GREENVILLE RENEWABLE ENERGY EDUCAT… - Form 990 Financial Data

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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

2012

Legal Domicile

Principal Officer

THOMAS F CRONIN

Phone

8645863939

Tax Period

2024-07-01 to 2025-06-30

GREENVILLE RENEWABLE ENERGY EDUCATION NETWORK, founded in 2012, is a mid-sized nonprofit in the Education sector that reported $35.9M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

ESTABLISH IMPROVED SCIENCE AND SUSTAINABILITY LEARNING OPPORTUNITIES THAT STIMULATE SCIENTIFICALLY LITERATE INDIVIDUALS, WORKFORCE, AND LEADERSHIP THROUGH WORLD CLASS AND CHALLENGING SCIENCE TEACHING STANDARDS

Program Service Accomplishments

Program 1

Expenses: $28,870,907 Revenue: $1,063,623

GLOBAL RENEWABLE ENERGY EDUCATION NETWORK IS A NON-PROFIT ORGANIZATION THAT IS CURRENTLY OPERATING 7 CHARTER SCHOOLS SERVING ABOUT 2700 STUDENTS. THOSE LOCATIONS ARE GREEN GREENVILLE ELEMENTARY...

GLOBAL RENEWABLE ENERGY EDUCATION NETWORK IS A NON-PROFIT ORGANIZATION THAT IS CURRENTLY OPERATING 7 CHARTER SCHOOLS SERVING ABOUT 2700 STUDENTS. THOSE LOCATIONS ARE GREEN GREENVILLE ELEMENTARY SCHOOL, GREEN GREENVILLE MIDDLE SCHOOL, GREEN SPARTANBURG SCHOOL, GREEN MIDLANDS SCHOOL, GREEN UPSTATE HIGH SCHOOL AND GREEN SIMPSONVILLE SCHOOL. THE SPARTANBURG CAMPUS SERVES K5-8 GRADES. THE GREENVILLE ELEMENTARY SCHOOL IS SERVING GRADES K5-5 AND GREEN GREENVILLE MIDDLE SCHOOL SERVES 6-8 GRADES. THE GREEN MIDLANDS SCHOOL SERVES K5-8 GRADES AND IS LOCATED IN IRMO, SC. THE GREEN LOWCOUNTRY SCHOOL IS SERVING GRADES K5-8 AND IS LOCATED IN NORTH CHARLESTON, SC. THE GREEN UPSTATE HIGH SCHOOL IS LOCATED IN MAULDIN, SC AND SERVES GRADES 9-12. THE GREEN SIMPSONVILLE SCHOOL SERVES K5 THROUGH GRADE 3 AND GRADE 6 AND IS LOCATED IN MAULDIN, SC AS WELL.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $34,617,362

Program Service Revenue $1,063,623

Investment Income $257,601

Other Revenue $160

TOTAL REVENUE $35,938,746

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,286,967

Fundraising Expenses $0

Program Expenses $28,870,907

Other Expenses $11,994,049

TOTAL EXPENSES $36,281,016

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,938,746	$30,563,769	+0.2%
Expenses	$36,281,016	$28,359,658	+0.3%
Net Income	$-342,270	$2,204,111	-1.2%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

535

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

$313,498

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IMTIAZ HAQUE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
TRISHKA HORNBECK	BOARD MEMBER	2.00	Director	$0	$0	$0
MANDY TOWNES	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
TRACY KRAMER	BOARD MEMBER	2.00	Director	$0	$0	$0
LAUREL WILES	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHAEL BROWN	BOARD MEMBER	2.00	Director	$0	$0	$0
GARY EVANS	BOARD MEMBER	2.00	Director	$0	$0	$0
STEPHANIE GOTTLER	BOARD MEMBER	2.00	Director	$0	$0	$0
THOMAS CRONIN	EXECUTIVE DIRECTOR	40.00	Officer	$184,895	$15,082	$199,977
HEATHER PLOURDE	DIR OF FINANCE (FORMER)	40.00	Officer	$110,365	$3,156	$113,521
DAWN DEBOER	EMPLOYEE	40.00	Highest	$116,258	$0	$116,258
MIYAH JONES-LEWIS	EMPLOYEE	40.00	Highest	$107,109	$0	$107,109
BOBBY ROLLINS	EMPLOYEE	40.00	Highest	$108,897	$0	$108,897
CATHERINE WATT	EMPLOYEE	40.00	Highest	$116,034	$0	$116,034

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
2025	$35,938,746	$36,281,016	$61,803,332	$-342,270
2024	$30,563,769	$28,359,658	$61,272,327	$2,204,111
2023	$28,513,448	$27,250,623	$60,430,025	$1,262,825
2022	$20,745,255	$23,614,655	$58,829,172	$-2,869,400
2021	$17,750,984	$17,255,516	$26,163,515	$495,468
2020	$15,115,315	$13,240,655	$18,911,169	$1,874,660
2019	$11,385,054	$10,749,526	$15,825,995	$635,528
2018	$9,900,671	$9,054,890	$14,627,430	$845,781

GREENVILLE RENEWABLE ENERGY EDUCATION NETWORK