Green Seal Inc
Green Seal Inc maintains stable finances with growing assets and no reported officer compensation.
EIN: 133553974 · Washington, DC · NTEE: C010 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3,552,969 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Green Seal Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Green Seal Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Green Seal Inc
Green Seal Inc (EIN: 133553974) is a nonprofit organization based in Washington, DC, classified under NTEE code C010. The organization reported total revenue of $3.6M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Green Seal Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Green Seal Inc is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$128K |
| Total Assets | $1.9M |
| Total Liabilities | $712K |
| Net Assets | $1.2M |
| Operating Margin | 3.9% |
| Debt-to-Asset Ratio | 37.5% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2023, Green Seal Inc reported a surplus of $128K with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 37.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Green Seal Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.7% | +10.8% | +15.9% |
| 2022 | -10.8% | +1.3% | +14.4% |
| 2021 | +17.9% | -8.7% | +26.5% |
| 2020 | -3.2% | +0.6% | +7.2% |
| 2019 | +7.4% | +9.1% | -10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Seal 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Green Seal 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 $128K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.5%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of Green Seal Inc's size (latest revenue $3,552,969) and suggests either a volunteer leadership structure, or that executive compensation is reported under other expense categories, which would 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 Green Seal Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation, which may obscure actual executive remuneration if reported elsewhere.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting full spending efficiency analysis.
Strengths
The following positive indicators were identified for Green Seal Inc:
- Consistent revenue generation, with revenues generally exceeding expenses in recent years (e.g., 2023: Revenue $3,319,376 vs. Expenses $3,191,103).
- Healthy growth in net assets, increasing from $1,130,500 in 2020 to $1,897,208 in 2023, indicating financial stability.
- Long history of IRS 990 filings (13 periods), demonstrating commitment to regulatory compliance and transparency.
- Manageable liabilities relative to assets, indicating a strong balance sheet (e.g., 2023: Assets $1,897,208 vs. Liabilities $712,186).
Frequently Asked Questions about Green Seal Inc
Is Green Seal Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Green Seal Inc (EIN: 133553974) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Green Seal Inc spend its money?
Green Seal Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Green Seal Inc tax-deductible?
Green Seal Inc is registered as a tax-exempt nonprofit (EIN: 133553974). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Green Seal Inc CEO make?
Green Seal Inc's highest-compensated officer earns $3,552,969 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Green Seal Inc's spending goes to programs?
Green Seal Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Green Seal Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Green Seal Inc is above average for NTEE category C010 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Green Seal Inc located?
Green Seal Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 133553974. It is classified under NTEE code C010.
How many years of IRS 990 filings does Green Seal Inc have?
Green Seal 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 $3.6M in total revenue.
How does Green Seal Inc manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with annual revenues exceeding $3 million. This could indicate a volunteer leadership model, or that compensation for key executives is categorized differently within the expense structure, which would require further detail from the full 990 forms to clarify.
What is the detailed breakdown of Green Seal Inc's program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and mission focus, and would typically be found in Part IX of the IRS Form 990.
What are the primary sources of Green Seal Inc's revenue?
The provided data only lists total revenue. To understand the sustainability and diversity of Green Seal Inc's funding, it would be important to know the breakdown of revenue sources, such as program service revenue, contributions, grants, and investment income, which is typically detailed in Part VIII of the IRS Form 990.
Filing History
IRS 990 filing history for Green Seal Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Green Seal Inc's revenue has grown by 33.6%, moving from $2.5M to $3.3M. Total assets increased by 101.8% over the same period, from $940K to $1.9M. Total functional expenses rose by 14.9%, from $2.8M to $3.2M. In its most recent filing year (2023), Green Seal Inc reported a surplus of $128K, with revenue exceeding expenses. The organization holds $712K in liabilities against $1.9M in assets (debt-to-asset ratio: 37.5%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.2M | $1.9M | $712K | — | View 990 |
| 2022 | $3.1M | $2.9M | $1.6M | $579K | — | View 990 |
| 2021 | $3.4M | $2.8M | $1.4M | $546K | — | View 990 |
| 2020 | $2.9M | $3.1M | $1.1M | $824K | — | View 990 |
| 2019 | $3.0M | $3.1M | $1.1M | $535K | — | View 990 |
| 2018 | $2.8M | $2.8M | $1.2M | $560K | — | View 990 |
| 2017 | $2.7M | $2.9M | $1.4M | $690K | — | View 990 |
| 2016 | $2.6M | $2.9M | $1.5M | $665K | — | View 990 |
| 2015 | $2.7M | $2.9M | $1.7M | $598K | — | View 990 |
| 2014 | $2.7M | $2.4M | $2.0M | $678K | — | View 990 |
| 2013 | $2.8M | $2.3M | $1.6M | $665K | — | View 990 |
| 2012 | $2.5M | $2.3M | $998K | $613K | — | View 990 |
| 2011 | $2.5M | $2.8M | $940K | $759K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.2M, and assets of $1.9M (revenue +8.7% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.9M, and assets of $1.6M (revenue -10.8% year-over-year).
- 2021: Revenue of $3.4M, expenses of $2.8M, and assets of $1.4M (revenue +17.9% year-over-year).
- 2020: Revenue of $2.9M, expenses of $3.1M, and assets of $1.1M (revenue -3.2% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.1M, and assets of $1.1M (revenue +7.4% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.8M, and assets of $1.2M (revenue +2.7% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.9M, and assets of $1.4M (revenue +3.9% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.9M, and assets of $1.5M (revenue -2.0% year-over-year).
- 2015: Revenue of $2.7M, expenses of $2.9M, and assets of $1.7M (revenue -1.9% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.4M, and assets of $2.0M (revenue -3.7% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.3M, and assets of $1.6M (revenue +13.7% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.3M, and assets of $998K (revenue +-0.0% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.8M, and assets of $940K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Green Seal Inc:
Data Sources and Methodology
This transparency report for Green Seal 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.