GENESIS INC

EIN: 800965193 501(c)(3) Youth Development

DES MOINES, IA

Total Revenue
$449,883
Total Expenses
$592,724
Total Assets
$411,902
Net Assets
$411,902
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
IA
Principal Officer
SAMUEL GABRIEL
Phone
5157106838
Tax Period
2024-01-01 to 2024-12-31

GENESIS INC, founded in 2009, is a small nonprofit in the Youth Development sector that reported $450K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $593K exceeded revenue, resulting in a 32% operating deficit.

Mission

EMPOWER NBSP;UNDERSERVED NBSP;YOUTH NBSP;AND NBSP;YOUNG NBSP;ADULTS NBSP;THROUGH NBSP;SPORTS NBSP;AND NBSP;ARTS NBSP;WHILE NBSP;ENGAGING NBSP;THEM NBSP;IN NBSP;EDUCATIONAL NBSP;OPPORTUNITIES NBSP;TO NBSP;BECOME NBSP;EFFECTIVE NBSP;LEADERS NBSP;AND NBSP;PRODUCTIVE NBSP;CITIZENS NBSP;GENESIS NBSP;ATTEMPTS NBSP;TO NBSP;LEVEL NBSP;THE NBSP;PAYING NBSP;FIELD NBSP;FOR NBSP;IMMIGRANTS/REFUGEE NBSP;CHILDREN

Program Service Accomplishments

Program 1
Expenses: $23,257

EMPOWERING YOUTH TO LEAD WITH PURPOSE THE UBUNTU LEADERSHIP ACADEMY AT GENESIS YOUTH FOUNDATION IS A TRANSFORMATIVE LEADERSHIP PROGRAM FOR IMMIGRANT AND REFUGEE YOUTH IN GRADES 312. ROOTED IN THE...

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EMPOWERING YOUTH TO LEAD WITH PURPOSE THE UBUNTU LEADERSHIP ACADEMY AT GENESIS YOUTH FOUNDATION IS A TRANSFORMATIVE LEADERSHIP PROGRAM FOR IMMIGRANT AND REFUGEE YOUTH IN GRADES 312. ROOTED IN THE AFRICAN PHILOSOPHY OF UBUNTU WHICH MEANS I AM BECAUSE WE ARE THE PROGRAM CULTIVATES YOUNG SERVANT LEADERS WHO UNDERSTAND THE VALUE OF COMMUNITY CULTURAL IDENTITY AND RESPONSIBILITY. THROUGH YEAR-ROUND PROGRAMMING IN LEADERSHIP ACADEMICS WORKFORCE READINESS AND THE ARTS UBUNTU EQUIPS YOUTH TO THRIVE AT HOME IN SCHOOL AND IN SOCIETY.

Program 2
Expenses: $21,043

GENESIS FOOTBALL CLUB TO LEVEL THE PLAYING FIELD BY PROVIDING ACCESS TO QUALITY SOCCER TRAINING MENTORSHIP AND LIFE SKILLS FOR YOUTH FROM UNDERSERVED COMMUNITIES.

Program 3
Expenses: $26,852

FAMILY SUPPORT SERVICES. AT GENESIS YOUTH FOUNDATION WE BELIEVE THAT WHEN FAMILIES ARE SUPPORTED YOUTH THRIVE. OUR FAMILY SUPPORT PROGRAM IS DESIGNED TO MEET THE UNIQUE NEEDS OF IMMIGRANT AND REFUGEE...

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FAMILY SUPPORT SERVICES. AT GENESIS YOUTH FOUNDATION WE BELIEVE THAT WHEN FAMILIES ARE SUPPORTED YOUTH THRIVE. OUR FAMILY SUPPORT PROGRAM IS DESIGNED TO MEET THE UNIQUE NEEDS OF IMMIGRANT AND REFUGEE FAMILIES AS THEY ADJUST TO LIFE IN THE UNITED STATES. WE PROVIDE WRAPAROUND SERVICES THAT ENSURE CHILDREN PARENTS AND GUARDIANS RECEIVE THE GUIDANCE TOOLS AND RESOURCES THEY NEED TO BUILD STRONG STABLE FUTURES TOGETHER.

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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 $439,641
Program Service Revenue $0
Investment Income $10,242
Other Revenue $0
TOTAL REVENUE $449,883

Expense Breakdown

Grants Paid $0
Salaries & Benefits $312,550
Fundraising Expenses $14,074
Program Expenses $71,152
Other Expenses $280,174
TOTAL EXPENSES $592,724

Year-over-Year Comparison

2024 2023 Change
Revenue $449,883 $395,206 +0.1%
Expenses $592,724 N/A N/A
Net Income $-142,841 $395,206 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
5
Employees
27
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
1
$79,262
Total Directors
6
$79,262
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN SEEMUTH BOARD PRESIDENT 002.00
Director
$0 $0 $0
BRIAN BROWN VICE PRESIDENT 002.00
Director
$0 $0 $0
JAMESETTA MATOR BOARD SECRETARY 003.00
Director
$0 $0 $0
JOHN BUNZ BOARD MEMBER 002.00
Director
$0 $0 $0
JACOB HICKS BOARD MEMBER 002.00
Director
$0 $0 $0
SAMUEL GABRIEL EXECUTIVE DIRECTOR 040.00
Officer Director
$79,262 $0 $79,262
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 $449,883 $592,724 $411,902 $-142,841
2023 $395,206 $516,378 $560,533 $-121,172
2022 $528,490 $378,634 $692,945 $149,856
2021 $617,228 $252,297 $543,362 $364,931
2020 $274,047 $165,410 $197,900 $108,637
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