Genesis Associates Inc
EIN: 820479588 · Coeur D Alene, ID · NTEE: O99
| Metric | Value |
|---|---|
| Total Expenses | $191K |
| Net Assets | $11K |
Is Genesis Associates Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Genesis Associates Inc
Genesis Associates Inc (EIN: 820479588) is a nonprofit organization based in Coeur D Alene, ID, classified under NTEE code O99. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Genesis Associates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Genesis Associates Inc is a small nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $191K |
| Surplus / Deficit | $-31,826 |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | -20.0% |
| Months of Reserves | 0.7 months |
Financial Health Grade: C
In 2024, Genesis Associates Inc reported a deficit of $32K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2024), Genesis Associates Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -7.2% | -3.5% | -76.7% |
| 2023 | -11.1% | +0.9% | -37.9% |
| 2022 | -2.3% | -0.8% | -4.6% |
| 2021 | -10.9% | +1.6% | +0.1% |
| 2020 | +6.5% | -5.5% | +48.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Genesis Associates Inc 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 Associates Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
Frequently Asked Questions about Genesis Associates Inc
Is Genesis Associates Inc a legitimate charity?
Genesis Associates Inc (EIN: 820479588) is a registered tax-exempt nonprofit based in Idaho. It has 14 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Genesis Associates Inc spend its money?
Genesis Associates Inc reported its financials in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Genesis Associates Inc tax-deductible?
Genesis Associates Inc is registered as a tax-exempt nonprofit (EIN: 820479588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Genesis Associates Inc located?
Genesis Associates Inc is headquartered in Coeur D Alene, Idaho and files with the IRS under EIN 820479588. It is classified under NTEE code O99.
How many years of IRS 990 filings does Genesis Associates Inc have?
Genesis Associates Inc 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.
Filing History
IRS 990 filing history for Genesis Associates Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Genesis Associates Inc's revenue has declined by 16.3%, moving from $190K to $159K. Total assets decreased by 74% over the same period, from $41K to $11K. Total functional expenses fell by 2.3%, from $195K to $191K. In its most recent filing year (2024), Genesis Associates Inc reported a deficit of $32K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $159K | $191K | $11K | $0 | — | — |
| 2023 | $171K | $198K | $45K | $3K | — | — |
| 2022 | $192K | $196K | $73K | $4K | — | — |
| 2021 | $197K | $197K | $76K | $4K | — | — |
| 2020 | $221K | $194K | $76K | $3K | — | View 990 |
| 2019 | $208K | $206K | $51K | $5K | — | View 990 |
| 2018 | $202K | $198K | $48K | $4K | — | View 990 |
| 2017 | $199K | $196K | $45K | $5K | — | View 990 |
| 2016 | $204K | $204K | $42K | $5K | — | View 990 |
| 2015 | $195K | $190K | $42K | $4K | — | View 990 |
| 2014 | $176K | $181K | $36K | $3K | — | View 990 |
| 2013 | $178K | $181K | $41K | $3K | — | View 990 |
| 2012 | $177K | $173K | $43K | $2K | — | View 990 |
| 2011 | $190K | $195K | $41K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $159K, expenses of $191K, and assets of $11K (revenue -7.2% year-over-year).
- 2023: Revenue of $171K, expenses of $198K, and assets of $45K (revenue -11.1% year-over-year).
- 2022: Revenue of $192K, expenses of $196K, and assets of $73K (revenue -2.3% year-over-year).
- 2021: Revenue of $197K, expenses of $197K, and assets of $76K (revenue -10.9% year-over-year).
- 2020: Revenue of $221K, expenses of $194K, and assets of $76K (revenue +6.5% year-over-year).
- 2019: Revenue of $208K, expenses of $206K, and assets of $51K (revenue +2.8% year-over-year).
- 2018: Revenue of $202K, expenses of $198K, and assets of $48K (revenue +1.5% year-over-year).
- 2017: Revenue of $199K, expenses of $196K, and assets of $45K (revenue -2.3% year-over-year).
- 2016: Revenue of $204K, expenses of $204K, and assets of $42K (revenue +4.5% year-over-year).
- 2015: Revenue of $195K, expenses of $190K, and assets of $42K (revenue +10.9% year-over-year).
- 2014: Revenue of $176K, expenses of $181K, and assets of $36K (revenue -1.1% year-over-year).
- 2013: Revenue of $178K, expenses of $181K, and assets of $41K (revenue +0.4% year-over-year).
- 2012: Revenue of $177K, expenses of $173K, and assets of $43K (revenue -6.7% year-over-year).
- 2011: Revenue of $190K, expenses of $195K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Genesis Associates Inc:
Data Sources and Methodology
This transparency report for Genesis Associates Inc 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.