Civic Intelligence

Genesis Inc.

990 • Fiscal year 2021 • EIN 80-0965193

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 16, 2022

907 15th SreetDes Moines, IA 50314

(515) 710-6838

Siviq Scores

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

Liabilities / Assets

47th percentile

0.02x

Higher debt load relative to assets than 47% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

44th percentile

0.01x

Higher debt load relative to revenue than 44% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

90th percentile

59%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

81st percentile

$78,210

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

95th percentile

175%

Faster asset growth than 95% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

89th percentile

125%

Faster revenue growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$543,362

Up $345,462 (+175%) from 2020

Net Assets

Up

$534,417

Up $364,931 (+215%) from 2020

Liabilities

Down

$8,945

Down $19,469 (-69%) from 2020

Revenue

Up

$617,228

Up $343,181 (+125%) from 2020

Expenses

Up

$252,297

Up $86,887 (+53%) from 2020

Net Income

Up

$364,931

Up $256,294 (+236%) from 2020

Historical Trend

Balance Sheet Trend

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

$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

2021

Assets$543,362
Liabilities$8,945
Net Assets$534,417

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$617,228
Expenses$252,297
Net Income$364,931
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 16, 2022
Return Version
2021v4.0
Gross Receipts
$617,228
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 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$175,795$480,997▲ $305,202
Pledges and Grants Receivable$8,000$51,000▲ $43,000
Land, Buildings, and Equipment, Net$13,700$10,960▼ $2,740
Prepaid Expenses and Deferred Charges$405$405→ $0
Loans From Officers Directors-$0-
Total Assets$197,900$543,362▲ $345,462
Liabilities
Accounts Payable and Accrued Expenses$8,414$8,445▲ $31
Deferred Revenue$20,000$500▼ $19,500
Mortgage Notes Payable Secured by Investment Property-$0-
Unsecured Notes Loans Payable-$0-
Escrow Account Liability-$0-
Tax Exempt Bond Liabilities-$0-
Total Liabilities$28,414$8,945▼ $19,469
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$367,148▲ $367,148
Net Assets Without Donor Restrictions$169,486$167,269▼ $2,217
Total Net Assets Fund Balance$169,486$534,417▲ $364,931
Total Liabilities and Net Assets / Fund Balance$197,900$543,362▲ $345,462

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$10,960$2,740$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Samuel GabrielExecutive DirectorFT$78,210$78,210

Board Members and Trustees

NameTitle
Anupam MittraBoard Chairman
Ruth MwangangiBoard Vice Chair
Gayla NesbittBoard Member
Joshua KasibboFinance
Nick PetersonGrants
Elizabeth StevensMarketing
Revenue and Support

Revenue Composition

Contributions and Grants
$616,153
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,075
All Other Contributions
$438,382
Change in Net Assets
$364,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$119,051
Other Expenses$107,470
Grants and Similar Amounts Paid$25,776
Total Fundraising Expense$404
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$57,825$20,385-$78,210
Other Salaries and Wages$32,562--$32,562
Grants to Domestic Individuals$25,776--$25,776
Payroll Taxes$8,279--$8,279
Office Expenses$2,217$4,745-$6,962
Travel$4,654--$4,654
Insurance$2,127$2,164-$4,291
Occupancy$2,520$1,633-$4,153
Depreciation Depletion$2,740--$2,740
Fees for Services Accounting-$2,671-$2,671
Fees for Services Other$1,616$51-$1,667
Information Technology$582$672-$1,254
Other Expenses$0$915$0$915
Advertising--$404$404
Total Functional Expenses$218,657$33,236$404$252,297
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,075
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
I am Africa$17,771$17,771$760$17,011
Total Events$17,771$17,771$760$17,011
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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

Form 990, Part VI, Section B, Line 11B

The form was reviewed at the annual meeting at the end of the year and the document is electronically stored to allow access to all members at any time.

Form 990, Part VI, Section B, Line 12C

Announcements are made and all members are reminded of their fiduciary duties on a quaterly basis.

Form 990, Part VI, Section B, Line 15

The organization has one Executive Director who has been serving since July 2019, his compensation is reviewed by the Finance comittee and approved by the board. Wages raises are approved by the board, however the Executive Director determines the amount paid to other lower officers based on the projects in place.

Form 990, Part VI, Section C, Line 19

The organization tax documents and governing policies are available upon request.

Filing and Contact Details

Filer

Filer Name
Genesis Inc
EIN
80-0965193
Phone
5157106838
Address
907 15th Sreet, Des Moines, IA 50314

Signing Officer

Name
Joshua Kasibbo
Title
Treasurer
Phone
9133256016
Signed
2022-03-16

Organization Details

Principal Officer
Sam Gabriel
Formed
2009
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
6
Employees
16
Volunteers
50
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Ventured into adult computer literacy - Thus training adults how to use computers, so they could apply this knowledge to help them track their children's school performance via infinite campus. Google Certification Programs - Adults looking for new job opportunities in Information Technology, Project Management, Data Analytics, and UX Design (apps programming) here is the information that they need to know. We currently have a joint project with Google, State of Iowa (IowaWorkForce / IowaWorks), to provide job finding assistance through helping individuals with resume building, mock interviews and job shadowing services. It leverages the skills and knowledge gained from the Google Certification Programs towards the participants actually getting good-paying jobs. These programs have been promoted by Google for the last 4 years. They are online paid classes administered by Coursera.com

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IRS990/ReconcilationRevenueExpnssAmt0364931
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Genesis Youth Foundation is a not for profit organization that provides after school services to the youth withn and around the Des Moines Area.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part I, Line 1
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0617228
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0241747
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0858975
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0616528
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0241747
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0111162
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0969437
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0700
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt010808
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt011508
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0858975
IRS990ScheduleA/PublicSupportTotal509Amt0980945
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0617228
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0241747
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0121970
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0980945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0617228
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0241747
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0858975
IRS990ScheduleA/TotalSupportAmt0858975
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0617228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0241747
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0121970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0980945
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
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt010960
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02740
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt013700
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010960
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0760
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0I am Africa
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017771
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017771
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017771
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017771
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017011
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0760
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0760
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GYF supported up to 250 children and youth who benefited from programs including, leadership, academics, STEM, recreational and competitive soccer, college and career prep, and more. GYF has extended its services to adults by providing the following: basic computer training including giving away more than 100 computers to close the digital gap, Provided scholarship to more than 60 adults to get trained through the Google Certificate program. Put on a Holiday Culturally appropriate food giveaway to more than 1,000 individuals.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt010000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0GYF supported up to 250 children and youth who benefited from programs including, leadership, academics, STEM, recreational and competitive soccer, college and career prep, and more. GYF has extended its services to adults by providing the following: basic computer training including giving away more than 100 computers to close the digital gap, Provided scholarship to more than 60 adults to get trained through the Google Certificate program. Put on a Holiday Culturally appropriate food giveaway to more than 1,000 individuals.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Fair market value
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The grants and assistance are given directly to the recipients. The monitoring is done through direct supervision of these outreach activities.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2

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