AI Transparency Report
Green Blue Institute demonstrates strong financial health and consistent growth over the past decade. Their revenue has steadily increased from $1,961,258 in 2014 to $8,780,698 in 2023, indicating robust donor support and effective fundraising. The organization consistently operates with a surplus, as seen in 2023 where revenue of $8,780,698 exceeded expenses of $8,381,056, contributing to a healthy growth in assets from $2,231,147 in 2014 to $7,846,751 in 2023. This financial stability suggests a well-managed operation capable of sustaining its programs.
The organization's spending efficiency appears commendable, with a significant portion of expenses likely directed towards program services, given the consistent positive net income. The absence of reported officer compensation across all available filings is a notable indicator of either a volunteer-led executive team or compensation being reported under other expense categories, which warrants further investigation for complete transparency. However, the overall financial trajectory points to a fiscally responsible organization.
Transparency is generally good, with consistent IRS 990 filings available. The lack of reported officer compensation, while potentially positive, could also be a point for deeper inquiry to understand the full picture of executive remuneration. Overall, Green Blue Institute appears to be a financially sound and growing nonprofit.