Greenwich Town Party Inc
- Assets
- $1.1m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Old Greenwich, CT
- Founding
- 09/2012
- Data as of
- 06/2022
- EIN
- 45-3555667
Organization Overview
Greenwich Town Party Inc is located in Old Greenwich, CT. The organization was established in 2012. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, 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. Greenwich Town Party 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, Greenwich Town Party Inc generated $12.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.4% each year . All expenses for the organization totaled $14.1m during the year ending 06/2022. While expenses have increased by 35.6% per year over the past 6 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
SPONSORING COMMUNITY EVENTS AND ACTIVITIES DESIGNED TO PROMOTE THE SOCIAL WELFARE AND FELLOWSHIP AMONG THE RESIDENTS OF THE TOWN OF GREENWICH, CONNECTICUT
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORING COMMUNITY EVENTS AND ACTIVITIES DESIGNED TO PROMOTE THE SOCIAL WELFARE AND FELLOWSHIP AMONG THE RESIDENTS OF THE TOWN OF GREENWICH, CONNECTICUT. DUE TO THE COVID PANDEMIC, GTP 2021 WAS POSTPONED TO SEPTEMBER 5, 2021. GTP 2022 TOOK PLACE ON MAY 28, 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Rivers Director, Co-President | OfficerTrustee | 1.5 | $0 |
Carl R Kuehner III Director, Co- President | OfficerTrustee | 1.5 | $0 |
Raymond T Dalio Director, Vice President | OfficerTrustee | 1.5 | $0 |
Mark Vallely Director, Secretary | OfficerTrustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Baseline Productions Llc Entertainment | 12/30/15 | $1,236,578 |
Nicole Enslein Dba Case Study Llc Marketing & Pr | 12/30/15 | $223,590 |
Sbwevents Group Event Planning | 12/30/15 | $138,000 |
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 | $11,035,267 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,035,267 |
| Total Program Service Revenue | $1,800,080 |
| Investment income | $0 |
| 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 | $12,835,347 |
| 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 | $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 | $21,519 |
| All other expenses | $1,176,911 |
| Total functional expenses | $14,059,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $976,493 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $59,260 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,189 |
| Prepaid expenses and deferred charges | $1,758 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $678 |
| Total assets | $1,063,378 |
| Accounts payable and accrued expenses | $20,111 |
| 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 | -$1,617 |
| Total liabilities | $18,494 |
| Net assets without donor restrictions | $1,044,884 |
| 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 | $1,063,378 |