Civic Intelligence

Genesis Academy Inc

990 • Fiscal year 2020 • EIN 26-0175731

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 13, 2021

Organization Profile
428 Georges Fork RoadBurnsville, NC 28714

(828) 536-4819

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.26x

Higher debt load relative to assets than 86% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

0.34x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Net Margin

42nd percentile

0.1%

Higher net margin than 42% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Asset Growth

35th percentile

-4.1%

Faster asset growth than 35% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

-16%

Faster revenue growth than 53% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$226,231

Down $9,551 (-4.1%) from 2019

Net Assets

Up

$166,827

Up $207 (+0.1%) from 2019

Liabilities

Down

$59,404

Down $9,758 (-14%) from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin42nd percentile

Revenue

Down

$176,450

Down $34,499 (-16%) from 2019

Expenses

Down

$176,243

Down $32,857 (-16%) from 2019

Net Income

Down

$207

Down $1,642 (-89%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2017: $195,194Liabilities 2017: $82,460Net Assets 2017: $112,7342017Assets 2018: $216,153Liabilities 2018: $51,382Net Assets 2018: $164,7712018Assets 2019: $235,782Liabilities 2019: $69,162Net Assets 2019: $166,6202019Assets 2020: $226,231Liabilities 2020: $59,404Net Assets 2020: $166,8272020Assets 2021: $244,521Liabilities 2021: $26,128Net Assets 2021: $218,3932021Assets 2022: $266,087Liabilities 2022: $8,245Net Assets 2022: $257,8422022Assets 2023: $311,849Liabilities 2023: $7,876Net Assets 2023: $303,9732023Assets 2024: $342,605Liabilities 2024: $7,024Net Assets 2024: $335,5812024

Highlighted filing

2020

Assets$226,231
Liabilities$59,404
Net Assets$166,827
Open 2020 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0Revenue 2017: $234,247Expenses 2017: $195,481Net Income 2017: $38,7662017Revenue 2018: $297,169Expenses 2018: $245,132Net Income 2018: $52,0372018Revenue 2019: $210,949Expenses 2019: $209,100Net Income 2019: $1,8492019Revenue 2020: $176,450Expenses 2020: $176,243Net Income 2020: $2072020Revenue 2021: $273,940Expenses 2021: $222,374Net Income 2021: $51,5662021Revenue 2022: $332,990Expenses 2022: $293,541Net Income 2022: $39,4492022Revenue 2023: $376,238Expenses 2023: $330,107Net Income 2023: $46,1312023Revenue 2024: $330,763Expenses 2024: $299,155Net Income 2024: $31,6082024

Highlighted filing

2020

Revenue$176,450
Expenses$176,243
Net Income$207
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 13, 2021
Return Version
2020v4.0
Gross Receipts
$176,450
Mission and Program Overview

Mission

To operate a pre-school and after-school programs for all residents of the yancey county

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$166,620$166,827▲ $207
Land, Buildings, and Equipment, Net$183,082$164,714▼ $18,368
Cash and Non-Interest-Bearing Accounts$39,033$50,289▲ $11,256
Accounts Receivable$13,667$11,228▼ $2,439
Total Assets$235,782$226,231▼ $9,551
Liabilities
Mortgage Notes Payable Secured by Investment Property$64,140$53,080▼ $11,060
Accounts Payable and Accrued Expenses$5,022$6,324▲ $1,302
Total Liabilities$69,162$59,404▼ $9,758
Net Assets / Fund Balance
Total Net Assets Fund Balance$166,620$166,827▲ $207
Total Liabilities and Net Assets / Fund Balance$235,782$226,231▼ $9,551

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$143,331$17,251$160,582
Equipment$21,383$23,567$44,950
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
Kenny WilsonPresident
Patti GarlandSecretary
Ann DewauldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$44
Program Service Revenue
$176,406
Investment Income
$0
Other Revenue
$0
All Other Contributions
$44
Change in Net Assets
$207
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$92,468
Salaries, Compensation, and Employee Benefits$83,775
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$64,148$13,440-$77,588
Occupancy$38,894--$38,894
Depreciation Depletion$18,375--$18,375
Fees for Services Other$6,720--$6,720
Payroll Taxes$5,151$1,036-$6,187
Insurance$5,668--$5,668
Interest$3,023--$3,023
All Other Expenses$1,886--$1,886
Other Expenses$1,788--$1,788
Office Expenses-$1,500-$1,500
Fees for Services Accounting-$655-$655
Advertising$651--$651
Total Functional Expenses$159,612$16,631$0$176,243
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 and related attachments are reviewed with the board upon completion of the tax forms.”

