Genesis Learning Centers
- Assets
- $2.7m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 117
- Location
- Nashville, TN
- Founding
- 03/1984
- Data as of
- 06/2024
- EIN
- 58-1554609
Organization Overview
Genesis Learning Centers is located in Nashville, TN. The organization was established in 1984. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2024, Genesis Learning Centers employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesis Learning Centers 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 06/2024, Genesis Learning Centers generated $6.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $6.1m during the year ending 06/2024. While expenses have increased by 3.4% per year over the past 6 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SPECIAL EDUCATION DAY TREATMENT SERVICES TO CHILDREN AND YOUTH WITH EMOTIONAL AND BEHAVIOR DISORDERS, INTELLECTUAL DISABILITIES, DUAL-DIAGNOSIS, DEVELOPMENTAL DELAYS, AND AUTISM AND OTHER RELATED SPECTRUM DISORDERS WITHIN THE MIDDLE TN REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENESIS ADDRESS THE UNIQUE NEEDS OF OUR STUDENTS THROUGH THE PROVISION OF SPECIALIZED INDIVUDAL EDUCATION, UNIQUE CLASSROOM DESIGNS, COUNSELING, SOCIAL WORK, EDUCATIONAL SUPPORT DURING AND AFTER PREGNANCY, BEHAVIOR MANAGEMENT, PARENT SUPPORT AND COMMUNICATION, HOME-BASED EDUCATION, AND SPEECH, LANGUAGE AND OCCUPATIONAL THERAPIES. STUDENTS' AGES RANGE FROM 5 YRS-22 YRS. PROGRAM IS PROVIDED IN 5 DIFFERENT LOCATIONS: 1 GENESIS ACADEMY SCHOOL - SPECIAL DAY SCHOOL LOCATED IN DAVIDSON COUNTY, SERVING APPROX. 68 STUDENTS 2 RUTHERFORD ACADEMY - SPECIAL DAY SCHOOL LOCATED IN RUTHERFORD COUNTY, SERVING APPROX. 35 STUDENTS 3 RUTHERFORD COUNTY TEEN LEARNING CENTER - ALTERNATIVE SCHOOL FOR STATUS OFFENDERS ANNUALLY SERVES 10 STUDENTS 4 MONTGOMERY COUNTY TEEN LEARNING CENTER - ALTERNATIVE SCHOOL FOR STATUS OFFENDERS, ANNUALLY SERVES 22 STUDENTS AND 5 HOMEBOUND EDUCATIONAL SERVICES - IN-HOME EDUCATIONAL SUPPORT FOR APPROX. 140 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cassie Wells Executive Dir. | OfficerTrustee | 40 | $127,157 |
Terence W Adams President | OfficerTrustee | 10 | $0 |
Melissa B Adams Secretary | OfficerTrustee | 10 | $0 |
Richard Girdler Director | Trustee | 1 | $0 |
Misty Parsley Director | Trustee | 1 | $0 |
Erika Terhaar Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,716 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,716 |
| Total Program Service Revenue | $6,351,530 |
| Investment income | $16,605 |
| 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 | $6,386,358 |
| 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. | $127,157 |
| Compensation of current officers, directors, key employees. | $127,157 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,685,937 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $391,315 |
| Payroll taxes | $284,980 |
| Fees for services: Management | $0 |
| 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 | $45,141 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $605,865 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $35,946 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $126,558 |
| Insurance | $91,747 |
| All other expenses | $90,830 |
| Total functional expenses | $6,061,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $476,311 |
| Savings and temporary cash investments | $110,680 |
| Pledges and grants receivable | $447,270 |
| 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 | $1,988 |
| Net Land, buildings, and equipment | $353,536 |
| Investments—publicly traded securities | $197,811 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,074,777 |
| Total assets | $2,662,373 |
| Accounts payable and accrued expenses | $159,619 |
| 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 | $226,880 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,089,776 |
| Total liabilities | $1,476,275 |
| Net assets without donor restrictions | $1,186,098 |
| 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 | $2,662,373 |