Green Forests Work Inc
- Assets
- $1.3m
- Revenue
- $3.2m
- Investments
- $20.7k
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 09/2013
- Data as of
- 06/2023
- EIN
- 46-1296612
Organization Overview
Green Forests Work Inc is located in Lexington, KY. The organization was established in 2013. According to its NTEE Classification (C36) the organization is classified as: Forest Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Forests Work 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 06/2023, Green Forests Work Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $2.5m during the year ending 06/2023. While expenses have increased by 24.9% per year over the past 8 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
GREEN FORESTS WORK EXISTS TO RE-ESTABLISH HEALTHY AND PRODUCTIVE FORESTS ON FORMERLY MINED LANDS IN APPALACHIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHILE FUELING THE ENERGY NEEDS OF THE NATION, THE PRACTICE OF SURFACE MINING HAS SEVERELY IMPACTED MORE THAN 1 MILLION ACRES OF THE APPALACHIAN REGION'S ENVIRONMENT THROUGH THE CONVERSION OF FORESTLAND INTO OTHER LAND USES. GREEN FORESTS WORK (GFW) HAS THE ABILITY AND EXPERTISE TO RESTORE HEALTHY, PRODUCTIVE FORESTS ON PREVIOUSLY MINED LANDS TO BENEFIT THE REGION, THE NATION, AND THE GLOBAL ENVIRONMENT. IN FYE 2023, GFW AND OUR PARTNERS PARTICIPATED IN 40 TREE PLANTING PROJECTS/EVENTS WHICH RESULTED IN THE PLANTING OF APPROXIMATELY 1. MILLION SEEDLINGS ACROSS MORE THAN 2,200 ACRES. IN 2023, GFW AND OUR PARTNERS WERE ABLE TO DIRECTLY INVOLVE 1500 VOLUNTEERS IN THESE TREE PLANTING EVENTS, EDUCATING THEM ABOUT ENVIRONMENTAL PROBLEMS AND POTENTIAL SOLUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Christopher Barton President | OfficerTrustee | 40 | $0 |
Dr Carmen Agouridis Director | OfficerTrustee | 1 | $0 |
Steve Felch Secretary | OfficerTrustee | 1 | $0 |
Mary Miller Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $605,781 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,588,830 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,194,611 |
| Total Program Service Revenue | $0 |
| Investment income | $7,646 |
| 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 | $3,202,257 |
| 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 | $16,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,708,504 |
| Advertising and promotion | $7,313 |
| Office expenses | $4,434 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,052 |
| Travel | $47,752 |
| 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 | $8,425 |
| Insurance | $4,101 |
| All other expenses | $2,421 |
| Total functional expenses | $2,545,339 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,279 |
| Savings and temporary cash investments | $425,751 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $514,056 |
| 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 | $56,688 |
| Net Land, buildings, and equipment | $29,489 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $20,668 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,305,931 |
| Accounts payable and accrued expenses | $66,352 |
| 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 | $66,352 |
| 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 | $1,239,579 |
| Total liabilities and net assets/fund balances | $1,305,931 |