Greenwood Project
- Assets
- $1.9m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 81-1990763
Organization Overview
Greenwood Project is located in Chicago, IL. The organization was established in 2017. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood Project 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 12/2021, Greenwood Project generated $2.2m in total revenue.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL FUNDRAISER
FACEBOOK FUNDRAISER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bevon Joseph President & CEO | 40 | $118,566 | |
Elois Joseph Vice President | 40 | $81,300 | |
Emily Holthaus Director | 40 | $59,328 | |
Mark Sebastian Treasurer | 2 | $0 | |
Kwesi Smith Chairman | 2 | $0 | |
David Merjan Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,223,966 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,223,966 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $259,193 |
| Other employee salaries and wages | $246,185 |
| Pension plans, employee benefits | $22,112 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $1,133 |
| Travel, conferences, and meetings | $25,239 |
| Printing and publications | $0 |
| Other expenses | $127,726 |
| Total operating and administrative expenses | $1,319,497 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,319,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,239 |
| Savings and temporary cash investments | $1,746,495 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $1,875,734 |
| Accounts payable and accrued expenses | $1,471 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $25,910 |
| Other liabilities | $0 |
| Total liabilities | $27,381 |
Grants Awarded
Over the last fiscal year, Greenwood Project has awarded $82,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: PROGRAM | $50,000 |
CME FOUNDATION PURPOSE: PROGRAM | $25,000 |
Chicago, IL PURPOSE: PROGRAM | $5,000 |
CHARLES SCHWAB FOINDATION PURPOSE: PROGRAM | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Greenwood Project has recieved totaling $127,147.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $50,000 |
Wellington Management Foundation Boston, MA PURPOSE: See Part IV | $25,000 |
Cme Group Foundation Chicago, IL PURPOSE: STRENGTHENING CAREER READINESS SKILLS | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $21,147 |
The Institute For Financial Markets Washington, DC PURPOSE: General Support | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midwest Senior Ministries Inc St Louis, MO | $12,712,163 | $13,139,984 |
Indiana Masonic Home Foundation Incorporated Indianapolis, IN | $99,812,829 | $12,316,628 |
Friends Of Flance Center St Louis, MO | $0 | $160,628 |
Catholic Charities Foundation St Louis, MO | $17,905,767 | $7,836,283 |
Lutheran Senior Services Endowment Fund St Louis, MO | $77,808,847 | $9,810,393 |
Jewish Home And Care Center Foundation Inc Milwaukee, WI | $195,682,199 | $22,064,054 |
Enterprise Zone Education And Training Center Corporation Evansville, IN | $4,249,617 | $5,412,109 |
Cradle Foundation Evanston, IL | $14,544,905 | $2,396,350 |
Damar Foundation Inc Indianapolis, IN | $59,448,355 | $4,890,477 |
Community Y Endowment Foundation Muscatine, IA | $0 | $293,511 |
Foundation For Lutheran Child And Family Services Indiana Inc Indianapolis, IN | $66,891,631 | $17,990,670 |
Alliance Against Assault And Abuse Kansas City, MO | $0 | $0 |