Green River Foundation
- Assets
- $2.0m
- Revenue
- $41.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Rutherfordton, NC
- Founding
- 04/2014
- Data as of
- 12/2022
- EIN
- 46-0825151
Organization Overview
Green River Foundation is located in Rutherfordton, NC. The organization was established in 2014. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green River 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 12/2022, Green River Foundation generated $41.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 56.6% each year . All expenses for the organization totaled $18.2k during the year ending 12/2022. 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
THE MISSION OF THE GREEN RIVER FOUNDATION IS TO RAISE AWARENESS AND FINANCIAL SUPPORT FOR LOCAL COMMUNITY BASED CHARITIES THROUGH VARIOUS FUNDRAISING INITIATIVES, PRESERVE AND EXPAND THE PHILANTHROPIC FOUNDATION OF A VOLUNTEER ORGANIZATION. THIS IS ACCOMPLISHED THROUGH CONTRIBUTIONS AND BY CONDUCTING EQUESTRIAN RELATED EVENTS. THE RESULTS WILL BE MUCH NEEDED FUNDS BEING DISTRIBUTED TO GROUPS AND CHARITIES IN THE LOCAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREEN RIVER FOUNDATION MADE GREAT STRIDES IN RAISING AWARENESS AND FINANCIAL SUPPORT FOR THE LOCAL COMMUNITY. DONATIONS WERE MADE TO VARIOUS INDIVIDUALS AND CHARITIES UTILIZING THE PUBLIC SUPPORT RECEIVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Smith President | OfficerTrustee | 1 | $0 |
Jennifer Smith Secretary/treasurer | OfficerTrustee | 1 | $0 |
Sharon Drecker Director | OfficerTrustee | 1 | $0 |
Lisa Lori Director | OfficerTrustee | 1 | $0 |
Jim Troppmann Director | OfficerTrustee | 1 | $0 |
Ann Troppmann Director | OfficerTrustee | 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 | $41,470 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,470 |
| Total Program Service Revenue | $0 |
| 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 | $41,470 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,000 |
| Grants and other assistance to domestic individuals. | $10,720 |
| 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 | $1,957 |
| 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 | $106 |
| Information technology | $600 |
| 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 | $854 |
| All other expenses | $0 |
| Total functional expenses | $18,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,327 |
| Savings and temporary cash investments | $0 |
| 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 | $1,858,786 |
| 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 | $1,990,113 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $1,990,113 |
| Total liabilities and net assets/fund balances | $1,990,113 |
Grants Awarded
Over the last fiscal year, Green River Foundation has awarded $20,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CITY PARKS FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $5,000 |
GIVING ALTERNATIVE LEARNERS UPLIFTING OPPORTUNITIES PURPOSE: GENERAL CONTRIBUTION | $5,000 |
POLICE ATHLETIC LEAGUE INC PURPOSE: GENERAL CONTRIBUTION | $5,000 |
NYC PARKS MOUNTED AUXILLARY UNIT INC PURPOSE: GENERAL CONTRIBUTION | $5,000 |