Greensboro Police Foundation
- Assets
- $920.7k
- Revenue
- $638.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 12/2012
- Data as of
- 12/2021
- EIN
- 45-3815105
Organization Overview
Greensboro Police Foundation is located in Greensboro, NC. The organization was established in 2012. According to its NTEE Classification (M99) the organization is classified as: Public Safety, Disaster Preparedness & Relief N.E.C., under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greensboro Police Foundation 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, Greensboro Police Foundation generated $638.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $150.9k during the year ending 12/2021. While expenses have increased by 12.0% 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 ENHANCE THE CITY OF GREENSBORO, NORTH CAROLINA'S ECONOMIC STRENGTH BY PROMOTING THE SAFEST CITY POSSIBLE FOR ITS RESIDENTS, WORKERS AND VISITORS THROUGH SUPPORT OF THE GREENSBORO POLICE DEPARTMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREENSBORO POLICE FOUNDATION FOCUSES ON PROVIDING THE POLICE DEPARTMENT WITH:1. LEADERSHIP TRAINING AND DEVELOPMENT2. CUTTING-EDGE SPECIALIZED EQUIPMENT AND TECHNOLOGY3. OFFICER SAFETY, WELLNESS AND MORALE4. CRIME PREVENTION/CRIME FIGHTING5. COMMUNITY PARTNERSHIPS AND ADVOCACY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ferrell Treasurer | OfficerTrustee | 5 | $0 |
Marc Issacson Secretary | OfficerTrustee | 5 | $0 |
Dr Patty Potter President | OfficerTrustee | 5 | $0 |
Dr Vi-Anne Antrum Director | Trustee | 1 | $0 |
Tom Allen Director | Trustee | 1 | $0 |
Ben Brown Director | Trustee | 1 | $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 | $630,789 |
| Noncash contributions included in lines 1a–1f | $250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $630,789 |
| Total Program Service Revenue | $0 |
| Investment income | $996 |
| 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 | $638,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $97,435 |
| 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 | $30,000 |
| 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 | $200 |
| Advertising and promotion | $1,274 |
| Office expenses | $9,442 |
| 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 | $150,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,847 |
| Savings and temporary cash investments | $830,826 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $920,673 |
| Accounts payable and accrued expenses | $0 |
| 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 | $165 |
| Total liabilities | $165 |
| 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 | $920,508 |
| Total liabilities and net assets/fund balances | $920,673 |
Grants Awarded
Over the last fiscal year, Greensboro Police Foundation has awarded $79,443 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
EMPLOYMENT AND TECHNOLOGY PURPOSE: TO ACCOMPLISH FOUNDATION MISSION | $20,895 |
EMPLOYMENT AND TECHNOLOGY PURPOSE: TO ACCOMPLISH FOUNDATION MISSION | $20,895 |
EMPLOYMENT AND TECHNOLOGY PURPOSE: TO ACCOMPLISH FOUNDATION MISSION | $20,895 |
MEMORIAL FUND PURPOSE: OFFICER MEMORIAL | $5,586 |
MEMORIAL FUND PURPOSE: OFFICER MEMORIAL | $5,586 |
MEMORIAL FUND PURPOSE: OFFICER MEMORIAL | $5,586 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Greensboro Police Foundation has recieved totaling $141,350.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Greensboro Inc Greensboro, NC PURPOSE: GENERAL SUPPORT | $53,600 |
The Cemala Foundation Inc Greensboro, NC PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Stanley & Dorothy Frank Family Foundation Greensboro, NC PURPOSE: GENERAL SUPPORT | $25,000 |
Truist Foundation Inc Orlando, FL PURPOSE: GENERAL OPERATING | $25,000 |
Bell Foundation Inc 1025874768 Greensboro, NC PURPOSE: GENERAL OPERATING | $7,500 |
Egerton Family Foundation Inc Greensboro, NC PURPOSE: GENERAL FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Care And Scholarship Funds Inc Atlanta, GA | $8,198,280 | $6,500,119 |
Volunteer Firefighter Alliance White Pine, TN | $874,952 | $6,547,286 |
Data Friendly Space Richmond, VA | $595,204 | $2,529,216 |
Emergency Department Practice Management Association Inc McLean, VA | $1,024,494 | $1,333,831 |
Triple Tree Aerodrome Inc Woodruff, SC | $4,627,218 | $792,121 |
Edneyville Volunteer Fire Rescue Hendersonville, NC | $2,417,782 | $1,166,575 |
Every Baby Guilford Inc Greensboro, NC | $945,631 | $266,505 |
Air Charity Network Virginia Beach, VA | $12,445 | $312,033 |
Project Give Back To Community Richmond, VA | $31,423 | $282,912 |
International Brotherhood Of Police Officers Local 623 Atlanta, GA | $12,808 | $279,493 |
Fire And Emergency Manufacturers And Services Association Ashland, VA | $497,863 | $310,596 |
Elliston Volunteer Fire Department Inc Elliston, VA | $207,866 | $259,197 |