Greenest EIN 47-2087001

Greenest

EIN  47-2087001 Public charity (501(c)(3)) Winstonsalem, NC Founded 2014
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Size
$1–10M
What they do
Furnishes homes for individuals moving from homelessness to stable housing.
Leadership
Julia Toone · Executive Director · $78K
Money in and out
$1.1M revenue, $977K expenses
Bottom line
87% program efficiency

Furnishes homes for individuals moving from homelessness to stable housing. For fiscal year 2025 it reported $1.1M in revenue, $977K in expenses, and $1.0M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$977K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $149K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.07 Fundraising $0.06
Program efficiency
87%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
30.7mo
months of highly liquid reserves at operating expense rate▲ +50% vs prior filing year
Surplus margin
+13%
revenue over expenses, this year▲ +452% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.1M
FY2025▲ +13%
Expenses
$977K
FY2025▲ +1%
Total assets
$1.2M
FY2025▲ +29%
Total liabilities
$209K
FY2025▲ +164%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$977K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$149K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

1 program service account for $846K of program spending, described in the organization's own filed words · FY2025.
01

In 2025, greenest added 16 new community agency partners to provide access to quality home furnishings at an affordable cost (finally home program). During 2025, we helped furnish the homes of 356 families, including 60 us veterans.

$846Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGreenest
EINHdr · item D47-2087001
Principal addressHdr · item CWinstonsalem, NC
WebsiteHdr · item Jgreenestws.org
Year of formationHdr · item L2014
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P50)
Ruling yearIRS BMFMar 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
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
Executive Director
$78,405Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Julia Toone’s $78K as Executive Director is at the 17th percentile of top reported officer pay among 3864 $1–10M human services 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Julia Toone$78,405$75,391$71,998$67,909
Julia Toone$65,931$63,860

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.

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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 99%
Investment income$22K · 2%
Contributions & grants99%$1.1M
Investment income2%$22K
Program service revenue$750
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.07 Fundraising $0.06
Program services87%$846K
Management & general7%$69K
Fundraising6%$62K
Total functional expensesLn 25$977K

Balance Sheet

Part X · end of year
CashLn 1$839K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$209K
Total net assetsLn 32$1.0M
Months of cash on handcomputed10.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $840K · Operating expenses (Pt IX) $977K · Less non-cash grants $649K · Cash operating expenses/yr $328K
30.7 months
Where the money goes
Program services
Program services $846K · Total expenses $977K
87%
Management & General
Management & general $69K · Total expenses $977K
7%
Fundraising
Fundraising $62K · Total expenses $977K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $50K · Solicited contributions (3-yr avg) $966K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.1M
99%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $750 · Total revenue $1.1M
0%
Investment reliance
Investment income $22K · Total revenue $1.1M
+2%
Program self-sufficiency
Program service revenue $750 · Total expenses $977K
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $995K
+13%
Revenue CAGR
FY2020 $513K · FY2025 $1.1M
+17%
Net-asset trend (YoY)
End of year $1.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $977K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.0M · Total assets $1.2M
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
0%
People & payroll
Highest Reported Total Compensation
Individual Julia Toone · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $78K · Total expenses $977K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $300K · Total expenses $977K
31%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 7%
Fundraising cost ratio 6%
Revenue growth 13%

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 · FY2024
Total grants receivedfrom 1 funder$7K
Grants paid · 1 grant · $75 · 2021–2021
Unitemized GrantFY2021$75

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.1M revenue · viewing · ⤓ 990 PDF
FY2024$995K revenue · ⤓ 990 PDF
FY2023$781K revenue · ⤓ 990 PDF
FY2022$782K revenue · ⤓ 990 PDF
FY2021$613K revenue · ⤓ 990 PDF
FY2020$513K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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