Genesis Place Inc

Nonprofit profile at a glance

EIN
310971146
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Marion, IN, USA
Phone
7656610140
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$43,832
Expenses
$45,029
Assets
$1,856
Liabilities
$4,645

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

Leadership & pay

4 people listed

Executive titles in this filing

  • JOAN STANLEY (PRESIDENT)

People named in this filing

  • JOAN STANLEY (PRESIDENT)
  • SUSAN THOMAS (EXECUTIVE DI)
  • KIMBERLY SLAGLE (SECRETARY/TR)

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 place operates a residental facility for adult males who have been discharged from mental institutions. Genesis place provides lodging, three meals every day, plus nutritious snacks, monitoring of medication, laundry and housekeeping, travel and other assistance.

What it reported doing in 2024

Providing lodging, three meals per day, plus snacks for adult males in need of our services - 4 males were provided with services during the fiscal year. Costs of residential services, including monitoring of medication, laundry and housekeeping, assistance with filing social security and veterans benefit claims, 24 hour per day supervision and other case management services.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 82
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.9%; rating input score 69
  • Program expense ratio: 67%; rating input score 67

Transparency & Controls

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

Sustainability

  • Operating margin: -2.7%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 2.5; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 24.9%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -14.5% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: -24.9% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 68.9% of revenue deployed · 67% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $30K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 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: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.