Greenwich Leadership Forum Inc
Greenwich Leadership Forum Inc. faces significant revenue decline and asset depletion in recent years.
EIN: 201622122 · Greenwich, CT · NTEE: Y20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30K |
| Total Expenses | $53K |
| Program Spending | 80% |
| Net Assets | $17K |
| Transparency Score | 65/100 |
Is Greenwich Leadership Forum Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greenwich Leadership Forum Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greenwich Leadership Forum Inc
Greenwich Leadership Forum Inc (EIN: 201622122) is a nonprofit organization based in Greenwich, CT, classified under NTEE code Y20. The organization reported total revenue of $30K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greenwich Leadership Forum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greenwich Leadership Forum Inc is a micro nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -21.3%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $53K |
| Surplus / Deficit | $-33,418 |
| Total Assets | $17K |
| Net Assets | $17K |
| Operating Margin | -169.9% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2019, Greenwich Leadership Forum Inc reported a deficit of $33K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2011–2019), Greenwich Leadership Forum Inc's revenue has declined at a compound annual growth rate (CAGR) of -21.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -83.8% | -53.5% | -66.6% |
| 2018 | +13.5% | -0.3% | +19.3% |
| 2017 | +26.3% | +102.7% | -14.7% |
| 2016 | +42.4% | -44.8% | +136.2% |
| 2015 | -21.2% | +0.7% | -67.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| 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 Greenwich Leadership Forum Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Greenwich Leadership Forum Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led executive team or that compensation falls below reporting thresholds, which is a positive for minimizing overhead relative to the organization's size and revenue.
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 Greenwich Leadership Forum Inc's IRS 990 filings:
- Significant revenue decline in the latest reporting period (from $121,680 in 2018 to $19,670 in 2019).
- Expenses ($53,088 in 2019) significantly exceeded revenue ($19,670) in the latest period, leading to a deficit.
- Consistent depletion of assets over several years, from $93,187 in 2012 to $16,735 in 2019.
Strengths
The following positive indicators were identified for Greenwich Leadership Forum Inc:
- Consistent reporting of $0 officer compensation, indicating low executive overhead.
- Zero reported liabilities across all filing periods, demonstrating a debt-free operation.
- Long history of IRS 990 filings (9 filings), indicating transparency and compliance.
Frequently Asked Questions about Greenwich Leadership Forum Inc
Is Greenwich Leadership Forum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greenwich Leadership Forum Inc (EIN: 201622122) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Greenwich Leadership Forum Inc spend its money?
Greenwich Leadership Forum Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greenwich Leadership Forum Inc tax-deductible?
Greenwich Leadership Forum Inc is registered as a tax-exempt nonprofit (EIN: 201622122). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greenwich Leadership Forum Inc's spending goes to programs?
Greenwich Leadership Forum Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greenwich Leadership Forum Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Greenwich Leadership Forum Inc is above average for NTEE category Y20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greenwich Leadership Forum Inc located?
Greenwich Leadership Forum Inc is headquartered in Greenwich, Connecticut and files with the IRS under EIN 201622122. It is classified under NTEE code Y20.
How many years of IRS 990 filings does Greenwich Leadership Forum Inc have?
Greenwich Leadership Forum Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $30K in total revenue.
Is Greenwich Leadership Forum Inc. financially stable?
Based on the latest filings, the organization is experiencing financial instability, with 2019 revenue of $19,670 significantly lower than expenses of $53,088, leading to a substantial decrease in assets to $16,735.
What caused the sharp decline in revenue in 2019?
The provided data does not specify the exact cause, but revenue dropped from $121,680 in 2018 to $19,670 in 2019, indicating a significant operational or fundraising challenge.
How does the organization manage its liabilities?
Greenwich Leadership Forum Inc. has consistently reported $0 in liabilities across all available filings, indicating a very conservative approach to debt and financial management.
What is the trend in the organization's assets?
Assets have generally declined in recent years, from a high of $93,187 in 2012 to $16,735 in 2019, reflecting periods where expenses exceeded revenue.
Filing History
IRS 990 filing history for Greenwich Leadership Forum Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Greenwich Leadership Forum Inc's revenue has declined by 85.2%, moving from $133K to $20K. Total assets decreased by 52.4% over the same period, from $35K to $17K. Total functional expenses fell by 57.3%, from $124K to $53K. In its most recent filing year (2019), Greenwich Leadership Forum Inc reported a deficit of $33K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $20K | $53K | $17K | $0 | — | View 990 |
| 2018 | $122K | $114K | $50K | $0 | — | View 990 |
| 2017 | $107K | $114K | $42K | $0 | — | View 990 |
| 2016 | $85K | $56K | $49K | $0 | — | View 990 |
| 2015 | $60K | $102K | $21K | $0 | — | View 990 |
| 2014 | $76K | $102K | $64K | $0 | — | View 990 |
| 2013 | $80K | $84K | $90K | $0 | — | View 990 |
| 2012 | $122K | $64K | $93K | $0 | — | View 990 |
| 2011 | $133K | $124K | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $20K, expenses of $53K, and assets of $17K (revenue -83.8% year-over-year).
- 2018: Revenue of $122K, expenses of $114K, and assets of $50K (revenue +13.5% year-over-year).
- 2017: Revenue of $107K, expenses of $114K, and assets of $42K (revenue +26.3% year-over-year).
- 2016: Revenue of $85K, expenses of $56K, and assets of $49K (revenue +42.4% year-over-year).
- 2015: Revenue of $60K, expenses of $102K, and assets of $21K (revenue -21.2% year-over-year).
- 2014: Revenue of $76K, expenses of $102K, and assets of $64K (revenue -6.0% year-over-year).
- 2013: Revenue of $80K, expenses of $84K, and assets of $90K (revenue -33.8% year-over-year).
- 2012: Revenue of $122K, expenses of $64K, and assets of $93K (revenue -8.8% year-over-year).
- 2011: Revenue of $133K, expenses of $124K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greenwich Leadership Forum Inc:
Data Sources and Methodology
This transparency report for Greenwich Leadership Forum 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.