The Green Chair Project Inc
- Assets
- $5.6m
- Revenue
- $3.9m
- Investments
- $460.6k
- Employees
- 32
- Location
- Raleigh, NC
- Founding
- 02/2011
- Data as of
- 12/2023
- EIN
- 27-2323103
Organization Overview
The Green Chair Project Inc is located in Raleigh, NC. The organization was established in 2011. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2023, Green Chair Project Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Chair Project 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 12/2023, Green Chair Project Inc generated $3.9m 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 $4.5m during the year ending 12/2023. While expenses have increased by 23.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GREEN CHAIR PROJECT'S MISSION IS "FURNISHING HOMES. CHANGING LIVES". TO DO SO, THE GREEN CHAIR REUSES DONATED HOUSEHOLD FURNISHINGS TO RENEW LIVES OF PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIVIDUAL SUPPORT - THE GREEN CHAIR PROJECT STRATEGICALLY PARTNERS WITH NON-PROFIT AND SOCIAL SERVICE AGENCIES THAT IDENTIFY, QUALIFY, AND REFER INDIVIDUALS IN NEED OF FURNISHING ASSISTANCE. THOSE INDIVIDUALS ARE EITHER TRANSITIONING FROM HOMELESSNESS AFTER A SETBACK SUCH AS JOB LOSS, DOMESTIC ABUSE, OR SUBSTANCE ABUSE RECOVERY AND MOVING INTO STABLE HOUSING, OR RECOVERING FROM LOSSES CAUSED BY A DISASTER SUCH AS A FIRE OR FLOOD. IN A BEAUTIFUL AND DIGNIFIED SETTING, REFERRED PARTICIPANTS RECEIVE A HAND-UP RATHER THAN A HAND-OUT AS THEY OBTAIN FURNISHINGS FOR THEIR HOMES WITH EITHER A NOMINAL INVESTMENT (TYPICALLY $200) OR AT NO COST WHEN SPONSORED BY THEIR AGENCY OR THE COMMUNITY.
AGENCY SUPPORT - THE GREEN CHAIR PROJECT SERVES NOT ONLY INDIVIDUALS AND FAMILIES, BUT ALSO OTHER NON-PROFIT ORGANIZATIONS WORKING TO BETTER OUR COMMUNITY. NON-PROFIT PARTNERS CAN OBTAIN NEEDED FURNISHINGS FOR THEIR PROGRAM SPACE FROM THE GREEN CHAIR PROJECT AT A VERY DISCOUNTED COST. IN ADDITION, NON-PROFITS CAN SPEND UP TO 10 HOURS A WEEK ACCEPTING, PROCESSING, STORING AND PLACING FURNITURE DONATIONS THEY RECEIVE FROM SUPPORTERS. THE GREEN CHAIR PROJECT RELIEVES THE "FURNITURE DONATION" BURDEN FROM ITS PARTNER AGENCIES BY PROVIDING A CENTRALIZED RESOURCE WHERE DONATIONS CAN BE ACCEPTED AND PARTICIPANTS CAN OBTAIN NEEDED FURNISHINGS, WHILE RELIEVING THE AGENCIES' ADMINISTRATIVE DEMANDS. THIS ALLOWS THE AGENCIES TO MORE EFFICIENTLY SERVE THEIR CLIENTS IN THEIR CONCENTRATION AREAS.
SWEETER DREAMS BED PROGRAM - THE GREEN CHAIR PROJECT PILOTED A PROGRAM TO PROVIDE NEW MATTRESS SETS, BED FRAMES, NEW PILLOWS AND LINENS TO WAKE COUNTY ELEMENTARY-AGED CHILDREN IDENTIFIED BY SCHOOL SOCIAL WORKERS AS BEING WITHOUT BEDS. THE PROGRAM IS INTENDED TO IMPROVE THE CHILDREN'S SLEEPING CONDITIONS WHICH IN TURN WILL LIKELY IMPROVE THEIR SCHOOL ATTENDANCE, HEALTH AND BEHAVIOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Avery Knight Board Member | Trustee | 1 | $0 |
Emily Boehling Board Member | Trustee | 1 | $0 |
Astra Ball Board Chair | OfficerTrustee | 1 | $0 |
Dan Cahill Board Member | Trustee | 1 | $0 |
Charles Royal Board Member | Trustee | 1 | $0 |
Lisa Marie Ferrell Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $266,923 |
| Related organizations | $0 |
| Government grants | $767,584 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,155,859 |
| Noncash contributions included in lines 1a–1f | $1,295,716 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,190,366 |
| Total Program Service Revenue | $444,733 |
| Investment income | $10,188 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $242,958 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,904,446 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,094,917 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $226,856 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $963,082 |
| Pension plan accruals and contributions | $30,523 |
| Other employee benefits | $172,555 |
| Payroll taxes | $95,648 |
| 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 | $15,115 |
| Advertising and promotion | $46,493 |
| Office expenses | $22,638 |
| Information technology | $52,355 |
| Royalties | $0 |
| Occupancy | $75,329 |
| Travel | $5,048 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $40,217 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $113,135 |
| Insurance | $37,713 |
| All other expenses | $13,686 |
| Total functional expenses | $4,490,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550,293 |
| Savings and temporary cash investments | $270,267 |
| Pledges and grants receivable | $17,250 |
| Accounts receivable, net | $20,616 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $227,514 |
| Prepaid expenses and deferred charges | $12,236 |
| Net Land, buildings, and equipment | $4,009,921 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $460,567 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,568,664 |
| Accounts payable and accrued expenses | $106,715 |
| 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 | $968,409 |
| Unsecured mortgages and notes payable | $145,280 |
| Other liabilities | $0 |
| Total liabilities | $1,220,404 |
| Net assets without donor restrictions | $4,334,974 |
| Net assets with donor restrictions | $13,286 |
| 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 | $5,568,664 |