Genesis Preschool Ministries A Nj Nonprofit Corporation
EIN: 851750777 · Irvington, NJ · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $295K |
| Total Expenses | $216K |
| Net Assets | $224K |
Is Genesis Preschool Ministries A Nj Nonprofit Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Genesis Preschool Ministries A Nj Nonprofit Corporation
Genesis Preschool Ministries A Nj Nonprofit Corporation (EIN: 851750777) is a nonprofit organization based in Irvington, NJ, classified under NTEE code B21. The organization reported total revenue of $295K and total assets of $496K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Genesis Preschool Ministries A Nj Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Genesis Preschool Ministries A Nj Nonprofit Corporation is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $216K |
| Surplus / Deficit | $-15,968 |
| Total Assets | $304K |
| Total Liabilities | $80K |
| Net Assets | $224K |
| Operating Margin | -8.0% |
| Debt-to-Asset Ratio | 26.4% |
| Months of Reserves | 16.9 months |
Financial Health Grade: B
In 2023, Genesis Preschool Ministries A Nj Nonprofit Corporation reported a deficit of $16K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 26.4% (moderate leverage).
Financial Trends
Over 4 years of filings (2020–2023), Genesis Preschool Ministries A Nj Nonprofit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.5% | +198.0% | -4.6% |
| 2022 | +23.6% | -5.1% | +47.1% |
| 2021 | +27.5% | +102.4% | +42.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Genesis Preschool Ministries A Nj Nonprofit Corporation 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 Preschool Ministries A Nj Nonprofit Corporation 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 $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.4%.
Frequently Asked Questions about Genesis Preschool Ministries A Nj Nonprofit Corporation
Is Genesis Preschool Ministries A Nj Nonprofit Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Genesis Preschool Ministries A Nj Nonprofit Corporation (EIN: 851750777) insufficient data. 0 red flags identified, 0 strengths noted.
How does Genesis Preschool Ministries A Nj Nonprofit Corporation spend its money?
Detailed spending breakdown data is not yet available for Genesis Preschool Ministries A Nj Nonprofit Corporation. Check back for updated IRS 990 analysis.
Are donations to Genesis Preschool Ministries A Nj Nonprofit Corporation tax-deductible?
Genesis Preschool Ministries A Nj Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 851750777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Genesis Preschool Ministries A Nj Nonprofit Corporation located?
Genesis Preschool Ministries A Nj Nonprofit Corporation is headquartered in Irvington, New Jersey and files with the IRS under EIN 851750777. It is classified under NTEE code B21.
How many years of IRS 990 filings does Genesis Preschool Ministries A Nj Nonprofit Corporation have?
Genesis Preschool Ministries A Nj Nonprofit Corporation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $295K in total revenue.
Filing History
IRS 990 filing history for Genesis Preschool Ministries A Nj Nonprofit Corporation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Genesis Preschool Ministries A Nj Nonprofit Corporation's revenue has grown by 80.6%, moving from $111K to $200K. Total assets increased by 100.3% over the same period, from $152K to $304K. Total functional expenses rose by 472.5%, from $38K to $216K. In its most recent filing year (2023), Genesis Preschool Ministries A Nj Nonprofit Corporation reported a deficit of $16K, with expenses exceeding revenue. The organization holds $80K in liabilities against $304K in assets (debt-to-asset ratio: 26.4%), resulting in net assets of $224K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $216K | $304K | $80K | — | — |
| 2022 | $175K | $72K | $319K | $79K | — | View 990 |
| 2021 | $141K | $76K | $217K | $79K | — | View 990 |
| 2020 | $111K | $38K | $152K | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $216K, and assets of $304K (revenue +14.5% year-over-year).
- 2022: Revenue of $175K, expenses of $72K, and assets of $319K (revenue +23.6% year-over-year).
- 2021: Revenue of $141K, expenses of $76K, and assets of $217K (revenue +27.5% year-over-year).
- 2020: Revenue of $111K, expenses of $38K, and assets of $152K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Genesis Preschool Ministries A Nj Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Genesis Preschool Ministries A Nj Nonprofit Corporation 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.