Grey2k Usa Worldwide Inc
- Assets
- $889.2k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Arlington, MA
- Founding
- 08/2001
- Data as of
- 12/2021
- EIN
- 04-3554776
Organization Overview
Grey2k Usa Worldwide Inc is located in Arlington, MA. The organization was established in 2001. According to its NTEE Classification (D01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Animal-Related and related organizations. As of 12/2021, Grey2k USA Worldwide Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grey2k USA Worldwide Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Grey2k USA Worldwide Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $915.6k during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GREY2K USA WORLDWIDE, INC. WORKS TO PASS STRONGER GREYHOUND PROTECTION LAWS AND TO END THE CRUELTY OF DOG RACING THROUGH THE LEGISLATIVE PROCESS. THE ORGANIZATION ALSO PROMOTES THE RESCUE AND ADOPTION OF EX-RACING GREYHOUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREY2K USA WORLDWIDE, INC. WORKS TO PASS STRONGER GREYHOUND PROTECTION LAWS AND TO END THE CRUELTY OF DOG RACING THROUGH THE LEGISLATIVE PROCESS. THE ORGANIZATION ALSO PROMOTES THE RESCUE AND ADOPTION OF EX-RACING GREYHOUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine A Dorchak President | Officer | 60 | $66,544 |
Sherry Mangold Treasurer | Officer | 10 | $0 |
Eric Jackson Vice President | Officer | 2 | $0 |
Fred Barton Secretary/clerk | Officer | 10 | $0 |
Charmaine Settle Director | Trustee | 2 | $0 |
Jeroen Van Kernebeek Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $34,589 |
| All other contributions, gifts, grants, and similar amounts not included above | $974,674 |
| Noncash contributions included in lines 1a–1f | $99,045 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,009,263 |
| Total Program Service Revenue | $0 |
| Investment income | $4,214 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,590 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,017,067 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,459 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $17,441 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $133,088 |
| Compensation of current officers, directors, key employees. | $3,327 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,712 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,417 |
| Payroll taxes | $23,362 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,635 |
| Fees for services: Lobbying | $146,336 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,535 |
| Fees for services: Other | $1,078 |
| Advertising and promotion | $0 |
| Office expenses | $22,736 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,170 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $121 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $601 |
| Insurance | $1,437 |
| All other expenses | $58,176 |
| Total functional expenses | $915,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,094 |
| Savings and temporary cash investments | $382,283 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,229 |
| Investments—publicly traded securities | $378,990 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,554 |
| Total assets | $889,150 |
| Accounts payable and accrued expenses | $35,168 |
| 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 | $35,168 |
| Net assets without donor restrictions | $853,982 |
| Net assets with donor restrictions | $0 |
| 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 | $889,150 |
Grants Awarded
Over the last fiscal year, Grey2k Usa Worldwide Inc has awarded $63,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Longwood, FL PURPOSE: Sponsor dogs from closing FL tracks | $7,500 |
Longwood, FL PURPOSE: Sponsor dogs from closing FL tracks | $7,500 |
Longwood, FL PURPOSE: Sponsor dogs from closing FL tracks | $7,500 |
Detroit, MI PURPOSE: Assist with building kennel space | $7,500 |
Detroit, MI PURPOSE: Assist with building kennel space | $7,500 |
Detroit, MI PURPOSE: Assist with building kennel space | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Grey2k Usa Worldwide Inc has recieved totaling $1,100.
| Awarding Organization | Amount |
|---|---|
Bradford Fam Foundation St Louis, MO PURPOSE: GENERAL OPERATING FUND | $1,000 |
Seckinger Foundation Corporation Miami, FL PURPOSE: ANIMAL RESCUE | $50 |
Duncans And Tuquis Legacy Organization Inc Brooklyn, NY PURPOSE: BENEFIT OF ANIMALS | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grey2k Usa Worldwide Inc Arlington, MA | $889,150 | $1,017,067 |
RI Companion Animal Alliance dba Pets in Need Veterinary Clinic Riverside, RI | $0 | $356,079 |
Farm Animal Reform Movement Inc Ithaca, NY | $2,902,828 | $515,775 |
Wildlife In Crisis Inc Weston, CT | $3,330,898 | $354,244 |
Connecticut Votes For Animals Inc Kensington, CT | $96,510 | $0 |
Foster Dogs Incorporated Brooklyn, NY | $10,284 | $0 |
Brass City Rescue Alliance Inc Plainville, CT | $72,545 | $0 |
Against All Odds Animal Alliance Darien Center, NY | $653,848 | $78,190 |
Horseracing Wrongs Inc Albany, NY | $104,159 | $0 |
New York State Horse Council Inc Harpursville, NY | $127,576 | $0 |
New York State Animal Protection Federation Inc Albany, NY | $69,389 | $0 |
New Hampshire Wildlife Federation Concord, NH | $83,439 | $0 |