Greentown Org INC FY2020 filing

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To help innovators and startups on the journey from physical prototype through to commercialization and impact at scale.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$133K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · 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
2 of 5
filings with a surplus
Average deficit $25K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$133K
to officers and key staff · 28% of spending
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$77K
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$312K
Spent
$474K
To programs
63%
Net assets
$217K
By yearFY2020–FY2024
Revenue
$312K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$312K
FY2021$920K
FY2022$939K
FY2023$1.6M
FY2024$1.6M
Expenses
$474K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$474K
FY2021$590K
FY2022$1.2M
FY2023$1.6M
FY2024$1.7M
Net assets
$217K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$217K
FY2021$547K
FY2022$295K
FY2023$281K
FY2024$184K

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 May 2016.

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

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $300K Management & general 28% · $132K Fundraising 9% · $42K

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

11 people listed on the 990; $133K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/Executive Director
$133,066Pt VII · Sec A
Treasurer/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chair/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Clerk/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director (appointed 10/20)
$0Pt VII · Sec A

Laura Teicher’s $179K as President/Executive Director is at the 77th percentile of top reported officer pay among 1851 $1–10M environment 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 · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Laura Teicher$179,299$163,269$138,668$132,428$133,066
Adam Rodrigues$155,209$137,993———
Paul Butler$104,241————
Paul Damian Butler—$102,539———
Anya Losik$93,345$86,988———

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 Greentown Org 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

Guides innovators from prototype to scaled commercial success.

Questions for Greentown Org INC

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1 program · $300K · in their own filed words · FY2020
01

The organization provides initiatives, programs, and partnerships that specifically strengthen regional innovation ecosystems, and which build linkages between local economies within massachusetts and the surrounding region.

$300Kprogram 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
Total grants receivedfrom 1 funder$50K
Grants paid · 26 grants · $312K · 2020–2024
Floe INCFY2024$30,000
Andros Innovations INCFY2024$10,000
Highland Park Technologies INCFY2024$10,000
Evident Battery INCFY2024$10,000
Finiks Forge INCFY2024$10,000
Mantel Capture INCFY2024$9,691
Genwright B CorpFY2024$8,000
Starcube INCFY2024$6,000
Active Surfaces INCFY2024$6,000
Atlas Urban Farms LLCFY2024$6,000
Sedmed INCFY2023$20,000
Spadxtech LLCFY2023$10,000
Individual RecipientFY2023$10,000
Floe INCFY2023$10,000
Individual RecipientFY2023$10,000
Brash Engines INCFY2023$10,000
Robigo INCFY2022$25,000
Atacama Biomaterials INCFY2022$23,000
See all 26 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$312K
Ln 12
Gifts and grantsLn 1h$305K
Fees for servicesLn 2g$6K
Money outPt IX
$474K
Ln 25
Programscol B$300K
Managementcol C$132K
Fundraisingcol D$42K
Owns and owesPt X
$217K
net assets · Ln 32
Cash and savingsLn 1–2$212K
Total assetsLn 16$295K
LiabilitiesLn 26$77K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$305K
Government grantsLn 1e$137K
Fees for servicesLn 2g$6K
Total revenueLn 12$312K
Assets in detailPt X, end of year
CashLn 1$212K
Cash and savings togetherLn 1–2$212K
Pledges and grants receivableLn 3$83K
Total assetsLn 16$295K
LiabilitiesLn 26$77K
Net assetsLn 32$217K
OperationsPt I, VI
EmployeesI 511
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$289K$212K
Total assetsLn 16$289K$295K
LiabilitiesLn 26$0$77K
Net assetsLn 32$289K$217K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$12K$12K
Pay of current officers, directors and key staffLn 5$142K$106K$18K$18K
Other salaries and wagesLn 7$157K$117K$20K$20K
Other employee benefitsLn 9$5K$4K$679$679
Payroll taxesLn 10$24K$18K$3K$3K
Accounting feesLn 11c$19K$19K
Other fees for servicesLn 11g$48K$37K$11K
Advertising and promotionLn 12$57K$57K
Office expensesLn 13$1K$1K
Information technologyLn 14$518$230$288
OccupancyLn 16$1K$1K
TravelLn 17$5K$4K$32
InsuranceLn 23$1K$173$855
Other expenses (24a–d)Ln 24$995$995
Total functional expensesLn 25$474K$300K$132K$42K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 5, 2025 $1.6M$1.7M−$97K$184K 990 PDF
FY2023Filed with the IRS Nov 11, 2024 $1.6M$1.6M$57K$281K 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $939K$1.2M−$252K$295K 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $920K$590K$330K$547K 990 PDF
FY2020 ViewingFiled with the IRS Nov 15, 2021 $312K$474K−$163K$217K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $311,636 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $374,357$305,136
I-9 Program service revenuePrior year $0$6,500
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $374,357$311,636
I-13 Grants and similar amounts paidPrior year $15,000$12,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $253,008$328,914
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $94,536$133,047
I-18 Total expensesPrior year $362,544$474,461
I-19 Revenue less expensesPrior year $11,813−$162,825
Part VI · Governance 8 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
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
Part VIII · Statement of revenue $311,636 across 5 lines filed
VIII-1e Government grants$136,520
VIII-1f All other contributions, gifts and grants$168,616
VIII-1h Total contributions, gifts and grants$305,136
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,500$6,500
VIII-12 Total revenueRelated to mission $6,500 · Unrelated business $0 · Excluded from tax $0$311,636
Part IX · Statement of functional expenses $474,461 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $12,500$12,500
IX-5 Pay of current officers, directors and key staffPrograms $105,596 · Management $18,205 · Fundraising $18,205$142,006
IX-7 Other salaries and wagesPrograms $116,907 · Management $20,167 · Fundraising $20,167$157,241
IX-9 Other employee benefitsPrograms $3,937 · Management $679 · Fundraising $679$5,295
IX-10 Payroll taxesPrograms $18,124 · Management $3,124 · Fundraising $3,124$24,372
IX-11c Accounting feesManagement $18,697$18,697
IX-11g Other fees for servicesPrograms $37,347 · Management $11,124$48,471
IX-12 Advertising and promotionManagement $56,551$56,551
IX-13 Office expensesManagement $1,171$1,171
IX-14 Information technologyPrograms $230 · Management $288$518
IX-16 OccupancyPrograms $1,090$1,090
IX-17 TravelPrograms $4,494 · Management $32$4,526
IX-23 InsurancePrograms $173 · Management $855$1,028
IX-24 Other expenses (24a–d)Management $995$995
IX-25 Total functional expensesPrograms $300,398 · Management $131,888 · Fundraising $42,175$474,461
Part X · Balance sheet $294,824 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $289,407$211,804
X-3 Pledges and grants receivable$83,020
X-16 Total assetsStart of year $289,407$294,824
X-17 Accounts payable and accrued expenses$29,306
X-24 Unsecured notes and loans payable$48,192
X-26 Total liabilitiesStart of year $0$77,498
X-27 Net assets without donor restrictionsStart of year $289,407$217,326
X-32 Total net assets or fund balancesStart of year $289,407$217,326
X-33 Total liabilities and net assetsStart of year $289,407$294,824
Part XI · Reconciliation of net assets $217,326 net assets at year end
XI-1 Total revenue$311,636
XI-2 Total expenses$474,461
XI-3 Revenue less expenses−$162,825
XI-4 Net assets at start of year$289,407
XI-9 Other changes in net assets$90,744
XI-10 Net assets at end of year$217,326

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

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