Asheville Greenworks
EIN: 561672870 · Asheville, NC
| Metric | Value |
|---|---|
| Total Revenue | $750K |
| Total Expenses | $795K |
| Net Assets | $177K |
Is Asheville Greenworks Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Asheville Greenworks
Asheville Greenworks (EIN: 561672870) is a nonprofit organization based in Asheville, NC. The organization reported total revenue of $750K and total assets of $169K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asheville Greenworks's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asheville Greenworks is a small nonprofit that has been operating for 36 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $757K |
| Total Expenses | $795K |
| Surplus / Deficit | $-37,826 |
| Total Assets | $240K |
| Total Liabilities | $63K |
| Net Assets | $177K |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 26.2% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Asheville Greenworks reported a deficit of $38K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 26.2% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Asheville Greenworks's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.1% | -10.0% | -18.5% |
| 2022 | +4.3% | +57.3% | -14.4% |
| 2021 | +44.1% | -8.8% | +49.0% |
| 2020 | -4.4% | +17.0% | -4.7% |
| 2019 | +28.0% | +24.9% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Asheville Greenworks has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Asheville Greenworks with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.2%.
Frequently Asked Questions about Asheville Greenworks
Is Asheville Greenworks a legitimate charity?
Asheville Greenworks (EIN: 561672870) is a registered tax-exempt nonprofit based in North Carolina. It has 11 years of IRS 990 filings on record. Total revenue: $750K. No red flags identified. Financial health grade: B.
How does Asheville Greenworks spend its money?
Asheville Greenworks reported $750K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Asheville Greenworks tax-deductible?
Asheville Greenworks is registered as a tax-exempt nonprofit (EIN: 561672870). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Asheville Greenworks located?
Asheville Greenworks is headquartered in Asheville, North Carolina and files with the IRS under EIN 561672870.
How many years of IRS 990 filings does Asheville Greenworks have?
Asheville Greenworks has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $750K in total revenue.
Filing History
IRS 990 filing history for Asheville Greenworks showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Asheville Greenworks's revenue has grown by 170.5%, moving from $280K to $757K. Total assets increased by 81.3% over the same period, from $132K to $240K. Total functional expenses rose by 153.3%, from $314K to $795K. In its most recent filing year (2023), Asheville Greenworks reported a deficit of $38K, with expenses exceeding revenue. The organization holds $63K in liabilities against $240K in assets (debt-to-asset ratio: 26.2%), resulting in net assets of $177K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $757K | $795K | $240K | $63K | — | — |
| 2022 | $789K | $883K | $294K | $79K | — | View 990 |
| 2021 | $756K | $562K | $344K | $35K | — | View 990 |
| 2020 | $525K | $616K | $231K | $116K | — | View 990 |
| 2019 | $549K | $526K | $242K | $158K | — | View 990 |
| 2018 | $429K | $421K | $240K | $179K | — | View 990 |
| 2017 | $446K | $553K | $171K | $117K | — | View 990 |
| 2016 | $416K | $477K | $269K | $108K | — | View 990 |
| 2015 | $317K | $287K | $277K | $13K | — | View 990 |
| 2014 | $304K | $208K | $234K | $0 | — | View 990 |
| 2013 | $280K | $314K | $132K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $757K, expenses of $795K, and assets of $240K (revenue -4.1% year-over-year).
- 2022: Revenue of $789K, expenses of $883K, and assets of $294K (revenue +4.3% year-over-year).
- 2021: Revenue of $756K, expenses of $562K, and assets of $344K (revenue +44.1% year-over-year).
- 2020: Revenue of $525K, expenses of $616K, and assets of $231K (revenue -4.4% year-over-year).
- 2019: Revenue of $549K, expenses of $526K, and assets of $242K (revenue +28.0% year-over-year).
- 2018: Revenue of $429K, expenses of $421K, and assets of $240K (revenue -3.8% year-over-year).
- 2017: Revenue of $446K, expenses of $553K, and assets of $171K (revenue +7.2% year-over-year).
- 2016: Revenue of $416K, expenses of $477K, and assets of $269K (revenue +31.2% year-over-year).
- 2015: Revenue of $317K, expenses of $287K, and assets of $277K (revenue +4.4% year-over-year).
- 2014: Revenue of $304K, expenses of $208K, and assets of $234K (revenue +8.4% year-over-year).
- 2013: Revenue of $280K, expenses of $314K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asheville Greenworks:
Data Sources and Methodology
This transparency report for Asheville Greenworks is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.