GENAI EXCELLENCE ACADEMY INC

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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

2023

Legal Domicile

Principal Officer

Edwin Newsome

Phone

5743678123

Tax Period

2024-01-01 to 2024-12-31

Mission

Genai Excellence Academy seeks to provide a safe and affordable, high-quality educational environment for families in Elkhart and the surrounding counties. We believe in meeting the social, emotional, physical, and spiritual needs of each child. We teach Bible principles and see each child as beloved of God.

Program Service Accomplishments

Program 1

Expenses: $43,258 Revenue: $0

School Age Child Care Services

Program 2

Expenses: $43,258 Revenue: $3,428

School Age Child Care Services

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $68,971

Fundraising Expenses $0

Program Expenses $86,516

Other Expenses $17,545

TOTAL EXPENSES $86,516

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$397,545	-1.0%
Expenses	$86,516	$397,101	-0.8%
Net Income	N/A	$444	N/A

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

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
Edwin Newsome	PRESIDENT	20	Officer	$0	$0	$0
Dr Geraldine Brown	VICE PRESIDENT	20	Officer	$0	$0	$0
Rhonda Davis	TREASURER	10	Officer	$0	$0	$0
Trevor Holmes	BOARD MEMBER	10	Officer	$0	$0	$0
Phyllis Timmons	BOARD MEMBER	10	Officer	$0	$0	$0
Lucretia Ward	BOARD MEMBER	10	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
2024	No data	$86,516	$19,300	No data
2019	$157,559	$177,723	$15,452	$-20,164