Genesis Residential
Gadsden, Alabama
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,952,354↑5% | $1,924,471↑11% | $1,196,079↑1% | |
| 2022 | $1,853,185 | $1,739,546↑3% | $1,185,174↓4% | — |
| 2021 | $1,847,494↓1% | $1,689,146↑4% | $1,233,602↑15% | — |
| 2020 | $1,872,027↑16% | $1,620,540↑3% | $1,069,695↑59% | — |
| 2019 | $1,616,002 | $1,569,380↑4% | $673,895↑9% | — |
| 2018 | $1,612,968↑12% | $1,509,813↑25% | $620,002↑24% | — |
| 2017 | $1,443,000↑11% | $1,206,308↑1% | $499,758↑69% | — |
| 2016 | $1,300,449↑3% | $1,191,468↑4% | $295,436↑40% | — |
| 2015 | $1,267,944↑574% | $1,148,712↑483% | $210,745↑65% | — |
| 2014 | $188,231 | $197,190 | $127,912 | — |
Frequently Asked Questions
What does Genesis Residential do?▼
Genesis Residential is a housing & shelter nonprofit organization based in Alabama. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Genesis Residential financially healthy?▼
Based on our 9-metric Financial Health Score model, Genesis Residential has a score of 74/100 (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 Genesis Residential generate?▼
Genesis Residential reports $2.7M in annual revenue and holds $2.1M in total assets, based on IRS filings.
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