GENESIS CHRISTIAN ACADEMY INC

EIN: 831098163 501(c)(3) Education

MARGATE, FL

Total Revenue
$6,264,632
Total Expenses
$7,130,434
Total Assets
$20,415,383
Net Assets
$-335,862
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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
2018
Legal Domicile
FL
Tax Period
2023-07-01 to 2024-06-30

GENESIS CHRISTIAN ACADEMY INC, founded in 2018, is a community nonprofit in the Education sector that reported $6.3M in total revenue in fiscal year 2023. Revenue surged 130% from the prior year, signaling strong growth momentum. Expenses of $7.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE EDUCATION FROM PRE-K THROUGH GRADE 12

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $6,242,798
Investment Income $0
Other Revenue $21,834
TOTAL REVENUE $6,264,632

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,713,742
Fundraising Expenses $0
Program Expenses $7,130,434
Other Expenses $3,416,692
TOTAL EXPENSES $7,130,434

Year-over-Year Comparison

2023 2022 Change
Revenue $6,264,632 $2,724,341 +1.3%
Expenses $7,130,434 $2,187,504 +2.3%
Net Income $-865,802 $536,837 -2.6%
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

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Governance

Voting Members
9
Independent Members
7
Employees
72
Volunteers
15

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAWN SIMPSON TREASURY 5.00
Officer
$0 $0 $0
OWEN FACEY VICE PRESIDENT 25.00
Officer
$0 $0 $0
JOHN SIMPSON CHAIRMAN 10.00
Officer
$0 $0 $0
FAYNETTE ZACCA SECRETARY 8.00
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
2025 No data No data No data No data
2024 $6,264,632 $7,130,434 $20,415,383 $-865,802
2023 $2,724,340 $2,187,504 $20,963,735 $536,836
2022 No data No data No data No data
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