INSTITUTE GENESIS ELC INC

EIN: 208667043 501(c)(3) Youth Development

ATLANTA, GA

Total Revenue
$763,147
Total Expenses
$795,529
Total Assets
$18,993
Net Assets
$14,925
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
GA
Phone
4043104852
Tax Period
2023-01-01 to 2023-12-31

INSTITUTE GENESIS ELC INC, founded in 1999, is a small nonprofit in the Youth Development sector that reported $763K in total revenue in fiscal year 2023.

Mission

WE ARE A CHILD DEVELOPMENT AND MENTORING CENTER INTENT ON TRAINING AND TEACHING MENTAL AND PHYSICAL DEVELOPMENT TO CHILDREN FOCUSING ON SERVING LOW AND MIDDLE INCOME FAMILIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $680,384
Program Service Revenue $82,763
Investment Income $0
Other Revenue $0
TOTAL REVENUE $763,147

Expense Breakdown

Grants Paid $0
Salaries & Benefits $270,782
Fundraising Expenses $0
Program Expenses $795,538
Other Expenses $524,747
TOTAL EXPENSES $795,529

Year-over-Year Comparison

2023 2022 Change
Revenue $763,147 $721,313 +0.1%
Expenses $795,529 $709,636 +0.1%
Net Income $-32,382 $11,677 -3.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
2
Employees
12
Volunteers
5

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$45,725
Total Directors
4
$45,725
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARLENE SIMS CEO 1.00
Officer Director
$0 $0 $0
ADDIE LUMMUS CFO 40.00
Officer Director Highest
$45,725 $0 $45,725
JOSEPH CLIFTON DIRECTOR 1.00
Director
$0 $0 $0
JACKLYN SCOTT DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $763,147 $795,529 $18,993 $-32,382
2021 $573,496 $598,620 $45,605 $-25,124
2020 $570,071 $511,640 $66,577 $58,431
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