Green Project INC EIN 72-1259769

Green Project INC

EIN  72-1259769 Public charity (501(c)(3)) New Orleans, LA
Form 990 (PDF) 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 Green Project INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Builds a marketplace for reclaimed materials to foster creative reuse and value.
Leadership
Rosa Acheson · Officer
Money in and out
$446K revenue, $509K expenses
Bottom line
60% program efficiency

Builds a marketplace for reclaimed materials to foster creative reuse and value. For fiscal year 2024 it reported $446K in revenue, $509K in expenses, and $328K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$446K
Pt VIII · Ln 12
Total expenses
$509K
Pt IX · Ln 25
Net assets
$328K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$63K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.35 Fundraising $0.04
Program efficiency
60%
of spending reaches programs▼ -18% vs prior filing year
Operating runway
8.5mo
months of highly liquid reserves at operating expense rate▼ -27% vs prior filing year
Surplus margin
-14%
revenue over expenses, this year▼ -276% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$446K
FY2024▼ -3%
Expenses
$509K
FY2024▲ +20%
Total assets
$495K
FY2024▼ -11%
Total liabilities
$167K
FY2024▲ +3%
Total revenue
$446K
Pt VIII · Ln 12
Total expenses
$509K
Pt IX · Ln 25
Net assets
$328K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$63K
Total assetsPt X · Ln 16$495K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $301K of program spending, described in the organization's own filed words · FY2023.
01

Salvage store- through our salvage store, we reclaim usable building materials and resell them to the community at affordable prices. Materials include doors, windows, light fixtures, plumbing supplies, lumber, bricks and stone, tools and more.

$250Kprogram expense
02

Acquistions- TGPS acquisitions program works to obtain donated building materials from the community. This includes conducting outreach to local individuals and businesses that may have materials to donate. We intake materials via drop-off and through free pick-ups using our truck.

$28Kprogram expense
03

Paint recycling- we operate the first and only paint recycling center in the region. We accept usable LATEX/WATER-BASED paint for recycling year round, alleviating the burden of disposal for both residents and our local department of sanitation.

$23Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGreen Project INC
EINHdr · item D72-1259769
Principal addressHdr · item CNew Orleans, LA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C270)
Ruling yearIRS BMFOct 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Hailey Allison’s $38K as Officer is at the 22nd percentile of top reported officer pay among 1982 $100K–1M 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.

See Green Project INC executive salaries →

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

Statement of Revenue

Part VIII
Program service revenue$406K · 91%
Contributions & grants$22K · 5%
Other revenue$17K · 4%
Program service revenue91%$406K
Contributions & grants5%$22K
Other revenue4%$17K
Total revenueLn 12$446K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.35 Fundraising $0.04
Program services60%$307K
Management & general35%$179K
Fundraising4%$23K
Total functional expensesLn 25$509K

Balance Sheet

Part X · end of year
CashLn 1$359K
Total assetsLn 16$495K
Total liabilitiesLn 26$167K
Total net assetsLn 32$328K
Months of cash on handcomputed8.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $359K · Operating expenses/yr $509K
8.5 months
Where the money goes
Program services
Program services $307K · Total expenses $509K
60%
Management & General
Management & general $179K · Total expenses $509K
35%
Fundraising
Fundraising $23K · Total expenses $509K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $30K
$0.70 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $22K · Total revenue $446K
5%
Government reliance
Government grants — · Total revenue $446K
Earned-income share
Program service revenue $406K · Total revenue $446K
91%
Investment reliance
Investment income $0 · Total revenue $446K
0%
Program self-sufficiency
Program service revenue $406K · Total expenses $509K
80%
Growth & trend
Revenue growth (YoY)
This year $446K · Prior year $460K
-3%
Revenue CAGR
FY2019 $551K · FY2023 $446K
-5%
Net-asset trend (YoY)
End of year $328K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $446K · Expenses $509K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $495K
Net-asset ratio
Net assets $328K · Total assets $495K
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $495K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rosa Acheson · Reported title OFFICER · Highest reported compensation $0 · Total expenses $509K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $325K · Total expenses $509K
64%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 35%
Fundraising cost ratio 101%
Revenue growth -3%
Accounting fee ratio 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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$200

Similar Organizations

Closest in mission — by what they do
See all organizations like Green Project INC →

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)$446K revenue · viewing · ⤓ 990 PDF
FY2023$460K revenue · ⤓ 990 PDF
FY2022$348K revenue · ⤓ 990 PDF
FY2021$449K revenue · ⤓ 990 PDF
FY2020$551K revenue · ⤓ 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) · FY2024IRS
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.