Genesis Innovation Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 650,000 | 139,994 | 510,006 | 43.7 | 0% |
| 2018 | 3,867,563 | 3,728,065 | 139,498 | 2.0 | 0% |
| 2019 | 6,906,383 | 6,005,505 | 900,878 | 3.0 | 0% |
| 2020 | 8,713,527 | 7,631,616 | 1,081,911 | 4.1 | 0% |
| 2021 | 10,227,224 | 9,713,470 | 513,754 | 3.8 | 0% |
| 2022 | 11,246,482 | 9,964,672 | 1,281,810 | 5.3 | 0% |
| 2023 | 12,674,616 | 12,895,897 | −221,281 | 3.9 | 0% |
| 2024 | 11,298,411 | 13,072,763 | −1,774,352 | 2.2 | 0% |
In its most recent public year (2024), this organization spent $1,774,352 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 43.7 in 2017. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Genesis Innovation Academy Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works