Genxt Ministries Inc
Nonprofit profile at a glance
- EIN
- 843420609
- IRS 990-EZ coverage
- 2022–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2021
- Location
- Baltimore, MD, USA
- Phone
- 0000000000
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
- Affiliation
- Christianity
Reported finances
- Revenue
- $80,500
- Expenses
- $43,675
- Assets
- $36,942
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Chelrisa Swanston (President)
- Jolie Swanston (Vice President)
People named in this filing
- Chelrisa Swanston (President)
- Jolie Swanston (Vice President)
- Roxanne Swanston (Secretary)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
GeNxt Ministries Inc is a community non-profit in the state of Maryland It was formed in response to the need for African Americans to once again lead their families faith institutions and communities as a whole That doesnt happen overnight but over time with careful and strategic planning organizing and mobilizing of the younger generations The vision and goal of this organization is the mobilization of individuals who see themselves as leaders - in their families in their social groups or in their or communities - to lend their talents and other abilities to community elevation projects Failure to organize and mobilize will result in the loss of control of our anchoring institutions namely families churches schools and government In order for institutions to be successful the next generation has to become a part of the fabric Their elevation is key to continuity within all institutions beginning with the first and foundational institution called the FAMILY
What it reported doing in 2022
0
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 68
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 45.7%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 0.85; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.