Genesis Project INC EIN 27-3994457 Form 990 (PDF) Claim this org

Genesis Project INC FY2020 filing

Not yet claimed Claim this org →

Provides hot meals, showers, clothing, and medical care to feed the hungry and homeless. For fiscal year 2020 it reported $381K in revenue, $336K in expenses, and $227K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Apache Jct, AZ
Website
genesisprojectaz.com
Filings
5 on file (2020–2020)
Revenue
$381KFY2020
Expenses
$336K
Net assets
$227K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-3994457 Public charity (501(c)(3)) Apache Jct, AZ
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Genesis Project INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Provides hot meals, showers, clothing, and medical care to feed the hungry and homeless.
Leadership
David Croom · Chairman
Money in and out
$381K revenue, $336K expenses
Bottom line
87% program efficiency
Where the money goes · FY2020
Total revenue
$381K
Pt VIII · Ln 12
Total expenses
$336K
Pt IX · Ln 25
Net assets
$227K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $45K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13 Fundraising $0.00
Program efficiency
87%
of spending reaches programs
Operating runway
10.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$381K
FY2020
Expenses
$336K
FY2020
Total assets
$227K
FY2020
Total liabilities
$-32
FY2020
Total revenue
$381K
Pt VIII · Ln 12
Total expenses
$336K
Pt IX · Ln 25
Net assets
$227K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$45K
Total assetsPt X · Ln 16$227K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $292K of program spending, described in the organization's own filed words · FY2020.
01

Organization seeking to feed the hungry and the homeless by facilitating hot meals, showers, clothing and medical services.

$292Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGenesis Project INC
EINHdr · item D27-3994457
Principal addressHdr · item CApache Jct, AZ
WebsiteHdr · item Jgenesisprojectaz.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P60)
Ruling yearIRS BMFApr 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Trinity Cole’s $51K as Executive Director is at the 39th percentile of top reported officer pay among 2165 $100K–1M human services 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.

See Genesis Project INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$380K
Investment income$2K
Total revenueLn 12$381K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13 Fundraising $0.00
Program services87%$292K
Management & general13%$44K
Fundraising$557
Total functional expensesLn 25$336K

Balance Sheet

Part X · end of year
CashLn 1$207K
Total assetsLn 16$227K
Total liabilitiesLn 26$-32
Total net assetsLn 32$227K
Months of cash on handcomputed7.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $207K · Operating expenses (Pt IX) $336K · Less non-cash grants $105K · Cash operating expenses/yr $231K
10.7 months
Where the money goes
Program services
Program services $292K · Total expenses $336K
87%
Management & General
Management & general $44K · Total expenses $336K
13%
Fundraising
Fundraising $557 · Total expenses $336K
0.2%
Cost to raise $1
Fundraising expense $557 · Solicited contributions $380K
$0.00 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $380K · Total revenue $381K
100%
Government reliance
Government grants — · Total revenue $381K
Earned-income share
Program service revenue $0 · Total revenue $381K
0%
Investment reliance
Investment income $2K · Total revenue $381K
+0.4%
Program self-sufficiency
Program service revenue $0 · Total expenses $336K
0%
Growth & trend
Revenue growth (YoY)
This year $381K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $227K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $381K · Expenses $336K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $227K
Net-asset ratio
Net assets $227K · Total assets $227K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $227K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Croom · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $336K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $41K · Total expenses $336K
12%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0.1%
Legal fee ratio 0.4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$36K

Similar Organizations

Closest in mission — by what they do
See all organizations like Genesis Project INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$474K revenue · ⤓ 990 PDF
FY2023$347K revenue · ⤓ 990 PDF
FY2022$328K revenue · ⤓ 990 PDF
FY2021$279K revenue · ⤓ 990 PDF
FY2020$381K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.