Is Greene Family Foundation Inc Legit?

The Greene Family Foundation Inc. demonstrates strong financial health with consistent asset growth and minimal liabilities. In 2023, the organization reported revenue of $363,562 against expenses of $29,924, indicating a significant surplus that contributes to its growing asset base of $497,885. This trend of revenue substantially exceeding expenses has been observed in recent years, particularly from 2021 to 2023, suggesting effective financial management and resource accumulation. The foundation's spending efficiency appears very high, with expenses consistently being a small fraction of its revenue, especially in the last three reported periods. For instance, in 2023, expenses were less than 10% of revenue. The absence of reported officer compensation across all filings indicates a commitment to directing resources towards the foundation's mission rather than administrative salaries, which is a positive sign for transparency and donor confidence. The consistent reporting of minimal liabilities further underscores its stable financial position.