J โ€” EmploymentEIN: 061328903ยท 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

๐Ÿ’ฐ
$5.4M
Total Revenue
๐Ÿ“Š
$7.6M
Total Expenses
๐Ÿฆ
$9.9M
Net Assets
๐Ÿ“‹
$628K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-22.1%
Year-over-year change (2022 โ†’ 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$5,418,927โ†“22%$7,602,279โ†“3%$10,507,697โ†‘5%
2022$6,952,463โ†“14%$7,875,942โ†‘4%$9,969,984โ†“5%
2021$8,113,604โ†‘6%$7,599,447$10,521,752โ†‘16%
2020$7,626,073โ†“9%$7,563,364โ†“2%$9,105,675โ†‘2%
2019$8,366,767โ†‘3%$7,713,812โ†‘4%$8,967,693โ†‘9%
2018$8,091,085โ†‘2%$7,437,943โ†‘2%$8,240,182โ†‘6%
2017$7,960,428โ†‘12%$7,257,878โ†‘7%$7,741,968โ†‘14%
2016$7,080,925โ†“5%$6,759,583โ†‘1%$6,780,672โ†‘2%
2015$7,442,322โ†‘2%$6,705,287โ†‘5%$6,674,045โ†‘6%
2014$7,293,506โ†‘10%$6,367,225โ†‘7%$6,298,409โ†‘21%
2013$6,620,252โ†‘16%$5,938,302โ†‘10%$5,193,464โ†‘19%
2012$5,691,884โ†‘4%$5,402,540โ†‘12%$4,379,904โ†‘1%
2011$5,478,049$4,816,149$4,316,742

Frequently Asked Questions

What does Project Genesis Incorporated do?โ–ผ

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?โ–ผ

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?โ–ผ

Project Genesis Incorporated reports $8.2M in annual revenue and holds $11.4M in total assets, based on IRS filings.

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Project Genesis Incorporated โ€” Willimantic, CT | GiveScope