Old Greenwood Foundation
- Assets
- $1.5m
- Revenue
- $230.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Truckee, CA
- Founding
- 05/2005
- Data as of
- 12/2022
- EIN
- 20-0340022
Organization Overview
Old Greenwood Foundation is located in Truckee, CA. The organization was established in 2005. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Greenwood Foundation 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 12/2022, Old Greenwood Foundation generated $230.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $78.7k during the year ending 12/2022. While expenses have increased by 7.9% per year over the past 8 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
CIVIC BETTERMENT AND SOCIAL IMPROVEMENTS TO PROMOTE THE COMMON GOOD AND GENERAL WELFARE OF THE PEOPLE OF OLD GREENWOOD COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSIST FUNDING OF REGIONAL PUBLIC TRANSPORTATION WHICH IS AVAILABLE FOR RESIDENTS AND VISITORS TO THE COMMUNITY TO HELP REDUCE VEHICULAR TRAFFIC DURING WINTER SEASON.
COMMUNITY SUPPORT OF LOCAL GOLF TOURNAMENT HELD WITHIN THE COMMUNITY AND BENEFITTING LOCAL CHARITY
SUPPORT FOR EDUCATION AND COMMUNIT ENRICHMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Morgan Director | Trustee | 0 | $0 |
Isabel Domeyko Taylor Director | Trustee | 0 | $0 |
Jeff Brown Director | Trustee | 0 | $0 |
Shelby Jones Treasurer | Officer | 0 | $0 |
John Jewett President | Officer | 0 | $0 |
Jasmine Watts Secretary | Officer | 0 | $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 | $207,381 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,381 |
| Total Program Service Revenue | $0 |
| Investment income | $23,483 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $230,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $68,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $78,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,478,588 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,711 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,507,299 |
| Accounts payable and accrued expenses | $6,180 |
| 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 | $6,180 |
| Net assets without donor restrictions | $0 |
| 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 | $1,501,119 |
| Total liabilities and net assets/fund balances | $1,507,299 |
Grants Awarded
Over the last fiscal year, Old Greenwood Foundation has awarded $65,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
OLD GREENWOOD MASTER ASSOC PURPOSE: COMMUNITY SUPPORT | $30,000 |
TAHOE MOUNTAIN CLUB PURPOSE: COMMUNITY SUPPORT | $25,000 |
TRUCKEE ROUNDHOUSE PURPOSE: COMMUNITY SUPPORT | $10,000 |