Genesis Ministries Inc
- Assets
- $40.6k
- Revenue
- $412.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Canyon Lake, TX
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 55-0760547
Organization Overview
Genesis Ministries Inc is located in Canyon Lake, TX. The organization was established in 1999. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Genesis Ministries Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesis Ministries Inc 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 12/2021, Genesis Ministries Inc generated $412.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $411.2k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A CHURCH WITH COMMUNITY OUTREACH THAT'S PURPOSE IS TO IMPACT PEOPLE SO THAT THEY UNDERSTAND THEIR PURPOSE AND REALIZE THEY HAVE THE SPIRITUAL AUTHORITY TO POSITIVELY IMPACT THEIR CULTURE, RATHER THAN HAVE THAT CULTURE IMPACT AND CHANGE THEM
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTREACH TO THE LOCAL COMMUNITY PROVIDING FOOD, TRANSPORTATION, FINANCIAL SUPPORT, EDUCATION, GUIDANCE AND COMPASSION.
MAINTAIN FACILITIES THAT ARE SERVING AND OFFERING GUIDANCE TO THE LOCAL COMMUNITY.
PROFESSIONAL GUIDANCE AND TRAINING FOR EDUCATORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Daniel Armstrong Director/pastor | OfficerTrustee | 50 | $48,000 |
Judy Armstrong Associate Pastor | Officer | 30 | $24,000 |
Brian Kraft Youth Leader | Officer | 40 | $22,150 |
Herb Young Board Of Directors | Officer | 0.5 | $0 |
Yvette Candance Richardson Board Of Directors | Officer | 0.5 | $0 |
Matt Patterson Board Of Directors | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $412,796 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $412,796 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $412,796 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,185 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,319 |
| Payroll taxes | $7,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,273 |
| Office expenses | $1,425 |
| Information technology | $6,769 |
| Royalties | $0 |
| Occupancy | $105,352 |
| Travel | $7,788 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,137 |
| Interest | $18,686 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,495 |
| All other expenses | $0 |
| Total functional expenses | $411,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $352 |
| Savings and temporary cash investments | $20,501 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,763 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,616 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $40,616 |
| Total liabilities and net assets/fund balances | $40,616 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Genesis Ministries Inc has recieved totaling $42.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth Empowerment Services Inc San Antonio, TX | $7,844,599 | $11,560,080 |
The Life Link Santa Fe, NM | $3,097,508 | $7,396,927 |
Center For Success And Independence Inc Houston, TX | $2,763,575 | $6,535,294 |
The Mentoring Alliance Tyler, TX | $10,248,637 | $7,386,369 |
Boys & Girls Club Of Oklahoma County Inc Oklahoma City, OK | $13,692,559 | $7,392,530 |
Challenge Soccer Club Spring, TX | $1,043,388 | $3,206,725 |
Reconcile New Orleans Inc New Orleans, LA | $5,941,399 | $3,256,668 |
Lake Travis Youth Association Austin, TX | $3,138,331 | $2,866,170 |
Sa Youth San Antonio, TX | $2,712,910 | $2,327,387 |
Tulsa Dream Center Inc Tulsa, OK | $4,560,115 | $3,603,226 |
Fayetteville Youth Center Inc Fayetteville, AR | $12,297,154 | $2,561,088 |
Camp Summit Inc Dallas, TX | $14,161,470 | $2,314,142 |