Is Greenaway Foundation Legit?

Red Flags

Consistent and significant operational deficits, spending far more than revenue in most years (e.g., $73,018 expenses vs. $23,938 revenue in 202404).
Unusual and consistent reporting of $1 in liabilities across multiple recent filings.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency assessment.
Unknown NTEE code, making it difficult to benchmark against peer organizations.
Dramatic expense spike in 202204 ($390,175) without a corresponding revenue increase or clear explanation.

Spending Breakdown

How Greenaway Foundation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Greenaway Foundation

Is Greenaway Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Greenaway Foundation (EIN: 136160948) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.

Is Greenaway Foundation a good charity to donate to?

Greenaway Foundation has a Mission Score of 45/100. Revenue: $1. Assets: $175K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Greenaway Foundation?

The Employer Identification Number (EIN) for Greenaway Foundation is 136160948. 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 Greenaway Foundation spend its money?

Greenaway Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Greenaway Foundation's tax-exempt status?

You can verify Greenaway Foundation's tax-exempt status using EIN 136160948 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

The Greenaway Foundation exhibits a concerning financial trend, consistently spending significantly more than it generates in revenue. For instance, in the 202404 period, the organization reported $23,938 in revenue against $73,018 in expenses, indicating a substantial deficit. This pattern is not isolated, with similar deficits observed in most recent years, such as $7,256 revenue vs. $57,809 expenses in 202304 and a particularly large deficit in 202204 with $5,755 revenue against $390,175 expenses. While the organization maintains a healthy asset base, reaching $250,510 in 202404, the consistent operational losses raise questions about the sustainability of its funding model and how these deficits are being covered.

The organization's transparency regarding executive compensation is positive, with 0% officer compensation reported across all available filings, suggesting a volunteer-led or very lean leadership structure. However, without detailed breakdowns of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The consistent reporting of $1 in liabilities across recent years is unusual and might warrant further investigation into accounting practices or could indicate a very low debt burden. The lack of an NTEE code also makes it difficult to benchmark its financial performance against similar organizations.

Overall, while the Greenaway Foundation demonstrates a commitment to avoiding executive compensation, its long-term financial viability is questionable given the persistent and significant operational deficits. A clearer picture of how assets are being utilized to cover these deficits and a more detailed breakdown of expenses would enhance transparency and allow for a more thorough assessment of its financial health and spending efficiency.

Verdict: Greenaway Foundation shows mixed signals