Civic Intelligence

Genanaw Foundation Inc

EIN 85-3541102 • 501(c)3 • Brookeville, MD

Profile

Provide access to school education

21821 Gaithers Meadow LaneBrookeville, MD 20833
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 2022

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

95th percentile

78%

Higher net margin than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

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.

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

98th percentile

458%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

47th percentile

-3.6%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Assets

Up

$62,320

Up $60,320 (+3016%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Up

$62,320

Up $60,320 (+3016%) from 2020

Revenue

Down

$51,110

Down $3,890 (-7.1%) from 2020

Expenses

Down

$10,989

Down $42,011 (-79%) from 2020

Net Income

Up

$40,121

Up $38,121 (+1906%) from 2020

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2020: $2,000Liabilities 2020: $0Net Assets 2020: $2,0002020Assets 2022: $62,320Liabilities 2022: $0Net Assets 2022: $62,3202022

Highlighted filing

2022

Assets$62,320
Liabilities$0
Net Assets$62,320

Operations Trend

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

$60K$40K$20K$0Revenue 2020: $55,000Expenses 2020: $53,000Net Income 2020: $2,0002020Revenue 2022: $51,110Expenses 2022: $10,989Net Income 2022: $40,1212022

Highlighted filing

2022

Revenue$51,110
Expenses$10,989
Net Income$40,121

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 30, 2023
Return Version
2022v5.0
Gross Receipts
$51,110
Mission and Program Overview

Mission

Provide access to school education

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
THE PROGRAM HAS STARTED BUILDING GRADES 7 AND 8 THIS YEAR. THE DESIGN AND ALL LEGAL GOVT PERMITS WERE ALSO OBTAINED LAST YEAR. THE TOTAL BUDGET IS $172,000.$72,000$179,200
THE PROGRAM HAS PROVIDED SCHOOL MATERIALS TO STUDENTS AND OTHER SUPPLIES TO THE SCHOOL BASED ON THEIR REQUEST. THREE HUNDRED SCHOOL CHILDREN BENFFITED FROM THE SCHOOL MATERIALS.$3,231$3,231
THE FOUNDATION BOUGHT A TRANSFORMER TO PROVIDE ELECTRICITY TO THE SCHOOL AND THE COMMUNITY. CLOSE TO FIVE HUNDRED FAMILIES AND THE SCHOOL WILL BENEFIT FROM ELECTRICITY PROVISIONING$3,200$3,200
Other program services$750$750
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BEREKET TESHALEFoundation Rep In EthiopiaPT$300$200$500
DENENESH GENANAWFoundation Treasurer In EthiopiaPT$0$100$100
DEREJE GENANAWPresidentPT$0--
MATTHEW BENNETTSecretary-$0--
GARY GERSTENFIELDVice President-$0--
ROBERT DEMIRJITreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Genanaw Foundation Inc
EIN
85-3541102
Address
21821 GAITHERS MEADOW LANE, BROOKEVILLE, MD 20833

Signing Officer

Name
Dereje Genanaw
Title
President
Phone
2403932015
Signed
2023-09-30
Discuss with paid preparer
Yes

Preparer

Firm
Seron Accounting LLC
Address
15316 SPENCERVILLE CT STE 202, BURTONSVILLE, MD 20866
Preparer
David Shin
Phone
2403422203
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990-ez part iii the organizations primary exempt purposeprovide primary and junior high school access to students by building a school in the genet mariam area of ethiopia, in aymelel gurage district (a.k.a sodo gurage). The foundation also provides school learning supplies for students and necessary materials for the teachers. The foundation also acquired a step-down transformer to provide electricity to the school above and the community in the village.

Description of other expenses Part I line 16

Description amountstep down transformer 3,200school supplies 3,231

Description of other assets Part II line 24

Category beginning of year end of yearbank deposit in ethiopia 1,341 20,870

Other program services Part III line 31

The foundation has purchased 50 reusable protective kits from days for girls(dfg) international. The kits will be given to the girls at the genet mariam primary and junior high school at the beginning of the school year for 2023. Each kit costs $15 us dollars. The total is $750.00.

