Genesis at Work Foundation FY2023 filing

Cincinnati, OH · Unknown exempt organization

Latest data FY2023
Revenue
$414K
Spent
$232K
To programs
59%
Net assets
$284K
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).

Status and standing

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
5 funders, incl. Dwight H Hibbard Family Foundation
$181K in the latest grant year.
Spent on programs?
59% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
Legal name (IRS)Hdr · item CGenesis at Work Foundation
EINHdr · item D88-4040982
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CCincinnati, OH
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jgenesisatwork.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.59 Management & general $0.17 Fundraising $0.25
Program services59%$136K
Management & general17%$39K
Fundraising25%$57K
Total functional expensesLn 25$232K

Financial health

Revenue & expenses by yearFY2023–FY2024
Revenue
$414K
FY2023
Surplus margin
+44%
revenue over expenses, this year
Program spending
59%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue less expensesPt I · Ln 19$181K
Total assetsPt X · Ln 16$295K
Program-expense ratioPt IX · col B59%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419

Balance Sheet

Part X · end of year
CashLn 1$182K
Total assetsLn 16$295K
Total liabilitiesLn 26$11K
Total net assetsLn 32$284K
Months of cash on handcomputed9.4

Statement of Revenue

Part VIII
Contributions & grants$464K · 112%
Investment income$3K · 1%
Contributions & grants112%$464K
Investment income1%$3K
Total revenueLn 12$414K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $182K · Operating expenses (Pt IX) $232K · Less non-cash grants $6K · Cash operating expenses/yr $226K
9.7 months
Where the money goes
Program services
Program services $136K · Total expenses $232K
59%
Management & General
Management & general $39K · Total expenses $232K
17%
Fundraising
Fundraising $57K · Total expenses $232K
25%
Cost to raise $1
Fundraising expense $57K · Solicited contributions $464K
$0.12 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $464K · Total revenue $414K
112%
Government reliance
Government grants — · Total revenue $414K
—
Earned-income share
Program service revenue $0 · Total revenue $414K
0%
Investment reliance
Investment income $3K · Total revenue $414K
+0.8%
Program self-sufficiency
Program service revenue $0 · Total expenses $232K
0%
Growth & trend
Revenue growth (YoY)
This year $414K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $284K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $414K · Expenses $232K
+44%
Liabilities-to-Assets
Total liabilities — · Total assets $295K
—
Net-asset ratio
Net assets $284K · Total assets $295K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $295K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bryan Holland · Reported title Chief Executive Officer · Highest reported compensation $24K · Total expenses $232K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $107K · Total expenses $232K
46%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 59%——
Overhead ratio 17%——
Fundraising cost ratio 12%——
Legal fee ratio 0.2%——
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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Executive Officer
$24,000Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023
Kelly McCracken$52,729—
Bryan Holland$23,008$24,000

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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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
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

Mission and programs

Helps people with special needs find meaningful work, enriching lives and businesses.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $136K of program spending, described in the organization's own filed words · FY2023.
01

Inclusive Employers Program

This program helps fill job openings and diversify workforces. Genesis at Work Foundation collaborates with Greater Cincinnati area companies wanting to gain knowledge and experience in employing people with intellectual and developmental disabilities.

$52Kprogram expense
02

Job Seekers Discovery Program

This program includes expert support from those certified in applying the leading concepts of customized employment for adults with special needs. Through our comprehensive Job Seekers Discovery Program, we identify and understand the skills, strengths, interests, learning style, and work environment that best meets the job seeker's…

$48Kprogram expense
03

Genesis Pathway Support

This program provides families and caregivers with the tools needed to navigate the challenges and frustrations in school and life after high school to find meaningful employment.

$36Kprogram expense

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Funders

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $117K—-72% 990 PDF
FY2023 Viewing $414K$232K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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