Greene Foundation EIN 31-0886949 Form 990 (PDF) Claim this org

Greene Foundation FY2020 filing

Not yet claimed Claim this org →

Helps donors fulfill wishes and efficiently channel gifts to local hospitals and programs. For fiscal year 2020 it reported $385K in revenue, $547K in expenses, and $4.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Hospitals
Location
Miamisburg, OH
Website
www.ketteringhealth.org
Filings
5 on file (2020–2020)
Revenue
$385KFY2020
Expenses
$547K
Net assets
$4.3M
People
19
Filings
5
Updates
0
More identity details & actions ⌄
EIN  31-0886949 Public charity (501(c)(3)) Miamisburg, OH
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Greene Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Helps donors fulfill wishes and efficiently channel gifts to local hospitals and programs.
Leadership
Burns Terry · COO Kh
Money in and out
$385K revenue, $547K expenses
Bottom line
86% program efficiency
Where the money goes · FY2020
Total revenue
$385K
Pt VIII · Ln 12
Total expenses
$547K
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$162K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.10 Fundraising $0.04
Program efficiency
86%
of spending reaches programs
Operating runway
83.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-42%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$385K
FY2020
Expenses
$547K
FY2020
Total assets
$4.3M
FY2020
Total liabilities
$0
FY2020
Total revenue
$385K
Pt VIII · Ln 12
Total expenses
$547K
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$162K
Total assetsPt X · Ln 16$4.3M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGreene Foundation
EINHdr · item D31-0886949
Principal addressHdr · item CMiamisburg, OH
WebsiteHdr · item Jwww.ketteringhealth.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHospitals (E22I)
Ruling yearIRS BMFMar 1976

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President Gmh/Soin
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Greene Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $470K of program spending, described in the organization's own filed words · FY2020.
01

Greene Foundation contributed $197,961 throughout the year to support Greene Memorial Hospital Inc, Beavercreek Medical Center, and their affiliated programs and facilities.

$470Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$211K · 55%
Investment income$172K · 45%
Program service revenue$3K · 1%
Contributions & grants55%$211K
Investment income45%$172K
Program service revenue1%$3K
Total revenueLn 12$385K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.10 Fundraising $0.04
Program services86%$470K
Management & general10%$54K
Fundraising4%$23K
Total functional expensesLn 25$547K

Balance Sheet

Part X · end of year
CashLn 1$1.0M
Total assetsLn 16$4.3M
Total liabilitiesLn 26$0
Total net assetsLn 32$4.3M
Months of cash on handcomputed22.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.8M · Operating expenses/yr $547K
83.9 months
Where the money goes
Program services
Program services $470K · Total expenses $547K
86%
Management & General
Management & general $54K · Total expenses $547K
10%
Fundraising
Fundraising $23K · Total expenses $547K
4%
Cost to raise $1
Fundraising expense $23K · Solicited contributions $211K
$0.11 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $211K · Total revenue $385K
55%
Government reliance
Government grants — · Total revenue $385K
Earned-income share
Program service revenue $3K · Total revenue $385K
0.7%
Investment reliance
Investment income $172K · Total revenue $385K
+45%
Program self-sufficiency
Program service revenue $3K · Total expenses $547K
0.5%
Growth & trend
Revenue growth (YoY)
This year $385K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $4.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $385K · Expenses $547K
-42%
Liabilities-to-Assets
Total liabilities — · Total assets $4.3M
Net-asset ratio
Net assets $4.3M · Total assets $4.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.3M
65%
People & payroll
Highest Reported Total Compensation
Individual Burns Terry · Reported title COO KH · Highest reported compensation $0 · Total expenses $547K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $315K · Total expenses $547K
58%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 10%
Fundraising cost ratio 11%
Investment management fee ratio 0.1%
Accounting fee ratio 0.2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$17K
Grants paid · 10 grants · $1.5M · 2020–2024
Beavercreek Medical CenterOH · FY2024$184,576
Greene Memorial Hospital INCOH · FY2024$60,894
Beavercreek Medical CenterOH · FY2023$231,497
Greene Memorial Hospital INCOH · FY2023$59,926
Beavercreek Medical CenterOH · FY2022$275,867
Greene Memorial Hospital INCOH · FY2022$77,636
Beavercreek Medical CenterOH · FY2021$325,236
Greene Memorial Hospital INCOH · FY2021$91,565
Greene Memorial Hospital INCOH · FY2020$125,546
Beavercreek Medical CenterOH · FY2020$72,415

Similar Organizations

Closest in mission — by what they do
See all organizations like Greene Foundation →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$322K revenue · ⤓ 990 PDF
FY2023$309K revenue · ⤓ 990 PDF
FY2022$246K revenue · ⤓ 990 PDF
FY2021$452K revenue · ⤓ 990 PDF
FY2020$385K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.