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Nonprofit · EIN 83-4218073

GENESIS MOTOR AMERICA FOUNDATION

Tax-exempt · FOUNTAIN VLY, CA 92708

Financials

$3.1M$3.2M2023$3.5M$4M2024
Revenue Expenses · by fiscal year end
Financials of GENESIS MOTOR AMERICA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,471,282$4,028,881-$557,599$3,125,010$190,454$2,934,556
December 31, 2023990$3,067,386$3,226,804-$159,418$3,658,375$166,220$3,492,155
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,370,600
Program service revenue
$0
Investment income
$100,682
Other revenue
$0

Expenses

Grants and similar amounts paid
$3,240,000
Compensation of officers, directors and key employees
$112,650
Other salaries and wages
$18,961
Salaries, compensation and benefits (total)
$143,581
Professional fundraising fees
$0
Legal fees
$2,493
Accounting fees
$30,370
Travel
$21,710
Program services (functional)
$3,854,223
Management and general (functional)
$174,658

Balance sheet and other

Total assets, start of year
$3,658,375
Total assets, end of year
$3,125,010
Total liabilities, end of year
$190,454
Net assets, end of year
$2,934,556
Gross receipts
$3,471,282
Employees
0
Volunteers
0
Year formed
2018
State of legal domicile
CA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
John GuastaferroExective Director
Trustee or director
15$0$112,650
Elizabeth SanchezSecretary
Trustee or director, Officer
0.12$0$0
Peter LanzavecchiaVice Chair
Trustee or director, Officer
0.12$0$0
Walter DawsonChair
Trustee or director, Officer
0.12$0$0
Sherry GordonDirector
Trustee or director
0.12$0$0
Tedros MengisteDirector
Trustee or director
0.12$0$0
Brandon RamirezDirector
Trustee or director
0.12$0$0
Andrew AtkinLegal Counsel
Trustee or director
0.12$0$0
Art LeBlancDirector
Trustee or director
0.12$0$0
Zach KrauseDirector
Trustee or director
0.12$0$0
Scott LevyDirector
Trustee or director
0.12$0$0
Gabriel FariaDirector
Trustee or director
0.12$0$0
Mike SullivanDirector
Trustee or director
0.12$0$0
Jocelyn WangDirector
Trustee or director
0.12$0$0
Kevin ReillyDirector
Trustee or director
0.12$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgs
John GuastaferroExective Director
Trustee or director
15$0$115,025
Elizabeth SanchezSecretary
Trustee or director, Officer
0.12$0$0
Peter LanzavecchiaVice Chair
Trustee or director, Officer
0.12$0$0
Walter DawsonChair
Trustee or director, Officer
0.12$0$0
Sherry GordonDirector
Trustee or director
0.12$0$0
Tedros MengisteDirector
Trustee or director
0.12$0$0
Brandon RamirezDirector
Trustee or director
0.12$0$0
Andrew AtkinLegal Counsel
Trustee or director
0.12$0$0
Art LeBlancDirector
Trustee or director
0.12$0$0
Zach KrauseDirector
Trustee or director
0.12$0$0
Scott LevyDirector
Trustee or director
0.12$0$0

Address and contacts

Address (IRS master file)
10550 TALBERT AVE, FOUNTAIN VLY, CA 92708-6031
In care of
% ZAFAR BROOKS
Principal officer (990 for 2024)
John Guastaferro, 10550 Talbert Ave, Fountain Valley, CA 92708
Signed the 990
John Guastaferro, Exec. Director
Phone
(714) 965-3584
Return prepared by
Stephens Reidinger & Beller LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 83-4218073 or by the name GENESIS MOTOR AMERICA FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

The Foundation invests in arts programming at the community level for youth, providing interactive experiences to support and enhance education experiences. Our goal is to harness the power of arts to fuel the next generation, to open doors to help them enhance their creativity and collaboration skills, improve their problem-solving and critical thinking ability, and increase their self-confidence.

990 for the year ended December 31, 2024

Program accomplishments

  • Awarded competitive grants to nonprofits with youth art education programs
    Expenses $3,854,223 · grants $3,240,000 · revenue $3,471,282

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-4218073
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,125,010
Income (IRS master file)
$3,471,282

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,471,282$4,028,881$3,125,010XML
990December 2023$3,067,386$3,226,804$3,658,375XML
990December 2022$1,891,675$2,001,194$3,726,430IRS
990December 2021–––IRS
990December 2020–––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 83-4218073).

Questions about GENESIS MOTOR AMERICA FOUNDATION

What is the EIN of GENESIS MOTOR AMERICA FOUNDATION?
The employer identification number (EIN) of GENESIS MOTOR AMERICA FOUNDATION is 83-4218073.
Is GENESIS MOTOR AMERICA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to GENESIS MOTOR AMERICA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GENESIS MOTOR AMERICA FOUNDATION 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 MOTOR AMERICA FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GENESIS MOTOR AMERICA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GENESIS MOTOR AMERICA FOUNDATION?
The 990 for the year ended December 31, 2024 names John Guastaferro.
Who are the officers and directors of GENESIS MOTOR AMERICA FOUNDATION?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does GENESIS MOTOR AMERICA FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,471,282, expenses of $4,028,881 and total assets of $3,125,010 at year end.

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