AI Transparency Report
Greenhouse Community Center demonstrates generally stable financial health, with revenues consistently covering expenses in most recent years. For example, in 2023, revenue was $132,014 against expenses of $104,094, indicating a surplus. However, there have been periods of deficit spending, such as in 2022 where expenses ($95,163) exceeded revenue ($90,221). The organization's assets have shown growth in recent years, increasing from $178,955 in 2020 to $285,026 in 2023, suggesting prudent financial management and accumulation of resources. Liabilities have fluctuated but remained manageable relative to assets.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, which is a significant positive indicator of resource allocation directly to mission-related activities rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture suggests a lean operation. The organization's consistent filing history (13 filings) indicates a commitment to transparency and compliance with IRS regulations.
Overall, Greenhouse Community Center appears to be a financially sound organization with a strong commitment to its mission, evidenced by its operational surpluses in most years and the absence of executive compensation. Its asset growth and consistent reporting further bolster its financial standing and transparency.