The Genesis 22-18 Foundation
- Assets
- $1.3m
- Revenue
- $187.2k
- Investments
- $987.9k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2017
- Data as of
- 12/2023
- EIN
- 81-4328801
Organization Overview
The Genesis 22-18 Foundation is located in Wilmington, DE. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesis 22-18 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 22-18 Foundation generated $187.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $67.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Genesis 22-18 Foundation has awarded 41 individual grants totaling $108,500. 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 |
|---|---|---|---|
Christine Alindada Dir, Sec, Treas | 1 | $0 | |
Yeshua Cross Dir, Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $107,115 |
| Interest on Savings | $283 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $79,796 |
| Total Revenue | $187,194 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,136 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,700 |
| Total operating and administrative expenses | $17,336 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $67,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,636 |
| 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 | $281,675 |
| Investments—mortgage loans | $624,998 |
| Investments—other | $362,950 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,295,259 |
| 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, The Genesis 22-18 Foundation has awarded $50,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CHRIST FOR ALL NATIONS PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
CHRISTS COMMISSION FELLOWSHIP USA PURPOSE: GENERAL & UNRESTRICTED | $40,000 |
COMPASSION INTERNATIONAL INCORPORATED PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
HEARTCRY MISSIONARY SOCIETY INCORPORATED PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
INTERNATIONAL FELLOWSHIP OF CHRISTIANS & JEWS PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
INTERNATIONAL JUSTICE MISSION PURPOSE: GENERAL & UNRESTRICTED | $1,000 |