Operation Genesis provides opportunities for atrisk youth to learn strategies for socioeconomic advancement combat generational poverty

501(c)(3) charity; gifts are tax-deductible.
50¢ of each $1 spent went to programs.
$13K 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

FY2021 · 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
0 of 4
filings with a surplus
Average deficit $113K a year · 16% of revenue · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
50%
of spending
Concern: 50% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$13K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$44K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$939K
×11 vs prior year
Spent
$1.1M
To programs
50%
Net assets
$489K
By yearFY2020–FY2024
Revenue
$939K
FY2021▲ ×11
Tap a bar for its year
Revenue by fiscal year
FY2020$85K
FY2021$939K
FY2022$1.1M
FY2023$316K
FY2024$516K
Expenses
$1.1M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$1.1M
FY2022$1.3M
FY2023$413K
FY2024$517K
Net assets
$489K
FY2021▲ +186%
Tap a bar for its year
Net assets by fiscal year
FY2020$171K
FY2021$489K
FY2022$78K
FY2023$19K
FY2024$18K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 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 Sep 2015.

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

Where the money goes

50 cents of each dollar spent went to programs.

Program services 50% · $544K Management & general 50% · $548K

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

5 people listed on the 990; $13K paid to officers and key staff.

Part VII, Section A · reportable compensation
Treasurer
$12,550Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Tracy L Tate’s $13K as Treasurer is at the 12th percentile of top reported officer pay among 1265 $100K–1M philanthropy & grantmaking 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 Operation Genesis 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 15aYes

Programs and updates

Empowers at-risk youth with strategies to escape poverty and advance socioeconomically.

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Provided by the organization

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3 programs · $1.1M · in their own filed words · FY2021
01

Provides mentorship and guidance on obtaining careers in Law enforcement and gives exposure to youth looking for jobs and employment in various career fields. The program includes a social component that focus on entrepreneurship and business, as well as a component of self esteem

$772Kprogram expense
02

Gathered various gang leaders from 7 of the highest gang-related neighborhoods to deter violence and develop social and personal skills that will help prevent violence and crime in their respective communities.

$367Kprogram expense
03

Provides rental, food, and clothing assistance for low income residents in the community. Also provides other supportive services for low income residents such as utility asstistance while ensuring essential needs are met.

$10Kprogram expense

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 · FY2023
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$939K
Ln 12
Gifts and grantsLn 1h$939K
Investment incomeLn 3$15
Money outPt IX
$1.1M
Ln 25
Programscol B$544K
Managementcol C$548K
Owns and owesPt X
$489K
net assets · Ln 32
Cash and savingsLn 1–2$518K
Total assetsLn 16$533K
LiabilitiesLn 26$44K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$939K
Investment incomeLn 3$15
Total revenueLn 12$939K
Assets in detailPt X, end of year
CashLn 1$310K
SavingsLn 2$208K
Cash and savings togetherLn 1–2$518K
Land, buildings, equipmentLn 10c$12K
Total assetsLn 16$533K
LiabilitiesLn 26$44K
Net assetsLn 32$489K
OperationsPt I, VI
EmployeesI 522
VolunteersI 610
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 FY21End FY21
Cash and savingsLn 1–2$425K$518K
Land, buildings, equipmentLn 10c$9K$12K
Total assetsLn 16$433K$533K
LiabilitiesLn 26$0$44K
Net assetsLn 32$433K$489K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$374K$374K
Other employee benefitsLn 9$6K$6K
Payroll taxesLn 10$64K$64K
Management feesLn 11a$25K$25K
Legal feesLn 11b$304$304
Accounting feesLn 11c$13K$13K
Other fees for servicesLn 11g$284K$278K$6K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$11K$62$11K
Information technologyLn 14$7K$7K
OccupancyLn 16$20K$20K
TravelLn 17$3K$3K
Conferences, conventions and meetingsLn 19$12K$5K$6K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$255K$253K$2K
All other expensesLn 24e$7K$4K$3K
Total functional expensesLn 25$1.1M$544K$548K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $516K$517K−$759$18K 990 PDF
FY2023 $316K$413K−$97K$19K 990 PDF
FY2022 $1.1M$1.3M−$203K$78K 990 PDF
FY2021 Viewing $939K$1.1M−$152K$489K 990 PDF
FY2020 $85K$171K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $938,950 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $85,250$938,935
I-9 Program service revenue$0
I-10 Investment incomePrior year $21$15
I-11 Other revenue$0
I-12 Total revenuePrior year $85,271$938,950
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$444,505
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $270,508$646,905
I-18 Total expensesPrior year $270,508$1,091,410
I-19 Revenue less expensesPrior year −$185,237−$152,460
Part VI · Governance 0 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $938,950 across 5 lines filed
VIII-1f All other contributions, gifts and grants$938,935
VIII-1h Total contributions, gifts and grants$938,935
VIII-3 Investment incomeRelated to mission $15$15
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $15$938,950
Part IX · Statement of functional expenses $1,091,410 across 17 lines filed
IX-7 Other salaries and wagesManagement $374,483$374,483
IX-9 Other employee benefitsManagement $6,041$6,041
IX-10 Payroll taxesManagement $63,981$63,981
IX-11a Management feesManagement $25,000$25,000
IX-11b Legal feesManagement $304$304
IX-11c Accounting feesManagement $12,550$12,550
IX-11g Other fees for servicesPrograms $278,333 · Management $6,000$284,333
IX-12 Advertising and promotionManagement $2,876$2,876
IX-13 Office expensesPrograms $62 · Management $11,268$11,330
IX-14 Information technologyManagement $7,233$7,233
IX-16 OccupancyManagement $19,542$19,542
IX-17 TravelPrograms $3,463$3,463
IX-19 Conferences, conventions and meetingsPrograms $5,443 · Management $6,374$11,817
IX-22 Depreciation, depletion and amortizationManagement $3,538$3,538
IX-23 InsuranceManagement $3,803$3,803
IX-24 Other expenses (24a–d)Programs $252,706 · Management $1,800$254,506
IX-24e All other expensesPrograms $3,553 · Management $3,057$6,610
IX-25 Total functional expensesPrograms $543,560 · Management $547,850 · Fundraising $0$1,091,410
Part X · Balance sheet $532,856 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $216,658$310,132
X-2 Savings and temporary cash investmentsStart of year $208,056$208,056
X-9 Prepaid expenses and deferred charges$2,700
X-10c Land, buildings and equipment, netStart of year $8,736$11,968
X-16 Total assetsStart of year $433,450$532,856
X-25 Other liabilities$43,808
X-26 Total liabilitiesStart of year $0$43,808
X-27 Net assets without donor restrictionsStart of year $433,450$489,048
X-32 Total net assets or fund balancesStart of year $433,450$489,048
X-33 Total liabilities and net assetsStart of year $433,450$532,856
Part XI · Reconciliation of net assets $489,048 net assets at year end
XI-1 Total revenue$938,950
XI-2 Total expenses$1,091,410
XI-3 Revenue less expenses−$152,460
XI-4 Net assets at start of year$433,450
XI-10 Net assets at end of year$489,048

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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