GREEN AND GOLD FOUNDATION OF LAKE WALES INC

EIN: 593718203 501(c)(3) Human Services

LAKE WALES, FL

Total Revenue
$76,285
Total Expenses
$93,454
Total Assets
$375,917
Net Assets
$375,208
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
FL
Principal Officer
CLINTON HORNE
Phone
8636798091
Tax Period
2025-01-01 to 2025-12-31

GREEN AND GOLD FOUNDATION OF LAKE WALES INC, founded in 2001, is a micro nonprofit in the Human Services sector that reported $76K in total revenue in fiscal year 2025. Expenses of $93K exceeded revenue, resulting in a 23% operating deficit.

Mission

TO ENHANCE THE LAKE WALES COMMUNITY BY PROVIDING BETTER SOCIAL & HEALTH SERVICES TO ITS PEOPLE, IMPROVING EDUCATIONAL & RECREATIONAL ACTIVITIES FOR ITS YOUTH, HELPING OBTAIN AFFORDABLE HOUSING FOR THE POOR, ELDERLY, & LOW WAGE EARNER, HELPING IMPROVE BLIGHTED CONDITIONS IN THE CITY OF LAKE WALES AND ADJACENT AREA.

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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 $47,444
Program Service Revenue $21,775
Investment Income $6
Other Revenue $7,060
TOTAL REVENUE $76,285

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,776
Fundraising Expenses $0
Program Expenses $81,803
Other Expenses $67,120
TOTAL EXPENSES $93,454

Year-over-Year Comparison

2025 2024 Change
Revenue $76,285 $73,666 +0.0%
Expenses $93,454 $90,155 +0.0%
Net Income $-17,169 $-16,489 +0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
N/A
Employees
8
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
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NARVELL PETERSON PRESIDENT N/A
Officer Director
$0 $0 $0
TERRYE Y HOWELL VICE PRESIDE N/A
Officer Director
$0 $0 $0
IVORY WILSON TREASURER N/A
Officer Director
$0 $0 $0
SARA JONES SECRETARY N/A
Officer Director
$0 $0 $0
ROSCOE WILLIAMS PAST PRESIDE N/A
Officer Director
$0 $0 $0
ALTON NORWOOD DIRECTOR N/A
Director
$0 $0 $0
RODNEY RACKLEY DIRECTOR N/A
Director
$0 $0 $0
RALPH ROBERTS DIRECTOR N/A
Director
$0 $0 $0
C DEMING COWLES ADVISORY BOA N/A
Director
$0 $0 $0
CLINTON HORNE ADVISORY BOA N/A
Director
$0 $0 $0
HOWARD KAY ADVISORY BOA N/A
Director
$0 $0 $0
CAROLYN D PASS MD ADVISORY BOA N/A
Director
$0 $0 $0
BURNEY HAYES DIRECTOR N/A
Director
$0 $0 $0
KAYREEN NEELY SEAR PROGRAM N/A
Director
$0 $0 $0
PATRICIA FORNEY-MCMILLAN EXECUTIVE AS N/A
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 $76,285 $93,454 $375,917 $-17,169
2024 $73,666 $90,155 $393,116 $-16,489
2023 $80,089 $86,579 $410,187 $-6,490
2022 $75,540 $78,993 $416,806 $-3,453
2021 $76,566 $92,142 $420,705 $-15,576
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