Genesis Foundation
- Assets
- $4.5m
- Revenue
- $3.5m
- Investments
- $3.9m
- Employees
- 0
- Location
- Lone Tree, CO
- Founding
- 10/1999
- Data as of
- 12/2021
- 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 12/2021, Genesis Foundation generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 57.9% each year . All expenses for the organization totaled $338.7k during the year ending 12/2021. While expenses have increased by 12.9% 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.
Since 2015, Genesis Foundation has awarded 95 individual grants totaling $1,419,642. 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 | $0 | |
Nancy Iiams Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,014 |
| Dividends & Interest | $27,410 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,437,404 |
| Capital Gain Net Income | $3,437,404 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,468,828 |
| 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 | $125 |
| Total operating and administrative expenses | $43,655 |
| Contributions, gifts, grants paid | $295,000 |
| Total expenses and disbursements | $338,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,551 |
| Savings and temporary cash investments | $565,158 |
| 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 | $4 |
| Total assets | $4,464,872 |
| 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 $295,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
LUTHERAN FAMILY SERVICES PURPOSE: SENIOR OUTREACH AND BIRTH PARENT/ADOPTION | $60,000 |
PROJECT SANCTUARY PURPOSE: GENERAL FUND | $30,000 |
NADCP PURPOSE: GENERAL | $25,000 |
DENVER RESCUE MISSION PURPOSE: GENERAL | $25,000 |
NOURISH MEALS ON WHEELS PURPOSE: GENERAL | $25,000 |
GBSCIDP FOUNDATION PURPOSE: GENERAL FUND | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Raise The Future Denver, CO | $4,806,525 | $8,718,746 |
Aid To Adoption Of Special Kids Phoenix, AZ | $31,815,568 | $10,870,362 |
Nebraska Childrens Home Society Inc Omaha, NE | $6,505,472 | $7,565,331 |
Building Arizona Families Surprise, AZ | $911,088 | $3,212,292 |
Adoption Choices Inc Golden, CO | $911,757 | $3,045,554 |
Heart To Heart Adoptions Sandy, UT | $703,351 | $2,645,951 |
Americas Kids Belong Inc Loveland, CO | $1,957,551 | $2,955,198 |
Ccai Centennial, CO | $38,396,674 | $4,501,466 |
Agape Adoption Agency Of Arizona Inc Phoenix, AZ | $602,159 | $1,471,973 |
Adoption Options Denver, CO | $674,437 | $1,727,337 |
Dillon International Inc Tulsa, OK | $738,849 | $1,457,400 |
A Childs Hope Foundation Orem, UT | $1,030,279 | $1,776,324 |