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Nonprofit · EIN 82-2155875

GENESIS COVERING MINISTRIES

Tax-exempt · SCHULENBURG, TX 78956

Financials

$550K$421K2023$534K$326K2024
Revenue Expenses · by fiscal year end
Financials of GENESIS COVERING MINISTRIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$534,426$326,480$207,946$702,990$0$702,990
December 31, 2023990$550,457$420,814$129,643$495,044$0$495,044
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$458,561
Investment income
$75,238
Net gain from sales of assets
$72,253
Other revenue
$627

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$150,530
Salaries, compensation and benefits (total)
$150,530
Professional fundraising fees
$0
Accounting fees
$1,051
Travel
$88,278
Program services (functional)
$326,480

Balance sheet and other

Total assets, start of year
$495,044
Total assets, end of year
$702,990
Total liabilities, end of year
$0
Net assets, end of year
$702,990
Land, buildings and equipment
$157,040
Gross receipts
$691,016
Employees
0
Volunteers
0
Year formed
2018
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
GF WATKINSPRESIDENT
Officer
40$0$150,530
FRANK MANZANO IIIDIRECTOR
Trustee or director
0$0$0
LESLIE PARKERDIRECTOR
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
FRANK MANZANO IIIDIRECTOR
Trustee or director
0$0
LESLIE PARKERDIRECTOR
Trustee or director
0$0
GF WATKINSPRESIDENT
Officer
40$0

Address and contacts

Address (IRS master file)
PO BOX 262, SCHULENBURG, TX 78956-0262
Principal officer (990 for 2024)
GF WATKINS, 1116 HAUPTSTRASSE, NEW BRAUNFELS, TX 78130
Signed the 990
GF WATKINS, PRESIDENT
Phone
(281) 932-2901
Return prepared by
JOHN W ROOD CPA AND ASSOCIATES

Mission

TO PROMOTE THE CHRISTIAN RELIGION BY ANY FORM OF EXPRESSION. WITHIN ANY AVAILABLE MEDIUM,AND IN ANYLOCATION, THROUGH GENESIS' COMBINED OR SEPARATE FORMATION OF CHURCH, MINISTRY, CHARITY, SCHOOL, OR ELEEMOSYNARY INSTITUTION, WITHOUT LIMITATION.

990 for the year ended December 31, 2024

Program accomplishments

  • GIFTING AND BENEVOLENCE TO OTHER MINISTRIES
  • OPERATIONAL SALARIES AND OTHER COMPENSATION
    Expenses $326,480 · revenue $534,426
  • TRAVELING COSTS RELATED TO PROMOTE GOD'S WORD THROUGH THE MINISTRY AND OTHER RELIGIOUS DOCTRINES
  • OTHER OPERATIONAL EXPENSES

What it must file and when

IRS records say it files Not required (church). Churches are not required to file. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-2155875
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Not required (church)
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$702,990
Income (IRS master file)
$691,016

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$534,426$326,480$702,990XML
990December 2023$550,457$420,814$495,044XML
990December 2022$453,862$350,097$365,401IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-2155875).

Questions about GENESIS COVERING MINISTRIES

What is the EIN of GENESIS COVERING MINISTRIES?
The employer identification number (EIN) of GENESIS COVERING MINISTRIES is 82-2155875.
Is GENESIS COVERING MINISTRIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to GENESIS COVERING MINISTRIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GENESIS COVERING MINISTRIES file?
Form Not required (church). Churches are not required to file.
When is the next return of GENESIS COVERING MINISTRIES due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GENESIS COVERING MINISTRIES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GENESIS COVERING MINISTRIES?
The 990 for the year ended December 31, 2024 names GF WATKINS.
Who are the officers and directors of GENESIS COVERING MINISTRIES?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does GENESIS COVERING MINISTRIES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $534,426, expenses of $326,480 and total assets of $702,990 at year end.

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