Genesis Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 70,551 | 56,628 | 13,923 | 3.0 | — |
| 2011 | 189,683 | 201,881 | −12,198 | 0.1 | — |
| 2012 | 405,015 | 388,500 | 16,515 | 0.6 | 9% |
| 2013 | 372,749 | 374,510 | −1,761 | 0.5 | 11% |
| 2014 | 325,805 | 335,437 | −9,632 | 0.3 | 13% |
| 2015 | 380,521 | 352,628 | 27,893 | 1.2 | 12% |
| 2016 | 293,770 | 290,014 | 3,756 | 1.6 | 14% |
| 2017 | 294,944 | 294,097 | 847 | 1.6 | 17% |
| 2018 | 354,839 | 376,228 | −21,389 | 0.3 | 17% |
| 2019 | 372,064 | 364,716 | 7,348 | 0.5 | 38% |
| 2020 | 359,903 | 336,913 | 22,990 | 1.4 | 35% |
| 2021 | 412,796 | 411,225 | 1,571 | 1.2 | 33% |
| 2022 | 504,799 | 499,122 | 5,677 | 1.1 | 34% |
| 2023 | 687,940 | 693,373 | −5,433 | 0.5 | 26% |
In its most recent public year (2023), this organization spent $5,433 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 3 in 2010. Staff pay was 26% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Genesis Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works