Civic Intelligence

Green Opportunities Inc

EIN 26-4230288 • 501(c)3 • Asheville, NC

Profile

Green Opportunities (GO) connects youth and adults from low-wealth neighborhoods

133 Livingston StreetAsheville, NC 28801

www.greenopportunities.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.54x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

0.68x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

28th percentile

-4.8%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-57%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$295,008

Down $14,847 (-4.8%) from 2019

Liabilities

Up

$454,169

Up $102,865 (+29%) from 2019

Net Assets

Down

-$159,161

Down $117,712 (-284%) from 2019

Revenue

Down

$670,732

Down $900,703 (-57%) from 2019

Expenses

Down

$788,444

Down $999,705 (-56%) from 2019

Net Income

Up

-$117,712

Up $99,002 (+46%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2010: $61,591Liabilities 2010: $55,387Net Assets 2010: $6,2042010Assets 2012: $334,022Liabilities 2012: $75,719Net Assets 2012: $258,3032012Assets 2013: $288,682Liabilities 2013: $197,319Net Assets 2013: $91,3632013Assets 2014: $708,051Liabilities 2014: $108,271Net Assets 2014: $599,7802014Assets 2015: $635,617Liabilities 2015: $90,155Net Assets 2015: $545,4622015Assets 2016: $637,158Liabilities 2016: $132,667Net Assets 2016: $504,4912016Assets 2017: $345,705Liabilities 2017: $195,628Net Assets 2017: $150,0772017Assets 2018: $513,080Liabilities 2018: $337,815Net Assets 2018: $175,2652018Assets 2019: $309,855Liabilities 2019: $351,304Net Assets 2019: -$41,4492019Assets 2020: $295,008Liabilities 2020: $454,169Net Assets 2020: -$159,1612020

Highlighted filing

2020

Assets$295,008
Liabilities$454,169
Net Assets-$159,161

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2010: $409,206Expenses 2010: $405,620Net Income 2010: $3,5862010Expenses 2012: $1,103,4762012Expenses 2013: $1,339,2812013Revenue 2014: $1,715,659Expenses 2014: $1,207,242Net Income 2014: $508,4172014Revenue 2015: $883,502Expenses 2015: $1,000,658Net Income 2015: -$117,1562015Revenue 2016: $915,370Expenses 2016: $1,006,341Net Income 2016: -$90,9712016Revenue 2017: $809,305Expenses 2017: $1,163,719Net Income 2017: -$354,4142017Revenue 2018: $1,915,952Expenses 2018: $1,890,764Net Income 2018: $25,1882018Revenue 2019: $1,571,435Expenses 2019: $1,788,149Net Income 2019: -$216,7142019Revenue 2020: $670,732Expenses 2020: $788,444Net Income 2020: -$117,7122020

Highlighted filing

2020

Revenue$670,732
Expenses$788,444
Net Income-$117,712

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 10, 2021
Return Version
2019v5.0
Gross Receipts
$674,539
Mission and Program Overview

Mission

Green opportunities ("go") connects youth and adults from low-wealth neighborhoods to sustained employment opportunities that support and improve community and environmental health.

Employment training for community and environmental improvement

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$49,634$120,097▲ $70,463
Land, Buildings, and Equipment, Net$111,509$100,709▼ $10,800
Cash and Non-Interest-Bearing Accounts$3,358$35,069▲ $31,711
Accounts Receivable$54,400$26,747▼ $27,653
Prepaid Expenses and Deferred Charges$3,144$3,144→ $0
Savings and Temporary Cash Investments$68,431$2,553▼ $65,878
Total Assets$309,855$295,008▼ $14,847
Other Assets Total$19,379$6,689▼ $12,690
Liabilities
Accounts Payable and Accrued Expenses$184,677$160,998▼ $23,679
Unsecured Notes Loans Payable$166,627$153,952▼ $12,675
Other Liabilities-$139,219-
Total Liabilities$351,304$454,169▲ $102,865
Net Assets / Fund Balance
Net Assets With Donor Restrictions$373,777$373,777→ $0
Net Assets Without Donor Restrictions$-415,226$-532,938▼ $117,712
Total Net Assets Fund Balance$-41,449$-159,161▼ $117,712
Total Liabilities and Net Assets / Fund Balance$309,855$295,008▼ $14,847

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$100,709$216,722$299,431
Compensation and Service Providers

