Genesis Church

EIN: 881764395 501(c)(3) Religion

WILLIMANTIC, CT

Total Revenue
$25,368
Total Expenses
$10,018
Total Assets
$15,350
Net Assets
$15,350
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CT
Principal Officer
Rebecca Lacy
Tax Period
2022-01-01 to 2022-12-31

Genesis Church, founded in 2022, is a micro nonprofit in the Religion sector that reported $25K in total revenue in fiscal year 2022. The organization ran a surplus of $15K, a strong 61% operating margin.

Mission

To read to lost souls in commun

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $24,672
Program Service Revenue $0
Investment Income $0
Other Revenue $696
TOTAL REVENUE $25,368

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,018
Other Expenses $10,018
TOTAL EXPENSES $10,018

Year-over-Year Comparison

2022 2021 Change
Revenue $25,368 N/A N/A
Expenses $10,018 N/A N/A
Net Income $15,350 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Owen Green Pastor 15
Officer
$0 $0 $0
Christoper Lac Asst Pastor 15
Officer
$0 $0 $0
Kristy Green Secretary 20
Officer
$0 $0 $0
Rebecca Lacy Treasurer 15
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
2022 $25,368 $10,018 $15,350 $15,350
Explore More Nonprofits
Top 100 Nonprofits in Connecticut Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Genesis Church with other nonprofits in Connecticut and across the country.