Asphalt Green Inc
Asphalt Green Inc. shows strong revenue growth and no reported officer compensation, maintaining stable financial health.
EIN: 136533158 · New York, NY · NTEE: N31Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34.8M |
| Total Expenses | $30.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $33.5M |
| Net Assets | $29.1M |
| Transparency Score | 88/100 |
Is Asphalt Green Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Asphalt Green Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Asphalt Green Inc
Asphalt Green Inc (EIN: 136533158) is a nonprofit organization based in New York, NY, classified under NTEE code N31Z. The organization reported total revenue of $34.8M and total assets of $44.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asphalt Green Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asphalt Green Inc is a large nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33.6M |
| Total Expenses | $30.1M |
| Surplus / Deficit | +$3.5M |
| Total Assets | $43.7M |
| Total Liabilities | $14.6M |
| Net Assets | $29.1M |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 33.4% |
| Months of Reserves | 17.4 months |
Financial Health Grade: A
In 2023, Asphalt Green Inc reported a surplus of $3.5M with revenue exceeding expenses, holds 17.4 months of operating reserves (strong position), has a debt-to-asset ratio of 33.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Asphalt Green Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.2% | +12.1% | +19.9% |
| 2022 | +69.1% | +31.2% | -8.5% |
| 2021 | -39.9% | -29.3% | +8.0% |
| 2020 | -14.2% | -5.3% | -5.1% |
| 2019 | +6.9% | +5.6% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Asphalt Green Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Asphalt Green Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.4%.
Executive Compensation Analysis
The organization consistently reports 0% for officer compensation across all available filings, which is highly unusual for an organization of its size ($33.5M in revenue) and suggests either volunteer leadership or compensation structured in a way not captured under 'officer compensation' on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Asphalt Green Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (admin/fundraising) in provided data prevents deeper analysis of efficiency ratios.
Strengths
The following positive indicators were identified for Asphalt Green Inc:
- Strong revenue growth, with 202306 revenue at $33,578,688, up from $26,811,644 in 202206.
- Consistent reporting of 0% officer compensation across all filings, indicating a strong commitment to mission over executive pay.
- Positive net income in the latest filing (202306: Revenue $33.5M vs. Expenses $30.0M).
- Healthy asset-to-liability ratio, with assets of $43,695,781 against liabilities of $14,598,457 in 202306.
- Recovery and sustained growth in assets since 2021.
Frequently Asked Questions about Asphalt Green Inc
Is Asphalt Green Inc a legitimate charity?
Asphalt Green Inc (EIN: 136533158) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $34.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Asphalt Green Inc spend its money?
Asphalt Green Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Asphalt Green Inc tax-deductible?
Asphalt Green Inc is registered as a tax-exempt nonprofit (EIN: 136533158). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Asphalt Green Inc CEO make?
Asphalt Green Inc's highest-compensated officer earns $33.5M annually. The organization reported $34.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Asphalt Green Inc's spending goes to programs?
Asphalt Green Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Asphalt Green Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Asphalt Green Inc is above average for NTEE category N31Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Asphalt Green Inc located?
Asphalt Green Inc is headquartered in New York, New York and files with the IRS under EIN 136533158. It is classified under NTEE code N31Z.
How many years of IRS 990 filings does Asphalt Green Inc have?
Asphalt Green Inc has 13 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 $34.8M in total revenue.
Is Asphalt Green Inc. financially stable?
Yes, Asphalt Green Inc. appears financially stable. In the 202306 period, its revenue ($33,578,688) exceeded its expenses ($30,089,554), resulting in a surplus. Its assets ($43,695,781) significantly outweigh its liabilities ($14,598,457), indicating a healthy balance sheet.
How has Asphalt Green Inc.'s revenue trended recently?
Asphalt Green Inc. has shown strong revenue growth in recent years, recovering from a dip in 2021 ($15,850,846). Revenue increased from $26,811,644 in 202206 to $33,578,688 in 202306, demonstrating a robust recovery and expansion.
What is the organization's approach to executive compensation?
The organization consistently reports 0% for officer compensation in all available IRS 990 filings. This indicates either that top officers are volunteers or their compensation is categorized differently, which is a strong positive for transparency and mission focus.
Filing History
IRS 990 filing history for Asphalt Green Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Asphalt Green Inc's revenue has grown by 81.8%, moving from $18.5M to $33.6M. Total assets increased by 15.5% over the same period, from $37.8M to $43.7M. Total functional expenses rose by 71.3%, from $17.6M to $30.1M. In its most recent filing year (2023), Asphalt Green Inc reported a surplus of $3.5M, with revenue exceeding expenses. The organization holds $14.6M in liabilities against $43.7M in assets (debt-to-asset ratio: 33.4%), resulting in net assets of $29.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33.6M | $30.1M | $43.7M | $14.6M | — | — |
| 2022 | $26.8M | $26.8M | $36.4M | $11.7M | — | View 990 |
| 2021 | $15.9M | $20.5M | $39.8M | $16.1M | — | View 990 |
| 2020 | $26.4M | $28.9M | $36.9M | $12.2M | — | View 990 |
| 2019 | $30.8M | $30.5M | $38.9M | $12.1M | — | View 990 |
| 2018 | $28.8M | $28.9M | $35.5M | $10.1M | — | View 990 |
| 2017 | $27.9M | $27.8M | $34.3M | $9.1M | — | View 990 |
| 2016 | $26.9M | $27.9M | $33.0M | $8.6M | — | View 990 |
| 2015 | $27.0M | $28.6M | $33.1M | $8.1M | — | View 990 |
| 2014 | $26.3M | $27.7M | $35.5M | $7.7M | — | View 990 |
| 2013 | $21.6M | $21.8M | $35.7M | $7.6M | — | View 990 |
| 2012 | $19.4M | $20.2M | $34.8M | $6.8M | — | View 990 |
| 2011 | $18.5M | $17.6M | $37.8M | $7.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33.6M, expenses of $30.1M, and assets of $43.7M (revenue +25.2% year-over-year).
- 2022: Revenue of $26.8M, expenses of $26.8M, and assets of $36.4M (revenue +69.1% year-over-year).
- 2021: Revenue of $15.9M, expenses of $20.5M, and assets of $39.8M (revenue -39.9% year-over-year).
- 2020: Revenue of $26.4M, expenses of $28.9M, and assets of $36.9M (revenue -14.2% year-over-year).
- 2019: Revenue of $30.8M, expenses of $30.5M, and assets of $38.9M (revenue +6.9% year-over-year).
- 2018: Revenue of $28.8M, expenses of $28.9M, and assets of $35.5M (revenue +3.0% year-over-year).
- 2017: Revenue of $27.9M, expenses of $27.8M, and assets of $34.3M (revenue +3.9% year-over-year).
- 2016: Revenue of $26.9M, expenses of $27.9M, and assets of $33.0M (revenue -0.6% year-over-year).
- 2015: Revenue of $27.0M, expenses of $28.6M, and assets of $33.1M (revenue +3.0% year-over-year).
- 2014: Revenue of $26.3M, expenses of $27.7M, and assets of $35.5M (revenue +21.5% year-over-year).
- 2013: Revenue of $21.6M, expenses of $21.8M, and assets of $35.7M (revenue +11.2% year-over-year).
- 2012: Revenue of $19.4M, expenses of $20.2M, and assets of $34.8M (revenue +5.2% year-over-year).
- 2011: Revenue of $18.5M, expenses of $17.6M, and assets of $37.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Asphalt Green Inc:
Data Sources and Methodology
This transparency report for Asphalt Green Inc 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.