Do Greater Foundation Inc
- Assets
- $803.1k
- Revenue
- $781.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 82-3722201
Organization Overview
Do Greater Foundation Inc is located in Charlotte, NC. The organization was established in 2019. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Do Greater 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 12/2021, Do Greater Foundation Inc generated $781.1k in total revenue. All expenses for the organization totaled $60.9k during the year ending 12/2021. While expenses have increased by 115.2% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE BUILD CREATIVE CONFIDENCE IN YOUTH THROUGH TRAINING IN DESIGN, ENTREPRENEURSHIP AND DIGITAL MEDIA SO THEY CAN TURN THEIR OPPORTUNITIES INTO FUTURE OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DO GREATER CHARLOTTE TEACHES AND TRAINS STUDENTS THROUGH CREATIVE HUDDLES AND ENTREPRENEURSHIP COHORTS THROUGH A STRUCTURED CURRICULUM DEVELOPED BY CREATIVE COMMUNITY PARTNERS AND A PROFESSIONAL LICENSED CURRICULUM. WE USE A DESIGN THINKING APPROACH TO HELP STUDENTS BUILD CRITICAL THINKING AND PROBLEM-SOLVING SKILLS. IN 2021, WE INITIATED FUNDRAISING FOR A STATE-OF-THE-ART CREATIVE FACILITY TO CONDUCT OUR PROGRAMMING. OUR END-OF-THE-YEAR UNRESTRICTED ASSETS WILL BE USED TO COMPLETE THIS FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William R Mcneely Jr President | OfficerTrustee | 40 | $25,000 |
Bruce Bellamy Chairman | OfficerTrustee | 1 | $0 |
Cathy Morrison Vice President | OfficerTrustee | 1 | $0 |
Dealva Wilson Director | Trustee | 1 | $0 |
Cliff Mcneely Director | Trustee | 1 | $0 |
Richard Harris Director | Trustee | 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 | $781,077 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $781,077 |
| Total Program Service Revenue | $0 |
| 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 | $781,077 |
| 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. | $25,000 |
| Compensation of current officers, directors, key employees. | $3,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,458 |
| Office expenses | $6,972 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,981 |
| Travel | $1,377 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,743 |
| Insurance | $2,040 |
| All other expenses | $0 |
| Total functional expenses | $60,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $711,456 |
| 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 | $318 |
| Net Land, buildings, and equipment | $91,279 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $803,053 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $803,053 |
| 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 | $803,053 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Do Greater Foundation Inc has recieved totaling $114,498.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $75,000 |
Oneoc Santa Ana, CA PURPOSE: YOUTH SERVICES | $13,998 |
At&t Foundation Dallas, TX PURPOSE: EDUCATION | $13,000 |
United Way Of Greater Charlotte Charlotte, NC PURPOSE: PROGRAM OPERATING COSTS | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
National Honorary Beta Club Spartanburg, SC | $16,976,895 | $7,178,910 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |
Tennessee Soccer Club Inc Brentwood, TN | $2,122,655 | $5,672,715 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Corners Outreach Inc Peachtree Corners, GA | $1,471,202 | $3,739,961 |
Skillsusa Foundation Inc Leesburg, VA | $0 | $2,681,875 |
Horizons Atlanta Inc Atlanta, GA | $3,035,876 | $3,541,460 |
Durham Childrens Initiative Durham, NC | $2,025,864 | $2,503,533 |
Camp Kudzu Inc Atlanta, GA | $2,213,204 | $2,347,555 |
Knowledge Quest Inc Memphis, TN | $3,965,485 | $3,163,026 |