Genesis Foundation
- Assets
- $4.1m
- Revenue
- $108.4k
- Investments
- $3.9m
- Employees
- 0
- Location
- Lone Tree, CO
- Founding
- 10/1999
- Data as of
- 12/2023
- EIN
- 84-1481478
Organization Overview
Genesis Foundation is located in Lone Tree, CO. The organization was established in 1999. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesis 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 12/2023, Genesis Foundation generated $108.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $247.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Genesis Foundation has awarded 116 individual grants totaling $1,817,142. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael L Iiams President | 0.5 | $0 | |
Nancy Iiams Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $77,623 |
| Dividends & Interest | $49,727 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$18,958 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $18,837 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $108,392 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $155 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $81 |
| Total operating and administrative expenses | $47,106 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $247,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,333 |
| Savings and temporary cash investments | $26,379 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,777 |
| Total assets | $4,077,642 |
| 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, Genesis Foundation has awarded $200,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
NOURISH MEALS ON WHEELS PURPOSE: GENERAL | $10,000 |
SOUTHERN IOWA MENTAL HEALTH PURPOSE: GENERAL | $5,000 |
A HEINZ57 DOG SHELTER PURPOSE: GENERAL | $5,000 |
DENVER RESCUE MISSION PURPOSE: GENERAL | $20,000 |
COLORADO PUBLIC RADIO PURPOSE: GENERAL | $10,000 |
DENICE DALLNER MEMORIAL SCHOLARSHIP PURPOSE: GENERAL | $5,000 |