GENESIS FOUNDATION INC

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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

2000

Legal Domicile

Principal Officer

CAROLINA ESQUENAZI

Phone

2124211933

Tax Period

2024-01-01 to 2024-12-31

GENESIS FOUNDATION INC, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $164K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $400K exceeded revenue, resulting in a 144% operating deficit.

Mission

GENESIS FOUNDATION SEEKS TO CREATE A MORE INCLUSIVE SOCIETY FOR COLOMBIAN CHILDREN BY IMPROVING THE QUALITY OF THEIR EDUCATION. WE ENHANCE PROGRAMS THAT PROVIDE CHILDREN IN VULNERABLE LIFE SITUATIONS WITH BETTER OPPORTUNITIES TO DEVELOP AND SUCCEED.

Program Service Accomplishments

Program 1

Expenses: $400,023

GENESIS PORTFOLIO - PROVIDES FUNDS, PROJECTS AND PROGRAMS IN THE AREA FORMAL EDUCATION, BENEFITING CHILDREN 0-18 YEARS OLD, AS WELL AS TRAINING PROGRAMS IN THESE TWO AREAS.

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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 $25,000

Program Service Revenue $0

Investment Income $138,991

Other Revenue $0

TOTAL REVENUE $163,991

Expense Breakdown

Grants Paid $400,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $400,023

Other Expenses $188

TOTAL EXPENSES $400,188

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,991	$128,132	+0.3%
Expenses	$400,188	$681,097	-0.4%
Net Income	$-236,197	$-552,965	-0.6%

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

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
CAROLINA ESQUENAZI	PRESIDENT	0.50	Officer Director	$0	$0	$0
MIREE KIM	TREASURER & SECRETARY	0.50	Officer Director	$0	$0	$0
JAIME BERMUDEZ	DIRECTOR	0.50	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	$163,991	$400,188	$2,781,966	$-236,197
2023	$128,132	$681,097	$3,029,026	$-552,965
2022	$29,160	$476,759	$3,540,355	$-447,599
2021	$91,142	$1,018,085	$4,049,108	$-926,943
2020	$326,952	$1,264,281	$5,063,885	$-937,329
2019	$5,516,708	$1,002,049	$6,045,965	$4,514,659
2018	$1,126,661	$1,608,423	$1,644,944	$-481,762