Greyston Foundation INC FY2020 filing

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501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$729K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $622K a year · 14% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$729K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
17 mo
of spending, in cash
Plus $8.6M in investments, Pt X · Ln 11–13
Looks good: 17.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $21K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.6M
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 18 voting members
Looks good: 17 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.4M
Spent
$2.7M
To programs
91%
Net assets
$11.6M
By yearFY2020–FY2024
Revenue
$6.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$6.4M
FY2021$5.9M
FY2022$5.5M
FY2023$3.1M
FY2024$898K
Expenses
$2.7M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.7M
FY2021$3.3M
FY2022$5.0M
FY2023$4.5M
FY2024$3.2M
Net assets
$11.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$11.6M
FY2021$19.1M
FY2022$16.9M
FY2023$15.1M
FY2024$13.7M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $2.4M Management & general 6% · $162K Fundraising 3% · $78K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

28 people listed on the 990; $729K paid to officers and key staff.

Part VII, Section A · reportable compensation
President, Eff. 04/01/2020
$214,537Pt VII · Sec A
COO, Thru 05/29/2020
$141,899Pt VII · Sec A
Program Director
$107,145Pt VII · Sec A
Corporate Controller
$106,646Pt VII · Sec A
Program Director
$103,585Pt VII · Sec A
VP of Fin & Ops, Eff. 07/27/2020
$55,059Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Joseph D Kenner’s $238K as President & CEO is at the 99th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Joseph D Kenner$237,706$314,584$307,102$291,831$214,537
Dail Moses-Taylor—$200,000———
Dr Dorothy P Jennings$193,667$184,172$185,325——
Andrew Yu$184,315$163,173———
Julie a Tedford——$150,401$132,479$55,059
Dorothy P Jennings———$144,195—
Lucas Tanner————$141,899
Daisy Pinero—$134,527———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Greyston Foundation INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps businesses adopt inclusive hiring practices and provides workforce development and transitional employment services.

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1 program · $2.4M · in their own filed words · FY2020
01

Greyston unlocks the power of human potential through inclusive employment, one person at a time. We are leading the effort to develop effective solutions that address the underlying causes of employment challenges through our new Greyston Employment Opportunity Center (GEOC.) The GEOC provides services in four areas: Inclusive Hiring…

$2.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 3 grants · $107K · 2020–2022
Unitemized GrantFY2022$5,845
Unitemized GrantFY2021$42,871
Unitemized GrantFY2020$58,337

