Genesis And Light Center
EIN: 363840086 · Jackson, MS · NTEE: P20Z
| Metric | Value |
|---|---|
| Total Revenue | $445K |
| Total Expenses | $991K |
| Net Assets | $1.4M |
Is Genesis And Light Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Genesis And Light Center
Genesis And Light Center (EIN: 363840086) is a nonprofit organization based in Jackson, MS, classified under NTEE code P20Z. The organization reported total revenue of $445K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Genesis And Light Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Genesis And Light Center is a small nonprofit that has been operating for 32 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $528K |
| Total Expenses | $991K |
| Surplus / Deficit | $-463,407 |
| Total Assets | $1.7M |
| Total Liabilities | $332K |
| Net Assets | $1.4M |
| Operating Margin | -87.8% |
| Debt-to-Asset Ratio | 19.0% |
| Months of Reserves | 21.1 months |
Financial Health Grade: B
In 2023, Genesis And Light Center reported a deficit of $463K with expenses exceeding revenue, holds 21.1 months of operating reserves (strong position), has a debt-to-asset ratio of 19.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Genesis And Light Center's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.2% | +60.4% | +16.3% |
| 2022 | +73.8% | +82.8% | +41.4% |
| 2021 | +58.6% | +37.7% | +20.8% |
| 2020 | -2.4% | +7.7% | +19.0% |
| 2019 | +5.1% | -5.4% | +21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Genesis And Light Center 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 Genesis And Light Center 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 deficit of $463K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.0%.
Frequently Asked Questions about Genesis And Light Center
Is Genesis And Light Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Genesis And Light Center (EIN: 363840086) insufficient data. 0 red flags identified, 0 strengths noted.
How does Genesis And Light Center spend its money?
Detailed spending breakdown data is not yet available for Genesis And Light Center. Check back for updated IRS 990 analysis.
Are donations to Genesis And Light Center tax-deductible?
Genesis And Light Center is registered as a tax-exempt nonprofit (EIN: 363840086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Genesis And Light Center located?
Genesis And Light Center is headquartered in Jackson, Mississippi and files with the IRS under EIN 363840086. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Genesis And Light Center have?
Genesis And Light Center has 9 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 $445K in total revenue.
Filing History
IRS 990 filing history for Genesis And Light Center showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Genesis And Light Center's revenue has grown by 86.2%, moving from $284K to $528K. Total assets increased by 239.3% over the same period, from $515K to $1.7M. Total functional expenses rose by 373%, from $210K to $991K. In its most recent filing year (2023), Genesis And Light Center reported a deficit of $463K, with expenses exceeding revenue. The organization holds $332K in liabilities against $1.7M in assets (debt-to-asset ratio: 19.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $528K | $991K | $1.7M | $332K | — | View 990 |
| 2022 | $706K | $618K | $1.5M | $342K | — | View 990 |
| 2021 | $406K | $338K | $1.1M | $86K | — | View 990 |
| 2020 | $256K | $245K | $880K | $106K | — | View 990 |
| 2019 | $262K | $228K | $740K | $0 | — | View 990 |
| 2018 | $250K | $241K | $611K | $0 | — | View 990 |
| 2017 | $190K | $175K | $30K | $0 | — | View 990 |
| 2016 | $157K | $131K | $19K | $0 | — | View 990 |
| 2011 | $284K | $210K | $515K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $528K, expenses of $991K, and assets of $1.7M (revenue -25.2% year-over-year).
- 2022: Revenue of $706K, expenses of $618K, and assets of $1.5M (revenue +73.8% year-over-year).
- 2021: Revenue of $406K, expenses of $338K, and assets of $1.1M (revenue +58.6% year-over-year).
- 2020: Revenue of $256K, expenses of $245K, and assets of $880K (revenue -2.4% year-over-year).
- 2019: Revenue of $262K, expenses of $228K, and assets of $740K (revenue +5.1% year-over-year).
- 2018: Revenue of $250K, expenses of $241K, and assets of $611K (revenue +31.4% year-over-year).
- 2017: Revenue of $190K, expenses of $175K, and assets of $30K (revenue +21.0% year-over-year).
- 2016: Revenue of $157K, expenses of $131K, and assets of $19K (revenue -44.6% year-over-year).
- 2011: Revenue of $284K, expenses of $210K, and assets of $515K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Genesis And Light Center:
Data Sources and Methodology
This transparency report for Genesis And Light Center 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.