Greater Sum Inc
- Assets
- $1.6m
- Revenue
- $1.1m
- Investments
- $1.3m
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 09/2016
- Data as of
- 12/2023
- EIN
- 81-2326204
Organization Overview
Greater Sum Inc is located in Jacksonville, FL. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Sum 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, Greater Sum Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $393.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Greater Sum Inc has awarded 86 individual grants totaling $1,178,370. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS FOR NONPROFITS - THE FOUNDATION IDENTIFIES INNOVATIVE EARLY-STAGE ORGANIZATIONS IN NEED OF STRATEGIC SUPPORT IN ORDER TO EXPAND THE IMPACT OF THEIR PROMISING WORK IN THE FOUNDATION'S FOCUS AREAS OF EDUCATION, ENVIRONMENT, COMMUNITY-BUILDING, AND HEALTH. 2023 ACTIVITIES INCLUDED TWO MAJOR PROGRAMS: A VIRTUAL INCUBATOR WITH ONLINE CURRICULUM AND FACILITATED GROUP COACHING AND PEER CHAT SESSIONS AND AN ACCELERATOR PROGRAM THAT INCLUDED FUNDRAISING TRAINING AND COACHING, VIDEO PRODUCTION, AND FACILITATED PEER CHAT SESSIONS. 2023 EXPENSES INCLUDED BLOOMERANG AND ZOOM SUBSCRIPTIONS AND STAFFING.
EDUCATIONAL MATERIALS & EVENTS - THE FOUNDATION ENSURES THAT VOLUNTEERS HAVE THE KNOWLEDGE AND SKILLS NEEDED TO ASSIST THEIR NONPROFIT PARTNERS IN NAVIGATING SECTOR CHALLENGES, AND THAT MEMBERS OF OUR NONPROFIT COMMUNITY, BEYOND THOSE FUNDED BY THE FOUNDATION, BENEFIT FROM SME EXPERIENCE AND NONPROFIT BEST PRACTICES. 2023 ACTIVITIES INCLUDED VIDEO PRODUCTION, E-NEWSLETTERS, SOCIAL MEDIA, AND OUR SUMMER CONSULTING SERIES. 2023 EXPENSES INCLUDED SUBSCRIPTIONS AND MEMBERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Silverstein Treasurer | 1 | $0 | |
Ellen Thomas Board Member | 1 | $0 | |
Wade T Brooks Board Member | 1 | $0 | |
Anna Taylor Executive Director | 40 | $118,771 | |
Justin Chad Hunsaker Chairman Of The Board | 1 | $0 | |
Richard Mandel Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,119,516 |
| Interest on Savings | $25,598 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$68,275 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,000 |
| Total Revenue | $1,081,839 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,897 |
| Other employee salaries and wages | $58,073 |
| Pension plans, employee benefits | $24,572 |
| Interest | $0 |
| Taxes | $14,506 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $15,194 |
| Printing and publications | $0 |
| Other expenses | $38,799 |
| Total operating and administrative expenses | $289,352 |
| Contributions, gifts, grants paid | $104,020 |
| Total expenses and disbursements | $393,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,503 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,595,861 |
| Accounts payable and accrued expenses | $16,110 |
| Grants payable | $93,920 |
| 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 | $110,030 |
Grants Awarded
Over the last fiscal year, Greater Sum Inc has awarded $158,319 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
WIKITONGUES PURPOSE: OPERATING SUPPORT | $10,012 |
YOU ARE SAFE HERE PURPOSE: OPERATING SUPPORT | $9,790 |
WORTHY MENTORING PURPOSE: OPERATING SUPPORT | $11,302 |
BRAIN EDUCATION STRATEGIES & TECHNOLOGY PURPOSE: OPERATING SUPPORT | $18,896 |
GRASSROOTS GROCERY PURPOSE: OPERATING SUPPORT | $10,265 |
RESPOND - CRISIS TRANSLATION PURPOSE: OPERATING SUPPORT | $20,705 |