Public Charity

GENESIS DEVELOPMENT

GENESIS DEVELOPMENT is a Public Charity headquartered in DES MOINES, IA. Financial data from the 2023 filing: $2.7M revenue, $3K expenses. 7 publicly reported grants to this organization, totaling roughly $78K, appear in IRS filings.

EIN: 237363533 DES MOINES, IA General Support NTEE: DEFAULT Latest filing: 2023
Total Revenue$2.7M
Total Expenses$3K
Grant Records7
Funding Total$78K
Filing Years2018–2023

Mission

ORGANIZATION CEASED OPERATIONS AND FILED FOR BANKRUPTCY ON JUNE 11, 2021.

Sample Grants Received

2019
CAPITAL EXPENDITURES
$40,000
2019
GENERAL SUPPORT
$6,500
2019
GENERAL SUPPORT
$5,850

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

BANKRUPTCY TRUSTEE Donald F Neiman

Officer compensation and complete director data available with membership.

Top Grant Purposes

CAPITAL EXPENDITURES
$40,000 1 grant
GENERAL SUPPORT
$18,850 3 grants
EXPLORERS SUMMER CAMP
$7,000 1 grant
EXPLORERS SUMMER CAMP 2019
$7,000 1 grant
GRANT DISTRIBUTION FOR THE GEORGETOWN SCHOLARSHIP PROGRAM - CLASS OF '64 ENDOWMENT IN HONOR OF CHARLIE AND CHRIS DEACON
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2023 $2.7M $3K
2021 $-49K $1.7M $2.0M
2020 $7.4M $9.2M $4.1M
2019 $17.6M $19.9M $6.8M
2018 $17.9M $19.3M $9.0M

Between 2018 and 2023, reported annual revenue declined from $17.9M to $2.7M (-85%).

Interactive year-over-year charts and full filing details available with membership.

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