Nonprofit · EIN 91-2120744
GENESIS FOUNDATION INC
Tax-exempt · NEW YORK, NY 10022
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $163,991 | $400,188 | -$236,197 | $2,781,966 | $0 | $2,781,966 |
| December 31, 2023 | 990 | $128,132 | $681,097 | -$552,965 | $3,029,026 | $0 | $3,029,026 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $25,000
- Program service revenue
- $0
- Investment income
- $138,991
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $400,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $165
- Program services (functional)
- $400,023
- Management and general (functional)
- $165
Balance sheet and other
- Total assets, start of year
- $3,029,026
- Total assets, end of year
- $2,781,966
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,781,966
- Net assets without donor restrictions
- $2,781,966
- Gross receipts
- $163,991
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2000
- State of legal domicile
- FL
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 |
|---|---|---|---|
| CAROLINA ESQUENAZI | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MIREE KIM | TREASURER & SECRETARY Trustee or director, Officer | 0.5 | $0 |
| JAIME BERMUDEZ | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROLINA ESQUENAZI | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MIREE KIM | TREASURER (INCOMING) Trustee or director, Officer | 0.5 | $0 |
| SUSAN MAYER | TREASURER (OUTGOING) Trustee or director, Officer | 0.5 | $0 |
| JAIME BERMUDEZ | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 505 PARK AVENUE 4FL, NEW YORK, NY 10022-1106
- In care of
- % CAROLINA ESQUENAZI PRES
- Principal officer (990 for 2024)
- CAROLINA ESQUENAZI, 505 PARK AVENUE 4FL, NEW YORK, NY 10022
- Signed the 990
- MIREE KIM, TREASURER & SECRETARY
- Phone
- (212) 421-1933
- Return prepared by
- SKODY SCOT & CO CPAS PC
Mission
GENESIS FOUNDATION SEEKS TO CREATE A MORE INCLUSIVE SOCIETY FOR COLOMBIAN CHILDREN BY IMPROVING THE QUALITY OF THEIR EDUCATION. WE ENHANCE PROGRAMS THAT PROVIDE CHILDREN IN VULNERABLE LIFE SITUATIONS WITH BETTER OPPORTUNITIES TO DEVELOP AND SUCCEED.
Program accomplishments
- GENESIS PORTFOLIO - PROVIDES FUNDS, PROJECTS AND PROGRAMS IN THE AREA FORMAL EDUCATION, BENEFITING CHILDREN 0-18 YEARS OLD, AS WELL AS TRAINING PROGRAMS IN THESE TWO AREAS.Expenses $400,023 · grants $400,000
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 on file |
IRS record
- EIN
- 91-2120744
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $2,781,966
- Income (IRS master file)
- $163,991
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $163,991 | $400,188 | $2,781,966 | XML |
| 990 | December 2023 | $128,132 | $681,097 | $3,029,026 | XML |
| 990 | December 2022 | $29,160 | $476,759 | $3,540,355 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 91-2120744).
Questions about GENESIS FOUNDATION INC
- What is the EIN of GENESIS FOUNDATION INC?
- The employer identification number (EIN) of GENESIS FOUNDATION INC is 91-2120744.
- Is GENESIS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to GENESIS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GENESIS FOUNDATION 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 FOUNDATION INC 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 FOUNDATION INC 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 FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names CAROLINA ESQUENAZI.
- Who are the officers and directors of GENESIS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does GENESIS FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $163,991, expenses of $400,188 and total assets of $2,781,966 at year end.
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