GREENWOOD RISING INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

SAM COMBS

Phone

5398673173

Tax Period

2023-01-01 to 2023-12-31

GREENWOOD RISING INC, founded in 2020, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $1.3M, a strong 57% operating margin.

Mission

GREENWOOD RISING EDUCATES PEOPLE ABOUT TULSA'S HISTORIC GREENWOOD DISTRICT, THE BLACK WALL STREET MINDSET, AND AMERICA'S HARD RACIAL HISTORY TO INSPIRE THEM TOWARD SOCIAL JUSTICE AND RACIAL RECONCILIATION AT HOME AND BEYOND. THE HISTORY CENTER IS THE ICONIC DESTINATION TO EVOKE THOUGHT AND MOTIVATE CHANGE IN RACE RELATIONS FOR ALL GENERATIONS, BRINGING AN END TO RACIAL VIOLENCE AND CREATING GENERATIONAL WEALTH. GREENWOOD RISING INC. DBA GREENWOOD RISING IS THE LEGACY PROJECT OF THE 1921 TULSA RACE MASSACRE CENTENNIAL COMMISSION (THE "COMMISSION"). THE COMMISSION BEGAN IN 2015 UNDER THE LEADERSHIP OF SENATOR KEVIN MATHEWS, DEDICATED TO A VISION OF A STRONGER AND MORE JUST TULSA. THE COMMISSION SET OUT TO RAISE A TOTAL OF 30 MILLION FOR ITS PROJECTS AND WAS STRUCTURED AS A COMPONENT FUND OF THE TULSA COMMUNITY FOUNDATION ("TCF"), EIN 73- 1554474, A 501(C)(3) PUBLIC CHARITY. THE PRIVATE FUNDS RAISED BY THE COMMISSION WERE DEPOSITED BY TCF AND DISPERSED UNDER DIRECTION OF THE COMMISSION AN

Program Service Accomplishments

Program 1

Expenses: $417,868 Revenue: $494,110

GREENWOOD RISING EXISTS TO EDUCATE THE PEOPLE ABOUT TULSA'S HISTORIC GREENWOOD DISTRICT, THE BLACK WALL STREET MINDSET, AND AMERICA'S HARD RACIAL HISTORY TO INSPIRE THEM TO WORK TOWARD SOCIAL JUSTICE AND RACIAL RECONCILIATION AT HOME AND BEYOND. THIS MISSION IS ACCOMPLISHED FIRST AND FOREMOST BY ENGAGING VISITORS IN AN INTERACTIVE, THOUGHT PROVOKING, AND HISTORICALLY FACTUAL EXPERIENCE INVOLVING PICTURES, VIDEOS, ARTIFACTS, ETC. DOCENTS LEAD GUESTS ON TOURS THROUGH THE HISTORY CENTER AND GUESTS ARE PROVIDED WITH PAMPHLETS THAT ASK CHALLENGING QUESTIONS TO EVOKE THOUGHTFUL ACTIONS WHICH GUESTS ARE ENCOURAGED TO COMMUNICATE VIA THE COMMITMENT WALL. SINCE OPENING ITS DOORS ON AUGUST 4TH, 2021, GREENWOOD RISING HAS WELCOMED NEARLY 60,000 VISITORS FROM AROUND THE GLOBE.

Program 2

Expenses: $36,066

GREENWOOD RISING LAUNCHED A NEW DIGITAL GUIDE ON BLOOMBERG CONNECTS, THE FREE ARTS AND CULTURAL APP CREATED BY BLOOMBERG PHILANTHROPIES. THE BLOOMBERG CONNECTS APP, AVAILABLE FOR DOWNLOAD FROM GOOGLE PLAY OR THE APP STORE, MAKES GREENWOOD RISING ACCESSIBLE FOR EITHER ONSITE OR OFFSITE VISITS THROUGH PHOTO, AUDIO AND VIDEO FEATURES OFFERING INSIGHTS INTO THE HISTORY OF BLACK WALL STREET, THE 1921 TULSA RACE MASSACRE, AND THE CONTINUED ROAD TO RECONCILIATION. USERS OF THE APP ACCESS VIRTUAL REALITY EXPERIENCES THAT SHOWCASE WHAT BLACK WALL STREET WAS LIKE BEFORE THE 1921 MASSACRE. USERS HAVE ACCESS TO GREENWOOD RISING EXHIBITS LIKE THE VIRTUAL BARBERSHOP AND MEET THE EARLY ENTREPRENEURS IN HISTORIC GREENWOOD THROUGH ORAL AND WRITTEN HISTORIES.

Program 3

Expenses: $50,004

GREENWOOD RISING HAS PARTNERED WITH TULSA PUBLIC SCHOOLS ("TPS") TO CURATE CURRICULUM FOR SCHOOL FIELD TRIPS AND BEGAN HOSTING TOURS FOR ALL TPS EIGHTH GRADERS DURING EACH SCHOOL YEAR. THIS...

GREENWOOD RISING HAS PARTNERED WITH TULSA PUBLIC SCHOOLS ("TPS") TO CURATE CURRICULUM FOR SCHOOL FIELD TRIPS AND BEGAN HOSTING TOURS FOR ALL TPS EIGHTH GRADERS DURING EACH SCHOOL YEAR. THIS COLLABORATION COVERS BOTH PEDAGOGY AND THE CURRICULUM TAUGHT IN CLASS BEFORE THE FIELD TRIPS, THE CURRICULUM BASED TOURS GIVEN TO STUDENTS DURING EACH VISIT, AS WELL AS LOGISTICS INCLUDING SCHEDULING, TRANSPORTATION, LUNCHES PROVIDED, ETC. ALTHOUGH THE CURRENT PROGRAM FOCUSES ON TPS EIGHTH GRADE STUDENTS, GREENWOOD RISING LOOKS FORWARD TO WELCOMING OTHER SCHOOL DISTRICTS FROM THE AREA IN THE COMING YEARS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,712,171

Program Service Revenue $494,110

Investment Income $17,155

Other Revenue $39,508

TOTAL REVENUE $2,262,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $375,531

Fundraising Expenses $0

Program Expenses $545,541

Other Expenses $608,590

TOTAL EXPENSES $984,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,262,944	$2,647,063	-0.1%
Expenses	$984,121	$676,588	+0.5%
Net Income	$1,278,823	$1,970,475	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$144,809

Total Directors