Genesys Works FY2022 filing

Tax-deductible

Keller, TX501(c)(3)Since 2002EducationEIN 03-0440761

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To provide pathways to career success for high school students in underserved communities.

501(c)(3) charity; gifts are tax-deductible.
52¢ of each $1 spent went to programs.
$1.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $2.1M a year · 17% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
52%
of spending
Worth a look: 52% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.7M
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
17
named funders · $5.8M
Looks good: 17 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.5M
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.8M
+24% vs prior year
Spent
$8.9M
To programs
52%
Net assets
$3.9M
By yearFY2020–FY2024
Revenue
$9.8M
FY2022▲ +24%
Revenue by fiscal year
FY2020$6.1M
FY2021$7.9M
FY2022$9.8M
FY2023$12.3M
FY2024$23.9M
Expenses
$8.9M
FY2022▲ +30%
Expenses by fiscal year
FY2020$7.5M
FY2021$6.8M
FY2022$8.9M
FY2023$11.6M
FY2024$14.9M
Net assets
$3.9M
FY2022▲ +29%
Net assets by fiscal year
FY2020$2.0M
FY2021$3.1M
FY2022$3.9M
FY2023$4.7M
FY2024$13.7M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

52 cents of each dollar spent went to programs.

Program services 52% · $4.6M Management & general 34% · $3.1M Fundraising 14% · $1.2M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990; $1.7M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$325,478Pt VII · Sec A
Executive Director - Nyc
$187,525Pt VII · Sec A
SVP, Business Planning & Operations
$165,038Pt VII · Sec A
Executive Director - Ncr
$158,953Pt VII · Sec A
Chief Services Officer
$153,073Pt VII · Sec A
Chief Strategic Growth Officer
$152,598Pt VII · Sec A
$132,475Pt VII · Sec A
Director of National Fund Development
$110,863Pt VII · Sec A

Artis Jeffrey H’s $355K as Chief Executive Officer is at the 74th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Artis Jeffrey H$355,227$372,957$325,478$316,301—
David a Williams————$236,907
Amanda Snead$201,657$188,888———
Gross Michael$201,209$189,737$187,525$171,025—
Waldron Selvon$197,194$199,113$158,953$99,525—
Stefany Williams$195,049$187,404———
Grant Jameson J$185,673$183,138$152,598——
Demars Michelle L———$184,123—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Genesys Works executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers underserved high school students through professional skills training, corporate internships, mentorship, and support with college admissions and scholarships to launch successful careers.

Provided by the organization

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1 program · $4.6M · in their own filed words · FY2022
01

Genesys works (EIN#03-0440761), as the parent organization, provides leadership and central services to subsidiaries included in genesys works group return (ein #90-0757035), enabling them to successfully carry out the mission of changing the trajectory of inner-city high school students by providing them with training, meaningful…

$4.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 17 funders →
Grants paid · 1 grant · $212K · 2024–2024
Genesys Works NationalFY2024$211,678

