Civic Intelligence

Greens Do Good Reed

990 • Fiscal year 2022 • EIN 86-3284764

Jul 01, 2021 to Jun 30, 2022 • Filed on Aug 07, 2023

25 Potash RoadOakland, NJ 07436

(201) 644-0760

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.32x

Higher debt load relative to assets than 73% of similar nonprofits.

2022 filings • NTEE J • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

90th percentile

0.60x

Higher debt load relative to revenue than 90% of similar nonprofits.

2022 filings • NTEE J • $1M-$5M nonprofits • Source year 2022

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2022 filings • NTEE J • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

77th percentile

$209,260

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 24.8% of source-year revenue.

2022 filings • NTEE J • $1M-$5M nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$1,605,660

No earlier filing loaded for comparison.

Net Assets

$1,095,232

No earlier filing loaded for comparison.

Liabilities

$510,428

No earlier filing loaded for comparison.

Revenue

$845,368

No earlier filing loaded for comparison.

Expenses

$666,519

No earlier filing loaded for comparison.

Net Income

$178,849

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2022: $1,605,660Liabilities 2022: $510,428Net Assets 2022: $1,095,2322022Assets 2023: $1,084,180Liabilities 2023: $264,932Net Assets 2023: $819,2482023Assets 2024: $1,132,509Liabilities 2024: $449,898Net Assets 2024: $682,6112024

Highlighted filing

2022

Assets$1,605,660
Liabilities$510,428
Net Assets$1,095,232

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2022: $845,368Expenses 2022: $666,519Net Income 2022: $178,8492022Revenue 2023: $534,067Expenses 2023: $809,343Net Income 2023: -$275,2762023Revenue 2024: $885,304Expenses 2024: $1,021,030Net Income 2024: -$135,7262024

Highlighted filing

2022

Revenue$845,368
Expenses$666,519
Net Income$178,849
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Aug 7, 2023
Return Version
2021v4.1
Gross Receipts
$845,368
Mission and Program Overview

Mission

To engage exclusively in charitable activities to benefit the lives of teen and adult individuals with autism by providing them with vocational training, paid employment and community integration.

To engage exclusively in charitable activities to benefit the lives of adult individuals with autism by providing them with vocational training, paid employment and community integration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$985,903-
Pledges and Grants Receivable-$466,153-
Cash and Non-Interest-Bearing Accounts-$100,578-
Accounts Receivable-$15,388-
Prepaid Expenses and Deferred Charges-$11,139-
Inventories for Sale or Use-$2,517-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$0$1,605,660▲ $1,605,660
Other Assets Total-$23,982-
Liabilities
Accounts Payable and Accrued Expenses-$280,328-
Mortgage Notes Payable Secured by Investment Property-$230,100-
Total Liabilities$0$510,428▲ $510,428
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$1,093,232-
Net Assets With Donor Restrictions-$2,000-
Total Net Assets Fund Balance$0$1,095,232▲ $1,095,232
Total Liabilities and Net Assets / Fund Balance$0$1,605,660▲ $1,605,660

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$727,965-$727,965
Buildings$455,350-$455,350
Leasehold Improvements$250,906-$250,906
Other Land Buildings$-448,318$448,318-
Compensation and Service Providers

Employees

NameTitleOtherTotal
Michele YavarianCFO$93,410$93,410

Board Members and Trustees

NameTitle
Scott MarshallChairman
Amy Silna SoukasVice President
William SoukasBoard Attorney
Beth PiccianoTrustee
Jill NadisonTrustee
John KeyTrustee
Joseph ForgioneTrustee
Ken NicholsTrustee
Pat CapraTrustee
Susie AronsTrustee
Tim PernettTrustee
Chantelle WalkerCEO
Mark ShanockSecretary
Rick KlinenbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$705,912
Program Service Revenue
$135,375
Investment Income
$275
Other Revenue
$3,806
All Other Contributions
$2,150
Change in Net Assets
$178,849

Audited Revenue Reconciliation

Revenue per Audited Statements
$845,368
Revenue Not Reported on Form 990
$916,383
Total Revenue per Audited Statements
$1,761,751
Total Revenue per Form 990
$845,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$389,097
Salaries, Compensation, and Employee Benefits$277,422
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$189,821$34,584-$224,405
Depreciation Depletion$129,617$32,404-$162,021
Occupancy$71,732$17,965-$89,697
Other Expenses$43,803$6,923-$50,726
Fees for Services Other$2,000$46,002-$48,002
Other Employee Benefits$26,661$4,570-$31,231
Payroll Taxes$17,402$4,384-$21,786
Information Technology$9,886$6,049-$15,935
Insurance$5,560$8,192-$13,752
Travel$2,883$3,359-$6,242
Advertising-$2,521-$2,521
Interest-$201-$201
Total Functional Expenses$499,365$167,154$0$666,519

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$666,519
Total Expenses per Audited Statements$666,519
Total Expenses per Form 990$666,519
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Amy and William Soukas are married. William Soukas, trustee, is the board attorney and the Organization's general counsel.

Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents

This is the first year of operations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Reed autism services, a 501(c)(3), pursuant to a provision of the organization's governing documents, has the right to participate in the organization's governance.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Reed autism services, a 501(c)(3), is the parent of the reed-related entiteis as the sole member of each corporation; it may select and may remove directors, fill vacancies on the board, appoints the president/ chief executive officer for each supported organization, and amendments to the certificate of incorporation or by-laws of the supported organizations required the prior approval of the corporation.

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is distributed to the board and is reviewed and approved by at least one officer of the organization before it is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annual conflict of interest addendum review and signed by board members

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board reviews and approves compensation annually

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board reviews and approves compensation annually

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon Request

Filing and Contact Details

Filer

Filer Name
Greens Do Good Reed
EIN
86-3284764
Phone
2016440760
Address
25 POTASH ROAD, OAKLAND, NJ 07436

Signing Officer

Name
Chantelle Walker
Title
CEO
Signed
2023-08-07
Discuss with paid preparer
Yes

Organization Details

Formed
2021
Legal Domicile
Nj
Voting Board Members
12
Independent Board Members
12
Employees
15
Volunteers
12

Preparer

Firm
Cullari Carrico LLC
Address
55 Lane Road Ste 300, Fairfield, NJ 07004
Preparer
Jason Cullari
Phone
9734063955
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

This is the first year of operations.

Other Changes In Net Assets Or Fund Balances - Other Increases

GAIN ON CASUALTY = $6975

Other Changes In Net Assets Or Fund Balances - Other Increases

Related party contribution from dissolution = $909408

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Related party contribution from dissolut $909408 gain on casualty $6975

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IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0448318
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0985903
IRS990/LandBldgEquipCostOrOtherBssAmt01434221
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ENGAGE EXCLUSIVELY IN CHARITABLE ACTIVITIES TO BENEFIT THE LIVES OF ADULT INDIVIDUALS WITH AUTISM BY PROVIDING THEM WITH VOCATIONAL TRAINING, PAID EMPLOYMENT AND COMMUNITY INTEGRATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0230100
IRS990/NetAssetsOrFundBalancesEOYAmt01095232
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01093232
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt017965
IRS990/OccupancyGrp/ProgramServicesAmt071732
IRS990/OccupancyGrp/TotalAmt089697
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt023982
IRS990/OtherChangesInNetAssetsAmt0916383
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04570
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt026661
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031231
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06923
IRS990/OtherExpensesGrp/ProgramServicesAmt043803
IRS990/OtherExpensesGrp/TotalAmt050726
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03806
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03806
IRS990/OtherRevenueTotalAmt03806
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034584
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0189821
IRS990/OtherSalariesAndWagesGrp/TotalAmt0224405
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04384
IRS990/PayrollTaxesGrp/ProgramServicesAmt017402
IRS990/PayrollTaxesGrp/TotalAmt021786
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0466153
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011139
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CROP SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0135375
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0135375
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0178849
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt067579
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0703912
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0703912
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0275
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0275
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03806
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03806
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0703912
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0703912
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0703912
IRS990ScheduleA/TotalSupportAmt0707993
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0455350
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0455350
IRS990ScheduleD/EquipmentGrp/BookValueAmt0727965
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0727965
IRS990ScheduleD/ExpensesSubtotalAmt0666519
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0250906
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0250906
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-448318
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0448318
IRS990ScheduleD/OtherRevenueAmt0916383
IRS990ScheduleD/RevenueNotReportedAmt0916383
IRS990ScheduleD/RevenueSubtotalAmt0845368
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RELATED PARTY CONTRIBUTION FROM DISSOLUT $909408 GAIN ON CASUALTY $6975
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0985903
IRS990ScheduleD/TotalExpensesPerForm990Amt0666519
IRS990ScheduleD/TotalRevenuePerForm990Amt0845368
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01761751
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0666519
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0189365
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt08446
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt011449
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHANTELLE WALKER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0209260
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This is the first year of operations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Amy and William Soukas are married. William Soukas, trustee, is the board attorney and the Organization's general counsel.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2This is the first year of operations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REED AUTISM SERVICES, A 501(C)(3), PURSUANT TO A PROVISION OF THE ORGANIZATION'S GOVERNING DOCUMENTS, HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REED AUTISM SERVICES, A 501(C)(3), IS THE PARENT OF THE REED-RELATED ENTITEIS AS THE SOLE MEMBER OF EACH CORPORATION; IT MAY SELECT AND MAY REMOVE DIRECTORS, FILL VACANCIES ON THE BOARD, APPOINTS THE PRESIDENT/ CHIEF EXECUTIVE OFFICER FOR EACH SUPPORTED ORGANIZATION, AND AMENDMENTS TO THE CERTIFICATE OF INCORPORATION OR BY-LAWS OF THE SUPPORTED ORGANIZATIONS REQUIRED THE PRIOR APPROVAL OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 990 IS DISTRIBUTED TO THE BOARD AND IS REVIEWED AND APPROVED BY AT LEAST ONE OFFICER OF THE ORGANIZATION BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Annual conflict of interest addendum review and signed by board members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The board reviews and approves compensation annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The board reviews and approves compensation annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Upon Request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10GAIN ON CASUALTY = $6975

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