Live Like Geno Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
OUR MISSION TO INSPIRE PASSION, PURPOSE AND POSITIVITY IN HONOR OF GENO BY CREATING POSITIVE IMPACT IN THE LIVES OF ECONOMICALLY CHALLENGED YOUTH THROUGH DEVELOPMENT PROGRAMS THAT PERSONIFY HIS LOVE OF BASKETBALL, HIS COMMITMENT TO COMMUNITY ENRICHMENT, AND HIS AUTHENTIC APPROACH TO LIVING LIFE IN THE SERVICE OF OTHERS. OUR VISION IS TO CREATE A WORLD WHERE UNDERPRIVILEGED YOUTH FROM RURAL AND AT-RISK NEIGHBORHOODS HAVE EQUAL ACCESS TO SAFE OUTDOOR SPORTS FACILITIES, YOUTH EDUCATIONAL SERVICES, AND SCHOLARSHIP OPPORTUNITIES FOR THOSE WHO HAVE A CALLING TO VITALIZE COMMUNITIES, ADVOCATE FOR YOUTH, AND ENACT SOCIAL CHANGE.THE ORGANIZATION WAS CREATED TO HELP IMPROVE THE LIVES OF YOUTH THROUGHOUT CALIFORNIA THROUGH: (1) PROVIDING EDUCATIONAL GRANTS AND SCHOLARSHIPS; (2) DONATIONS TO SCHOOLS, AFTER-SCHOOL CENTERS, PARKS, RECREATION CENTERS, AND ANY OTHER MINOR-ORIENTED FACILITY THAT MAY SERVE OUR PURPOSE.
- Income
- $580,120
- Spending
- $696,794
- Spent on programs
- 60%
- Reserves
- 2.2 months of spending
- Largest source of income
- fees for its services, 84%
- Employees
- 90
- Volunteers
- 25
- Highest pay
- $68,250, treasurer/secretary (thru 2/25)
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 44 out of 100. Higher than 8% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.2 months of spending.
Debt
16 of 20It owes 15% of what it owns.
Living within its means
0 of 15Spending exceeded income by 20% of income.
Income trend
10 of 15Income fell 3% on the year before.
Spending floor
8 of 1560% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 76 out of 100. Higher than 78% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 257 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, 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 (2)
- $398,132 spent. PLAY UP - BASKETBALL JONES IS THE CAMP FOR CHILDREN TO REFINE THEIR SKILLS, IMPROVE ON TEAM CONCEPTS, HAVE FUN AND MEET NEW FRIENDS. WHETHER YOU ARE A BEGINNER WITH NO ORGANIZED BASKETBALL EXPERIENCE, A PLAYER LOOKING FOR AN EDGE TO NAB A STARTING SPOT, OR A NEXT LEVEL ATHLETE, WE WILL HAVE DRILLS WITH GAMES AND COMPETITIONS TO PROVIDE AN UNFORGETTABLE CAMP EXPERIENCE. DURING THE YEAR WE HOSTED 18 CAMPS DURING THE SUMMER AND 10 CAMPS DURING THE WINTER. WE SERVED 1363 BOYS AND GIRLS AGES 6-15.
- $16,531 spent. REACH UP - UNDER THE SCHOLARSHIP PROGRAM, THE FOUNDATION PROVIDES SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS RESIDING IN CALIFORNIA. THESE GRANTS AND SCHOLARSHIPS WILL BE USED TO HELP STUDENTS WITH ANY SCHOOL OR UNIVERSITY RELATED EXPENSE, INCLUDING: PARTICIPATION IN EXTRACURRICULAR ACTIVITIES (MUSEUMS, FIELD TRIPS, ART GALLERIES) ; COLLEGE TUITION EXPENSES, COLLEGE LIVING EXPENSES, AND COSTS OF SCHOOL SUPPLIES. THE FOUNDATION GAVE OUT 12 SCHOLARSHIPS TO ELIGIBLE HIGH SCHOOL STUDENTS DURING THE YEAR.
Source: Form 990 for the year ending September 30, 2025, 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 October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2020 for not filing returns for three years. The IRS now lists it as tax-exempt again.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.