Genunity INC FY2024 filing
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Connects adults to build an inclusive community where everyone belongs. For fiscal year 2024 it reported $839K in revenue, $984K in expenses, and $434K in net assets.Pt I
Summary of the Filing
Where the work happens
Housing justice-through facilitated whole-cohort meetings and small group discussions with community partners, members gain understanding of community needs, how service provision meets or fails to meet those needs, how policy and funding shape the status quo, and how they can use their own individual positionality and collective power…
Health equity- genunity issue-focused community leadership programs (E.G., health equity in boston) center lived experience and connection, bringing together proximate experts who have experienced the issue firsthand and siloed experts working in institutions to address THEM.FOR both health equity and housing justice: over 10 weeks, 3…
Lifetime- through the facilitated, inquiry-based conversations that members engage in throughout the program connect people's lived experiences to the systems and power structures that shape them. In the process, folks uncover "why" issues persist in their community and "how" they can use their power to drive change.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Jerren Chang’s $111K as President is at the 26th percentile of top reported officer pay among 2834 $1–10M community development 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 · 3 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Jerren Chang | $111,077 | $99,377 | $80,795 | $63,000 |
| Ilona Rabovsky | $97,364 | — | — | — |
| Nimisha Ganesh | — | — | $65,829 | $63,000 |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 68% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 19% | — | — |
| Revenue growth | -3% | — | — |
| Accounting fee ratio | 3% | — | — |
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.
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