Civic Intelligence

Greener Pastures Foundation

990 • Fiscal year 2021 • EIN 31-1725746

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 24, 2022

10050 Innovation Drive 100Dayton, OH 45342

(937) 291-6317

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

94th percentile

$639,190

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

92nd percentile

61%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

100th percentile

15239%

Faster revenue growth than 100% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$14,664,457

Up $5,569,018 (+61%) from 2020

Net Assets

Up

$14,664,457

Up $5,615,225 (+62%) from 2020

Liabilities

Down

$0

Down $46,207 (-100%) from 2020

Revenue

Up

$6,658,357

Up $6,614,949 (+15239%) from 2020

Expenses

Up

$78,903

Up $10,015 (+15%) from 2020

Net Income

Up

$6,579,454

Up $6,604,934 (+25922%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2020: $9,095,439Liabilities 2020: $46,207Net Assets 2020: $9,049,2322020Assets 2021: $14,664,457Liabilities 2021: $0Net Assets 2021: $14,664,4572021Assets 2022: $11,172,555Liabilities 2022: $0Net Assets 2022: $11,172,5552022Assets 2023: $11,594,601Liabilities 2023: $79,417Net Assets 2023: $11,515,1842023Assets 2024: $9,353,124Liabilities 2024: $0Net Assets 2024: $9,353,1242024

Highlighted filing

2021

Assets$14,664,457
Liabilities$0
Net Assets$14,664,457

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2020: $43,408Expenses 2020: $68,888Net Income 2020: -$25,4802020Revenue 2021: $6,658,357Expenses 2021: $78,903Net Income 2021: $6,579,4542021Revenue 2022: -$2,429,568Expenses 2022: $20,660Net Income 2022: -$2,450,2282022Revenue 2023: $518,727Expenses 2023: $230,500Net Income 2023: $288,2272023Revenue 2024: $858,856Expenses 2024: $3,014,100Net Income 2024: -$2,155,2442024

Highlighted filing

2021

Revenue$6,658,357
Expenses$78,903
Net Income$6,579,454
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 24, 2022
Return Version
2021v4.2
Gross Receipts
$11,535,661
Mission and Program Overview

Mission

To support charitable activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$104,376$13,448,979▲ $13,344,603
Cash and Non-Interest-Bearing Accounts$641,315$586,024▼ $55,291
Investments Other Securities$7,056,021$452,005▼ $6,604,016
Land, Buildings, and Equipment, Net$1,258,975$177,449▼ $1,081,526
Total Assets$9,095,439$14,664,457▲ $5,569,018
Other Assets Total$34,752$0▼ $34,752
Liabilities
Other Liabilities$46,207$0▼ $46,207
Total Liabilities$46,207$0▼ $46,207
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,049,232$14,664,457▲ $5,615,225
Total Net Assets Fund Balance$9,049,232$14,664,457▲ $5,615,225
Total Liabilities and Net Assets / Fund Balance$9,095,439$14,664,457▲ $5,569,018

Asset Categories

AssetBook ValueDepreciationBasis
Land$177,449-$177,449
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bruce LangosPresident
Martin ClarkTrustee
Michael M ParksTrustee
Zachary GunlockTrustee
Sam WarwarAttorney of Record
Randall L GunlockCEO
Randy HudsonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,957,878
Program Service Revenue
$0
Investment Income
$1,824,817
Other Revenue
$-1,124,338
All Other Contributions
$5,957,878
Change in Net Assets
$6,579,454

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded17$5,957,878Nyse
Total Noncash Contributions17$5,957,878-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$73,500
Other Expenses$5,403
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$73,500--$73,500
Fees for Services Accounting-$2,657-$2,657
Fees for Services Legal-$675-$675
Other Expenses$1,871$200-$200
Total Functional Expenses$75,371$3,532$0$78,903
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
BRIGID'S PATHKettering, OH501 (c)(3)To Further Their Expressed Charitable Purpose$25,000
Friends of Deca (dayton Early College Academy)Dayton, OH501 (c)(3)To Further Their Expressed Charitable Purpose$25,000
Big Brothers and Big SistersLebanon, OH501 (c)(3)To Further Their Expressed Charitable Purpose$10,000
The Dayton FoundationDayton, OH501 (c)(3)To Further Their Expressed Charitable Purpose$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Related party information among officers: randall l gunlock, ceo, employer/employee bruce langos, president/employee randy hudson, secretary/treasurer, employee

Form 990, Part VI, Section A, Line 7A

The dayton foundation controls the selection of two of the three trustees and the gunlock family representative controls the selection of the third trustee

Form 990, Part VI, Section B, Line 11B

Members of the governing body are e-mailed a copy of form 990 for review and comment prior to filing the form

Form 990, Part VI, Section B, Line 12C

Each trustee and officer signs an annual conflict of interest disclosure statement. If a conflict occurs,it is addressed in accordance with the policy.

