LIVE LIKE GENO FOUNDATION INC Charity Report

Tax-exempt status may be revoked

LIVE LIKE GENO FOUNDATION INC

EIN 82-0882905 · Recreation & Sports N.E.C. (N99)

What they do

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.

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

70.59%of revenue went to mission work66.9% of expenses · Program services

$105.53spent for every $100 of revenueSpending was higher than revenue this year.

34.94%of revenue went to management and office costs33.1% of expenses

$0.40in assets for every $1 spent this yearSome assets cannot be spent right away.

2.1%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $32,964 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $33,000 for TIFFANY VENTRESCA-COTTER (EXECUTIVE DIR.). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$595,816

Mission workProgram services$420,61170.59% of revenue66.9% of expenses

ManagementOffice and general costs$208,16934.94% of revenue33.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$628,780105.53% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 66.9% mission · 33.1% management · 0.0% fundraisingTotal expenses: 105.53% of revenue

2022Expense mix: 74.3% mission · 25.7% management · 0.0% fundraisingTotal expenses: 84.10% of revenue

2021Expense mix: 67.3% mission · 32.7% management · 0.0% fundraisingTotal expenses: 100.51% of revenue

Money in and money out

Revenue$595,816

Expenses$628,780

Annual shortfall $32,964 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$420,611 · 66.9% of expenses

Management and office costs$208,169 · 33.1% of expenses

See all reported dollar amounts

Revenue$595,816

Expenses$628,780

Assets$251,539

Income$622,306

Contributions$12,597

Mission work (program services)$420,611

Management and general$208,169

Accounting fees$2,663

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TIFFANY VENTRESCA-COTTEREXECUTIVE DIR. · 2 hrs/week $33,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

TIFFANY VENTRESCA-COTTEREXECUTIVE DIR.

BENI COMMAVICE PRESIDENT

BRIEANNA LINESDIRECTOR

BRYNN GHODIRECTOR

DANIEL GHODIRECTOR

ELIZABETH DRINKSDIRECTOR

NATHAN SANDERSPRESIDENT & CEO

WILLIAM COTTERTREASURER/SECRETARY

About this charity

Recognized since: January 2021
Location: 35 JANETS COURT, HOLLISTER, CA 95023
County: San Benito
In care of: WILL COTTER
Primary officer: WILL COTTER, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailtogether@livelikegeno.org Phone(831) 537-0200

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Recreation & Sports N.E.C. (N99)
IRS tax category: Recreation & Sports N.E.C.
Revocation date: May 15, 2020