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$9.8M
Ln 12
Gifts and grantsLn 1h$5.3M
Fees for servicesLn 2g$4.4M
Other incomeLn 4–11$32K
Money outPt IX
$8.9M
Ln 25
Programscol B$4.6M
Managementcol C$3.1M
Fundraisingcol D$1.2M
Owns and owesPt X
$3.9M
net assets · Ln 32
Cash and savingsLn 1–2$2.8M
Total assetsLn 16$5.4M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
21
listed · VII A
PaidVII A11
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.3M
Noncash giftsLn 1g$94K
Fundraising eventsLn 1c$39K
Fees for servicesLn 2g$4.4M
Other incomeLn 4–11$32K
Total revenueLn 12$9.8M
Assets in detailPt X, end of year
CashLn 1$2.6M
SavingsLn 2$210K
Cash and savings togetherLn 1–2$2.8M
Land, buildings, equipmentLn 10c$217K
Other assetsLn 15$1.0M
Total assetsLn 16$5.4M
LiabilitiesLn 26$1.5M
Net assetsLn 32$3.9M
OperationsPt I, VI
EmployeesI 5189
VolunteersI 6120
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$2.1M$2.8M
Land, buildings, equipmentLn 10c$282K$217K
Total assetsLn 16$3.5M$5.4M
LiabilitiesLn 26$450K$1.5M
Net assetsLn 32$3.1M$3.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.2M$509K$570K$133K
Other salaries and wagesLn 7$3.9M$2.6M$780K$602K
Pension plan contributionsLn 8$20K$12K$8K
Other employee benefitsLn 9$174K$79K$62K$33K
Payroll taxesLn 10$379K$228K$102K$49K
Accounting feesLn 11c$186K$186K
Professional fundraising feesLn 11e$46K$46K
Other fees for servicesLn 11g$588K$244K$278K$66K
Advertising and promotionLn 12$99K$48K$44K$8K
Office expensesLn 13$10K$3K$6K$1K
Information technologyLn 14$1.1M$346K$583K$179K
OccupancyLn 16$218K$126K$42K$50K
TravelLn 17$138K$52K$72K$14K
Conferences, conventions and meetingsLn 19$13K$9K$2K$2K
Payments to affiliatesLn 21$16K$16K
Depreciation, depletion and amortizationLn 22$65K$28K$37K
InsuranceLn 23$60K$23K$37K
Other expenses (24a–d)Ln 24$604K$332K$261K$11K
Total functional expensesLn 25$8.9M$4.6M$3.1M$1.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $23.9M$14.9M$9.1M$13.7M 990 PDF
FY2023 $12.3M$11.6M$723K$4.7M 990 PDF
FY2022 Viewing $9.8M$8.9M$881K$3.9M 990 PDF
FY2021 $7.9M$6.8M$1.1M$3.1M 990 PDF
FY2020 $6.1M$7.5M−$1.4M$2.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $9,759,759 across 9 lines filed
VIII-1c Fundraising events$38,907
VIII-1f All other contributions, gifts and grants$5,271,309
VIII-1g Noncash contributions (included above)$93,725
VIII-1h Total contributions, gifts and grants$5,310,216
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,417,540$4,417,540
VIII-6 Net rental income or lossExcluded from tax $56,950$56,950
VIII-8 Net income from fundraising eventsExcluded from tax −$20,849−$20,849
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission −$4,098−$4,098
VIII-12 Total revenueRelated to mission $4,413,442 · Unrelated business $0 · Excluded from tax $36,101$9,759,759
Part IX · Statement of functional expenses $8,879,029 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $508,596 · Management $569,792 · Fundraising $133,387$1,211,775
IX-7 Other salaries and wagesPrograms $2,562,556 · Management $779,555 · Fundraising $602,388$3,944,499
IX-8 Pension plan contributionsPrograms $12,330 · Fundraising $7,984$20,314
IX-9 Other employee benefitsPrograms $78,530 · Management $62,001 · Fundraising $33,373$173,904
IX-10 Payroll taxesPrograms $228,343 · Management $102,256 · Fundraising $48,556$379,155
IX-11c Accounting feesManagement $185,572$185,572
IX-11e Professional fundraising feesFundraising $46,320$46,320
IX-11g Other fees for servicesPrograms $244,272 · Management $278,231 · Fundraising $65,618$588,121
IX-12 Advertising and promotionPrograms $47,502 · Management $43,810 · Fundraising $7,997$99,309
IX-13 Office expensesPrograms $2,723 · Management $5,909 · Fundraising $1,163$9,795
IX-14 Information technologyPrograms $345,535 · Management $582,666 · Fundraising $178,739$1,106,940
IX-16 OccupancyPrograms $126,386 · Management $41,634 · Fundraising $49,694$217,714
IX-17 TravelPrograms $52,406 · Management $71,876 · Fundraising $13,755$138,037
IX-19 Conferences, conventions and meetingsPrograms $9,106 · Management $2,013 · Fundraising $2,069$13,188
IX-21 Payments to affiliatesPrograms $15,685$15,685
IX-22 Depreciation, depletion and amortizationPrograms $28,343 · Management $36,616$64,959
IX-23 InsurancePrograms $23,232 · Management $36,869$60,101
IX-24 Other expenses (24a–d)Programs $331,521 · Management $260,885 · Fundraising $11,235$603,641
IX-25 Total functional expensesPrograms $4,617,066 · Management $3,059,685 · Fundraising $1,202,278$8,879,029
Part X · Balance sheet $5,427,893 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $2,041,186$2,604,105
X-2 Savings and temporary cash investmentsStart of year $44,819$210,339
X-3 Pledges and grants receivableStart of year $550,250$612,500
X-4 Accounts receivableStart of year $231,710$384,344
X-9 Prepaid expenses and deferred chargesStart of year $246,631$381,440
X-10c Land, buildings and equipment, netStart of year $282,202$217,243
X-15 Other assetsStart of year $116,518$1,017,922
X-16 Total assetsStart of year $3,513,316$5,427,893
X-17 Accounts payable and accrued expensesStart of year $434,087$549,686
X-19 Deferred revenueStart of year $15,205$0
X-25 Other liabilitiesStart of year $0$933,953
X-26 Total liabilitiesStart of year $449,792$1,483,639
X-27 Net assets without donor restrictionsStart of year $2,590,923$1,958,098
X-28 Net assets with donor restrictionsStart of year $472,601$1,986,156
X-32 Total net assets or fund balancesStart of year $3,063,524$3,944,254
X-33 Total liabilities and net assetsStart of year $3,513,316$5,427,893
Part XI · Reconciliation of net assets $3,944,254 net assets at year end
XI-1 Total revenue$9,759,759
XI-2 Total expenses$8,879,029
XI-3 Revenue less expenses$880,730
XI-4 Net assets at start of year$3,063,524
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,944,254

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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