Nonprofit · EIN 86-1807132
GENESIS FOR GOOD FOUNDATION
Tax-exempt · NEWPORT BEACH, CA 92660
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $260,545 | $98,929 | $161,616 | $174,931 | $30,000 | $144,931 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $260,545
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $95,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,365
- Program services (functional)
- $95,182
- Management and general (functional)
- $1,547
- Fundraising (functional)
- $2,200
Balance sheet and other
- Total assets, start of year
- $13,315
- Total assets, end of year
- $174,931
- Total liabilities, end of year
- $30,000
- Net assets, end of year
- $144,931
- Gross receipts
- $260,545
- Employees
- 0
- Volunteers
- 53
- Year formed
- 2020
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN H GORDON | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| AMIL AARON | PRESIDENT AND EXECUTIVE DIRECTOR Officer | 5 | $0 |
| WILL HAN | CHIEF FINANCIAL OFFICER Officer | 5 | $0 |
| ANDY GALLARDO | SECRETARY Officer | 5 | $0 |
| MARSIE ALFORD | DIRECTOR Trustee or director | 1 | $0 |
| TAM NGUYEN | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4675 MACARTHUR CT STE 1600, NEWPORT BEACH, CA 92660-1852
- In care of
- % ANDRES GALLARDO
- Mailing address (990-N for 2023)
- 4675 MacArthur Court Suite 1600, Newport Beach CA 92660
- Principal officer (990 for 2024)
- WILL HAN, 4675 MACARTHUR COURT 1600, NEWPORT BEACH, CA 92660
- Principal officer (990-N for 2023)
- Amilcar Aaron, 4675 MacArthur Court Suite 1600, Newport Beach CA 92660
- Signed the 990
- WILL HAN, CHIEF FINANCIAL OFFICER
- Phone
- (949) 273-1487
- Return prepared by
- KSP CONSULTING
Mission
TO STIMULATE ECONOMIC CHANGE, PROMOTE REINVESTMENT AND IMPROVE THE QUALITY OF LIFE FOR THE DISADVANTAGED, WITH A SPECIFIC AND INTENTIONAL FOCUS ON MINORITY POPULATIONS.
Program accomplishments
- PROVIDE GRANTS TO NON-PROFIT ORGANIZATIONS THAT ARE SUCCESSFULLY MEETING COMMUNITY NEEDS.Expenses $95,182 · grants $95,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 86-1807132
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $174,931
- Income (IRS master file)
- $260,545
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990-N for 2023 Officer: Amilcar Aaron | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2022 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about GENESIS FOR GOOD FOUNDATION
- What is the EIN of GENESIS FOR GOOD FOUNDATION?
- The employer identification number (EIN) of GENESIS FOR GOOD FOUNDATION is 86-1807132.
- Is GENESIS FOR GOOD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to GENESIS FOR GOOD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GENESIS FOR GOOD 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 FOR GOOD 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 FOR GOOD 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 FOR GOOD FOUNDATION?
- The 990 for the year ended December 31, 2024 names WILL HAN.
- Who are the officers and directors of GENESIS FOR GOOD FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does GENESIS FOR GOOD FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $260,545, expenses of $98,929 and total assets of $174,931 at year end.
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