New Genesis Inc
- Assets
- $891.4k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 44
- Location
- Kalamazoo, MI
- Founding
- 06/1983
- Data as of
- 06/2022
- EIN
- 38-2338855
Organization Overview
New Genesis Inc is located in Kalamazoo, MI. The organization was established in 1983. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2022, New Genesis Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Genesis Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, New Genesis Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $804.0k during the year ending 06/2022. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NEW GENESIS, INC. IS COMMITTED TO POSITIVELY IMPACTING LIVES IN SOUTHWEST MICHIGAN. NEW GENESIS IS A YOUTH AND FAMILY SERVICES ORGANIZATION WHOSE MISSION IS TO TRANSFORM LIVES THROUGH PROGRAMS AND SERVICES THAT EFFECTIVELY MEET EXPRESSED COMMUNITY GOALS IN PRACTICAL WAYS. WE BELIEVE OUR MISSION REQUIRES A HOLISTIC APPROACH; THEREFORE WE WORK TO STRENGTHEN INDIVIDUALS AND FAMILIES BY PROVIDING SERVICES THAT FOSTER PERSONAL ENRICHMENT, DEVELOPMENT AND GROWTH. PROGRAMMATIC EMPHASIS ON THE IMPORTANCE OF HIGH MORAL VALUES, DESTINY IDENTIFICATION, AND A STRONG EDUCATIONAL FOUNDATION GUARANTEES OUR PROGRAMS' EFFECTIVENESS. OUR VISION IS TO CREATE A FAITH-BASED ENVIRONMENT THAT FOSTERS SUCCESS BY EMPOWERING INDIVIDUALS AND FAMILIES THROUGH THE DEVELOPMENT OF COMMUNITY RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY CHILDHOOD CENTER - A HIGH QUALITY PRESCHOOL AND EARLY CHILD DEVELOPMENT PROGRAM SERVING CHILDREN FROM 6 WEEKS TO 5 YEARS OF AGE. THE CENTER ALSO OPERATES KRESA NORTH SIDE PRESCHOOL PROGRAM FOR 3 YEAR OLDS AND A GREAT START READINESS PROGRAM FOR 4 YEAR OLDS.
NEW GENESIS SUCCESS ACADEMY AFTER SCHOOL & SUMMER PROGRAM - AN OUTSTANDING AFTER SCHOOL PROGRAM FOR CHILDREN IN KINDERGARTEN THROUGH 8TH GRADE. THE PROJECT WILL PROVIDE A SAFE, STRUCTURED ENVIRONMENT WHERE CHILDREN CAN GO DURING PEAK JUVENILE CRIME TIMES BY OFFERING AN AFTER SCHOOL AND AN ALL-DAY SUMMER CAMP PROGRAM. BOTH PROGRAMS INCLUDE ACADEMIC SUPPORT, READING INTERVENTION, MENTORING, SOCIAL EMOTIONAL LEARNING AND TECHNOLOGY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anquanette Wilbon Executive Di | Officer | 40 | $56,077 |
Yolanda Dehaan President | OfficerTrustee | 2 | $0 |
Danielle Standish Secretary | OfficerTrustee | 2 | $0 |
Pastor Joel Brooks Jr Member | Trustee | 1 | $0 |
Barry Stephens Member | Trustee | 1 | $0 |
Tara Green Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $85,531 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $482,720 |
| All other contributions, gifts, grants, and similar amounts not included above | $593,618 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,161,869 |
| Total Program Service Revenue | $254,423 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,511,578 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,077 |
| Compensation of current officers, directors, key employees. | $28,038 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $453,762 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,051 |
| Payroll taxes | $42,281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,834 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,216 |
| Advertising and promotion | $2,885 |
| Office expenses | $8,534 |
| Information technology | $3,949 |
| Royalties | $0 |
| Occupancy | $93,675 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,391 |
| Insurance | $2,953 |
| All other expenses | $0 |
| Total functional expenses | $804,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $851,493 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $39,890 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $891,383 |
| Accounts payable and accrued expenses | $16,384 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,384 |
| Net assets without donor restrictions | $874,999 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $891,383 |