2012-11-30T15:54:31-06:00 2011-12-31 112336434 RAICH ENDE MALTER & CO LLP 1375 BROADWAY NEW YORK NY 10018 990 2011-01-01 030419636 GREENGOAT INC GREE 6175042095 PO BOX 441911 SOMERVILLE MA 02144 AMY BAUMAN 6175042095 2012-11-30 P00293702 2129444433 2011 2016-02-24 21:20:13Z AMY BAUMAN 21 MOUNTAIN AVE SOMERVILLE MA 02143 2697246 0 X WWW.GREENGOAT.ORG X 2001 MA GREENGOAT WORKS WITH CONTRACTORS, ARCHITECTS, AND BUILDING OWNERS TO MAXIMIZE RESOURCE CONSERVATION DURING CONSTRUCTION. 2 0 1 0 0 0 539800 2134445 422515 506632 44 54 24715 56115 987074 2697246 503648 2052877 0 0 137420 137326 0 0 262 252102 153085 893170 2343288 93904 353958 382980 387720 877377 528157 -494397 -140437 GREENGOAT WORKS WITH CONTRACTORS, ARCHITECTS, AND BUILDING OWNERS TO MAXIMIZE RESOURCE CONSERVATION DURING CONSTRUCTION. 0 0 2149554 2471911 (HOME TO HOME) WE CONTINUE TO TAKE ON LARGER PROJECTS WITH ESTABLISHED PARTNERSHIPS IN THE AREA OF RESIDENTIAL CONSTRUCTION. WE ARE ABLE TO DO MORE (AND FASTER), THANKS TO OUR WORK IN MARKET DEVELOPMENT LARGELY APARTMENT MANAGERS THAT SUPPORT MULTIPLE UNITS AND NEED A CONSTANT SUPPLY OF QUALITY MATERIALS AT A LOWER PRICE. THE PROGRAM HAS NOW PLACED OVER 700 TONS OF MATERIAL IN REUSE MARKETS, AND AS A RESULT, WE WERE AWARDED A GOLD PRIZE (IN THE FIELD OF REUSE) BY MA RECYCLING ASSOCIATION AT THEIR ANNUAL CONFERENCE. WE STORE VERY LITTLE, TRYING TO PLACE MATERIALS DIRECTLY INTO PROJECTS THAT CAN USE THEM RIGHT AWAY. 97372 117513 (OFFICE TO OFFICE) IN 2011, GREENGOAT SUPPORT THREE COMMERCIAL PROJECTS THROUGH RELATIONSHIPS WITH ARCHITECTS. WE ARE STILL SEEING THE EFFECTS OF THE RECESSION IN COMMERCIAL BUILDING, SO THE PROJECT HAS SHRUNK SIGNIFICANTLY. THE PROJECTS WERE MAINLY CLEAN OUTS OF MISMATCHED OFFICE FURNITURE, OFFICE DOORS, AND FILE CABINETS. 31040 102350 (GREEN BUILDING). OUR CHIEF PROJECT IN THE AREA OF NON-MATERIAL CONSERVATION WAS AN ENERGY EFFICIENCY PROJECT WITH MA DEPT OF ENERGY RESOURCES (DOER), WHERE THE COMMONWEALTH SOUGHT TO GAIN INSIGHT INTO THE INTRA-DAY ENERGY CONSUMPTION OF ITS BUILDINGS THROUGH USE OF EEMS (ENTERPRISE ENERGY MANAGEMENT SOFTWARE). THIS WAS A NATURAL NEXT STEP FROM OUR PREVIOUS PROJECT IN THIS AREA WITH MASS TECH COLLABORATIVE (NOW CEC), WHERE WE TRACKED THE NORMALIZED ENERGY CONSUMPTION OF A LARGE, PRIVATELY HELD PORTFOLIO AND INCORPORATED RENEWABLE ENERGY COMPONENTS TO CURRENT DEVELOPMENT PROJECTS. THE SOFTWARE IS NOW DEPLOYED, AND DOER CAN PRIORITIZE ITS EFFICIENCY UPGRADES WHERE THEY WILL MAKE THE MOST DIFFERENCE. 31429 31429 2309395 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 1 0 X 2 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MA X X GREENGOAT INC 6175042095 PO BOX 441911 SOMERVILLE MA 02144 AMY BAUMAN 60.00 X 320000 0 0 LAUREN BURCHFIELD 0.00 X 0 0 0 320000 0 0 1 0 1 0 0 2134445 2130845 2134445 OFFICE-TO-OFFICE 236000 357275 357275 GREEN BUILDING 236000 102350 102350 HOME-TO-HOME 236000 45007 45007 MARKET DEVELOPMENT 236000 2000 2000 506632 54 54 56115 0 56115 56115 2697246 562747 0 54 2052877 2052877 131705 115254 16305 146 5621 4919 696 6 4833 4833 9806 9806 26884 26632 252 11376 10095 1281 18905 18055 772 78 19566 19285 281 692 692 29118 25257 3829 32 6016 6016 6501 6501 EQUIPMENT RENTAL 10458 10458 REPAIRS AND MAINTENANCE 7846 7687 159 LICENSES AND PERMITS 701 451 250 DUES AND SUBSCRIPTIONS 355 355 28 28 2343288 2309395 33631 262 197848 125423 100450 95908 62360 140328 2957 12712 23032 9683 19365 13349 382980 387720 579206 200319 291171 322838 7000 5000 877377 528157 X -494397 -140437 -494397 -140437 382980 387720 353958 0 X X 0 1 1 X 0 X 145200 141766 129119 196257 2134445 2746787 29376 57243 49923 45415 