Raw XML Appendix173 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SERON ACCOUNTING LLC
IRS990EZ/BooksInCareOfDetail/PhoneNum02403422203
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt015316 SPENCERVILLE CT STE 202
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BURTONSVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020866
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020858
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt041450
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt051110
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt040121
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01280
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountCntryCd0ET
IRS990EZ/ForeignFinancialAccountInd0true
IRS990EZ/ForeignOfficeCountryCd0ET
IRS990EZ/ForeignOfficeInd0true
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt022199
IRS990EZ/Form990TotalAssetsGrp/EOYAmt062320
IRS990EZ/GrossReceiptsAmt051110
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingOtherDesc0FUND ACCOUNTIN
IRS990EZ/NetAssetsOrFundBalancesBOYAmt022199
IRS990EZ/NetAssetsOrFundBalancesEOYAmt062320
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt022199
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt062320
IRS990EZ/OccupancyRentUtltsAndMaintAmt0773
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt430.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt520.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt4300
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt4200
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt5100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DEREJE GENANAW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MATTHEW BENNETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GARY GERSTENFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROBERT DEMIRJI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BEREKET TESHALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DENENESH GENANAW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4FOUNDATION REP IN ETHIOPIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5FOUNDATION TREASURER IN ETHIOPIA
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01341
IRS990EZ/OtherAssetsTotalDetail/EOYAmt020870
IRS990EZ/OtherExpensesTotalAmt06431
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/PrintingPublicationsPostageAmt0370
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PROGRAM HAS STARTED BUILDING GRADES 7 AND 8 THIS YEAR. THE DESIGN AND ALL LEGAL GOVT PERMITS WERE ALSO OBTAINED LAST YEAR. THE TOTAL BUDGET IS $172,000.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE PROGRAM HAS PROVIDED SCHOOL MATERIALS TO STUDENTS AND OTHER SUPPLIES TO THE SCHOOL BASED ON THEIR REQUEST. THREE HUNDRED SCHOOL CHILDREN BENFFITED FROM THE SCHOOL MATERIALS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE FOUNDATION BOUGHT A TRANSFORMER TO PROVIDE ELECTRICITY TO THE SCHOOL AND THE COMMUNITY. CLOSE TO FIVE HUNDRED FAMILIES AND THE SCHOOL WILL BENEFIT FROM ELECTRICITY PROVISIONING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Other program services
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt072000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt13231
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt23200
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt3750
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0179200
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13231
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23200
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt3750
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt02135
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt010989
IRS990EZ/TotalProgramServiceExpensesAmt0186381
IRS990EZ/TotalRevenueAmt051110
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt051110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt030000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt055000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0136110
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt03832
IRS990ScheduleA/SubstantialContributorsTotAmt0132278
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt051110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt030000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt055000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0136110
IRS990ScheduleA/TotalSupportAmt0136110
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ PART III THE ORGANIZATIONS PRIMARY EXEMPT PURPOSEPROVIDE PRIMARY AND JUNIOR HIGH SCHOOL ACCESS TO STUDENTS BY BUILDING A SCHOOL IN THE GENET MARIAM AREA OF ETHIOPIA, IN AYMELEL GURAGE DISTRICT (A.K.A SODO GURAGE). THE FOUNDATION ALSO PROVIDES SCHOOL LEARNING SUPPLIES FOR STUDENTS AND NECESSARY MATERIALS FOR THE TEACHERS. THE FOUNDATION ALSO ACQUIRED A STEP-DOWN TRANSFORMER TO PROVIDE ELECTRICITY TO THE SCHOOL ABOVE AND THE COMMUNITY IN THE VILLAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTSTEP DOWN TRANSFORMER 3,200SCHOOL SUPPLIES 3,231
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARBANK DEPOSIT IN ETHIOPIA 1,341 20,870
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION HAS PURCHASED 50 REUSABLE PROTECTIVE KITS FROM DAYS FOR GIRLS(DFG) INTERNATIONAL. THE KITS WILL BE GIVEN TO THE GIRLS AT THE GENET MARIAM PRIMARY AND JUNIOR HIGH SCHOOL AT THE BEGINNING OF THE SCHOOL YEAR FOR 2023. EACH KIT COSTS $15 US DOLLARS. THE TOTAL IS $750.00.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other program services Part III line 31
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEREJE GENANAW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02403932015
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GENANAW FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GENA
ReturnHeader/Filer/EIN0853541102
ReturnHeader/Filer/USAddress/AddressLine1Txt021821 GAITHERS MEADOW LANE
ReturnHeader/Filer/USAddress/CityNm0BROOKEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020833
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463166245
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SERON ACCOUNTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015316 SPENCERVILLE CT STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BURTONSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020866
ReturnHeader/PreparerPersonGrp/PhoneNum02403422203
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID SHIN
ReturnHeader/ReturnTs02023-09-30T21:44:49-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DEREJE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GENANAW
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.