GREEN CITIES ACCORD

EIN: 471930695 501(c)(3) Environment

Minneapolis, MN

Total Revenue
$450,966
Total Expenses
$537,012
Total Assets
$2,035,389
Net Assets
$1,933,106
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MN
Principal Officer
Todd Wagner
Phone
6122174485
Tax Period
2025-01-01 to 2025-12-31

GREEN CITIES ACCORD, founded in 2014, is a small nonprofit in the Environment sector that reported $451K in total revenue in fiscal year 2025. Expenses of $537K exceeded revenue, resulting in a 19% operating deficit.

Mission

Green Cities Accord is a nonprofit organization dedicated to fostering climate resilient communities through investments in tree canopy infrastructure to improve environmental health, climate resilience, and equity in communities. We focus on securing funding for urban forestry, building public-private partnerships, and supporting municipalities in planting and maintaining trees. Green Cities Accord continues to grow both the Urban Forest Fund and the Urban Tree Carbon Offset Program as new funding mechanisms to address the chronic lack of funding for urban forestry initiatives. The Urban Forest Fund serves as a flexible funding mechanism that channels private and philanthropic investments into tree planting and maintenance efforts,. The Urban Tree Carbon Offset Program allows organizations to reduce their carbon footprint by purchasing verified offsets tied to local tree projects, with revenue reinvested into expanding and preserving the urban forest.

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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 (2025)

Revenue Breakdown

Contributions & Grants $143,260
Program Service Revenue $233,745
Investment Income $73,961
Other Revenue $0
TOTAL REVENUE $450,966

Expense Breakdown

Grants Paid $219,627
Salaries & Benefits $119,300
Fundraising Expenses $42,048
Program Expenses $456,826
Other Expenses $198,085
TOTAL EXPENSES $537,012

Year-over-Year Comparison

2025 2024 Change
Revenue $450,966 $425,247 +0.1%
Expenses $537,012 $368,830 +0.5%
Net Income $-86,046 $56,417 -2.5%
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
9
Independent Members
9
Employees
1
Volunteers
9

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
4
$0
Total Directors
12
$113,389
Key Employees
1
$113,389
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michaela Neu Director of Programs and Operations 40
Director Key Emp Highest
$103,600 $9,789 $113,389
David A Wilson Immediate Past Chair 2
Officer Director
$0 $0 $0
Jay Cowles Director 1
Director
$0 $0 $0
Todd Wagner Treasurer 2
Officer Director
$0 $0 $0
Joseph Peris Director 1
Director
$0 $0 $0
Andy Warczak Chair 2
Officer Director
$0 $0 $0
Curt Trisko Secretary 2
Officer Director
$0 $0 $0
Chris Peter Director 1
Director
$0 $0 $0
Jill Fuller Director 1
Director
$0 $0 $0
Al Bangoura Director, Ex Officio 1
Director
$0 $0 $0
Tim Sexton Director, Ex Officio 1
Director
$0 $0 $0
Deepak Advani Director 1
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
2025 $450,966 $537,012 $2,035,389 $-86,046
2024 $425,247 $368,830 $2,020,012 $56,417
2023 $803,043 $650,382 $2,005,641 $152,661
2022 $628,791 $564,898 $1,874,027 $63,893
2021 $610,185 $439,828 $1,800,606 $170,357
2020 $609,876 $662,710 $1,613,524 $-52,834
2019 $1,581,850 $2,281,572 $2,365,367 $-699,722
2018 $1,849,962 $4,284,173 $2,733,065 $-2,434,211
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