Kenosis Foundation
- Assets
- $4.0m
- Revenue
- $373.4k
- Investments
- $3.6m
- Employees
- 0
- Location
- Taylor, MS
- Founding
- 11/1998
- Data as of
- 12/2022
- EIN
- 64-0892836
Organization Overview
Kenosis Foundation is located in Taylor, MS. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kenosis Foundation 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 12/2022, Kenosis Foundation generated $373.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $378.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kenosis Foundation has awarded 56 individual grants totaling $980,722. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FELLOWSHIP OF CHRISTIAN ATHLETES
HERES LIFE AFRICA
OPERATION MOBILIZATION
COMPASSION MINISTRIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean B Carothers President | 10 | $3,000 | |
Sean B Carothers Secretary | 10 | $0 | |
Sean B Carothers Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $24,983 |
| Dividends & Interest | $62,233 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,169 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $373,385 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,600 |
| Total operating and administrative expenses | $10,129 |
| Contributions, gifts, grants paid | $368,817 |
| Total expenses and disbursements | $378,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $431,942 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,162,479 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,037,845 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kenosis Foundation has awarded $368,817 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
PRISON FELLOWSHIP INTERNATIONAL PURPOSE: OPERATIONS | $25,000 |
THE HARVEST CENTER OF CHARLOTTE PURPOSE: OPERATIONS | $21,600 |
KINDNESS FARMS PURPOSE: OPERATIONS | $6,500 |
MISSIONS TO THE WORLD PURPOSE: OPERATIONS | $2,400 |
SNOWMASS CHAPEL PURPOSE: OPERATIONS | $9,000 |
CAMPUS CRUSADE FOR CHRIST PURPOSE: OPERATIONS | $6,000 |