Form 990, Part VI, Section C, Line 19

Copies of documents and financial statements are kept at 10050 innovation drive, suite 100, dayton oh 45342 and copies will be provided upon request.

Filing and Contact Details

Filer

Filer Name
Greener Pastures Foundation
EIN
31-1725746
Phone
9372916317
Address
10050 INNOVATION DRIVE 100, DAYTON, OH 45342

Signing Officer

Name
Bruce Langos
Title
Officer
Phone
9372916317
Signed
2022-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bruce Langos
Formed
2000
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Burris & Company Cpas Inc
Address
4380 TONAWANDA TRAIL, DAYTON, OH 45430
Preparer
Edsell T Burris
Phone
9374271000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There has been no change in the oversight process or selection process from the prior year.

Financial Statement Notes

PART X, LINE 2:

Fin 48 footnote from the audited financial statements of the dayton foundation and related entities: the foundation determines the recognition of uncertain tax positions, if applicable, that may subject the organization to unrelated business income tax by applying a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with tax authorities. Based on its review, management does not believe the foundation has taken any material uncertain tax positions, including any position that would place the foundation's exempt status in jeopardy as of june 30, 2022.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 FOOTNOTE FROM THE AUDITED FINANCIAL STATEMENTS OF THE DAYTON FOUNDATION AND RELATED ENTITIES: THE FOUNDATION DETERMINES THE RECOGNITION OF UNCERTAIN TAX POSITIONS, IF APPLICABLE, THAT MAY SUBJECT THE ORGANIZATION TO UNRELATED BUSINESS INCOME TAX BY APPLYING A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAX AUTHORITIES. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE FOUNDATION'S EXEMPT STATUS IN JEOPARDY AS OF JUNE 30, 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0177449
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt37500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501 (C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501 (C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501 (C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO FURTHER THEIR EXPRESSED CHARITABLE PURPOSE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO FURTHER THEIR EXPRESSED CHARITABLE PURPOSE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO FURTHER THEIR EXPRESSED CHARITABLE PURPOSE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO FURTHER THEIR EXPRESSED CHARITABLE PURPOSE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BIG BROTHERS AND BIG SISTERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FRIENDS OF DECA (DAYTON EARLY COLLEGE ACADEMY)
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BRIGID'S PATH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3THE DAYTON FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0310959450
IRS990ScheduleI/RecipientTable/RecipientEIN1260463618
IRS990ScheduleI/RecipientTable/RecipientEIN2471200761
IRS990ScheduleI/RecipientTable/RecipientEIN3316027287
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01073 OREGONIA RD SUITE B
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1300 COLLEGE PARK
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23601 S DIXIE HWY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt340 N MAIN STREET SUITE 500
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LEBANON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1DAYTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2KETTERING
IRS990ScheduleI/RecipientTable/USAddress/CityNm3DAYTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1OH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2OH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd045036
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd145469
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd245439
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd345423
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1BOOK
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc2BOOK
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc3BOOK
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0123000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0398000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt020564
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt097626
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL M PARKS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0639190
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt017
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0NYSE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt05957878
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RELATED PARTY INFORMATION AMONG OFFICERS: RANDALL L GUNLOCK, CEO, EMPLOYER/EMPLOYEE BRUCE LANGOS, PRESIDENT/EMPLOYEE RANDY HUDSON, SECRETARY/TREASURER, EMPLOYEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DAYTON FOUNDATION CONTROLS THE SELECTION OF TWO OF THE THREE TRUSTEES AND THE GUNLOCK FAMILY REPRESENTATIVE CONTROLS THE SELECTION OF THE THIRD TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE GOVERNING BODY ARE E-MAILED A COPY OF FORM 990 FOR REVIEW AND COMMENT PRIOR TO FILING THE FORM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH TRUSTEE AND OFFICER SIGNS AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. IF A CONFLICT OCCURS,IT IS ADDRESSED IN ACCORDANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPIES OF DOCUMENTS AND FINANCIAL STATEMENTS ARE KEPT AT 10050 INNOVATION DRIVE, SUITE 100, DAYTON OH 45342 AND COPIES WILL BE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE HAS BEEN NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0GPF SUMMIT SQUARE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1YANKEE ROAD ASSOCIATESLTD
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0177449
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt10
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOLD INVESTMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1COMMERCIAL PROPERTY RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0-103667
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt1-9954
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt010050 INNOVATION DRIVE SUITE 100
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt110050 INNOVATION DRIVE SUITE 100
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0DAYTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1DAYTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd045342
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd145342

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