Greater Washington Partnership
- Assets
- $9.4m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 31
- Location
- Washington, DC
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 46-3636802
Organization Overview
Greater Washington Partnership is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (N71) the organization is classified as: Olympics, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Greater Washington Partnership employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Washington Partnership 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, Greater Washington Partnership generated $10.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 68.0% each year . All expenses for the organization totaled $6.0m during the year ending 12/2021. While expenses have increased by 50.9% 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.
Since 2017, Greater Washington Partnership has awarded 17 individual grants totaling $3,420,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CATALYZING SOLUTIONS AND ADVANCING CROSS-SECTOR COLLABORATION TO MAKE THE CAPITAL REGION FROM BALTIMORE TO RICHMOND THE BEST PLACE TO LIVE, WORK, AND BUILD A BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIGITAL SKILLS & TALENT/COLAB (COLLABORATIVE OF LEADERS IN ACADEMIA AND BUSINESS): ENHANCE DIGITAL TECHNOLOGY EDUCATION THROUGH DEVELOPMENT AND EXPANSION OF DIGITAL TECHNOLOGY CREDENTIALS THROUGH AN ALLIANCE OF K-12 WORK BASED PROGRAMS, UNIVERSITIES AND BUSINESS LEADERS.
REGIONAL MOBILITY/INFRASTRUCTURE: ADVANCE THE CAPITAL REGION'S TRANSPORTATION SYSTEM, MOBILITY, AND INFRASTRUCTURE BY COLLABORATION AMONG PUBLIC AND PRIVATE ENTITIES TO CATALYZE SOLUTIONS.
INCLUSIVE GROWTH: SUPPORT ECONOMIC GROWTH THAT CREATES A PROSPEROUS, EQUITABLE, AND RESILIENT SOCIETY FOR PEOPLE OF ALL BACKGROUNDS AND INCOMES ACROSS THE CAPITAL REGION, PARTICULARLY FOR THOSE FACING THE GREATEST BARRIERS, BY BROADLY EXPANDING ECONOMIC OPPORTUNITY AND ENHANCING QUALITY OF LIFE. IN 2020, THE PARTNERSHIP ENGAGED IN ACTIVITIES RELATED TO THE COVID RESPONSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Holston Chief Executive Officer (p | Officer | 40 | $491,565 |
Nina Sharma Chief Marketing Officer | Officer | 40 | $223,584 |
Francesca Ioffreda VP For Inclusive Growth | 40 | $221,331 | |
Paul Mcandrew III Vp, Regional Mobility & In | 40 | $194,283 | |
Patricia Daniels Chief Administrative Officer | Officer | 40 | $188,810 |
Jeanne Contardo Vp,capital Colab | 40 | $181,152 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Higher Ed Insight Llc Consulting | 12/30/20 | $164,250 |
Lgnd Consulting | 12/30/20 | $140,600 |
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 | $10,372,544 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,372,544 |
| Total Program Service Revenue | $23,750 |
| Investment income | $379 |
| 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 | $10,396,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000,000 |
| 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. | $1,033,959 |
| Compensation of current officers, directors, key employees. | $229,487 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,935,771 |
| Pension plan accruals and contributions | $144,230 |
| Other employee benefits | $306,951 |
| Payroll taxes | $220,554 |
| 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 | $197,204 |
| Advertising and promotion | $226,300 |
| Office expenses | $49,366 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $217,486 |
| Travel | $1,772 |
| 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 | $21,105 |
| Insurance | $14,679 |
| All other expenses | $16,070 |
| Total functional expenses | $5,989,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,373,983 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,034,500 |
| 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 | $18,622 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,855 |
| Total assets | $9,447,960 |
| Accounts payable and accrued expenses | $57,935 |
| 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 | $57,935 |
| Net assets without donor restrictions | $3,426,066 |
| Net assets with donor restrictions | $5,963,959 |
| 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 | $9,447,960 |
Grants Awarded
Over the last fiscal year, Greater Washington Partnership has awarded $1,000,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: COLAB | $200,000 |
NORTHERN VIRGINIA COMMUNITY COLLEGE PURPOSE: COLAB | $200,000 |
BOARD OF EDUCATION OF PRINCE GEORGE'S COUNTY PURPOSE: COLAB | $200,000 |
MONTGOMERY COUNTY PUBLIC SCHOOLS PURPOSE: COLAB | $200,000 |
BALTIMORE CITY PUBLIC SCHOOLS PURPOSE: COLAB | $200,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Greater Washington Partnership has recieved totaling $650,000.
| Awarding Organization | Amount |
|---|---|
Northrop Grumman Foundation Falls Church, VA PURPOSE: GENERAL OPERATING GRANTS & MATCHING GIFTS. | $250,000 |
Plank Family Foundation Brooklandville, MD PURPOSE: GENERAL DONATION | $250,000 |
Deloitte Foundation Stamford, CT PURPOSE: GREATER WASHINGTON COLAB SCHOLARSHIP FUND | $125,000 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Washington Partnership Washington, DC | $9,447,960 | $10,396,673 |
Coast Guard Blue Dolphins Swim Club Yorktown, VA | $59,986 | $1,421,830 |
Whaler Nation Inc Chesapeake, VA | $468,975 | $1,126,759 |
Positive Youth Network Inc Ashburn, VA | $333,542 | $382,297 |
Arlington Sports Inc Washington, DC | $11,404 | $0 |
Palma Promotions Inc Mineral, VA | $0 | $0 |
High Performance Equestrian Foundation Middleburg, VA | $15,048 | $0 |