Fort Greene Council Inc
Fort Greene Council Inc. shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 112300840 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.0M |
| Total Expenses | $8.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $9 |
| Net Assets | $2.1M |
| Transparency Score | 85/100 |
Is Fort Greene Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fort Greene Council Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fort Greene Council Inc
Fort Greene Council Inc (EIN: 112300840) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $10.0M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Greene Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Greene Council Inc is a mid-size nonprofit that has been operating for 51 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.0M |
| Total Expenses | $8.9M |
| Surplus / Deficit | +$178K |
| Total Assets | $9.3M |
| Total Liabilities | $7.2M |
| Net Assets | $2.1M |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 77.1% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, Fort Greene Council Inc reported a surplus of $178K with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 77.1% (high leverage).
Financial Trends
Over 11 years of filings (2011–2023), Fort Greene Council Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.4% | +10.5% | +31.2% |
| 2022 | +36.9% | +35.8% | +57.4% |
| 2021 | -25.3% | -22.6% | +11.0% |
| 2019 | +16.3% | +15.7% | +27.3% |
| 2017 | +5.1% | +4.6% | +38.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| 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 Fort Greene Council Inc with a Mission Score of 85 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Fort Greene Council Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $178K, with revenue exceeding expenses.
- Debt-to-asset ratio: 77.1%.
Executive Compensation Analysis
The organization consistently reports 0% for officer compensation across all available filings. This is unusual for an organization with annual revenues exceeding $9 million and suggests either a fully volunteer executive team or that executive compensation is categorized differently within their financial statements, which could impact transparency.
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 Fort Greene Council Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual executive remuneration or indicate a unique operational model.
Strengths
The following positive indicators were identified for Fort Greene Council Inc:
- Consistent revenue growth over the past decade, from $6.1 million in 2015 to over $9 million in 2023.
- Strong asset growth, increasing from $2.5 million in 2015 to $9.3 million in 2023, indicating financial stability.
- Efficient spending, with expenses closely matching revenue, suggesting effective utilization of funds for programs and operations.
- Healthy balance sheet with assets consistently exceeding liabilities.
Frequently Asked Questions about Fort Greene Council Inc
Is Fort Greene Council Inc a legitimate charity?
Fort Greene Council Inc (EIN: 112300840) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $10.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Fort Greene Council Inc spend its money?
Fort Greene Council Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Fort Greene Council Inc tax-deductible?
Fort Greene Council Inc is registered as a tax-exempt nonprofit (EIN: 112300840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fort Greene Council Inc CEO make?
Fort Greene Council Inc's highest-compensated officer earns $9 annually. The organization reported $10.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fort Greene Council Inc's spending goes to programs?
Fort Greene Council Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Fort Greene Council Inc located?
Fort Greene Council Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112300840.
How many years of IRS 990 filings does Fort Greene Council Inc have?
Fort Greene Council Inc 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 $10.0M in total revenue.
Is Fort Greene Council Inc. a good charity?
Based on its financial health, consistent revenue growth, and efficient spending (expenses closely match revenue), Fort Greene Council Inc. appears to be a well-managed organization. However, the lack of reported officer compensation warrants further inquiry for complete transparency.
How has the organization's financial health changed over time?
Fort Greene Council Inc. has shown significant financial growth, with revenues increasing from $6.1 million in 2015 to over $9 million in 2023. Assets have also grown substantially from $2.5 million in 2015 to $9.3 million in 2023, indicating a strong and improving financial position.
What is the organization's spending efficiency?
The organization demonstrates strong spending efficiency, with expenses consistently close to revenue. For example, in 2023, revenues were $9,029,695 and expenses were $8,851,946, indicating that the vast majority of funds are being utilized for its operations.
Filing History
IRS 990 filing history for Fort Greene Council Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Fort Greene Council Inc's revenue has declined by 24.2%, moving from $11.9M to $9.0M. Total assets increased by 162.9% over the same period, from $3.5M to $9.3M. Total functional expenses fell by 25.8%, from $11.9M to $8.9M. In its most recent filing year (2023), Fort Greene Council Inc reported a surplus of $178K, with revenue exceeding expenses. The organization holds $7.2M in liabilities against $9.3M in assets (debt-to-asset ratio: 77.1%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.0M | $8.9M | $9.3M | $7.2M | — | View 990 |
| 2022 | $8.1M | $8.0M | $7.1M | $5.1M | — | View 990 |
| 2021 | $5.9M | $5.9M | $4.5M | $2.7M | — | — |
| 2019 | $7.9M | $7.6M | $4.1M | $2.5M | — | View 990 |
| 2017 | $6.8M | $6.6M | $3.2M | $2.0M | — | View 990 |
| 2016 | $6.5M | $6.3M | $2.3M | $1.4M | — | View 990 |
| 2015 | $6.2M | $6.1M | $2.6M | $1.9M | — | View 990 |
| 2014 | $7.1M | $7.2M | $2.3M | $1.7M | — | View 990 |
| 2013 | $8.7M | $8.5M | $3.2M | $2.4M | — | View 990 |
| 2012 | $11.2M | $11.3M | $3.4M | $2.8M | — | View 990 |
| 2011 | $11.9M | $11.9M | $3.5M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.0M, expenses of $8.9M, and assets of $9.3M (revenue +11.4% year-over-year).
- 2022: Revenue of $8.1M, expenses of $8.0M, and assets of $7.1M (revenue +36.9% year-over-year).
- 2021: Revenue of $5.9M, expenses of $5.9M, and assets of $4.5M (revenue -25.3% year-over-year).
- 2019: Revenue of $7.9M, expenses of $7.6M, and assets of $4.1M (revenue +16.3% year-over-year).
- 2017: Revenue of $6.8M, expenses of $6.6M, and assets of $3.2M (revenue +5.1% year-over-year).
- 2016: Revenue of $6.5M, expenses of $6.3M, and assets of $2.3M (revenue +5.4% year-over-year).
- 2015: Revenue of $6.2M, expenses of $6.1M, and assets of $2.6M (revenue -13.4% year-over-year).
- 2014: Revenue of $7.1M, expenses of $7.2M, and assets of $2.3M (revenue -17.9% year-over-year).
- 2013: Revenue of $8.7M, expenses of $8.5M, and assets of $3.2M (revenue -22.7% year-over-year).
- 2012: Revenue of $11.2M, expenses of $11.3M, and assets of $3.4M (revenue -5.9% year-over-year).
- 2011: Revenue of $11.9M, expenses of $11.9M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Greene Council Inc:
Data Sources and Methodology
This transparency report for Fort Greene Council 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.