Genesis Of Richmond Inc
EIN: 350868959 · Richmond, IN · NTEE: P27Z
| Metric | Value |
|---|---|
| Total Revenue | $269K |
| Total Expenses | $762K |
Is Genesis Of Richmond 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 Of Richmond Inc
Genesis Of Richmond Inc (EIN: 350868959) is a nonprofit organization based in Richmond, IN, classified under NTEE code P27Z. The organization reported total revenue of $269K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Genesis Of Richmond Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Genesis Of Richmond Inc is a small nonprofit that has been operating for 5 years, with 12 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $266K |
| Total Expenses | $762K |
| Surplus / Deficit | $-496,744 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -187.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2021, Genesis Of Richmond Inc reported a deficit of $497K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2021), Genesis Of Richmond Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -22.6% | +86.5% | -100.0% |
| 2021 | +0.2% | +6.1% | +7.4% |
| 2020 | -3.8% | +0.2% | -7.1% |
| 2019 | +18.8% | +9.6% | +0.6% |
| 2018 | +16.0% | -2.0% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Genesis Of Richmond 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 Of Richmond 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $497K, with expenses exceeding revenue.
Frequently Asked Questions about Genesis Of Richmond Inc
Is Genesis Of Richmond Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Genesis Of Richmond Inc (EIN: 350868959) insufficient data. 0 red flags identified, 0 strengths noted.
How does Genesis Of Richmond Inc spend its money?
Detailed spending breakdown data is not yet available for Genesis Of Richmond Inc. Check back for updated IRS 990 analysis.
Are donations to Genesis Of Richmond Inc tax-deductible?
Genesis Of Richmond Inc is registered as a tax-exempt nonprofit (EIN: 350868959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Genesis Of Richmond Inc located?
Genesis Of Richmond Inc is headquartered in Richmond, Indiana and files with the IRS under EIN 350868959. It is classified under NTEE code P27Z.
How many years of IRS 990 filings does Genesis Of Richmond Inc have?
Genesis Of Richmond Inc 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 $269K in total revenue.
Filing History
IRS 990 filing history for Genesis Of Richmond Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2021), Genesis Of Richmond Inc's revenue has declined by 11.7%, moving from $301K to $266K. Total assets decreased by 100% over the same period, from $1.0M to $0. Total functional expenses rose by 116.6%, from $352K to $762K. In its most recent filing year (2021), Genesis Of Richmond Inc reported a deficit of $497K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $266K | $762K | $0 | $0 | — | View 990 |
| 2021 | $343K | $409K | $705K | $209K | — | View 990 |
| 2020 | $343K | $385K | $657K | $95K | — | View 990 |
| 2019 | $356K | $384K | $707K | $97K | — | — |
| 2018 | $300K | $351K | $703K | $65K | — | View 990 |
| 2017 | $258K | $358K | $756K | $67K | — | View 990 |
| 2016 | $324K | $369K | $828K | $40K | — | View 990 |
| 2015 | $335K | $358K | $882K | $50K | — | View 990 |
| 2014 | $335K | $333K | $928K | $73K | — | View 990 |
| 2013 | $302K | $351K | $915K | $64K | — | View 990 |
| 2012 | $330K | $386K | $975K | $68K | — | View 990 |
| 2011 | $301K | $352K | $1.0M | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $266K, expenses of $762K, and assets of $0 (revenue -22.6% year-over-year).
- 2021: Revenue of $343K, expenses of $409K, and assets of $705K (revenue +0.2% year-over-year).
- 2020: Revenue of $343K, expenses of $385K, and assets of $657K (revenue -3.8% year-over-year).
- 2019: Revenue of $356K, expenses of $384K, and assets of $707K (revenue +18.8% year-over-year).
- 2018: Revenue of $300K, expenses of $351K, and assets of $703K (revenue +16.0% year-over-year).
- 2017: Revenue of $258K, expenses of $358K, and assets of $756K (revenue -20.3% year-over-year).
- 2016: Revenue of $324K, expenses of $369K, and assets of $828K (revenue -3.2% year-over-year).
- 2015: Revenue of $335K, expenses of $358K, and assets of $882K (revenue +0.0% year-over-year).
- 2014: Revenue of $335K, expenses of $333K, and assets of $928K (revenue +11.1% year-over-year).
- 2013: Revenue of $302K, expenses of $351K, and assets of $915K (revenue -8.6% year-over-year).
- 2012: Revenue of $330K, expenses of $386K, and assets of $975K (revenue +9.7% year-over-year).
- 2011: Revenue of $301K, expenses of $352K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Genesis Of Richmond Inc:
Data Sources and Methodology
This transparency report for Genesis Of Richmond 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.