Genesis Foundation For Fitness &Tennis
Genesis Foundation For Fitness & Tennis maintains stable assets and zero officer compensation amidst fluctuating revenues.
EIN: 208142038 · Wichita, KS · NTEE: N40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $317K |
| Total Expenses | $232K |
| Program Spending | 85% |
| Net Assets | $211K |
| Transparency Score | 88/100 |
Is Genesis Foundation For Fitness &Tennis Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Genesis Foundation For Fitness &Tennis directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Genesis Foundation For Fitness &Tennis
Genesis Foundation For Fitness &Tennis (EIN: 208142038) is a nonprofit organization based in Wichita, KS, classified under NTEE code N40. The organization reported total revenue of $317K and total assets of $242K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Genesis Foundation For Fitness &Tennis's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Genesis Foundation For Fitness &Tennis is a small nonprofit that has been operating for 7 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 22.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $226K |
| Total Expenses | $232K |
| Surplus / Deficit | $-5,817 |
| Total Assets | $212K |
| Total Liabilities | $1K |
| Net Assets | $211K |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 11.0 months |
Financial Health Grade: B
In 2023, Genesis Foundation For Fitness &Tennis reported a deficit of $6K with expenses exceeding revenue, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2023), Genesis Foundation For Fitness &Tennis's revenue has grown at a compound annual growth rate (CAGR) of 22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.5% | +34.7% | -2.6% |
| 2022 | +4.3% | +33.6% | +41.7% |
| 2021 | +170.0% | +5.5% | +177.8% |
| 2020 | -53.1% | -2.0% | -33.8% |
| 2019 | +447.1% | +321.8% | +228.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Genesis Foundation For Fitness &Tennis with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Genesis Foundation For Fitness &Tennis allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its size.
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 Genesis Foundation For Fitness &Tennis's IRS 990 filings:
- Expenses slightly exceeded revenue in 2023 ($232,098 vs $226,281), indicating a minor operating deficit for that period.
Strengths
The following positive indicators were identified for Genesis Foundation For Fitness &Tennis:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Significant asset growth from $25,433 in 2018 to $211,905 in 2023, demonstrating financial stability and capacity building.
- Low liabilities, such as $1,198 in 2023, suggesting sound financial management and minimal debt.
- Long history of IRS 990 filings (11 periods), indicating strong transparency and compliance.
Frequently Asked Questions about Genesis Foundation For Fitness &Tennis
Is Genesis Foundation For Fitness &Tennis a legitimate charity?
Based on AI analysis of IRS 990 filings, Genesis Foundation For Fitness &Tennis (EIN: 208142038) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Genesis Foundation For Fitness &Tennis spend its money?
Genesis Foundation For Fitness &Tennis directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Genesis Foundation For Fitness &Tennis tax-deductible?
Genesis Foundation For Fitness &Tennis is registered as a tax-exempt nonprofit (EIN: 208142038). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Genesis Foundation For Fitness &Tennis's spending goes to programs?
Genesis Foundation For Fitness &Tennis directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Genesis Foundation For Fitness &Tennis compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Genesis Foundation For Fitness &Tennis is above average for NTEE category N40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Genesis Foundation For Fitness &Tennis located?
Genesis Foundation For Fitness &Tennis is headquartered in Wichita, Kansas and files with the IRS under EIN 208142038. It is classified under NTEE code N40.
How many years of IRS 990 filings does Genesis Foundation For Fitness &Tennis have?
Genesis Foundation For Fitness &Tennis has 11 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 $317K in total revenue.
Is Genesis Foundation For Fitness & Tennis a good charity?
Based on the available data, Genesis Foundation For Fitness & Tennis appears to be a good charity. It consistently reports zero officer compensation, indicating a strong commitment to directing funds towards its mission, and has a history of stable asset growth.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing significantly from $25,433 in 2018 to $211,905 in 2023. Revenue has fluctuated but shown overall growth, reaching $241,986 in 2022.
What is the trend in revenue versus expenses?
Revenue and expenses have generally tracked each other, with some years showing a surplus (e.g., 2022: Revenue $241,986, Expenses $172,341) and others a slight deficit (e.g., 2023: Revenue $226,281, Expenses $232,098). This indicates a lean operation that spends close to its income.
Filing History
IRS 990 filing history for Genesis Foundation For Fitness &Tennis showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Genesis Foundation For Fitness &Tennis's revenue has grown by 823.3%, moving from $25K to $226K. Total assets increased by 174.9% over the same period, from $77K to $212K. Total functional expenses rose by 351.6%, from $51K to $232K. In its most recent filing year (2023), Genesis Foundation For Fitness &Tennis reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1K in liabilities against $212K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $211K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $232K | $212K | $1K | — | — |
| 2022 | $242K | $172K | $218K | $1K | — | — |
| 2021 | $232K | $129K | $153K | $7K | — | View 990 |
| 2020 | $86K | $122K | $55K | $11K | — | — |
| 2019 | $183K | $125K | $83K | $3K | — | View 990 |
| 2018 | $33K | $30K | $25K | $3K | — | — |
| 2017 | $102K | $109K | $23K | $5K | — | — |
| 2016 | $87K | $125K | $30K | $4K | — | — |
| 2015 | $99K | $129K | $67K | $3K | — | — |
| 2014 | $61K | $60K | $96K | $2K | — | View 990 |
| 2012 | $25K | $51K | $77K | $565 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $232K, and assets of $212K (revenue -6.5% year-over-year).
- 2022: Revenue of $242K, expenses of $172K, and assets of $218K (revenue +4.3% year-over-year).
- 2021: Revenue of $232K, expenses of $129K, and assets of $153K (revenue +170.0% year-over-year).
- 2020: Revenue of $86K, expenses of $122K, and assets of $55K (revenue -53.1% year-over-year).
- 2019: Revenue of $183K, expenses of $125K, and assets of $83K (revenue +447.1% year-over-year).
- 2018: Revenue of $33K, expenses of $30K, and assets of $25K (revenue -67.2% year-over-year).
- 2017: Revenue of $102K, expenses of $109K, and assets of $23K (revenue +16.8% year-over-year).
- 2016: Revenue of $87K, expenses of $125K, and assets of $30K (revenue -11.6% year-over-year).
- 2015: Revenue of $99K, expenses of $129K, and assets of $67K (revenue +61.4% year-over-year).
- 2014: Revenue of $61K, expenses of $60K, and assets of $96K (revenue +149.3% year-over-year).
- 2012: Revenue of $25K, expenses of $51K, and assets of $77K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Genesis Foundation For Fitness &Tennis:
Data Sources and Methodology
This transparency report for Genesis Foundation For Fitness &Tennis 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.