Green Blue Institute
Green Blue Institute shows consistent revenue growth and positive net income over the last decade, with no reported officer compensation.
EIN: 10706799 · Charlottesvle, VA · NTEE: C03 · Updated: 2026-03-27
Is Green Blue Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Green Blue Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Green Blue Institute
Green Blue Institute (EIN: 10706799) is a nonprofit organization based in Charlottesvle, VA, classified under NTEE code C03. The organization reported total revenue of $10.7M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Green Blue Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Green Blue Institute is a large nonprofit that has been operating for 4 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.8M |
| Total Expenses | $8.4M |
| Surplus / Deficit | +$400K |
| Total Assets | $7.8M |
| Total Liabilities | $3.5M |
| Net Assets | $4.4M |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 44.4% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2023, Green Blue Institute reported a surplus of $400K with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 44.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Green Blue Institute's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.9% | +34.9% | +17.5% |
| 2022 | +25.6% | +19.6% | +21.0% |
| 2021 | +26.7% | +16.3% | +17.3% |
| 2020 | -7.7% | -5.9% | +2.1% |
| 2019 | +49.1% | +46.8% | +14.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 Green Blue Institute with a Mission Score of 90 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, Green Blue Institute 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 $400K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.4%.
Executive Compensation Analysis
No officer compensation has been reported across all 13 available IRS 990 filings, which is highly unusual for an organization with revenues growing to nearly $9 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which could obscure the true cost of leadership.
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 Green Blue Institute's IRS 990 filings:
- No reported officer compensation across all filings, which is atypical for an organization of this size and growth, potentially obscuring executive remuneration details.
Strengths
The following positive indicators were identified for Green Blue Institute:
- Consistent and significant revenue growth, from $1,961,258 in 2014 to $8,780,698 in 2023.
- Healthy financial surpluses year-over-year, indicating strong financial management (e.g., 2023 revenue $8,780,698 vs. expenses $8,381,056).
- Substantial growth in assets, from $2,231,147 in 2014 to $7,846,751 in 2023, demonstrating increasing financial capacity.
- Low liabilities relative to assets, with assets at $7,846,751 and liabilities at $3,487,048 in 2023, indicating good solvency.
Frequently Asked Questions about Green Blue Institute
Is Green Blue Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Green Blue Institute (EIN: 10706799) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Green Blue Institute spend its money?
Green Blue Institute directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Green Blue Institute tax-deductible?
Green Blue Institute is registered as a tax-exempt nonprofit (EIN: 10706799). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Green Blue Institute manage to have no reported officer compensation despite significant revenue?
The IRS 990 filings consistently show 0% officer compensation. This could mean the executive leadership is entirely volunteer-based, or their compensation is reported under different expense categories, which would require reviewing the full 990 forms for detailed expense breakdowns.
What is the organization's primary program focus given its NTEE code C03?
NTEE code C03 typically refers to Environmental Protection & Conservation organizations. While the filings confirm financial health, the specific programs would need to be detailed in the full 990 form's Part III, Statement of Program Service Accomplishments.
Is the growth in assets proportional to the growth in liabilities?
Assets have grown from $2,231,147 in 2014 to $7,846,751 in 2023, while liabilities increased from $712,411 to $3,487,048 in the same period. The asset growth outpaces liability growth, indicating a strengthening financial position.
Filing History
IRS 990 filing history for Green Blue Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Green Blue Institute's revenue has grown by 221.7%, moving from $2.7M to $8.8M. Total assets increased by 234.5% over the same period, from $2.3M to $7.8M. Total functional expenses rose by 213.9%, from $2.7M to $8.4M. In its most recent filing year (2023), Green Blue Institute reported a surplus of $400K, with revenue exceeding expenses. The organization holds $3.5M in liabilities against $7.8M in assets (debt-to-asset ratio: 44.4%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.8M | $8.4M | $7.8M | $3.5M | — | — |
| 2022 | $7.3M | $6.2M | $6.7M | $2.7M | — | View 990 |
| 2021 | $5.8M | $5.2M | $5.5M | $2.6M | — | View 990 |
| 2020 | $4.6M | $4.5M | $4.7M | $2.4M | — | View 990 |
| 2019 | $4.9M | $4.7M | $4.6M | $2.4M | — | — |
| 2018 | $3.3M | $3.2M | $4.0M | $2.0M | — | — |
| 2017 | $2.6M | $2.4M | $3.1M | $1.2M | — | — |
| 2016 | $2.1M | $2.0M | $2.7M | $1.0M | — | View 990 |
| 2015 | $1.9M | $1.8M | $2.5M | $834K | — | View 990 |
| 2014 | $2.0M | $1.9M | $2.2M | $712K | — | View 990 |
| 2013 | $2.0M | $1.9M | $2.1M | $600K | — | View 990 |
| 2012 | $2.3M | $2.5M | $2.2M | $1.3M | — | View 990 |
| 2011 | $2.7M | $2.7M | $2.3M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.8M, expenses of $8.4M, and assets of $7.8M (revenue +20.9% year-over-year).
- 2022: Revenue of $7.3M, expenses of $6.2M, and assets of $6.7M (revenue +25.6% year-over-year).
- 2021: Revenue of $5.8M, expenses of $5.2M, and assets of $5.5M (revenue +26.7% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.5M, and assets of $4.7M (revenue -7.7% year-over-year).
- 2019: Revenue of $4.9M, expenses of $4.7M, and assets of $4.6M (revenue +49.1% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.2M, and assets of $4.0M (revenue +27.0% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.4M, and assets of $3.1M (revenue +25.4% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.0M, and assets of $2.7M (revenue +10.3% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.8M, and assets of $2.5M (revenue -3.8% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.9M, and assets of $2.2M (revenue -2.6% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.9M, and assets of $2.1M (revenue -10.9% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.5M, and assets of $2.2M (revenue -17.2% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.7M, and assets of $2.3M.
Data Sources and Methodology
This transparency report for Green Blue Institute 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.