Greer Institute Llc is located in Ashburn, VA. The organization was established in 2014. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greer Institute Llc 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, Greer Institute Llc generated $142.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $142.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.4%) per year over the past 3 years. 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 GREER INSTITUTE IS A NONPROFIT NONPARTISAN THINK TANK DEDICATED TO ACCELERATING THE MATURATION OF NEW LEADERS AND INSPIRING OF FUTURE INNOVATORS THROUGH THE 21ST CENTURY LEADERSHIP AND INNOVATION MODEL. THE GREER INSTITUTE IS ORGANIZED FOR EDUCATIONAL RESEARCH AND SCIENTIFIC APPLICATION OF MANAGING DIRECTOR MELVIN GREER'S THEORIES ON LEADERSHIP AND INNOVATION. ITS PROGRAMS ACCELERATE THE MATURATION OF TODAY'S LEADERS AND INSPIRES FUTURE INNOVATORS. THE GREER INSTITUTE CONDUCTS ONGOING RESEARCH AND THEN PROMOTES SIGNIFICANT IDEAS TO POLICYMAKERS AND OTHER STAKEHOLDERS TO DRIVE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH FOR TECHNICAL HARD PROBLEMS
DEVELOP SUPPORT AND DELIVER SCIENCE TECHNOLOGY ENGINEERING AND MATH K-12 PROGRAMS
MENTORING AND COACHING PROGRAMS THAT ENGAGE STUDENTS IN A PROGRAM THAT FOCUSES ON DEVELOPMENT OF SUPPORTIVE RELATIONSHIPS BETWEEN MENTORS AND MENTEES. THESE PROGRAMS ARE FLEXIBLE AND CONSISTS OF ONE OR MORE OF THE FOLLOWING ELEMENTS: IMPROVE SKILLS AND LIFESTYLE CHOICES IMPROVE ATTITUDE ABOUT SCHOOL ENHANCE SELF ESTEEM AND SELF-CONFIDENCE AND DEVELOP STRONGER RELATIONSHIPS WITH TEACHERS AND PARENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maria Di Paolo-Greer President | Officer | 5 | $0 |
Melvin Greer Managing Director | Officer | 10 | $0 |
Al Herron Board Member | Officer | 5 | $0 |
John Gatasse Board Member | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $110,572 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $32,356 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $142,928 |
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 | $142,928 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $110,572 |
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 | $4,002 |
Fees for services: Accounting | $250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,317 |
Office expenses | $7,789 |
Information technology | $9,431 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,090 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,377 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,100 |
All other expenses | $0 |
Total functional expenses | $142,928 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $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 | $0 |
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 | $0 |
Total liabilities and net assets/fund balances | $0 |
Over the last fiscal year, Greer Institute Llc has awarded $101,958 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
THE BULLIS SCHOOL PURPOSE: N A | $61,971 |
THE NYSMITH SCHOOL PURPOSE: N A | $26,937 |
STEMTAC PURPOSE: N A | $13,050 |