Genesis Sports
- Assets
- $23.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 19
- Location
- Murrieta, CA
- Founding
- 10/2014
- Data as of
- 12/2023
- EIN
- 47-1185266
Organization Overview
Genesis Sports is located in Murrieta, CA. The organization was established in 2014. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Genesis Sports employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesis Sports 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, Genesis Sports generated $26.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (27.1%) each year. All expenses for the organization totaled $15.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (31.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
GENESIS SPORTS PROVIDES YOUTH/AMATEUR SPORTS TRAINING AND LEAGUES, WITH A SPECIFIC FOCUS ON THE SPORT OF BASKETBALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rudy Brown Presdient | 0 | $0 | |
Taivon Brown Vice Preside | 0 | $0 | |
Vanessa Dotson Secretary | 0 | $0 | |
William Bohmer Director | 0 | $0 | |
Daniel Pulsipher Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,162 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,171 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $14,240 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,073 |
| Total expenses | $15,313 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,134 |
| Other assets | $0 |
| Total assets | $23,134 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,134 |