Green Forest Inc
- Assets
- $1.1m
- Revenue
- $157.2k
- Investments
- $530.7k
- Employees
- 0
- Location
- Madison, WI
- Founding
- 12/2008
- Data as of
- 12/2022
- EIN
- 61-1548166
Organization Overview
Green Forest Inc is located in Madison, WI. The organization was established in 2008. According to its NTEE Classification (C34) the organization is classified as: Land Resources 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 Forest 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 12/2022, Green Forest Inc generated $157.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 68.4% each year . All expenses for the organization totaled $36.3k during the year ending 12/2022. While expenses have increased by 46.8% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUBSTANTIALLY ALL OF THE ORGANIZATION'S ACTIVITIES WERE DEVOTED TO MANAGING AND MAINTAINING THE LAND FOR THE PURPOSE OF PRESERVING IT IN ITS NATURAL STATE. TREES WERE PLANTED AND MAINTAINED. INCLUDES ADMINISTRATION COSTS ASSOCIATED WITH OPERATING THE ORGANIZATION AND ITS FUNCTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennell Ballering Secretary | 1 | $0 | |
Mark Ballering President | 1 | $0 | |
Eva Ballering Director | 0 | $0 | |
Nick Ballering Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $123,621 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,709 |
| Net Rental Income | $1,850 |
| Net Gain on Sale of Assets | $28,000 |
| Capital Gain Net Income | $28,000 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $157,180 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $13,261 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,905 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $236 |
| Printing and publications | $0 |
| Other expenses | $14,007 |
| Total operating and administrative expenses | $36,291 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $36,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,368 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $530,688 |
| Net Land, buildings, and equipment | $517,000 |
| Other assets | $0 |
| Total assets | $1,054,056 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Openlands Chicago, IL | $37,602,836 | $9,254,791 |
Grand Traverse Regional Land Conservancy Traverse City, MI | $83,640,436 | $14,843,118 |
Leelanau Conservancy Leland, MI | $37,540,108 | $6,574,386 |
Land Stewardship Project Minneapolis, MN | $5,082,245 | $3,400,549 |
Conservation Foundation Naperville, IL | $10,642,016 | $3,351,729 |
Tall Pines Conservancy Inc Nashotah, WI | $2,243,899 | $2,340,562 |
Lake Forest Open Lands Association Lake Forest, IL | $65,831,069 | $6,633,518 |
Little Traverse Conservancy Inc Harbor Springs, MI | $131,058,036 | $9,637,882 |
Jo Daviess Conservation Foundation Inc Elizabeth, IL | $13,683,840 | $1,728,367 |
Legacy Land Conservancy Ann Arbor, MI | $8,848,888 | $2,512,327 |
Southwest Michigan Land Conservancy Inc Galesburg, MI | $30,119,950 | $2,633,609 |
Prairie Enthusiasts Inc Viroqua, WI | $12,506,035 | $2,620,729 |