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Genesis Institute

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

EIN: 911643914 ✦ Spokane, WA ✦ Designated as a 501(c)(3)

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Overview

What is Genesis Institute?

Genesis Institute, located in Spokane, Washington, is a nonprofit organization with a mission to offer biblical counseling services to individuals, families, couples, and groups. With a dedicated workforce of 13 employees, the institute serves as a platform to facilitate and provide counseling services to the public. The Institute's purpose is to foster healing and guidance, drawing from the principles of biblical teachings. The Genesis Institute strives to make these services accessible and beneficial to its community.


Official website here: www.genesisinstitute.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Genesis Institute has received a solid rating of 83%, which reflects a strong emphasis on accountability and finance. The organization boasts a fully independent board with five members, ensuring effective governance. Their financial operations are stable, as indicated by a liabilities to assets ratio of 0.00% and a program expense ratio of 82.39%, meaning a significant portion of their funds are allocated directly to their programs.

However, there are some areas for improvement. Notably, Genesis Institute lacks a conflict of interest policy and a whistleblower policy, which are critical for maintaining transparency and trust. While they have successfully documented their board meeting minutes and have a clear plan for document retention, the absence of these policies could raise concerns regarding their commitment to best practices in governance.

Overall, while Genesis Institute demonstrates strong financial health and governance by having an independent board and low liabilities, the lack of certain policies indicates potential vulnerabilities in their organizational practices. This three-star rating suggests that while the organization performs well in many areas, there are opportunities for enhancement in its accountability measures.


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

Is Genesis Institute legitimate?

Genesis Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Institute 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: $396,448

For more financial information, click here


Official website here: www.genesisinstitute.org

What is the mission statement of Genesis Institute?

The Genesis Institute's mission is to facilitate and provide counseling services for the public. This is achieved by creating and making biblical counseling services available to individuals, families, couples, and groups. The institution is committed to supporting the community's emotional and relational well-being through its counseling services, aiming to provide a space for personal growth and healing.


Official website here: www.genesisinstitute.org

Who is the CEO of Genesis Institute?

Bob Bishopp is the President of Genesis Institute.


Official website here: www.genesisinstitute.org

What is the revenue of Genesis Institute?

Genesis Institute's revenue in 2022 was $473,826.


Official website here: www.genesisinstitute.org

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

The average compensation at Genesis Institute during 2022 was $30,496. There are 13 employees at Genesis Institute.


Here are 6 key members and their salaries:


Elaine Watts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Bishopp (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Meade (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Wright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Devries (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Maxfield (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.genesisinstitute.org

Where can I find the form 990 for Genesis Institute?

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


Official website here: www.genesisinstitute.org

Learn more at the official website: www.genesisinstitute.org

Mission Statement of Genesis Institute

Genesis Institute, a nonprofit organization, is dedicated to facilitating and providing counseling services for the public. Their primary mission is to create and make biblical counseling services accessible to individuals, families, couples, and groups. The institute aims to offer a supportive environment where individuals can seek guidance and healing, fostering personal growth and improving relationships. By providing these counseling services, Genesis Institute contributes to the well-being of the community, helping individuals navigate through various life challenges with a biblical perspective.

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Impact




July, 2024

Genesis Institute in Spokane, WA, is making a significant impact by providing accessible and effective biblical counseling services to individuals, families, couples, and groups. Through their dedicated efforts, they are contributing towards the better mental and emotional well-being of the community members. Their focus on human services is helping people navigate through various challenges and improve their overall quality of life.




This information is meant to be a general summary of Genesis Institute. 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
$473,826 (2022)
Expenses
$527,601 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $523
  • Program Service Revenue: $412,480
  • Gross Receipts: $473,826

Assets and Liabilities:

  • Total Assets: $425,859
  • Total Liabilities: $214,424
  • Net Assets: $211,435

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COUNSELING

Revenue

$409,004

Other

Revenue

$159

SOUL CARE

Revenue

$3,317

Organization Details

Founding Year

1994

Principal Officer

Bob Bishopp

Main Address

PO Box 10436, Spokane, WA, 99209

NTEE Category

Code: P46 - Human services

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