Genesis La Economic Growth Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 966,805 | 828,047 | 138,758 | 82.3 | 38% |
| 2012 | 1,813,157 | 649,546 | 1,163,611 | 114.7 | 6% |
| 2013 | 4,581,495 | 1,033,933 | 3,547,562 | 119.4 | 35% |
| 2014 | 2,137,748 | 1,002,949 | 1,134,799 | 139.3 | 44% |
| 2015 | 3,770,159 | 1,061,230 | 2,708,929 | 158.8 | 49% |
| 2016 | 6,900,029 | 2,930,964 | 3,969,065 | 69.3 | 33% |
| 2017 | 8,639,727 | 1,953,988 | 6,685,739 | 142.6 | 54% |
| 2018 | 6,910,003 | 2,388,980 | 4,521,023 | 137.1 | 52% |
| 2019 | 6,406,307 | 3,584,621 | 2,821,686 | 100.5 | 36% |
| 2020 | 12,098,044 | 2,884,239 | 9,213,805 | 160.4 | 49% |
| 2021 | 20,248,596 | 4,032,710 | 16,215,886 | 164.4 | 0% |
| 2022 | 29,890,047 | 18,976,298 | 10,913,749 | 41.4 | 0% |
| 2023 | 12,696,966 | 5,688,271 | 7,008,695 | 150.3 | 38% |
In its most recent public year (2023), this organization brought in $7,008,695 more than it spent. Its reserves stood at about 150.3 months of spending, up from 82.3 in 2011. Staff pay was 38% of spending. $12,517,608 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
Genesis La Economic Growth Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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