Green Project Inc
- Assets
- $553.1k
- Revenue
- $459.6k
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 10/1994
- Data as of
- 06/2023
- EIN
- 72-1259769
Organization Overview
Green Project Inc is located in New Orleans, LA. The organization was established in 1994. According to its NTEE Classification (C27) the organization is classified as: Recycling, 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 Project 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 06/2023, Green Project Inc generated $459.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $422.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 8 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
DEVELOP A CULTURE OF CREATIVE REUSE BY BUILDING A MARKETPLACE FOR RECLAIMED MATERIALS, CULTIVATING A RESPECT FOR THEIR VALUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALVAGE STORE- THROUGH OUR SALVAGE STORE, WE RECLAIM USABLE BUILDING MATERIALS AND RESELL THEM TO THE COMMUNITY AT AFFORDABLE PRICES. MATERIALS INCLUDE DOORS, WINDOWS, LIGHT FIXTURES, PLUMBING SUPPLIES, LUMBER, BRICKS AND STONE, TOOLS AND MORE. WE INTAKE MATERIALS VIA DONATION FROM COMMUNITY MEMBERS AND PRICE THEM AT 30-50% OF RETAIL VALUE, DEPENDING ON CONDITION. OUR GOAL THROUGH THE SALVAGE STORE IS TO REDUCE THE AMOUNT OF ENERGY AND RESOURCES NEEDED TO CREATE NEW PRODUCTS WHILE ALSO KEEPING HISTORIC ARCHITECTURAL PIECES IN NEW ORLEANS.
ACQUISTIONS- TGPS ACQUISITIONS PROGRAM WORKS TO OBTAIN DONATED BUILDING MATERIALS FROM THE COMMUNITY. THIS INCLUDES CONDUCTING OUTREACH TO LOCAL INDIVIDUALS AND BUSINESSES THAT MAY HAVE MATERIALS TO DONATE. WE INTAKE MATERIALS VIA DROP-OFF AND THROUGH FREE PICK-UPS USING OUR TRUCK. BECAUSE SALVAGE STORE SALES SUPPORT ADDITIONAL SMALLER PROGRAMS, MAINTAINING A STRONG ACQUISITIONS PROGRAM IS KEY.
PAINT RECYCLING- WE OPERATE THE FIRST AND ONLY PAINT RECYCLING CENTER IN THE REGION. WE ACCEPT USABLE LATEX/WATER-BASED PAINT FOR RECYCLING YEAR ROUND, ALLEVIATING THE BURDEN OF DISPOSAL FOR BOTH RESIDENTS AND OUR LOCAL DEPARTMENT OF SANITATION. WE RECYCLE ALL USABLE PAINT BY BATCHING AND MIXING LIKE COLORS, THEN DECANTING IT INTO NEW CONTAINERS. WE SELL OUR RECYCLED PAINT AT A FRACTION OF THE COST OF TRADITIONAL PAINT. IF PAINT IS UNUSABLE, WE PROCESS IT FOR SAFE DISPOSAL.
ENVIROMENTAL AND EDUCTION - EDUCATE THE GENERAL PUBLIC ON THE ENRIVONRMENTAL IMPACT CAUSED BY RECYCLING PAINT AND RESUING SALAVAGE MATERIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Mccrossen Treasurer | Officer | 1 | $0 |
Kevin J Morris Vice President | Officer | 1 | $0 |
Rosa Acheson Officer | Officer | 1 | $0 |
Andrew Sensi Officer | Officer | 1 | $0 |
Janina Scaldano Officer | Officer | 1 | $0 |
Michael Dalle Molle President | Officer | 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 | $34,322 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,322 |
| Total Program Service Revenue | $347,009 |
| 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 | $459,586 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $254,480 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,812 |
| Payroll taxes | $19,753 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,729 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,648 |
| Advertising and promotion | $946 |
| Office expenses | $2,590 |
| Information technology | $53,189 |
| Royalties | $0 |
| Occupancy | $21,660 |
| Travel | $1,081 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,823 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,913 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $422,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,271 |
| Savings and temporary cash investments | $218,969 |
| 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 | $122,791 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,057 |
| Total assets | $553,088 |
| 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 | $149,900 |
| Other liabilities | $12,827 |
| Total liabilities | $162,727 |
| Net assets without donor restrictions | $390,361 |
| 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 | $553,088 |