Civic Intelligence

Greenroots Inc.

990 • Fiscal year 2022 • EIN 81-2718273

Jul 01, 2021 to Jun 30, 2022 • Filed on Jun 13, 2023

90 Everett Ave 3rd Floor Ste 10Chelsea, MA 02150

(617) 466-3076

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$6,551,256

Up $3,450,632 (+111%) from 2021

Net Assets

Up

$6,462,365

Up $3,429,870 (+113%) from 2021

Liabilities

Up

$88,891

Up $20,762 (+30%) from 2021

Revenue And Expenses

Revenue

Up

$5,275,498

Up $3,014,450 (+133%) from 2021

Expenses

Up

$1,870,258

Up $66,087 (+3.7%) from 2021

Net Income

Up

$3,405,240

Up $2,948,363 (+645%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2017: $640,573Liabilities 2017: $8,453Net Assets 2017: $632,1202017Assets 2018: $678,671Liabilities 2018: $52,357Net Assets 2018: $626,3142018Assets 2019: $1,208,210Liabilities 2019: $32,963Net Assets 2019: $1,175,2472019Assets 2020: $2,839,985Liabilities 2020: $15,286Net Assets 2020: $2,824,6992020Assets 2021: $3,100,624Liabilities 2021: $68,129Net Assets 2021: $3,032,4952021Assets 2022: $6,591,662Liabilities 2022: $64,512Net Assets 2022: $6,527,1502022Assets 2022: $6,551,256Liabilities 2022: $88,891Net Assets 2022: $6,462,3652022Assets 2023: $9,934,702Liabilities 2023: $548,556Net Assets 2023: $9,386,1462023Assets 2024: $12,659,601Liabilities 2024: $563,238Net Assets 2024: $12,096,3632024Assets 2025: $12,576,223Liabilities 2025: $356,836Net Assets 2025: $12,219,3872025

Highlighted filing

2022

Assets$6,551,256
Liabilities$88,891
Net Assets$6,462,365

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $962,755Expenses 2017: $330,635Net Income 2017: $632,1202017Revenue 2018: $614,997Expenses 2018: $620,803Net Income 2018: -$5,8062018Revenue 2019: $1,396,095Expenses 2019: $847,162Net Income 2019: $548,9332019Revenue 2020: $2,884,926Expenses 2020: $1,235,474Net Income 2020: $1,649,4522020Revenue 2021: $2,261,048Expenses 2021: $1,804,171Net Income 2021: $456,8772021Revenue 2022: $5,316,594Expenses 2022: $1,846,519Net Income 2022: $3,470,0752022Revenue 2022: $5,275,498Expenses 2022: $1,870,258Net Income 2022: $3,405,2402022Revenue 2023: $4,837,536Expenses 2023: $2,220,809Net Income 2023: $2,616,7272023Revenue 2024: $5,563,107Expenses 2024: $2,755,727Net Income 2024: $2,807,3802024Revenue 2025: $4,315,910Expenses 2025: $4,143,913Net Income 2025: $171,9972025

Highlighted filing

2022

Revenue$5,275,498
Expenses$1,870,258
Net Income$3,405,240
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jun 13, 2023
Return Version
2021v4.0
Gross Receipts
$5,306,568
Mission and Program Overview

Mission

Greenroots works to achieve environmental justice and greater quality of life through collective action, unity, education and youth leadership across neighborhoods and communities. We do so through deep community engagement and empowerment, youth leadership and implementation of innovative projects and campaigns.

Greenroots works to achieve environmental justice and greater quality of life through collective action, unity, education and youth leadership across neighborhoods and communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,362,357$3,808,208▲ $1,445,851
Pledges and Grants Receivable$330,200$2,137,354▲ $1,807,154
Cash and Non-Interest-Bearing Accounts$95,845$318,292▲ $222,447
Accounts Receivable$290,924$236,955▼ $53,969
Land, Buildings, and Equipment, Net$7,924$38,392▲ $30,468
Prepaid Expenses and Deferred Charges$9,374$8,055▼ $1,319
Total Assets$3,100,624$6,551,256▲ $3,450,632
Other Assets Total$4,000$4,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$63,379$83,500▲ $20,121
Escrow Account Liability$4,750$5,391▲ $641
Total Liabilities$68,129$88,891▲ $20,762
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,135,405$3,292,015▲ $1,156,610
Net Assets With Donor Restrictions$897,090$3,170,350▲ $2,273,260
Total Net Assets Fund Balance$3,032,495$6,462,365▲ $3,429,870
Total Liabilities and Net Assets / Fund Balance$3,100,624$6,551,256▲ $3,450,632

