Nonprofit · EIN 81-4056534
GENESIS INNOVATION ACADEMY INC
Also known as GENESIS INNOVATION ACADEMY
Tax-exempt · ATLANTA, GA 30316
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,305,672 | $12,239,630 | $66,042 | $17,703,767 | $15,240,190 | $2,463,577 |
| June 30, 2024 | 990 | $11,298,411 | $13,072,763 | -$1,774,352 | $18,324,015 | $15,926,480 | $2,397,535 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,126,168
- of which government grants
- $1,126,168
- Program service revenue
- $10,508,263
- Investment income
- $0
- Other revenue
- $671,241
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $10,534,647
- Management and general (functional)
- $1,704,983
Balance sheet and other
- Total assets, start of year
- $18,324,015
- Total assets, end of year
- $17,703,767
- Total liabilities, end of year
- $15,240,190
- Net assets, end of year
- $2,463,577
- Land, buildings and equipment
- $3,858,271
- Net assets without donor restrictions
- $2,463,577
- Gross receipts
- $12,305,672
- Employees
- 70
- Year formed
- 2015
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAVIN A SAMMS | HEAD OF SCHOOLS Trustee or director, Officer | 40 | $199,335 |
| EDDIE BRADFORD | TREASURER Trustee or director, Officer | 0 | $0 |
| ALEX PARKER | BOARD CHAIR Trustee or director, Officer | 0 | $0 |
| DARYL C JONES | EX-OFFICIO Trustee or director | 0 | $0 |
| MARCUS SHUTE Sr | VICE CHAIR Trustee or director, Officer | 0 | $0 |
| JEFF LAWRENCE | BOARD MEMBER Trustee or director | 0 | $0 |
| KEISHIA NIBLACK | BOARD MEMBER Trustee or director | 0 | $0 |
| MARISSA J COLEMAN | BOARD MEMBER Trustee or director | 0 | $0 |
| TOMIKA JONES | EX- OFFICIO Trustee or director | 0 | $0 |
| JOHN WHITE | BOARD MEMBER Trustee or director | 0 | $0 |
| ALISON DE SOUZA | BOARD MEMBER Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAVIN A SAMMS | HEAD OF SCHOOLS Trustee or director, Officer | 0 | $174,458 |
| KEISHIA NIBLACK | BOARD MEMBER Trustee or director | 0 | $0 |
| JEFF LAWRENCE | BOARD MEMBER Trustee or director | 0 | $0 |
| MARISSA J COLEMAN | BOARD MEMBER Trustee or director | 0 | $0 |
| DARYL C JONES | BOARD MEMBER Trustee or director | 0 | $0 |
| EDDIE BRADFORD | TREASURER Trustee or director, Officer | 0 | $0 |
| TOMIKA JONES | BOARD CHAIR Trustee or director, Officer | 0 | $0 |
| MARCUS SHUTE SR | VICE CHAIR Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1049 CUSTER AVE SE, ATLANTA, GA 30316-3100
- In care of
- % GAVIN A SAMMS
- Signed the 990
- GAVIN A SAMMS PHD, HEAD OF SCHOOLS
- Phone
- (404) 990-3844
- Return prepared by
- BAMBO SONAIKE CPA LLC
Mission
TO CREATE THE NEXT GENERATION OF PATH-BREAKING INNOVATORS, WHO MAXIMIZE THEIR TALENTS AND ASSETS, PURSUE THEIR UNIQUE VISION, PURPOSE AND PASSION; AND LEAD BY SERVING WITH UNCOMPROMISING DISCIPLINE AND INTEGRITY.
Program accomplishments
- TO CREATE THE NEXT GENERATION OF PATH-BREAKING INNOVATORS, WHO MAXIMIZE THEIR TALENTS AND ASSETS, PURSUE THEIR UNIQUE VISION, PURPOSE AND PASSION; AND LEAD BY SERVING WITH UNCOMPROMISING DISCIPLINE AND INTEGRITY.Expenses $10,534,647
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-4056534
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $17,703,767
- Income (IRS master file)
- $12,305,672
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,305,672 | $12,239,630 | $17,703,767 | XML |
| 990 | June 2024 | $11,298,411 | $13,072,763 | $18,324,015 | XML |
| 990 | June 2023 | $12,674,616 | $12,895,897 | $20,948,334 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-4056534).
Questions about GENESIS INNOVATION ACADEMY INC
- What is the EIN of GENESIS INNOVATION ACADEMY INC?
- The employer identification number (EIN) of GENESIS INNOVATION ACADEMY INC is 81-4056534.
- Is GENESIS INNOVATION ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to GENESIS INNOVATION ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GENESIS INNOVATION ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GENESIS INNOVATION ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GENESIS INNOVATION ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of GENESIS INNOVATION ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $199,335 (GAVIN A SAMMS, HEAD OF SCHOOLS).
- How much revenue does GENESIS INNOVATION ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,305,672, expenses of $12,239,630 and total assets of $17,703,767 at year end.
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