GREENE COUNTY FOUNDATION INC

EIN: 351815060 501(c)(3) Philanthropy & Grantmaking

BLOOMFIELD, IN

Total Revenue
$7,691,076
Total Expenses
$862,832
Total Assets
$21,783,559
Net Assets
$21,487,962
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
IN
Principal Officer
LEE MAY
Phone
8126593142
Tax Period
2024-01-01 to 2024-12-31

GREENE COUNTY FOUNDATION INC, founded in 1990, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $7.7M in total revenue in fiscal year 2024. Revenue surged 654% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.8M, a strong 89% operating margin.

Mission

TO CREATE AND ESTABLISH A FOUNDATION TO FACILITATE THE PURPOSE OF PUBLIC BENEFACTORS AND TO DEVELOP A PLAN OF BENEFACTION AND MAINTAINING A USEFUL TRUST FOR THE BENEFIT OF THE PUBLIC OF GREENE COUNTY, INDIANA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,559,741
Program Service Revenue $16,163
Investment Income $1,092,948
Other Revenue $22,224
TOTAL REVENUE $7,691,076

Expense Breakdown

Grants Paid $551,418
Salaries & Benefits $157,217
Fundraising Expenses $28,935
Program Expenses $719,453
Other Expenses $154,197
TOTAL EXPENSES $862,832

Year-over-Year Comparison

2024 2023 Change
Revenue $7,691,076 $1,020,130 +6.5%
Expenses $862,832 $763,998 +0.1%
Net Income $6,828,244 $256,132 +25.7%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
20

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
5
$72,081
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETH MASON DIRECTOR 0.50
Director
$0 $0 $0
CHERI STONE DIRECTOR 0.50
Director
$0 $0 $0
JOHN CROWE DIRECTOR 0.50
Director
$0 $0 $0
KIMBERLY FRANCIS-PROVO DIRECTOR 0.50
Director
$0 $0 $0
LINDA HASEMAN DIRECTOR 0.50
Director
$0 $0 $0
KARLEY CROSS DIRECTOR 0.50
Director
$0 $0 $0
NANCY ENSTROM PRESIDENT 0.50
Officer Director
$0 $0 $0
STEVE CLARK VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
LEE MAY TREASURER 0.50
Officer Director
$0 $0 $0
STEVE CORBIN SECRETARY 0.50
Officer Director
$0 $0 $0
SUZANNE JACKSON EXECUTIVE DIRECTOR 32.00
Officer
$65,907 $6,174 $72,081
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 $7,691,076 $862,832 $21,783,559 $6,828,244
2023 $1,020,130 $763,998 $14,275,946 $256,132
2022 $2,649,249 $763,910 $13,194,464 $1,885,339
2021 $1,894,714 $727,217 $13,218,634 $1,167,497
2020 $1,058,786 $832,425 $11,695,643 $226,361
2019 $1,619,362 $762,977 $11,183,519 $856,385
2018 $1,765,689 $523,447 $9,513,881 $1,242,242
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