Genesis Academy for Innovation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
GENESIS IS A NONPROFIT PROVIDING STEAM EDUCATION FOR UNDERSERVED YOUTH AT THE INTERSECTION OF ART AND TECHNOLOGY, IGNITING CREATIVITY AND EMPOWERING THEM WITH THE ESSENTIAL SKILLS FOR 21ST CENTURY SUCCESS.
- Income
- $257,000
- Spending
- $306,971
- Spent on programs
- 81%
- Reserves
- 8.5 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 1
- Volunteers
- 10
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 63 out of 100. Higher than 29% of charities in its peer group (education, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 8.5 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 19% of income.
Income trend
0 of 15Income fell 51% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 76 out of 100. Higher than 61% of charities in its peer group (education, $250k to $1m).
Independent board
5 of 250 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $249,590 spent. In 2023 - GENESIS STEAM provided the Innovator Kit to K-12 school and after school programs in Los Angeles. The Innovator Kit is a robust, STEAM enrichment program fostering collaborative project-based learning developed by experienced STEAM educators. Through the program, students combine ART with TECHNOLOGY to innovate solutions and problem-solve collaboratively.The Innovator Club has been developed for K-12 teachers, and isa plug-and-play (all standards aligned) curriculum that is designed to:1.Augment and strengthen current STEAM curriculum.2.Use Art + Tech to teach students how to innovate solutions to real world challenges.3.Increase students logic, creativity, and collaboration skills.Jan 2023 - June 2023: Spring SemesterGENESIS STEAM expanded the distribution of our Innovator Kits to a total of 35 classrooms in 18 Title 1 schools and after-school programs throughout Los Angeles, reaching 1,050 students in grades K-12.June 2023 - September 2023: SummerThink Together contracted GENESIS STEAM to be an official provider of STEAM programming for their Summer Camps. With our expanded partnership with Think Together, along with our continued partnership with the Boys & Girls Clubs METRO, we provided 12 summer camp sites with 81 Innovator Kits, providing STEAM programming for 3,705 youth during the summer.September 2023 - December 2023: Fall SemesterWe launched a new partnership with Compton Unified School District to provide GENESIS STEAM Innovator Programs for their STEAM Labs. We distributed Innovator Programming to 27 schools within the Compton Unified School District in Fall 2023. We also partnered with the Los Angeles County Office of Education to send Innovator kits to 10 LAUSD title 1 schools. We continued our after school STEAM programming for Think Together and the Boys & Girls Clubs by providing Innovator Kits for 13 after school programs. In total we provided STEAM programming for 1,500 students in Fall 2023.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.