Greenwell Foundation Inc
- Assets
- $392.0k
- Revenue
- $281.6k
- Investments
- $0.0
- Employees
- 27
- Location
- Hollywood, MD
- Founding
- 04/1969
- Data as of
- 12/2023
- EIN
- 52-0855502
Organization Overview
Greenwell Foundation Inc is located in Hollywood, MD. The organization was established in 1969. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2023, Greenwell Foundation Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwell Foundation 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 12/2023, Greenwell Foundation Inc generated $281.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $353.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GREENWELL FOUNDATION INC. IS A 501C3 NONPROFIT ORGANIZATION DEDICATED TO PROVIDING ACCESSIBLE AND INCLUSIVE PROGRAMS, SERVICES, AND FACILITIES FOR ALL COMMUNITY MEMBERS, WITH AND WITHOUT DISABILITIESSEE SCHED O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREENWELL FOUNDATION OPERATES INSIDE GREENWELL STATE PARK, A 600-ACRE RIVERFRONT PARK. IN ACCORDANCE WITH OUR MISSION, THE FOUNDATION PROMOTES THE PHYSICAL AND MENTAL ADVANTAGES OF SPENDING TIME IN NATURE. OUR EQUESTRIAN THERAPY AND OUTDOOR ACTIVITY PROGRAMS ARE AVAILABLE TO ALL OF OUR COMMUNITY, WITH SPECIAL CONSIDERATION FOR THOSE WITH DISABILITIES. GREENWELL FOUNDATION IS A PRIVATE 501C3CHARITABLE ORGANIZATION SUPPORTED BY INDIVIDUAL DONORS, COMMUNITY BUSINESSES, CORPORATIONS AND PRIVATE FOUNDATIONS. WE EAGERLY WORK ALONGSIDE OUR PARTNER ORGANIZATIONS TO SERVE INDIVIDUALS FACING A VARIETY OF CHALLENGING DISABILITIES. WE PROVIDE EQUAL ACCESS TO THERAPEUTIC PROGRAMS TO IMPROVE THEIR QUALITY OF LIFE. THIS YEAR, STEPS WERE MADE TO DEVELOP A PILOT PROGRAM FOR OUR VETERANS RETREAT PROGRAM. WE WILL TAKE THE LESSONS LEARNED FROM INITIAL PROGRAMMING AND BUILD UPON IT TO ADDRESS VETERANS, TEENS, ADULTS, AND SENIORS STRUGGLING WITH MENTAL ILLNESS. WE STRIVE TO BECOME A SOURCE OF WELLNESS AND ENCOURAGEMENT FOR THEM AND THEIR LOVED ONES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jolanda Campbell Executive Director Service Ended 5/20/24 | OfficerTrustee | 40 | $62,275 |
Bob Randall Director | Trustee | 1 | $0 |
Joe Anderson Director | Trustee | 1 | $0 |
John F Tarrant Vice President | OfficerTrustee | 1 | $0 |
Frannie Bostich Secretary | OfficerTrustee | 1 | $0 |
Dennis England President | 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 | $210,435 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $210,435 |
| Total Program Service Revenue | $47,390 |
| Investment income | $10,615 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,494 |
| Net Gain/Loss on Asset Sales | $2,785 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $281,629 |
| 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. | $62,275 |
| Compensation of current officers, directors, key employees. | $13,707 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $134,976 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,978 |
| Fees for services: Other | $29,782 |
| Advertising and promotion | $419 |
| Office expenses | $17,727 |
| Information technology | $2,056 |
| Royalties | $0 |
| Occupancy | $20,348 |
| Travel | $3,413 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $95 |
| Interest | $5,101 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,080 |
| Insurance | $29,320 |
| All other expenses | $0 |
| Total functional expenses | $353,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,698 |
| 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 | $9,847 |
| Net Land, buildings, and equipment | $56,468 |
| Investments—publicly traded securities | $242,019 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $392,032 |
| Accounts payable and accrued expenses | $9,376 |
| 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 | $99,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $108,876 |
| Net assets without donor restrictions | $224,156 |
| Net assets with donor restrictions | $59,000 |
| 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 | $392,032 |