Greenhouse Scholars is located in Boulder, CO. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Greenhouse Scholars employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenhouse Scholars 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, Greenhouse Scholars generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 10.9% 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
TO CREATE A COMMUNITY OF LEADERS WHO WILL EVOLVE THE COMMUNITIES OF THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT (26%): THERE ARE TWO AVENUES FOR SCHOLARS TO RECEIVE FINANCIAL SUPPORT: 1) FLEX FUNDING: SCHOLARS SUBMIT PROPOSALS TO PURSUE STUDY ABROAD, THESIS RESEARCH, LIVING COSTS DURING SUMMER INTERNSHIPS, VOLUNTEER SERVICE PROGRAMS, SUPPLEMENTAL COURSEWORK, GRADUATE SCHOOL TEST PREPARATION, AND MORE. THESE OPPORTUNITIES ARE FUNDAMENTAL TO THE FULL COLLEGE EXPERIENCE, BUT THEY ARE ADDITIONAL TO THE COST OF TUITION AND OFTEN NOT FEASIBLE FOR LOWINCOME STUDENTS. THIS HIGHLY CUSTOMIZED RESOURCE ENCOURAGES SCHOLARS' LEADERSHIP POTENTIAL, COMMUNITY INVOLVEMENT, PROFESSIONAL DEVELOPMENT, AND RELENTLESS SPIRIT. GRANTS ARE MADE IN AMOUNTS UP TO 2,000 PER PROJECT AND ARE REVIEWED ON A COMPETITIVE BASIS THROUGHOUT THE YEAR. 2) TUITION SCHOLARSHIP: EACH GREENHOUSE SCHOLAR RECEIVES UP TO 5,000 PER ACADEMIC YEAR, BASED ON THEIR FEDERAL APPLICATION FOR STUDENT AID (FAFSA), FINANCIAL AID AWARD PACKAGE, OUTSIDE SCHOLARSHIPS, AND UNIVERSITY COST OF ATTENDANCE.SCHOLARS MUST MEET PROGRAM ACCOUNTABILITY REQUIREMENTS TO QUALIFY, AND PAYMENT IS MADE DIRECTLY TO THE UNIVERSITY.
SUMMER SYMPOSIUM (10%): THE SUMMER SYMPOSIUM IS GREENHOUSE SCHOLARS' MOST IMPORTANT ANNUAL PROGRAM EVENT. IT BRINGS ALL THE SCHOLARS TOGETHER FOR WORKSHOPS, SPEAKERS, PANEL DISCUSSIONS, AND GROUP PROJECTS. THIS ANNUAL, FOUR-DAY CONFERENCE ALLOWS SCHOLARS TO INTERACT WITH ONE ANOTHER AND WITH RENOWNED PROFESSIONAL AND ACADEMIC LEADERS FROM ALL OVER THE WORLD. THE HIGHLY PARTICIPATORY EVENT FOCUSES ON VALUES-BASED LEADERSHIP TRAINING.
IMPACT (9%): A STRATEGIC FRAMEWORK TO ENABLE EACH SCHOLAR TO ELEVATE THEIR IMPACT AND TAKE ACTION, BOTH INDIVIDUALLY AND AS A GROUP, TO POSITIVELY CHANGE AND INSPIRE YOUNGER GENERATIONS OF STUDENTS FROM LOW-INCOME COMMUNITIES. IMPACT CONSISTS OF 3 DIFFERENT APPROACHES: 1) INDIVIDUAL IMPACT PLANS, 2) COMMUNITY IMPACT INITIATIVES, AND 3) PRESENTATIONS AT LOW-INCOME MIDDLE AND HIGH SCHOOLS.
MENTORSHIP: THIS PROGRAM PROVIDES GREENHOUSE SCHOLARS ONE-ON-ONE ENCOURAGEMENT AND GUIDANCE, INSPIRING THEM TO ACHIEVE MORE THAN THEY COULD ALONE. MENTORS SHARE THEIR OWN PERSONAL EXPERIENCES FROM COLLEGE, CAREER, AND LIFE. THEY ARE A KEY SOURCE OF KNOWLEDGE AND EXPERIENCE FOR THE SCHOLARS. SKILLS MODULES: THE BROAD RANGE OF OUR COMMUNITY'S EXPERTISE IS SHARED WITH OUR SCHOLARS THROUGH TARGETED, MODULAR ONLINE CONTENT TO HELP DEVELOP PERSONAL AND PROFESSIONAL SKILLS. SCHOLARS CAN ACCESS SKILLS MODULES AT THEIR DISCRETION AT ANY POINT DURING THEIR TIME IN THE PROGRAM, TRACK THEIR PROGRESS, MAKE NOTES, AND COMPLETE QUIZZES AND ASSESSMENTS TO SHARPEN THEIR SKILLS AND KNOWLEDGE. INTERNSHIP: SCHOLARS ARE REQUIRED TO COMPLETE AT LEAST ONE INTERNSHIP OF 200+ HOURS BEFORE THE BEGINNING OF THEIR SENIOR YEAR; OFTEN IT IS THEIR FIRST FORAY INTO THE PROFESSIONAL ARENA. THE ORGANIZATION COLLABORATES WITH PROFESSIONAL CONTACTS AND CORPORATE PARTNERS TO ASSIST SCHOLARS IN FINDING, APPLYING FOR, AND MAKING THE MOST OF THEIR INTERNSHIP EXPERIENCES. PROFESSIONAL NETWORKING: SCHOLARS HAVE ACCESS TO SUCCESSFUL ROLE MODELS AND LEADERS WITHIN THE GREENHOUSE SCHOLARS COMMUNITY WHO VOLUNTEER TO MEET ONE-ON-ONE, BROADENING SCHOLARS' NETWORKS AND CONNECTIONS. THIS DIVERSE NETWORK MOTIVATES SCHOLARS TO THINK STRATEGICALLY ABOUT THEIR DIRECTION AND IMPACT AND PROVIDES ESSENTIAL INSIGHTS AND CONNECTIONS INTO THE PROFESSIONAL WORLD. HIGH SCHOOL OUTREACH: GREENHOUSE SCHOLARS BUILDS PARTNERSHIPS AND RELATIONSHIPS WITH COUNSELORS, PRINCIPALS AND ADMINISTRATORS IN LOW-INCOME HIGH SCHOOLS AND WITH NONPROFIT ORGANIZATIONS SERVING UNDERRESOURCED STUDENTS. THROUGH IN-PERSON VISITS, MAILINGS, AND POSTINGS ON ONLINE DATABASES, THE ORGANIZATION INFORMS STUDENTS ABOUT GREENHOUSE SCHOLARS