesee Community Charter School directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Genesee Community Charter School tax-deductible?
Genesee Community Charter School is registered as a tax-exempt nonprofit (EIN: 161593234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Genesee Community Charter School's spending goes to programs?
Genesee Community Charter School directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Genesee Community Charter School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Genesee Community Charter School is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Genesee Community Charter School located?
Genesee Community Charter School is headquartered in Rochester, New York and files with the IRS under EIN 161593234. It is classified under NTEE code B24.
How many years of IRS 990 filings does Genesee Community Charter School have?
Genesee Community Charter School has 12 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 $3.9M in total revenue.
How does Genesee Community Charter School cover its recurring operational deficits, given that expenses frequently exceed revenue?
The organization appears to cover its operational deficits by drawing down on its assets, which have decreased from $2,739,167 in 201506 to $2,186,743 in 202306, or through other unstated funding mechanisms.
What is the long-term strategy for financial sustainability given the trend of expenses exceeding revenue?
The filings do not explicitly detail a long-term strategy, but the consistent deficit spending suggests a need for either increased revenue generation or expense reduction to ensure sustainability.
Are there any plans to address the increase in liabilities, which rose to $962,852 in 202306?
The filings do not provide specific plans regarding the increase in liabilities, but this trend warrants attention as it could impact the organization's financial flexibility.
How does the organization maintain its operations without reporting any officer compensation?
The absence of reported officer compensation suggests that leadership may be volunteer-based or compensated through non-officer roles, which is a strong indicator of efficient resource allocation towards program services.
Filing History
IRS 990 filing history for Genesee Community Charter School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Genesee Community Charter School's revenue has grown by 29.5%, moving from $2.7M to $3.5M. Total assets decreased by 6.9% over the same period, from $2.3M to $2.2M. Total functional expenses rose by 43.2%, from $2.7M to $3.9M. In its most recent filing year (2023), Genesee Community Charter School reported a deficit of $382K, with expenses exceeding revenue. The organization holds $963K in liabilities against $2.2M in assets (debt-to-asset ratio: 44.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.9M | $2.2M | $963K | — | View 990 |
| 2022 | $3.6M | $3.8M | $2.3M | $707K | — | View 990 |
| 2021 | $3.2M | $3.4M | $2.4M | $498K | — | — |
| 2020 | $3.3M | $3.3M | $2.4M | $412K | — | View 990 |
| 2019 | $3.5M | $3.4M | $2.5M | $460K | — | View 990 |
| 2018 | $3.3M | $3.4M | $2.4M | $483K | — | View 990 |
| 2017 | $3.1M | $3.1M | $2.4M | $460K | — | View 990 |
| 2016 | $3.0M | $3.0M | $2.3M | $402K | — | View 990 |
| 2015 | $2.9M | $3.1M | $2.7M | $860K | — | View 990 |
| 2014 | $2.9M | $2.8M | $2.7M | $464K | — | View 990 |
| 2013 | $2.8M | $2.8M | $2.4M | $402K | — | View 990 |
| 2012 | $2.7M | $2.7M | $2.3M | $408K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.9M, and assets of $2.2M (revenue -4.7% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.8M, and assets of $2.3M (revenue +14.5% year-over-year).
- 2021: Revenue of $3.2M, expenses of $3.4M, and assets of $2.4M (revenue -2.5% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.3M, and assets of $2.4M (revenue -6.0% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.4M, and assets of $2.5M (revenue +5.6% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.4M, and assets of $2.4M (revenue +5.7% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.1M, and assets of $2.4M (revenue +3.8% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.0M, and assets of $2.3M (revenue +2.6% year-over-year).
- 2015: Revenue of $2.9M, expenses of $3.1M, and assets of $2.7M (revenue +0.5% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.8M, and assets of $2.7M (revenue +5.6% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.8M, and assets of $2.4M (revenue +2.6% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.7M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Genesee Community Charter School:
Data Sources and Methodology
This transparency report for Genesee Community Charter School 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.