Overview
What is Genesys Works Group Return?
Genesys Works Group Return, also known as Genesys Works, is a Houston, Texas-based nonprofit organization that serves as the parent company to subsidiaries within the Genesys Works Group, enabling them to effectively carry out their mission of transforming the futures of inner-city high school students. Genesys Works achieves this by providing them with essential training, valuable internships, mentorships, and assistance in securing college entrance and scholarships. Through its IT, engineering drafting, accounting, and professional skills training program, students gain the opportunity to intern at major corporations, primarily Fortune 1000 companies, in Houston, the Twin Cities, Chicago, the Bay Area, New York City, and the National Capital Region metropolitan areas. At the conclusion of Genesys Works' comprehensive 14-month program, over 95% of participants go on to post-secondary education – a significant increase compared to the mere 50% of graduates from underprivileged schools. Moreover, 80% of all graduates remain engaged in their college education or have completed their degrees. Genesys Works aims to provide a pathway to career success for high school students in underserved communities through skill-building, practical work experiences, and impactful relationships.
Official website here: www.genesysworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Genesys Works Group Return has received a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting strong accountability and financial management practices. The charity scores particularly well in areas such as independent board member composition and financial audits, showcasing a commitment to transparency and responsible governance.
Among its strengths, the organization maintains an impressive program expense ratio of 88.15%, indicating that a significant portion of its resources is directed towards its mission-driven programs. Additionally, it has no material diversion of assets, which further reinforces trust in its financial integrity. The board is largely independent, which is a positive aspect for oversight and decision-making.
However, the organization does face some limitations, particularly regarding the availability of certain key documents. Notably, the absence of board meeting minutes and the tax form on its website could be seen as gaps in transparency, which may concern some stakeholders. Addressing these issues could enhance the organization’s overall accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Genesys Works Group Return legitimate?
Genesys Works Group Return is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesys Works Group Return 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: $870,024
Professional Fundraising Fees: $4,968
Other Salaries and Wages: $15,476,577
For more financial information, click here
Official website here: www.genesysworks.org
What is the mission statement of Genesys Works Group Return?
Genesys Works Group Return, operating under the name Genesys Works, is dedicated to creating opportunities for high school students from underprivileged communities. Their mission is to equip these students with the necessary skills, work experiences, and meaningful relationships, thereby paving a pathway to career success. Genesys Works serves as the lead organization, providing guidance and central services to affiliated subsidiaries, allowing them to effectively implement this mission. The organization offers training in industries such as information technology, engineering drafting, accounting, and professional skills. Students undergo intensive programs and secure internships at major corporations, primarily Fortune 1000 companies. The success rate of Genesys Works graduates is remarkable, with over 95% going on to post-secondary education, a significant improvement compared to the 50% graduation rate of students from underprivileged schools. Approximately 80% of all graduates continue their education or have completed their degree.
Official website here: www.genesysworks.org
Who is the CEO of Genesys Works Group Return?
Jeff Artis is the Executive Director - Bay Area of Genesys Works Group Return. The CEO's salary of Genesys Works Group Return is $0 and their total compensation is $354,646.
Official website here: www.genesysworks.org
What is the revenue of Genesys Works Group Return?
Genesys Works Group Return's revenue in 2022 was $23,921,076.
Official website here: www.genesysworks.org
Who are the executives of Genesys Works Group Return and what are their salaries?
The average compensation at Genesys Works Group Return during 2022 was $10,326. There are 1583 employees and 820 volunteers at Genesys Works Group Return.
Here are 63 key members and their salaries (Genesys Works Group Return's CEO's salary is $0 and their total compensation is $354,646):
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- Compensation: $203,250
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- Other: $6,097
Official website here: www.genesysworks.org
Where can I find the form 990 for Genesys Works Group Return?
Genesys Works Group Return'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 Group Return
Genesys Works Group Return, also known as Genesys Works, is a nonprofit organization dedicated to opening doors to career success for high school students from underserved communities. With a mission to provide pathways to career success, Genesys Works offers skills training, meaningful work experiences, and impactful relationships to help inner-city students change their trajectory.
Through Genesys Works, students receive comprehensive training in IT, engineering drafting, accounting, and professional skills. This training prepares them for internships at major corporations, primarily Fortune 1000 companies, located in various metropolitan areas such as Houston, Twin Cities, Chicago, Bay Area, New York City, and the National Capital Region. By the end of the 14-month program, over 95% of participants who complete the program pursue post-secondary education, a significant increase from the half of graduates from inner-city schools. Moreover, 80% of all graduates remain actively engaged in college or have finished their degree.
Genesys Works is more than just a training program; it creates influential relationships between students, corporations, and mentors. These relationships provide valuable networking opportunities, insight into various industries, and a better understanding of the professional world. By equipping students with the necessary skills and experiences, Genesys Works enables them to break the cycle of poverty and build brighter futures.
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Impact
October, 2024
Genesys Works Group Return significantly impacts high school students in underserved communities by offering structured pathways to career success. Through comprehensive skills training in fields such as information technology, engineering drafting, and accounting, students gain invaluable knowledge and experience that prepares them for the workforce.
The program includes meaningful internships with major corporations, primarily Fortune 1000 companies, in major metropolitan areas like Houston, Chicago, and New York City. This exposure not only enhances their professional skills but also fosters essential relationships through mentorships, which are crucial for personal and career development.
As a result of participating in this 14-month program, more than 95% of graduates proceed to post-secondary education, a stark contrast to the approximately 50% of peers from inner-city schools who do the same. Furthermore, around 80% of those graduates remain engaged in their college education or successfully complete their degrees, indicating a strong upward trajectory in their educational and professional journeys.
In summary, Genesys Works Group Return plays a transformative role in changing the lives of young people, equipping them with the tools, experiences, and networks necessary to succeed in their careers and improve their future prospects.
This information is meant to be a general summary of Genesys Works Group Return. 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.
- Investment Income: $65,312
- Program Service Revenue: $17,804,903
- Gross Receipts: $24,224,358
Assets and Liabilities:
- Total Assets: $12,547,124
- Total Liabilities: $3,092,494
- Net Assets: $9,454,630
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL REVENUE
Revenue
$17,804,903
Organization Details
Phone
(713) 337-0522Principal Officer
Jeff Artis
Main Address
1880 S DAIRY ASHFORD 300, HOUSTON, TX, 77077
Website
www.genesysworks.orgNTEE Category
Code: J22 - Employment
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