Genesis Foundation Inc

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

Genesis Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score indicates that the organization has a strong commitment to transparency and effective financial management, with a particular emphasis on its high program expense ratio of 96%, suggesting that the majority of its funds are directed toward its programs rather than administrative costs.

The foundation benefits from an entirely independent board, which is a key strength noted in its evaluation. With all ten board members being independent, the organization demonstrates a commitment to governance that minimizes conflicts of interest. Additionally, it has no material diversion of assets, and it effectively documents board meeting minutes, further contributing to its accountability.

Despite these strengths, there are no additional dimensions of performance assessed beyond the accountability and finance score, which may limit a comprehensive understanding of the organization’s impact or effectiveness in its mission-related activities. Overall, the foundation's financial health and governance practices are commendable, but further information on its program outcomes could provide a more complete picture.

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

Genesis Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Foundation Inc 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: $0

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