Civic Intelligence

Genesis Inc

EIN 80-0965193 • 501(c)3 • Des Moines, IA

Profile

Empower nbsp;underserved nbsp;youth nbsp;and nbsp;young nbsp;adults nbsp;through nbsp;sports nbsp;and nbsp;arts nbsp;while nbsp;engaging nbsp;them nbsp;in nbsp;educational nbsp;opportunities nbsp;to nbsp;become nbsp;effective nbsp;leaders nbsp;and nbsp;productive nbsp;citizens nbsp;genesis nbsp;attempts nbsp;to nbsp;level nbsp;the nbsp;paying nbsp;field nbsp;for nbsp;immigrants/refugee nbsp;children

907 15th StreetDes Moines, IA 50314

genesisyouthfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

18th percentile

-32%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

91st percentile

$17,833

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

26th percentile

-27%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

14%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$411,902

Down $148,631 (-27%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$411,902

Down $148,631 (-27%) from 2023

Revenue

Up

$449,883

Up $54,677 (+14%) from 2023

Expenses

Up

$592,724

Up $76,346 (+15%) from 2023

Net Income

Down

-$142,841

Down $21,669 (-18%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2019: $60,074Liabilities 2019: $0Net Assets 2019: $60,0742019Assets 2020: $197,900Liabilities 2020: $28,414Net Assets 2020: $169,4862020Assets 2021: $543,362Liabilities 2021: $8,945Net Assets 2021: $534,4172021Assets 2022: $692,945Liabilities 2022: $11,240Net Assets 2022: $681,7052022Assets 2023: $560,533Liabilities 2023: $0Net Assets 2023: $560,5332023Assets 2024: $411,902Liabilities 2024: $0Net Assets 2024: $411,9022024

Highlighted filing

2024

Assets$411,902
Liabilities$0
Net Assets$411,902

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2019: $121,025Expenses 2019: $72,981Net Income 2019: $48,0442019Revenue 2020: $274,047Expenses 2020: $165,410Net Income 2020: $108,6372020Revenue 2021: $617,228Expenses 2021: $252,297Net Income 2021: $364,9312021Revenue 2022: $528,490Expenses 2022: $378,634Net Income 2022: $149,8562022Revenue 2023: $395,206Expenses 2023: $516,378Net Income 2023: -$121,1722023Revenue 2024: $449,883Expenses 2024: $592,724Net Income 2024: -$142,8412024

Highlighted filing

2024

Revenue$449,883
Expenses$592,724
Net Income-$142,841

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2024
Return Version
2024v5.2
Gross Receipts
$449,883
Mission and Program Overview

Mission

Empower underserved youth and young adults through sports and the arts while engaging them in educational opportunities to become effective leaders and productive citizens. Genesis attempts to "level the playing field" for Genesis immigrant/refugee children - primarily first-generation Africans - in central Iowa area.

Empower underserved youth and young adults through sports and arts while engaging them in educational opportunities to become effective leaders and productive citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$258,888-
Savings and Temporary Cash Investments-$100,000-
Accounts Receivable-$29,321-
Land, Buildings, and Equipment, Net-$21,834-
Prepaid Expenses and Deferred Charges-$1,859-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$411,902▲ $411,902
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$560,533$391,902▼ $168,631
Net Assets With Donor Restrictions$-560,533$20,000▲ $580,533
Total Net Assets Fund Balance$0$411,902▲ $411,902
Total Liabilities and Net Assets / Fund Balance$0$411,902▲ $411,902
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Samuel GabrielExecutive DirectorFT$79,262$79,262

Board Members and Trustees

NameTitle
Dan SeemuthBoard President
Brian BrownVice President
Jacob HicksBoard Member
John BunzBoard Member
Jamesetta MatorBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$439,641
Program Service Revenue
$0
Investment Income
$10,242
Other Revenue
$0
All Other Contributions
$207,969
Change in Net Assets
$-142,841
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$312,550
Other Expenses$280,174
Total Fundraising Expense$14,074
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$185,619--$185,619
Fees for Services Accounting-$81,000-$81,000
Current Officers, Directors, Trustees, and Key Employees-$79,262-$79,262
Payroll Taxes$28,018$8,967-$36,985
Fees for Services Management$31,734--$31,734
Travel$31,560--$31,560
Occupancy$11,212$17,000-$28,212
Advertising--$14,074$14,074
Depreciation Depletion$11,019--$11,019
Other Employee Benefits$7,279$3,405-$10,684
Other Expenses$6,989$635-$6,989
Insurance$6,013--$6,013
Information Technology$3,399$2,515-$5,914
All Other Expenses$162$1,613-$1,775
Total Functional Expenses$384,253$194,397$14,074$592,724
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11B

Prepared by an independent firm that presents it to the board for approval before filling

Part VI, Section B, Line 12C

From time to time the compensated officers are required to disclose any conflict of interest that might arise in the course of their respective duties

Part VI, Section B, Line 15A

Board of directors reviewed and approved the compensation for the ceo, the review porcess was done by an independent comittee.

Part VI, Section C, Line 19

A file is maintained at the office where the public can review this form upon request

Part VII, Line 1A(B)

Outreach to current and potential donors. Quaterly board meetings - asses organizational strategic goals and review implementation progress.

Part VII, Line 1A(B)

Outreach to current and potential donors. Quaterly board meetings - asses organizational strategic goals and review implementation progress.

Part VII, Line 1A(B)

Outreach to current and potential donors. Quaterly board meetings - asses organizational strategic goals and review implementation progress.

Part VII, Line 1A(B)

Outreach to current and potential donors. Quaterly board meetings - asses organizational strategic goals and review implementation progress.

