Global Forest Generation Inc
- Assets
- $2.1m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 5
- Location
- North Hero, VT
- Founding
- 04/2019
- Data as of
- 06/2022
- EIN
- 83-1150620
Organization Overview
Global Forest Generation Inc is located in North Hero, VT. The organization was established in 2019. According to its NTEE Classification (C36) the organization is classified as: Forest Conservation, under the broad grouping of Environment and related organizations. As of 06/2022, Global Forest Generation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Forest Generation 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 06/2022, Global Forest Generation Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 66.4% each year . All expenses for the organization totaled $2.6m during the year ending 06/2022. While expenses have increased by 55.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GLOBAL FOREST GENERATION RESTORES AND PROTECTS FOREST ECOSYSTEMS IN PARTNERSHIP WITH GRASSROOTS LEADERS AND LOCAL COMMUNITIES ACROSS VAST LANDSCAPES WHICH PLAY A CRITICAL ROLE IN PRESERVING WATER, PROTECTING BIODIVERSITY, STORING CARBON, AND SUSTAINING LOCAL LIVELIHOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCION ANDINA IMPLEMENTATION: GFG'S FIRST MAJOR RESTORATION PROGRAM, ACCION ANDINA, IS EMPOWERING ITS LOCAL CONSERVATION PARTNERS IN LATIN AMERICA TO RESTORE HIGH ALTITUDE FOREST ECOSYSTEMS THAT SPAN SEVEN ANDEAN NATIONS. THE INITIATIVE AIMS TO PROTECT AND RESTORE ONE MILLION HECTARES OF THREATENED HIGH ANDEAN, POLYLEPIS FOREST ECOSYSTEMS IN ARGENTINA, BOLIVIA, CHILE, COLOMBIA, ECUADOR, PERU, AND VENEZUELA OVER 25 YEARS.
ACCION ANDINA ADMINISTRATION: GFG PROVIDES SIGNIFICANT CAPACITY BUILDING SERVICES TO ACCION ANDINA'S LEAD IMPLEMENTING PARTNER, PERUVIAN CONSERVATION NONPROFIT ECOAN, TO DEVELOP, ADMINISTER, AND GROW THE INITIATIVE. SERVICES PROVIDED INCLUDE HIGH LEVEL ANNUAL AND LONG-TERM CONSERVATION PLANNING; BUDGETING, METRICS AND PROJECT OVERSIGHT; IDENTIFYING POTENTIAL NEW PARTNERS; GLOBAL ACCION ANDINA REPRESENTATION AT MAJOR CLIMATE, FOREST CONSERVATION AND BIODIVERSITY CONFERENCES; CONTRACT AND SYSTEMS DEVELOPMENT AND SUPPORT; PARTNER LEADERSHIP TRAINING AND RESOURCES MANAGEMENT; SOLICITATION FOR ACCION ANDINA AND SIGNIFICANT INITIATIVE-WIDE COMMUNICATION SERVICES.
CONSERVATION: THIS PROGRAM IS THE INCUBATOR FOR DEVELOPING NATIVE FOREST CONSERVATION INITIATIVES IN NEW GEOGRAPHIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita Fenwick End 422 COO | Officer | 40 | $11,657 |
Leslie Danoff COO | OfficerTrustee | 40 | $0 |
George Fenwick End 422 President | OfficerTrustee | 25 | $0 |
Jim Brumm Chairman | OfficerTrustee | 5 | $0 |
Florent Kaiser CEO | Officer | 40 | $0 |
Shaun Paul Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,913,146 |
| Noncash contributions included in lines 1a–1f | $70,618 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,913,146 |
| Total Program Service Revenue | $0 |
| Investment income | $3,553 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,899 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,922,598 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,176,669 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,719 |
| Compensation of current officers, directors, key employees. | $44,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $189,025 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,651 |
| Payroll taxes | $14,984 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $159 |
| Fees for services: Accounting | $17,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,354 |
| Fees for services: Other | $16,280 |
| Advertising and promotion | $0 |
| Office expenses | $2,743 |
| Information technology | $12,847 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,409 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,589 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $381 |
| Insurance | $1,762 |
| All other expenses | $0 |
| Total functional expenses | $2,592,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,885 |
| Savings and temporary cash investments | $128,268 |
| Pledges and grants receivable | $1,439,400 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,262 |
| Net Land, buildings, and equipment | $5,508 |
| Investments—publicly traded securities | $414,559 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,117,882 |
| Accounts payable and accrued expenses | $9,457 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,457 |
| Net assets without donor restrictions | $422,127 |
| Net assets with donor restrictions | $1,686,298 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,117,882 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Global Forest Generation Inc has recieved totaling $1,245,374.
| Awarding Organization | Amount |
|---|---|
Crankstart Foundation San Francisco, CA PURPOSE: GENERAL SUPPORT | $500,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $330,250 |
Crankstart Foundation San Francisco, CA PURPOSE: GENERAL SUPPORT | $250,000 |
The Coca-Cola Foundation Inc Atlanta, GA PURPOSE: ACCION ANDINA: SCALING UP COMMUNITY MOUNTAIN FOREST RESTORATION FOR HIGH IMPACT WATER PROTECTION | $100,000 |
Emmons-Bradlee Foundation Boston, MA PURPOSE: GENERAL CHARITABLE PURPOSE | $50,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For The Protection Of New Hampshire Forests Concord, NH | $96,469,053 | $9,119,722 |
Rainforest Foundation Inc Brooklyn, NY | $5,978,799 | $7,119,175 |
New England Forestry Foundation Inc Littleton, MA | $48,152,955 | $4,485,673 |
Land Is Life Inc New York, NY | $3,253,393 | $2,854,140 |
Global Forest Generation Inc North Hero, VT | $2,117,882 | $3,922,598 |
Black Rock Forest Consortium Inc Cornwall, NY | $18,400,249 | $1,388,230 |
New Hampshire Timberland Owners Assoc Concord, NH | $289,452 | $545,377 |
North Woods Club Inc Albany, NY | $2,406,716 | $468,849 |
Brentland Woods Inc Rochester, NY | $2,809,509 | $458,784 |
Rensselaer Plateau Alliance Inc Averill Park, NY | $2,524,475 | $1,833,018 |
Ward W Woods Foundation New York, NY | $60,014 | $400,000 |
La Cruz Habitat Protection Project Dedham, MA | $49,429 | $356,894 |