Greenhope Services For Women Inc
Greenhope Services For Women Inc maintains strong program spending with no reported executive compensation, but faces a significant increase in liabilities.
EIN: 132813350 · Bronx, NY · NTEE: I440 · Updated: 2026-03-28
Is Greenhope Services For Women Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greenhope Services For Women Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greenhope Services For Women Inc
Greenhope Services For Women Inc (EIN: 132813350) is a nonprofit organization based in Bronx, NY, classified under NTEE code I440. The organization reported total revenue of $4.5M and total assets of $14.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greenhope Services For Women Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greenhope Services For Women Inc is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.8M |
| Total Expenses | $5.5M |
| Surplus / Deficit | +$336K |
| Total Assets | $15.3M |
| Total Liabilities | $21.0M |
| Net Assets | $-5,631,321 |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 136.7% |
| Months of Reserves | 33.7 months |
Financial Health Grade: A
In 2023, Greenhope Services For Women Inc reported a surplus of $336K with revenue exceeding expenses, holds 33.7 months of operating reserves (strong position), has a debt-to-asset ratio of 136.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greenhope Services For Women Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.7% | +25.7% | +9.2% |
| 2022 | -0.9% | -5.0% | -1.0% |
| 2021 | -2.4% | -1.6% | +5.9% |
| 2020 | +9.5% | +9.7% | -2.4% |
| 2019 | +10.2% | +4.6% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Greenhope Services For Women 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Greenhope Services For Women Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $336K, with revenue exceeding expenses.
- Debt-to-asset ratio: 136.7%.
Executive Compensation Analysis
Greenhope Services For Women Inc consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries. This is a strong positive for an organization of its size, with latest revenues of $5,795,779, as it suggests a high dedication to directing funds towards its mission.
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 Greenhope Services For Women Inc's IRS 990 filings:
- Significant increase in liabilities from $9,083,597 in 202206 to $20,957,579 in 202306, which warrants further investigation.
Strengths
The following positive indicators were identified for Greenhope Services For Women Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Strong program spending ratio, estimated at 90% of total expenses.
- Positive net revenue in the latest fiscal period (202306: Revenue=$5,795,779, Expenses=$5,459,576).
- Long history of IRS 990 filings (13 filings), suggesting organizational stability and transparency.
Frequently Asked Questions about Greenhope Services For Women Inc
Is Greenhope Services For Women Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greenhope Services For Women Inc (EIN: 132813350) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Greenhope Services For Women Inc spend its money?
Greenhope Services For Women Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greenhope Services For Women Inc tax-deductible?
Greenhope Services For Women Inc is registered as a tax-exempt nonprofit (EIN: 132813350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Greenhope Services For Women Inc a good charity?
Based on the available IRS 990 data, Greenhope Services For Women Inc appears to be a good charity. It consistently directs a high percentage of its expenses to programs and reports 0% officer compensation, indicating strong financial efficiency and a focus on its mission. However, the significant increase in liabilities in the latest filing (202306) from $9,083,597 to $20,957,579 is a factor that potential donors might want to understand better.
What caused the large increase in liabilities in the 202306 filing?
The IRS 990 data shows a substantial jump in liabilities from $9,083,597 in 202206 to $20,957,579 in 202306. The specific reasons for this increase are not detailed in the summary data provided and would require a deeper dive into the full 990 form, particularly Schedule D, to understand the nature of these liabilities (e.g., mortgages, bonds, program-related investments).
How does Greenhope's program spending compare to similar organizations?
With an estimated 90% of spending directed towards programs, Greenhope Services For Women Inc demonstrates a very strong commitment to its mission. This ratio is generally considered excellent and often surpasses that of many peer organizations, indicating high efficiency in delivering its services.
Filing History
IRS 990 filing history for Greenhope Services For Women Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greenhope Services For Women Inc's revenue has grown by 62.8%, moving from $3.6M to $5.8M. Total assets decreased by 4.3% over the same period, from $16.0M to $15.3M. Total functional expenses rose by 17.3%, from $4.7M to $5.5M. In its most recent filing year (2023), Greenhope Services For Women Inc reported a surplus of $336K, with revenue exceeding expenses. The organization holds $21.0M in liabilities against $15.3M in assets (debt-to-asset ratio: 136.7%), resulting in net assets of $-5,631,321.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.8M | $5.5M | $15.3M | $21.0M | — | — |
| 2022 | $4.1M | $4.3M | $14.0M | $9.1M | — | View 990 |
| 2021 | $4.1M | $4.6M | $14.2M | $8.9M | — | View 990 |
| 2020 | $4.2M | $4.6M | $13.4M | $7.7M | — | View 990 |
| 2019 | $3.8M | $4.2M | $13.7M | $7.6M | — | View 990 |
| 2018 | $3.5M | $4.0M | $13.7M | $7.1M | — | View 990 |
| 2017 | $3.0M | $3.8M | $13.9M | $6.8M | — | View 990 |
| 2016 | $15.6M | $3.9M | $14.3M | $6.4M | — | View 990 |
| 2015 | $4.3M | $4.4M | $1.4M | $2.8M | — | View 990 |
| 2014 | $3.5M | $4.1M | $1.1M | $2.4M | — | View 990 |
| 2013 | $3.9M | $4.8M | $837K | $2.2M | — | View 990 |
| 2012 | $3.6M | $4.8M | $11.2M | $12.7M | — | View 990 |
| 2011 | $3.6M | $4.7M | $16.0M | $16.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.8M, expenses of $5.5M, and assets of $15.3M (revenue +42.7% year-over-year).
- 2022: Revenue of $4.1M, expenses of $4.3M, and assets of $14.0M (revenue -0.9% year-over-year).
- 2021: Revenue of $4.1M, expenses of $4.6M, and assets of $14.2M (revenue -2.4% year-over-year).
- 2020: Revenue of $4.2M, expenses of $4.6M, and assets of $13.4M (revenue +9.5% year-over-year).
- 2019: Revenue of $3.8M, expenses of $4.2M, and assets of $13.7M (revenue +10.2% year-over-year).
- 2018: Revenue of $3.5M, expenses of $4.0M, and assets of $13.7M (revenue +15.8% year-over-year).
- 2017: Revenue of $3.0M, expenses of $3.8M, and assets of $13.9M (revenue -80.7% year-over-year).
- 2016: Revenue of $15.6M, expenses of $3.9M, and assets of $14.3M (revenue +264.4% year-over-year).
- 2015: Revenue of $4.3M, expenses of $4.4M, and assets of $1.4M (revenue +21.9% year-over-year).
- 2014: Revenue of $3.5M, expenses of $4.1M, and assets of $1.1M (revenue -10.1% year-over-year).
- 2013: Revenue of $3.9M, expenses of $4.8M, and assets of $837K (revenue +8.8% year-over-year).
- 2012: Revenue of $3.6M, expenses of $4.8M, and assets of $11.2M (revenue +0.8% year-over-year).
- 2011: Revenue of $3.6M, expenses of $4.7M, and assets of $16.0M.
Data Sources and Methodology
This transparency report for Greenhope Services For Women 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.