Employees

NameTitleBaseTotal
Tony AshfordBoard Member$3,393$3,393

Board Members and Trustees

NameTitle
Sherman WilliamsChair
Rachel LarsonCo-chair Thr
Brenda GernandtBoard Member
Dewayne BartonBrd Mber Thr
Karen CragnolinBrd Mber Thr
Diane ManceSecretary Th
Larry HaasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$615,541
Program Service Revenue
$56,737
Investment Income
$74
Other Revenue
$-1,620
All Other Contributions
$381,535
Change in Net Assets
$-117,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$504,406
Other Expenses$283,753
Total Fundraising Expense$60,292
Grants and Similar Amounts Paid$285
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$320,388$64,077$42,718$427,183
Fees for Services Other$90,807$4,937$3,292$99,036
Other Employee Benefits$30,710$6,142$4,095$40,947
Office Expenses$27,233$5,447$3,631$36,311
Payroll Taxes$27,207$5,441$3,628$36,276
Occupancy$21,682$4,337$2,891$28,910
Insurance$12,726$4,242-$16,968
Depreciation Depletion$9,180$1,620-$10,800
Fees for Services Accounting-$8,170-$8,170
Interest$3,078$543-$3,621
Other Expenses$2,850--$2,850
Fees for Services Legal-$1,188-$1,188
All Other Expenses$460$128-$588
Grants to Domestic Individuals$285--$285
Travel$150$30$20$200
Conferences and Meetings$186--$186
Advertising$49-$17$66
Total Functional Expenses$621,850$106,302$60,292$788,444
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,807
Fundraising Gross Income$473
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Protection Program$139,219
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The return was prepared by an independent accountant with assistance and oversight by management. Upon completion and review, the return was provided to each voting board member prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest statements are required to be signed by each board member annually. The statements affirm that the policy has been read and either that no conflict of interest exists or discloses any potential conflict.

Form 990, Page 6, Part VI, Line 15A

The board of directors sets the executive directors' salary after a performance review and a check of comparable salary information for nonprofit organizations with similar budgets. Note that for the current fiscal year, the organization did not have a permanent executive director. Various members of the board of directors filled the role at no compensation.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request at the organization's administrative office.

Filing and Contact Details

Filer

Filer Name
Green Opportunities Inc
EIN
26-4230288
Phone
8283984158
Address
133 LIVINGSTON STREET, ASHEVILLE, NC 28801

Signing Officer

Name
Sherman Williams
Title
Chair
Phone
8283984158
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherman Williams
Formed
2009
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
42
Volunteers
30

Preparer

Firm
Carter P C
Address
16 BILTMORE AVE SUITE 200, ASHEVILLE, NC 28801-3617
Preparer
Rufus W Dollar
Phone
8282599900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Green opportunities ("go") ran and completed 3 kitchen ready training programs (1 first tier, 2 2nd tier); helped 32 people in asheville city and additional 10 people outside limits complete job training or be placed in a job. Construction training students completed framing for low income housing. Five students completed their ged. Two students earned their osha certification, one student was assisted with joining a cna class staff and students completed free repairs on 10 homes owned by families who are low income. When the covid-19 pandemic started, the go southside kitchen began serving meals to at risk residents of the public housing authority, haca. Over 25,000 meals were served between march and june 2020. Over the course of the year, go employed go connects youth and adults from low-wealth neighborhoods to sustained employment opportunities that support and improve community and environmental health. Training and placement: the core goal of our trainings is to provide students with the hands on skills and portable technical credentials necessary to find and retain employment. We focus on well paying, sustained employment in jobs that increase community and environmental health. Our targeted curriculum prepares residents for growing industries like green construction, urban agriculture, sustainable landscaping, culinary arts and building science and weatherization.

Form 990, Page 2, Part III, Line 4D

We encourage you to visit our website and review our full 2019 program update. In it, "go" reports the full impact of its programs, messages from leaders, details on revenues and expenditures, and recognition of our wonderful sponsors, partners, and donors. Https://www.greenopportunities.org/documents-reports/

Form 990, Part V

The organization started using a professional employer organization (peo) in 2016 wherein its employees are on lease from the peo. Under this agreement, the organization is not required to submit payroll tax reporting forms.

Form 990, Part IX, Line 11G

Payroll 2,076 415 277 contract trainers 29,702 0 0 youth build stipends 36,419 0 0 other contract 22,610 4,522 3,015 total 90,807 4,937 3,292

