Genesis One Foundation FY2020 filing

EIN 20-1650135 Private foundation / grantmaker Castle Rock, CO NTEE T20
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Revenue & expenses by yearFY2020–FY2025
Revenue
$92K
FY2020
Expenses
$21K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


A private foundation based in Castle Rock, CO. For fiscal year 2020 it reported $92K in revenue, $21K in expenses, and $409K in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Castle Rock, CO
Filings
6 on file (2020–2020)
Revenue
$92KFY2020
Expenses
$21K
Net assets
$409K
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Provided by the organization

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Size
<$100K
What they do
A private foundation based in Castle Rock, CO.
Money in and out
$92K revenue, $21K expenses
Bottom line
—

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Yes — filed FY2025

Most recent Form 990 on file is for fiscal year 2025 (1 year ago). See detail →

Is it receiving grants from reputable foundations?

NEUTRAL

No foundation grants on file

No Schedule I/Schedule R grants from other foundations are on file for this EIN. See detail →

How is the money spent?

NEUTRAL

Not on file

Program vs. overhead split is not on file for this EIN's most recent filing. See detail →

What's its financial size and trend?

NEUTRAL

<$100K

Revenue band <$100K. Not enough years on file for a trend. See detail →

Grants paid & assets · FY2020
Total revenue
$92K
Pt VIII · Ln 12
Total expenses
$21K
Pt IX · Ln 25
Net assets
$409K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $71K
Total assets
409K
deployed as grants and operations
Grants paid
21K
in FY2020
Grants made
14grants
total in period
Payout rate
5%
of assets (5% rule)

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Who They Fund

Part XV · grants paid · 14 grants · $146K · 2025–2025
Colorado University FoundationFY2025$50,000
Impact FoundationFY2025$41,000
Plant with PurposeFY2025$10,000
National Christian FoundationFY2025$10,000
Asone MinistriesSD · FY2025$6,000
Remnant GenerationFY2025$5,000
SinapisFY2025$5,000
MusanaFY2025$5,000
Denver Center for Faith and WorksFY2025$5,000
Rose Women S FoundationMD · FY2025$4,000
Well SpringFY2025$2,000
Young LifeCO · FY2025$1,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV5
Average grantPart XV$10K
Median grantPart XV$5K
Largest grantPart XV$50K
Top cause focusNTEEReligion (14%)

Summary of the Filing

Part I · fiscal year 2020 · Form 990-PF
Total assets
$409K
FY2020
Total liabilities
$0
FY2020
Total assetsPt II$409K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CGenesis One Foundation
EINHdr · item D20-1650135
Principal addressHdr · item CCastle Rock, CO
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFAug 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See Genesis One Foundation executive salaries →

Statement of Revenue

Part VIII
Contributions & grants$75K · 82%
Investment income$17K · 18%
Contributions & grants82%$75K
Investment income18%$17K
Total revenueLn 12$92K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.97 Operating & administrative $0.03
Grants & contributions paid97%$21K
Operating & administrative3%$731
Total functional expensesLn 25$21K

Balance Sheet

Part X · end of year
CashLn 1$14K
Total assetsLn 16$409K
Total liabilitiesLn 26$0
Total net assetsLn 32$409K
Months of cash on handcomputed8.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $409K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $92K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $92K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $92K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $409K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $92K · Expenses $21K
+77%
Liabilities-to-Assets
Total liabilities — · Total assets $409K
—
Net-asset ratio
Net assets $409K · Total assets $409K
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $21K
No individual compensation reported on this filing
Personnel share
not reported

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown. Peer cohort: .

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$83K revenue · ⤓ 990 PDF
FY2024$637K revenue · ⤓ 990 PDF
FY2023$1.5M revenue · ⤓ 990 PDF
FY2022$231K revenue · ⤓ 990 PDF
FY2021$478K revenue · ⤓ 990 PDF
FY2020$92K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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