Totals
- Total revenue
- $1,201,821
- Total expenses
- $1,201,821
- Contributions and grants received
- $1,201,821
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $244,805
- Total liabilities, end of year
- $244,805
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $1,021,821
- Management and general expenses
- $145,600
- Fundraising expenses
- $34,400
- Program service expenses (Part III)
- $1,021,821
Program services were 85.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$80,000
-
1d · Related organizations
$1,121,821
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $948,637 · program services $768,637 · management and general $145,600 · fundraising $34,400
-
8 · Pension plan contributions
total $28,124 · program services $28,124
-
9 · Other employee benefits
total $53,397 · program services $53,397
-
10 · Payroll taxes
total $51,565 · program services $51,565
-
11b · Fees: legal
total $7,309 · program services $7,309
-
11g · Fees: other
total $40,667 · program services $40,667
-
12 · Advertising and promotion
total $592 · program services $592
-
13 · Office expenses
total $61,295 · program services $61,295
-
17 · Travel
total $6,140 · program services $6,140
-
19 · Conferences, conventions and meetings
total $4,095 · program services $4,095
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $140,831
-
4 · Accounts receivable
end of year $103,974
-
17 · Accounts payable and accrued expenses
end of year $244,805
-
27 · Net assets without donor restrictions
end of year $0
-
28 · Net assets with donor restrictions
end of year $0
Mission and programs · 2023
Mission
GREENPATH INNOVATION DESIGN WAS ORGANIZED TO ENGAGE IN RESEARCH, ANALYSIS, AND TESTING THAT WILL LEAD TO BUILDING INNOVATIVE, HUMAN-CENTERED PRODUCTS AND SERVICES TO BENEFIT INDIVIDUALS IN IMPROVING THEIR SOCIAL AND FINANCIAL WELL-BEING. OUR FOCUS WILL BE ON MEETING THE NEEDS OF DIVERSE, UNDERSERVED POPULATIONS AND THE NONPROFIT ORGANIZATIONS THAT SERVE THEM.
Activities or mission (Part I)
TO BUILD INNOVATIVE PRODUCTS & SERVICES TO IMPROVE AN INDIVIDUAL'S SOCIAL AND FINANCIAL WELL-BEING
-
PRODUCT DEVELOPMENT - GREENPATH INNOVATION DESIGN IS FOCUSED ON RESEARCH, ANALYSIS AND TESTING THAT LEADS TO NEW PRODUCTS AND SERVICES FOCUSED ON IMPROVING THE FINANCIAL AND SOCIAL WELL BEING OF UNDERSERVED COMMUNITIES. OUR CURRENT PRIORITIES ARE FOCUSED ON IMPROVING FINANCIAL RESILIENCY AROUND BUILDING SAVINGS, TRANSITIONING PEOPLE FROM DEBT PAYOFF STRATEGIES TO LONGER TERM WEALTH CREATION, AND SUPPORTING PEOPLE IN NAVIGATING TRUSTED FINANCIAL SYSTEMS TO IMPROVE CREDIT.
Expenses $1,021,821
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jane SydlowskiJANE SYDLOWSKI
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Carey PachlaCAREY PACHLA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
May RussellMAY RUSSELL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Luisa SchumacherLUISA SCHUMACHER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Michelle GreeneMICHELLE GREENE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kristen HoltKRISTEN HOLT
PRESIDENT & CEO
- Total calculated
- $536,466
- From this org
- $0
- From related orgs
- $506,998
- Other
- $29,468
- Hours/week
- 8 + 32 related
Schedule J breakdown matched by us
- Base
- $0 + $397,434 related
- Bonus
- $0 + $100,000 related
- Other
- $0 + $9,564 related
- Deferred
- $0 + $15,500 related
- Nontaxable benefits
- $0 + $13,968 related
- Filer's total
- $0 + $536,466 related
-
Richard T HollisRICHARD T HOLLIS
CHIEF FINANCIAL OFFICER
- Total calculated
- $312,903
- From this org
- $0
- From related orgs
- $284,124
- Other
- $28,779
- Hours/week
- 3 + 37 related
Schedule J breakdown matched by us
- Base
- $0 + $232,753 related
- Bonus
- $0 + $51,246 related
- Other
- $0 + $125 related
- Deferred
- $0 + $14,321 related
- Nontaxable benefits
- $0 + $14,458 related
- Filer's total
- $0 + $312,903 related
-
Richard BialobrzeskiRICHARD BIALOBRZESKI
CHIEF BUSINESS DEVELOPMENT OFFICER
- Total calculated
- $309,992
- From this org
- $0
- From related orgs
- $281,526
- Other
- $28,466
- Hours/week
- 8 + 32 related
Schedule J breakdown matched by us
- Base
- $0 + $221,306 related
- Bonus
- $0 + $51,700 related
- Other
- $0 + $8,520 related
- Deferred
- $0 + $14,453 related
- Nontaxable benefits
- $0 + $14,013 related
- Filer's total
- $0 + $309,992 related
-
Michael ShinkonisMICHAEL SHINKONIS
DIRECTOR OF FINANCE AND ACCOUNTING
- Total calculated
- $201,820
- From this org
- $0
- From related orgs
- $178,452
- Other
- $23,368
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $162,220 related
- Bonus
- $0 + $16,232 related
- Other
- $0
- Deferred
- $0 + $9,355 related
- Nontaxable benefits
- $0 + $14,013 related
- Filer's total
- $0 + $201,820 related
-
Bradley O'BrienBRADLEY O'BRIEN
DIRECTOR OF LEARNING AND INNOVATION
- Total calculated
- $159,989
- From this org
- $0
- From related orgs
- $135,719
- Other
- $24,270
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $118,027 related
- Bonus
- $0 + $17,692 related
- Other
- $0
- Deferred
- $0 + $6,976 related
- Nontaxable benefits
- $0 + $17,294 related
- Filer's total
- $0 + $159,989 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE BOARD RELIES ON AN INDEPENDENT, THIRD PARTY COMPENSATION CONSULTANT TO COLLECT COMPARABILITY DATA, ASSESS MARKET TRENDS AND MAKE RECOMMENDATIONS ON THE CEO'S COMPENSATION PACKAGE. THE SAMPLE OF COMPARABLE ORGANIZATIONS IS COMPOSED OF ORGANIZATIONS FROM WHICH GREENPATH, INC. MIGHT RECRUIT A FUTURE CEO OR WHICH MIGHT HAVE AN INTEREST IN TRYING TO RECRUIT GREENPATH, INC.'S CEO AND WHICH ADDITIONALLY ARE LOCATED IN LABOR MARKETS WHERE GREENPATH INC HAS SIGNIFICANT PRESENCE. SPECIFIC DEGREE OF COMPARABILITY IS BASED ON A) GROSS RECEIPTS AND B) TOTAL ASSETS. THE BOARD APPROVAL OF THE PRESIDENT / CEO'S COMPENSATION IS DOCUMENTED IN THE BOARD MINUTES.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · COUNSELING · MI
-
HOMEOWNERSHIP PRESERVATION FOUNDATION
501(C)(3) · HOUSING · MN
Directly controlled by GREENPATH INC
-
501(C)(3) · DEBT RESTRUCTURING, FINANCIAL EDUCATION, TAX RETURN PREPARATION · MT
Directly controlled by GREENPATH INC
-
501(C)(3) · HOUSING, FINANCIAL EDUCATION · PA
Directly controlled by GREENPATH INC
-
501(C)(3) · FINANCIAL CONSULTING SERVICES · PR
Directly controlled by GREENPATH INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412539349301456
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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