AND ABOUT COLLEGE AND SCHOLARSHIPS MORE BROADLY. STUDENTS SUBMIT APPLICATIONS, VIDEOS, FINANCIAL INFORMATION, AND COMPLETE PANEL INTERVIEWS AS PART OF A NEW SCHOLAR SELECTION PROCESS THAT INVOLVES 350+ VOLUNTEERS OVER 8 MONTHS. ALUMNI PROGRAM: THE GREENHOUSE SCHOLARS' ALUMNI PROGRAM WILL BE FOUNDED ON THE PRINCIPLE OF ACCOUNTABILITY. WE ARE ACCOUNTABLE FOR PROVIDING VALUE, GUIDANCE, AND LEADERSHIP SKILLS TO THE ALUMNI PARTICIPATING IN OUR PROGRAM. OUR ALUMNI, IN TURN, WILL BE ACCOUNTABLE TO LEVERAGE THE KNOWLEDGE AND RESOURCES THEY ACCESS TO CATALYZE CHANGE IN UNDER-RESOURCED COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andra Pool Crco | Officer | 60 | $138,264 |
Jessica Hogan COO (outgoin | Officer | 60 | $107,238 |
Peter M Burridge Pres. & CEO | OfficerTrustee | 16 | $59,167 |
Lane Hornug Director | Trustee | 1 | $0 |
Richard Tharp Director | Trustee | 1 | $0 |
Fred Paulman Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $178,300 |
All other contributions, gifts, grants, and similar amounts not included above | $3,609,772 |
Noncash contributions included in lines 1a–1f | $4,425 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,788,072 |
Total Program Service Revenue | $0 |
Investment income | $2,387 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,150 |
Net Income from Fundraising Events | -$98,859 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,692,750 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $433,649 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $315,359 |
Compensation of current officers, directors, key employees. | $19,214 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $711,474 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $65,976 |
Payroll taxes | $89,290 |
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 | $12,670 |
Advertising and promotion | $77,011 |
Office expenses | $47,975 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $173,681 |
Travel | $3,845 |
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 | $14,729 |
Insurance | $5,353 |
All other expenses | $11,381 |
Total functional expenses | $2,322,489 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $592,200 |
Savings and temporary cash investments | $1,682,886 |
Pledges and grants receivable | $34,395 |
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 | $56,189 |
Investments—publicly traded securities | $885,457 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $20,181 |
Total assets | $3,271,308 |
Accounts payable and accrued expenses | $5,269 |
Grants payable | $0 |
Deferred revenue | $97,114 |
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 | $102,383 |
Net assets without donor restrictions | $2,254,976 |
Net assets with donor restrictions | $913,949 |
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 | $3,271,308 |
Over the last fiscal year, we have identified 5 grants that Greenhouse Scholars has recieved totaling $18,450.
Awarding Organization | Amount |
---|---|
Aec Trust Wilmington, DE PURPOSE: THE WHOLE PERSON COLLEGE PROGRAM: CULTIVATING EXTRAORDINARY LEADERS TO CHANGE LOW-INCOME FAMILIES AND COMMUNITIES IN COLORADO AND GEORGIA | $10,000 |
William And Lisa Mcgahan Family Foundation Inc Dorado, PR PURPOSE: GENERAL SUPPORT | $5,000 |
Thomas & Maura Ryan Family Foundation Lake Forest, IL PURPOSE: OPERATING FUNDS | $2,500 |
The Barr Fund Chicago, IL PURPOSE: GENERAL FUND | $500 |
William And Lisa Mcgahan Family Foundation Inc Dorado, PR PURPOSE: GENERAL SUPPORT | $450 |
Beg. Balance | $626,688 |
Earnings | $130,051 |
Admin Expense | -$4,007 |
Net Contributions | $119,759 |
Ending Balance | $872,491 |
Organization Name | Assets | Revenue |
---|---|---|
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Flinn Foundation Phoenix, AZ | $285,130,665 | $13,331,134 |
American Indian Graduate Center Inc Albuquerque, NM | $28,393,677 | $10,605,933 |
Brophy Community Foundation Phoenix, AZ | $21,931,888 | $12,402,402 |
J F Maddox Foundation Hobbs, NM | $240,372,497 | $15,567,055 |
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Davis Education Foundation Farmington, UT | $5,085,973 | $8,327,640 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |