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Genesis Schools

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752640636 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Genesis Schools?

Genesis Schools is a charter school located in Dallas, Texas, specifically at 3800 Main Street. Operating independently of local school districts, it caters to a student body of 506 individuals, offering education from kindergarten to grade 12. The school's mission is to provide a rigorous and interdisciplinary learning environment for serious students, making it an attractive option for dedicated learners. With a dedicated workforce of 90 employees, Genesis Schools strives to uphold its commitment to providing quality education in the heart of Dallas.

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 94% (Four-Star out of Four Stars)**

Genesis Schools has achieved a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial management. The organization scored perfectly in several areas, including having an independent board of members and robust audit oversight, which signify transparency and responsible governance. However, the absence of a tax form on its website slightly detracted from its overall score.

The organization demonstrates a high program expense ratio of 98.07%, indicating that the majority of its funding is directed towards its educational programs rather than administrative costs. This focus suggests a strong commitment to its mission of providing quality education. However, the rating did not score aspects such as impact measurement or community engagement, pointing to areas where additional evaluation could enhance their overall assessment.

Not Available.


This AI summary has been generated from information found on Charity Navigator.

Is Genesis Schools legitimate?

Genesis Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Schools 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,433,894

For more financial information, click here

What is the mission statement of Genesis Schools?

Genesis Schools, as a charter school, is specifically designed for motivated students, offering an interdisciplinary education to students from grades K through 12. The school's mission is to provide an independent learning environment that serves these students effectively. Located in an undisclosed location, Genesis Schools' primary goal is to foster a serious and engaging learning atmosphere for its student body of 506 individuals. The school's operations are independent of local school districts, enabling it to tailor its educational approach to cater to its unique student population.

Who is the CEO of Genesis Schools?

Virginia Lannen is the Director/Vice Chair of Genesis Schools. The CEO's salary of Genesis Schools is $200,967 and their total compensation is $200,967.

What is the revenue of Genesis Schools?

Genesis Schools's revenue in 2022 was $8,484,329.

Who are the executives of Genesis Schools and what are their salaries?

The average compensation at Genesis Schools during 2022 was $60,377. There are 90 employees and 88 volunteers at Genesis Schools.


Here are 7 key members and their salaries (Genesis Schools's CEO's salary is $200,967 and their total compensation is $200,967):


William Michael (Director/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter C Muse (Secreatry/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Truett Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Oliver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Lannen (Director/Chair/Ceo)
  • Compensation: $200,967
  • Related: $0
  • Other: $0
Frances Mercer (Deputy Supt)
  • Compensation: $119,133
  • Related: $0
  • Other: $0
Virginia Hart (Asst Supt)
  • Compensation: $177,291
  • Related: $0
  • Other: $0
Where can I find the form 990 for Genesis Schools?

Genesis Schools's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Genesis Schools

Genesis Schools, a charter school dedicated to serious learners, serves students from grades K through 12. This interdisciplinary public school is committed to providing an educational environment that goes beyond the traditional curriculum. Located in Dallas, Genesis Schools operates independently of local school districts, catering to a student body of 506 individuals. The school's mission is to foster an academic environment that encourages intellectual curiosity and critical thinking, nurturing students to become well-rounded individuals prepared for higher education and the future.

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Impact




July, 2024

Genesis Schools has had a significant impact by providing a rigorous and interdisciplinary education for serious students in downtown Dallas. With an enrollment of 506 students, this charter school offers a unique educational experience for grades K through 12, operating independently of local school districts. Through its mission to serve serious students, Genesis Schools is shaping the academic and personal growth of its students, contributing to the educational landscape in Dallas, Texas.




This information is meant to be a general summary of Genesis Schools. 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.

Revenue
$8,484,329 (2022)
Expenses
$8,454,165 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $8,484,329

Assets and Liabilities:

  • Total Assets: $2,767,839
  • Total Liabilities: $150,447
  • Net Assets: $2,617,392

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Organization Details

Founding Year

1996

Principal Officer

Virginia Lannen

Main Address

3800 Main Street, DALLAS, TX, 75226

NTEE Category

Code: B25P - Education

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