2021-11-15T15:08:48-06:00 2020-12-31 042629080 CARAS & SHULMAN PC 78 BLANCHARD RD STE 306 BURLINGTON MA 01803 990 2020-01-01 042760083 THE GENESIS FOUNDATION FOR CHILDREN GENE 6173677070 60 TEMPLE PLACE 2ND FLOOR BOSTON MA 02111 MATTHEW HOFFMAN PRESIDENT 6173677070 2021-11-15 1 MATTHEW HOFFMAN 999009999 CARAS SHULMAN PC P02002472 7812733950 2021-11-15 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MATTHEW HOFFMAN 60 TEMPLE PLACE 2ND FLOOR BOSTON MA 02111 684266 0 X WWW.THEGENESISFUND.ORG X 1982 MA THE MISSION OF THE GENESIS FOUNDATION FOR CHILDREN IS TO PROVIDE FUNDING FOR THE DIAGNOSIS AND COMPASSIONATE, COORDINATED CARE OF CHILDREN BORN WITH PHYSICAL, INTELLECTUAL, DEVELOPMENTAL, AND GENETIC DISORDERS, AND TO AID THEM IN ACHIEVING THEIR FULL POTENTIAL. 13 13 5 5 0 0 1176099 578038 0 0 34240 31840 0 0 1210339 609878 487052 368640 0 0 459957 320668 0 0 191702 127828 134681 1074837 823989 135502 -214111 1077470 967392 227094 304085 850376 663307 THE MISSION OF THE GENESIS FOUNDATION FOR CHILDREN IS TO PROVIDE FUNDING FOR THE DIAGNOSIS AND COMPASSIONATE, COORDINATED CARE OF CHILDREN BORN WITH PHYSICAL, INTELLECTUAL, DEVELOPMENTAL, AND GENETIC DISORDERS, AND TO AID THEM IN ACHIEVING THEIR FULL POTENTIAL. 0 0 28436 28436 PROVIDE THE FUNDING OF PROGRAMS DEVELOPED AND/OR RUN BY THERAPY AND THE PERFORMING ARTS. THERAPY AND THE PERFORMING ARTS EITHER DEVELOPS OR SUPPORTS MUSIC, ART, DANCE, SPORTING ACIVITIES, HORSEBACK RIDING, ETC FOR MENTALLY AND/OR PHYSICALLY DISABLED CHILDREN IN THE GREATER NEW ENGLAND AREA. 340204 340204 THE GENESIS FOUNDATION FOR CHILDREN DEVELOPS AND EXECUTES FUNDRAISING EVENTS IN ORDER TO PROVIDE FUNDING TO ORGANIZATIONS SUPPORTING OUR MISSIONS OF CARE AND TREATMENT OF CHILDREN BORN WITH GENETIC DISORDERS. 368640 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X THE ORGANIZATION 6173677070 60 TEMPLE PLACE 2ND FLOOR BOSTON MA 02111 X MATTHEW HOFFMAN PRESIDENT & EXEC BOARD 5.00 X X 0 0 0 WILL GLINDMEYER DIRECTOR 0.50 X 0 0 0 JUDY BRIGGS CHAIR 0.50 X X 0 0 0 CATHERINE NOWAK MD EXECUTIVE BOARD MEMBER 0.50 X 0 0 0 ROB GLASS DIRECTOR 0.50 X 0 0 0 JUSTIN FEINGOLD DIRECTOR 0.50 X 0 0 0 NATALIE JACOBSON DIRECTOR 0.50 X 0 0 0 MICHAEL GASS ESQ BOARD CHAIR 0.50 X X 0 0 0 RICHARD SAWYER DIRECTOR 0.50 X 0 0 0 JENNIFER BERRYMAN DIRECTOR 0.50 X 0 0 0 LAURA HOUSMAN DIRECTOR 0.50 X 0 0 0 LISA FEINGOLD DIRECTOR 0.50 X 0 0 0 DR AMY KRITZER DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 246937 331101 98326 578038 17630 17630 14210 0 14210 14210 14210 74388 246937 74388 0 609878 0 0 31840 368640 368640 266583 125593 140990 33100 15594 17506 20985 9886 11099 18915 18915 7660 7660 852 852 36278 34939 1339 18550 8739 9811 34 34 1657 1204 453 9647 9647 COMPUTER 20660 20660 FUNDRAISING EXPENSES 8972 8972 OTHER EXPENSES 6530 6530 TELEPHONE 2896 1364 1532 2030 2030 823989 368640 263647 191702 450030 227755 32092 111531 25042 16339 22483 21623 1717 860 564922 608040 3667 2867 1077470 967392 227094 230485 0 73600 227094 304085 X 596199 421174 254177 242133 850376 663307 