Quick charity verification for Greenwood (EIN: 10545281)
Verdict: Greenwood appears trustworthy
88/100Mission Score
$160KRevenue
$96KAssets
2Red Flags
3Strengths
Red Flags
Significant increase in liabilities from $5,575 in 202206 to $123,755 in 202306, requiring further clarification.
Fluctuating revenue and expense figures over the past decade, indicating potential variability in funding or program activity.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
Positive net assets and recent growth in assets to $219,290 in 202306.
Generally operates with a surplus, as seen in 202306 (Revenue $165,930 vs. Expenses $140,444).
Spending Breakdown
How Greenwood allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Greenwood
Is Greenwood a legitimate charity?
Based on AI analysis of IRS 990 filings, Greenwood (EIN: 10545281) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 3 strengths noted.
Is Greenwood a good charity to donate to?
Greenwood has a Mission Score of 88/100. Revenue: $160K. Assets: $96K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greenwood?
The Employer Identification Number (EIN) for Greenwood is 10545281. 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 Greenwood spend its money?
Greenwood allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greenwood's tax-exempt status?
You can verify Greenwood's tax-exempt status using EIN 10545281 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
Greenwood demonstrates a generally stable financial position, though with some fluctuations in revenue and expenses over the past decade. In the most recent filing (202306), the organization reported revenue of $165,930 against expenses of $140,444, indicating a surplus for the period. Assets have shown growth, reaching $219,290 in 202306, a significant increase from $75,624 in 202206, while liabilities also increased to $123,755. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency.
The organization's financial health appears to be improving, with a positive net asset position. However, the notable increase in liabilities in the latest period warrants closer examination to understand its nature and potential impact on long-term stability. The absence of reported officer compensation enhances transparency and suggests a volunteer-driven or very lean administrative structure, which can be highly efficient for smaller nonprofits. Overall, Greenwood appears to be a fiscally responsible organization, effectively managing its resources to achieve its objectives.