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$6.4M
Ln 12
Gifts and grantsLn 1h$5.2M
Fees for servicesLn 2g$1.1M
Other incomeLn 4–11$42K
Money outPt IX
$2.7M
Ln 25
Programscol B$2.4M
Managementcol C$162K
Fundraisingcol D$78K
Owns and owesPt X
$11.6M
net assets · Ln 32
Cash and savingsLn 1–2$3.9M
Total assetsLn 16$14.2M
LiabilitiesLn 26$2.6M
PeoplePt VI, VII
28
listed · VII A
PaidVII A6
Voting boardVI 1a18
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.2M
Government grantsLn 1e$908K
Noncash giftsLn 1g$51K
Fundraising eventsLn 1c$52K
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$2K
Other incomeLn 4–11$42K
Gains on assetsLn 7$1K
Total revenueLn 12$6.4M
Assets in detailPt X, end of year
CashLn 1$2K
SavingsLn 2$3.9M
Cash and savings togetherLn 1–2$3.9M
InvestmentsLn 11–13$8.6M
Land, buildings, equipmentLn 10c$328K
Other assetsLn 15$194K
Total assetsLn 16$14.2M
LiabilitiesLn 26$2.6M
Net assetsLn 32$11.6M
OperationsPt I, VI
EmployeesI 572
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$51K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$849K$3.9M
InvestmentsLn 11–13$7.5M$8.6M
Land, buildings, equipmentLn 10c$346K$328K
Total assetsLn 16$9.8M$14.2M
LiabilitiesLn 26$3.0M$2.6M
Net assetsLn 32$6.8M$11.6M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$58K$58K
Pay of current officers, directors and key staffLn 5$422K$393K$20K$9K
Other salaries and wagesLn 7$1.4M$1.3M$64K$31K
Other employee benefitsLn 9$102K$78K$12K$13K
Payroll taxesLn 10$134K$116K$7K$11K
Management feesLn 11a$61K$53K$3K$5K
Legal feesLn 11b$9K$9K
Accounting feesLn 11c$21K$21K
Other fees for servicesLn 11g$63K$58K$4K$266
Office expensesLn 13$156K$133K$15K$7K
OccupancyLn 16$58K$54K$4K
TravelLn 17$4K$4K$427$327
Conferences, conventions and meetingsLn 19$2K$1K$153$118
Depreciation, depletion and amortizationLn 22$18K$15K$4K
InsuranceLn 23$22K$19K$3K
Other expenses (24a–d)Ln 24$173K$168K$4K$2K
All other expensesLn 24e$325$325
Total functional expensesLn 25$2.7M$2.4M$162K$78K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 18, 2025 $898K$3.2M−$2.3M$13.7M 990 PDF
FY2023Filed with the IRS Dec 11, 2024 $3.1M$4.5M−$1.5M$15.1M 990 PDF
FY2022Filed with the IRS Nov 16, 2023 $5.5M$5.0M$484K$16.9M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $5.9M$3.3M$2.7M$19.1M 990 PDF
FY2020 ViewingFiled with the IRS Nov 12, 2021 $6.4M$2.7M$3.7M$11.6M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $6,387,662 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,727,795$5,240,624
I-9 Program service revenuePrior year $876,029$1,103,169
I-10 Investment incomePrior year $102$1,616
I-11 Other revenuePrior year $50,657$42,253
I-12 Total revenuePrior year $2,654,583$6,387,662
I-13 Grants and similar amounts paidPrior year $78,564$58,337
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,174,713$2,022,962
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,306,797$588,545
I-18 Total expensesPrior year $3,560,074$2,669,844
I-19 Revenue less expensesPrior year −$905,491$3,717,818
Part VI · Governance 17 of 18 board members independent, 1 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members17
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $6,387,662 across 12 lines filed
VIII-1c Fundraising events$51,576
VIII-1d Related organizations$2,000,000
VIII-1e Government grants$907,808
VIII-1f All other contributions, gifts and grants$2,281,240
VIII-1g Noncash contributions (included above)$51,063
VIII-1h Total contributions, gifts and grants$5,240,624
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,103,169$1,103,169
VIII-3 Investment incomeExcluded from tax $216$216
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,400$1,400
VIII-8 Net income from fundraising eventsExcluded from tax −$348−$348
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $42,601$42,601
VIII-12 Total revenueRelated to mission $1,103,169 · Unrelated business $0 · Excluded from tax $43,869$6,387,662
Part IX · Statement of functional expenses $2,669,844 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $58,337$58,337
IX-5 Pay of current officers, directors and key staffPrograms $393,246 · Management $19,722 · Fundraising $9,487$422,455
IX-7 Other salaries and wagesPrograms $1,269,818 · Management $63,687 · Fundraising $30,632$1,364,137
IX-9 Other employee benefitsPrograms $77,579 · Management $12,365 · Fundraising $12,526$102,470
IX-10 Payroll taxesPrograms $116,307 · Management $7,016 · Fundraising $10,577$133,900
IX-11a Management feesPrograms $53,304 · Management $3,216 · Fundraising $4,847$61,367
IX-11b Legal feesPrograms $8,987$8,987
IX-11c Accounting feesManagement $20,965$20,965
IX-11g Other fees for servicesPrograms $58,326 · Management $4,469 · Fundraising $266$63,061
IX-13 Office expensesPrograms $133,251 · Management $15,190 · Fundraising $7,436$155,877
IX-16 OccupancyPrograms $53,909 · Management $4,343$58,252
IX-17 TravelPrograms $3,592 · Management $427 · Fundraising $327$4,346
IX-19 Conferences, conventions and meetingsPrograms $1,291 · Management $153 · Fundraising $118$1,562
IX-22 Depreciation, depletion and amortizationPrograms $14,728 · Management $3,509$18,237
IX-23 InsurancePrograms $19,281 · Management $3,072$22,353
IX-24 Other expenses (24a–d)Programs $167,996 · Management $3,700 · Fundraising $1,517$173,213
IX-24e All other expensesPrograms $325$325
IX-25 Total functional expensesPrograms $2,430,277 · Management $161,834 · Fundraising $77,733$2,669,844
Part X · Balance sheet $14,230,580 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,500$1,500
X-2 Savings and temporary cash investmentsStart of year $847,453$3,876,834
X-3 Pledges and grants receivableStart of year $981,615$1,172,573
X-4 Accounts receivableStart of year $55,201$34,495
X-9 Prepaid expenses and deferred chargesStart of year $11,489$19,128
X-10c Land, buildings and equipment, netStart of year $346,475$328,238
X-12 Other securitiesStart of year $7,529,239$8,603,649
X-15 Other assetsStart of year $0$194,163
X-16 Total assetsStart of year $9,804,422$14,230,580
X-17 Accounts payable and accrued expensesStart of year $359,941$337,892
X-25 Other liabilitiesStart of year $2,611,949$2,271,014
X-26 Total liabilitiesStart of year $2,971,890$2,608,906
X-27 Net assets without donor restrictionsStart of year $6,832,532$11,621,674
X-32 Total net assets or fund balancesStart of year $6,832,532$11,621,674
X-33 Total liabilities and net assetsStart of year $9,804,422$14,230,580
Part XI · Reconciliation of net assets $11,621,674 net assets at year end
XI-1 Total revenue$6,387,662
XI-2 Total expenses$2,669,844
XI-3 Revenue less expenses$3,717,818
XI-4 Net assets at start of year$6,832,532
XI-8 Prior period adjustments$1,074,324
XI-9 Other changes in net assets−$3,000
XI-10 Net assets at end of year$11,621,674

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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