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Nonprofit · EIN 83-2070372

GREEN THUMB INITIATIVE

Also known as GTI

Tax-exempt · CANON CITY, CO 81212

Financials

$549K$499K2024
Revenue Expenses · by fiscal year end
Financials of GREEN THUMB INITIATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$549,114$499,054$50,060$154,272$5,699$148,573
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$96,696
Program service revenue
$452,374
Investment income
$44
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$195,151
Other salaries and wages
$155,128
Salaries, compensation and benefits (total)
$391,544
Professional fundraising fees
$0
Accounting fees
$9,193
Program services (functional)
$268,823
Management and general (functional)
$230,231

Balance sheet and other

Total assets, start of year
$100,447
Total assets, end of year
$154,272
Total liabilities, end of year
$5,699
Net assets, end of year
$148,573
Net assets without donor restrictions
$148,573
Gross receipts
$549,114
Employees
8
Volunteers
5
Year formed
2019
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Brian MonahanCEO
Officer
40$99,832
Robin MoutrayPresident
Trustee or director, Officer
5$0
Marry YangVice President
Trustee or director, Officer
5$0
Misty McCullahSecretary
Trustee or director, Officer
5$0
Christopher ParkerDirector
Trustee or director
5$0

Address and contacts

Address (IRS master file)
1012 MAIN ST, CANON CITY, CO 81212-3465
In care of
% EVGUENIA LUBENOVA GUENTCHEVA
Mailing address (990-N for 2018)
1012 Main ST, Canon City CO 81212
Principal officer (990 for 2024)
Brian Monahan, 1012 Main Street, Canon City, CO 81212
Principal officer (990-N for 2018)
Brian Monahan, 1122 15th ST Unit 1102, Canon City CO 81212
Signed the 990
Brian Monahan, CEO
Phone
(719) 406-8073
Return prepared by
Lenny Merriam CPA

Mission

The Organization is a community non-profit organization addressing the health needs through education, behavioral prevention, and therapeutic horticulture.

990 for the year ended December 31, 2024

Program accomplishments

  • The Organization is a community non-profit organization addressing the health needs through education, behavioral prevention, and therapeutic horticulture.
    Expenses $268,823

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-2070372
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B80)
Assets (IRS master file)
$154,272
Income (IRS master file)
$549,114

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$486,893$448,625$100,447IRS
990December 2022$356,410$438,032$61,365IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-N for 2018
Officer: Brian Monahan
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about GREEN THUMB INITIATIVE

What is the EIN of GREEN THUMB INITIATIVE?
The employer identification number (EIN) of GREEN THUMB INITIATIVE is 83-2070372.
Is GREEN THUMB INITIATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to GREEN THUMB INITIATIVE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREEN THUMB INITIATIVE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREEN THUMB INITIATIVE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREEN THUMB INITIATIVE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GREEN THUMB INITIATIVE?
The 990 for the year ended December 31, 2024 names Brian Monahan.
Who are the officers and directors of GREEN THUMB INITIATIVE?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $99,832 (Brian Monahan, CEO).
How much revenue does GREEN THUMB INITIATIVE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $549,114, expenses of $499,054 and total assets of $154,272 at year end.

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