J — EmploymentEIN: 061328903· Ruling Year: 1992

Project Genesis Incorporated

Willimantic, Connecticut

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$5.4M
Total Revenue
📊
$7.6M
Total Expenses
🏦
$9.9M
Net Assets
📋
$628K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-22.1%
Year-over-year change (2022 → 2023)
Net Margin
-40.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.30
Net assets divided by total expenses
Liabilities-to-Assets
6.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,418,927↓22%$7,602,279↓3%$10,507,697↑5%
2022$6,952,463↓14%$7,875,942↑4%$9,969,984↓5%
2021$8,113,604↑6%$7,599,447$10,521,752↑16%
2020$7,626,073↓9%$7,563,364↓2%$9,105,675↑2%
2019$8,366,767↑3%$7,713,812↑4%$8,967,693↑9%
2018$8,091,085↑2%$7,437,943↑2%$8,240,182↑6%
2017$7,960,428↑12%$7,257,878↑7%$7,741,968↑14%
2016$7,080,925↓5%$6,759,583↑1%$6,780,672↑2%
2015$7,442,322↑2%$6,705,287↑5%$6,674,045↑6%
2014$7,293,506↑10%$6,367,225↑7%$6,298,409↑21%
2013$6,620,252↑16%$5,938,302↑10%$5,193,464↑19%
2012$5,691,884↑4%$5,402,540↑12%$4,379,904↑1%
2011$5,478,049$4,816,149$4,316,742

Frequently Asked Questions

What does Project Genesis Incorporated do?▼

Project Genesis Incorporated is a employment nonprofit organization based in Connecticut. It is classified under NTEE code J30Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Project Genesis Incorporated financially healthy?▼

Based on our 9-metric Financial Health Score model, Project Genesis Incorporated has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Project Genesis Incorporated generate?▼

Project Genesis Incorporated reports $8.6M in annual revenue and holds $12.5M in total assets, based on IRS filings.

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