Trilogy Genesis INC FY2020 filing

Tax-deductible

Fort Worth, TX501(c)(3)ReligionEIN 73-1011191Revenue $679K in FY2020

On file with the IRStbn.org13600 Heritage Pkwy Ste 200, 76177-4320 · Fort Worth, TXTax-exempt since Jan 1978Publicly supported charity — 170(b)(1)(A)(vi)

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To spread the gospel of jesus christ to the world

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $86K a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$679K
Spent
$1.2M
To programs
99%
Net assets
$987K
By yearFY2020–FY2024
Revenue
$679K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$679K
FY2021$2.9M
FY2022$911K
FY2023$927K
FY2024$784K
Expenses
$1.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$377K
FY2022$1.3M
FY2023$1.9M
FY2024$931K
Net assets
$987K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$987K
FY2021$3.5M
FY2022$3.1M
FY2023$3.0M
FY2024$2.8M

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $1.2M Management & general 1% · $8K Fundraising 0% · $441

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
Pres/Chairman/Director
$0Pt VII · Sec A
Vice-Pres/Co-Chairman/Dire
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer/CFO
$0Pt VII · Sec A
Captain, Aircraft Manager
$0Pt VII · Sec A
Digital Platforms Manager
$0Pt VII · Sec A
$0Pt VII · Sec A
See Trilogy Genesis INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Spreading Jesus Christ's gospel globally to share His teachings.

Questions for Trilogy Genesis INC

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Provided by the organization

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1 program · $1.2M · in their own filed words · FY2020
01

Trilogy genesis, inc. Is a church whose primary purpose is to spread the gospel of jesus christ to the world through traditional and nontraditional broadcasting methods. Its activities are exclusively and solely religious in nature. Trilogy genesis, inc. Is a 501(c)(3) corporation.

$1.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $3.8M · 2020–2024

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$679K
Ln 12
Fees for servicesLn 2g$569K
Gifts and grantsLn 1h$428K
Investment incomeLn 3$52K
Money outPt IX
$1.2M
Ln 25
Programscol B$1.2M
Managementcol C$8K
Fundraisingcol D$441
Owns and owesPt X
$987K
net assets · Ln 32
Total assetsLn 16$987K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$428K
Fees for servicesLn 2g$569K
Investment incomeLn 3$52K
Gains on assetsLn 7−$370K
Total revenueLn 12$679K
Assets in detailPt X, end of year
Land, buildings, equipmentLn 10c$387K
Total assetsLn 16$987K
LiabilitiesLn 26$0
Net assetsLn 32$987K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Land, buildings, equipmentLn 10c$816K$387K
Total assetsLn 16$1.5M$987K
LiabilitiesLn 26$0$0
Net assetsLn 32$1.5M$987K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$914K$914K
Other salaries and wagesLn 7$66K$66K$148
Other employee benefitsLn 9$24K$24K$17
Payroll taxesLn 10$5K$5K$7
Other fees for servicesLn 11g$12K$12K$29
Office expensesLn 13$20K$20K$158$441
OccupancyLn 16$73K$73K$267
TravelLn 17$9K$2K$7K
Depreciation, depletion and amortizationLn 22$79K$79K
InsuranceLn 23$49$37$12
Other expenses (24a–d)Ln 24$6K$6K$2
Total functional expensesLn 25$1.2M$1.2M$8K$441

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $784K$931K−$147K$2.8M 990 PDF
FY2023 $927K$1.9M−$1.0M$3.0M 990 PDF
FY2022 $911K$1.3M−$386K$3.1M 990 PDF
FY2021 $2.9M$377K$2.5M$3.5M 990 PDF
FY2020 Viewing $679K$1.2M−$529K$987K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $679,337 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $430,410$427,771
I-9 Program service revenuePrior year $746,676$569,117
I-10 Investment incomePrior year $146,539−$317,551
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,323,625$679,337
I-13 Grants and similar amounts paidPrior year $1,179,049$914,029
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $70,662$95,265
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $375,609$198,957
I-18 Total expensesPrior year $1,625,320$1,208,251
I-19 Revenue less expensesPrior year −$301,695−$528,914
Part VI · Governance 0 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $679,337 across 6 lines filed
VIII-1f All other contributions, gifts and grants$427,771
VIII-1h Total contributions, gifts and grants$427,771
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $569,117$569,117
VIII-3 Investment incomeExcluded from tax $52,490$52,490
VIII-7 Net gain or loss on sales of assetsRelated to mission −$370,041−$370,041
VIII-12 Total revenueRelated to mission $199,076 · Unrelated business $0 · Excluded from tax $52,490$679,337
Part IX · Statement of functional expenses $1,208,251 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $914,029$914,029
IX-7 Other salaries and wagesPrograms $66,218 · Management $148$66,366
IX-9 Other employee benefitsPrograms $24,086 · Management $17$24,103
IX-10 Payroll taxesPrograms $4,789 · Management $7$4,796
IX-11g Other fees for servicesPrograms $11,647 · Management $29$11,676
IX-13 Office expensesPrograms $19,656 · Management $158 · Fundraising $441$20,255
IX-16 OccupancyPrograms $72,595 · Management $267$72,862
IX-17 TravelPrograms $2,163 · Management $6,925$9,088
IX-22 Depreciation, depletion and amortizationPrograms $78,777$78,777
IX-23 InsurancePrograms $37 · Management $12$49
IX-24 Other expenses (24a–d)Programs $6,248 · Management $2$6,250
IX-25 Total functional expensesPrograms $1,200,245 · Management $7,565 · Fundraising $441$1,208,251
Part X · Balance sheet $986,618 assets, 8 lines filed
X-4 Accounts receivableStart of year $700,000$600,000
X-10c Land, buildings and equipment, netStart of year $815,532$386,618
X-16 Total assetsStart of year $1,515,532$986,618
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $1,482,627$953,121
X-28 Net assets with donor restrictionsStart of year $32,905$33,497
X-32 Total net assets or fund balancesStart of year $1,515,532$986,618
X-33 Total liabilities and net assetsStart of year $1,515,532$986,618
Part XI · Reconciliation of net assets $986,618 net assets at year end
XI-1 Total revenue$679,337
XI-2 Total expenses$1,208,251
XI-3 Revenue less expenses−$528,914
XI-4 Net assets at start of year$1,515,532
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$986,618

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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