Form 990, Page 6, Part VI, Line 19

“Written requests to review governing documents are made to anyone who makes the request. These documents can be reviewed during regular business hours at the school.”

Filing and Contact Details

Filer

Filer Name
Genesis Academy Inc
EIN
26-0175731
Phone
8285364819
Address
428 GEORGES FORK ROAD, BURNSVILLE, NC 28714

Signing Officer

Name
Kenny Wilson
Title
President
Phone
8286824828
Signed
2021-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenny Wilson
Formed
2007
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
14

Preparer

Firm
Paul N Badgley Pc
Address
9 E MAIN ST STE 200, BURNSVILLE, NC 28714
Preparer
Paul N Badgley
Phone
8286789628
Raw XML Appendix300 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05022
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06324
IRS990/AccountsReceivableGrp/BOYAmt013667
IRS990/AccountsReceivableGrp/EOYAmt011228
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE A PRE-SCHOOL AND AFTER-SCHOOL PROGRAMS FOR ALL RESIDENTS OF THE YANCEY COUNTY
IRS990/AdvertisingGrp/ProgramServicesAmt0651
IRS990/AdvertisingGrp/TotalAmt0651
IRS990/AllOtherContributionsAmt044
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01886
IRS990/AllOtherExpensesGrp/TotalAmt01886
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0KENNY WILSON
IRS990/BooksInCareOfDetail/PhoneNum08285364819
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0HIGHWAY 19-E
IRS990/BooksInCareOfDetail/USAddress/CityNm0BURNSVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028714
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt039033
IRS990/CashNonInterestBearingGrp/EOYAmt050289
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt044
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt092468
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0176406
IRS990/CYRevenuesLessExpensesAmt0207
IRS990/CYSalariesCompEmpBnftPaidAmt083775
IRS990/CYTotalExpensesAmt0176243
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0176450
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt018375
IRS990/DepreciationDepletionGrp/TotalAmt018375
IRS990/Desc0TO PROVIDE A SAFE, STRUCTURED LEARNING ENVIROMENT FOR CHILDREN OF ALL RACES, CREEDS, AND COLORS WHILE SHOWING CHILDREN A LIFESTYLE BASED ON JESUS' LOVE FOR THEM
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt014
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0159612
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0655
IRS990/FeesForServicesAccountingGrp/TotalAmt0655
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06720
IRS990/FeesForServicesOtherGrp/TotalAmt06720
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0PATTI GARLAND
IRS990/Form990PartVIISectionAGrp/PersonNm1ANN DEWAULD
IRS990/Form990PartVIISectionAGrp/PersonNm2KENNY WILSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0176450
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt05668
IRS990/InsuranceGrp/TotalAmt05668
IRS990/InterestGrp/ProgramServicesAmt03023
IRS990/InterestGrp/TotalAmt03023
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt040818
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0183082
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0164714
IRS990/LandBldgEquipCostOrOtherBssAmt0205532
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE A PRE-SCHOOL AND AFTER-SCHOOL PROGRAMS FOR ALL RESIDENTS OF THE YANCEY COUNTY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt064140
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt053080
IRS990/NetAssetsOrFundBalancesBOYAmt0166620
IRS990/NetAssetsOrFundBalancesEOYAmt0166827
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt038894
IRS990/OccupancyGrp/TotalAmt038894
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01500
IRS990/OfficeExpensesGrp/TotalAmt01500
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2SPECIAL SERV ICES
IRS990/OtherExpensesGrp/Desc3TECHNOLOGY
IRS990/OtherExpensesGrp/ProgramServicesAmt06961
IRS990/OtherExpensesGrp/ProgramServicesAmt14526
IRS990/OtherExpensesGrp/ProgramServicesAmt21821
IRS990/OtherExpensesGrp/ProgramServicesAmt31788
IRS990/OtherExpensesGrp/TotalAmt06961
IRS990/OtherExpensesGrp/TotalAmt14526
IRS990/OtherExpensesGrp/TotalAmt21821
IRS990/OtherExpensesGrp/TotalAmt31788
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013440
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt064148
IRS990/OtherSalariesAndWagesGrp/TotalAmt077588
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01036
IRS990/PayrollTaxesGrp/ProgramServicesAmt05151
IRS990/PayrollTaxesGrp/TotalAmt06187
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KENNY WILSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0176406