1077470 967392 -214111 27042 0 X 0 1 X 1 0 X 313861 566441 353073 499869 344226 2077470 313861 566441 353073 499869 344226 2077470 2077470 10637 12738 14563 17769 17630 73337 184593 281372 314144 282860 74388 1137357 3288164 0.63180 0.58310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22483 21623 860 860 PAYROLL PROTECTION LOAN 73600 73600 X 724433 27042 87513 114555 609878 0 609878 898377 74388 74388 823989 0 823989 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME OR EXCISE TAX HAS BEEN RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS ACCOUNTING GUIDANCE PROVIDED IN FASB ASC 740, INCOME TAXES WITH REGARD TO ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS. THIS GUIDANCE DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION OF TAX BENEFITS, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE ORGANIZATION EVALUATES ALL SIGNIFICANT INCOME TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATED OF AMERICA. AS OF DECEMBER 31, 2020, THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN TWELVE MONTHS OF THE REPORT DATE. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THE LAST THREE YEARS. INTEREST AND PENALTIES RELATED TO INCOME TAXES ARE INCLUDED IN ADMINISTRATION EXPENDITURES, IF INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 74,388. NET ASSETS RELEASED FROM RESTRICTION 13,125. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 74,388. COURTYARD OPEN 26405 26405 0 2811 LAKE WINNIPESAUKEE GOLF 26950 26950 12538 569 9 265570 265570 35275 23195 318925 318925 47813 26575 74388 244537 1 BOSTON CHILDREN'S HOSPITAL 300 LONGWOOD AVENUE BOSTON MA 02115 431987409 501(C)(3) 340204 PEDIATRIC CARE TO CHILDREN WITH SPECIAL NEEDS SOUTH SHORE CONSERVATORY PO BOX 1523 DUXBURY MA 02331 042470761 501(C)(3) 28436 PEDIATRIC CARE TO CHILDREN WITH SPECIAL NEEDS PART I, LINE 2: THE GENESIS FOUNDATION FOR CHILDREN PROVIDES GRANTS TO OTHER ORGANIZATIONS THAT SHARE THE SAME MISSION AS THE GENESIS FOUNDATION FOR CHILDREN, PROVIDING COORDINATED CARE TO CHILDREN WITH SPECIAL NEEDS. IN ADDITION, THE FUND HAS A NEW PROGRAM WHERE THE FUND PROVIDES SUPPORT TO CHILDREN WITH SPECIAL NEEDS. 1 X X 0 0 0 0 0 0 0 0 0 X AUCTION/RAFFLE ITEMS 28 98326 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION'S MANAGEMENT. A DRAFT OF THE FORM 990 IS REVIEWED. ALL COMMENTS ARE THEN ADDRESSED AND ANY NECESSARY CHANGES ARE MADE. THE REVISED DRAFT IS FORWARDED TO THE PRESIDENT FOR FINAL REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD MUST READ, DISCLOSE AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. IF THERE IS A POTENTIAL CONFLICT OF INTEREST, THE FULL BOARD OF DIRECTORS OR THE EXECUTIVE COMMITTEE WILL DISCUSS TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION MONITORS COMPENSATION LEVELS BY USING COMPARABILITY DATA FROM SIMILAR ORGANIZATIONS. EMPLOYEES OF THE ORGANIZATION HAVE NOT RECEIVED AN INCREASE IN COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE VIA GUIDESTAR, CHARITY NAVIGATOR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. 1 1