Part VII, Line 1A(B)

Outreach to current and potential donors. Quaterly board meetings - asses organizational strategic goals and review implementation progress.

Part VII, Line 1A(B)

Outreach to current and potential donors. Quaterly board meetings - asses organizational strategic goals and review implementation progress.

Filing and Contact Details

Filer

Filer Name
Genesis Inc
EIN
80-0965193
Phone
5157106838
Address
907 15TH STREET, DES MOINES, IA 50314
Doing Business As
Genesis Youth Foundation

Signing Officer

Name
Samuel G Gabriel
Title
CEO
Phone
5157106838
Signed
2024-05-13

Organization Details

Principal Officer
Samuel Gabriel
Formed
2009
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
5
Employees
27

Preparer

Firm
Drds Cpas & Consultants LLC
Address
3520 BEAVER AVE STE D 11, DES MOINES, IA 50310
Preparer
Dan G Ssozi
Phone
5157706435
Supplemental Narrative

Additional Explanations

Part IX, Line 24E

Major programming expenses include community training programs, online training software ,community outreach , program meals, soccer equipment, tournament regestration fees and supplies and materials.

Part XI, Line 9

This represents a net loss from operations.

Part XII, Line 2C

There has been no change in the organization oversight.

Raw XML Appendix391 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.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0241747
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02101802
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010243
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt015472
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt025715
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt062553
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt050304
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0112857
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010243
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt015472
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt025715
IRS990ScheduleA/InvestmentIncomeCYPct00.01150
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98850
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt02214659
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0436604
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0391371
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0528409
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0616528
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0241747
IRS990ScheduleA/Total509Grp/TotalAmt02214659
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0446847
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0406843
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0528409
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0616528
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0241747
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02240374
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PREPARED BY AN INDEPENDENT FIRM THAT PRESENTS IT TO THE BOARD FOR APPROVAL BEFORE FILLING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FROM TIME TO TIME THE COMPENSATED OFFICERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST THAT MIGHT ARISE IN THE COURSE OF THEIR RESPECTIVE DUTIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS REVIEWED AND APPROVED THE COMPENSATION FOR THE CEO, THE REVIEW PORCESS WAS DONE BY AN INDEPENDENT COMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A FILE IS MAINTAINED AT THE OFFICE WHERE THE PUBLIC CAN REVIEW THIS FORM UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUTREACH TO CURRENT AND POTENTIAL DONORS. QUATERLY BOARD MEETINGS - ASSES ORGANIZATIONAL STRATEGIC GOALS AND REVIEW IMPLEMENTATION PROGRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OUTREACH TO CURRENT AND POTENTIAL DONORS. QUATERLY BOARD MEETINGS - ASSES ORGANIZATIONAL STRATEGIC GOALS AND REVIEW IMPLEMENTATION PROGRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OUTREACH TO CURRENT AND POTENTIAL DONORS. QUATERLY BOARD MEETINGS - ASSES ORGANIZATIONAL STRATEGIC GOALS AND REVIEW IMPLEMENTATION PROGRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OUTREACH TO CURRENT AND POTENTIAL DONORS. QUATERLY BOARD MEETINGS - ASSES ORGANIZATIONAL STRATEGIC GOALS AND REVIEW IMPLEMENTATION PROGRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OUTREACH TO CURRENT AND POTENTIAL DONORS. QUATERLY BOARD MEETINGS - ASSES ORGANIZATIONAL STRATEGIC GOALS AND REVIEW IMPLEMENTATION PROGRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OUTREACH TO CURRENT AND POTENTIAL DONORS. QUATERLY BOARD MEETINGS - ASSES ORGANIZATIONAL STRATEGIC GOALS AND REVIEW IMPLEMENTATION PROGRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MAJOR PROGRAMMING EXPENSES INCLUDE COMMUNITY TRAINING PROGRAMS, ONLINE TRAINING SOFTWARE ,COMMUNITY OUTREACH , PROGRAM MEALS, SOCCER EQUIPMENT, TOURNAMENT REGESTRATION FEES AND SUPPLIES AND MATERIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11THIS REPRESENTS A NET LOSS FROM OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12THERE HAS BEEN NO CHANGE IN THE ORGANIZATION OVERSIGHT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9PART VII, LINE 1A(B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt0411902
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0411902
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0439641
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014074
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0194397
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0384253
IRS990/TotalFunctionalExpensesGrp/TotalAmt0592724
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0411902
IRS990/TotalProgramServiceExpensesAmt071152
IRS990/TotalReportableCompFromOrgAmt079262
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0449883
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0411902
IRS990/TransactionWithControlEntInd00
IRS990/TravelGrp/ProgramServicesAmt031560
IRS990/TravelGrp/TotalAmt031560
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt02515 NW 44TH ST
IRS990/USAddress/CityNm0ANKENY
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050023
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0EMPOWER UNDERSERVED YOUTH AND YOUNG ADULTS THROUGH SPORTS AND ARTS WHILE ENGAGING THEM IN EDUCATIONAL OPPORTUNITIES TO BECOME EFFECTIVE LEADERS AND PRODUCTIVE CITIZENS
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SAMUEL G GABRIEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05157106838
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GENESIS INC
ReturnHeader/Filer/BusinessNameControlTxt0GENE
ReturnHeader/Filer/EIN0800965193
ReturnHeader/Filer/PhoneNum05157106838
ReturnHeader/Filer/USAddress/AddressLine1Txt0907 15TH STREET
ReturnHeader/Filer/USAddress/CityNm0DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050314
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0882913722
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DRDS CPAS & CONSULTANTS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03520 BEAVER AVE STE D 11
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050310
ReturnHeader/PreparerPersonGrp/PhoneNum05157706435
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAN G SSOZI
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-11T15:40:45-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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