Genesis Project INC FY2024 filing

Tax-deductible

Apache Junction, AZ501(c)(3)Since 2010Human ServicesEIN 27-3994457

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

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $32K a year · 8% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 8.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $36K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$111K
29% of total assets
Looks good: liabilities are 29% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$474K
+37% vs prior year
Spent
$342K
To programs
59%
Net assets
$277K
By yearFY2020–FY2025
Revenue
$474K
FY2024▲ +37%
Revenue by fiscal year
FY2020$381K
FY2021$279K
FY2022$328K
FY2023$347K
FY2024$474K
FY2025$460K
Expenses
$342K
FY2024▼ -6%
Expenses by fiscal year
FY2020$336K
FY2021$309K
FY2022$365K
FY2023$364K
FY2024$342K
FY2025$362K
Net assets
$277K
FY2024▲ +104%
Net assets by fiscal year
FY2020$227K
FY2021$197K
FY2022$154K
FY2023$136K
FY2024$277K
FY2025$390K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2011.

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

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $200K Management & general 41% · $141K

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

Who runs it and what they're paid

5 people listed on the 990.

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

Trinity Cole’s $51K as Executive Director is at the 39th percentile of top reported officer pay among 2168 $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 →

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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 15aNo

Programs and updates

Provides hot meals, showers, clothing, and medical care to feed the hungry and homeless.

Provided by the organization

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

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1 program service account for $200K of program spending, described in the organization's own filed words · FY2024.
01

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

$200Kprogram expense

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Funders

Who pays for it.

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

Grants

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

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$474K
Ln 12
Gifts and grantsLn 1h$474K
Money outPt IX
$342K
Ln 25
Programscol B$200K
Managementcol C$141K
Owns and owesPt X
$277K
net assets · Ln 32
Cash and savingsLn 1–2$250K
Total assetsLn 16$389K
LiabilitiesLn 26$111K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$474K
Total revenueLn 12$474K
Assets in detailPt X, end of year
CashLn 1$173K
SavingsLn 2$77K
Cash and savings togetherLn 1–2$250K
Land, buildings, equipmentLn 10c$19K
Other assetsLn 15$119K
Total assetsLn 16$389K
LiabilitiesLn 26$111K
Net assetsLn 32$277K
OperationsPt I, VI
EmployeesI 54
VolunteersI 684
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$111K$250K
Land, buildings, equipmentLn 10c$25K$19K
Total assetsLn 16$136K$389K
LiabilitiesLn 26$292$111K
Net assetsLn 32$136K$277K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$114K$0$114K$0
Payroll taxesLn 10$12K$0$12K$0
Accounting feesLn 11c$6K$1K$4K$0
Advertising and promotionLn 12$4K$4K$0$0
Office expensesLn 13$3K$3K$0$0
Information technologyLn 14$2K$2K$0$0
OccupancyLn 16$73K$69K$4K$0
TravelLn 17$5K$5K$0$0
InterestLn 20$830$0$830$0
Depreciation, depletion and amortizationLn 22$6K$0$6K$0
InsuranceLn 23$6K$6K$0$0
Other expenses (24a–d)Ln 24$78K$78K$118$0
All other expensesLn 24e$32K$32K$0$0
Total functional expensesLn 25$342K$200K$141K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $460K$362K$99K$390K 990 PDF
FY2024 Viewing $474K$342K$132K$277K 990 PDF
FY2023 $347K$364K−$18K$136K 990 PDF
FY2022 $328K$365K−$37K$154K 990 PDF
FY2021 $279K$309K−$30K$197K 990 PDF
FY2020 $381K$336K$45K$227K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $474,077 across 4 lines filed
VIII-1f All other contributions, gifts and grants$474,077
VIII-1h Total contributions, gifts and grants$474,077
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$474,077
Part IX · Statement of functional expenses $341,811 across 13 lines filed
IX-7 Other salaries and wagesPrograms $0 · Management $114,207 · Fundraising $0$114,207
IX-10 Payroll taxesPrograms $0 · Management $11,846 · Fundraising $0$11,846
IX-11c Accounting feesPrograms $1,455 · Management $4,305 · Fundraising $0$5,760
IX-12 Advertising and promotionPrograms $4,011 · Management $0 · Fundraising $0$4,011
IX-13 Office expensesPrograms $3,272 · Management $0 · Fundraising $0$3,272
IX-14 Information technologyPrograms $2,457 · Management $0 · Fundraising $0$2,457
IX-16 OccupancyPrograms $68,520 · Management $4,272 · Fundraising $0$72,792
IX-17 TravelPrograms $5,043 · Management $0 · Fundraising $0$5,043
IX-20 InterestPrograms $0 · Management $830 · Fundraising $0$830
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $5,778 · Fundraising $0$5,778
IX-23 InsurancePrograms $6,155 · Management $0 · Fundraising $0$6,155
IX-24 Other expenses (24a–d)Programs $77,993 · Management $118 · Fundraising $0$78,111
IX-24e All other expensesPrograms $31,549 · Management $0 · Fundraising $0$31,549
IX-25 Total functional expensesPrograms $200,455 · Management $141,356 · Fundraising $0$341,811
Part X · Balance sheet $388,619 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $42,928$172,755
X-2 Savings and temporary cash investmentsStart of year $67,817$77,115
X-10c Land, buildings and equipment, netStart of year $25,090$19,312
X-15 Other assets$119,437
X-16 Total assetsStart of year $135,835$388,619
X-17 Accounts payable and accrued expensesStart of year $292−$493
X-25 Other liabilities$111,959
X-26 Total liabilitiesStart of year $292$111,466
X-27 Net assets without donor restrictionsStart of year $135,543$277,153
X-32 Total net assets or fund balancesStart of year $135,543$277,153
X-33 Total liabilities and net assetsStart of year $135,835$388,619
Part XI · Reconciliation of net assets $277,153 net assets at year end
XI-1 Total revenue$474,077
XI-2 Total expenses$341,811
XI-3 Revenue less expenses$132,266
XI-4 Net assets at start of year$135,543
XI-5 Net unrealized gains (losses) on investments$4,214
XI-8 Prior period adjustments$5,130
XI-10 Net assets at end of year$277,153

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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