Quick charity verification for Greenwich Adult Day Care Trust Fund (EIN: 222894544)
Verdict: Greenwich Adult Day Care Trust Fund shows mixed signals
60/100Mission Score
$2.0MRevenue
$2.2MAssets
3Red Flags
3Strengths
Red Flags
Consistent reporting of 0% for program, administrative, and fundraising expenses raises questions about the actual allocation of funds and operational transparency.
The organization's primary activity appears to be holding assets rather than direct program delivery, as indicated by zero program expenses.
Significant revenue volatility without corresponding expense reporting makes it difficult to assess financial stability and operational efficiency.
Strengths
The organization has shown substantial asset growth, from $747,719 in 2020 to $2,195,048 in 2023, indicating strong financial accumulation.
The consistent reporting of $0 in executive compensation suggests a lean operational structure or a fully volunteer-based leadership.
The trust fund structure may imply a focus on long-term asset management rather than immediate program expenditure.
AI Transparency Report
Greenwich Adult Day Care Trust Fund is a human services nonprofit based in Cos Cob, Connecticut, with reported revenue of $2.0M and assets of $2.2M. Our AI analysis assigns a Mission Score of 60/100 (Good). Executive compensation is consistently reported as $0 across all available filings, suggesting either an all-volunteer board or that compensation is not disclosed in the provided data. Revenue has grown +731% across 13 filing periods.