GENESIS THE SCHLESINGER ACADEMY FOR INNOVATION (EIN 474460740) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Principal Officer

SHERI SCHLESINGER

Phone

3104940180

Tax Period

2023-01-01 to 2023-12-31

GENESIS THE SCHLESINGER ACADEMY FOR INNOVATION, founded in 2015, is a small nonprofit in the Education sector that reported $526K in total revenue in fiscal year 2023. The organization ran a surplus of $130K, a strong 25% operating margin.

Mission

THE MISSION OF GENESIS IS TO PROVIDE UNDERSERVED YOUTH WITH THE SKILLS REQUIRED TO SCAFFOLD CRITICAL THINKING, PROBLEM SOLVING AND INNOVATION THROUGH THE USE OF ART+TECHNOLOGY, THE ESSENTIAL 21ST CENTURY TOOLS THAT LEAD TO SUCCESS IN HIGHER EDUCATION AND EMPLOYMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $525,550

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $525,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,304

Fundraising Expenses $24,678

Program Expenses $334,166

Other Expenses $285,095

TOTAL EXPENSES $395,399

Year-over-Year Comparison

	2023	2022	Change
Revenue	$525,550	$503,984	+0.0%
Expenses	$395,399	$546,874	-0.3%
Net Income	$130,151	$-42,890	-4.0%

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

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
SHERI SCHLESINGER	President & CEO	40.00	Officer Director	$0	$0	$0
MICHAEL BAUM	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
DR ARI MACKLER	CFO	1.00	Officer Director	$0	$0	$0
DR DEBRA MUND	Secretary	1.00	Officer Director	$0	$0	$0
ZAINAB ALI	Director	1.00	Director	$0	$0	$0
DARYL NIEMEROW	Director	1.00	Director	$0	$0	$0
SHELLEY ZALIS	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	$525,550	$395,399	$266,437	$130,151
2022	$503,984	$546,874	$136,286	$-42,890
2021	$767,084	$796,963	$179,176	$-29,879
2020	$619,974	$512,256	$209,055	$107,718
2019	$642,220	$771,804	$101,337	$-129,584
2018	$777,564	$753,243	$230,921	$24,321

GENESIS THE SCHLESINGER ACADEMY FOR INNOVATION