Overview
What is Greenspaces Inc?
Greenspaces Inc, based in Chattanooga, Tennessee, is a nonprofit organization with a mission to promote and develop environmentally friendly practices in the region. Their primary activity revolves around educating elementary, middle, and high school students in Hamilton County, through the GreenPrix program. This initiative teaches hands-on mechanics, STEM, and teamwork, as students design, build, and race electric cars. Beyond this, Greenspaces Inc also strives to further sustainability in the Chattanooga area by encouraging and implementing environmentally preferable living, working, and building practices. The organization currently employs 35 individuals.
Official website here: www.greenspaceschattanooga.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96%
Greenspaces Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The organization's overall score is based solely on its Accountability & Finance metrics, in which it scored 96%. This rating is indicative of the charity's strong governance practices, transparency, and responsible financial stewardship.
The evaluation highlights that Greenspaces Inc has a fully independent board, with 100% of its members being independent. Furthermore, the organization's financial practices are robust, evidenced by a low liabilities to assets ratio of 7.99% and an impressive program expense ratio of 90.33%. This suggests that the majority of its funds are directed towards its mission-driven programs, showcasing the charity's commitment to its objectives.
While the rating is overwhelmingly positive, it's important to consider that the score is derived solely from the Accountability & Finance beacon. Potential donors and supporters may want to look for additional information about the charity’s programmatic impact and community engagement to get a fuller picture of its overall effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Greenspaces Inc legitimate?
Greenspaces Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenspaces Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $43,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $707,913
For more financial information, click here
Official website here: www.greenspaceschattanooga.org
What is the mission statement of Greenspaces Inc?
Greenspaces Inc is an organization dedicated to promoting and developing environmentally friendly practices for living, working, and building. Their mission is to further sustainability by advocating for and fostering eco-friendly practices within the community. Specifically, they strive to educate students in Hamilton County through the Green Prix program, which teaches hands-on mechanics, STEM, and teamwork by designing, building, and racing electric cars.
Official website here: www.greenspaceschattanooga.org
What is the revenue of Greenspaces Inc?
Greenspaces Inc's revenue in 2023 was $984,881.
Official website here: www.greenspaceschattanooga.org
Who are the executives of Greenspaces Inc and what are their salaries?
The average compensation at Greenspaces Inc during 2023 was $17,072. There are 44 employees and 187 volunteers at Greenspaces Inc.
Here are 14 key members and their salaries:
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Official website here: www.greenspaceschattanooga.org
Where can I find the form 990 for Greenspaces Inc?
Greenspaces Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.greenspaceschattanooga.org
Learn more at the official website: www.greenspaceschattanooga.org
Mission Statement of Greenspaces Inc
Greenspaces Inc, a forward-thinking organization, is dedicated to fostering sustainability within its region by advocating for and developing environmentally friendly practices in living, working, and building. The mission of Greenspaces Inc is to promote and implement sustainable practices, aiming to create a more eco-friendly future for all.
One of the key initiatives of Greenspaces Inc is the Green Prix program. This innovative project is designed to engage elementary, middle, and high school students in Hamilton County, teaching them essential skills in mechanics, STEM, and teamwork, as they design, build, and race electric cars. This hands-on approach not only educates young minds about sustainability but also encourages collaboration and problem-solving skills, preparing them for the future.
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Impact
June, 2024
Greenspaces Inc's impact can be seen in its efforts to further sustainability in the Chattanooga region. By promoting and developing environmentally preferable practices for living, working, and building, Greenspaces is contributing to a more eco-friendly community. One notable initiative is the Green Prix, an electric car design, build, and race event for elementary, middle, and high school students in Hamilton County. This program not only teaches hands-on mechanics, STEM concepts, and teamwork but also instills a sense of environmental responsibility in the next generation. Through activities like the Green Prix and its overall mission, Greenspaces Inc is making a positive impact on the environment and promoting sustainable practices in the Chattanooga area.
This information is meant to be a general summary of Greenspaces Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $13,330
- Program Service Revenue: $281,789
- Gross Receipts: $995,305
Assets and Liabilities:
- Total Assets: $895,427
- Total Liabilities: $71,620
- Net Assets: $823,807
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GENERAL
Revenue
$221,356
GREEN PRIX
Revenue
$32,376
BUILD IT GREEN
Revenue
$28,057
Organization Details
Founding Year
2010
Principal Officer
Becky English
NTEE Category
Code: C60 - Environment
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