Genesis Preparatory School Of Florida Inc
- Assets
- $1.5m
- Revenue
- $340.1k
- Investments
- $0.0
- Employees
- 10
- Location
- New Port Richey, FL
- Founding
- 08/2014
- Data as of
- 07/2021
- EIN
- 46-3120651
Organization Overview
Genesis Preparatory School Of Florida Inc is located in New Port Richey, FL. The organization was established in 2014. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 07/2021, Genesis Preparatory School Of Florida Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesis Preparatory School Of Florida 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 07/2021, Genesis Preparatory School Of Florida Inc generated $340.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $600.5k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF GENESIS PREPARATORY SCHOOL OF FL, INC. IS TO PROVIDE EXCELLENCE IN A RIGOROUS ACADEMIC COLLEGE PREPARATORY PROGRAM, IN A SUPPORTIVE ENVIRONMENT, WHILE PREPARING ITS STUDENTS TO LIVE CONSTRUCTIVE AND PRODUCTIVE LIVES AS THEY MEET THE UNIQUE CHALLENGES OF A MULTI-CULTURAL AND ECONOMICALLY DIVERSE SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE COMMITTED TO PROVIDING ACADEMIC, SOCIAL, MORAL, PHYSICAL, AND AESTHETIC VALUES IN A SAFE AND NURTURING ENVIRONMENT. WE BELIEVE THIS ENVIRONMENT WILL CULTIVATE RESOURCEFUL AND INDEPENDENT STUDENTS WITH LEADERSHIP QUALITIES AND COMPETITIVE SPIRIT. WE NURTURE THE CORE VALUES OF HONESTY, TRUST, AND RESPECT FOR THE DIGNITY OF OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Nurrenbrock Treasurer | OfficerTrustee | $0 | |
Leila Hudson Chair | OfficerTrustee | $0 | |
Kathleen Aedo Vice Chair | Trustee | $0 | |
Kelly Dupue Director | Trustee | $0 | |
Shazia Zia Director | Trustee | $0 | |
Syed Hasan Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $796 |
| 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 | $340,079 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $373,356 |
| Pension plan accruals and contributions | $2,587 |
| Other employee benefits | $0 |
| Payroll taxes | $21,127 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,500 |
| Advertising and promotion | $2,455 |
| Office expenses | $0 |
| Information technology | $11,757 |
| Royalties | $0 |
| Occupancy | $141,461 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $67 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,958 |
| All other expenses | $0 |
| Total functional expenses | $600,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,539 |
| Savings and temporary cash investments | $1,465,064 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,745 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,503,348 |
| Accounts payable and accrued expenses | $3,263 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $16,886 |
| 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 | $20,149 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,483,199 |
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