THE GENESIS PROJECT SEATTLE

EIN: 260330950 501(c)(3) Religion

KENT, WA

Total Revenue
$271,287
Total Expenses
$272,682
Total Assets
$162,326
Net Assets
$162,326
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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
2007
Phone
2065922362
Tax Period
2024-01-01 to 2024-12-31

THE GENESIS PROJECT SEATTLE, founded in 2007, is a small nonprofit in the Religion sector that reported $271K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

OFFER HOPE FOR A NEW LIFE TO YOUNG WOMEN AND GIRLS INVOLVED IN DOMESTIC MINOR SEX TRAFFICKING IN THE SOUTH KING COUNTY AREA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $224,094
Program Service Revenue $0
Investment Income $0
Other Revenue $47,193
TOTAL REVENUE $271,287

Expense Breakdown

Grants Paid $0
Salaries & Benefits $149,511
Fundraising Expenses $417
Program Expenses $22,065
Other Expenses $122,754
TOTAL EXPENSES $272,682

Year-over-Year Comparison

2024 2023 Change
Revenue $271,287 $309,646 -0.1%
Expenses $272,682 $342,777 -0.2%
Net Income $-1,395 $-33,131 -1.0%
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
N/A
Employees
N/A
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY CONNER President 0.00
Director
$0 $0 $0
DAN DEVRIES Secretary 0.00
Director
$0 $0 $0
MATT CAMPBELL Vice President 0.00
Director
$0 $0 $0
CARRI LITOWITZ Treasurer 0.00
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 $271,287 $272,682 $162,326 $-1,395
2023 $309,646 $342,777 $163,721 $-33,131
2022 $285,325 $316,543 $196,852 $-31,218
2021 $326,512 $272,889 $228,070 $53,623
2020 $255,025 $270,494 $174,447 $-15,469
2019 $217,255 $274,944 $189,916 $-57,689
2018 $322,007 $252,816 $247,605 $69,191
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