GENESIS LA ECONOMIC GROWTH CORPORATION

LOS ANGELES, CA, 90017 (213) 533-8900 Est. 1998 EIN 95-4712513
S31 - Urban & Community Economic Development 990 - Public charity return 501(c)(3)
genesisla.org

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION SHALL BE TO COMBAT COMMUNITY DETERIORATION BY ASSISTING, IMPLMENTING, SUPPORTING OR CONTRIBUTING TO THE SUPPORT OF PROGRAMS, PROJECTS AND ACTIVITIES OF PUBLIC NATURE DESIGNED TO STIMULATE ECONOMIC DEVELOPMENT.

Giving Portfolio

Total Grants
57
Total Giving
$17.9M
Recipients
56
Years Active
2019 - 2025
Avg grant: $268,819 Median: $50,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202513$1.4M $104K76
202410$1.7M $170K28
202310$1.3M $126K55
202212$12.6M $1.0M102
20218$273K $34K71
20202$43K $21K10
20192$760K $380K20

Sectors Funded

Community Improvement
14
Housing & Shelter
10
Environment
4
Human Services
3
Crime & Legal-Related
1
Youth Development
1

Top States

California
54
Massachusetts
1

Grantee Size Profile

$1M - $5M
13
$500K - $1M
9
$5M - $10M
3
$10M - $50M
3
Over $50M
3
$100K - $500K
2

Top Grantees

Page 1 of 3
VM COMMERCIAL LENDER LLC
CA
$8.5M
CA - 4 grants
$917K
$611K
CA - 4 grants
$416K
COALITION FOR RESPONSIBLE COMMUNITY DEV
CA - 2 grants
$337K

Grants Awarded · 33 grants

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Financials

Total Revenue
$18,549,186
Total Expenses
$7,325,672
Net Assets
$92,134,537
18 employees
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 49.8%
Expenses ↑ 5.2%
Revenue Sources
Contributions 38.0% Earned revenue 20.7% Investment 41.3%
Expense Breakdown
Program 93.2% Management 4.2% Fundraising 2.6%

Officers & Trustees (15)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$18,549,186 ↓$7,325,672$92,134,537
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$36,924,816 ↑$6,966,862$89,431,517
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$12,696,966 ↓$5,688,271$71,250,793
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$29,890,047 ↑$18,976,298$65,495,844
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$20,248,596 ↑$4,032,710$55,250,639
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$12,098,044 ↑$2,884,239$38,561,369
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$6,406,307 ↓$3,584,621$30,030,915
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$6,910,003 $2,388,980$27,288,616

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EIN: 95-4712513 · Source: IRS Form 990 e-file data