CHAD GREENWAY FOUNDATION

EIN: 261782419 501(c)(3) Youth Development

COVINGTON, KY

Total Revenue
$477,596
Total Expenses
$419,097
Total Assets
$104,145
Net Assets
$104,145
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
SD
Principal Officer
CHAD GREENWAY
Phone
8597463431
Tax Period
2023-01-01 to 2023-12-31

CHAD GREENWAY FOUNDATION, founded in 2008, is a small nonprofit in the Youth Development sector that reported $478K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $419K left a modest 12% surplus.

Mission

THE MISSION OF THE FOUNDATION IS TO ENRICH THE LIVES OF INDIVIDUALS AND FAMILITES IN NEED. THE PRIMARY FOCUS OF THE FOUNDATION IS TO PROVIDE SERIOUSLY ILL AND PHYSICALLY CHALLENGED CHILDREN THROUGHOUT THE TWIN CITIES WITH DAILY SUPPORT AND LIFE-CHANGING EXPERIENCES.

Program Service Accomplishments

Program 1
Expenses: $3,615

TENDHER HEART LUNCHEON - THE TENDHER HEART LUNCHEON IS HOSTED EACH YEAR TO HONOR MOTHERS OF CHRONICALLY AND CRITICALLY ILL CHILDREN FOR THE SACRIFICES THEY MAKE IN CARING FOR THEIR ILL CHILD. THE...

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TENDHER HEART LUNCHEON - THE TENDHER HEART LUNCHEON IS HOSTED EACH YEAR TO HONOR MOTHERS OF CHRONICALLY AND CRITICALLY ILL CHILDREN FOR THE SACRIFICES THEY MAKE IN CARING FOR THEIR ILL CHILD. THE BRUNCH PROVIDES THESE WOMEN WITH THE OPPORTUNITY TO "TAKE A MINUTE" FOR THEMSELVES AND ENJOY EACH OTHER'S COMPANY AND SUPPORT. THE MOTHERS ARE SERVED GOURMET BREAKFAST AND LUNCH DISHES AND ARE SENT HOME WITH A FEW SPECIAL TREATS TO ENJOY.

Program 2
Expenses: $42,947 Revenue: $25,850

REACH CAMP - THIS CAMP IS OPEN TO BOYS AND GIRLS IN THE FOURTH TO NINTH GRADE. CAMPERS WILL BUILD THEIR FOOTBALL KNOWLEDGE ALONG WITH KEY MOTIVATIONAL ELEMENTS NEEDED TO SUCCEED IN ALL ASPECTS OF...

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REACH CAMP - THIS CAMP IS OPEN TO BOYS AND GIRLS IN THE FOURTH TO NINTH GRADE. CAMPERS WILL BUILD THEIR FOOTBALL KNOWLEDGE ALONG WITH KEY MOTIVATIONAL ELEMENTS NEEDED TO SUCCEED IN ALL ASPECTS OF LIFE. THE CAMP FOCUSES ON CHARACTER BUILDING AND TEAM BUILDING.

Program 3
Expenses: $194,372

OTHER PROGRAM EXPENSES TO PROVIDE AID TO INDIVIDUALS AND FAMILIES IN NEED, INCLUDING WITHOUT LIMITATION, FIELD OF DREAMS, CHAD'S LOCKER, AND OTHER GENERAL ASSISTANCE PROGRAMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $125,155
Program Service Revenue $25,850
Investment Income $896
Other Revenue $325,695
TOTAL REVENUE $477,596

Expense Breakdown

Grants Paid $58,750
Salaries & Benefits $0
Fundraising Expenses $144,083
Program Expenses $240,934
Other Expenses $360,347
TOTAL EXPENSES $419,097

Year-over-Year Comparison

2023 2022 Change
Revenue $477,596 $605,053 -0.2%
Expenses $419,097 $653,077 -0.4%
Net Income $58,499 $-48,024 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD GREENWAY PRESIDENT 3.00
Officer Director
$0 $0 $0
JENNIFER GREENWAY VICE PRESIDE 2.00
Officer Director
$0 $0 $0
JEFF RODMAN SECRETARY/TR 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $477,596 $419,097 $104,145 $58,499
2022 $605,053 $653,077 $50,644 $-48,024
2021 $626,723 $667,687 $107,068 $-40,964
2020 $420,862 $476,151 $139,628 $-55,289
2019 $452,515 $461,692 $189,923 $-9,177
2018 $377,791 $409,145 $199,100 $-31,354
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