New Geneva Inc
- Assets
- $283.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Colorado Springs, CO
- Founding
- 06/1998
- Data as of
- 06/2022
- EIN
- 84-1449678
Organization Overview
New Geneva Inc, operating under the name New Geneva Theological Seminar, is located in Colorado Springs, CO. The organization was established in 1998. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. New Geneva Theological Seminar 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 06/2022, New Geneva Theological Seminar generated $118.4k 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 (8.5%) each year. All expenses for the organization totaled $157.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.0%) 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
2022
Describe the Organization's Program Activity:
Part 3
TO BE A TRANSFORMATIONAL, LIFE-CHANGING, EDUCATIONAL MINISTRY, BASED UPON THE TRUTH OF GOD'S WORD AND FOR HIS GLORY ALONE, REACHING AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas W Kittredge Director | 1 | $4,500 | |
Dominic Aquila President | 20 | $0 | |
Joshua Berg Director | 1 | $0 | |
Ted Schieffelin Secretary / Treasurer | 1 | $0 | |
William Mueller Director | 1 | $0 | |
Paul Sagan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,701 |
| Total Program Service Revenue | $36,580 |
| Membership dues | $0 |
| Investment income | $148 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,429 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $670 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $156,505 |
| Total expenses | $157,175 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,680 |
| Other assets | $0 |
| Total assets | $283,631 |
| Total liabilities | $245,263 |
| Net assets or fund balances | $38,368 |
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