Green And Blue Foundation Inc
- Assets
- $589.4k
- Revenue
- $657.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Windsor, CT
- Founding
- Data as of
- 12/2022
- EIN
- 85-1072747
Organization Overview
Green And Blue Foundation Inc is located in Windsor, CT. 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. Green And Blue 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 12/2022, Green And Blue Foundation Inc generated $657.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 61.3% each year . All expenses for the organization totaled $611.1k during the year ending 12/2022. While expenses have increased by 68.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY GOAL OF THE FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE OF YOUTH IN THE GREATER HARTFORD, CONNECTICUT AREA, WITH A FOCUS ON THOSE LIVING IN THE INNER CITY WITH DEMONSTRATED FINANCIAL NEED. THE FOUNDATION SEEKS TO PROMOTE HOPE AND GROWTH THROUGHOUT SOME OF HARTFORD'S MOST IMPOVERISHED NEIGHBORHOODS AND IMPROVE THE HEALTH OF GREATER HARTFORD YOUTH. THE FOUNDATION SEEKS TO ENHANCE THE FUTURE LIVES OF THESE YOUTH BY KEEPING THEM HEALTHY, ACTIVE, AND ENGAGED WITH THEIR COMMUNITY FOR THE REST OF THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY TICKET PROGRAM: THE GREEN AND BLUE FOUNDATION PARTNERS WITH HARTFORD AREA NON-PROFITS TO DISTRIBUTE TICKETS TO A PROFESSIONAL SOCCER MATCH TO THE CHILDREN AND FAMILIES IN THEIR PROGRAMS. OVER 15,000 TICKETS WERE DONATED IN 2022 AND OVER 20 NON-PROFITS IMPACTED. 2. COMMUNITY PROJECTS: THE GREEN AND BLUE FOUNDATION PARTNERS WITH HARTFORD-BASED ORGANIZATIONS ON NEIGHBORHOOD BEAUTIFICATION, YOUTH AND FAMILY EDUCATION AND WALKABILITY PROJECTS IN THE AREA SURROUNDING TRINITY HEALTH STADIUM IN HARTFORD.
COMMUNITY PROJECTS: THE GREEN AND BLUE FOUNDATION PARTNERS WITH HARTFORD- BASED ORGANIZATIONS ON NEIGHBORHOOD BEAUTIFICATION, YOUTH AND FAMILY EDUCATION AND WALKABILITY PROJECTS IN THE AREA SURROUNDING TRINITY HEALTH STADIUM IN HARTFORD.
ACADEMY CLINICS AND SCHOLARSHIPS: THE GREEN AND BLUE FOUNDATION PROVIDED FINANCIAL ASSISTANCE TO OVER 200 YOUTH AND FAMILIES TO ENSURE FINANCIAL MEANS DO NOT INTERFERE WITH A FAMILY'S ABILITY TO PARTICIPATE IN SOCCER CLINIC OR PLAY FOR AN ACADEMY TEAM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Calafiore Director | Trustee | 1 | $0 |
Bruce Mandell Director/pre | OfficerTrustee | 1 | $0 |
Scott Schooley Director/sec | OfficerTrustee | 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 | $657,210 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $657,210 |
| 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 | $657,210 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $43,700 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $160,314 |
| Fees for services: Legal | $5,250 |
| Fees for services: Accounting | $1,508 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,080 |
| Advertising and promotion | $26,250 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,893 |
| Travel | $4,075 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $611,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,387 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $525,000 |
| 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 | $589,387 |
| Accounts payable and accrued expenses | $10,966 |
| Grants payable | $0 |
| Deferred revenue | $500,000 |
| 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 | $510,966 |
| Net assets without donor restrictions | $78,421 |
| 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 | $589,387 |
Grants Awarded
Over the last fiscal year, Green And Blue Foundation Inc has awarded $43,700 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
AURORA WOMEN AND GIRLS FOUNDATION PURPOSE: UNRESTRICTED SUPPORT | $15,000 |
DIGNITY GROWS PURPOSE: CHANGEMAKER EVENT | $10,000 |
PEDRO AND JOHN DEBRITO FOUNDATION PURPOSE: UNRESTRICTED SUPPORT | $8,700 |
ST FRANCIS FOUNDATION PURPOSE: UNRESTRICTED SUPPORT | $10,000 |