Greenwood Ecological Reserve Inc
- Assets
- $26.1m
- Revenue
- $241.9k
- Investments
- $3.8m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 04/2015
- Data as of
- 11/2023
- EIN
- 47-2781074
Organization Overview
Greenwood Ecological Reserve Inc is located in Boston, MA. The organization was established in 2015. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood Ecological Reserve Inc 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 11/2023, Greenwood Ecological Reserve Inc generated $241.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $300.4k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION OF THE NATURAL ENVIRONMENT THROUGH MAINTAINING ECOLOGICALLY SIGNIFICANT LAND THAT PROVIDES A NATURAL LONGLEAF PINE HABITAT FOR THE BENEFIT OF NATIVE WILDLIFE AND PLANTS. THE FOUNDATION MAINTAINS AND PRESERVES APPROXIMATELY 4,010 ACREAGE LOCATED IN THE THOMASVILLE, GEORGIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Juras Director | 1 | $0 | |
William A Lowell Director | 1 | $0 | |
Reed Noss Director | 1 | $0 | |
Kevin Mcintyre Director | 1 | $0 | |
Randall Hand Wade Director | 1 | $0 | |
Emily V Wade Director, President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14,129 |
| Dividends & Interest | $80,826 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,824 |
| Capital Gain Net Income | $33,824 |
| Net ST Capital Gain | $11,501 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $113,150 |
| Total Revenue | $241,929 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $55,583 |
| Pension plans, employee benefits | $7,641 |
| Interest | $0 |
| Taxes | $29,450 |
| Depreciation | $0 |
| Occupancy | $8,551 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $128,018 |
| Total operating and administrative expenses | $300,441 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $300,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,121 |
| Savings and temporary cash investments | $94,648 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $21,942,145 |
| Other assets | $33,196 |
| Total assets | $26,089,684 |
| 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 | $2,146 |
| Total liabilities | $2,146 |