Quick charity verification for Fort Greene Council Inc (EIN: 112300840)
Verdict: Fort Greene Council Inc appears trustworthy
85/100Mission Score
$10.0MRevenue
$8.9MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure actual executive remuneration or indicate a unique operational model.
Strengths
Consistent revenue growth over the past decade, from $6.1 million in 2015 to over $9 million in 2023.
Strong asset growth, increasing from $2.5 million in 2015 to $9.3 million in 2023, indicating financial stability.
Efficient spending, with expenses closely matching revenue, suggesting effective utilization of funds for programs and operations.
Healthy balance sheet with assets consistently exceeding liabilities.
Spending Breakdown
How Fort Greene Council Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Fort Greene Council Inc
Is Fort Greene Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fort Greene Council Inc (EIN: 112300840) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Fort Greene Council Inc a good charity to donate to?
Fort Greene Council Inc has a Mission Score of 85/100. Revenue: $10.0M. Assets: $8.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fort Greene Council Inc?
The Employer Identification Number (EIN) for Fort Greene Council Inc is 112300840. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Fort Greene Council Inc spend its money?
Fort Greene Council Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fort Greene Council Inc's tax-exempt status?
You can verify Fort Greene Council Inc's tax-exempt status using EIN 112300840 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Fort Greene Council Inc. demonstrates consistent financial growth over the past decade, with revenues increasing from $6.1 million in 2015 to over $9 million in 2023. The organization maintains a healthy financial position, with assets consistently exceeding liabilities, indicating good solvency. For instance, in 2023, assets were $9,321,753 against liabilities of $7,182,458. The organization's spending efficiency appears strong, as total expenses are consistently close to total revenue, suggesting that most funds are being utilized for operations rather than accumulating excessive reserves.
However, a notable aspect of their transparency is the consistent reporting of 0% for officer compensation across all available filings. While this could indicate a volunteer-led executive team or compensation being reported under other categories, it warrants further investigation for complete transparency regarding leadership remuneration. The consistent growth in assets, from $2.5 million in 2015 to $9.3 million in 2023, alongside increasing revenue, suggests a well-managed and expanding operation. The organization's financial health appears robust, but the lack of reported officer compensation is an area for potential clarification.