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0176406
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05142
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt080710
IRS990/PYProgramServiceRevenueAmt0205807
IRS990/PYRevenuesLessExpensesAmt01849
IRS990/PYSalariesCompEmpBnftPaidAmt0128390
IRS990/PYTotalExpensesAmt0209100
IRS990/PYTotalRevenueAmt0210949
IRS990/ReconcilationRevenueExpnssAmt0207
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0176406
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0166620
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0166827
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt021383
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023567
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt044950
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0143331
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt017251
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0160582
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0164714
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SCHOOL'S NON-DISCRIMINATION POLICY IS KNOWN IN THE COMMUNITY FROM EXISTING STUDENTS' PARENTS AND FROM COMMUNICATION WITH LOCAL SCHOOL BOARD AND RELATED PERSONNEL
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 AND RELATED ATTACHMENTS ARE REVIEWED WITH THE BOARD UPON COMPLETION OF THE TAX FORMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WRITTEN REQUESTS TO REVIEW GOVERNING DOCUMENTS ARE MADE TO ANYONE WHO MAKES THE REQUEST. THESE DOCUMENTS CAN BE REVIEWED DURING REGULAR BUSINESS HOURS AT THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0235782
IRS990/TotalAssetsEOYAmt0226231
IRS990/TotalAssetsGrp/BOYAmt0235782
IRS990/TotalAssetsGrp/EOYAmt0226231
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt044
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016631
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0159612
IRS990/TotalFunctionalExpensesGrp/TotalAmt0176243
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt069162
IRS990/TotalLiabilitiesEOYAmt059404
IRS990/TotalLiabilitiesGrp/BOYAmt069162
IRS990/TotalLiabilitiesGrp/EOYAmt059404
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0166620
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0166827
IRS990/TotalProgramServiceExpensesAmt0159612
IRS990/TotalProgramServiceRevenueAmt0176406
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0176406
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0176450
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0235782
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0226231
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0HIGHWAY 19-E
IRS990/USAddress/CityNm0BURNSVILLE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028714
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNY WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08286824828
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GENESIS ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0GENE
ReturnHeader/Filer/EIN0260175731
ReturnHeader/Filer/PhoneNum08285364819
ReturnHeader/Filer/USAddress/AddressLine1Txt0428 GEORGES FORK ROAD
ReturnHeader/Filer/USAddress/CityNm0BURNSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028714
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260267404
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PAUL N BADGLEY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09 E MAIN ST STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BURNSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028714
ReturnHeader/PreparerPersonGrp/PhoneNum08286789628
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL N BADGLEY
ReturnHeader/ReturnTs02021-09-14T15:15:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JACKIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JOLLY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$226,231
Liabilities
$59,404
Net assets
$166,827
Revenue
$176,450
Expenses
$176,243
Net income
$207
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.07$3.36$3.31$2.99$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.12$0.08$3.04$3.76$3.30$0.46
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.08$2.58$3.33$2.94$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.45$0.26$2.18$2.74$2.22$0.52
2020Detailed filing. Detailed filing data is available for this year.$2.26$0.59$1.67$1.76$1.76$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.69$1.67$2.11$2.09$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.51$1.65$2.97$2.45$0.52
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.82$1.13$2.34$1.95$0.39