Civic Intelligence

Genesis for Good Foundation

990EZ • Fiscal year 2022 • EIN 86-1807132

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 27, 2023

Organization ProfileWWW.MYGENESISBANK.COM/GENESIS-FOR-GOOD
4675 Macarthur Court 1600Newport Beach, CA 92660

(949) 273-1487

Siviq Scores

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

Liabilities / Assets

98th percentile

2.73x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

92nd percentile

0.56x

Higher debt load relative to revenue than 92% of similar nonprofits.

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

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets98th percentile

Assets

$11,000

No earlier filing loaded for comparison.

Net Assets

-$19,000

No earlier filing loaded for comparison.

Liabilities

$30,000

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin100th percentile

Revenue

$53,500

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$53,500

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$150K$100K$50K$0-$50KAssets 2022: $11,000Liabilities 2022: $30,000Net Assets 2022: -$19,0002022Assets 2024: $174,931Liabilities 2024: $30,000Net Assets 2024: $144,9312024

Highlighted filing

2022

Assets$11,000
Liabilities$30,000
Net Assets-$19,000
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0Revenue 2022: $53,500Expenses 2022: $0Net Income 2022: $53,5002022Revenue 2024: $260,545Expenses 2024: $98,929Net Income 2024: $161,6162024

Highlighted filing

2022

Revenue$53,500
Expenses$0
Net Income$53,500
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 27, 2023
Return Version
2022v5.0
Gross Receipts
$53,500
Mission and Program Overview

Mission

To stimulate economic change, promote reinvestment and improve the quality of life for the disadvantaged, with a specific and intentional focus on minority populations.

Program Services

DescriptionGrantsExpenses
PROVIDE GRANTS TO NONPROFIT ORGANIZATIONS THAT ARE SUCCESSFULLY MEETING COMMUNITY NEEDS$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARSIE ALFORDBoard Member-$0--
STEPHEN H GORDONBoard Member-$0--
TAM NGUYENBoard Member-$0--
KATIE ELLISExecutive DirectorFT$0--
Governance and Compliance

Governance Explanations

Form 990-ez, Part VI, Line 49A

“In 2021, genesis bank, a related organization, made a $90,000 contribution to tgr foundation, a 501(c)3) organization, on behalf of genesis for good foundation (the organization"). During the year ended december 31, 2022, the organization made payments of $60,000 to genesis bank. As of december 31, 2022, the organization has a due to related party balance of $30,000.”

Filing and Contact Details

Filer

Filer Name
Genesis for Good Foundation
EIN
86-1807132
Phone
9492731487
Address
4675 MACARTHUR COURT 1600, NEWPORT BEACH, CA 92660

Signing Officer

Name
Will Han
Title
CFO
Phone
9492731487
Signed
2023-06-27
Discuss with paid preparer
Yes

Preparer

Firm
Haskell & White Llp
Address
300 SPECTRUM CENTER DR STE 300, IRVINE, CA 92618
Preparer
Wayne R Pinnell
Phone
9494506200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to related party. Beg. Of year amount: 90,000. End of year amount: 30,000.”

Raw XML Appendix144 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0WILL HAN CFO
IRS990EZ/BooksInCareOfDetail/PhoneNum09492731487
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04675 MACARTHUR COURT SUITE 1600
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEWPORT BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092660
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017500
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011000
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt053500
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt053500
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt017500
IRS990EZ/Form990TotalAssetsGrp/EOYAmt011000
IRS990EZ/GrossReceiptsAmt053500
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartVIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-72500
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-19000
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-72500
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-19000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt340.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARSIE ALFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEPHEN H GORDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TAM NGUYEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KATIE ELLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO STIMULATE ECONOMIC CHANGE, PROMOTE REINVESTMENT AND IMPROVE THE QUALITY OF LIFE FOR THE DISADVANTAGED, WITH A SPECIFIC AND INTENTIONAL FOCUS ON MINORITY POPULATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE GRANTS TO NONPROFIT ORGANIZATIONS THAT ARE SUCCESSFULLY MEETING COMMUNITY NEEDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/RelatedOrgSect527OrgInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt090000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt030000
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt00
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt053500
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd01
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://WWW.MYGENESISBANK.COM/GENESIS-FOR-GOOD
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt053500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt017500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt071000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt071000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt053500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt017500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt071000
IRS990ScheduleA/TotalSupportAmt071000
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/ExplanationTxt0DESCRIPTION: DUE TO RELATED PARTY. BEG. OF YEAR AMOUNT: 90,000. END OF YEAR AMOUNT: 30,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN 2021, GENESIS BANK, A RELATED ORGANIZATION, MADE A $90,000 CONTRIBUTION TO TGR FOUNDATION, A 501(C)3) ORGANIZATION, ON BEHALF OF GENESIS FOR GOOD FOUNDATION (THE ORGANIZATION"). DURING THE YEAR ENDED DECEMBER 31, 2022, THE ORGANIZATION MADE PAYMENTS OF $60,000 TO GENESIS BANK. AS OF DECEMBER 31, 2022, THE ORGANIZATION HAS A DUE TO RELATED PARTY BALANCE OF $30,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART VI, LINE 49A
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILL HAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09492731487
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GENESIS FOR GOOD FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GENE
ReturnHeader/Filer/EIN0861807132
ReturnHeader/Filer/PhoneNum09492731487
ReturnHeader/Filer/USAddress/AddressLine1Txt04675 MACARTHUR COURT 1600
ReturnHeader/Filer/USAddress/CityNm0NEWPORT BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092660
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330310569
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HASKELL & WHITE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 SPECTRUM CENTER DR STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRVINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092618
ReturnHeader/PreparerPersonGrp/PhoneNum09494506200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WAYNE R PINNELL
ReturnHeader/ReturnTs02023-07-10T13:59:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,000
Liabilities
$30,000
Net assets
-$19,000
Revenue
$53,500
Expenses
$0
Net income
$53,500
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.30$1.45$2.61$0.99$1.62
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.30$0.19$0.54$0.00$0.54