Overview
What is Genesys Works?
Genesys Works is a prominent nonprofit organization based in Houston, Texas, with additional locations in various metropolitan areas. Its primary mission is to empower high school students from underserved communities by offering them vocational training, internships, mentorship, and assistance in securing college scholarships. The organization focuses on fields such as information technology, engineering drafting, accounting, and professional skills. By facilitating internships at major corporations, particularly Fortune 1000 companies, Genesys Works equips its students with valuable career skills. Over 95% of its program graduates proceed to post-secondary education, significantly surpassing the rate of their inner-city school counterparts. The organization's total employee count stands at 273.
Official website here: www.genesysworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Genesys Works has earned an 85% rating from Charity Navigator, reflecting a solid performance in accountability and finance, with an impressive score of 83. The organization boasts a fully independent board, demonstrating strong governance practices, with 90% of its board members independent. Furthermore, there are no reported instances of material diversion of assets, indicating a commitment to ethical financial management.
The nonprofit has set clear strategic goals aimed at expanding its program and refining its business processes, which suggests a proactive approach to growth and sustainability. Their leadership has shown adaptability, particularly in transitioning back to in-person and hybrid internships following the challenges posed by COVID-19, which highlights their resilience in maintaining operations during difficult times.
Despite its strengths, the organization operates with a working capital ratio of 0.51 years, indicating potential challenges in liquidity. As such, while the overall financial health appears stable, attention to financial reserves and operational sustainability will be crucial as they aim to scale and expand their programs in the coming years.
This AI summary has been generated from information found on Charity Navigator.
Is Genesys Works legitimate?
Genesys Works is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesys Works submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,211,775
Professional Fundraising Fees: $46,320
Other Salaries and Wages: $3,944,499
For more financial information, click here
Official website here: www.genesysworks.org
What is the mission statement of Genesys Works?
Genesys Works, as an organization, is committed to providing career success pathways for high school students in underserved communities. They achieve this mission by offering skills training, providing students with meaningful work experiences, and fostering impactful relationships. Through this approach, Genesys Works aims to change the trajectory of inner-city high school students by offering them training, internships, mentorships, and assistance in securing college entrance and scholarships. The organization's programs focus on areas such as information technology, engineering drafting, accounting, and professional skills. As a result, students have the opportunity to intern at major corporations, often Fortune 1000 companies, and over 95% of participants go on to post-secondary education, significantly higher than the average for inner-city school graduates.
Official website here: www.genesysworks.org
Who is the CEO of Genesys Works?
Jeff Artis is the Chief Executive Officer of Genesys Works. The CEO's salary of Genesys Works is $325,478 and their total compensation is $354,646.
Official website here: www.genesysworks.org
What is the revenue of Genesys Works?
Genesys Works's revenue in 2022 was $9,759,759.
Official website here: www.genesysworks.org
Who are the executives of Genesys Works and what are their salaries?
The average compensation at Genesys Works during 2022 was $18,887. There are 273 employees and 305 volunteers at Genesys Works.
Here are 21 key members and their salaries (Genesys Works's CEO's salary is $325,478 and their total compensation is $354,646):
- Compensation: $325,478
- Related: $0
- Other: $29,168
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $152,598
- Related: $0
- Other: $23,965
- Compensation: $187,525
- Related: $0
- Other: $530
- Compensation: $153,073
- Related: $0
- Other: $4,650
- Compensation: $165,038
- Related: $0
- Other: $0
- Compensation: $158,953
- Related: $0
- Other: $10,797
- Compensation: $103,750
- Related: $0
- Other: $30,276
- Compensation: $132,475
- Related: $0
- Other: $8,291
- Compensation: $107,288
- Related: $0
- Other: $9,405
- Compensation: $105,423
- Related: $0
- Other: $10,377
- Compensation: $110,863
- Related: $0
- Other: $0
Official website here: www.genesysworks.org
Where can I find the form 990 for Genesys Works?
Genesys Works's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.genesysworks.org
Learn more at the official website: www.genesysworks.org
Mission Statement of Genesys Works
Genesys Works, a renowned nonprofit organization, is dedicated to providing career success pathways for high school students residing in underserved communities. Their mission, in essence, involves equipping these students with essential skills, offering them meaningful work experiences, and fostering impactful relationships. Through this mission, Genesys Works aims to alter the trajectory of inner-city high school students by providing them with comprehensive training, internships, mentorship, and assistance in securing college entrance and scholarships.
The organization's training program encompasses various disciplines such as information technology, engineering drafting, accounting, and professional skills. These trainings enable Genesys Works students to secure internships at major corporations, primarily Fortune 1000 companies, across various metropolitan areas including Houston, Twin Cities, Chicago, Bay Area, New York City, and the National Capital Region Metropolitan Area.
Upon completion of Genesys Works' 14-month program, an impressive 95% of its graduates proceed to post-secondary education, significantly surpassing the 50% rate of inner-city school graduates. Furthermore, 80% of all Genesys Works graduates remain actively engaged in college or have completed their degree, demonstrating the organization's effectiveness in transforming the lives of its students.
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Impact
July, 2024
Genesys Works is changing the trajectory of inner-city high school students by providing them with training, meaningful internships, mentorships, and assistance in finding and obtaining college entrance and scholarships. Students in the program receive information technology, engineering drafting, accounting, and professional skills training, allowing them to intern at major corporations, mostly Fortune 1000 companies, in various metropolitan areas.
At the conclusion of the 14-month program, over 95% of those who complete it go on to post-secondary education, compared to only half of graduates from inner-city schools. Furthermore, 80% of all Genesys Works graduates are either still engaged in college or have completed their degrees. This program is providing pathways to career success for high school students in underserved communities, making a tangible impact on their futures and breaking the cycle of limited opportunities.
This information is meant to be a general summary of Genesys Works. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $4,417,540
- Gross Receipts: $9,780,608
Assets and Liabilities:
- Total Assets: $5,427,893
- Total Liabilities: $1,483,639
- Net Assets: $3,944,254
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFILIATE PROGRAM FEES
Revenue
$2,529,783
EDUCATIONAL REVENUE
Revenue
$1,887,757
Organization Details
Founding Year
2002
Phone
(713) 377-0522Principal Officer
Jeff Artis
Main Address
1880 S DAIRY ASHFORD 300, HOUSTON, TX, 77077
Website
www.genesysworks.orgNTEE Category
Code: B30 - Education
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