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IRS990/OtherExpensesGrp/Desc1CAPACITY BUILDING ACTIV
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IRS990/PrincipalOfficerNm0SHERMAN WILLIAMS
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IRS990/ProgramServiceRevenueGrp/Desc1WOODWORKS
IRS990/ProgramServiceRevenueGrp/Desc2MEAL DONATIONS
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12933
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0WE ENCOURAGE YOU TO VISIT OUR WEBSITE AND REVIEW OUR FULL 2019 PROGRAM UPDATE. IN IT, "GO" REPORTS THE FULL IMPACT OF ITS PROGRAMS, MESSAGES FROM LEADERS, DETAILS ON REVENUES AND EXPENDITURES, AND RECOGNITION OF OUR WONDERFUL SPONSORS, PARTNERS, AND DONORS. HTTPS://WWW.GREENOPPORTUNITIES.ORG/DOCUMENTS-REPORTS/
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IRS990/PYExcessBenefitTransInd0false
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IRS990/PYSalariesCompEmpBnftPaidAmt0891561
IRS990/PYTotalExpensesAmt01788149
IRS990/PYTotalRevenueAmt01571435
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IRS990/QuidProQuoContriDisclInd0true
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IRS990/ReconcilationRevenueExpnssAmt0-117712
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt056737
IRS990/SavingsAndTempCashInvstGrp/BOYAmt068431
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02553
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME 39,892
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01011847
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01199660
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0648124
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt035
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GREEN OPPORTUNITIES ("GO") RAN AND COMPLETED 3 KITCHEN READY TRAINING PROGRAMS (1 FIRST TIER, 2 2ND TIER); HELPED 32 PEOPLE IN ASHEVILLE CITY AND ADDITIONAL 10 PEOPLE OUTSIDE LIMITS COMPLETE JOB TRAINING OR BE PLACED IN A JOB. CONSTRUCTION TRAINING STUDENTS COMPLETED FRAMING FOR LOW INCOME HOUSING. FIVE STUDENTS COMPLETED THEIR GED. TWO STUDENTS EARNED THEIR OSHA CERTIFICATION, ONE STUDENT WAS ASSISTED WITH JOINING A CNA CLASS STAFF AND STUDENTS COMPLETED FREE REPAIRS ON 10 HOMES OWNED BY FAMILIES WHO ARE LOW INCOME. WHEN THE COVID-19 PANDEMIC STARTED, THE GO SOUTHSIDE KITCHEN BEGAN SERVING MEALS TO AT RISK RESIDENTS OF THE PUBLIC HOUSING AUTHORITY, HACA. OVER 25,000 MEALS WERE SERVED BETWEEN MARCH AND JUNE 2020. OVER THE COURSE OF THE YEAR, GO EMPLOYED GO CONNECTS YOUTH AND ADULTS FROM LOW-WEALTH NEIGHBORHOODS TO SUSTAINED EMPLOYMENT OPPORTUNITIES THAT SUPPORT AND IMPROVE COMMUNITY AND ENVIRONMENTAL HEALTH. TRAINING AND PLACEMENT: THE CORE GOAL OF OUR TRAININGS IS TO PROVIDE STUDENTS WITH THE HANDS ON SKILLS AND PORTABLE TECHNICAL CREDENTIALS NECESSARY TO FIND AND RETAIN EMPLOYMENT. WE FOCUS ON WELL PAYING, SUSTAINED EMPLOYMENT IN JOBS THAT INCREASE COMMUNITY AND ENVIRONMENTAL HEALTH. OUR TARGETED CURRICULUM PREPARES RESIDENTS FOR GROWING INDUSTRIES LIKE GREEN CONSTRUCTION, URBAN AGRICULTURE, SUSTAINABLE LANDSCAPING, CULINARY ARTS AND BUILDING SCIENCE AND WEATHERIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WE ENCOURAGE YOU TO VISIT OUR WEBSITE AND REVIEW OUR FULL 2019 PROGRAM UPDATE. IN IT, "GO" REPORTS THE FULL IMPACT OF ITS PROGRAMS, MESSAGES FROM LEADERS, DETAILS ON REVENUES AND EXPENDITURES, AND RECOGNITION OF OUR WONDERFUL SPONSORS, PARTNERS, AND DONORS. HTTPS://WWW.GREENOPPORTUNITIES.ORG/DOCUMENTS-REPORTS/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION STARTED USING A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) IN 2016 WHEREIN ITS EMPLOYEES ARE ON LEASE FROM THE PEO. UNDER THIS AGREEMENT, THE ORGANIZATION IS NOT REQUIRED TO SUBMIT PAYROLL TAX REPORTING FORMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH ASSISTANCE AND OVERSIGHT BY MANAGEMENT. UPON COMPLETION AND REVIEW, THE RETURN WAS PROVIDED TO EACH VOTING BOARD MEMBER PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICT OF INTEREST STATEMENTS ARE REQUIRED TO BE SIGNED BY EACH BOARD MEMBER ANNUALLY. THE STATEMENTS AFFIRM THAT THE POLICY HAS BEEN READ AND EITHER THAT NO CONFLICT OF INTEREST EXISTS OR DISCLOSES ANY POTENTIAL CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS SETS THE EXECUTIVE DIRECTORS' SALARY AFTER A PERFORMANCE REVIEW AND A CHECK OF COMPARABLE SALARY INFORMATION FOR NONPROFIT ORGANIZATIONS WITH SIMILAR BUDGETS. NOTE THAT FOR THE CURRENT FISCAL YEAR, THE ORGANIZATION DID NOT HAVE A PERMANENT EXECUTIVE DIRECTOR. VARIOUS MEMBERS OF THE BOARD OF DIRECTORS FILLED THE ROLE AT NO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PAYROLL 2,076 415 277 CONTRACT TRAINERS 29,702 0 0 YOUTH BUILD STIPENDS 36,419 0 0 OTHER CONTRACT 22,610 4,522 3,015 TOTAL 90,807 4,937 3,292
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART V
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
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