Genesis Ministries Inc

Nonprofit profile at a glance

EIN
582327451
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Kennesaw, GA, USA
Phone
6785252343
Rating confidence
Limited
Sector
Protestant
Affiliation
Christianity

Reported finances

Revenue
$113,000
Expenses
$104,170
Assets
$194,890
Liabilities
$7,478

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Eli Velasquez (President)

People named in this filing

  • Eli Velasquez (President)
  • Susan Velasquez (Secretary)
  • David Velasquez (Key Employee)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Genesis Ministries is spreading the awareness of addiction as well as solutions to addiction through recovery. We offer a Christ centered solution for a regeneration of life which addresses mental emotional and spiritual needs through unconditional love and support to those hurting and in need. Our program offers a highly structured multi-disciplinary residential program as well as out patient solutions and classes.

What it reported doing in 2024

N A

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 54
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.8%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 1.87; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 33.6%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -16.7% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -3.3% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 0.8% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.