562747 744704 174576 199009 179042 241672 2697192 3491491 0 0 0 3491491 67 108 64 44 54 337 67 108 64 44 54 337 174643 199117 179106 241716 2697246 3491828 0.99990 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23032 9683 13349 13349 CUSTOMERS DEPOSIT 5000 5000 2697246 2343288 353958 353958 2697246 0 2697246 0 2697246 2343288 0 2343288 0 2343288 PART X LINE 2: CUSTOMER DEPOSITS PART IV LINE F: THE ORGANIZATION DISCLOSE THE FOLLOWING FOOTNOTE IN THE SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: INCOME TAXES - THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAXES. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. 1 BUILDING MATERIALS 46 2052877 APPRAISED VALUE SALVAGE OF MATERIAL 1 X X 0 0 0 0 0 0 0 0 0 AMY BAUMAN 320000 0 0 0 0 0 0 0 0 0 320000 0 0 0 PART I, LINE 3 DURING THE FORMATIVE STAGES OF THE ORGANIZATION, THE EXECUTIVE DIRECTOR AGREED TO DEFER RECEIPT OF COMPENSATION ALLOWING THE ENTITY TO DIRECT CASH FLOWS TO THE ACTIVITIES RELATED TO ITS MISSION. IN THE YEAR 2011, THE ORGANIZATION PAID $320,000 IN ARREARS TO THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR HAS ALSO BEEN CREDITED WITH INTEREST ON THE BALANCE OF UNPAID COMPENSATION. AMY BAUMAN INTEREST ON UNPAID COMPENSATION X 322838 322838 0 1 1 322838 X 31 2130845 APPRAISED VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 ONCE THE DRAFT OF THE 990 IS READY, IT IS EMAILED TO THE PRESIDENT OF THE BOARD FOR REVIEW. ADDITIONALLY, KEY NUMBERS FROM FORM 990 ARE REVIEWED AND INPUT TO THE STATE (MA) REQUIRED ANNUAL FILING, FORM PC. FORM 990, PART VI, SECTION B, LINE 12C IF ANY OFFICER, DIRECTOR, DELEGATE, COUNCIL OR COMMITTEE MEMBER OF THE ORGANIZATION HAS ANY DIRECT OR INDIRECT INTEREST IN, OR RELATIONSHIP WITH, ANY INDIVIDUAL OR ORGANIZATION THAT PROPOSES TO ENTER INTO ANY TRANSACTION WITH THE ORGANIZATION, SUCH PERSON SHALL GIVE NOTICE OF SUCH INTEREST OR RELATIONSHIP AND SHALL THEREAFTER REFRAIN FROM DISCUSSING OR VOTING ON THE PARTICULAR TRANSACTION IN WHICH HE HAS AN INTEREST, OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE ON THE ORGANIZATION, OR ITS COMPONENTS TO AFFECT A DECISION TO PARTICIPATE OR NOT PARTICIPATE IN SUCH TRANSACTION. DURING THE ANNUAL REVIEW OF THE 990 BY THE BOARD OF ADVISORS, THE PRESIDENT INQUIRES TO THE ADVISORS AND DIRECTORS IF THEY HAVE ANY CONFLICT OF INTEREST. NO CONFLICT OF INTEREST WERE IDENTIFIED FOR THE FISCAL YEAR 2011. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY WAS DETERMINED BY THE LETTERS OF INCORPORATION AND IS REVIEWED AND APPORVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, FORM 1023 AND ALL ARTICLES OF ORGANIZATION ARE AVAILABLE THROUGH THE WEBSITE: WWW.GUIDESTAR.COM FORM 990 PART XII LINE 1 THE ORGANIZATION CHANGED ITS ACCOUNTING METHOD TO ACCRUAL BASIS TO COMPLY WITH SFAS 116. THE 2011 NET EFFECT OF CHANGING THE BOOKS FROM CASH BASIS TO ACCRUAL BASIS IS SUMMARIZED AS FOLLOWS: ACCOUNTS RECEIVABLE: $ 225,908 PREPAID EXPENSES: $ 12,712 ACCRUED EXPENSES: -$ 240,498 DUE TO OFFICER: -$ 273,659 OTHER LIABILITIES: -$ 15,634 NET EFFECT: -$ 291,171 FORM 990 PART XII FINANCIAL STATEMENTS AND REPORTING LINE 2C THE ORGANIZATION HAS A BOARD OF ADVISORS THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990 PART VII COMPENSATION OF OFFICERS AND DIRECTORS EXECUTIVE DIRECTOR DEVOTES A SIGNIFICANT AMOUNT OF TIME TO THE AFFAIRS OF THE ORGANIZATION. DURING THE FORMATIVE STAGES OF THE ORGANIZATION, THE EXECUTIVE DIRECTOR AGREED TO DEFER RECEIPT OF COMPENSATION ALLOWING THE ENTITY TO DIRECT CASH FLOWS TO THE ACTIVITIES RELATED TO ITS MISSION. THE EXECUTIVE DIRECTOR HAS BEEN CREDITED WITH INTEREST ON THE BALANCE OF UNPAID COMPENSATION.