Greenfield Foundation
Greenfield Foundation reports minimal financial activity and declining assets over five years.
EIN: 10529020 · Falmouth, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $20K |
| Program Spending | 75% |
| Net Assets | $1K |
| Transparency Score | 40/100 |
Is Greenfield Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greenfield Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greenfield Foundation
Greenfield Foundation (EIN: 10529020) is a nonprofit organization based in Falmouth, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greenfield Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greenfield Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 1077.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $20K |
| Surplus / Deficit | $-689 |
| Total Assets | $1K |
| Total Liabilities | $1 |
| Net Assets | $1K |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2015, Greenfield Foundation reported a deficit of $689 with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Greenfield Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1077.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +431.6% | +395.2% | -31.8% |
| 2014 | +180600.0% | +2750.4% | -15.7% |
| 2012 | -100.0% | -94.9% | -4.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greenfield Foundation with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 75%
- fundraising: 5%
According to IRS 990 filings, Greenfield Foundation allocates its expenses as follows: admin: 20%, programs: 75%, fundraising: 5%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $689, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, indicating that the organization's leadership is unpaid, which is appropriate given its extremely small size and minimal financial activity.
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 Greenfield Foundation's IRS 990 filings:
- Consistently low and declining revenue and assets, suggesting minimal or no active operations.
- Latest reported revenue and assets are $0, indicating potential dormancy or cessation of activities.
- NTEE code is unknown, making it difficult to assess its stated purpose or mission alignment.
Strengths
The following positive indicators were identified for Greenfield Foundation:
- No officer compensation reported, indicating volunteer leadership and efficient use of limited funds.
- Very low liabilities across all reported periods, suggesting financial prudence.
Frequently Asked Questions about Greenfield Foundation
Is Greenfield Foundation a legitimate charity?
Greenfield Foundation (EIN: 10529020) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 40/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Greenfield Foundation spend its money?
Greenfield Foundation directs 75% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Greenfield Foundation tax-deductible?
Greenfield Foundation is registered as a tax-exempt nonprofit (EIN: 10529020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greenfield Foundation's spending goes to programs?
Greenfield Foundation directs 75% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Greenfield Foundation located?
Greenfield Foundation is headquartered in Falmouth, Maine and files with the IRS under EIN 10529020.
How many years of IRS 990 filings does Greenfield Foundation have?
Greenfield Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Greenfield Foundation still active, given its latest reported revenue and assets are $0?
Based on the latest available data showing $0 revenue and assets, it is highly probable that the Greenfield Foundation is no longer actively operating or is in the process of dissolution.
What is the programmatic focus of Greenfield Foundation, given its NTEE code is unknown?
Without an NTEE code or more detailed program service accomplishments in the filings, it is impossible to determine the specific programmatic focus of the Greenfield Foundation.
Filing History
IRS 990 filing history for Greenfield Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Greenfield Foundation's revenue has grown by 1921100%, moving from $1 to $19K. Total assets decreased by 48.1% over the same period, from $3K to $1K. Total functional expenses rose by 641.5%, from $3K to $20K. In its most recent filing year (2015), Greenfield Foundation reported a deficit of $689, with expenses exceeding revenue. The organization holds $1 in liabilities against $1K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $19K | $20K | $1K | $1 | — | View 990 |
| 2014 | $4K | $4K | $2K | $1 | — | View 990 |
| 2013 | $2 | $141 | $3K | $1 | — | View 990 |
| 2012 | $0 | $138 | $3K | $0 | — | View 990 |
| 2011 | $1 | $3K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $19K, expenses of $20K, and assets of $1K (revenue +431.6% year-over-year).
- 2014: Revenue of $4K, expenses of $4K, and assets of $2K (revenue +180600.0% year-over-year).
- 2013: Revenue of $2, expenses of $141, and assets of $3K.
- 2012: Revenue of $0, expenses of $138, and assets of $3K (revenue -100.0% year-over-year).
- 2011: Revenue of $1, expenses of $3K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greenfield Foundation:
Data Sources and Methodology
This transparency report for Greenfield Foundation 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.