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$26,232-$26,232
Equipment$12,160$12,862$25,022
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roseann BongiovanniExecutive DiFT$107,953$1,179$109,132
Revenue and Support

Revenue Composition

Contributions and Grants
$4,714,610
Program Service Revenue
$536,386
Investment Income
$8,851
Other Revenue
$15,651
All Other Contributions
$4,447,912
Change in Net Assets
$3,405,240

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,275,498
Revenue Not Reported on Form 990
$24,850
Total Revenue per Audited Statements
$5,300,348
Total Revenue per Form 990
$5,275,498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,442,620
Other Expenses$427,638
Total Fundraising Expense$228,012
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$873,420$98,013$125,715$1,097,148
Current Officers, Directors, Trustees, and Key Employees$39,843$13,281$79,687$132,811
Other Employee Benefits$98,765$5,715$5,387$109,867
Payroll Taxes$88,678$5,374$8,742$102,794
Occupancy$61,430$16,696-$78,126
All Other Expenses$55,662$1,196$265$57,123
Fees for Services Other$30,259$8,991$2,322$41,572
Office Expenses$19,432$9,338$2,292$31,062
Other Expenses$19,718$2,952$1,477$24,147
Conferences and Meetings$15,996$1,624$305$17,925
Information Technology$10,800$5,190$1,274$17,264
Fees for Services Accounting$10,533$3,219$249$14,001
Insurance$1,995$8,230-$10,225
Depreciation Depletion$2,303$1,107$272$3,682
Travel$1,992$81$25$2,098
Total Functional Expenses$1,458,814$183,432$228,012$1,870,258

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,870,478
Expenses per Audited Statements$1,870,258
Total Expenses per Form 990$1,870,258
Expenses Not Reported on Form 990$220
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$31,070
Fundraising Gross Income$19,131
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Evening on the$87,089$11,666$10,468$1,198
Evening on the$82,651$7,465$8,573$-1,108
Total Events$169,740$19,131$31,070$-11,939
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
Backup withholding compliance
No
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 6

The organization has members who are engaged in and oversee the work of the organization. Membership shall be open to all persons and entities who share the goals of the organization and support the implementation of its mission and purpose.

Form 990, Page 6, Part VI, Line 7A

The organization has members who are engaged in and oversee the work of the organization. Member powers include electing the board of directors, approving the annual work program and budget, approving the strategic plan and amending the bylaws.

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

The annual form 990 is distributed to all of the board members for review comment and approval prior to filing.

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

All staff, directors and officers are required to annually disclose any conflicts of interest. The transactions and activities of the organization are monitored on an ongoing basis by management, the board of directors and board appointed committees. Any conflicts that arise are dealt with according to the organization's detailed conflict of interest policies.

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

The compensation of the executive director is set by the organization's board of directors based upon comparable compensation data for the same position for organizations of similar size within our industry.

Form 990, Page 6, Part VI, Line 19

All of the organizations governing documents, policies, and financial statements are made available to the public upon direct request of the organization.

Filing and Contact Details

Filer

Filer Name
Greenroots Inc
EIN
81-2718273
Phone
6174663076
Address
90 EVERETT AVE 3RD FLOOR STE 10, CHELSEA, MA 02150

Signing Officer

Name
Roseann Bongiovanni
Title
Executive Director
Phone
6174663076
Signed
2023-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roseann Bongiovanni
Formed
2016
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
38
Volunteers
2,000

Preparer

Firm
Anstiss & Co Pc
Address
6 OMNI WAY SUITE 201, CHELMSFORD, MA 01824-4141
Preparer
Brendan E Toolin
Phone
9784522500
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

The return is being amended upon completion of its audited financial statements to update financial information in parts i, iii, vii, viii, ix, x, and xi, as well as schedules a, d, and o.

