Green Spa Network
- Assets
- $104.4k
- Revenue
- $286.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Atlanta, GA
- Founding
- 03/2009
- Data as of
- 12/2020
- EIN
- 74-3182928
Organization Overview
Green Spa Network is located in Atlanta, GA. The organization was established in 2009. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, Green Spa Network employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Spa Network is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Green Spa Network generated $286.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $261.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSES FOR WHICH THE CORPORATION IS FORMED AND WHICH ARE TO BE PROMOTED OR CARRIED ON BY THE CORPORATION ARE TO OPERATE EXCLUSIVELY AS A TRADE ASSOCIATION FOR BUSINESSES WITHIN THE SPA INUSTRY AND: 1. TO BRING SUSTAINABLE DESIGN AND OPERATING PRACTICES TO THE SPA INDUSTRY AND TO PROMOTE FOR THE BENEFIT OF THAT INDUSTRY THE NATURAL CONNECTIONS BETWEEN PERSONAL WELL-BEING, ECONOMIC SUSTAINABILITY AND THE HEALTH OF THE PLANET,2. TO PROVIDE ENVIRONMENTAL EDUCATION TO BUSINESSES ENGAGED IN THE PROVISION OF SPA SERVICES, INCLUDING DAY SPAS, RESORT SPAS, HOTEL SPAS ANDOTHER RELATED BUSINESSES, 3. TO CREATE AND ADMINISTER A PROGRAM FOR THE VOLUNTARY ENVIRONMENTAL SELF-ASSESSMENT OF MEMBERS OF THE SPA INDUSTRY, 4. TO CREATE, RGANIZE, ADMINISTER AND MAINTAIN A REPOSITORY, AVAILABLE TO MEMBERS, CONTAINING INFORMATION HELPFUL TO OPERATING SPAS THAT SEEK TO IMPROVE THEIR LEVEL OF ENVRNMENT STEWARDSHIP RELATED TO ENERGY CONSERVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREEN SPA NETWORK (GSN) IS A NONPROFIT TRADE ASSOCIATION THAT PROVIDES EDUCATION, RESOURCES AND GATHERINGS FOR THE SPA AND WELLNESS INDUSTRY. BY CREATING A VITAL COMMUNITY AND INSPIRING SPA AND WELLNESS COMPANIES TO TAKE ACTION, GSN IS CREATING A MORE SUSTAINABLE FUTURE WITH ITS MEMBERS. GSN BELIEVES THE SPA AND WELLNESS INDUSTRY HAS A UNIQUE OPPORTUNITY TO MAKE A SUBSTANTIAL POSITIVE IMPACT BY ADAPTING PRACTICES THAT SUPPORT THE ENVIRONMENTAL AND HUMAN RESOURCES NECESSARY TO PROVIDE ITS SERVICES, PRODUCTS, AND EXPERIENCES. OUR WORK GOES BEYOND THE DIRECT IMPACT WE CAN MAKE AS AN INDUSTRY WE ARE ALSO AMBASSADORS FOR A VITAL PLANET AND VITAL PEOPLE TO THE MILLIONS OF SPA VISITORS WE COME INTO CONTACT WITH EVERY DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanna Roche Executive Dir. | Trustee | 40 | $54,423 |
Saied Karamooz Vice President | Trustee | 4 | $0 |
Thor Holm President | Trustee | 4 | $0 |
Wendy Bosalavage Treasurer | Trustee | 4 | $0 |
Julie Andrews Director | Trustee | 2 | $0 |
Kenzie Vath Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,770 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,770 |
| Total Program Service Revenue | $270,133 |
| 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 | $286,903 |
| 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. | $54,423 |
| Compensation of current officers, directors, key employees. | $10,885 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,192 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,202 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,910 |
| Advertising and promotion | $3,273 |
| Office expenses | $2,865 |
| Information technology | $10,493 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $105,278 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,485 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,570 |
| All other expenses | $0 |
| Total functional expenses | $260,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,374 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $87,046 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $104,420 |
| 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 | $143,080 |
| Other liabilities | $4,010 |
| Total liabilities | $147,090 |
| Net assets without donor restrictions | -$42,670 |
| 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 | $104,420 |
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