Greenhouse Scholars
Greenhouse Scholars shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 202863499 · Boulder, CO · NTEE: B82 · Updated: 2026-03-28
Is Greenhouse Scholars Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greenhouse Scholars directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greenhouse Scholars
Greenhouse Scholars (EIN: 202863499) is a nonprofit organization based in Boulder, CO, classified under NTEE code B82. The organization reported total revenue of $5.0M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greenhouse Scholars's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greenhouse Scholars is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 16.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$180K |
| Total Assets | $3.6M |
| Total Liabilities | $358K |
| Net Assets | $3.2M |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 10.0% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2023, Greenhouse Scholars reported a surplus of $180K with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 10.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Greenhouse Scholars's revenue has grown at a compound annual growth rate (CAGR) of 16.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.1% | +16.3% | +6.5% |
| 2022 | -31.3% | +11.8% | +3.2% |
| 2021 | +45.8% | +23.2% | +43.2% |
| 2020 | +42.7% | -5.5% | +115.2% |
| 2019 | -7.4% | +21.1% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Greenhouse Scholars with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Greenhouse Scholars allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $180K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests either a volunteer leadership model or that compensation is reported under other categories, though the former is implied by the direct reporting.
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 Greenhouse Scholars's IRS 990 filings:
- Unusually low reported officer compensation (0%) across all filings, which might warrant further investigation into how leadership is compensated or if it's entirely volunteer-driven.
Strengths
The following positive indicators were identified for Greenhouse Scholars:
- Consistent revenue growth over the past decade, from $901,129 in 2014 to $3,201,082 in 2023.
- Strong asset accumulation, growing from $728,904 in 2014 to $3,596,203 in 2023.
- Expenses generally kept below revenue, indicating sound financial management (e.g., 2023 expenses $3,021,290 vs. revenue $3,201,082).
- Reported 0% officer compensation across all filings, suggesting a high dedication of funds to programs.
- Positive net asset position maintained and grown consistently.
Frequently Asked Questions about Greenhouse Scholars
Is Greenhouse Scholars a legitimate charity?
Based on AI analysis of IRS 990 filings, Greenhouse Scholars (EIN: 202863499) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Greenhouse Scholars spend its money?
Greenhouse Scholars directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greenhouse Scholars tax-deductible?
Greenhouse Scholars is registered as a tax-exempt nonprofit (EIN: 202863499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Greenhouse Scholars a good charity?
Based on the provided financial data, Greenhouse Scholars appears to be a very good charity. It demonstrates strong financial health, consistent growth, and a clear commitment to its mission by reporting 0% officer compensation and maintaining healthy asset levels.
How has Greenhouse Scholars' revenue trended over time?
Greenhouse Scholars has shown a strong upward trend in revenue, growing from $901,129 in 2014 to $3,201,082 in 2023, with a peak of $3,692,750 in 2021.
What is the organization's asset growth like?
The organization has experienced significant asset growth, increasing from $728,904 in 2014 to $3,596,203 in 2023, indicating effective financial management and resource accumulation.
Filing History
IRS 990 filing history for Greenhouse Scholars showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Greenhouse Scholars's revenue has grown by 619.9%, moving from $445K to $3.2M. Total assets increased by 1129.4% over the same period, from $293K to $3.6M. Total functional expenses rose by 828.3%, from $325K to $3.0M. In its most recent filing year (2023), Greenhouse Scholars reported a surplus of $180K, with revenue exceeding expenses. The organization holds $358K in liabilities against $3.6M in assets (debt-to-asset ratio: 10.0%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.0M | $3.6M | $358K | — | — |
| 2022 | $2.5M | $2.6M | $3.4M | $450K | — | View 990 |
| 2021 | $3.7M | $2.3M | $3.3M | $102K | — | — |
| 2020 | $2.5M | $1.9M | $2.3M | $599K | — | — |
| 2019 | $1.8M | $2.0M | $1.1M | $90K | — | View 990 |
| 2018 | $1.9M | $1.6M | $1.2M | $68K | — | View 990 |
| 2017 | $1.5M | $1.3M | $885K | $66K | — | View 990 |
| 2016 | $1.1M | $1.0M | $632K | $4K | — | View 990 |
| 2015 | $1.1M | $1.1M | $640K | $33K | — | View 990 |
| 2014 | $901K | $884K | $729K | $12K | — | View 990 |
| 2013 | $1.0M | $812K | $759K | $20K | — | View 990 |
| 2012 | $723K | $638K | $551K | $12K | — | View 990 |
| 2011 | $625K | $447K | $462K | $1K | — | View 990 |
| 2010 | $445K | $325K | $293K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.0M, and assets of $3.6M (revenue +26.1% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.6M, and assets of $3.4M (revenue -31.3% year-over-year).
- 2021: Revenue of $3.7M, expenses of $2.3M, and assets of $3.3M (revenue +45.8% year-over-year).
- 2020: Revenue of $2.5M, expenses of $1.9M, and assets of $2.3M (revenue +42.7% year-over-year).
- 2019: Revenue of $1.8M, expenses of $2.0M, and assets of $1.1M (revenue -7.4% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.6M, and assets of $1.2M (revenue +31.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.3M, and assets of $885K (revenue +36.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $632K (revenue +1.0% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $640K (revenue +16.9% year-over-year).
- 2014: Revenue of $901K, expenses of $884K, and assets of $729K (revenue -10.1% year-over-year).
- 2013: Revenue of $1.0M, expenses of $812K, and assets of $759K (revenue +38.7% year-over-year).
- 2012: Revenue of $723K, expenses of $638K, and assets of $551K (revenue +15.7% year-over-year).
- 2011: Revenue of $625K, expenses of $447K, and assets of $462K (revenue +40.5% year-over-year).
- 2010: Revenue of $445K, expenses of $325K, and assets of $293K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greenhouse Scholars:
Data Sources and Methodology
This transparency report for Greenhouse Scholars 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.