Genesis University South Africa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 87,402 | 28,732 | 58,670 | 24.5 | 99% |
| 2019 | 501,471 | 131,360 | 370,111 | 39.2 | 72% |
| 2020 | 782,293 | 166,615 | 615,678 | 75.2 | 56% |
| 2021 | 1,410,328 | 161,775 | 1,248,553 | 170.1 | 84% |
| 2022 | 323,326 | 331,572 | −8,246 | 82.7 | 48% |
| 2023 | 780,308 | 1,506,318 | −726,010 | 12.4 | 14% |
In its most recent public year (2023), this organization spent $726,010 more than it brought in. Its reserves stood at about 12.4 months of spending, down from 24.5 in 2018. Staff pay was 14% of spending. $859,490 of its net assets are donor-restricted.
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 2023. 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
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