THE GENESIS CENTER

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

SHANNON CARROLL

Phone

4017816110

Tax Period

2024-09-01 to 2025-08-31

THE GENESIS CENTER, founded in 2000, is a community nonprofit in the Human Services sector that reported $5.8M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $5.6M left a modest 4% surplus.

Mission

TO PROVIDE THE HIGHEST QUALITY EDUCATION, JOB TRAINING, AND SUPPORT SERVICES TO PEOPLE OF DIVERSE CULTURES SO THAT THEY MAY ACHIEVE ECONOMIC INDEPENDENCE AND PARTICIPATE FULLY IN SOCIETY.

Program Service Accomplishments

Program 1

Expenses: $3,372,634

ADULT EDUCATION - PROVIDES LOW-SKILLED, LOW-INCOME ADULTS, MANY OF WHOM ARE IMMIGRANTS OR REFUGEES, EDUCATIONAL SUPPORT SERVICES TO SUCCEED IN LIFE AND WORK IN THE UNITED STATES. PROGRAMS INCLUDE...

ADULT EDUCATION - PROVIDES LOW-SKILLED, LOW-INCOME ADULTS, MANY OF WHOM ARE IMMIGRANTS OR REFUGEES, EDUCATIONAL SUPPORT SERVICES TO SUCCEED IN LIFE AND WORK IN THE UNITED STATES. PROGRAMS INCLUDE ENGLISH FOR SPEAKERS OF OTHER LANGUAGES, CITIZENSHIP CLASSES AND WORKFORCE DEVELOPMENT TRAININGS, PRIMARILY IN THE FIELDS OF HEATHCARE AND CULINARY ARTS, TWO HIGH-GROWTH, HIGH-DEMAND SECTORS IN RHODE ISLAND. PROGRAMS INCLUDE FINANCIAL COACHING AND OTHER SUPPORTS TO ACCELERATE THE CLIENTS' ATTAINMENT OF ECONOMIC STABILITY. SERVES APPROXIMATELY 800 STUDENTS ANNUALLY.

Program 2

Expenses: $890,532

DAY CARE AND SUPPORT - PROVIDES A CHILD CARE CENTER FOR CHILDREN, AGES 6 WEEKS TO 5 YEARS, DESIGNED TO ADDRESS THE CHILDREN'S INTELLECTUAL, SOCIAL, EMOTIONAL, AND CULTURAL DEVELOPMENT. SERVES...

DAY CARE AND SUPPORT - PROVIDES A CHILD CARE CENTER FOR CHILDREN, AGES 6 WEEKS TO 5 YEARS, DESIGNED TO ADDRESS THE CHILDREN'S INTELLECTUAL, SOCIAL, EMOTIONAL, AND CULTURAL DEVELOPMENT. SERVES APPROXIMATELY 100 CHILDREN ANNUALLY.

Program 3

Expenses: $815,708

THE CULINARY HUB OF PROVIDENCE (CHOP) IS A SOCIAL ENTERPRISE TRAINING RESTAURANT. CHOP FUNCTIONS AS A WORFORCE DEVELOPMENT, VOCATIONAL, EDUCATIONAL, AND TRANSITIONAL EMPLOYMENT PROGRAM THAT PROVIDES HANDS-ON CULINARY TRAINING, EMPLOYMENT READINESS INSTRUCTION, AND SUPERVISED WORK EXPERIENCE FOR INDIVIDUALS FACING BARRIERS TO EMPLOYMENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,563,163

Program Service Revenue $1,139,577

Investment Income $81,196

Other Revenue $9,656

TOTAL REVENUE $5,793,592

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,954,017

Fundraising Expenses $101,637

Program Expenses $5,078,874

Other Expenses $1,609,360

TOTAL EXPENSES $5,563,377

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,793,592	$4,773,613	+0.2%
Expenses	$5,563,377	$4,460,579	+0.2%
Net Income	$230,215	$313,034	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEG APOSTOLOU	DIRECTOR	1.00	Director	$0	$0	$0
XAVIER ARINEZ	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA DIFOLCO	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER A GRIFFITHS	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE GUERRERO	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL F HEALY III	DIRECTOR	1.00	Director	$0	$0	$0
CAROLINE MCCARTHY	DIRECTOR	1.00	Director	$0	$0	$0
ALEMY MONDESTIN	DIRECTOR	1.00	Director	$0	$0	$0
MONSURAT OTTUN	DIRECTOR	1.00	Director	$0	$0	$0
AMY RICCITELLI	DIRECTOR	1.00	Director	$0	$0	$0
GINA M VIGLIOTTI	DIRECTOR	1.00	Director	$0	$0	$0
CHYE HUP CHUA	VICE CHAIR/T	2.00	Officer	$0	$0	$0
RALPH M KINDER ESQ	SECRETARY	2.00	Officer	$0	$0	$0
DEAN MARTINS	CHAIR	2.00	Officer	$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
2025	$5,793,592	$5,563,377	$6,740,211	$230,215
2024	$4,773,613	$4,460,579	$6,375,576	$313,034
2023	$4,913,445	$4,235,177	$5,496,343	$678,268
2022	$4,320,628	$3,860,740	$4,976,047	$459,888
2021	$3,827,222	$3,556,355	$4,765,630	$270,867
2020	$3,471,901	$2,965,068	$3,975,122	$506,833
2019	$2,823,681	$2,622,786	$3,321,008	$200,895
2018	$2,418,373	$2,156,171	$3,064,969	$262,202