Genesee Area Focus Fund Inc
- Assets
- $2.7m
- Revenue
- $5.1m
- Investments
- $165.7k
- Employees
- 0
- Location
- Flint, MI
- Founding
- 05/1989
- Data as of
- 12/2023
- EIN
- 38-2771641
Organization Overview
Genesee Area Focus Fund Inc is located in Flint, MI. The organization was established in 1989. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesee Area Focus Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Genesee Area Focus Fund Inc generated $5.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $5.1m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GENESEE AREA FOCUS FUND'S PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS DEDICATED TO IMPROVING THE ECONOMY AND QUALITY OF LIFE OF THE PEOPLE OF GENESEE COUNTY, MICHIGAN. THE FOCUS FUND PROVIDES SUPPORT TO PUBLICLY SUPPORTED ORGANIZATIONS THAT SHARE THIS OBJECTIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTHQUEST AFTER SCHOOL - YOUTHQUEST IS A HIGH-QUALITY AFTER SCHOOL PROGRAM THAT WAS CREATED TO FILL THE GAP OF UN-SERVED CHILDREN IN FLINT AND GENESEE COUNTY. DURING THE CRITICAL HOURS AFTER SCHOOL, YOUTHQUEST KEEPS KIDS SAFE AND HEALTHY, INSPIRES THEM TO LEARN AND HELPS THEM BE BETTER PREPARED FOR FUTURE ACADEMIC AND LIFE CHALLENGES. YOUTHQUEST'S AVERAGE ATTENDANCE ON A MONTHLY BASIS AVERAGES 345 PARTICIPANTS DURING THE REGULAR SCHOOL PERIOD. THE PROGRAM IS HELD AT 13 ELEMENTARY AND MIDDLE SCHOOLS LOCATED THROUGHOUT THE COMMUNITY.
EDUCATIONAL PROGRAM THAT FACILITATES VARIOUS EMPLOYMENT PREPARATION AND TRAINING ACTIVITIES. THE PROGRAM INFUSES CURRICULUM WITH WORKPLACE CONTEXT AND SUPPLEMENTS THE ACADEMIC PROGRAM WITH WORK BASED EXPERIENCES.
ECONOMIC DEVELOPMENT - TO PROMOTE AND DEVELOP ECONOMIC GROWTH IN THE CITY OF FLINT AND THROUGHOUT GENESEE COUNTY.
EDUCATIONAL PROGRAMS - IN-SCHOOL TRAINING INITIATIVE THAT PROVIDES ENHANCEMENT AND ENRICHMENT WORKSHOPS FOR STUDENTS K-12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Worthing Chair/rlc Ch | OfficerTrustee | 1 | $0 |
Beverly Walker-Griffea Chair Elect | OfficerTrustee | 1 | $0 |
Joe Serra Secretary | OfficerTrustee | 1 | $0 |
Mary Gailbreath Treasurer | OfficerTrustee | 1 | $0 |
Leanne Panduren Past-Chair | OfficerTrustee | 1 | $0 |
Luther Brown Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mott Community College Youth Services | 12/30/15 | $154,294 |
First Student Inc Youth Services | 12/30/15 | $116,798 |
Flint Community Schools Youth Services | 12/30/15 | $136,602 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $442,846 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,619,125 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,061,971 |
| Total Program Service Revenue | $0 |
| Investment income | $9,074 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,090,389 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,543,026 |
| Pension plan accruals and contributions | $95,133 |
| Other employee benefits | $189,450 |
| Payroll taxes | $188,864 |
| Fees for services: Management | $27,010 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $96,511 |
| Office expenses | $51,138 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $190,304 |
| Travel | $51,167 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $57,000 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $24,703 |
| All other expenses | $151,643 |
| Total functional expenses | $5,108,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,904 |
| Savings and temporary cash investments | $2,463,816 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,425 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,525 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $165,679 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $310 |
| Total assets | $2,722,659 |
| Accounts payable and accrued expenses | $3,166 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $217,959 |
| Total liabilities | $221,125 |
| Net assets without donor restrictions | $66,225 |
| Net assets with donor restrictions | $2,435,309 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,722,659 |