Greater Washington Partnership
- Assets
- $14.1m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 38
- Location
- Washington, DC
- Founding
- 11/2014
- Data as of
- 12/2023
- 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 12/2023, Greater Washington Partnership employed 38 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 12/2023, Greater Washington Partnership generated $9.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 48.8% each year . All expenses for the organization totaled $5.6m during the year ending 12/2023. While expenses have increased by 36.7% per year over the past 9 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 22 individual grants totaling $5,045,000. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE IDENTIFY SHARED OPPORTUNITIES AND CORE CHALLENGES AND OFFER SOLUTIONS TO THE REGION'S MOST CRITICAL ISSUES INCLUDING SKILLS AND TALENT, REGIONAL MOBILITY, INFRASTRUCTURE AND INCLUSIVE ECONOMIC GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILLS & TALENT: BUILD THE MOST DIVERSE TECH WORKFORCE BY ALIGNING WHAT EMPLOYERS NEED WITH WHAT EDUCATORS TEACH, SO ALL RESIDENTS IN THE REGION CAN SEE CLEAR PATHWAYS TO CAREERS. THROUGH STRATEGIC COLLABORATIONS WITH INDUSTRY, EDUCATION AND PUBLIC SECTOR LEADERS, THE PARTNERSHIP CREATES CROSS-JURISDICTIONAL TECH TALENT PATHWAYS, PROVIDING ECONOMIC OPPORTUNITIES FOR LEARNERS WHILE FULFILLING THE WORKFORCE DEMANDS OF EMPLOYERS IN THE REGION.
POLICY: CONDUCT EDUCATIONAL OUTREACH TO POLICYMAKERS AND OTHER EXTERNAL STAKEHOLDERS TO PROMOTE POLICY SOLUTIONS RELATED TO THE PARTNERSHIP'S BODIES OF WORK, RELYING ON DATA-DRIVEN, NONPARTISAN ANALYSES ALLOWING FOR A FULL AND FAIR ASSESSMENT OF RELEVANT FACTS ABOUT RELATED LEGISLATION.
INCLUSIVE ECONOMIC GROWTH: SUPPORT ECONOMIC GROWTH WHILE WORKING TO CLOSE EQUITY GAPS AND ADDRESS LONG-TERM SYSTEMIC DIVERSITY, EQUITY AND INCLUSION ORGANIZATION BARRIERS BY SUPPORTING DIVERSE SMALL AND MEDIUM-SIZED BUSINESSES AND INNOVATIVE ECOSYSTEMS, AS WELL AS FOSTERING BETTER EMPLOYMENT OUTCOMES FOR DEMOGRAPHICALLY DIVERSE AND UNDERREPRESENTED WORKFORCES.
REGIONAL MOBILITY/INFRASTRUCTURE: ADVANCE TRANSPORTATION SOLUTIONS THAT STRENGTHEN REGIONAL MOBILITY AND IMPROVE QUALITY OF LIFE BY CONNECTING THE SUPER-REGION, ENSURING EQUITABLE ACCESS, INTEGRATING INNOVATION AND IMPROVING CONSUMER EXPERIENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Pierce Director And Treasurer | OfficerTrustee | 1 | $0 |
William Stromberg Director | Trustee | 1 | $0 |
Robert Moser Director | Trustee | 1 | $0 |
Matt Kelly Director | Trustee | 1 | $0 |
Joseph Ucuzoglu Director | Trustee | 1 | $0 |
John Degioia Director | Trustee | 1 | $0 |
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 | $9,663,982 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,663,982 |
| Total Program Service Revenue | $41,248 |
| Investment income | $132,128 |
| 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 | $9,841,012 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $131,885 |
| 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. | $1,106,876 |
| Compensation of current officers, directors, key employees. | $245,671 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,256,483 |
| Pension plan accruals and contributions | $186,802 |
| Other employee benefits | $147,043 |
| Payroll taxes | $214,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,740 |
| Advertising and promotion | $319,425 |
| Office expenses | $243,203 |
| Information technology | $10,030 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,868 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $915 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,344 |
| All other expenses | $28,370 |
| Total functional expenses | $5,589,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,022,760 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,400,975 |
| 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 | $27,001 |
| Net Land, buildings, and equipment | $845,875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $822,199 |
| Total assets | $14,118,810 |
| Accounts payable and accrued expenses | $77,022 |
| 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 | $1,807,416 |
| Total liabilities | $1,884,438 |
| Net assets without donor restrictions | $5,908,693 |
| Net assets with donor restrictions | $6,325,679 |
| 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 | $14,118,810 |
Grants Awarded
Over the last fiscal year, Greater Washington Partnership has awarded $1,625,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DC PUBLIC EDUCATION FUND PURPOSE: SKILLS & TALENT | $325,000 |
BOARD OF EDUCATION OF PRINCE GEORGE'S COUNTY PURPOSE: SKILLS & TALENT | $325,000 |
NORTHERN VIRGINIA COMMUNITY COLLEGE PURPOSE: SKILLS & TALENT | $325,000 |
BALTIMORE CITY PUBLIC SCHOOLS PURPOSE: SKILLS & TALENT | $325,000 |
MONTGOMERY COUNTY PUBLIC SCHOOLS PURPOSE: SKILLS & TALENT | $325,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Washington Partnership Washington, DC | $14,118,810 | $9,841,012 |
Whaler Nation Inc Chesapeake, VA | $537,520 | $1,257,161 |
Coast Guard Blue Dolphins Swim Club Yorktown, VA | $906 | $1,085,434 |
Arlington Sports Inc Washington, DC | $64,686 | $424,056 |
Positive Youth Network Inc Ashburn, VA | $372,897 | $338,662 |
Palma Promotions Inc Mineral, VA | $0 | $0 |
High Performance Equestrian Foundation Middleburg, VA | $16,023 | $0 |