1000 Gretas Foundation
- Assets
- $68.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2022
- EIN
- 85-2597264
Organization Overview
1000 Gretas Foundation is located in New York, NY. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, 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. 1000 Gretas Foundation 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, 1000 Gretas Foundation generated $68.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 73.8% each year . All expenses for the organization totaled $22.0k during the year ending 12/2022. While expenses have increased by 19.6% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE MAIN PROGRAM FOR 1000 GRETAS IS THE GRANT-GIVING PROGRAM WHEREBY GRANTS ARE MADE TO DISCOVER AND SUPPORT ENTREPRENEURS WITH UNIQUE IDEAS TO SOLVE CLIMATE CHANGE. FOR 2022, 10 GRANTS RANGING FROM $1000 TO $5000 WERE MADE TO ENTREPRENEURS WORKING TO SOLVE CLIMATE RELATED CHALLENGES. WITH EACH GRANT, THE ORGANIZATION HELPS UNCOVER IMPORTANT IDEAS FOR SOLVING CLIMATE CHANGE BY FUNDING "UNHEARD" VOICES IN SOCIETY. FOR EACH GRANT AWARDED, AT LEAST ONE PERSON - THE INNOVATOR - IS IMMEDIATELY BENEFITTED, USUALLY THE FOUNDER OF AN ORGANIZATION WHO IS WORKING ON ISSUES RELATED TO CLIMATE CHANGE. GRANT FUNDS ARE TYPICALLY USED TO SUPPORT AND GROW THE ORGANIZATION THAT THE APPLICANT LEADS. INVESTING THESE FUNDS INTO THE ORGANIZATION OFTEN CREATES EXPANSION THROUGH HIRING OF EMPLOYEES, ACCESS TO ACCELERATOR PROGRAMS FOR ENTREPRENEURSHIP, AND NETWORKS FOR FURTHER FUNDING. 1000 GRETAS ALSO PROVIDES SUPPORT FOR GRANT RECIPIENTS THROUGH MENTORSHIP AND NETWORKING OPPORTUNITIES. ULTIMATELY, THESE INITIATIVES PROVIDED BY 1000 GRETAS ALLOW GRANTEES TO INCREASE THE IMPACT OF THEIR RESPECTIVE ORGANIZATIONS AND THUS BETTER SERVE SOCIETY WITH IDEAS TO MITIGATE AND ADAPT TO CLIMATE CHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Springer President | 3 | $0 | |
Brandon Line Treasurer | 3 | $0 | |
Kaylin Linke Secretary | 3 | $0 | |
Tim Wolters Director | 3 | $0 | |
Oliver Cenedella Director | 3 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,811 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,811 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,500 |
| Professional fees and other payments to independent contractors | $145 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,331 |
| Total expenses | $21,976 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,684 |
| Other assets | $0 |
| Total assets | $68,684 |
| Total liabilities | $4,180 |
| Net assets or fund balances | $64,504 |