Overview
What is The Genesis Foundation For Children?
The Genesis Foundation for Children, based in Boston, Massachusetts, is a nonprofit organization with a mission to support and enhance the lives of children born with physical, intellectual, developmental, and genetic disorders. They achieve this by funding programs developed and/or run by Therapy and the Performing Arts, which includes various activities like music, art, dance, sports, horseback riding, and more. This nonprofit organization aims to provide compassionate, coordinated care for these children, helping them reach their full potential. With a dedicated workforce of six individuals, The Genesis Foundation for Children contributes to the greater New England area.
Official website here: www.thegenesisfund.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 67%, Two-Star out of Four Star rating.
The Genesis Foundation For Children has received a 67% rating from Charity Navigator, indicating a Two-Star classification. This score reflects strong performance in areas such as Culture & Community and Leadership & Adaptability, where the organization scored a perfect 100%. The foundation has demonstrated effective governance with a fully independent board and comprehensive policies in place regarding conflicts of interest and whistleblower protections.
However, the organization faces challenges in its financial metrics, particularly with a low program expense ratio of 48.27% and a liabilities to assets ratio of 23.37%. These figures suggest that a significant portion of its funding may not be directed towards its programs, which could impact its overall effectiveness. Despite these limitations, the foundation excels in collecting and utilizing feedback, indicating a commitment to continuous improvement and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is The Genesis Foundation For Children legitimate?
The Genesis Foundation For Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Genesis Foundation For Children 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: $284,255
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thegenesisfund.org
What is the mission statement of The Genesis Foundation For Children?
The Genesis Foundation for Children's mission is centered around providing financial support for the diagnosis and coordinated, compassionate care of children born with physical, intellectual, developmental, and genetic disorders. Their goal is to help these children reach their full potential. In addition to this, the foundation supports programs that develop or enhance therapeutic and artistic activities, such as music, art, dance, sports, horseback riding, and more, for mentally and physically disabled children in the greater New England area.
Official website here: www.thegenesisfund.org
What is the revenue of The Genesis Foundation For Children?
The Genesis Foundation For Children's revenue in 2023 was $817,645.
Official website here: www.thegenesisfund.org
Who are the executives of The Genesis Foundation For Children and what are their salaries?
The average compensation at The Genesis Foundation For Children during 2023 was $71,064. There are 4 employees and 20 volunteers at The Genesis Foundation For Children.
Here are 12 key members and their salaries:
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Official website here: www.thegenesisfund.org
Where can I find the form 990 for The Genesis Foundation For Children?
The Genesis Foundation For Children's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thegenesisfund.org
Learn more at the official website: www.thegenesisfund.org
Mission Statement of The Genesis Foundation For Children
The Genesis Foundation for Children is committed to a mission that aims to provide funding for the diagnosis and coordinated, compassionate care of children born with physical, intellectual, developmental, and genetic disorders. Their objective is to assist these children in realizing their full potential. In pursuit of this mission, they support or develop programs involving therapeutic and artistic activities such as music, art, dance, sports, horseback riding, and more, tailored to the needs of mentally and physically disabled children residing in the greater New England area.
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Impact
July, 2024
The Genesis Foundation For Children's impact is profound in providing funding for the diagnosis and compassionate, coordinated care of children born with physical, intellectual, developmental, and genetic disorders. The foundation aids these children in achieving their full potential by funding programs developed and/or run by therapy and the performing arts. These programs include music, art, dance, sporting activities, horseback riding, and more, specifically designed to support mentally and physically disabled children in the Greater New England area. The foundation's focus on enhancing the lives of these children through creative and therapeutic avenues makes a tangible and meaningful difference in their overall well-being and development.
This information is meant to be a general summary of The Genesis Foundation For Children. 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 2023.
- Investment Income: $14,742
- Gross Receipts: $998,479
Assets and Liabilities:
- Total Assets: $917,522
- Total Liabilities: $214,498
- Net Assets: $703,024
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Organization Details
Founding Year
1982
Principal Officer
Matthew Hoffman
Website
www.thegenesisfund.orgNTEE Category
Code: G20 - Disease
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