Greenwich Community Projects Fund Inc
Greenwich Community Projects Fund Inc: Strong Financial Health, Low Overhead
EIN: 223092506 · Cos Cob, CT · Updated: 2026-04-04
About Greenwich Community Projects Fund Inc
Greenwich Community Projects Fund Inc (EIN: 223092506) is a nonprofit organization based in Cos Cob, CT. The organization reported total revenue of $202K and total assets of $331K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greenwich Community Projects Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greenwich Community Projects Fund 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Greenwich Community Projects Fund Inc 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.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for key employees, indicating a volunteer-led or very low-paid leadership structure.
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.
Strengths
The following positive indicators were identified for Greenwich Community Projects Fund Inc:
- Consistently low administrative and fundraising expenses, indicating efficient use of funds.
- Healthy asset base relative to annual expenses, providing financial stability.
- Positive net assets growth over several years, demonstrating sound financial management.
Frequently Asked Questions about Greenwich Community Projects Fund Inc
What does Greenwich Community Projects Fund Inc do?
Greenwich Community Projects Fund Inc is a nonprofit organization in the Unknown sector, located in Cos Cob, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Greenwich Community Projects Fund Inc have?
Greenwich Community Projects Fund Inc reported total revenue of $201,842. Based on 14 IRS 990 filings on record.
What are Greenwich Community Projects Fund Inc's total assets?
Greenwich Community Projects Fund Inc holds total assets of $330,619 as reported in IRS 990 filings.
Where is Greenwich Community Projects Fund Inc located?
Greenwich Community Projects Fund Inc is based in Cos Cob, Connecticut.
What is Greenwich Community Projects Fund Inc's EIN?
Greenwich Community Projects Fund Inc's Employer Identification Number (EIN) is 223092506. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Greenwich Community Projects Fund Inc?
Greenwich Community Projects Fund Inc is classified under NTEE code Unknown (Unknown).
Is Greenwich Community Projects Fund Inc a registered 501(c)(3)?
Greenwich Community Projects Fund Inc appears in IRS records (EIN: 223092506). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Greenwich Community Projects Fund Inc file IRS Form 990?
Yes, Greenwich Community Projects Fund Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Greenwich Community Projects Fund Inc's revenue in 2023?
In the 202312 filing period, Greenwich Community Projects Fund Inc reported total revenue of $426,093, total expenses of $416,499, and net assets of $335,072.
Is Greenwich Community Projects Fund Inc's revenue growing or declining?
Greenwich Community Projects Fund Inc's revenue is growing. Revenue went from $172,554 (202212) to $426,093 (202312), a +146.9% change. Based on 14 filings on record.
What is Greenwich Community Projects Fund Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Greenwich Community Projects Fund Inc covers tax period 202312. It shows revenue of $426,093, expenses of $416,499, total assets of $335,072, and liabilities of N/A.
How much does Greenwich Community Projects Fund Inc spend on programs vs administration?
Based on IRS 990 analysis, Greenwich Community Projects Fund Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Greenwich Community Projects Fund Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Greenwich Community Projects Fund Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Greenwich Community Projects Fund Inc's strengths?
Positive indicators for Greenwich Community Projects Fund Inc include: Consistently low administrative and fundraising expenses, indicating efficient use of funds.. Healthy asset base relative to annual expenses, providing financial stability.. Positive net assets growth over several years, demonstrating sound financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Greenwich Community Projects Fund Inc compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for key employees, indicating a volunteer-led or very low-paid leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'l0' (zero lobbying expenses) across all years, what specific types of community projects does Greenwich Community Projects Fund Inc primarily support, and how are these projects identified and evaluated for impact?
The provided data does not specify the types of community projects supported or the evaluation methods. Further investigation into their mission statement, website, or annual reports would be necessary to understand their programmatic focus and impact assessment.
With total expenses ('x') consistently lower than total revenue ('r') in most recent years, how does the organization plan to utilize its accumulating assets ('a') to expand its community impact or address new needs within Greenwich?
The data shows a trend of revenue exceeding expenses, leading to asset growth. Without additional information, it's unclear if these assets are earmarked for specific future projects, endowment building, or simply represent a healthy operating reserve. This would require reviewing their strategic plans or financial policies.
Filing History
IRS 990 filing history for Greenwich Community Projects Fund Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Greenwich Community Projects Fund Inc's revenue has grown by 771.3%, moving from $49K to $426K. Total assets decreased by 13.5% over the same period, from $387K to $335K. Total functional expenses rose by 1613.3%, from $24K to $416K. In its most recent filing year (2023), Greenwich Community Projects Fund Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $426K | $416K | $335K | $0 | — | View 990 |
| 2022 | $173K | $170K | $325K | $0 | — | View 990 |
| 2021 | $401K | $230K | $323K | $0 | — | View 990 |
| 2020 | $152K | $114K | $152K | $0 | — | View 990 |
| 2019 | $1K | $33K | $114K | $0 | — | View 990 |
| 2018 | $77K | $60K | $146K | $0 | — | View 990 |
| 2017 | $0 | $5K | $129K | $0 | — | View 990 |
| 2016 | $7K | $54K | $134K | $0 | — | View 990 |
| 2015 | $205K | $508K | $182K | $0 | — | View 990 |
| 2014 | $470K | $112K | $485K | $0 | — | View 990 |
| 2013 | $121K | $100K | $127K | $0 | — | View 990 |
| 2012 | $22K | $38K | $106K | $0 | — | View 990 |
| 2011 | $27K | $293K | $121K | $0 | — | View 990 |
| 2010 | $49K | $24K | $387K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $426K, expenses of $416K, and assets of $335K (revenue +146.9% year-over-year).
- 2022: Revenue of $173K, expenses of $170K, and assets of $325K (revenue -56.9% year-over-year).
- 2021: Revenue of $401K, expenses of $230K, and assets of $323K (revenue +164.3% year-over-year).
- 2020: Revenue of $152K, expenses of $114K, and assets of $152K (revenue +15063.2% year-over-year).
- 2019: Revenue of $1K, expenses of $33K, and assets of $114K (revenue -98.7% year-over-year).
- 2018: Revenue of $77K, expenses of $60K, and assets of $146K.
- 2017: Revenue of $0, expenses of $5K, and assets of $129K (revenue -100.0% year-over-year).
- 2016: Revenue of $7K, expenses of $54K, and assets of $134K (revenue -96.7% year-over-year).
- 2015: Revenue of $205K, expenses of $508K, and assets of $182K (revenue -56.4% year-over-year).
- 2014: Revenue of $470K, expenses of $112K, and assets of $485K (revenue +289.3% year-over-year).
- 2013: Revenue of $121K, expenses of $100K, and assets of $127K (revenue +448.3% year-over-year).
- 2012: Revenue of $22K, expenses of $38K, and assets of $106K (revenue -19.0% year-over-year).
- 2011: Revenue of $27K, expenses of $293K, and assets of $121K (revenue -44.4% year-over-year).
- 2010: Revenue of $49K, expenses of $24K, and assets of $387K.
Data Sources and Methodology
This transparency report for Greenwich Community Projects Fund 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.