Genesis Initiative
- Assets
- $94.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Poway, CA
- Founding
- 04/2009
- Data as of
- 12/2023
- EIN
- 26-3305187
Organization Overview
Genesis Initiative is located in Poway, CA. The organization was established in 2009. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesis Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Genesis Initiative generated $23.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $22.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SUPPORTED THE DEVELOPMENT OF THE HALEY SCOTT STORY A SEVERE MERCY THE CHRISTIE MILLER SERIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard I Lyles Chairman | 16 | $0 | |
Denys Rawson Secretary | 2 | $0 | |
Martha J Lyles Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,798 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,798 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $20,028 |
| Occupancy, rent, utilities, and maintenance | $2,500 |
| Printing, publications, postage, and shipping | $390 |
| Other expenses | $0 |
| Total expenses | $22,918 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $880 |
| Other assets | $0 |
| Total assets | $94,286 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,286 |