GENESIS CORPORATION (EIN 812380402) - 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

2016

Legal Domicile

Principal Officer

ALBERT W WHITEHEAD

Phone

9548180979

Tax Period

2024-01-01 to 2024-12-31

GENESIS CORPORATION, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $103K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 62% operating margin.

Mission

GENESIS CORPORATION IS A 501(C)(3) NOT FOR PROFIT PUBLIC BENEFIT CORPORATION WORKING TO ASSIST IN THE REVITALIZATION OF MODERATE TO LOW INCOME COMMUNITIES THROUGH REAL ESTATE DEVELOPMENT AND MANAGEMENT, PUBLIC SPACE MAINTENANCE AND COMMUNITY ENGAGEMENT AND PROMOTION.

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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 $35,425

Program Service Revenue $0

Investment Income $0

Other Revenue $67,341

TOTAL REVENUE $102,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,095

Other Expenses $39,095

TOTAL EXPENSES $39,095

Year-over-Year Comparison

	2024	2023	Change
Revenue	$102,766	$75,630	+0.4%
Expenses	$39,095	$32,974	+0.2%
Net Income	$63,671	$42,656	+0.5%

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

Employees

N/A

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
DEIDRA HAMMOND	TREASURER	0.50	Officer	$0	$0	$0
CALLIE MYKUT	VICE PRESIDE	0.50	Officer	$0	$0	$0
TAMMY PRATT	SECRETARY	0.50	Officer	$0	$0	$0
ERIC SEIBEL	DIRECTOR	0.25	Officer	$0	$0	$0
ALBERT W WHITEHEAD	PRESIDENT	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
2024	$102,766	$39,095	$606,492	$63,671
2023	$75,630	$32,974	$543,130	$42,656
2022	$85,865	$38,319	$502,729	$47,546
2021	$103,333	$33,235	$455,183	$70,098
2020	$47,257	$35,087	$385,085	$12,170
2019	$191,475	$45,307	$359,025	$146,168
2018	$137,992	$28,370	$212,857	$109,622

GENESIS CORPORATION