Team Genesis Inc
Nonprofit profile at a glance
- EIN
- 264796499
- IRS 990-EZ coverage
- 2012–2013
- Forms available
- Form 990-EZ 2013, Form 990-N 2011
- Location
- Lynchburg, VA, USA
- Phone
- 4342398326
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Recreation& Sports N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $172,282
- Expenses
- $167,062
- Assets
- $14,761
- Liabilities
- $19,309
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- TUNDE HARRY WILLIAMS JR (PRESIDENT)
People named in this filing
- TUNDE HARRY WILLIAMS JR (PRESIDENT)
- RYAN MANTLO (DIRECTOR)
- BENNY SNIPE (VICE PRESIDE)
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 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To engage in the identification, development and implementation of sports related programs and projects designed to help youth and their families meet their athelic aspirations, maximize their full potential, function successfully in their homes, schools, colleges, community and sports programs through personal development and support provided by team genesis, inc. While maintaining a stong commitment to judeo christian principles of humanitarian service regardless of a persons race, sex, creed or religion.
What it reported doing in 2013
To engage in the identification, development and implementation of sports related programs and projects designed to help youth and their families meet their athletic aspirations, maximize their full potential, function successfully in their homes, schools, colleges, community and sports programs through personal development and support provided by team genesis, inc. While maintaining a strong commitment to judeo christian principles of humanitarian service regardless of a person's race, sex, creed or religion.
Operating model
- Revenue model
- Earned-program. 82% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.7%; rating input score 77
- Program expense ratio: 79.1%; rating input score 79
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 1.31; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 25.5% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 23.6% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: -33.8% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 76.7% of revenue deployed · 79.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $132K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2012 to 2013
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.