Genesis School Inc
- Assets
- $3.3m
- Revenue
- $5.5m
- Investments
- $909.0k
- Employees
- 53
- Location
- Kansas City, MO
- Founding
- 10/1980
- Data as of
- 06/2023
- EIN
- 43-1196717
Organization Overview
Genesis School Inc is located in Kansas City, MO. The organization was established in 1980. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2023, Genesis School Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesis School 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 06/2023, Genesis School Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $5.0m during the year ending 06/2023. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
ENDOWING STUDENTS WITH THE KNOWLEDGE, SKILL AND MINDSETS NECESSARY TO BE SUCCESSFUL IN A COLLEGE PREPARATORY HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE AND MAINTAIN AN EDUCATIONAL INSTITUTE SERVING 228 ENROLLED STUDENTS IN SCHOOL GRADES K THROUGH 8 AND PROVISION OF RELATED COMMUNITY EDUCATIONAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Foster Executive Di | Officer | 40 | $93,448 |
Ron Dempsey Finance Dire | Officer | 40 | $32,716 |
Cathy Bennett Director | Trustee | 0.63 | $0 |
Rodney Bland Director | Trustee | 0.63 | $0 |
Kenda Caskey President | OfficerTrustee | 1 | $0 |
Ashley Garrett Director | Trustee | 0.63 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stinson Leonard Street Llp Legal | 6/29/23 | $198,803 |
Student Transportation Of America Transportation | 6/29/23 | $190,334 |
Athco Acquisition Corp Construction | 6/29/23 | $123,086 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $303,120 |
| All other contributions, gifts, grants, and similar amounts not included above | $161,470 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $464,590 |
| Total Program Service Revenue | $4,944,428 |
| Investment income | $92,229 |
| 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 | $5,501,247 |
| 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 | $2,049,451 |
| Pension plan accruals and contributions | $230,642 |
| Other employee benefits | $264,853 |
| Payroll taxes | $153,947 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $195,477 |
| Fees for services: Accounting | $13,864 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,798 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $259,245 |
| Travel | $2,943 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $27,828 |
| Insurance | $71,032 |
| All other expenses | $259,001 |
| Total functional expenses | $5,017,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,414,945 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $332,832 |
| Investments—publicly traded securities | $647,848 |
| Investments—other securities | $909,017 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,304,642 |
| Accounts payable and accrued expenses | $12,498 |
| 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 | $0 |
| Total liabilities | $12,498 |
| Net assets without donor restrictions | $3,292,144 |
| Net assets with donor restrictions | $0 |
| 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 | $3,304,642 |