Genesis Associates Inc (EIN 820479588) - 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

1990

Legal Domicile

Principal Officer

Robert Henninger

Tax Period

2023-07-01 to 2024-06-30

Genesis Associates Inc, founded in 1990, is a small nonprofit in the Youth Development sector that reported $159K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $191K exceeded revenue, resulting in a 20% operating deficit.

Mission

Specializes in relationships and counseling

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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 $30,515

Program Service Revenue $128,230

Investment Income $0

Other Revenue $0

TOTAL REVENUE $158,745

Expense Breakdown

Grants Paid $0

Salaries & Benefits $146,004

Fundraising Expenses $0

Program Expenses $190,571

Other Expenses $44,567

TOTAL EXPENSES $190,571

Year-over-Year Comparison

	2023	2022	Change
Revenue	$158,745	$171,016	-0.1%
Expenses	$190,571	$197,572	0.0%
Net Income	$-31,826	$-26,556	+0.2%

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

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

$83,137

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Henninger	President	40.00	Officer	$42,317	$0	$42,317
Mark Cornelius	Treasurer	40.00	Officer	$40,820	$0	$40,820
Doug Weiber	Board Member	1.00	Director	$0	$0	$0
Thekla Sheperd	Secretary	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	$158,745	$190,571	$10,536	$-31,826
2023	$171,016	$197,572	$45,299	$-26,556
2022	$192,281	$195,723	$72,906	$-3,442
2021	$196,736	$197,394	$76,397	$-658
2020	$220,915	$194,284	$76,327	$26,631
2019	$207,508	$205,500	$51,309	$2,008
2018	$201,811	$197,606	$48,285	$4,205

Genesis Associates Inc