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

Waterfront initiative - greenroots engages dozens of residents in a grassroots effort to revitalize the chelsea creek waterfront. Through this work, we mobilized widespread community engagement in the opposition to the east boston substation; partnered with the boston waterfront partners to bring equity to boston's waterfront; engaged in development discussions regarding key parcels of land in east boston and chelsea; and engaged community members in revitalizing, creating public access to; and being engaged in the redesign of key parcels of land along the chelsea creek and adjacent waterbodies. We also organized weekly caminatas verdes walking groups with east boston residents. Covid-19/equity corps - greenroots played a critical role in addressing the covid-19 pandemic's impact on chelsea. Our work included co-founding and adminstering the one chelsea fund, a cash assistance program for chelsea residents negatively impacted by covid19; creating a new program entitled health equity corps and a related team of vaccine ambassadors who worked to connect residents to information, resources, testing and vaccines and that works to advance health equity policies and programs to dismantle health disparities in chelsea, east boston and beyond; wrote and published a multilingual health equity report; and participated in local and regional coalitions focusing on covid19 impacts and responses. Climate justice / air quality / energy democracy - greenroots works to address climate impacts including heat island effect, flooding and sea level rise throughout chelsea and east boston. Our work also focuses on climate related health impacts including poor air quality and increase respiratory incidents. Our campaigns include launching a cool block initiaitve to implement resident-led solutions to heat island effects; working with c-heat partners to understand residents' perceptions of heat waves personnally and throughout the community; implementing indoor air quality monitoring and air filteration pilot programs; monitoring outdoor air quality and working to share data broadly and accessibly; and proposing new sources of renewable, resilient energy including a community-owned microgrid, solar panels, energy efficiency programs, community choice energy and more.

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 1B

Greenroots is serving as fiscal agent for "the movement" until it receives its tax exempt status. Greenroots has created a seperate bank account and provides accounting for the same. Greenroots is paid an administrative fee of 5% based on total revenue deposited into the account.

Schedule D, Page 2, Part IV, Line 2B

Greenroots is serving as fiscal agent for "the movement" until it receives its tax exempt status. Greenroots has created a seperate bank account and provides accounting for the same. Greenroots is paid an administrative fee of 5% based on total revenue deposited into the account.

Schedule D, Page 3, Part X

The organization, incorporated under chapter 180 of the massachusetts general laws as a tax-exempt entity, has been granted tax-exempt status under internal revenue code section 501(c)(3), and is, therefore, generally exempt from federal and state income taxes. Accordingly, no provision for income taxes has been included in the accompanying financial statements. The organization is required by asc 740-10, "income taxes," to evaluate and disclose tax positions that could have an effect on the organization's financial statements. The organization reports its activities to the internal revenue code and to the commonwealth of massachusetts on an annual basis. These informational returns are generally subject to audit and review by the governmental agencies for a period of three years after filling. Substantially all of the organization's income, expenditures and activities relate to its exempt purpose, therefore, management has determined that the organization is not subject to unrelated business income taxes and will continue to qualify as a tax-exempt not-for-profit entity.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 16,803
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GREENROOTS IS SERVING AS FISCAL AGENT FOR "THE MOVEMENT" UNTIL IT RECEIVES ITS TAX EXEMPT STATUS. GREENROOTS HAS CREATED A SEPERATE BANK ACCOUNT AND PROVIDES ACCOUNTING FOR THE SAME. GREENROOTS IS PAID AN ADMINISTRATIVE FEE OF 5% BASED ON TOTAL REVENUE DEPOSITED INTO THE ACCOUNT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GREENROOTS IS SERVING AS FISCAL AGENT FOR "THE MOVEMENT" UNTIL IT RECEIVES ITS TAX EXEMPT STATUS. GREENROOTS HAS CREATED A SEPERATE BANK ACCOUNT AND PROVIDES ACCOUNTING FOR THE SAME. GREENROOTS IS PAID AN ADMINISTRATIVE FEE OF 5% BASED ON TOTAL REVENUE DEPOSITED INTO THE ACCOUNT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX-EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED BY ASC 740-10, "INCOME TAXES," TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE CODE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILLING. SUBSTANTIALLY ALL OF THE ORGANIZATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 1B
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 3, PART X
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