New Genesis Foundation is located in Knoxville, TN. The organization was established in 1999. 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 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 12/2022, New Genesis Foundation generated $101.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $95.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Kluemper President | 5 | $0 | |
Luke Loveday Treasurer | 4 | $0 | |
Stephen Carpenter Secretary | 4 | $0 | |
Sid Kemp Board Member | 5 | $6,760 | |
Shannon Kemp Board Member | 5 | $0 | |
Carolyn Gentry Board Member | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,443 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $193 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,442 |
| Other Revenue | $0 |
| Total Revenue | $101,078 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,868 |
| Professional fees and other payments to independent contractors | $2,850 |
| Occupancy, rent, utilities, and maintenance | $1,170 |
| Printing, publications, postage, and shipping | $224 |
| Other expenses | $82,939 |
| Total expenses | $95,051 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,175 |
| Other assets | $0 |
| Total assets | $150,175 |
| Total liabilities | $5,408 |
| Net assets or fund balances | $144,767 |