Green Thumb Initiative
EIN: 832070372 · Canon City, CO · NTEE: B80
Is Green Thumb Initiative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Green Thumb Initiative
Green Thumb Initiative (EIN: 832070372) is a nonprofit organization based in Canon City, CO, classified under NTEE code B80. The organization reported total revenue of $549K and total assets of $154K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Green Thumb Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Green Thumb Initiative 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 Green Thumb Initiative 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.
Frequently Asked Questions about Green Thumb Initiative
Is Green Thumb Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, Green Thumb Initiative (EIN: 832070372) insufficient data. 0 red flags identified, 0 strengths noted.
How does Green Thumb Initiative spend its money?
Detailed spending breakdown data is not yet available for Green Thumb Initiative. Check back for updated IRS 990 analysis.
Are donations to Green Thumb Initiative tax-deductible?
Green Thumb Initiative is registered as a tax-exempt nonprofit (EIN: 832070372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Green Thumb Initiative showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Green Thumb Initiative's revenue has grown by 14.1%, moving from $427K to $487K. Total assets decreased by 48.7% over the same period, from $196K to $100K. Total functional expenses rose by 30%, from $345K to $449K. In its most recent filing year (2023), Green Thumb Initiative reported a surplus of $38K, with revenue exceeding expenses. The organization holds $2K in liabilities against $100K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $99K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $487K | $449K | $100K | $2K | — | — |
| 2022 | $356K | $438K | $61K | $1K | — | View 990 |
| 2021 | $496K | $390K | $143K | $1K | — | View 990 |
| 2020 | $421K | $432K | $39K | $4K | — | — |
| 2019 | $427K | $345K | $196K | $98K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $487K, expenses of $449K, and assets of $100K (revenue +36.6% year-over-year).
- 2022: Revenue of $356K, expenses of $438K, and assets of $61K (revenue -28.2% year-over-year).
- 2021: Revenue of $496K, expenses of $390K, and assets of $143K (revenue +17.8% year-over-year).
- 2020: Revenue of $421K, expenses of $432K, and assets of $39K (revenue -1.3% year-over-year).
- 2019: Revenue of $427K, expenses of $345K, and assets of $196K.
Data Sources and Methodology
This transparency report for Green Thumb Initiative 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.